How they describe themselves: Luup’s truly universal mobile payment platform is redefining payments as it enables mobile remittances, branchless banking and mobile corporate payments – on any mobile device, anywhere in the world. The Luup solutions are bank-grade, live and proven in retail and corporate contexts, as well as scalable and easily managed. They solve business challenges, reduce costs, and increase revenue. For customers the benefits are new, convenient, and secure services that enable cost savings and financial inclusion. Luup is the only independent global provider of mobile payment solutions and is uniquely placed for growth. Luup is creating an extensive payments ecosystem; see www.luup.com
How they describe their product/innovation: Luup is redefining payments with its universal mobile payment platform and solutions. At FinovateEurope, Luup is launching a service that revolutionises corporate & government travel authorisation and budget management. Enabled by Luup’s successful Remote Authorisation & Mobile Wallet products, the new service optimises processes, creating huge efficiency and productivity gains. Gone are the days when employees have to chase managers for budget and trip approvals while costs rise exponentially by the hour. With Luup’s latest service, travel budgets are managed in Luup’s wallet system that enables travel requests, authorisations and payments within minutes from anywhere, on any mobile device.