Plextek investment boosts Iceni mobile payments roll-out | Business Weekly | Technology News | Business news | Cambridge and the East of England
Summary
Plextek has worked closely with Iceni Mobile since 2008, contributing ongoing financial backing along with technical and commercial consultancy to support the development and deployment of I2S. With I2S, Iceni has created the world’s first next generation mobile services and payments platform, building on the successes and know-how shown in M-PESA but delivering on a new level of innovation. This provides a single platform for the many mobile services each person may have, while delivering on the scalability, flexibility and operational efficiency required for a truly mass market solution. Iceni offers the I2S platform as a turnkey white label service which is then supported by fully managed technology and business operations. MIH has provided series A and B funding, strategic management support and will assist Iceni in gaining access to the Naspers group’s emerging market footprint.