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Cross posted from Intelworld

Intelworld one of the startups affiliated to Outbox have emerged innotribe semi finalists.

Innotribe is SWIFT’s fintech innovation initiative that brings together highly qualified financial services experts, angel investors, venture capitalists, and global fintech and financial decision makers.

"We are glad to announce that we are semifinalists in the innotribe start-up challenge 2015. We are 1 of 60 (14 from Africa) startups selected to pitch our products at the regional show cases to be held in Cape Town, New York, London and Singapore."

Intelworld is 1 of 14 African startups selected to pitch their products at the regional show case in Cape Town South Africa. Other 46 startups from other regions will showcase in London, New York and Singapore.

Upon successful completion of this stage, Intelworld will secure a place in the finals and show case their products at Sibos in Singapore.

Being chosen by innotribe validates Intelworld's business model of being the glue that will bring the bottom 2.5 billion people excluded from finance and commerce into the global digital economy.

About Intelworld

Intelworld is a technology company in the digital commerce and digital financial services space. They develop solutions that enable you and your business to transact using mobile devices like mobile phones, personal computers (PC) and Point of Sale (POS)

This article explains the cost of cash.

3 products

1. IP2 is a product for enterprises. By deploying this solution, businesses are able to quickly and easily start accepting mobile payments. This solution will integrate with their line of business (LOB) applications  and they can start to transact from several channels including phones, smartphones and Point of Sale and from many payment providers.  This product is ideal for banks, telcos, retailers, insurance companies or any other businesses that would like transact with their customers via mobile channels.  

1. Unified Payments is a product for developers. It’s very difficult for smaller businesses and innovators to navigate the landscape of getting contracts with payment providers as well as design for multiple devices. By utilizing this product , we hope that we help developer’s abstract away this complexity and they can concentrate on delivering the value of the their solution

1. AgencyIQ is a product for small retailers.  This product will enable smaller retailers to make extra revenue by transacting digital goods like Airtime, data, bill payments etc. By utilizing features like NFC and finger print readers on the point of sale, users will also be able to make purchases from retail points using funds in their mobile wallets (or banks)

Intelworld have been trusted by big brands like MTN and Airtel to deliver solutions for them.

"We are also currently doing work for startups like ALTX (ALTX will offer an electronic marketplace where securities and derivatives are traded, providing a reach for investors in Africa to securities in various locations worldwide and to African securities for investors outside Africa.)  and xente (xente is a solutions that enables customers to send money internationally using mobile phone starting with the United Kingdom to Uganda corridor) to bring their ideas to life."

"We hope to leverage this  opportunity with innotribe to get exposure to customers, investors , coaches , mentors and partners that will help us make our products better for our customers."