TransferTo drives further expansion into Africa with new senior appointment
TransferTo, a leading Cross-Border Mobile Payments Network for emergingmarkets, has appointed Djibril Diallo as
VP Business Development to head operations across West and
Central Africa, as the company ramps up its activity across the Continent.
TransferTo’s global payments Network interlinks money transfer operators, mobile money operators, mobile
wallets providers, banks, financial institutions, NGOs and global e-commence merchants
to facilitate mobile-based money transfers to and from emerging markets – all
through one single API connection and one global compliance framework.
Across Africa, the company
currently interconnects close to 300m mobile money wallets and bank accounts,
and this year alone, TransferTo’s cross-border payments business in Africa has grown
11-fold, showing significant demand for safer, cheaper and faster digital
transfers across the Continent.
Djibril brings great expertise in
payment systems and mobile money across the region. He spent the last three years
heading up Mobile Financial Services operations for Tigo Cash, Millicom’s
operation in Senegal. Prior to that, he worked as a Senior IT Consultant and Business
Analyst at the World Food Programme focusing on global payment disbursements. Djibril
has also played a key part in rolling out payment systems, such as RTGS, in
various African Central Banks and primary banks.
In his new position at TransferTo,
Djibril is responsible for the strategic direction and growth
in the region, and to expand TransferTo’s payment solutions into new markets, including
Senegal, Ivory Coast, Ghana, Gabon and Cameroon.
to have joined TransferTo,” said Djibril Diallo. “We are at a
point today where mobile money and mobile banking is revolutionising payments
in Africa, and I am very proud to be a part of a company that is committed to providing
the best payment solutions for emerging markets, and helping connect Africa to
Nicolas Vonthron, EVP Payments for Africa & Europe at
TransferTo added, “Djibril
has such a unique insight into this market which makes him an invaluable
partner in a time when TransferTo is undergoing heightened investment across
Africa. Establishing robust operations in West and Central Africa ensures we
are well positioned to better serve our Network partners, allowing them to cater
for the growing demand of more efficient cross-border payments to and from the
Djibril will be based out of Dakar, Senegal.
This article was featured in Telecompaper, AllAfrica, IT News Africa, TechMoran and Mobile Money Africa.