Interesting article was posted today about a company, A Little World (ALW) out of India who provides financial services in remote areas through the use of mobile phones and biometrics. ALW recently announced they have surpassed the one million customer threshold.
The company also currently has affiliations with 15 banks in India. Their main product, ZERO, allows customers to complete a wide range of financial services over the phone while using biometrics to ensure authenticity of the user.
ALW hosts 20,000 customers per day and the company hopes to grow the total customer base to 5 million by the end of the fiscal year.