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Payments 2.0
Digital wallet, Mobile payments, Contactless payments, NFC payments, Mobile wallet, Mobile POS, Bill payments, Bitcoin, Virtual currency
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Monitise revenues rise but losses grow

Monitise revenues rise but losses grow | Payments 2.0 | Scoop.it
Monitise has posted a 31% rise in full year revenue but the mobile money firm's Ebitda losses widened as it took a short term hit on a decision to overhaul its business model.
Therese Torris's insight:

According to Crunchbase Monitise has raised over $250 million in post IPO equity

http://www.crunchbase.com/organization/monitise

 

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Monitise loss narrows; signs deal with Chinese bank - Reuters

"Monitise Plc's full-year loss narrowed and the British mobile banking technology company said it entered a deal with a unit of Bank of China ...

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Monitise and Visa launch mobile payments platform in India | Mobile content industry news | Mobile Entertainment

Monitise and Visa launch mobile payments platform in India | Mobile content industry news | Mobile Entertainment | Payments 2.0 | Scoop.it

" Mobile Payment Platformwill allow users to pay bills, buy tickets and top-up airtime."

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Monitise revenues soar but losses widen

Monitise revenues soar but losses widen | Payments 2.0 | Scoop.it
Share in Monitise fell 10% in morning trading after the mobile money outfit reported widening pre-tax losses despite a doubling of revenues.
Therese Torris's insight:

Growing revenue buy acquisitions, is Monetise one of those start-ups ?

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Mobile Payments Battlefield: Tech vs. Finance by Javelin Research [FREE WEBINAR]

Square. Paypal. Apple. Isis. Google. These are the names dominating the press when it comes to mobile payments. One major problem: the majority of these companies are unsuited to negotiate the nuanced waters of bank-grade finance and risk management...

 

Therese's comment: this is  free Webinar with Beth Robertson, Director of Payments Research at Javelin Research and Carl Tsukahara, Group Head Marketing at Monitise. I like the provocative way in which the topic is formulated. It sould be quite interesting.

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