360Ground (Eldix IT Technology PLC) launched a social media and money transfer application called Meda Chat. The application operates on Amole (Dashen Bank’s digital platform) and renders messaging, social media and social payment services in English, Amharic, Oromifa and Tigrigna languages.

The bank launched Amole Wallet, a mobile banking application, in July, 2018. Amole, named after the ancient salt-bar currency used in ancient Ethiopia, will offer mobile subscribers digital payment capability and access to aggregated digital products and services from Retailers, the Entertainment Industry, Airtime Dealers, Bill Payment Points, Airlines, Social Media Players and third-party service providers.

Dashen Bank was established on September 20, 1995.

Source: Addis Fortune, Dashen’s Official Website and businessinsider.com(https://markets.businessinsider.com/news/stocks/dashen-bank-launches-amole-the-new-ethiopian-digital-wallet-1027405090)