You are here
Home > TECH NEWS > Mobile money provider sets up shop in New Kingston

Mobile money provider sets up shop in New Kingston

A mobile money provider based in Dallas, Texas, has set up shop in Jamaica, staking claim in a remittance recipient market worth US$1.9-US$2 billion annually. Mozido Jamaica Limited will operate from office space leased from Lasco Financial Services in New Kingston. The company was incorporated in Jamaica on

  • Very good question Michele. We’re going to be watching this one very closely.

  • It is interesting that the company is registered as a “provider of electrical services”. Does this mean that its mobile money operations will not be subject to whatever regulatory controls that might govern financial and other associated institutions?

Top