M-Via’s Boom service debuted last year with the goal of restructuring the way people send money to their home countries. M-Via is now getting a big endorsement from mobile operator Digicel Group, which is leading a $17 million round in the newly renamed Boom Financial. Read more »
Boom, the mobile personal payment and banking service announced in May, is now open, bringing its low-cost mobile alternative to cash remittance services. The service, which targets unbanked workers who often send money home, is launching in the U.S., Mexico, Dominican Republic, Jamaica and Haiti. Read more »
Boom, a new mobile remittance service, aims to undercut existing money wire services like Western Union with a solution that is designed to be cheaper, more flexible and built with mobile users in mind. It’s tapping the huge market for unbanked consumers. Read more »
