Irish entrepreneur John Nagle is the founder of Red Dot, a cash acceptance network established in Myanmar early this year. He was formerly chief executive of Payzone, a payment network based in Dublin. Mr Nagle spoke to Frontier about his plans for the country.
Myanmar’s parallel government is funding weapons and public services through a digital currency in a bid to break the junta’s grip on the banks. But progress is slow and the system has weaknesses that could limit its uptake.
BY Frontier