MOBI724 Global Solutions Inc. (CSE: MOS) Signs a Commercial Agreement With Credicorp Bank to Implement Its Card-Linked Offers & Rewards Platform
Momentum Public Relations
Press Release: January 23, 2018
MOBI724 Global Solutions Inc. (“MOBI724” or the “Company”) (CSE:MOS), (OTCQB:MOBIF), a FinTech leader offering integrated EMV payment, Card-Linked Offers, Digital Marketing and Business Intelligence Solutions, entered into an commercial agreement with Credicorp Bank S.A. (“CrediCorp Bank”), a leading Panamanian Bank, to provide MOBI724’s suite of integrated Loyalty Solutions, including Card-Linked Offers & Rewards, Digital Marketing and Business Intelligence Solutions, through the Visa Loyalty and Offers Platform.
MOBI724’s Card-Linked Offers & Rewards platform will allow members of Credicorp Bank’s Benefits and Loyalty Programme the possibility to redeem their points directly at the Point of Sale of participating retailers, using their credit cards in a single transaction and in a seamless customer experience, as well as the immediate redemption of discounts and coupons at the Point of Sale when using their credit card; leveraging MOBI724’s integration and connectivity with the Visa Offers Platform.
Marcel Vienneau, CEO of MOBI724, stated “We are very excited about the opportunity to launch our platform with our first client in Panama. By leveraging MOBI724’s integration and connectivity to the Visa Offers Platform, we are able to provide Credicorp Bank with our innovative Card-Linked Offers and Rewards Platform. This, in turn, will allow Credicorp Bank to maximize cardholders’ purchase activity and to generate incremental revenues for the bank”.
Raul Reyes, VP of Cards and Payment Systems for Credicorp Bank, stated “We strongly believe that through our alliance with MOBI724 Card-Linked Offers and Rewards Platform, we will be able to give our customers an innovative and seamless user experience for redeeming their rewards”.
About MOBI724 Global Solutions
“We enable smart transactions anywhere”
MOBI724, a leader in the FinTech industry based in Montreal (Canada), offers a unique and fully integrated suite of payment, digital marketing and business intelligence solutions with a combined EMV Payment, Card Linked Offers, and Digital Marketing & Business Intelligence platform that works on any card and any mobile device. MOBI724’s solutions add value to all types of transactions benefiting banks, retailers and cardholders by leveraging available user and purchasing data to increase transaction volumes and spend. MOBI724 provides a turnkey solution to its clients to capture card transactions on any mobile device, at any point of sale or from any payment card. MOBI724 provides its customers with full and comprehensive traceability and enriched consumer data through its offering. Its solutions enable card associations, retailers, manufacturers, offer providers, mobile operators and card issuers to create, manage, deliver and “track and measure” incentive campaigns worldwide to any mobile device and allow its redemption at any point of sales.
About Credicorp Bank
Established in 1992, Credicorp Bank is a full-service Panamanian banking institution and one of the most important in the country. Credicorp Bank is part of CREDICORP FINANCIAL GROUP, which is composed of 7 subsidiaries in the areas of banking, insurance, investments, asset management and Hydroelectric ventures.
Cutting edge technologies has been their hallmark and throughout the past two decades have been constantly innovating, striving to offer customized products and services to meet the financial needs of their clients.
Their strong performance in recent years earned them the BEST COMMERCIAL BANK IN PANAMA 2012 award, granted by the prestigious WORLD FINANCE magazine.
Legal Disclaimer
Certain statements in this document, including those which express management’s expectations or estimations with regard to the Company’s future performance, constitute “forward-looking statements” as understood by applicable securities laws. Forward-looking statements are, of necessity, based on a certain number of estimates and hypotheses; while management considers these to be accurate at the time they are expressed, they are inherently subject to significant uncertainties and risks on the commercial, economic and competitive levels. We advise readers that these forward-looking statements are subject to risks, uncertainties, and other known and unknown factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied in these forward-looking statements. Investors are advised to not rely unduly on the forward-looking statements. This advisory applies to all forward-looking statements, whether expressed orally or in writing, attributed to the Company or to any individual expressing them in the name of the Company. Unless required by law, the Company is under no obligation to publicly update these forward-looking statements, whether to reflect new information, future events, or other circumstances.
The Canadian Securities Exchange (CSE) has not reviewed this news release and does not accept responsibility for its adequacy or accuracy. This news release does not constitute a solicitation to buy or sell any securities in the United States.
For further information, please visit MOBI724.com or contact:
Investor Relations:
Mr. Andreas Curkovic
Proconsul Capital Ltd.
T: 416-577-9927;
E: andreascurkovic@sympatico.ca
- Published in Mobi724 Global Solutions, Technology
MOBI724 Global Solutions Signs an Agreement With Kia Canada
Momentum Public Relations
Press Release: November 30, 2017
MONTREAL, Nov. 30, 2017 (GLOBE NEWSWIRE) — MOBI724 Global Solutions Inc. (“MOBI724” or the “Company”) (CSE:MOS) (OTCQB:MOBIF), a Fintech leader offering all in one fully integrated EMV payment, Card-Linked Offers, Digital Marketing and Business Intelligence Solutions, is pleased to announce that iQ724 Inc. (“iQ7/24”), a wholly owned subsidiary of MOBI724, has signed an agreement with Kia Canada Inc. (“KIA”) (OTC:KIMTF), a leading automotive brand in Canada, to modernize KIA’s loyalty platform and convert its network of 200 dealerships to a virtual terminal for the issuance and redemption of loyalty points. iQ7/24 has operated KIA’s loyalty program during the last 8 years managing over 300,000 members through a First-in-Class points system and offer/reward redemption process. This redesign of the program will eliminate the need for a physical loyalty card and include a Business Intelligence engine directly integrated with real-time dashboards.
“It is a privilege for our team to continue to have the opportunity to work with a leading brand such as KIA. The fact that KIA has asked us to redesign their loyalty program so as to implement our modern fully integrated suite of Loyalty & Business Intelligence Solutions is a testament to KIA’s desire to remain in the forefront of loyalty offerings and solutions,” declared Marcel Vienneau, President of iQ7/24 and CEO of MOBI724.
About Kia Canada
Kia Canada Inc. (www.kia.ca – www.facebook.com/kiacanada), a maker of quality vehicles for the young-at-heart, is a subsidiary of Kia Motors Corporation (KMC) which was founded in 1999 and sells and services high quality, class leading vehicles like the Soul, Forte, Optima and Sorento through a network of 190 dealers nationwide. Kia Canada Inc. employs 154 people in its Mississauga, Ontario headquarters and four regional offices across Canada, including a state-of-the-art facility in Montreal. Kia’s brand slogan “The Power to Surprise” represents the company’s global commitment to surprise the world by providing exciting & inspiring experiences that go beyond expectations.
For more information about Kia Canada and our products, please visit our Media Centre at KiaMedia.ca or contact:
Mark James
Corporate Communications Manager
Kia Canada Inc.
T: 905-755-6251; C: 416-660-3568; E: mjames@kia.ca
Maxime Surette
Product Communications Manager
Kia Canada Inc.
T: 905-755-6272; C: 416-316-3313; E : msurette@kia.ca
John Adzija
National Manager, Corporate Communications & Corporate Partnerships
Kia Canada Inc.
T: 905-755-6266; C: 905-301-6207; E: jadzija@kia.ca
About MOBI724
We enable smart transactions anywhere
MOBI724, a leader in the FinTech industry based in Montreal (Canada), offers a unique and fully integrated suite of payment, digital marketing and business intelligence solutions with a combined EMV Payment, Card Linked Offers, Digital Marketing & Business Intelligence platform that works on any card and any mobile device. MOBI724’s solutions add value to all types of transactions benefiting banks, retailers and cardholders by leveraging available user and purchasing data to increase transaction volumes and spend. MOBI724 provides a turnkey solution to its clients to capture card transactions on any mobile device, at any point of sale or from any payment card. MOBI724 provides its customers with full and comprehensive traceability and enriched consumer data through its offering. Its solutions enable card associations, retailers, manufacturers, offer providers, mobile operators and card issuers to create, manage, deliver and “track and measure” incentive campaigns worldwide to any mobile device and allow its redemption at any point of sales.
Forward-Looking Statements
Certain statements in this document, including those which express management’s expectations or estimations with regard to the Company’s future performance, constitute “forward-looking statements” as understood by applicable securities laws. Forward-looking statements are, of necessity, based on a certain number of estimates and hypotheses; while management considers these to be accurate at the time they are expressed, they are inherently subject to significant uncertainties and risks on the commercial, economic and competitive levels. We advise readers that these forward-looking statements are subject to risks, uncertainties, and other known and unknown factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied in these forward-looking statements. Investors are advised to not rely unduly on the forward-looking statements. This advisory applies to all forward-looking statements, whether expressed orally or in writing, attributed to the Company or to any individual expressing them in the name of the Company. Unless required by law, the Company is under no obligation to publicly update these forward-looking statements, whether to reflect new information, future events, or other circumstances.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
The Canadian Securities Exchange (CSE) has not reviewed this news release and does not accept responsibility for its adequacy or accuracy.
For further information about MOBI724 Global Solutions Inc., please visit MOBI724.com or contact:
Mr. Andreas Curkovic
Proconsul Capital Ltd.
T: 416-577-9927;
E: andreascurkovic@sympatico.ca
- Published in Financial Technology, Mobi724 Global Solutions, News Home, Technology
MOBI724 Global Solutions – Q3 FY 2017 Financial Release – Total Revenues Increased to $2.1M for Q3 2017
Momentum Public Relations
Press Release: November 29, 2017
MONTREAL, Nov. 29, 2017 (GLOBE NEWSWIRE) — MOBI724 Global Solutions Inc. (“MOBI724” or the “Company”) (CSE:MOS) (OTCQB:MOBIF), a FinTech leader offering all in one fully integrated EMV payment, Card-Linked Offers, Digital Marketing and Business Intelligence Solutions, today reported its financial results for the third quarter ending September 30, 2017.
Q3 2017 was a solid quarter for Mobi724 in many areas including the start of commercialization of the important Visa partnership, new sales contracts, a substantial increase in the sales pipeline, and a $1 million financing from BDC Capital to complement the Company’s already strong cash position.
MOBI724 announced that revenues for the nine months ended September 30, 2017 increased to $2.059 million from $1.924 million in the same period last year. In the important card linked offers vertical, revenue grew 61{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} to $462K. Card Linked Offers is the line of business where we expect significant growth, as the Visa Offers partnership began commercial rollout in late-2017 and is anticipated to start recording material transactional revenue by mid-year 2018.
The commercial roll-out of the Visa partnership, which started in October 2017, offers significant opportunities starting in Q2 2018 for MOBI724 including:
- Shortening of the sales cycle by enabling us to leverage Visa’s key accounts, contacts and card issuers.
- Opportunity to benefit from co-marketing and financial resources ear-marked by Visa for the implementation of MOBI724’s go-to-market strategy.
- First to market in the region.
The Company incurred an operating loss of $5.2M for the 9-months ended September 30, 2017 vs. a loss of $1.9M in 2016. Of this loss, $1.6M are non-cash charges relating mainly to amortization and share-based compensation. Though revenues increased period over period, this increase was more than offset by increased operating expenses related to higher labour costs, business development and IT activities as well as increased professional fees related to the April financing.
The higher net loss is related to the increase in the operating loss and higher non-cash accounting charges at $4.7M primarily associated with the increase in fair value adjustment on liability for the acquisition of Mobi724 Solutions Inc.
The Company continues to seek opportunities to enhance cost efficiencies. As such, the digital marketing team was moved to the Company’s head office in Q3, helping to reduce costs and improve cash flow going forward.
The Company ended Q3 2017 with $5.9M of cash.
Key Highlights for 2017 include:
- Completed an oversubscribed $10M private placement (Q2 2017)
- Completed acquisitions (iQ 7/24 Inc. and Mobi724 Solutions Inc.) (Q2 2017)
- Completed USA stock listing (OTC-QB) (Q2 2017)
- Increased sales and IT teams with experienced and talented resources (Q2 and Q3 2017)
- Payment gateway and POS certification achieved in the Philippines (Q3 2017)
- Integration of Mobi724’s platform with Visa Offers Platform and start of co-marketing/commercial rollout with Visa (Q4 2017)
- TSXV application process in an advanced stage and expected completion in Q1 2018
- Number of payment cards under contract has doubled in 2017 (from 4 to 8 million)
- Commenced commercialization in Q3 2017 of the co-marketing partnership with CrediBanco (the largest payment processor in Columbia) to integrate Mobi724’s card linked offers platform with CrediBanco’s payment card issuers and merchants
- Solid sales pipeline for Q4 2017 and FY 2018
CEO Marcel Vienneau stated: “With the successful integration of the Visa Offers Platform, we have started commercial roll-out in LatAM. With the completion of the $10.3 million private placement, we are fully funded and focused on securing growth, delivery on existing contracts, and building out our infrastructure and management team.” The CEO also noted that “we are confident that Q4 2017 will be our strongest quarter yet in terms of revenue and we remain extremely bullish on the prospects for strong growth in FY 2018 as revenues from the commercial rollout of the Visa partnership kick in.”
About MOBI724
We enable smart transactions anywhere
MOBI724, a leader in the FinTech industry based in Montreal (Canada), offers a unique and fully integrated suite of payment & digital marketing solutions with a combined EMV Payment, Card Linked Offers, Digital Marketing & Business Intelligence platform that works on any card and any mobile device. MOBI724’s solutions add value to all types of transactions benefiting banks, retailers and cardholders by leveraging available user and purchasing data to increase transaction volumes and spend. MOBI724 provides a turnkey solution to its clients to capture card transactions on any mobile device, at any point of sale or from any payment card. MOBI724 provides its customers with full and comprehensive traceability and enriched consumer data through its offering. Its solutions enable card associations, retailers, manufacturers, offer providers, mobile operators and card issuers to create, manage, deliver and “track and measure” incentive campaigns worldwide to any mobile device and allow its redemption at any point of sales.
Forward-Looking Statements
Certain statements in this document, including those which express management’s expectations or estimations with regard to the Company’s future performance, constitute “forward-looking statements” as understood by applicable securities laws. Forward-looking statements are, of necessity, based on a certain number of estimates and hypotheses; while management considers these to be accurate at the time they are expressed, they are inherently subject to significant uncertainties and risks on the commercial, economic and competitive levels. We advise readers that these forward-looking statements are subject to risks, uncertainties, and other known and unknown factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied in these forward-looking statements. Investors are advised to not rely unduly on the forward-looking statements. This advisory applies to all forward-looking statements, whether expressed orally or in writing, attributed to the Company or to any individual expressing them in the name of the Company. Unless required by law, the Company is under no obligation to publicly update these forward-looking statements, whether to reflect new information, future events, or other circumstances.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
The Canadian Securities Exchange (CSE) has not reviewed this news release and does not accept responsibility for its adequacy or accuracy.
For further information contact:
Proconsul Capital Ltd.
Andreas Curkovic
416-577-9927
- Published in Financial Technology, Mobi724 Global Solutions, News Home, Technology
MOBI724 Global Solutions Signs an Agreement With Yuzu Sushi
Momentum Public Relations
Press Release: November 20, 2017
MONTREAL, Nov. 20, 2017 (GLOBE NEWSWIRE) — MOBI724 Global Solutions Inc. (“MOBI724” or the “Company”) (CSE:MOS) (OTCQB:MOBIF), a Fintech leader offering all in one fully integrated EMV payment, Card-Linked Offers, Digital Marketing and Business Intelligence Solutions is pleased to announce that iQ7/24 Inc. (“iQ7/24”) a wholly owned subsidiary of MOBI724, has signed an agreement with Gestion Yuzu Inc. (“YUZU”), a leading franchiser of sushi restaurants in Eastern Canada, to completely redesign, modernize and operate Yuzu’s existing loyalty/digital marketing program.
“We are very excited to include a top brand like YUZU Sushi among our client portfolio. As iQ7/24 takes on the role of program operator, we look forward to working with YUZU Sushi in the redesign of their entire loyalty/digital marketing program through the adoption and implementation of our modern and fully integrated suite of Loyalty & Business Intelligence Solutions,” said Marcel Vienneau, President of iQ7/24 and CEO of MOBI724.
About Yuzu Sushi
From its beginnings in 2002 in Quebec City, Yuzu Sushi is one of the fastest growing sushi restaurant franchises in Eastern Canada with over 60 locations. They offer two concepts: storefront restaurant and instore center in supermarkets. For more information, visit: www.yuzusushi.ca
About Mobi724 Global Solutions
“We enable smart transactions anywhere”
MOBI724, a leader in the Fintech industry based in Montreal (Canada), offers a unique and fully integrated suite of payment, digital marketing and business intelligence solutions with a combined EMV Payment, Card Linked Offers, and Digital Marketing platform that works on any card and any Mobile device. MOBI724’s solutions add value to all types of transactions benefiting banks, retailers and cardholders by leveraging available user and purchasing data to increase transaction volumes and spend. MOBI724 provides a turnkey solution to its clients to capture card transactions on any Mobile device, at any point of sale or from any payment card. MOBI724 provides its customers with full and comprehensive traceability and enriched consumer data through its offering. Its solutions enables card associations, retailers, manufacturers, offer providers, Mobile operators and card issuers to create, manage, deliver and “track and measure” incentive campaigns worldwide to any Mobile device and allow its redemption at any point of sales.
Certain statements in this document, including those which express management’s expectations or estimations with regard to the Company’s future performance, constitute “forward-looking statements” as understood by applicable securities laws. Forward-looking statements are, of necessity, based on a certain number of estimates and hypotheses; while management considers these to be accurate at the time they are expressed, they are inherently subject to significant uncertainties and risks on the commercial, economic and competitive levels. We advise readers that these forward-looking statements are subject to risks, uncertainties, and other known and unknown factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied in these forward-looking statements. Investors are advised to not rely unduly on the forward-looking statements. This advisory applies to all forward-looking statements, whether expressed orally or in writing, attributed to the Company or to any individual expressing them in the name of the Company. Unless required by law, the Company is under no obligation to publicly update these forward-looking statements, whether to reflect new information, future events, or other circumstances.
The Canadian Securities Exchange (CSE) has not reviewed this news release and does not accept responsibility for its adequacy or accuracy. This news release does not constitute a solicitation to buy or sell any securities in the United States.
For further information
MOBI724 Global Solutions Inc.
Marcel Vienneau 1-514-394-5200 x 413
www.mobi724globalsolutions.com
- Published in Financial Technology, Mobi724 Global Solutions, News Home, Technology
MOBI724 Global Solutions Inc. Announces Successful Processing of Card-Linked Transactions Through Visa Offers Platform
Momentum Public Relations
Press Release: November 14, 2017
MONTREAL, Nov. 14, 2017 (GLOBE NEWSWIRE) — MOBI724 Global Solutions Inc. (MOBI724) (CSE:MOS)(OTCQB:MOBIF), a Fintech leader offering an all in one fully integrated EMV payment, Card-Linked Offers, Digital Marketing and Business Intelligence Solutions announces it has completed the integration of its Solutions with the Visa Offers Platform (“VOP”) and has successfully processed Card-Linked transactions through VOP in Canada, the USA and Latin America.
Marcel Vienneau, CEO of MOBI724 Global Solutions Inc. stated: “We are extremely happy to begin processing Visa Card-Linked Offers and Rewards by capturing the transactions in several of our key markets following the completion of the comprehensive integration and testing process with the Visa Offers Platform announced earlier this year. This achievement marks the initiation of our commercial rollout of the Card-Linked Offers Solution via the Visa Offers Platform in several important regions. We are very excited to extend this solution to our customers and we are confident this will secure further market growth for MOBI724 in those regions.”
About MOBI724 Global Solutions
MOBI724, a leader in the Fintech industry based in Montreal (Canada), offers a unique and fully integrated suite of payment & digital marketing solutions with a combined EMV Payment, Card Linked Offers, and Digital Marketing platform that works on any card and any mobile device. MOBI724’s solutions add value to all types of transactions benefiting banks, retailers and cardholders by leveraging available user and purchasing data to increase transaction volumes and spend. MOBI724 provides a turnkey solution to its clients to capture card transactions on any mobile device, at any point of sale or from any payment card. MOBI724 provides its customers with full and comprehensive traceability and enriched consumer data through its offering. Its solutions enable card associations, retailers, manufacturers, offer providers, mobile operators and card issuers to create, manage, deliver and “track and measure” incentive campaigns worldwide to any mobile device and allow redemption at any point of sale.
Forward Looking Statements
Certain statements in this document, including those which express management’s expectations or estimations with regard to the Company’s future performance, constitute “forward-looking statements” as understood by applicable securities laws. Forward-looking statements are, of necessity, based on a certain number of estimates and hypotheses; while management considers these to be accurate at the time they are expressed, they are inherently subject to significant uncertainties and risks on the commercial, economic and competitive levels. We advise readers that these forward-looking statements are subject to risks, uncertainties, and other known and unknown factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied in these forward-looking statements. Investors are advised to not rely unduly on the forward-looking statements. This advisory applies to all forward-looking statements, whether expressed orally or in writing, attributed to the Company or to any individual expressing them in the name of the Company. Unless required by law, the Company is under no obligation to publicly update these forward-looking statements, whether to reflect new information, future events, or other circumstances.
The Canadian Securities Exchange (CSE) has not reviewed this news release and does not accept responsibility for its adequacy or accuracy. This news release does not constitute a solicitation to buy or sell any securities in the United States.
For further information
MOBI724 Global Solutions Inc.
Marcel Vienneau 1-514-394-5200 x 413
www.MOBI724globalsolutions.com
- Published in Financial Technology, Mobi724 Global Solutions, News Home, Technology
Mobi724 Global Solutions Inc. Signs MOU with First Global Data
Momentum Public Relations
Press Release: October 31, 2017
MONTREAL, Oct. 31, 2017 (GLOBE NEWSWIRE) — Mobi724 Global Solutions Inc. (“MOBI724” or the “Company”) (CSE:MOS) (OTCQB:MOBIF)- a Fintech leader offering all in one fully integrated EMV payment, card link couponing and digital marketing solutions, announces that it has entered into a Memorandum of Understanding with First Global Data Limited (“First Global”) (TSX-Venture:FGD) (Frankfurt Stock Exchange:1G5) for the deployment of First Global’s alternative payment service in the Philippines and targeted countries in Latin America.
First Global is a Fintech company with proprietary leading edge technology that enables the convergence of compliant domestic and cross border payments, shopping, Peer to Peer (“P2P”), Business to Consumer (“B2C”), and Business to Business (“B2B”) payments.
The anticipated parameters of the going forward relationship for the deployment of the alternative payment service are as follows:
- Mobi724 will leverage its base of customers to cross sell and to offer remittance payout services through Point of Sales connected to Mobi724’s payment gateway and a mobile wallet.
- First Global will integrate its platform with Mobi724’s payment gateway to provide a unique compliant trans-border system with a mobile wallet platform in the target countries, thus adding new payment capabilities for Mobi724’s acquirers and their respective merchants.
- Mobi724 will provide cash access flexibility via the mobile wallet which will include cash load and bills payment domestically in the target countries.
- First Global will customize an on-boarding experience for Mobi724’s customers.
- Revenues are expected to be shared between Mobi724 and First Global on a 50/50 per transaction basis.
- Final deal terms and conditions will be outlined in the definitive agreement prior to the companies launching the service.
The companies are working together towards the conclusion of a definitive agreement and expect completion of the first phase before the end of Q4, 2017.
“As we continue to gain momentum in the Philippines and LATAM, we believe that the addition of these value-added alternative payment solutions to our pipeline will increase revenues and complete our offering. Partnering with global innovators, such as First Global Data, is part of our growth strategy and has served us well in the past.” says CEO of Mobi724 – Marcel Vienneau
“Mobi724 has significant penetration in the Philippines and Latin America including key strategic relationships with banks. The objective is for First Global and Mobi724 to provide alternative payment solutions for these target banks and to facilitate cross-border remittances and payments inbound and domestically within these countries. The Philippines and Latin America are existing and active corridors for First Global, and we view this relationship with Mobi724 as an accelerator to drive incremental transactional growth, while at the same time being a major contributor to our global strategy,” says Andre Itwaru, Chairman and CEO of First Global Data Limited.
ABOUT First Global Data Ltd. (www.firstglobaldata.com)
First Global is an international financial services technology (“FINTECH”) company. First Global’s two main lines of business are mobile payments and cross border payments. First Global’s proprietary leading edge technology enables the convergence of compliant domestic and cross border payments, shopping, Peer to Peer (“P2P”), Business to Consumer (“B2C”), and Business to Business (“B2B”) payments. First Global enables its strategic partners and clients around the world with our leading edge financial services technology platform.
Mobi724 Global Solutions Inc. (www.mobi724.com)
MOBI724, a leader in the fintech industry based in Montreal (Canada), offers a unique and fully integrated suite of payment & digital marketing solutions with a combined EMV Payment, Card Linked Offers, and Digital Marketing platform that works on any card and any Mobile device. MOBI724’s solutions add value to all types of transactions benefiting banks, retailers and cardholders by leveraging available user and purchasing data to increase transaction volumes and spend. MOBI724 provides a turnkey solution to its clients to capture card transactions on any Mobile device, at any point of sale or from any payment card. MOBI724 provides its customers with full and comprehensive traceability and enriched consumer data through its offering. Its solutions enable card associations, retailers, manufacturers, offer providers, Mobile operators and card issuers to create, manage, deliver and “track and measure” incentive campaigns worldwide to any Mobile device and allow its redemption at any point of sales.
Forward-Looking Statements
Certain statements in this document, including those which express management’s expectations or estimations with regard to the Company’s future performance, constitute “forward-looking statements” as understood by applicable securities laws. Forward-looking statements are, of necessity, based on a certain number of estimates and hypotheses; while management considers these to be accurate at the time they are expressed, they are inherently subject to significant uncertainties and risks on the commercial, economic and competitive levels. We advise readers that these forward-looking statements are subject to risks, uncertainties, and other known and unknown factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied in these forward-looking statements. Investors are advised to not rely unduly on the forward-looking statements. This advisory applies to all forward-looking statements, whether expressed orally or in writing, attributed to the Company or to any individual expressing them in the name of the Company. Unless required by law, the Company is under no obligation to publicly update these forward-looking statements, whether to reflect new information, future events, or other circumstances.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
The Canadian Securities Exchange (CSE) has not reviewed this news release and does not accept responsibility for its adequacy or accuracy.
Contacts:
MOBI724 Global Solutions Inc.
Marcel Vienneau
1-514-394-5200 x 413
www.MOBI724.com
- Published in Mobi724 Global Solutions, Mobile Technology, News Home, Technology
MOBI724 Global Solutions Inc. Announces its Intention to Apply to List its Shares on the TSXV
MOBI724 Global Solutions Inc. Announces its Intention to Apply to List its Shares on the TSXV
Momentum Public Relations
Press Release: July 25, 2017
MONTREAL, QUEBEC–(Marketwired – July 25, 2017) – MOBI724 Global Solutions Inc. (“MOBI724” or the “Company“) (CSE:MOS)(CSE:MOS.CN)(CNSX:MOS)(OTCQB:MOBIF), a fintech leader offering all in one fully integrated EMV payment, card link couponing and digital marketing solutions, announces its intention to apply immediatly to list its shares on the Toronto Stock Venture Exchange (TSXV).
“During our funding efforts in the first quarter of 2017, many of our investors requested that the Company list its shares on the TSXV. As announced last Friday, that the Company had filed and received a receipt for its final short form prospectus. The completion of this very important step shows that the Board of Directors and the management of the Company continue to take steps towards the eventual attainment of this milestone.” Says Marcel Vienneau, CEO MOBI724.
About MOBI724 Global Solutions
MOBI724, a leader in the fintech industry based in Montreal (Canada), offers a unique and fully integrated suite of payment & digital marketing solutions with a combined EMV Payment, Card Linked Offers, and Digital Marketing platform that works on any card and any mobile device. MOBI724’s solutions add value to all types of transactions benefiting banks, retailers and cardholders by leveraging available user and purchasing data to increase transaction volumes and spend. MOBI724 provides a turnkey solution to its clients to capture card transactions on any mobile device, at any point of sale or from any payment card. MOBI724 provides its customers with full and comprehensive traceability and enriched consumer data through its offering. Its solutions enable card associations, retailers, manufacturers, offer providers, mobile operators and card issuers to create, manage, deliver and “track and measure” incentive campaigns worldwide to any mobile device and allow its redemption at any point of sales.
Forward Looking Statements
Certain statements in this document, including those which express management’s expectations or estimations with regard to the Company’s future performance, constitute “forward-looking statements” as understood by applicable securities laws. Forward-looking statements are, of necessity, based on a certain number of estimates and hypotheses; while management considers these to be accurate at the time they are expressed, they are inherently subject to significant uncertainties and risks on the commercial, economic and competitive levels. We advise readers that these forward-looking statements are subject to risks, uncertainties, and other known and unknown factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied in these forward-looking statements. Investors are advised to not rely unduly on the forward-looking statements. This advisory applies to all forward-looking statements, whether expressed orally or in writing, attributed to the Company or to any individual expressing them in the name of the Company. Unless required by law, the Company is under no obligation to publicly update these forward-looking statements, whether to reflect new information, future events, or other circumstances.
The Canadian Securities Exchange (CSE) has not reviewed this news release and does not accept responsibility for its adequacy or accuracy.
MOBI724 Global Solutions Inc.
Marcel Vienneau
1-514-394-5200 x 413
www.mobi724globalsolutions.com
- Published in Financial Technology, Mobi724 Global Solutions, Mobile Technology, News Home, Technology
MOBI724 Global Solutions Inc. Announces Filing and Receipt for Final Short Form Prospectus
MOBI724 Global Solutions Inc. Announces Filing and Receipt for Final Short Form Prospectus
Momentum Public Relations
Press Release: July 21, 2017
MONTREAL, QUEBEC–(Marketwired – July 21, 2017) – MOBI724 Global Solutions Inc. (“MOBI724” or the “Company“) (CSE:MOS)(CSE:MOS.CN)(CNSX:MOS)(OTCQB:MOBIF), a fintech leader offering all in one fully integrated EMV payment, card link couponing and digital marketing solutions, announces that yesterday it filed and received a receipt for its final prospectus qualifying the 29,538,203 common shares of the Company (“Common Shares“) and 14,769,101 Common Share purchase warrants (“Purchase Warrants“) issuable upon the exercise of the 29,538,203 special warrants (“Special Warrants“) previously issued by MOBI724 on April 21, 2017, at a price of $0.35 per Special Warrant, for aggregate gross proceeds of $10,338,371.05. As a result, the Special Warrants will automatically be exercised in accordance with their terms and the underlying Common Shares and Warrants will be issued to the holders of the Special Warrants.
For more information, please visit www.mobi724globalsolutions.com.
About MOBI724 Global Solutions
MOBI724, a leader in the fintech industry based in Montreal (Canada), offers a unique and fully integrated suite of payment & digital marketing solutions with a combined EMV Payment, Card Linked Offers, and Digital Marketing platform that works on any card and any mobile device. MOBI724’s solutions add value to all types of transactions benefiting banks, retailers and cardholders by leveraging available user and purchasing data to increase transaction volumes and spend. MOBI724 provides a turnkey solution to its clients to capture card transactions on any mobile device, at any point of sale or from any payment card. MOBI724 provides its customers with full and comprehensive traceability and enriched consumer data through its offering. Its solutions enables card associations, retailers, manufacturers, offer providers, mobile operators and card issuers to create, manage, deliver and “track and measure” incentive campaigns worldwide to any mobile device and allow its redemption at any point of sales.
Forward Looking Statements
Certain statements in this document, including those which express management’s expectations or estimations with regard to the Company’s future performance, constitute “forward-looking statements” as understood by applicable securities laws. Forward-looking statements are, of necessity, based on a certain number of estimates and hypotheses; while management considers these to be accurate at the time they are expressed, they are inherently subject to significant uncertainties and risks on the commercial, economic and competitive levels. We advise readers that these forward-looking statements are subject to risks, uncertainties, and other known and unknown factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied in these forward-looking statements. Investors are advised to not rely unduly on the forward-looking statements. This advisory applies to all forward-looking statements, whether expressed orally or in writing, attributed to the Company or to any individual expressing them in the name of the Company. Unless required by law, the Company is under no obligation to publicly update these forward-looking statements, whether to reflect new information, future events, or other circumstances.
The Canadian Securities Exchange (CSE) has not reviewed this news release and does not accept responsibility for its adequacy or accuracy.
MOBI724 Global Solutions Inc.
Marcel Vienneau
1-514-394-5200 x 413
www.mobi724globalsolutions.com
- Published in Financial Technology, Mobi724 Global Solutions, News Home, Technology
MOBI724 Global Solutions inc. Announces Completion of System Integration Test Certification for Local EMV Debit Cards in the Philippines
MOBI724 Global Solutions inc. Announces Completion of System Integration Test Certification for Local EMV Debit Cards in the Philippines
Momentum Public Relations
Press Release: July 20, 2017
MONTREAL, QUEBEC–(Marketwired – July 20, 2017) – Mobi724 Global Solutions Inc. (CSE:MOS)(CSE:MOS.CN)(CNSX:MOS)(OTCQB:MOBIF), a Fintech leader offering integrated EMV payment, card-linked offers and digital marketing, via its subsidiary Mobi724 Asia Inc., announces that its transaction switch host has completed the System Integration Certification (“SIT”) with the local debit EMV schemes in the Philippines. This first certification step successfully confirmed the host connectivity, security, EMV transaction capability and settlement of MOBI724’s solution. This is the first step of a complete process involving MOBI724’s technology. Subsequent steps, which are normally completed in days, are expected to commence next week and will involve a third-party Point-of-Sale (“POS”) provider. The certification is on behalf of local clients in the Philippines who will use MOBI724 solutions to roll out a full EMV solution.
“Today we are proud to confirm our ability to process EMV transactions via our transaction switch host. This certification also confirms the flexibility of our solutions as they can be adapted so as to process local debit transactions in foreign markets” says Marcel Vienneau, CEO, Mobi724. “The next certification step is expected to commence next week with a POS manufacturer. Once completed, we will deploy our EMV end-to-end hosted solution in the Philippines with existing clients that require this certification.”
About Mobi724 Global Solutions
Mobi724, a leader in the fintech industry based in Montreal (Canada), offers a unique and fully integrated suite of payment & digital marketing solutions with a combined EMV Payment, Card Linked Offers, and Digital Marketing platform that works on any card and any mobile device. Mobi724’s solutions add value to all types of transactions benefiting banks, retailers and cardholders by leveraging available user and purchasing data to increase transaction volumes and spend. Mobi724 provides a turnkey solution to its clients to capture card transactions on any mobile device, at any point of sale or from any payment card. Mobi724 provides its customers with full and comprehensive traceability and enriched consumer data through its offering. Its solutions enables card associations, retailers, manufacturers, offer providers, mobile operators and card issuers to create, manage, deliver and “track and measure” incentive campaigns worldwide to any mobile device and allow its redemption at any point of sales.
Forward-Looking Statements
Certain statements in this document, including those which express management’s expectations or estimations with regard to the Company’s future performance, constitute “forward-looking statements” as understood by applicable securities laws. Forward-looking statements are, of necessity, based on a certain number of estimates and hypotheses; while management considers these to be accurate at the time they are expressed, they are inherently subject to significant uncertainties and risks on the commercial, economic and competitive levels. We advise readers that these forward-looking statements are subject to risks, uncertainties, and other known and unknown factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied in these forward-looking statements. Investors are advised to not rely unduly on the forward-looking statements. This advisory applies to all forward-looking statements, whether expressed orally or in writing, attributed to the Company or to any individual expressing them in the name of the Company. Unless required by law, the Company is under no obligation to publicly update these forward-looking statements, whether to reflect new information, future events, or other circumstances.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
The Canadian Securities Exchange (CSE) has not reviewed this news release and does not accept responsibility for its adequacy or accuracy.
MOBI724 Global Solutions Inc.
Marcel Vienneau
1-514-394-5200 x 413
www.mobi724.com
- Published in Mobi724 Global Solutions, Mobile Technology, News Home, Technology
MOBI724 Global Solutions Inc. Welcomes Two Veterans to its Senior Executive Management Team to accelerate growth in the USA and secure deliveries in our markets
MOBI724 Global Solutions Inc. Welcomes Two Veterans to its Senior Executive Management Team to accelerate growth in the USA and secure deliveries in our markets
Momentum Public Relations
Press Release: June 19, 2017
MONTREAL, QUEBEC–(Marketwired – June 19, 2017) – MOBI724 Global Solutions Inc. (MOBI724) (CSE:MOS)(CSE:MOS.CN)(CNSX:MOS)(OTCQB:MOBIF), a FinTech leader offering integrated EMV payment, Card-Linked Offers and Digital Marketing, today announced that Michael Schuck had joined the company as Chief Sales Officer (CSO) and Johnny Hawa has taken the position as Chief Operating Officer (COO).
Michael Schuck has more than 30 years of experience in banking and financial services. Most recently, Mr. Schuck was President of Omnico Solutions, a consulting company representing innovative companies in the financial services industry. Previously, Michael spent 16 years with MBNA as a Senior Executive Vice President and member of their Senior Operating Committee where he held numerous senior level positions including Head of Sales and Head of Financial Institutions (white labelling of credit cards for over 2000 Banks and Credit Unions). Earlier in his career, he worked at both Avon Products and Investors Retirement and Management Corporation, an investment firm. Michael has held a number of financial services licenses and holds both a BBA (Accounting) and an MBA (Finance) from Iona College in New Rochelle, New York.
Johnny Hawa, Co-founder of MOBI724 Solutions (Couponing) has more than 25 years of experience in setting up organizations focused on sales and delivery. Mr Hawa is a natural & successful entrepreneur backed by a solid 16 years career in Ericsson starting in Montreal where he serviced the American and Asian markets, followed by Spain to service Europe, the Middle East and Africa and finally out of Argentina to cover Latin America. Johnny has been responsible for several successful platform deployments during the rollout of the prepaid, IN and multimedia solutions in Asia, EMEA and Latam as part of the large Telecom networks rollout projects. His last mandate in Ericsson was to head the Multimedia & Systems Integration sales for Latin America. Mr. Hawa has a long track record in delivering quality solutions and services to the customers. For the past 5 years Mr Hawa has been MOBI724’s VP for Latam and Head of Operations in the same region securing the initial rollout of MOBI724’s solutions in that region and ensuring a high level of customer satisfaction. Johnny is a Computers and Communications Engineer, with an MSc. in Telecom from the INRS-Université du Quebec.
“We are delighted to welcome both Michael and Johnny to MOBI724’s senior executive management team,” says Marcel Vienneau, CEO, MOBI724. “Our company is in the midst of significant growth and in order to optimally manage these opportunities and projects, we need to reassign and recruit exceptionally talented and dedicated individuals. Our ability to attract and retain such capable individuals is also a testament to the strength of our business model and the completeness of our vision. On behalf of the MOBI724 team, I would like to congratulate Johnny for his new assignment and offer Michael a very warm welcome.”
About MOBI724
MOBI724, a leader in the fintech industry based in Montreal (Canada), offers a unique and fully integrated suite of payment & digital marketing solutions with a combined EMV Payment, Card Linked Offers, and Digital Marketing platform that works on any card and any mobile device. MOBI724’s solutions add value to all types of transactions benefiting banks, retailers and cardholders by leveraging available user and purchasing data to increase transaction volumes and spend. MOBI724 provides a turnkey solution to its clients to capture card transactions on any mobile device, at any point of sale or from any payment card. MOBI724 provides its customers with full and comprehensive traceability and enriched consumer data through its offering. Its solutions enables card associations, retailers, manufacturers, offer providers, mobile operators and card issuers to create, manage, deliver and “track and measure” incentive campaigns worldwide to any mobile device and allow its redemption at any point of sales.
Forward Looking Statements
Certain statements in this document, including those which express management’s expectations or estimations with regard to the Company’s future performance, constitute “forward-looking statements” as understood by applicable securities laws. Forward-looking statements are, of necessity, based on a certain number of estimates and hypotheses; while management considers these to be accurate at the time they are expressed, they are inherently subject to significant uncertainties and risks on the commercial, economic and competitive levels. We advise readers that these forward-looking statements are subject to risks, uncertainties, and other known and unknown factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied in these forward-looking statements. Investors are advised to not rely unduly on the forward-looking statements. This advisory applies to all forward-looking statements, whether expressed orally or in writing, attributed to the Company or to any individual expressing them in the name of the Company. Unless required by law, the Company is under no obligation to publicly update these forward-looking statements, whether to reflect new information, future events, or other circumstances.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
The Canadian Securities Exchange (CSE) has not reviewed this news release and does not accept responsibility for its adequacy or accuracy.
MOBI724 Global Solutions Inc.
Marcel Vienneau
CEO
1-514-394-5200 x 413
www.MOBI724.com
- Published in Financial Technology, Mobi724 Global Solutions, News Home, Technology