The battle for remittance is on! expect many M&A in the next 6-12 months as big giants with installed base want to cross sell on their customers
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Generating revenues from mobile money is 'not very difficult' French telco says. It is not difficult to make money from mobile financial services in the Middle East and Africa, Orange said this week, adding that it plans to extend certain offers to Western Europe, including a launch in France next year. From 2016 customers in the telco's home market will be able to transfer sums of money to friends and family in the Middle East and Africa via Orange Money, Ramon Fernandez, deputy CEO at Orange, told journalists at a an event in London on Thursday. "It's going to be a revolution," he said.
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