Technology
MOVii Customer Base Crosses 1.5 million
By Aduragbemi Omiyale
The number of customers on the digital wallet platform of Colombian-based digital payments company, MOVii, has crossed 1.5 million.
MOVii is powered by Comviva’s mobiquity platform, which enables over 70 digital financial services in more than 50 countries.
The firm is ranked fifth amongst all financial institutions in Colombia in terms of transaction volume and has reached this milestone faster than any other financial institution in the country.
It is the country’s first 100 per cent digital money platform, where everything from customer registration to payments happens using the mobile application.
Its vision is to revolutionise financial inclusion by making it easier for everyone to pay and use their money digitally without paperwork.
MOVii’s digital wallet platform has been used extensively during the COVID pandemic by all sections of the society with its customer base and transactions increasing exponentially.
The digital wallet platform has enabled people to pay essential utility bills and invoices, shop online and transfer money to family and friends in need during the lockdown from the safety of their home.
More than 240,000 economically vulnerable people have received solidarity income from the Government of Colombia via MOVii, helping them to sustain themselves during the pandemic.
“MOVii and Comviva share the vision of leveraging digital technology to provide financial services to everyone without any discrimination.
“We are passionate about democratizing financial services and financially including even the economically vulnerable section.
“This vision and passion have resulted in MOVii achieving more than 1.5 million mobile wallet users.
“We will further accelerate this growth by delivering new digital financial services that are relevant and contextual for the people of Colombia,” the co-founder and CEO of MOVii, Hernando Rubio, said.
The CEO of Comviva, Manoranjan (Mao) Mohapatra, stated that, “We congratulate our partner MOVii for crossing the 1.5 million customer milestone.
“MOVii has democratized the financial access in Colombia as well as created a path for growth of a digital economy.
“The rapid growth in the use of MOVii during the pandemic, from solidarity income disbursement to remote payments from home during the lockdown, stresses the importance of digital financial services in today’s time as well as in future.
“We will continue to support MOVii in launching new innovative customer-centric use cases and delivering enhanced user experience.”
MOVii allows consumers to transfer money, get loans, receive financial aid, pay bills, make merchant payments, recharge mobile connections, and buy digital content, instantly, easily, and securely, anywhere, anytime using a mobile phone.
It has been continuously investing in innovation and launching new products focused on user needs. It is working on the launch of five new products: PSE payments, interbank transfers, international remittance, insurance and buy and sell crypto assets that shall drive its future growth. Forbes has adjudged MOVii amongst the 30 most promising Colombian businesses.
Comviva mobiquity Pay is one of the world’s largest digital financial services platforms. It serves the financial needs of over 130 million consumers and processes over 7 billion transactions valuing $130 billion annually.
Technology
Truecaller, AnyMind Group to Expand Direct Sales Footprint
By Modupe Gbadeyanka
The leading global communications platform, Truecaller, now has a strategic direct sales reseller partnership with AnyMind Group, a Business-Process-as-a-Service company for marketing, e-commerce and digital transformation.
Under this partnership, AnyMind Group will serve as the exclusive intermediary for Truecaller’s advertising inventory across Egypt, UAE, Qatar, Saudi Arabia, Israel, Ghana, Nigeria, Morocco, Malaysia, Singapore and Vietnam.
The scope of the partnership is focused specifically on enabling brands and agencies to leverage Truecaller’s premium ad formats to reach highly engaged, high-intent users through relevant, data-driven advertising solutions.
Through this collaboration, Truecaller will accelerate its direct advertising business across the Middle East & North Africa (MENA) and Southeast Asia (SEA) regions.
With a strong on-ground presence and established relationships with leading advertisers and agencies across MENA and SEA markets, AnyMind Group brings deep regional expertise that will support the scaling of Truecaller’s advertising footprint locally.
The partnership is designed to empower brands with impactful placements on Truecaller’s trusted communications platform, helping drive meaningful engagement with users in these fast-growing digital economies.
“As Truecaller continues to expand its global advertising business, partnerships with strong regional players like AnyMind Group are critical to delivering localised expertise and measurable outcomes for advertisers.
“MENA and Southeast Asia represent high-growth markets with evolving digital maturity, and through this collaboration, we aim to bring brands closer to consumers via trusted and contextual communication experiences on our platform,” the Vice President and Global Head for Truecaller Ads Business, Hemant Arora, said.
Also, the Managing Director for Growth Markets at AnyMind Group, Aditya Aima, said, “We are excited to partner with Truecaller to open its inventory to brands across MENA and Southeast Asia. With Truecaller’s scale and trusted user ecosystem, combined with our market depth and networks, we see strong potential to drive more relevant, high-impact advertising outcomes for advertisers looking to deepen engagement in these dynamic markets.”
Technology
Capillary Technologies Acquires SessionM from Mastercard
By Modupe Gbadeyanka
A software product company established in 2012, Capillary Technologies India Limited, has acquired the customer engagement and loyalty company, SessionM, from Mastercard.
This followed a definitive agreement signed by the global leader in AI-powered customer loyalty and engagement solutions with the renowned digital payments firm.
The acquisition of SessionM is the latest in a series of strategic moves by Capillary, following its successful listing on the Indian Stock Exchange in November 2025.
With SessionM in its portfolio, Capillary reinforces its position as a global leader in enterprise loyalty, offering a leading platform to the world’s most sophisticated enterprise brands.
Mastercard has identified Capillary Technologies—consistently recognised as a Leader in The Forrester Wave as the ideal partner to lead SessionM into its next era of growth.
As part of the agreement, a specialised team within SessionM will transition to Capillary, ensuring that the platform’s deep technical expertise is preserved.
SessionM’s esteemed global customer base—which includes Fortune 500 retailers, airlines, and CPG brands—will continue to receive the same high-calibre support and service they experienced before the acquisition.
“M&A has been a key growth strategy for Capillary over the years, and as a public company, we are delivering on that promise to our shareholders and the market.
“By bringing SessionM into our portfolio, we are not just expanding our footprint across the globe; we are further strengthening our loyalty capabilities to deliver one of the industry’s most comprehensive offerings.
“Our mission remains to provide enterprises across industries with specialised, AI-native loyalty technology solutions,” the chief executive of Capillary Technologies, Aneesh Reddy, commented.
Technology
Emergent Ventures, Others Invest $2.2m in Potpie
By Dipo Olowookere
About $2.2 million pre-seed round to help engineering teams unify context across their entire stack and make AI agents genuinely useful in complex software environments has been announced by Potpie.
Potpie was established by Aditi Kothari and Dhiren Mathur, who were determined to unify context across the entire engineering stack and enabling spec driven development.
As generative AI adoption accelerates, most tools focus on surface-level code generation while ignoring the deeper problem of context.
Large language models are powerful, but without access to system-level understanding, tooling history, and architectural intent, they struggle in real production environments.
Traditional approaches rely on senior engineers to manually hold this context together, a model that breaks down at scale and fails when AI agents are introduced.
The platform enables teams to automate high-impact and non-trivial use cases across the software development lifecycle, like debugging cross-service failures, maintaining and writing end-to-end tests, blast radius detection and system design.
It is designed for enterprise companies with large and complex codebases, starting at around one million lines of code and scaling to hundreds of millions.
Rather than acting as another coding assistant, Potpie builds a graphical representation of software systems, infers behaviour and patterns across modules, and creates structured artefacts that allow agents to operate consistently and safely.
A statement made available to Business Post on Monday revealed that the funding support came from Emergent Ventures, All In Capital, DeVC and Point One Capital.
The capital will be used to support early enterprise deployments, expand the engineering team, and continue building Potpie’s core context and agent infrastructure, it was disclosed.
“As AI makes code generation easier, the real challenge shifts to reasoning across massive, interconnected systems. Potpie is our answer to that shift, an ontology-first layer that helps enterprises truly understand and manage their software,” Kothari was quoted as saying in the disclosure.
A Managing Partner at Emergent Ventures, Anupam Rastogi, said, “In large enterprises, the real challenge is not generating code, it is understanding the system deeply enough to change it safely.
“Potpie’s ontology-first architecture, combined with rigorous context curation and spec-driven development, creates a structured model of the entire engineering ecosystem. This allows AI agents to reason across services, dependencies, tickets, and production signals with the clarity of a senior engineer. That is what makes Potpie uniquely capable of solving complex RCA, impact analysis, and high-risk feature work even in codebases exceeding 50 million lines.”
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