Roamware partners with Grameen for mobile money
Will develop a global mobile financial ecosystem to reach the unbanked.
June 23, 2009, Barcelona, Spain.
Barcelona, June 23, 2009 – Roamware Inc, the San Jose, CA based leader in global roaming and interoperability solutions today confirmed a strategic partnership to develop mobile money applications and services with Grameen Solutions.
Part of the Grameen group of enterprises - which also includes Grameen Bank, the world’s leading micro-finance institution - Grameen Solutions is the flagship technology company and specialises in helping partners to develop new and sustainable business solutions and services.
Announcing the partnership and the program to roll-out an ecosystem of new applications and services, Roamware CEO Bobby Srinivasan said: “Roamware’s global roaming and interoperability ecosystem spans over 375 network operators in 138 countries, reaching more than 1.8 billion mobile users. The opportunity to roll out mobile financial services across our ecosystem of installations in partnership with Grameen will help deliver consistent, safe and reliable solutions on a global basis.”
Mobile financial services constitute a fast emerging market and a key developmental tool in many emerging markets. Today, it is estimated that just over one billion people have access to traditionally structured banking services; meanwhile, the mobile market – with close to four billion users worldwide – can extend the reach of financial services to the “unbanked”.
Professor Muhammad Yunus, Founder of the Grameen Bank and Chairman of Grameen Solutions said: "Today, mobiles offer unparallel platform for delivering innovative services in developing countries. We hope partnership with Roamware will make positive impact in lives of people."
Kazi Islam, CEO of Grameen Solutions said: “This partnership will leverage our deep expertise and knowledge on challenges and solutions in developing countries and enhance lives of people by creating new and innovative services utilizing reach of mobile throughout the world.”
Roamware has a track record of pioneering solutions that solve interoperability issues across networks and enabling the seamless introduction of services across its roaming platform.
“The partnership with Grameen offers operators a best of breed approach,” said Srinivasan. “We will be able to quickly develop services using Grameen’s expertise, and deploy them using Roamware’s common platform. We aim to make it easy for operators to roll-out services that will deliver mobile financial services to billions of people for the very first time.”
About Roamware
About Roamware Inc
Roamware Inc. is the leading provider of voice and data roaming solutions that enhance the roaming experience for users in over 138 countries. Roamware’s product portfolio consists of over 30 solutions for voice and data roaming for mobile network operators using different technologies like GSM, 3G and CDMA. Roamware is the established thought leader in the space with several key patent wins and applications for breakthrough technology that has helped over 375 mobile operators establish, manage, optimize and enhance their roaming business.
For more information about Roamware, please visit
http://www.roamware.com
Roamware PR Contact:
Abraham Punnoose
VP – Marketing & Business Development
Email: abraham.punnoose@roamware.com
Phone: +919967927777
prdesk@roamware.com
About Grameen Solutions
Grameen Solutions Ltd. is the flagship technology company within the Grameen family of organizations founded by Dr. Muhammad Yunus, recipient of the 2006 Nobel Peace Prize. “Grameen Solutions” literally means Solutions for the Villages. GSL is continuously creating partnerships with industry leaders to innovate and create Business and Information and Technology solutions that are affordable and sustainable. GSL offers Business and Strategy Consulting, Software Development, Business and Technology Process Outsourcing.
For more information about Grameen Solutions, please visit
http://www.grameensolutions.com
Grameen Solutions PR Contact:
Media@grameensolutions.com
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