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Somali Techpreneur Creates App For Sending Money To Africa

Written By JAK on Saturday, March 22, 2014 | 1:20 PM

Marketing manager Ahmed Rodol, chief executive officer Roble Musse, and finance and compliance director

A Somali born entrepreneur, based in Seattle US, has developed a money transfer application that will cut the cost and time it takes for African’s living in the US sending money to Africa. Roble Musse, a former Microsoft employee, has created a smartphone app known as CoinFling.

“Africa has one of the highest cost of money transfer. So there is defiantly an opportunity for s company trying to really and provide value to the market place,” Musse told CCTV Africa.

“Money transfer that is how we feed our family. We work so hard here in America, but also our families back home they depend on us. Every month we have to send money,” Haybe Jamaac, a taxi driver that contributed part of the initial capital that started CoinFling, told CCTV Africa.

“This is something new and very exciting. When they showed me their plan and how the thing was working (and) they demonstrated it to me, I liked it. I think this is the future. This is how people are going to do business in the future. It only take a few minutes. And when everybody does use it I will get my investment returns.”

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