Robobo has recently been developing a solution known as PagaLu, a payment aggregator service that enables payments between mobile wallets, bank accounts, and other methods. PagaLu is aimed at startups, entrepreneurs, content creators, and all who wish to monetize or accept payments from the majority of the commonly used means of transaction. Currently the solution is in a pilot phase with companies in the news subscriptions market and is expecting to manage more than 10,000 daily transactions at start. Robobo’s vision is to grow the fintech sector in Mozambique, expanding opportunities for small businesses.

Its solution aims to change the local financial market by increasing digitalisation of transactions in local currency. The Ekuvita team hopes that Quick-e-Pay ​can improve financial inclusion by leveraging free online payments for goods and services, integrating e-finance into the Mozambican ecosystem, and opening up e-finance opportunities for all. It envisages a local farmer using the platform to sell vegetables to a nearby city supermarket or a food delivery company that can offer food online with payment confirmation.

Remittance

Remittance and money changing; registered with ASIC in Australia as a remittance service provider

Overview

Provides connectivity for Bahraini banks to assist their customers in accessing account information across different banks on a single platform, in accordance with the CBB open banking regulations. Integrated with 11 banks at time of graduation from sandbox. Open banking compliance deadline of June 30, 2019 Subsidiary of larger diversified holding company, Almoayed Technologies Partnership with smart banking platform Movencorp announced on January 23, 2019.