Money Transfer Industry In Latin America
We are doing an established us based investment firm that is researching the money transfer industry and would like to speak with those who can get us up to speed on the consumer market, particularly in latam (latin america). We think that the ideal expert will be within c-level/gm's, as well as vp's of marketing and sales, strategy, and agent development. Potential companies of interest on the remittance side would include: western union, dolex, moneygram, sigue, maxi, euronet/ria money transfer etc. As a lesser priority but still of interest, would be the installment loans to this market. On the installment loan side you have players such as: world acceptance corp, security finance, western shamrock, sun loan company, regional finance, and covington credit profiling questions: q1. Do you have a current understanding of the competitive landscape for money transfer services to latin america including traditional brick and mortar models (for example western union, moneygram etc), multi-channel (eg walmart) and pure play online models (eg xoom)? Please elaborate q2. Can you speak to how often a money transfer transaction is accompanied by other financial services transactions such as check cashing that would require a brick and mortar presence? Please elaborate q3. Do you have a current understanding of the unbanked and underbanked hispanic customer for remittance services, and a perspective on how levels of access to banking institutions and levels of assimilation may impact likelihood of shifting share of transfers to online/mobile platforms? Please elaborate q4. Do you have a current understanding of where the unbanked and underbanked hispanic consumer is shopping for groceries? Are ethnic/hispanic specialty markets losing share to more mainstream grocery concepts or mass discounters (eg walmart)? Please provide us your experience and knowledge based on our description above. Thank you.
Simon |Director - Business Development
Gentlemen, I have been in the payment/money-transfer ecosystem for 40 years and have a deep understa...1.7 Hours Later
Greetings! I worked for both Western Union and MoneyGram. While at Western Union in 2007, I was r...4.1 Hours Later
Ranjit |Head Global Business
Gentalman, I have implemented 3 life cycle of end to end mobile money transfer in Un-banking solutio...8.4 Hours Later