Be-Bound: ethicPhone Wins Digital Africa Prize and Announces Partnership With Be-Bound to Create the First International Mobile Payment and Transfer Solution That Works without Internet

7 December 2017

Money Transfer

PARIS--(BUSINESS WIRE/AETOS Wire)-- Be-Bound and ethicPhone today announced a partnership to make international transfers available to everyone across the Ivory Coast. ethicPhone, awarded the Digital Africa prize, has developed a system for international mobile payments and transfers dedicated to African countries, and is integrating Be-Bound’s technology to expand their reach.

French startup Be-Bound, specializing in augmented connectivity for mobile services, has developed a solution that guarantees connectivity wherever there is a mobile network. For ethicPhone, this means that international transfers can be made instantly via their mobile app, even for users in the most rural areas. By integrating Be-Bound’s SDK, ethicPhone will be the first international mobile payment operator to enable Ivorians to receive international transfers anywhere across the country, including areas typically out of range, accessible even to users without bank accounts.

“PayPal and Western Union are both examples that prove the enormous need for an easy exchange of money internationally, and we know that ethicPhone can provide an even better service! Our decision to partner with Be-Bound will expand our market reach beyond anything these companies can offer.” - Mouhamed Diakite, Founder and CEO of ethicPhone

The ethicPhone app powered by Be-Bound’s augmented connectivity will first be launched in the Ivory Coast, with subsequent deployments across Africa.

Source: Press Release