Jussi Teeriaho: The Finnish Visionary Who Defied the Odds

Jussi Teeriaho
CEO & Founder

+358 (0) 46 6000 900
+33 68086 09 10
jussi@mobibank.fi

It was a beautiful morning in Lapland, where the crisp, pure air enveloped everything in a quiet, serene embrace. Jussi Teeriaho, a young and adventurous soul, was out skiing with a friend through the pristine snow-covered landscape. The Lapland wilderness had a way of inspiring clarity of thought, and on this particular morning, a chance incident would set the wheels of innovation in motion.

As they traversed the snowy trails, Jussi's friend accidentally dropped his mobile phone into the powdery snow. It was a moment that, for many, would have been nothing more than a minor inconvenience. However, Jussi was not one to dismiss such moments lightly. Instead, as he helped his friend dig through the snow to retrieve the phone, a question formed in his mind—a question that would lead to a groundbreaking invention.

"Why don't we backup our mobile phones as we do with computers?" Jussi pondered aloud, his breath visible in the frosty air.
This simple yet profound question hung in the air like a revelation. It was a question that would change the course of his life and the world of mobile technology. Jussi recognized the vulnerability of personal data on mobile devices and the need for a solution that could provide peace of mind to millions of users.

Inspired by this moment on the snowy trails of Lapland, Jussi set out on a journey of innovation. With unwavering determination and a spirit of exploration, he embarked on the creation of what would become known as Nokia BackUp—a revolutionary backup system for Nokia phones that would ensure the safety of users' precious data.

The Nokia ́s BackUp Innovation before iPhone sync

Jussi's invention wasn't just ahead of its time; it was a game-changer so the company, which Jussi founded, embarked on a mission to create and revolutionize mobile phone technology. He recognized that while mobile phones had become an integral part of daily life, the vulnerability of data on these devices remained a pressing concern. This realization fueled their commitment to innovation.

The result of their relentless pursuit was BackUp for the Nokia—an ingenious solution that allowed users to safeguard their important data with ease. From contacts and messages to cherished photos and files, Nokia BackUp became the guardian of digital memories, ensuring that nothing would be lost, even in the face of unexpected accidents.

Nokia, hungry for groundbreaking innovations, saw the potential of Jussi's invention. In the weeks leading up to the launch, they contacted him regularly, eager to incorporate this transformative technology into their products. This ongoing interest from a tech giant like Nokia was a testament to the significance and impact of Jussi's work.

As the world embraced Nokia BackUp, Jussi's intuitive understanding of technology and user needs propelled his business to success. But his brilliance extended beyond invention to the art of timing. In a bold move of intuition, he sold his business just two years before the market witnessed Nokia's decline from world leadership. This strategic decision showcased his keen understanding of market dynamics—a trait that would serve him well in his entrepreneurial endeavors.

Investing in iSMS with the Father of SMS

Jussi's journey was marked not only by his inventions and 3 years’ work in Brain Training Center but also by his strategic investments. One of his remarkable ventures was to invest and bring to world iSMS with 120 mobile patents globally, where he joined forces with none other than the father of SMS technology. This collaboration wasn't just a partnership; it was a meeting of minds that brought together the visionary behind SMS technology and the forward-thinking innovation of Jussi.

Their joint efforts marked an exciting chapter in the evolution of communication technology. Jussi's ability to recognize and invest in groundbreaking projects was a testament to his knack for identifying transformative opportunities.

Fastest iSMS and Downloads

Within the world of iSMS, Jussi achieved remarkable feats. To be part of creation, the fastest iSMS with a 5- second check-in to an airplane, revolutionized communication for travelers where customers were satisfied and were the airline industry saved tens of millions was a testament to his commitment to making everyday processes more efficient.
Furthermore, his dedication to speed and innovation extended to other realms as well. When it came to downloads, iSMS set records. An example that stood out was the download of the immensely popular game Angry Birds, which resulted in a staggering 20,000 downloads in a small country like Finland just 7 minutes. It was a testament to his dedication to providing users with the fastest and most seamless experiences.

The Birth of MobiBank

After his success in the tech world, Jussi set his sights on a new frontier—the financial sector. He envisioned a future where banking transcended borders and became accessible to everyone, regardless of location or financial status. This vision gave birth to MobiBank www.mobibank.fi, a startup aimed at revolutionizing the mobile banking industry.

With unwavering determination, Jussi and his team set out to create an app that would outshine global giants like Revolut and Monzo. Their mission was clear: to develop a 'one-stop-shop' app for all banking services, one that combined cutting-edge technology with user-centric design.

The Philanthropic Visionary

Beyond the world of technology and business, Jussi is also known as an avid philanthropist. He believes in the power of giving back and making a positive impact on society. His commitment to philanthropy has touched lives and inspired others to do the same. But Jussi's passions extend even further. He's not just a visionary in the digital realm; he's also a construction enthusiast. In an incredible testament to his tenacity, he built his dream castle with his own hands in just 11 months. This ambitious undertaking embodies his belief that work often begins when everyone else says, "It's impossible."

A Conversation with Jussi Teeriaho

Recently, I had the privilege of sitting down with Jussi for an insightful conversation. We delved into his remarkable career, his innovative approach to business leadership, and his unwavering commitment to his vision. Jussi shared valuable insights on what it takes to develop a 'one-stop-shop' app for all banking services, the unique entrepreneurial environment in Scandinavia, the importance of a wide distribution channel for new product launches, the fundamentals of successful fundraising, and much more.
He also emphasized the significance of habits and mindsets that foster success, the essential role of a 'work-life' balance for personal well-being, and the importance of fast reading in enhancing learning and personal productivity.

Advice to Young Entrepreneurs from Jussi

As our conversation concluded, Jussi offered heartfelt advice to young entrepreneurs embarking on their own journeys:

1. Embrace Curiosity: Never stop asking questions, especially the ones that begin with "Why don't we...?" Curiosity is the spark that ignites innovation.

2. Timing Matters: Recognize that timing can be as important as the idea itself. Be attuned to market dynamics and seize opportunities when they arise.

3. Invest Wisely: Don't just invest in businesses; invest in partnerships that align with your vision. Collaborations can open doors to groundbreaking projects.

4. Efficiency is Key: Focus on making processes more efficient. In today's fast-paced world, speed can be a competitive advantage.

5. Give Back: Remember to give back to society. Philanthropy isn't just about making money; it's about making a positive impact on the world.

6. Believe in the Impossible: When everyone else says it's impossible, that's when your work truly begins. Embrace challenges as opportunities.

Jussi's journey—from the snowy trails of Lapland to the forefront of innovation—is a testament to the power of vision, determination, and a belief in the extraordinary. His story serves as an inspiration to all those who dare to dream and innovate.

Fighting the Frozen Waters: A Lesson in Resilience

In Jussi's remarkable journey, even the most harrowing moments became lessons in resilience. Some years ago, while ice skating on a frozen lake, he encountered a life-threatening accident. A fall into the frozen water left him fighting for his life for a staggering 15 minutes before a helicopter rescue saved him.

This near-death experience reinforced in Jussi a lesson that had guided his entire life: never give up. It was a testament to his indomitable spirit and his unwavering determination to overcome even the most daunting challenges.

Jussi's life story is not just one of entrepreneurial success; it's a testament to the power of resilience, innovation, and the unshakable belief that, as he often says, "It's impossible until it's done."

A Journey of Resilience and Innovation

Jussi Teeriaho's life story is one of resilience and innovation. From pioneering technology to transforming industries, he has defied the odds and left an indelible mark on the world. Even a near-death experience couldn't extinguish his spirit; it only fueled his determination to make the impossible possible.

MobiBank, his latest venture, is already making waves in the financial industry.

They've signed a groundbreaking deal with a mobile phone manufacturer to preinstall MobiBank on all their phones globally, marking a significant step toward their mission of revolutionizing banking accessibility.
Jussi's just moved to Florida from Monaco and his latest venture MobiBank is considering to be listing in the OTC in USA and seeks investors, more information: www.mobibank.fi and www.mobibank.us
His vision for a borderless, accessible banking experience drives him forward, and he invites others to join him in this transformative endeavor.

As Jussi looks ahead, he sees a world where banking knows no borders, where financial services are truly accessible to anyone and everywhere.