Panamax is a leading provider of Innovative Technology for Telcos, MNOs & MVNOs, Banks, and Finance firms. The company plans to chart a trajectory of success across the globe and expand its global footprints by joining hands with local distributors and Telcos. As a part of this drive, Panamax has entered into a partnership with a Georgia-based distributor Bemobile.

Bemobile operates from the Tbilisi Republic of Georgia and will help Panamax penetrate the Eastern European region. The Georgian Mobile finance market is still at a nascent stage, and Panamax has plans to make headway into the region with its next generation Mobile Financial Solutions for Telcos and Banks. Using the MFS product MobiFin, Telcos can roll out mobile money services, microcredit, bill payment and international remittance to their subscribers. Banks can also deploy MobiFin and offer their customer’s services like mWallet, mobile banking, subsidy distribution and agent/merchant payment.