[10] Goodluck Jonathan, former president of Nigeria, and Olusegun Olutoyin Aganga, former Nigerian minister for Trade, Industry and Investment were on the board of Tingo as of June 2020.
[11][12] In August 2021, Tingo Mobile Plc became a public company when acquired by iWeb Inc in an all-stock deal worth $3.7 Billion.
[13] In September 2021, MELD announced a three-way partnership with Tingo International Holdings and Ubuntu Tribe – an ethical firm which tokenises natural resources.
[14] In March 2022, doubts were raised about Tingo Mobile claims to have signed up over 12 million Nigerian farmer customers.
[28] While the SEC suspension of shares expired in late November, Nasdaq chose to keep trading of Tingo securities halted pending a review of provided information.
[35] Tingo Mobile is an Agri-Fintech company that provides a platform service through the use of smartphones to empower a marketplace to allow subscribers/farmers within and outside of the agricultural sector to manage their commercial activities of growing and selling their production to market participants both domestically and internationally.
[36] Tingo connects farmers to markets, services, and resources via Nwassa, its digital AgriTech marketplace platform, which commenced its operations in April 2021.
It offers food processing and production services operating in Lagos, Nigeria and was founded by Dozy Mmobuosi and with Neha Mehta as the CEO.