Tingo Inc. (OTC: IWBB) founder and CEO Dozy Mmobuosi was featured in a recent interview on The Daily Helping Podcast, a series focused on providing food for the brain, knowledge from the experts and tools to win at life. Hosted by entrepreneur and philanthropist Dr. Richard Shuster, the broadcast is available for on-demand listening on The Daily Helping. During the interview, Mmobuosi discussed his background in business leading up to the founding of Tingo as a way to provide agribusiness owners access to information and financial services. “We needed to create a niche market, because we didn’t have the resources to compete with Samsung and Nokia and the big brands at that time. I looked at various sectors and realized that the sector that needed all the help via technology was agribusiness,” Mmobuosi said. “Millions of undocumented agribusiness owners did not have a single bank branch in their village. It was clear that we must bring financial services to the rural communities of Nigeria. The fastest way to deploy services is through technology. We knew that the first thing to do was to make smartphones available to these farmers. We set up assembly lines in Abuja and Lagos. We made sure that each of these devices was preloaded with our mobile wallet, which these farmers would use to do their transactions.”
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About Tingo International Holdings
Tingo is a unique agri-fintech company using smartphones to deliver a marketplace that enables 10 million subscribers to manage their commercial activities of growing and selling their products to market participants. The ecosystem provides a one-stop-shop solution to enable subscribers to manage everything from airtime top-ups, bill pay services for utilities and other service providers to access to insurance services and microfinance to support their value chain from seed to sale. Tingo has two innovative platforms: Nwassa, Africa’s first digital agriculture ecosystem, and Tingo Pay, a mobile payment gateway. Tingo International Holdings is a majority shareholder in Tingo Inc., which owns 100% of Tingo Mobile PLC in Nigeria. For more information, visit the company’s website at www.TingoInc.com.
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