Technology: Mountasser Hachem

Mountasser Hachem helms the Monty Group, a global technology powerhouse headquartered in the UK with 40 subsidiaries and operations across 19 countries.

With over 30 years of experience, Hachem has established himself as a pioneering force in the digital banking tech, and telecom industries. His entrepreneurial journey began in 1997 in the Middle East and soon expanded globally with Monty Mobile’s International A2P SMS Monetisation solution, becoming the third-largest SMS provider worldwide and expanding the company’s business portfolio to include VAS services, CPaaS, eSIM RSP among others.

Milestones in the making

Under his leadership, Monty Group has achieved numerous milestones, including the launch of the neo-banking platform MyMonty and payment gateway MontyPay in 2022.

Monty Mobile’s significant achievements in the telecom sector led to the company being selected by GSMA to host two major conferences (WAS6 and WAS19) in Marrakesh (2017) and Istanbul (2024), each attracting over 1,000 telecom executives globally.

Between 2018-2019, his company secured more than 1,000 agreements with operators, enterprises, and aggregators, including over 30 exclusive A2P agreements.

Today, Hachem’s strategic vision and market intuition lie in driving financial inclusion for unbanked and underserved communities globally, while also catering to tech-savvy individuals, the younger generation, and businesses with innovative financial solutions. Through MyMonty, launched in Lebanon, Europe, The Gambia, and soon expanding to the US, Hachem envisions a seamless platform for everything money-related offering much-needed financial services like peer-to-peer lending, business wallets, micro-investments, digital savings programmes, and AI-driven financial planning tools.

Hachem is committed to breaking financial barriers and creating a global ecosystem that empowers every individual and enterprise to thrive.

Beyond fintech, Hachem ventured into mobile operator management by taking over Comium in The Gambia, a mobile operator on the verge of collapse. When others saw a lost cause, Hachem saw an opportunity. In just six months, he upgraded Comium’s network from 2G to 4G+, complemented by culturally resonant marketing campaigns and strategic initiatives. This bold transformation led to a 20 per cent market share growth in under two years.

Today, Comium is a rising star, offering innovative services like ComCach (digital wallet), ComShop (its own electronics outlet), and is poised to deliver 4G+ connectivity even in rural areas of The Gambia. This remarkable turnaround exemplifies Hachem’s ability to see potential where others see limits.

In addition to his contributions to fintech and telecommunications, Hachem also spearheads innovation in travel connectivity with the Monty eSIM travel app. Recognising the increasing need for accessible, hassle-free, global mobile connectivity, Hachem envisioned and executed a solution that connects travellers to mobile data in over 190 countries without the inconvenience of physical SIM cards. The Monty eSIM app enables users to purchase competitive data packages with just a few taps, eliminating the high costs of roaming and the delays of procuring local SIMs.

Hachem is driven by a bold vision to liberate individuals and businesses from the limitations of traditional services that consume time and create unnecessary hassle. Through innovative solutions like MyMonty, MontyPay, and Monty eSIM Travel App, he aims to redefine convenience and efficiency in daily life. Be it transforming financial inclusion for underserved communities, modernising telecommunications, or streamlining global connectivity, Hachem is committed to empowering people with tools that simplify and enhance their experiences.