Tag Archives: international mobile top up

A J Hanna, Chief Mobile Financial Service Officer for Veon Group Joins the Board of Prepay Nation

Prepay Nation is proud to announce Mr. A J Hanna as their new Chairman of the Board. Mr. Hanna is an innovator and pioneer in mobile financial services and digital payments with global hands-on experience and expertise across the financial services and telecom industries.

Berwyn, PA – USA, July 23rd, 2019 — Prepay Nation is proud to announce Mr. A J Hanna as their new Chairman of the Board. Mr. Hanna is an innovator and pioneer in mobile financial services and digital payments with global hands-on experience and expertise across the financial services and telecom industries. Mr. Hanna held key positions at American Express, Western Union, First Data, Millicom and VEON over the past several years and has a proven track record in seizing new opportunities, developing new products and delivering strong financial and operational results. Mr. Hanna is an active Board member, adviser and investor in several start-ups that are reinventing financial services across the globe. Mr. Hanna’s appointment to the board is expected to help Prepay Nation in creating new business opportunities for growth by exploring new products and leveraging its unmatched network connectivity and partnerships, which has been built over the years.

“We are thrilled to have Mr. Hanna on board. We value his broad range of experience in the mobile financial services market and we look forward to working with him to identify and capitalize on unique opportunities to grow Prepay Nation and reach our full potential,” said Ajay Vikas Goyal, co-founder of Prepay Nation.

Mr. Hanna also has high hopes for Prepay Nation’s future. “With a vast network of mobile carriers in more than 120 countries, an expanding number of retail outlets around the world, and an API that allows the Prepay Nation platform to connect to any provider system, point of sale, app, kiosk or website, Prepay Nation is already a leading platform for processing cross border mobile airtime and data,” said Mr. Hanna. “I am looking forward to utilizing their distinctive business model, highly scalable processing platform, and connectivity with digital service providers and mobile operators to build even more of the right products and relationships to generate exponential growth.”

Radboud Vlaar, Partner at Finch Capital, is also excited about Mr. Hanna joining the team. “Mr. Hanna’s valuable experience in the mobile financial services industry will help them expand their reach across borders more easily and efficiently than ever…” says Vlaar

About Prepay Nation:
With more than 500 mobile operator partnerships in Central America, South America, the Caribbean, Asia, and Africa and a varied distribution channel spanning over 250,000 locations in the US, Canada, Europe and the Middle East, Prepay Nation is a rapidly growing company that facilitates the purchase of wireless airtime and data across international borders. Prepay Nation provides an efficient flexible, market-leading platform that helps its partners increase customer base and revenues. Prepay Nation is owned by MTI group of companies which is funded by its founders and Finch Capital, an investment firm based in Europe and focused on investments in fintech.

Press & Media Contact:
Lucas Brasil
Prepay Nation
1055 Westlakes Drive, Suite 300
Berwyn, PA 19312 – USA
+1 (866) 970-7467


Prepay Nation Wins Award For Innovative Business Model At Women 2.0 Conference

Award recognizes Prepay Nation’s impressive established network of key relationships and revolutionary approach to international micropayments.

San Francisco, CA, November 17, 2010 — Prepay Nation, one of the foremost providers of instant account refills for foreign prepaid mobile operators, ( http://www.prepaynation.com ) was recognized at the 2010 Women 2.0 Pitch Night event for its innovative business model. The fast-growth company presented its platform and operations to an audience of entrepreneurs, investors, and industry-leaders, showcasing the groundbreaking potential usage of their platform to send small currency denominations, or micropayments, across international boundaries without bank accounts or fees. The award recognizes Prepay Nation’s role as market innovator and premier provider in the up-and-coming cross-border micropayment service industry.

The annual Women 2.0 Pitch Night competition drew 130 qualified applicants this year, with contenders from New Zealand, Turkey, Korea, Germany, Canada, Russia, Israel, Brazil, the U.K. and the U.S. Each participant business model was evaluated by investors, with a select few finalists invited for the live pitch night at the Women 2.0 conference in San Francisco.

The conference is attended by industry-leaders, entrepreneurs, angel investors, and venture capitalists, and focuses on the growth and impact of women-owned businesses in the Mobile, Web, and Clean-tech industries. Pitch Night presentations from the Mobile track in which Prepay Nation was a finalist were judged by executives from ATT, Mayfield Fund and General Catalyst.

Prepay Nation ( http://www.prepaynation.com ) generated significant buzz throughout the conference, not only because their nearly zero-overhead platform allows seamless interface between mobile carriers and the retailers who sell refills to their subscribers, but also because that platform has the potential to break new ground as an international micropayment remittance system.

Currently, Prepay Nation’s platform ( http://www.prepaynation.com ) is utilized by leading mobile operators in Latin America, Africa, the Middle East, and Asia to provide consumers in the United States with the ability to send instantaneous refills of mobile airtime to the phones of prepaid subscribers on their international networks. Expatriates traveling, living, and working within the United States can take advantage of this system to provide much-needed support to friends and family back home, in the form of mobile airtime. However, by tapping into “mobile money” ecosystems in the developing world, the Prepay Nation platform and network of operators and distributors can be used by expatriates without a bank account to send small amounts of actual currency to their friends and family back home, instantly and without fees.

By bypassing the hassles and cost of traditional money remittance systems such as Western Union, Prepay Nation ( http://www.prepaynation.com )addresses a critical pain-point in the immigrant community. Not only can expats now support their friends and family by remotely and instantly refilling their mobile phones with minutes, but using the connectivity established by Prepay Nation, they will soon be able to send spendable currency for use in the many developing regions where the mobile money system is established and accepted.

“This is very promising,” said Gautam Gupta of General Catalyst Partners. “Prepay Nation leverages several current trends in the mobile ecosystem with this remittance service, and they are moving fast.”

The potential for such a simple, instantaneous, zero-fee remittance service ranges from the support of friends and family in other countries, to gifts and critical connectivity and disaster relief. “During the recent earthquake in Haiti,” says Jessica Bishop, co-founder of Prepay Nation, “significant numbers of Haitians in the U.S. sent mobile refills to their friends and family back home, keeping them connected throughout the aftermath. Because of our relationships with these international operators, the disruption of the retail infrastructure in the recipient’s country did not affect replenishments. Haitians in the US simply took cash to one of our partner retailers here, and their loved ones in Haiti had minutes available on their phones instantly.”

Shaherose Charania, founder and chief executive of Women 2.0, praised Prepay Nation for moving to leverage their technology in novel and savvy ways. “Rather than reinventing the wheel, they’re using a top up approach that helps people transfer value to each other, or deliver micro-payments without the expenses and complexities of a wire transfer or money order,” she said.

Bishop said that the response and interest from the investment community present at the event was overwhelming and was a further validation of Prepay Nation’s innovative approach to international micropayments.

She also stressed that beyond their model and technology, their extensive reach added significant value. “We currently operate a fully-functional processing platform, interconnected with several key mobile operators in Mexico, Latin America, Asia and Africa,” said Bishop. “Our distribution cuts across a wide variety of channels – retail merchant outlets, online portals, mobile apps for smart phones, mobile money companies, even processors of gift cards.”

With mobile operator connectivity on four continents and distribution channels already connected to the Prepay Nation platform and more joining on every day, the fast growth of this company promises to be even faster.

About Prepay Nation:
Prepay Nation is a fast growth company in the business of enabling micropayments from one person to another across international borders. Prepay Nation utilizes the prepaid mobile ecosystem to transfer values in the form of international airtime remittance. With mobile operator partnerships in Central America, South America, Caribbean, Asia, and Africa, and a varied distribution channel spanning the US, Canada, and Middle East, Prepay Nation offers its innovative services to expatriates who financially support their loved ones back home. Prepay Nation’s unique business model, highly scalable processing platform, and interconnectivity with mobile operators, allows for instantaneous and no-fee transfers for the consumers and an opportunity to generate significant revenues for the distributors. For more information please visit http://www.prepaynation.com.

Press & Media Contact:
Fady Sahhar / Sarah Feidt
XtraGlobex, Inc.
1800 John F. Kennedy Blvd. Suite 300
Philadelphia, PA 19103
fady.sahhar@xtraglobex.com / sarah.feidt@xtraglobex.com