Holiday Gift Guide »

Obopay, Grameen Solutions partner to Bank a Billion

Categories: Announcements, Partnerships,
By: , IntoMobile
Sunday, August 10th, 2008 at 4:05 PM

Bank a Billion

Mobile payments solution provider Obopay has announced partnership with Grameen Solutions, the company globally recognized for promoting economic and social development through information and communications technology, to deliver mobile banking services to a billion of the world’s poorest people by 2018.

The Grameen-Obopay Bank A Billion Initiative will provide access to affordable financial services, including savings, cross-border remittances, money transfer, payments, and micro-credit. By empowering life and work endeavors with mobile technology that is ubiquitous even in the most impoverished and remote corners of the world, Grameen-Obopay is bringing the full power of banking to those who need it most.

Commenting on the announcement, Obopay’s Ms. Carol Realini said: “We are thrilled to embark on a partnership with Grameen Solutions, and look forward to working with them to bring truly powerful mobile banking services to people everywhere.”

Working initially in Mumbai, India and in Bangladesh, The Grameen-Obopay Bank A Billion Initiative will begin delivering services in October, 2008. For more information, log on to BankABillion.org.

About The Author

Dusan Belic

Dusan has been using smartphones since their introduction and is now following the latest trends in the industry. The "convergence" is what he's most excited about, and writing about it is the next logical thing to do. He thinks that using a smartphone is what everyone who cares about their time should do. In addition to his interests in mobile phones, Dusan also loves to experiment with the latest web and mobile 2.0 services. The idea of accessing and managing your information from any device no matter where you are simply amazes him. Whether it's an online to-do list, note taking service or a video sharing social network, he's there to try it out. He admits though, he's still searching for the ultimate web-based organizational tool, which "sings" perfectly with the mobile PIM application. Dusan used to run SymbianWatch.com which later became part of IntoMobile. He lives in Serbia, South-East Europe, from where he edits the site on a daily basis.