AIRBANQ

Airbanq is a social mobile service that provides financial services. The mobile service offers high quality and affordable financial services to under-served communities by helping them cross the digital divide and adopt mobile financial services, with an innovative online to offline model. It has developed a check-cashing application that gives customers access to quality and fairly-priced mobile financial services. Airbanq enables households to receive secure, alternative financial services (AFS) from within their trusted communities at the highest convenience and lowest possible cost. They also allow the users to remotely upload their checks and pick up the money at the express lines of their cash-out locations with adoption levels over 94% and retention levels of 76%.