MVCommerce

MVCommerce

Banking and payment transactions thru mobile phones.

About MVCommerce

MVCommerce was founded in 2002 by veterans of US & regional banking and technology industries with the mission of helping reduce poverty through improved access to financial services.

MVCommerce enable Banks to break free from product paradigms and limitations of technology that are mostly derived from developed countries, and to securely and reliably make use of mobile networks to extend their service reach and create products to profitably serve various segments of the population base.

MVCommerce’s unique competitive advantage lies in its team’s deep domain expertise in banking & mobile transactions, world-proven technology platform and ready-made infrastructure connecting Banks, ATM network provider, mobile operators and merchants.

MVCommerce is profitable and ensures its high level of service standards, continuous technological refinements and capacity building through the strong financial backing from a private group that has investments in steel, food-processing, commodities and property developments.

Team

Funding

INVESTOR
STAGE
AMOUNT
DATE

Indonesia

Round: Acquisition
Round Size: Undisclosed
Date: Oct 2016