Agile VC

JUNE 12, 2012

M-Pesa created by mobile carrier Safaricom in Kenya is the best known example of this. If massively succesful, Isis might disintermediate the companies that manufacturer plastic payment cards and perhaps the companies that make mag stripe hardware (e.g. So not a new store of value and this is basically scenario #1 described above.

Mobile 250

Mobile Disintermediation SMS Government 250

thebarefootvc

OCTOBER 25, 2015

The most documented example of this is M-Pesa’s mobile money platform in Kenya, which I have written about a few times on this blog, including in my thesis piece When Third is First. Banks, if they don’t begin to explore new business models to service customers, will become extinct during this process.

Disintermediation 58

Disintermediation United States Nigeria Kenya 58

thebarefootvc

OCTOBER 25, 2015

The most documented example of this is M-Pesa’s mobile money platform in Kenya, which I have written about a few times on this blog, including in my thesis piece When Third is First. Banks, if they don’t begin to explore new business models to service customers, will become extinct during this process.

Disintermediation 40

Disintermediation United States Nigeria Kenya 40