Fundamo (Pty) Ltd. develops mobile financial service platforms. It provides Fundamo Enterprise Edition, a mobile money platform for mobile banking, mobile payments and wallets, cross-border remittances, P2P payments, bill payments, and airtime and m-commerce payments. The company's platform also supports various business models, such as branchless banking for banks and mobile money for mobile network operators; and delivers financial services to unbanked and under-banked consumers in emerging and hybrid markets. It serves customers in various countries across Africa, Asia, and the Middle East. The company was incorporated in 2000 and is based in Cape Town, South Africa. As of June 6, 2011, Fundamo (Pty) Ltd. operates as a subsidiary of Visa Inc.