As a countdown to the World Economic Forum’s annual meeting at Davos, we’re profiling all 30 of our fellow 2011 Tech Pioneer award winners. Check our full profile series to learn more.
What they do:
In U.S. cities, ATMs can be found on almost every block. Sure, they may charge you an arm and a leg in fees, but at least they’re there. In many rural places, ATMs are non-existent. Vortex develops ATMs specifically suited to rural needs. The machines use 25% the power of conventional models, are able to dispense soiled banknotes, and don’t require air-conditioning units to cool them down.
Why it’s cool:
Vortex’s rugged, cost-effective ATM machines are bringing the power of banking to remote areas, helping to improve opportunities and quality of life.