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Key people at GTV GloboKasNet LLC.
GTV GloboKasNet LLC operates a multi-bank payment network through its subsidiary, GLOBOKAS PERU SAC, extending financial and business services across Peru. The company provides a robust infrastructure of KasNet Agents capable of connecting to a satellite network, allowing it to deliver essential transaction capabilities to over 6,000 localities, including remote urban and rural areas. This approach expands the reach of partner financial and business institutions by providing localized service points.
The company was founded in Peru in 2007 by Gino O. Picasso and Michael Deutschman. Picasso, with a background as CEO at Mobile 365, CEO at Indium Satellite, and President of General Electric Spacenet Service, along with Deutschman, formerly Central Legal Manager and Administrative Director at Indium Satellite, conceived the venture to address the limited geographic reach of traditional financial services. Their insight centered on leveraging technology to bridge this gap and foster national financial inclusion.
GTV GloboKasNet LLC serves a diverse clientele of financial and business institutions, enabling them to broaden their customer engagement. The company's vision is to achieve economic and social inclusion for individuals regardless of their location or population density. It aims to empower any economic agent to conduct transactions efficiently through its accessible KasNet Agent network, providing affordable financial services across Peru.
GTV GloboKasNet LLC is a financial services company headquartered in Maryland, USA (with addresses in Chevy Chase and operations in Peru), founded in 2007, specializing in banking agent networks, payment processing, and financial inclusion services.[1][2][4][6] It operates through its Peruvian subsidiary, Globokas Peru SAC, providing a nationwide network of KasNet Agents that enable financial institutions to reach urban and rural areas, including over 6,000 localities via satellite connectivity, supporting services like payments, transactions, and merchant solutions for partners such as Mibanco, BBVA, and others.[1][2] With reported revenue of $11.7 million and 27-95 employees, the company focuses on economic and social inclusion by allowing economic agents to serve clients affordably anywhere in Peru, aligning with fintech trends in emerging markets.[1][2][6]
Its mission is to enable economic agents to engage clients through the KasNet network regardless of location, while its vision emphasizes inclusive access without barriers of distance or density.[2]
GTV GloboKasNet LLC was founded in 2007 in Maryland, USA, to expand the reach of financial and commercial entities nationally, promptly establishing its subsidiary Globokas Peru SAC in Peru that same year.[1][2][5] Key founders and directors include Gino O. Picasso (Founder, Director, and CEO, with leadership roles at Mobile 365, Indium Satellite, and General Electric Spacenet) and Michael Deutschman (Founder, Director, Central Legal Manager, and Administrative Director at Indium Satellite, with 30+ years of investment experience exceeding $1 billion in structuring).[2] Shareholders include Elevar Equity (focused on pyramid economy investments in emerging markets like Peru) and PTRL West (regulatory and testing services firm).[2] The company evolved from a U.S.-based entity to a Peru-centric operator, filing a Form D for exempt securities offerings as late as 2017, indicating ongoing capital raises.[4]
GTV GloboKasNet rides the financial inclusion wave in emerging markets, where 4 billion people in base-of-the-pyramid economies (e.g., Peru, India, Brazil) lack traditional banking access, amplified by mobile and satellite tech for digital payments.[2] Timing aligns with Peru's rural digitization push and global fintech growth post-2007, countering market forces like geographic barriers and low density via agent networks.[1][2] It influences the ecosystem by partnering with major banks, fostering transaction volume in underserved areas, and supporting e-commerce/merchant adoption, though limited U.S. filings suggest a Peru-heavy footprint amid broader LatAm fintech competition.[1][2][4]
GTV GloboKasNet is poised to expand its KasNet model amid rising demand for satellite-enabled fintech in rural emerging markets, potentially scaling partnerships and revenue beyond $11.7M through trends like integrated mobile payments and regulatory support for inclusion.[1][2] Evolving influence may involve deeper Elevar Equity-backed growth into adjacent LatAm countries, adapting to digital currency shifts and AI-driven transactions. This positions it as a key enabler in Peru's startup ecosystem, bridging traditional finance with tech-driven access.[2]
Key people at GTV GloboKasNet LLC.
