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Tingo Inc. (OTCQB: IWBB) announces the development of the Integrated Micro, Small & Medium Enterprise (iMSME) portal in partnership with ITScope Consulting and the Nigerian government. This platform aims to enhance communication and support for SMEs, promoting economic growth in Nigeria. Features include an appointment scheduling system, a chatbot for customer service, and an e-Wallet for secure transactions. The initiative targets over 41 million businesses and aims to transform the informal sector, which constitutes 50% of Nigeria's GDP, into a structured ecosystem.
On December 14, 2021, Tingo International Holdings (OTC: IWBB) announced its strategic partnership with Cornucopias, focusing on enhancing the Nigerian economy through innovative gaming technology. Tingo, which serves 10 million customers, primarily in agriculture, aims to integrate Cornucopias' Play-to-Earn games into its ecosystem. This partnership aligns with CEO Charles Hoskinson's mission to empower communities in Africa. The gaming market in Nigeria is booming, with expected revenues of $126 million in 2023, indicating significant growth potential for both companies.
Tingo, Inc. (OTC: IWBB) has announced a partnership with Data Vault Holdings, Inc. to add 10 million users to its Datavault platform, focusing on data monetization in Africa's farming and finance sectors. This collaboration aims to empower users economically by allowing them to monetize their agricultural data through the cryptocurrency exchange CoinField. Tingo's dual platforms, Nwassa and TingoPay, will enhance financial inclusion and social upliftment in rural communities, aligning with UN Sustainable Development Goals. The partnership promises to revolutionize data accessibility for agricultural professionals.
Data Vault Holdings, Inc. has partnered with Tingo, Inc. to add 10 million users to its DatavaultⓇ platform, enhancing financial inclusion in Nigeria. This partnership aims to empower rural communities through data monetization, enabling users to earn from their data via CoinField's cryptocurrency exchange. Tingo, an Agri-Fintech leader in Africa, will leverage this partnership to provide essential services like a digital marketplace and mobile wallet, supporting the UN Sustainable Development Goals. This innovative collaboration seeks to transform agricultural data into economic opportunities for millions.
Tingo Inc. (IWBB) announced a collaboration with Cudos to empower over 9 million Nigerians through mobile monetization applications. The partnership aims to tackle the poverty premium, enabling users to earn income via their smartphones. This initiative follows the positive reception at the AIBC Malta event and includes Cudos’ listing on CoinField, enhancing liquidity for its CUDOS token. The venture promotes decentralized computing, with plans for expansion across Africa and South America, focusing on economic inclusion while minimizing ecological impact.
Tingo Inc. (IWBB) reported strong financial results for Q3 2021, highlighting significant growth in revenues from its NWASSA payments platform. Proforma revenues reached $177 million for the quarter and $317.5 million year-to-date, compared to $45 million and $574.7 million in the previous year. Operating income improved to $82 million for the quarter, up from $38.7 million in Q3 2020. The NWASSA platform's income rose to 38% of overall revenue, demonstrating strong business expansion despite challenges posed by COVID-19.
Tingo Mobile Plc (OTC: IWBB) announced a strategic partnership with Visa Inc. (NYSE: V) to enhance financial services in Nigeria and expand across Africa. The collaboration aims to drive digital payments and financial inclusion through Tingo's platforms, Nwassa and Tingo Pay, which cater to agricultural communities. Tingo has over 9 million subscribers and employs a workforce of over 4,000 women agents, promoting gender equality. The partnership also focuses on financial education to empower communities, aligning with Tingo's goal of being Africa's leading Agri-Fintech company.
Tingo Mobile Plc announces a partnership with Visa to enhance its financial services in Nigeria and pursue expansion across Africa. Tingo, an Agri-Fintech leader, aims to increase financial inclusion and support rural communities through its proprietary platforms, Nwassa and Tingo Pay. The collaboration will enable Tingo to issue Visa cards, improve digital payment adoption, and provide financial education resources. With 9.3 million subscribers as of December 2020, Tingo plans to grow its service reach while promoting gender equality and empowering women in agriculture.
Tingo, Inc. (IWBB) announced its application to list shares on the New York Stock Exchange (NYSE) following board approval on Oct. 18, 2021. The company's objective is to attract more U.S. and international investors, enhancing its profile. While Tingo believes it meets NYSE requirements, acceptance is not guaranteed. Tingo operates as an agri-fintech leader in Africa, focusing on social upliftment through a unique business model and aims to expand its reach, boasting over 9 million subscribers as of Dec. 31, 2020.
Tingo Inc (IWBB) has submitted an application to list its shares on the New York Stock Exchange (NYSE), aiming to enhance its profile and attract more investors. Following a unanimous board approval, Tingo believes it meets the NYSE's listing criteria. The company, a leader in agri-fintech in Africa, emphasizes its social impact and plans to expand its operations. Tingo's unique business model aims to promote financial inclusion and food security. CEO Dozy Mmobuosi highlights the uplisting as a key step for increasing shareholder value and liquidity.
