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Hannes van Rensburg is the CEO and Founder of Fundamo, the leading supplier of technology for mobile banking and payment deployments. With clients on four continents and offices in Cape Town and Singapore, Fundamo technology runs millions of transactions each month. He is the author of a widely read blog on mobile banking and an active participant in mobile banking conferences. Having launched the first mobile banking solution in 1999, Hannes is often seen as the pioneer of mobile banking. Before Fundamo, he held executive positions in large financial services companies, as well as being a co-founder of a very successful technology start-up company. He consulted at some of Africa’s largest corporations (including Banks, Telcoโs and Retailers).
Changing the way we use money is one of the most promising and innovative ways that mobile technology is changing lives around the world. Mobile money is already being used by banks and mobile network operators to provide millions of unbanked consumers a way to store and access money digitally. For millions of consumers in developing countries, mobile money is transforming lives by providing access to financial services and the ability to pay and be paid electronicallyโsometimes for the first time in their lives.
Africa is changing for the better. In the past decade, Africaโs growth rates have quietly been approaching those of Asia. Last year, according to estimates from the International Monetary Fund, seven African countries appeared on the list of the worldโs 10 fastest-growing economies, each with annual growth rates of 8% or more. Democracy is becoming firmly entrenched, with all but a few of the continent's 1 billion people expected to vote in this yearโs democratic elections.