Agri-Fintech Holdings Acquires Tingo Mobile

Agri-Fintech Holdings was offering a comprehensive platform service through the use of smartphones (using GSM technology) to empower a marketplace to enable subscribers/farmers within and outside of the agricultural sector to manage their commercial activities of growing and selling their products to market participants both domestically and internationally. Agri-Fintech Holdings was founded in 2015 and is based in New York, New York.

Tingo including its consolidated subsidiaries, is a technology and communications company offering principally in Nigeria and 18 other African countries, a comprehensive range of wireless communications products and services for subscribers within and outside of the agricultural sector that are designed to meet the needs of individual consumers and businesses. The company is connecting Africa by democratizing access to mobile, technology and ?nancial services. Its business strategy continues to be focused on capturing an increasing share of the growing African market for wireless services to become a leading provider in Africa of such services over the long term and to initiate wireless services in other countries outside of Africa through Tingo Mobile PLC, and in the United Kingdom, through Tingo Mobile UK LTD. Tingo is based in Stamford, Connecticut.