Mautinoa Technologies | Changing the Definition of Bankable

THE PROBLEM

World Bank estimates count the number of people with no access or very limited access to financial services in the world at about 1.5 to 3bn people. In conditions of poor infrastructure existing digital payment platforms fail. Setting up banking infrastructure in rural areas of countries with an impoverished population has been considered as unfeasible, hence up to 40% of the world's population are traditionally referred to as "unbankable". Until now.

NOW

As of 2019, no digital payment solution can securely handle conditions of intermittent network availability without incurring significant liability for financial institutions, or limitations to the user. Blockchain based solutions offer security and transparency but don't work when the network is down. Conventional credit and debit cards offer limited use for a limited number of uses but financial institutions need to cover significant risks from offline transactions. Mobile Money simply doesn't work at all when the mobile phone network isn't functioning or is heavily congested.

HOW

By utilising affordable smart cards for end users and cheap nfc-enabled smart phones as terminals, Mautinoa provides banking services that are affordable even for the poorest people on the planet. With our founders experience in disaster management and our combined experience of over a century in computer security and cryptography we have built a platform that is resilient to intermittent infrastructure failures. We blend the most useful ideas from the worlds of blockchain and secure design to produce a hybrid platform able to deliver cryptographically secure payments and ledgers, even in places that only have limited access to the internet.

Our Business Model

Mautinoa Technologies has a very simple business model aimed at ensuring local partners can build sustainable and rapidly scalable businesses. For those operating in truly frontier markets, we offer competitive licence fees based on network throughput, with low up front implementation cost enabling low costs for entrants to high risk markets. For more mature markets, a simple per end user licence fee ensures incumbents can easily integrate our technology and its unique capabilities with their existing platform portfolio with easy to comprehend cost implications.

Mautinoa Technologies provides an end to end, disaster resilient, secure, last mile digital payments solution.

"THE WORLD PREFERS CASHLESS PAYMENTS OVER PHYSICAL CURRENCY. THE DEVELOPING WORLD AND THOSE COUNTRIES FREQUENTLY AFFECTED BY CRISES, DISASTERS AND EMERGENCIES ARE CUT OUT OF THE ADVANTAGES OF GOING CASHLESS BECAUSE OF UNRELIABLE INFRASTRUCTURE. EVEN IN DEVELOPED COUNTRIES, PAYMENT INFRASTRUCTURE FAILURE CAN RESULT IN SEVERE DISRUPTION TO COMMERCE. MAUTINOA TECHNOLOGIES HAS DEVELOPED A SUITE OF TECHNOLOGIES DESIGNED TO MAKE RESILIENT DIGITAL FINANCE A REALITY, OPENING UP LAST MILE DELIVERY OF DIGITAL PAYMENTS AND FINANCIAL SERVICES TO THE ROUGHLY 3 BILLION PEOPLE ON EARTH WHO ARE FORCED TO DEAL IN AND HORDE CASH BECAUSE OF VULNERABILITY TO NATURAL DISASTER, POOR INFRASTRUCTURE AND OUTDATED PREDATORY BANKING PRACTICES. TOGETHER WITH OUR PARTNERS WE AIM NOT TO JUST BRING THE ADVANTAGES OF DIGITAL FINANCE TO COMMUNITIES BUT TO MAKE THEM GROW FASTER VIA EASING THE MOVEMENT OF MICRO-CAPITAL AND MORE RESILIENT IN THE FACE OF NATURAL DISASTERS VIA FEATURES THAT ALLOW GOVERNMENT AND NGOS TO RESPOND TO EMERGENCIES IN MUCH FASTER AND MORE COST EFFECTIVELY THAN EVER BEFORE WHILE PRESERVING THE DIGNITY AND ECONOMIES OF PEOPLE AFFECTED BY EVER MORE FREQUENT CRISIS"

- Emerson Tan, CEO of Mautinoa Technologies.