Tingo (OTCQB: IWBB) recently applied to list its shares for trading with the New York Stock Exchange (“NYSE”), forming part of efforts to broaden its appeal to U.S. and international investors. Although there are no guarantees that its listing application will be accepted, the company has reiterated its belief that it will satisfy the NYSE’s initial listing criteria. A recent article quotes Tingo CEO Dozy Mmobuosi as saying: “The NYSE is the main stock exchange in the United States and one that will raise our profile to the broader investment community. The bottom-up list will increase liquidity in our stocks and ultimately create shareholder value in line with our international peer groups.” A company whose business model is based around four core pillars — device as a service, mobile voice and data services, the Nwassa Marketplace Platform, and Tingo Pay — Tingo aims to be Africa’s leading agri-fintech company, focused on driving financial inclusion, social betterment and wealth creation within Africa’s agricultural sectors. “Tingo Inc. ranks amongst the rarest of companies — driving social change whilst simultaneously boosting shareholder returns.”
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Tingo is a digital service agri-fintech technology company focused on foundation-level agriculture and related financial services in Africa. The company aims to be Africa’s leading agri-fintech player, transforming rural farming communities to connect through its proprietary platform to meet their complete needs – from inputs and agronomy to off-take and marketplace – and deliver sustainable income in an impactful way. The company’s vision is to build complete digitally inclusive ecosystems that promote financial inclusion and deliver disruptive microfinance solutions, empower societies, produce social upliftment in rural communities and open international opportunities. Additional information about the company can be found at www.TingoInc.com.
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