Last week’s purchase by Visa of Cape Town-based mobile payments company Fundamo in a US$110m all-cash deal demonstrates clearly how the race is on to provide electronic financial services using cellphones, especially in emerging markets
Browsing: Visa
It’s a short, sharp, punchy show this week, with your hosts Duncan McLeod and Craig Wilson tackling everything from Steve Jobs to Telkom’s upcoming results. Highlights this week’s podcast include a look at Visa’s US$110m acquisition
Global payments giant Visa is buying Cape Town-based Fundamo, a mobile payments company focused on emerging markets, for $110m in cash. Fundamo is privately held by a group of SA investors, including Sanlam, Remgro and HBD Venture Capital
Imagine the next time you’re standing at a checkout point at the supermarket. Imagine paying for your groceries simply by bringing your mobile phone next to a payment terminal and having the money debited