Board member Jim McKelvey, co-founder of Square, discusses the most exciting companies
in payments, and the biggest pain points that need solving in payments
During the interview, Jim is asked about which companies he is most excited about. Here was part of his response:
“The ones dealing with the bottom part of the pyramid. They are the people who have traditionally not participated in the system. Square has some new products addressing new areas that were historically outside the fin system. I’m also very excited about MoneyonMobile, which is enabling payments in electronic format for hundreds of millions of people in India.”
You can read the full transcript of the interview at PaymentEye.