Mobetize Company Market Research Report

Company Overview

Name and Mission

Name: Mobetize Corp.

Mission: To help transform credit unions into a banking marketplace super-app by providing solutions that fuel innovation and growth, enhancing digital channel offerings with personalized retail and business products and experiences.

Founding and Key People

CEO: Ajay Hans

VP of Engineering: Rodolfo Mulingbayan

VP of Operations: Peter Thornton

Chairman of the Board: Dr. Malek Ladki

Independent Director: Donald Duberstein

Chief Experience & Innovation Officer at G&F Financial Group: Nelson Sandhu

Headquarters

No specific information on the headquarters location is available.

Number of Employees

No information is available.

Revenue

No information is available.

What the Company is Known For

Mobetize is known for providing digital banking marketplace solutions that support credit unions in offering personalized and compliant financial services with enhanced omni-channel experiences.

Products

Overview of Products

1. Banking Marketplace

A platform that transforms financial institutions by offering an integrated and user-friendly marketplace for banking services.

2. smartOpen AOS (Account Origination System)

Enables financial institutions to automate customer onboarding processes, offering real-time ID verification, KYC compliance, and personalized banking experiences.

3. smartOpen LOS (Loan Origination System)

Provides digitized solutions for originating secured and unsecured loans, including efficiencies in processing and personal engagements.

4. smartRemit

A cross-border P2P payments solution that allows international money transfers via mobile devices.

5. smartWallet

A secure, PCI-compliant mobile wallet enabling digital transactions and services such as airtime or data top-ups.

6. smartFX

Offers a next-generation cross-border payments service for commercial clients.

7. smartCharge

Provides a global solution for cross-border airtime and data top-up payments.

Key Features of Products

Banking Integration: Facilitates integration with core banking systems to support demand accounts, savings, loans, and personalized financial products.

AI/ML Compliance: Incorporates AI/ML technology for KYC/AML compliance, optimization of member engagements, and fraud detection.

Omni-Channel Experiences: Enables consistent customer experiences across desktop, mobile, and tablet platforms.

International Payment Solutions: Offers international money transfer with integration to 180,000+ locations and bank connections worldwide.

Recent Developments

Recent Partnerships and Initiatives

June 2023: G&F Financial Group collaborated with Mobetize to offer seamless lending and account origination services, powered by the joint Doxim and Mobetize solution.

June 2023: Mobetize partnered with global providers to enable credit unions to offer digital gift cards through the smartOpen Banking Marketplace Platform.

June 2023: Partnered with NotaryPro to integrate online document notarization, simplifying compliance for credit union members.

Product Updates and Launches

smartOpen Banking Marketplace Enhancements: Introduced digital gift card capabilities for credit unions to improve member retention and create new revenue streams.

Integrated Online Notarization: Launched an online platform for the digital notarization of documents, enhancing the compliance options available to credit unions.

Additional Information

Company Achievements

Successfully established partnerships with leading financial institutions and technology firms, including Celero and Doxim, enhancing the range of digital solutions offered by Mobetize.

Recognized for eliminating friction in financial transactions, particularly in digital member experience and international remittance services.

Vision

Mobetize aspires to lead in the transformation of credit unions into comprehensive digital service platforms, enabling financial institutions to thrive in the evolving fintech landscape.

No additional commentary is provided as requested.