Tingo Group, Inc
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Formerly | Tingo Inc |
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| Traded as | NASDAQ: TIO |
| ISIN | 🆔 |
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| 🌐 Website | [Lua error in Module:WikidataIB at line 665: attempt to index field 'wikibase' (a nil value). ] |
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Tingo Group, Inc. (formerly Tingo Inc) is a publicly traded diversified fintech and Agri-fintech conglomerate with operations in Africa, Southeast Asia, and the Middle East.[1] In 2022, MICT a global Fintech and Agri-Fintech group acquired 100% of Tingo Mobile Limited and Tingo Foods PLC.[2] Subsequently, on February 27th, 2023 the company changed its name to Tingo Group, Inc.[3][4]
History[edit]
Tingo Group, Inc formerly Tingo Inc was founded in 2002 by Dozy Mmobuosi. It is traded as a public company on NASDAQ with the ticker symbol TIO.[5][6] In 2001, Dozy Mmobuosi launched Tingo Mobile, an Agri-Fintech company which provides financial solutions for users in the Agricultural sector.[7][8] In October 2018, Tingo International announced that it had shutdown its manufacturing plant in Nigeria and relocating to China.[9] In early 2020, the company unveiled Reno Omokri as its brand ambassador.[10]
Tingo Foods[edit]
Tingo Foods is a food processing company that processes crops into finished products from its large farming member base, contributing to food security and reducing wastage.[11]
Tingo DMCC[edit]
Tingo DMCC operates a commodities trading platform and commodity export business, connecting farmers and buyers around the world to facilitate fair trade and market access.[12]
TingoPay Super-App[edit]
In partnership with Visa, TingoPay Super-App provides payment services, e-wallet, and a range of services to its customers, as well as merchant services to businesses across various sectors.[13]
MICT Insurance and Financial Services Fintech Verticals[edit]
MICT insurance and financial services fintech verticals currently focus on Southeast Asia, offering a range of innovative solutions to address the needs of the region.
References[edit]
- ↑ Parkin, Darren (2023-02-27). "Tingo and EVTEC Energy sign partnership agreement that will create more than 12,000 jobs". CityAM. Retrieved 2023-05-07.
- ↑ Parkin, Darren (2023-04-06). "Tingo Group reveals impressive 2022 financial results". CityAM. Retrieved 2023-05-07.
- ↑ Editor, Manshi Mamtora, CFA, SA News (2023-02-24). "MICT will now trade as Tingo Group | Seeking Alpha". seekingalpha.com. Retrieved 2023-05-07.
- ↑ Reporter, Staff (2022-11-11). "Tingo Mobile launches trade deal for major cocoa farmers in Ghana". Farmers Review Africa. Retrieved 2023-05-12.
- ↑ "Analysts Are Optimistic We'll See A Profit From Tingo Group, Inc. (NASDAQ:TIO)". simplywall.st. Retrieved 2023-05-07.
- ↑ Lewis, Zayn Nabbi,Darren (2023-02-09). "Nigerian tech entrepreneur has Sheffield United in his sights". CNN. Retrieved 2023-05-07.
- ↑ Parkin, Darren (2023-04-06). "Tingo Group reveals impressive 2022 financial results". CityAM. Retrieved 2023-08-18.
- ↑ Writer, Verdict Staff (2023-02-15). "Visa, Tingo Mobile team up to boost digital payment access in Africa". Electronic Payments International. Retrieved 2023-08-18.
- ↑ "FOREX: Tingo International Shuts Nigerian Plants Relocates to China - THISDAYLIVE". www.thisdaylive.com. Retrieved 2023-08-18.
- ↑ "Tingo Mobile Unveils Reno Omokri as Brand Ambassador - THISDAYLIVE". www.thisdaylive.com. Retrieved 2023-08-18.
- ↑ Takouleu, Jean Marie (2023-02-28). "NIGERIA: Evtec to install a 110 MWp solar power plant for Tingo Foods in the Delta". Afrik 21. Retrieved 2023-05-07.
- ↑ "Micronet Enertec Technologies Inc.: MICT Announces Rebranding and Name Change to Tingo Group, Inc - Form 8-K - MoneyController (ID 1169933)". www.moneycontroller.co.uk. Retrieved 2023-05-07.
- ↑ PYMNTS (2023-02-14). "Visa and Tingo Debut Super App for Africa's Farmers". www.pymnts.com. Retrieved 2023-05-07.
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