About mHITs
mHITs is a company based in Canberra (Australia) founded in 2008 by Harold Dimpel. It operates as a B2C, and SaaS. mHITs offers products and services including BuyPower and Rocket Remit. mHITs operates in a competitive market with competitors including MoneyGram, CarePay, Beem It, Payonix and EonX, among others.
- Headquarter Canberra, Australia
- Founders Harold Dimpel
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name Mhits Limited
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Annual Revenue
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Products & Services of mHITs
mHITs offers a comprehensive portfolio of products and services, including BuyPower and Rocket Remit. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Enables mobile payments for prepaid electricity in emerging markets.
Facilitates mobile money transfers to countries like Bangladesh.
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Funding Insights of mHITs
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by mHITs
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - mHITs
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Mhits Comparisons
Competitors of mHITs
mHITs operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as MoneyGram, CarePay, Beem It, Payonix and EonX, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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Cross-border payments are enabled via wallet solutions for consumers.
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Provider of a health insurance platform for global insurers
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Peer-to-peer transactions are enabled through a mobile payment app.
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Enables QR-code-based online payments for utility bills and money transfers.
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Loyalty and payment solutions are provided for consumers and businesses.
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Provides a wallet solution for secure and convenient payments.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Mhits
Frequently Asked Questions about mHITs
When was mHITs founded?
mHITs was founded in 2008.
Where is mHITs located?
mHITs is headquartered in Canberra, Australia. It is registered at Canberra, Australian Capital Territory, Australia.
Who is the current CEO of mHITs?
Harold Dimpel is the current CEO of mHITs. They have also founded this company.
What does mHITs do?
mHITs Limited develops mobile payment technologies to promote financial inclusion, allowing users to pay for services like prepaid electricity and remittances via mobile. They utilize simple technologies such as USSD and SMS to reach global markets. Based in Canberra, Australia, the company partners with carriers and organizations to serve unbanked individuals in emerging economies, processing millions of transactions.
Who are the top competitors of mHITs?
mHITs's top competitors include MoneyGram, CarePay and Velocity Frequent Flyer.
What products or services does mHITs offer?
mHITs offers BuyPower and Rocket Remit.
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