Tingo (OTC: TMNA) founder and CEO Dozy Mmobuosi has spearheaded the company’s growth from an upstart selling ringtones to mobile phone networks into a robust agri-fintech ecosystem, a cellular network catering to rural locations, a leading mobile payment application (TingoPay), a digital agri-marketplace branded Nwassa, and nearly 10 million users in Nigeria that undergird annual revenue of $860+ million. “The company is driven to provide technology solutions for rural farmers in Nigeria to allow them to compete and prosper in wider markets rather than be confined to local sales.…. Tingo is focused on providing rural farmers affordable mobile phones and financial services, including accounts, payments, lending, and insurance that can all be transacted on the Tingo mobile devices, as well as a marketplace to reach a bigger audience,” a recent article reads. “In doing so, Tingo addresses six of the United Nation’s 17 sustainable development goals, including the 1st and 2nd of no poverty and zero hunger. Tingo further provides a positive social impact by reducing inequities, supporting decent work and economic growth, gender equality, and sustainable communities…. Tingo is unrelenting in its mission to transform the African agriculture industry and, more broadly, improve the quality of life for the 1.2 billion Africans.”
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About Tingo International Holdings
Tingo is a unique agri-fintech company using smartphones to deliver a marketplace that enables 10 million subscribers to manage their commercial activities of growing and selling their products to market participants. The ecosystem provides a one-stop-shop solution to enable subscribers to manage everything from airtime top-ups, bill pay services for utilities and other service providers to access to insurance services and microfinance to support their value chain from seed to sale. Tingo has two innovative platforms: Nwassa, Africa’s first digital agriculture ecosystem, and Tingo Pay, a mobile payment gateway. Tingo International Holdings is a majority shareholder in Tingo Inc., which owns 100% of Tingo Mobile PLC in Nigeria. For more information, visit the company’s website at www.TingoInc.com.
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