Tingo Inc. IWBB Archives - Page 2 of 4

WednesdayNov 17, 2021 11:35 am

QualityStocksNewsBreaks – Tingo Inc. (IWBB) Partners with Cloud Computing Network to End Poverty Premium

Tingo (OTC: IWBB), a leading agri-fintech business in Africa, has announced that it will be working with Cudos, a decentralized cloud computing network, to tackle the poverty premium. The two companies plan to utilize mobile monetization applications to enable more than 9 million Nigerians to earn an income from their smartphones. The two companies announced their intentions at AIBC Malta, a global event unifying artificial intelligence, user interface, IoT and Quantum Tech, where thousands of policymakers and thought leaders gave the announcement a standing ovation. The companies anticipate initially reaching almost 10 million devices across the Tingo network, creating a distributed…

WednesdayNov 17, 2021 8:00 am

Tingo Inc. (IWBB) Poised to Unite Social and Financial Return; Aims to Transform Africa with Innovative Fintech and Agribusiness Solutions Using Smartphone Technology

Tingo is committed to becoming truly Pan-African Agri-Fintech company with a global reach Founded two decades ago, Tingo is Africa's market leader focused on agriculture and related financial services with over $600 million annual revenues and nearly 10 million users As a profitable company focused on making a positive impact on people in rural communities, Tingo aims to unite market growth potential with opportunities to contribute to a social change across Africa With a vision to empower societies and create social upliftment in rural African communities by building digitally inclusive ecosystems and promoting financial inclusion, Tingo (OTCQB: IWBB) is forging…

MondayNov 15, 2021 2:09 pm

QualityStocksNewsBreaks – Tingo Inc. (IWBB) Reports Q3 Results

Tingo (OTC: IWBB), a leading agri-fintech business in Africa, has released its unaudited financial results for the three and nine months ended September 30, 2021. Worth noting is that, on a proforma basis, IWBB’s wholly owned subsidiary, Tingo Mobile PLC, totaled revenues of $177 million and $317.5 million and operating income of $82 million and $170.2 million for the three and nine month periods, respectively. In addition, the report noted that as a percentage of overall revenue, income generated from Tingo’s NWASSA marketplace platform reached $56.5 million and $120.7 million for the three and nine months ended September 30, 2021; both figures…

WednesdayNov 10, 2021 10:30 am

Tingo Inc. (IWBB) Seeks to List Shares on NYSE; Seeks to Capitalize on Strong Investor Demand for Peer Companies

Tingo Inc has recently submitted its application to list its shares on the New York Stock Exchange The company has sought to increase overall liquidity in their shares and drive shareholder returns Peer companies operating within Tingo Inc’s business verticals have enjoyed outstanding returns this year, a testament to the growth in demand for sectors such as e-commerce marketplaces and fintech services Tingo (OTCQB: IWBB), a digital service agri-fintech technology company focused on foundation-level agriculture and related financial services in Africa, recently revealed that it has applied to list its shares for trading with the New York Stock Exchange (“NYSE”),…

MondayNov 08, 2021 10:07 am

Tingo Inc. (IWBB) Poised to Deliver Transformational Impact for Societies Throughout Africa; Partners with Visa to Expand Market Footprint Across the Continent

Tingo Mobile Plc, subsidiary of leading African agri-fintech, joins forces with Visa to enhance financial services offering and drive greater adoption on its platforms Two companies share vision of bringing empowerment through access to financial services; financial inclusion is key to reducing poverty Visa is expected to help enhance Tingo's presence in Nigeria and drive expansion across the African continent and beyond The leading agri-fintech in Africa, Tingo (OTCQB: IWBB) partners with Visa Inc., in an effort to augment its offerings across Nigerian financial services and expand its market reach across Africa—the second-largest continent by population (https://ibn.fm/exiGe). With its unique…

ThursdayNov 04, 2021 11:26 am

QualityStocksNewsBreaks – Tingo Inc. (IWBB), MELD Partnership Bringing Financial Freedom, Individualized Control to Masses

Tingo (OTCQB: IWBB) recently announced a partnership with MELD, a DeFi non-custodial banking protocol for secure lending and borrowing of crypto and fiat currencies, in a bid to bring the protocol to customers in Africa. “Working within the framework of the United Nations’ SDGs and Environmental, Social and Corporate Governance (‘ESG’) impact investing, Tingo aims to be part of the solution for the African continent in several key areas — including food security — through the promotion of female entrepreneurship, financial inclusion, poverty alleviation and zero hunger,” reads a recent article. “With this unique partnership, Tingo hopes to make its…

WednesdayOct 27, 2021 1:18 pm

QualityStocksNewsBreaks – Tingo Inc.’s (IWBB) Core Subsidiary Enters Strategic Partnership to Deepen Financial Services Across Africa and Beyond

Tingo’s (OTC: IWBB) core subsidiary, Tingo Mobile Plc, today announced its entry into an agreement with Visa Inc. (NYSE: V), the world leader in digital payments. According to the update, the move is designed to further deepen Tingo Mobile’s financial services in Nigeria and will support its ambitious expansion plans across Africa and beyond. Under the strategic partnership, the unique African agri-fintech company will be able to drive greater adoption and an increase in financial services offered, especially digital payments, on its platforms. Tingo operates two proprietary platforms: Nwassa, Tingo Mobile’s digital agri-marketplace platform that is better connecting African farmers…

TuesdayOct 26, 2021 3:00 pm

QualityStocksNewsBreaks – Tingo Inc. (IWBB) Uplifting Africa, Solving Several Key Areas of Concern

Tingo (OTCQB: IWBB), an agri-fintech company focused on foundation-level services in Africa, has sought to build a digitally inclusive ecosystem that promotes financial inclusion and delivers disruptive micro-finance solutions, empowers societies and produces social upliftment in rural communities. In Nigeria, farming accounts for over 20% of the country’s economy, yet most of the nation’s farmers live well below the poverty line due to the mechanics of the regional agricultural economy. A recent article reads, “Tingo has centered their business model around four core business pillars, namely — mobile phone leasing, mobile voice and data services, the Nwassa Marketplace Platform, and…

TuesdayOct 19, 2021 9:56 am

QualityStocksNewsBreaks – Tingo Inc. (IWBB) Submits Application to List on New York Stock Exchange

Tingo (OTC: IWBB), a leading agri-fintech business in Africa, has announced that, after unanimous approval at its Oct. 18, 2021, board meeting, the company has applied to list its shares for trading with the New York Stock Exchange (“NYSE”). The application is part of the company’s strategic plan to become more available to U.S. and international investors. The company, which is committed to making a positive impact through its unique communities-based business model, has met all required listing criteria. Listing on the NYSE should enhance the company’s brand and strengthen the company’s ability to offer a unique investing opportunity that allows investors…

MondayOct 18, 2021 1:52 pm

QualityStocksNewsBreaks – Tingo Inc. (IWBB) Submits NYSE Listing Application

Tingo (OTC: IWBB), a unique agri-fintech company, today announced that it has submitted an application to list its shares for trading with the New York Stock Exchange (“NYSE”). According to the update, the application to the NYSE is part of Tingo’s efforts to broaden its appeal to U.S. and international investors. Tingo submitted the application following unanimous approval by the company’s board of directors on Oct. 18. Although there are no guarantees of acceptance, the company believes that it will satisfy the NYSE’s initial listing criteria. “I have dedicated the past 20 years, leading Tingo to become a highly profitable…

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