Mobile banking takes off in Africa – An interview with Fundamo
I’m travelling to Africa this week in order to work with a client on mobile projects in the continent and thought that now would be a great time to post an interview I filmed during the 2010 World Mobile Congress last February.
The interview is with Filip Nilsson, Regional Executive at Fundamo, a mobile financial services enterprise.
During the interview, Nilsson confirms that the biggest users of mobile banking are indeed people in developing countries. Africa is currently the highest-ranking continent for using these services – In 2008 alone, around US$ 2 billion was processed via Fundamo’s mobile banking facility, providing “mobile wallets” for over 2 million members that wouldn’t otherwise have access to banking services.
For more information, check out my video!
