Tuesday , 25 September 2018

LALA World announces Global Expansion in 150 Countries for Mobile Top-Up Solutions in partnership with TransferTo

New Delhi, September 14, 2018: LALA World, the leading fintech organization aiming to develop an AI and Blockchain powered global, digitally-decentralized financial ecosystem, is excited to announce its partnership with TransferTo. TransferTo is leading global digital value services network. A first for a Blockchain-based company, under this collaboration, LALA World will have direct access to TransferTo’s services network to offer its customers mobile top-up solutions in over 150 countries.

Globally, there are over 5 billion mobile phone users and the demand and need to stay connected – with call, text and data access – is high. This key partnership with TransferTo will enable LALA World to access over 600 mobile operators, across more than 150 countries and offer its customers a safe and reliable solution to seamlessly top-up the mobile phones of their loved ones back home – all credited in real-time, directly to the recipients’ mobile, and in local currency.

Sankalp Shangari, Founder & CEO of LALA World, says, “LALA World has a mission to touch more lives every day and connect people through digital financial services. By partnering with TransferTo, we are able to accelerate our global expansion as we grow our product portfolio, thereby enabling easier solutions for our customers to stay connected across the world. TransferTo is a digital value services leader and innovator, and we are thrilled to be joining such a successful network.”

“We are very pleased to be welcoming LALA World into our global network. Our technology will enable it to seamlessly connect to our platform, through a single API connection, and by interconnecting it with our network partners, LALA World will have the ability to expand its portfolio, grow its business and deliver new solutions to customers,” added Peter De Caluwe, CEO, TransferTo.

LALA World iOS and Android app users can use the services not only in India, but they can now recharge the mobiles of friends and family in 150 countries across the world. TransferTo first launched its digital value services network in 2005 and has since processed more than 450 million transactions.

About LALA World: LALA World is an established and fast-growing Asian technology company using Blockchain to create a connected financial ecosystem for the unbanked, migrants and refugees around the world. Founded in 2016 and headquartered in Singapore, LALA World is a social business with a presence in 5 countries and over 100 global partners including government agencies and NGOs. LALA World’s vision is simple – to touch 100 million lives by 2020 and make them better. Find out more at: https://www.LALAworld.io/

About TransferTo: TransferTo operates a leading global digital value services network offering safe, reliable and more accessible mobile value services for emerging markets. Our B2B cross-border network interconnects and provides mobile operators, money transfer operators, retailers, distributors, NGOs and corporate with unparalleled infrastructure and reach to offer solutions that better connect loved ones across borders.

Founded in 2005, the network spans across 150 countries using 100 currencies and partners with over 600 mobile operators.

For more information, please visit: www.transfer-to.com/digitalvalue

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