YOYO Holdings is a Singapore based company, which offers several reward platforms in South East Asia. Our vision is to provide the free Internet to next billion users. We currently operates in Philippines, Indonesia and Thailand and will expand soon in other countries. Our reward engine incentivizes consumers via sending out airtime to their mobile phones. We are a VC-backed startup which raised 1.5M USD fund in total. We also won Echelon 2014 Satellite in Philippines and were chosen Top10 Promising Startups in Echelon 2014.
Mobile phones have seen an unprecedented penetration amongst the population in developing nations. As a result, roughly 96% of the world’s population, equivalent to 6.8 billion users, are now connected via mobile technology. In developing countries, mobile usage is characterized by the prevalence of prepaid airtime and text messaging. As its burden on household income grows, the value of purchased airtime (or “loads”) is approaching that of cash money. We see mobile airtime as an opportunity to economically empower such users.
