DUBAI, UAE, Nov. 7, 2023 /PRNewswire/ -- Optasia, a leading Fintech services provider, is proud to announce another deployment of its Airtime Advance solutions. This time the deployment takes place in Cameroon, provided in the country through Mobile Telephone Networks (MTN) Cameroon Limited, one of the largest telecommunications providers in the region.
Optasia powers this Airtime Advance solution through its proprietary AI-based platform and technology, enabling long-standing Optasia partner MTN to offer seamless communication to its approximately 11 million subscribers in the country. This deployment, which uses the brand name "XtraTime", is the third in a series of Airtime Advance services provided through MTN in as many countries.
"Enabling people to enjoy reliable, fast and accurate services through the mobile operator of their choice and stay in touch with each other is something we traditionally excel at as a company," said Mark Muller, CEO of Optasia. “We are delighted to be able to offer this type of high-profile AI-based solutions to Cameroon, through a trusted partner like MTN, and we remain committed to helping these partners provide the best services available to their subscribers.”
Optasia's airtime advance solutions, such as that offered in Cameroon through MTN, as well as the company's microlending and data monetization solutions, have been instrumental in Optasia's consistent growth in recent years. And Optasia's roadmap to 2024 and beyond is equally ambitious, thanks to the proven capabilities of its AI-based platform, which enables its partners around the world to offer the best services to their subscribers and customers.
Optasia, formerly Channel VAS, is an advanced AI-based platform that enables instant access to financial solutions to millions of unbanked individuals and SMEs in more than 30 countries, primarily in emerging markets. Optasia's B2B2X (business-to-business-to-customers and SMEs) model creates value for its partners, such as mobile network operators, mobile money operators, banks and payment gateways, in the form of additional revenue, improved customer experience and improved retention without the need for additional operational or capital expenditures. The company's AI-based data engine and proprietary algorithms analyze alternative data from mobile and other environments to provide its partners with instantly relevant credit decisions. These capabilities enable microloans, airtime advances and data through mobile wallets, SIM cards and other digital environments.
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