Carol Realini founded Obopay in 2005 after traveling in Africa and recognizing that while mobile phones were ubiquitous, many people didn’t have access to even the most basic banking services. Recognizing the need and opportunity in both industrialized and developing nations, Carol designed Obopay’s business model to promote social and economic development throughout the world, by providing mobile savings, money transfer, and payments to people everywhere.
Today, Obopay — through partnerships with financial institutions such as Citi and MasterCard and mobile carriers — is using mobile phones to deliver financial services that empower people’s life and work. In 2007, Obopay was awarded the Fierce Wireless Fierce 15 Award, bestowed on the "most innovative private companies set to take the industry to another level."
Prior to launching Obopay, Carol was chairman and CEO of Chordiant Software, developer of one-to-one marketing and customer interaction software. During her tenure, Carol played a key leadership role in the origination, development and successful IPO of the company. Before her success at Chordiant, Carol was CEO and president of J. Frank Consulting. As CEO/President, Carol Realini guided the Company through significant growth, eventually orchestrating the firm’s sale. As Vice President of Sales and Marketing at Legato Systems, Carol launched the company's first series of products and established key strategic business relationships. Carol also served as Director of Product Marketing at Ingres Corporation, where she was responsible for product strategy, planning and marketing.
Carol began her career with Amdahl Corporation (now Fujitsu) a supplier of hardware, software, and operational consulting throughout the world, where she developed new operating system software and worked with Amdahl’s largest clients to further implementation of the software.
Carol holds a B.A with Honors in Mathematics from the University of California and a Masters of Science in Computer Science from California State University. Additionally, Carol successfully completed the Executive Management Program at Stanford University’s Graduate School of Business. Carol has been named one of the 50 Top Women in Technology by Corporate Board Member magazine, and was recognized by McGraw Hill as one of the Top 100 Women in Computing.
Carol established the Grameen-Obopay Bank A Billion Initiative, a first-of-its-kind alliance to use mobile technology to deliver banking services to a billion of the world’s poorest people by 2018. The Grameen-Obopay BankABillion Initiative will provide access to affordable financial services, including savings, cross-border remittances, money transfer, payments, and micro-credit. Carol also has served on the boards of GlobalGiving and the Anita Borg Institute of Women and Technology.