Senegalese Entrepreneur Mika Diol Builds Multi-Vendor ATM Network in West, Central Africa

By : Melchior Koba

Date : lundi, 12 février 2024 10:51

In a career spanning several years, he has worked at major corporations including Ericsson, Oracle, and Microsoft in the United States. In 2021, he established his startup, setting up an automated distribution network that seamlessly integrates banking services, mobile money solutions, and fintech offerings. 

Mika Diol (photo), a seasoned systems engineer from Senegal, boasts an impressive array of technical certifications from industry giants such as Microsoft and Dell. As the co-founder and CEO of Outsource Monetic Group, a US-based fintech startup with a strong foothold in Africa, Diol is at the forefront of transforming financial services accessibility across French-speaking West and Central Africa.

Founded by Mika Diol and Ibrahima Diedhiou, Outsource Monetic Group has set its sights on revolutionizing financial inclusion. Their mission? To empower communities by bridging the gap between traditional banking services and the dynamic digital landscape. With a keen focus on French-speaking regions, the startup aims to democratize access to financial tools.

At the heart of their innovation lies KaliSpot, a cutting-edge multi-vendor ATM solution. These smart devices seamlessly integrate banking services, mobile money platforms, and fintech offerings. Operating via a robust 3G connection, KaliSpot devices adapt to users’ needs, recognizing their service providers and tailoring the experience accordingly. Gone are the days of interminable queues outside brick-and-mortar banks; KaliSpot promises efficiency and convenience.

In 2023, Mika Diol shared his vision for the future. “Fintechs will soon realize that the lack of physical infrastructure poses a significant hurdle in conquering these young and promising markets,” he asserted. By leveraging technology, Outsource Monetic Group aims to empower individuals, businesses, and entrepreneurs across the region.

Before launching Outsource Monetic Group, Diol’s career trajectory was marked by notable milestones. In 2006, he assumed the role of Country Manager at the Ivorian digital services company N-SOCITECH. Subsequently, he joined Ericsson in the USA as a Project Manager in 2007. His tenure at Microsoft saw him lead service sales, while Oracle appointed him Territory Sales Manager in 2014. A year earlier, he joined the Senegalese IT firm Servitech Group as Sales and Marketing Director.

Melchior Koba


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