Mines logo — Delivering seamless mobile-money services to banks in emergi...

Mines

Delivering seamless mobile-money services to banks in emerging markets with advanced AI and cloud technology integration.

Founded 2014 Series B Total: $37.17M Finance, Financial Services +2

General Information

Company Name Mines
Founded Year 2014
Industries Finance, Financial Services, Mobile +1
Funding Stage Series B
Social

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About Mines

Mines, founded in 2014, aims to deliver seamless mobile-money services to banks in emerging markets through advanced AI and cloud technology integration. The company provides a mobile-money-as-a-service platform to bridge the consumer financial services gap in emerging markets by collaborating with mobile carriers and financial switches. Its technology stack, centered on artificial intelligence, cloud, and mobile technologies, offers banks a comprehensive solution for the mobile consumer. Mines secured a noteworthy $20.00M Series B investment on 03 December 2019, with notable contributors including Cathay Innovation, Velocity Capital Fintech Ventures, The Rise Fund, and Valor Capital Group. This investment signals confidence in the company's vision and underscores its potential for growth and impact in the finance, financial services, mobile, and payments sectors.

Taxonomy: mobile-money, emerging markets, AI integration, cloud technology, mobile carriers, financial switches, technology stack, mobile technologies, consumer finance, banking solutions, mobile-money-as-a-service, partnerships

Funding Rounds & Investors (7)

View All
Funding Stage Amount Investors Lead Investors Date
Series B $20.00M 4
Cathay Innovation, Velocity Capital Fintech Ventures +2
03 Dec 2019
Series A $13.00M 4
The Rise Fund, Western Technology Investment +2
10 Aug 2018
Venture Round Undisclosed 1
Persistent
01 Jan 2018
Seed Round Undisclosed 1
Ventures Platform
30 Nov 2017
Debt Financing $1.00M 1
Western Technology Investment
01 Apr 2017
Seed Round $2.24M 4
FinTech Collective, GreenHouse Capital +2
13 Jan 2016
Seed Round $938.00K 2
XSeed Capital, Hard Yaka
10 Apr 2014

Mines Alternatives & Competitors

Mines vs
Oriente
Oriente Hong Kong S.a.r.

We unlock economic potential for consumers and merchants in emerging Asia by powering mobile credit...

Series B
246 employees
Finance, Financial Services
Mines vs

Transforming finance through digital banking, streamlined payments & automated reconciliation

15 employees
Financial Services, Fintech
Mines vs
PayQin
PayQin United Kingdom

Making online payment simple for emerging countries.

Series A
16 employees
E-Commerce, Financial Services

FAQ About Mines

Delivering seamless mobile-money services to banks in emerging markets with advanced AI and cloud technology integration.
Mines was founded in 2014.
Mines operates in Finance, Financial Services, Mobile and Payments. Its work centres on mobile-money, emerging markets, AI integration and cloud technology.
Mines has completed 7 funding rounds, raising a total of $37.17M. The latest funding stage is Series B.
Top alternatives and competitors to Mines include Oriente, Teknospire, PayQin, Joe (YC W22), Mukuru. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Mines and Oriente are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Mines, https://bouncewatch.com/company/mines, updated 26 December 2024. When citing, please name BounceWatch and link this page.

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