Dinero Limited

We provide on-phone accounting and payments to co-op savings groups, solving their four biggest problems : governance + accounting + access + transparency.

  • Stage Prototype Ready
  • Industry Mobile
  • Location Nairobi, Kenya
  • Currency KES
  • Founded June 2012
  • Employees 5
  • Website dineroltd.com

Company Summary

Dinero Limited provides mobile transaction software that enables cooperative savings groups (SHGs) in developing countries to manage their shares and savings contributions on the phone. We solve the problem of poor governance, accounting workload, and lack of access to quality investment instruments. Our market is the $4 billion per year "chama" market in Kenya, with prospect to expand to India. We charge a fee on turnover of money & shares.

Team

  • Kenneth Griffith
    Business Development Lead - Co-founder

    Expertise in web development and digital payments. Started goldeconomy.com (2000-2004) and ran it as a profitable gold industry news site. VP marketing of startup e-bullion.com (2002-2003) helping it become profitable in its first year. Started Cottage Networks as a web development company for small businesses (2004-2012). Moved to Kenya in 2011 to examine mobile payments space. Recruited Ian Grigg to start Dinero in 2012.

  • Ian Grigg
    Co-found - Technical Development Lead

    * MBA London School of Business (1995)
    * Senior software engineer (25 yrs exp)
    * Editor financialcryptography.com
    * World class leader in applied financial cryptography
    * Architect of CA Cert's 20,000 member arbitration system
    * Inventor of Ricardian Contracts & Triple Entry Accounting
    * Created digital trading exchange for precious metals (DigiGold 1998-2001)
    * Founding member Financial Cryptography Association

Previous Investors

  • Ian Grigg
    Co-founder
    Unconfirmed

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