The US-based telecommunications agency iQSTEL not too long ago launched a monetary know-how (fintech) system permitting clients to pay utility payments electronically in addition to to ship and obtain funds internationally and domestically by way of SMS (textual content messaging).
“The knowledge gathered over the years through our telco division, along with strong customer relations with the large mobile operators around the world, has positioned iQSTEL to be the ‘point man’ between the immigrant end-user population and global telecommunications systems, a perfect setup for us to offer global fintech products and services,” stated CEO Leandro Iglesias.
Based in 2008, iQSTEL provides providers equivalent to blockchain know-how, voice over Web Protocol (VoIP), 4G and 5G web infrastructure, and application-to-person (A2P) and person-to-person (P2P) textual content messaging. The agency offers these providers from workplaces in 13 international locations within the Americas and Eurasia, via seven subsidiary firms: Etelix, IoT Labs, IoT Good Fuel Platform, itsBChain, SwissLink, QGlobalSMS and SMSDirectos. The corporate reported USD 18 million in annual income for the fiscal 12 months ending December 2019.
By Kate Finster, Analysis Affiliate
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