Privity Partner Boloro featured in Nilson Report 1/17

Boloro – a Privity portfolio company – features in the January 2017 edition of The Nilson Report– the most respected source of news and analysis of the global card and mobile payment industries.

 

“Innovate for Refugees” award winners announced in Amman

AMMAN — Winners were announced on Tuesday in the “Innovate for Refugees” competition, honouring entrepreneurs with inventive ideas to address challenges facing refugees.

A team from the US, “Change: Water Labs” and Moroccan team Evaptainers each won a $20,000 prize in the category for best technological solution, organisers announced at a ceremony held under the patronage of Her Majesty Queen Rania.

Minister of Municipal Affairs Walid Masri deputised for Her Majesty at the ceremony.

The Evaptainers designed “mobile and modular evaporative coolers that are ideal for low-income, off-grid areas and that can triple or quadruple the shelf-life of most produce”, according to the competition’s website.

The “Change: Water Labs” project consists of a “revolutionary evaporative toilet that is low-cost, compact, stand-alone solution for off-grid and informal dwellings and which rapidly ‘flushes’ away 85-90 per cent of daily household sewage volumes”.

The NaTakallam project from the US, a platform connecting Syrian refugees with Arabic learners around the world to make money while teaching Arabic, also won a $20,000 prize.

The LEDlife team from Switzerland won a $20,000 prize for their project to teach refugees how to use renewable energy technologies.

The Open Embassy project from the Netherlands won a $30,000 prize, while Recycle Beirut and Boloro and BanQ projects won $20,000 each.

Open Embassy is “an online helpdesk that enables… refugees with a permit to ask questions about their integration process”. From their answers, the project “develops an FAQ and a smart wiki and shares the lessons learnt with the key stakeholders”.

Boloro and BanQ “brings financial inclusion and economic opportunity solutions for refugees”, according to the contest’s organisers.

Former Grameenphone Director Joins Boloro Global Limited

NEW YORK, May 18, 2016 /PRNewswire/ — Boloro Global is pleased to announce that Delwar H Azad, a mobile financial services pioneer and executive with over 25 years of mobile financial services, telecom, and operations experience has joined the management team as Executive Vice President Strategy, Product & Solutions.

“Azad brings a wealth of global experience in Mobile Money, Payment Transactions & Mobile Technology,” says Ann Camarillo, CEO & President Boloro Global. “His dynamic and innovative approach will be a great addition.”

Most recently, Azad served as a Director in Grameenphone, a major Telenor subsidiary and the leading telecom service provider in Bangladesh with 56 million subscribers. While at Grameenphone, he held several critical positions including Head of Financial Services for payment and transactional services, Head of New Initiatives responsible for all non-voice services and strategic projects, and Head of IS/IT Architecture, Business Process & Governance looking after IS/IT investments.

“Azad is an industry leader within Financial Services and was responsible for taking the first bill payment services by a mobile operator to the market. Within the Telenor Group he is considered one of the leading authorities on mobile financial services for the unbanked,” said Petter-Borre Furberg, CEO Telenor Myanmar. “Being responsible for the Telenor group initiatives on Financial Services I had the pleasure of both working with and learning from Azad.”

Azad also served on the Board of Directors of Tameer Micro-Finance Bank in Pakistan to assist in the launch of the innovative Easypaisa Branchless Banking initiative.

“I am delighted to be a part of Boloro, a truly next generation mobile payments network,” said Azad. “Boloro’s patented process, true interoperability and multiple applications will boost commerce, digital money growth and accelerate financial inclusion worldwide.”

Prior to Grameenphone, Azad was General Manager at Square, the largest conglomerate in Bangladesh with diversified businesses, where he led the group’s ICT transformation and the launch of first of its kind satellite based communication business in the country. Azad has also worked as the Head of ICT in a leading manufacturing company to lead the complete automation of manufacturing to administration including capturing machine data.

Azad has an Engineering degree and an Executive MBA with a Leadership Diploma from Stockholm School of Economics.

About Boloro Global Limited:

Boloro is a next-generation global payments network that offers consumers the ability to securely pay for goods and services using any kind of mobile phone and account. Boloro replaces cash and offers financial services to the many unbanked in emerging markets thus accelerating financial inclusion and access. Boloro delivers financial dignity to the population at large.

Headquartered in New York City, Boloro operates in South Asia, Middle East and Africa and soon entering Latin America, Caribbean and East Asia. For more information, visit www.boloro.com.

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Ann Camarillo to Join Loyyal’s Board of Directors

NEW YORK, NY, May 20, 2016 – (ACN Newswire) – Loyyal Corporation today announced that Ann Camarillo, President and CEO of Boloro Global Ltd. and former CEO of Maestro and Cirrus (MasterCard), has been elected to Loyyal’s Board of Directors.

Over the course of a 20-year career at MasterCard Worldwide, Ann held various leadership positions in the United States and globally, responsible for the financial contribution of all products and services and for creating and implementing next generation revenue streams.

Ann also served as Global CEO of Maestro International and Cirrus, the largest global debit card POS and ATM networks. She created the Debit Centre of Excellence and managed the Global Debit Advisory Board with responsibility for all debit and prepaid strategy, policies, financial performance and investments.

Ann is now CEO and President of Boloro, a mobile payments processing network, facilitating fast, secure and consumer-friendly payment acceptance for online/eCommerce, in-store retail, mass-transportation, government bill payments and remittances.

“Ann is a pioneer in the financial industry, with a formidable track record, and we are excited to welcome her to Loyyal’s Board of Directors,” said Greg Simon, CEO & Co-Founder Loyyal. “We believe her strong payment network experience at global leader MasterCard will be extremely valuable as Loyyal expands around the world.”

“I am delighted to join Loyyal’s Board of Directors. Loyyal has hit the ground running. Already post-revenue, Loyyal has signed coveted brand names and is launching enhanced loyalty and reward programs with compelling features such as instant redemption and interoperability,” said Ann Camarillo. “Blockchain has powerful utility as next generation technology, and Loyyal is laser-sharp in its focus to differentiate and deliver new value in the rewards industry. They have the potential to be the underlying interoperable rewards industry network, and I look forward to helping get them there.”

Sean Dennis, COO & Co-Founder Loyyal, adds “Ann has been a close friend and supporter of Loyyal since we met, and has already been an incredible help with strategy and introductions to date. Her appointment to Loyyal’s Board of Directors only further strengthens our relationship going forward, and we are honoured to have such an outstanding individual on the Board.”

Source

 

Boloro and Loyyal are both Privity portfolio companies.

 

Privity Partner Boloro presented at the World Economic Forum in Kigali, Rwanda

Yesterday, Boloro’s partners spent 3 hours presenting at the World Economic Forum on
Africa in Kigali, Rwanda. 3 hours! The conversation was all about how
Boloro, their partners and Launching Financial Inclusion in South Africa
Townships and beyond.

Please find the press release in connection with this announcement here:                                                                                                                                                               https://www.acnnewswire.com/press-release/english/29973/’ground-breaking’-mobile-payments-ecosystem-to-boost-financial-inclusion-in-south-africa

Boloro Selects Ribbit.me Blockchain Loyalty Solutions for its International Mobile Payments Network

NEW YORK, NY, Dec 21, 2015 – (ACN Newswire) – Boloro, the international mobile payments processing network with expanding operations across 15 countries by the end of 2016, has announced their selection of Ribbit.me‘s universal blockchain-based loyalty industry platform to provide their merchant partners with a loyalty solution.

Boloro will integrate the Ribbit.me loyalty platform, including LoyaltyNetwork(TM) and SmartRewards(TM) blockchain and smart contract technologies, into its own product offering, effectively becoming a rewards program provider to its own merchant network.

Boloro, with Ribbit.me technology, will now be able to allow all participating merchants the ability to offer their own branded rewards programs. This will give Boloro’s network of current and future merchants a significant competitive advantage, both in terms of customer loyalty and in marketing across the Boloro and broader Ribbit.me networks worldwide.

“We wanted a way to further differentiate ourselves as we enter new markets while at the same time help merchants in our network improve their revenues and customer loyalty. Adding Ribbit.me‘s revolutionary loyalty element to our mobile payments offering is the perfect fit,” said Ann Camarillo, Boloro President & CEO.

Ribbit.me‘s loyalty platform will allow Boloro to offer something that no one else currently can. Any merchant in their network can independently operate their own branded loyalty program and create dynamic redemption networks with each other at a fraction of the current cost,” said Greg  Simon, Ribbit.me Co-Founder & CEO.

About Boloro

Boloro is an international payments processing branded network that facilitates fast, secure and consumer-friendly payment acceptance for online/e-commerce, in-store retail, mass-transportation and government bill payments and remittances. Consumers are able to authorize payments using basic or smartphone without any application to download and can debit any account offered by issuers connected to the Boloro network. Boloro is presently operating across markets in South Asia, Middle East and Africa with additional markets preparing to launch in these regions as well as in Latin American & Caribbean and East Asia.

Boloro is owned and operated by Boloro Global Limited, incorporated in Delaware with headquarters in New York, USA. For more information, visit www.boloro.com.

About Ribbit.me

Ribbit.me provides a universal loyalty industry platform using distributed ledger (blockchain) technology. Ribbit.me‘s patent pending LoyaltyNetwork(TM) and SmartRewards(TM) technologies allow program operators to create and operate complex multi-agent redemption networks in a virtually frictionless environment, more actively and effectively manage total program liability, and offer dynamic and customized issuance and redemption options.

Ribbit.me is incorporated in Delaware with headquarters in New York, USA. Follow us on Facebook (facebook.com/Ribbit.me) and Twitter (@RibbitRewards), or visit at www.ribbit.me.

Media Contact:

Sean Dennis
Ribbit.me Co-Founder & COO
+1.305.432.2021
sean@ribbit.me