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Tengo, Inc

Revolutionizing the distribution of financial services to emerging markets via mobile and wireless technologies.

  • Stage Prototype Ready
  • Industry Financial Services
  • Location Palo Alto, CA, USA
  • Currency USD
  • Founded January 2011
  • Employees 4
  • Website tengo.mx

Company Summary

The Tengo POS platform is a cloud based payments solution available on all Android devices. The Tengo Tablet is a POS replacement, available at 1/4 the cost of a standard Verifone terminal, and facilitates such financial transactions as agent banking, airtime topups, remittance disbursements, bill payment, credit/debit card process, as will expand to include lending, merchant loyalty, and analytics.

Team

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    Matt Brown
    CEO

    Founder of 2 previous startups, designed mobile remittance product for MoneyGram

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    Prasad Mokkapati
    CTO

    Founder of 2 previous startups, 30-year silicon valley veteran, first startup (Post Modern) was acquired by Visigenic shortly before a $400 million IPO.

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    Pedro Arzani
    Director of Operations

    Former CEO TelCel Mexico, former Mobile Innovation Director Movistar Mexico, led ING mobile banking initiative in Mexico

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    Sergio Contreras
    Director Business Development

    Pioneered first debit card transaction in Mexico, Technology Director at Banorte, Director of Technology at ING, over 40 years in Banking Technology field.

Advisors

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    Fenwick & West
    Lawyer
    Unconfirmed

Previous Investors

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    Self funded
    Unconfirmed