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Entrepreneur Year Book 2012 > BFSI > MODE FINSERVER PVT LTD

MODE FINSERVER PVT LTD

MODE FINSERVER PVT LTD
About us
Mode finserver is a privately held company supported by venture capitalist.Headquartered in Bangalore ( INDIA )Mode finserver offers complete mobile solutions to meet the ever changing needs of banks and talcos.Our unique advantage lies in building a gap between mobile banking and mobile wallet further complimented by value added payments.

Further the solution is already integrated with more than 32 remittance corridors which make it attractive for banks to do enable the remittance disbursements on mobile.India being one of the largest inward remittance countries, mode finserver sees a big advantage for banks and Telcos with our platform.

Unlike other players the company never envisaged mobile payments aa a technology play but as a combination of a technology, operatotions, logistics and compliance.this makes them more adoptable in the matket than our competitors.
Asher Delug
KEY PERSON:
Bhaskar Naidu.G,
Co founder & MD
Bhaskar Naidu is a seasoned and veteran finance controlled with a coomerce background. Naidu has around 30+years of finance and accounting experience.He was a trainee at Infosys in 1985, during its inception and started recruiting the employees. He is the Co founder and Board Member of mode finserver
CLIENTELE:
Equity bank limited, Kenya, orange telcom, Kenya, national bank of Bahrain, Kenya, zain telecom, al salam bank, Bahrain, RAK sovereign, Dubai; Mode holdings, Bahrain; Procco financials, Kuwait and Bahrain and many more
INVESTORS:
A Middle east basedventure capitalist
OFFICE:
Bangalore, India; seef, Bahrain;Nairobi,Kenya
Asher Delug
Harinath Chowdary P,
Co Founder
Hari is a serial entrepreneur and has years of strong technology and management experience in banking and electronic payments industries and has overseen acquisition of key customers for mobile banking and payment industry in the middle east and Africa region. Hair holds engineering degree in computer science and MBA in Marketing.

The company is professionally managed and supported by like minded people who have decades of experience in telecom, banking and finance industry.
PRODUCT OFFERINGS:
Modefinserver is an acronym of money on demand financial server platform, which caters to following
  • Mobile Banking
  • Mobile wallet
  • Mobile remmitance
  • Agency Banking
  • mDisbursement
  • Customer Acquisition
 
DIFFERENTIATING FACTORS:
  • Single solution supporting multi channel, multi country,multi institute,multi language,multi currency
  • Mobile based customer acquisition for banks or telcos
  • Agency banking – Extensive functionality to manage the agent network and hierarchy level across enterprise multiple geographies along with agents portal for web access to agents
  • Built in wallet capabilities allowing you to serve unbanked.The account opening and KYC process will allows the flexibility to set different levels of KYC depending on requirements
  • International and bulk remittances- offer remittances services from the mobile with customized workflow Enhanced open API framework for exposing various modules as APIS to allow wider interoperability.
  • Funds Disbursement& collections- solution to allow bank disburse fund like government aids,loan etc on mobile .