A LEADING FINTECH INNOVATOR
Channel VAS is the premium Fintech provider of Mobile Financial, Airtime Credit & Airtime Advance Services for Mobile Operators, covering a wide range of offerings, from Digital Banking to Advertising, Content and Marketing solutions, all through Big Data and cutting edge proprietary analytics tools. Having provided loans to over 550 million people by the end of 2017, Channel VAS has exceeded the $1 Billion mark in loans in 2016 alone and is currently lending $4.5 million per day globally. Channel VAS is an affiliate of Channel IT, Africa’s largest independent distributor of Mobile Network Infrastructure, with presence in 25 countries and a continuous expansion to new markets globally.
Our mission is to innovate ways for Mobile Operators to monetize untapped opportunities, increase their revenues and provide better services that help retain loyal customers, by providing end-to-end solutions that radically change the way people and businesses interact in emerging markets where the majority of the population remains unbanked. Through solutions like Mobile Finance, Airtime Credit & Airtime Advance Services, MNO customers can stay in touch with their loved ones and cover their everyday needs without a hassle.
In late September 2017, Channel VAS has announced that Waha Capital, a leading investment company based in Abu Dhabi has acquired a minority stake in Channel VAS. This acquisition serves to build a strategic and integrated partnership, promoting the expansion of rapidly growing Channel VAS' footprint globally, while doing so will also provide diversified investment and industry exposure for Waha Capital.
With an addressable base of over 550 million mobile subscribers that are dependent on the service offered for the advance of credit, Channel VAS’s operations account for $3 billion of the market’s total $100 billion value, with enormous potential for growth. Incorporated in 2012 and led by a team that has a reputation for building multi-billion dollar emerging market companies in the fields of IT, Logistics and Telecommunications, Channel VAS has a pipeline that is forecast to double the group’s size by 2020.
Connecting the World through Mobile Value Added Services