panamaxOver 400 influencers and innovators gathered at the FinTech Innovation Awards 2015 in London to honor the highest achievements and trailblazers from the global financial and payments technology industries.  Panamax Inc. was awarded the FinTech Innovation Award 2015 in the emerging markets segment for its unique mobile-based service distribution platform, MobiFin.  The award adds to Panamax’s growing roster of industry recognitions, which includes the Excellence in Branchless Banking Award at Mobile Money & Digital Payments Global; the 2015 Unified Communications Product of the Year Award for its Bridge2Call Solution; and a Gold Award for Best Innovation by an ICT Company, given by Gujarat Electronics and Software Industries Association (GESIA).

There will be 5.2 billion mobile device users by 2017, according to Cisco’s five-year forecast for mobile traffic data.  Among their growing number of uses, these mobile devices are increasingly becoming tools used not only by consumers for personal activities, but also by service providers for a variety of banking services.  Mobile is changing the way the world makes payments, accesses financial services, and formulates financial decisions altogether.

Solutions like Panamax’s MobiFin are driving this mobile finance evolution, empowering service providers with a set of distinct features that provides an intuitive and convenient way for managing service channels with various interfaces within a single solution.  MobiFin is a mobile-based service distribution platform that enables service providers to diversify business by provisioning services such as airtime recharges, banking services, multi-level marketing (MLM), agency banking, lottery, loyalty, rewards, and more.  The platform integrates multiple devices, which can be employed to deliver services supporting popular software platforms through users’ access modes of choice.  This capability delivers true mobility to users for various financial services.

Panamax is a leading telecom technology company owned by Bankai Group.  The company provides market-proven telecom switching, wholesale carrier business and mobile financial solutions.  For more information about Panamax, visit: or email

About Panamax

Panamax Inc. is the technology unit of the Bankai Group, established in 2001. We are a leading technology company offering market-proven telecom switching, wholesale carrier business and mobile financial solutions. Panamax is headquartered in New York and our R&D centre is located in Ahmedabad, India. Since 2001, we have been delivering first-class, turnkey telecom and technology solutions to customers across various verticals and geographies. We are a stable, profitable and fast-growing end-to-end technology solutions provider for telcos, Banking, Financial services and Insurance companies (BFSIs), carriers, merchants, aggregators and service providers. To learn more, visit: