Agile VC

JUNE 12, 2012

M-Pesa created by mobile carrier Safaricom in Kenya is the best known example of this. They are fully fungible for hard currency through Safaricom’s network of retail partners for either the sender or recipient of an M-Pesa mobile payment. Dwolla is also considering to take its network overseas, still riding ACH.

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. employ 60K people in 11 countries. 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. employ 60K people in 11 countries.

Disintermediation 40

Disintermediation United States Nigeria Kenya 40