Rancard Solutions Limited (Rancard) said that its world class innovative technology will  provide multiple payment options to bank customers.

The Co-founder and Chief Executive Officer of the company, Mr. Kofi Dadzie, said this at a press conference in Lagos. He said Rancard is a leading provider of cloud based software for mobile content discovery and delivery, focused on Africa.

He said among other things, the company offers a platform that enables mobile phone users to access the various mobile money services offered by the licenced mobile money operators in the country. He said this means the customers would not need to connect to each operator to be able to enjoy multiple services.

He said Rancard was in 2001, and has over the years established itself as a trusted provider of cloud-based mobile software and services, with growing clientale global companies including major mobile operators in various African countries.

He said that as voice-based average revenue per user declines, mobile operators are increasingly using Rancard’s content discovery platform to profitably increase data revenues by delivering targeted content to their subscribers.

Dadzie said the company’s  world class innovative technology which is in use in several countries of the world are making desired impact, adding  that it has entered into strategic partnership with mobile operators and helping them to develop contents in merchandizing.

Explaining the mission of the company,  Co-founder and Chief Product Officer, Mr. Ehizogie Binitie, said we want to connect the world’s leading brands to relevant mobile audiences at the minimum cost per subscriber acquisition, stating that their products developed in Africa are built for the world.

“We set out to create a world class technology company in Africa which would solve relevant problems of scale for businesses across the continent and beyond. We are focused on helping companies everywhere connect better with relevant mobile audiences,” he said.

He gave the background on how the company started in Ghana and how it has grown to cover more than 40 mobile networks in over 20 countries in Africa and Middle East, reaching over 250 million mobile subscribers on connected network, adding its office in Nigeria is recording impressive patronage.

Intel Capital’s Investment Director for sub-Saharan Africa, Mr. Samuel Mensah in his remarks said  that Intel decided to invest in Rancard because they believe its position as solution provider in the market place.

He said  that the latest investment support for the firm builds upon Intel Capital’s long track record of supporting the growth of companies which deliver innovative technology solutions, stressing that Rancard has a promising future which should benefit not just from access to its capital, but also from its global network and technological expertise.