FinTech Magazine December 2019 | Page 212

INLOOP
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“ We ’ re not trying to be a bank , or to simply solve banking-related problems , we ’ re working to eradicate real issues and challenges in education and health , the biggest social sectors in the world ”

— Zubin Appoo CTO , InLoop
funding to pay for private services such as physiotherapy , pharmacy or psychiatry , due to existing payment systems that can often see funds take several months to reach the service provider . Through LanternPay , this process is streamlined . Service providers will receive the payment within 24 hours , making them far more likely to accept the funding as a form of payment .
“ Our primary goal is to always help people manage their lives and deal with real-world problems ,” Appoo says .
“ We ’ re not trying to be a bank , or to simply solve banking-related problems , we ’ re working to eradicate real issues and challenges in education and health , the biggest social sectors in the world .”
Naturally , the nature of the issues that InLoop targets presents several challenges to the business . To be successful , Appoo maintains , a focus on assembling the right team and developing an appropriate management strategy , whilst effectively implementing the right technologies , are essential . To this end , he describes
DECEMBER 2019