Mobihive is a boutique Value added services company offering unique products and services for telecom service providers and their customers. Our key strength lies in our ability to combine telecoms, banking, mirco-financing and insurance platforms and come up with innovative products and solutions for the customers. Given our indepth knowledge and understanding of telecoms platforms and customer needs, we are able to combine Business Intelligence with Credit rating and Decisioning systems to obtain unique insights into customer needs. This helps us to develop unique path breaking products.
Some of our key products are Emergency Airtime Credit Advance, Smart Phones financing program, Mobile Insurance, etc. These products helps the operator to attain additional high value customers, grow revenue and profitability. As a Value Added Service provider, we pride ourselves in our resolve to continually guarantee growth in revenues and ARPU through our products and services.
Our Director, Bayo Oluwadairo, on the platform of our partner Company, Equinox Resources UK Limited, was instrumental to the growth of the Emergency Airtime Credit Service in Africa. The product has been launched in several African countries with daily lending in excess of US$1 million. The service has also precipitated into and average ARPU uplift of between ten to fifteen percent across all the networks.
With its other exciting bouquet of products, Mobihive was established to push the mobile micro-lending service to a new level in the developing world and emerging markets of Asia and Africa. The company has entered into strategic partnerships with financial services and technology companies to bring its new products to the market in 2014.
We also backed by consortium of international financial partners to the tune of USD 30 million to back the projects in different geographies.
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