Building on Its Core FinTech Services, Mo Technologies Makes It Easier to Partner for Business Development
As its MO Instant Cash service continues its exponential growth, MO Technologies, one of the world’s fastest-growing FinTech companies, announced two new partnership programs that further extend the reach of MO’s services for financial inclusion. The MO Technology Licensing program allows businesses to partner with MO to leverage the company’s global footprint and core financial technologies. The MO Instant Cash affiliate program allows anyone to become a reseller of the hottest new financial service for small businesses.
Building on its core FinTech services, MO Technologies makes it easier to partner for business development
“Since launching MO Instant Cash in July, two of the most frequently asked questions we get are how can a business refer more customers to us, and how can a business build new services with the tools we have built,” said Faird Shidfar, MO Technologies managing director for North America. “MO’s mission is to make financial inclusion easier for all small businesses, and any company that wants to help further this mission is absolutely welcome to partner with us. Our new technology licensing program will allow businesses to build new services using our technologies, while our affiliate program makes it effortless for anyone to make money by helping small businesses attain financial help.”
MO Instant Cash was created to fill a missing piece in the small business landscape: access to affordable short-term cash for immediate business needs. With MO Instant Cash, business owners can be instantly approved for a short-term cash advance from $1,000 up to $50,000, paying only a 4.99 percent service fee for each advance. Money is transferred as quickly as the same day to the customer’s business bank account, and repayment begins after five business days, in 22 equal daily payments or 4 equal weekly payments. MO Instant Cash affiliate partners will be compensated each time they refer a new business that qualifies for a merchant funding advance. MO affiliates will have tools to grow affiliate revenues, track referrals and monitor commissions and payouts.
MO Technologies is also making it possible for businesses to innovate new services using MO’s FinTech platform with core credit scoring, default prediction, loan issuance and payment management, pre-paid and credit card issuing services. New services can be deployed on MO’s global footprint which extends from North America to Latin America over to Asia. MO has been using these core services to deliver groundbreaking FinTech services that are reshaping financial inclusion in Latin America.