Boloro is a product of a global company, Boloro Global Limited - a technology provider that provides simple and unique solutions to prevent fraud, allow financial inclusion and promote transparency. Boloro Global Limited is a Delaware business founded in 2009 and headquartered in New York City, with operations in countries such as India, parts of Africa, the Middle East, the Americas, and Europe.
A mobile platform that is ideal for all forms of identity verification when making transactions, Boloro truly is an innovative service in today’s connected society. So, how does it work? Boloro avoids the risks and dangers of the web and operating systems by using a secure signalling layer that is tied to the mobile device, used by the government to broadcast emergency Amber alerts to users. It is a multi-factor and multi-channel solution that works on smartphones without the need for any APP or network, thus leaving no digital trace in the handset’s memory. Additionally, this patented process has been approved by the Global Association of Mobile Carriers Association (GSMA) - making the gaming experience and payment process trustworthy and lawful.
Boloro is currently available in countries such as India, parts of both Africa, and the Middle East, including Palestine. The target growth in each of these markets is at least 25% by 2023, which would mean over 10 million lives impacted by this multi-channel in the next 12-24 months. In addition to the markets above, Boloro is also targeting other markets, including the United States of America, Europe, Latin America and the Caribbean. With a current presence in over 150 countries, Boloro is well on its way to being a well-renowned global platform.