Technology industry

Meet Bassim Haidar: His Path to FinTech Success

Hassim Bassim is one of the world’s most successful telecommunications pioneers. His expertise in the mobile and fintech industries has allowed him to build successful businesses and made him a billionaire.

Haidar was born to Lebanese parents in Nigeria and lived there until he was ten years old. His father lost the family fortune when Bassim was 12, and it had a profound impact on the young man.

After his family returned to Lebanon, Haider completed his studies and graduated from Beirut University College, before focusing on building a business based on what people really needed in places like Nigeria and Morocco. Lebanon.

In 1991, Haidar co-founded his first company, Intercomm Ltd., which specialized in telecommunications equipment and radio links. He was only 20 years old. In 1995, he created GMT Group, a supply, financing and logistics provider for West Africa.

He established the Channel IT Group in 2003 to provide equipment and services to the Nigerian telecommunications industry. The group has been active in 19 countries and played very important role in infrastructure in Africa and the Middle East and services.

In 2011, Haider founded Service channela leading provider of financial services and mobile financial technologies, which is reaching a staggering level 560 million customers in over 30 countries.

He is also chairman and co-founder of venture capital firm Knuru Investment Limited and co-founder and key shareholder of Safricana, the first EU-GMP licensed medical cannabis facility in Africa.

Bassim Haidar also promotes the use of new technologies and mobile banking services in emerging regions, particularly Africa. He believes this form of “social entrepreneurship” can help “unbanked” populations overcome their financial disadvantage and foster economic growth. He was praised for his advocacy and achievements by the chairman of the Nigerian Communications Commission, Olabiyi Durojaiye.

Haider’s career and the growth of his business ventures have been covered by major media outlets including Bloomberg, France24, CNBC, Business Insider, and Fox Business Network.

He also has talked extensively on the need for mobile financial services, business flexibility during the COVID-19 pandemic, and the potential of the broader fintech industry promote financial inclusion for all, especially people in emerging countries who may not have access to the traditional “brick and mortar” financial sector, but who can take advantage of today’s mobile technology.

Haidar was appointed as a member of Amnesty International’s Global Council in 2016, due to his enthusiasm and commitment to helping build a world where equal rights to financial inclusion are a reality for all.

News Baden Bower
Baden Bower
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