Mobi724 Global Solutions Inc. Signs Commercial Agreement with Banco Macro
MOBI724 Global Solutions Inc.’s (CSE:MOS) subsidiary, Mobi724 S.R.L. signs a commercial agreement with Banco Macro to provide its oneSwipe Card-Linked-Offers Solution
– Momentum Public Relations –
Press Release: December 07, 2016
Innovative oneSwipe Card-Linked Offers Solution for Banco Macro’s more than 2.5 million credit cardholders
MOBI724 Global Solutions Inc. (“MOBI724” or the “Company”) (CSE:MOS) (CSE:MOS.CN), a Fintech leader offering all in one fully integrated EMV payment, card link couponing and digital marketing – MOBI724 S.R.L. an Argentine corporation, a wholly owned subsidiary of MOBI724 Global Solutions Inc., has signed a commercial agreement with Banco Macro to implement, integrate, maintain and support MOBI724’s oneSwipe Card-Linked-Offers solution for Banco Macro’s card holder base.
MOBI724’s innovative oneSwipe Card-Linked-Offers patent pending solution will allow Banco Macro’s cardholders, to redeem their offers directly at the Point of Sale of participating retailers, in a seamless customer experience.
Banco Macro will also benefit from MOBI724’s other solutions and services such as Data Analytics & Business Intelligence.
Marcel Vienneau CEO of MOBI724 stated “We are thrilled to be able to provide one of the largest and fastest growing top 5 banks in the country, with our state of the art card-linked-offers & BI platform, and we are looking forward to working with the bank so they can truly leverage the full potential of our solution for the benefits of their card holders”.
About Banco Macro
Macro is the only Bank that can show 58 consecutive quarters with profit. It is the first Bank in domestic private capitals. The Bank’s net income totaled Ps.1.8 billion in the second quarter of 2016. This result was 28{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} higher than the Ps.1.4 billion posted in the first quarter of 2016 and 119{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} higher than the Ps.824.2 million reported in the second quarter of 2015. In the second quarter of 2016, Banco Macro’s financing to the private sector grew 13{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} quarter over quarter and increased 37{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} year over year.
About Mobi724 Global Solutions
MOBI724 Global Solutions Inc. (CSE:MOS), a leader in the Fintech industry based in Montreal (Canada), offers a unique and fully integrated suite of Payment & Digital Marketing solutions.
We are innovating in our market with a combined EMV Payment, Card Linked Offers, and Digital Marketing platform that works on any card and any mobile device. We pioneered in adding intelligence to all types of transactions benefiting banks, retailers and cardholders. We succeed in leveraging all 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. Our easy-to-adapt gateway Switch is designed for easy integration with all payment protocols in our target markets.
Within the same solution suite we combined our Card Linked Offers solution, and provided financial institutions´ payment card portfolios and retailers the ability to add offers and/or coupons which can be redeemed directly at the Point of Sale, in a seamless user experience for all the parties in the eco-system.
MOBI724 Global Solutions unleashes the true potential of both payment and card-linked couponing/rewards transactions for both online and offline points of sale (POS).
The Corporation 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.
Our credit and debit EMV payment solutions will allow banks to process end to end EMV transactions, focusing on authentication, approved security and quick merchant adoption which allows the users to process payments with a wide range of devices over a secure and seamless transaction.
MOBI724’s PCI and EMV cloud-based switch, with their device agnostic connectivity, simplifies deployment and integration, and introduces new payment and digital incentives solutions to the market enabling multi layered intelligent transactions therefore SMART TRANSACTIONS.
- Published in Financial Technology, Mobi724 Global Solutions, Mobile Technology, News Home
Mobi724 Global Solutions Inc. (CSE:MOS) announces initial coverage by WallStreet Research
Mobi724 Global Solutions Inc. (CSE:MOS) announces initial coverage by WallStreet Research
– Momentum Public Relations –
Press Release: December 06, 2016
MOBI724 Global Solutions Inc. (“MOBI724” or the “Company”) (CSE:MOS)(CSE:MOS.CN), a Fintech leader offering all in one fully integrated EMV payment, card link couponing and digital marketing announced the initiation of coverage by WallStreet Research™ (WSR).
WallStreet Research™ (WSR), a top-ranked independent research firm with a history spanning over three decades, announced that it has initiated Corporate Profile coverage on Mobi724 Global Solutions Inc.
The recent WSR Corporate Profile highlights new accomplishments and growth plans under the guidance of the current management and it’s Board of Directors. MOBI724 is innovating in the FinTech space by offering solutions that add intelligence to all types of transactions benefiting banks, retailers and cardholders.
WSR reports that the market for MOBI724 is rapidly growing and the Company is well positioned for great growth. WSR notes that the Company operates in a global market and that MOBI724 has completed a 3-year strategic plan, which includes monetization of the firm’s solutions in Asia, Latin America, North America and the Caribbean. In 2015 the three major FinTech niches – Payments, Solutions and Technology – all beat the broader market with close to a 14{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} rate of return. FinTech M&A volume also increased with 195 announced deals and a median deal value of $74 Million in 2015. With the industry seeing 7x growth, WSR conservatively factored a similar multiple of annual trailing revenue and took into consideration that the Company also has a tax loss carry forward of $8 million dollars. Utilizing these factors brings Mobi724 into an approximate $23 million dollar valuation (approximately four times the current level). WSR feels that Mobi724 is well positioned in a fast and explosive industry and has strong potential to meet guidance of over 100{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} growth next year. The full report can be viewed at the following link address: http://wallstreetresearch.org/reports/MOBI724_FINAL.pdf
About WallStreet Research™
WallStreet Research™ (“WSR”) is a prominent research boutique led by Mr. Alan Stone, Managing Director of Alan Stone & Company, LLC (ASC). The firm specializes in the microcap and small cap investment arena, looking for emerging growth companies with strong management, unique or proprietary technology, significant market potential, financial strength, and outstanding long-term earnings growth possibilities. Mr. Stone was formerly a securities analyst and assistant portfolio manager at Merrill Lynch Asset Management, an investment analyst at Prudential Financial’s Capital Markets Group, and an investment banker with Ladenburg Thalmann & Company. The firm has offices in Los Angeles, CA, Palm Beach, FL, and New York City, NY, and is well known for discovering undervalued companies and bringing them to the attention of the investment community. ASC/WSR also arranges road shows for its publicly traded clients, before the investment community in New York City, California and Florida. Information on WallStreet Research™ can be found at www.WallStreetResearch.org
About Mobi724 Global Solutions
MOBI724 Global Solutions Inc. (CSE:MOS), a leader in the Fintech industry based in Montreal (Canada), offers a unique and fully integrated suite of Payment & Digital Marketing solutions.
We are innovating in our market with a combined EMV Payment, Card Linked Offers, and Digital Marketing platform that works on any card and any mobile device. We pioneered in adding intelligence to all types of transactions benefiting banks, retailers and cardholders. We succeed in leveraging all 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. Our easy-to-adapt gateway Switch is designed for easy integration with all payment protocols in our target markets.
Within the same solution suite we combined our Card Linked Offers solution, and provided financial institutions´ payment card portfolios and retailers the ability to add offers and/or coupons which can be redeemed directly at the Point of Sale, in a seamless user experience for all the parties in the eco-system.
MOBI724 Global Solutions unleashes the true potential of both payment and card-linked couponing/rewards transactions for both online and offline points of sale (POS).
The Corporation 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.
Our credit and debit EMV payment solutions will allow banks to process end to end EMV transactions, focusing on authentication, approved security and quick merchant adoption which allows the users to process payments with a wide range of devices over a secure and seamless transaction.
MOBI724’s PCI and EMV cloud-based switch, with their device agnostic connectivity, simplifies deployment and integration, and introduces new payment and digital incentives solutions to the market enabling multi layered intelligent transactions therefore SMART TRANSACTIONS.
- Published in Financial Technology, Mobi724 Global Solutions, Mobile Technology, News Home, Technology
Mobi724 Global Solutions Inc. (CSE:MOS) files application for OTCQB joint listing
Mobi724 Global Solutions Inc. (CSE:MOS) files application for OTCQB joint listing in New York
– Momentum Public Relations –
Press Release: December 5, 2016
MOBI724 Global Solutions Inc. (“MOBI724” or the “Company”) (CSE:MOS)(CSE:MOS.CN), a Fintech leader offering all in one fully integrated EMV payment, card link couponing and digital marketing, has filed its application to jointly list the company on the OTCQB venture markets platform.
“Following interest from US investors, brokers and investment bankers, the company has decided to proceed with co listing application of the company on the OTCQB venture markets. We are optimistic that this initiative will give our company more visibility in a market where the Fintech sector is thriving. We want to leverage the additional visibility that this platform will give us in the small cap audience across the border. This is an important part of our 2017 strategy to get more visibility of our company to this target audience. We believe that this could bring more efficiencies to our stock trading as well. I am doing a multi city investor road show in the USA this week to kick off this initiative” says Marcel Vienneau – CEO.
About OTC Markets Group
Empowering the Intelligent Investor
OTC Markets Group’s financial markets provide investors with the information necessary to intelligently analyze, value and trade 10,000 U.S. and global securities through the broker of their choice.
To create clarity in the investment process, we organize these securities into three tiered markets – OTCQX, OTCQB and Pink – based on the quality and quantity of information the companies make available.
Our markets empower companies to provide the levels of transparency necessary to create more efficient markets. Together with our SEC regulated Alternative Trading System, OTC Link® ATS, the combined transparency and transactional efficiency creates a compelling trading experience for investors.
OTC Markets Group provides services in three areas essential to creating better informed and more efficient financial marketplaces: Issuer Services, Trading Services, and Market Data Services.
OTC Markets Group (OTCQX: OTCM) is a public company traded on OTCQX under the symbol OTCM.
Please see our Investor Relations section for more information on OTC Markets Group.
About Mobi724 Global Solutions
MOBI724 Global Solutions Inc. (CSE:MOS), a leader in the Fintech industry based in Montreal (Canada), offers a unique and fully integrated suite of Payment & Digital Marketing solutions.
We are innovating in our market with a combined EMV Payment, Card Linked Offers, and Digital Marketing platform that works on any card and any mobile device. We pioneered in adding intelligence to all types of transactions benefiting banks, retailers and cardholders. We succeed in leveraging all 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. Our easy-to-adapt gateway Switch is designed for easy integration with all payment protocols in our target markets.
Within the same solution suite we combined our Card Linked Offers solution, and provided financial institutions´ payment card portfolios and retailers the ability to add offers and/or coupons which can be redeemed directly at the Point of Sale, in a seamless user experience for all the parties in the eco-system.
MOBI724 Global Solutions unleashes the true potential of both payment and card-linked couponing/rewards transactions for both online and offline points of sale (POS).
The Corporation 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.
Our credit and debit EMV payment solutions will allow banks to process end to end EMV transactions, focusing on authentication, approved security and quick merchant adoption which allows the users to process payments with a wide range of devices over a secure and seamless transaction.
MOBI724’s PCI and EMV cloud-based switch, with their device agnostic connectivity, simplifies deployment and integration, and introduces new payment and digital incentives solutions to the market enabling multi layered intelligent transactions therefore SMART TRANSACTIONS.
For more information on its products and on MOBI724 Global Solutions, visit www.mobi724globalsolutions.com.
- Published in Financial Technology, Mobi724 Global Solutions, Mobile Technology, News Home, Technology
Mobi724 Global Solutions Inc. (MOS:CSE) Q3 financial release – revenues increase by 707
Mobi724 Global Solutions Inc. (CSE:MOS) Q3 financial release – revenues increase by 707{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} and net loss decrease by 13{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} over 9 months
– Momentum Public Relations –
Press Release: November 30, 2016
MOBI724 Global Solutions Inc. (“MOBI724” or the “Company”) (CSE:MOS) (CSE:MOS.CN), a Fintech leader offering all in one fully integrated EMV payment, card link couponing and digital marketing, has filed its Q3 financial results for quarter ending on September 30 2016.
Nine-Month Year-to-Date 2016 Highlights
- Revenue grew 707{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} to $1.924M in 2016 from $272K in 2015
- Net operating loss decreased by 13{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} to $1.885M from $2.160M in 2015
Nine-month period | ||||
2016 | 2015 | |||
$ | $ | |||
Revenues | 1 924 243 | 271 505 | ||
Total operating expenses | 3 808 859 | 2 432 043 | ||
Operating income (loss) | (1 884 616 | ) | (2 160 538) | |
Net financial expenses (income) | 771 074 | (78 780) | ||
Net income (loss) before income taxes | (2 655 690 | ) | (2 081 758) | |
Income tax expense (recovery) | 5 554 | 5 327 | ||
Recovery of deferred tax | (101 940 | ) | (101 940) | |
(96 386 | ) | (96 613) | ||
Net income (loss) | (2 559 304 | ) | (1 985 145) | |
Earnings (loss) per share (Note 12) | ||||
Basic and diluted | (0,03 | ) | (0,04) | |
Weighted average number of outstanding common shares (Note 12) | ||||
Basic and Diluted | 100 739 716 | 55 458 265 |
“These results reconfirms that our value creation strategy is gaining momentum. Our progress in our sales pipeline is such that we believe that 2017 will be a banner year for the company. We are about embarking on a USA and Canadian road shows to the investment communities so that they can better understand and appreciate our growth trajectory. We are expanding our talent pool and new key team members will be announced soon. The management and the board have focused on setting the stage for solid value creation in the coming year” says Marcel Vienneau – CEO.
About Mobi724 Global Solutions
MOBI724 Global Solutions Inc. (CSE:MOS), a leader in the Fintech industry based in Montreal (Canada), offers a unique and fully integrated suite of Payment & Digital Marketing solutions.
We are innovating in our market with a combined EMV Payment, Card Linked Offers, and Digital Marketing platform that works on any card and any mobile device. We pioneered in adding intelligence to all types of transactions benefiting banks, retailers and cardholders. We succeed in leveraging all 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. Our easy-to-adapt gateway Switch is designed for easy integration with all payment protocols in our target markets.
Within the same solution suite we combined our Card Linked Offers solution, and provided financial institutions´ payment card portfolios and retailers the ability to add offers and/or coupons which can be redeemed directly at the Point of Sale, in a seamless user experience for all the parties in the eco-system.
MOBI724 Global Solutions unleashes the true potential of both payment and card-linked couponing/rewards transactions for both online and offline points of sale (POS).
The Corporation 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.
Our credit and debit EMV payment solutions will allow banks to process end to end EMV transactions, focusing on authentication, approved security and quick merchant adoption which allows the users to process payments with a wide range of devices over a secure and seamless transaction.
MOBI724’s PCI and EMV cloud-based switch, with their device agnostic connectivity, simplifies deployment and integration, and introduces new payment and digital incentives solutions to the market enabling multi layered intelligent transactions therefore SMART TRANSACTIONS.
- Published in Financial Technology, Mobi724 Global Solutions, Mobile Technology, News Home, Technology
MOBI724 Global Solutions (MOS:CSE) Closes $ 750,000 Private Placements
MOBI724 Global Solutions (CSE:MOS) Closes $ 750,000 Private Placements
– Momentum Public Relations –
Press Release: October 7, 2016
MOBI724 Global Solutions Inc. (“MOBI724” or the “Company”) (CSE:MOS)(CSE:MOS.CN), a Fintech leader offering all in one fully integrated EMV payment, card link couponing and digital marketing is pleased to announce that on October 5, 2016, it has successfully closed a first tranche equity private placement in the aggregate amount of $250,000.00 dollars by issuing 5,000,000 common shares (“Shares”) at $0.05. The private placement included a conversion of bona fide debt in the amount of $25,344.51. For each common share received, the subscribers were issued one common share purchase warrant at an exercise price of $0.15 exercisable on or before August 31st, 2018 after which they shall expire.
The Company has also closed a secured convertible debenture (“Convertible Debenture”) private placement in the amount of $500,000.00. The Convertible Debenture will (i) mature on March 30, 2018 (the “Maturity Date”), (ii) bear interest at a rate of 8 {92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} per annum, (iii) be convertible at the option of the holder into common shares of the Company (the “Shares”) on or prior to the expiry of the Term at a price of $0.15 (the “Conversion Price”) and (iv) be secured by the receivables of the Company limited to 20{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} of the gross revenues. Payments shall be effected every 6 months and shall be limited to 10{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} of the gross revenues collected and the holder shall have the option to be paid in cash or convert into Shares at the Conversion Price. The Company has the option to redeem the Convertible Debentures at any time prior to the expiry of the Term without penalty. Due to pari passu provisions in an existing and outstanding debenture recently issued to an institutional investor, the Company is also granting the same security in favour of the existing debenture holder.
The Shares and Convertible Debenture were sold pursuant to exemptions from prospectus requirements to purchasers in Canada and are subject to a hold period of four months and one day following the closing of the private placement. The Shares are listed on the Canadian Securities Exchange (CSE). The Company will use the net proceeds to support project deployments of the Company’s solution, for ongoing obligations and for working capital requirements. Since August 31, 2016, the Company has raised $ 2.25 million dollars and is currently working on closing another tranche of funding this month as previously announced.
The Company also announces that it recently ended its relationship with its current CFO-COO and that Mr. Michel David Pereira CPA CA will continue to execute the quarterly consolidated financials with internal accounting staff. The CEO, Marcel Vienneau stated that “we are currently concentrating our efforts in soliciting new team members.”
About Mobi724 Global Solutions
MOBI724 Global Solutions Inc. (CSE:MOS)(CSE:MOS.CN), a leader in the Fintech industry based in Montreal (Canada), offers a unique and fully integrated suite of Payment & Digital Marketing solutions.
We are innovating in our market with a combined EMV Payment, Card Linked Offers, and Digital Marketing platform that works on any card and any mobile device. We pioneered in adding intelligence to all types of transactions benefiting banks, retailers and cardholders. We succeed in leveraging all 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. Our easy-to-adapt gateway Switch is designed for easy integration with all payment protocols in our target markets.
Within the same solution suite we combined our Card Linked Offers solution, and provided financial institutions´ payment card portfolios and retailers the ability to add offers and/or coupons which can be redeemed directly at the Point of Sale, in a seamless user experience for all the parties in the eco-system.
MOBI724 Global Solutions unleashes the true potential of both payment and card-linked couponing/rewards transactions for both online and offline points of sale (POS).
The Corporation 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.
Our credit and debit EMV payment solutions will allow banks to process end to end EMV transactions, focusing on authentication, approved security and quick merchant adoption which allows the users to process payments with a wide range of devices over a secure and seamless transaction.
MOBI724’s PCI and EMV cloud-based switch, with their device agnostic connectivity, simplifies deployment and integration, and introduces new payment and digital incentives solutions to the market enabling multi layered intelligent transactions therefore SMART TRANSACTIONS.
For more information on its products and on MOBI724 Global Solutions, visit www.mobi724globalsolutions.com.
- Published in Financial Technology, Mobi724 Global Solutions, Mobile Technology, News Home
MOBI724 Global Solutions (MOS:CSE) Announces $1.0 Million Financing
MOBI724 Global Solutions (MOS:CSE) Announces $1.0 Million Financing
– Momentum Public Relations –
Press Release: September 6, 2016
MOBI724 Global Solutions Inc. (“MOBI724” or the “Company”) (MOS:CSE), a Fintech leader offering all in one fully integrated EMV payment, card link couponing and digital marketing is pleased to announce that it has authorized and is currently seeking to close private placements in the aggregate amount of 1 million dollars by issuing a maximum of 20,000,000 common shares at $0.05 per share including the discounts allowed by CSE policies. The subscribers shall also be issued one common share purchase warrant for every common share issued at an exercise price of $0.15 exercisable on or before August 31st, 2018 after which they shall expire. The common shares shall be sold pursuant to exemptions from prospectus requirements to purchasers in Canada and will be listed on the Canadian Securities Exchange (CSE). The proceeds received will be utilized to support solution deployments as well as supporting the Company’s working capital requirements.
About Mobi724 Global Solutions
MOBI724 Global Solutions Inc. (CSE:MOS), a leader in the Fintech industry based in Montreal (Canada), offers a unique and fully integrated suite of Payment & Digital Marketing solutions.
We are innovating in our market with a combined EMV Payment, Card Linked Offers, and Digital Marketing platform that works on any card and any mobile device. We pioneered in adding intelligence to all types of transactions benefiting banks, retailers and cardholders. We succeed in leveraging all 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. Our easy-to-adapt gateway Switch is designed for easy integration with all payment protocols in our target markets.
Within the same solution suite we combined our Card Linked Offers solution, and provided financial institutions´ payment card portfolios and retailers the ability to add offers and/or coupons which can be redeemed directly at the Point of Sale, in a seamless user experience for all the parties in the eco-system.
MOBI724 Global Solutions unleashes the true potential of both payment and card-linked couponing/rewards transactions for both online and offline points of sale (POS).
The Corporation 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.
Our credit and debit EMV payment solutions will allow banks to process end to end EMV transactions, focusing on authentication, approved security and quick merchant adoption which allows the users to process payments with a wide range of devices over a secure and seamless transaction.
MOBI724’s PCI and EMV cloud-based switch, with their device agnostic connectivity, simplifies deployment and integration, and introduces new payment and digital incentives solutions to the market enabling multi layered intelligent transactions therefore SMART TRANSACTIONS.
For more information on its products and on MOBI724 Global Solutions, visit www.mobi724globalsolutions.com.
- Published in Mobi724 Global Solutions, Mobile Technology, News Home
MOBI724 Global Solutions Inc.’s (CSE:MOS) Signs a Commercial Agreement with FiRe Advertainment to Provide its Mobile Coupons Platform for the Coca-Cola For Me Platform
MOBI724 Global Solutions Inc.’s (CSE:MOS) Subsidiary MOBI724 S.R.L. Signs a Commercial Agreement with FiRe Advertainment to Provide its Mobile Coupons Platform for the Coca-Cola For Me Platform
– Momentum Public Relations –
Press Release: August 20, 2016
Innovative mobile coupons solution with redemption at Point of Sale for the Coca-Cola For Me Platform
MOBI724 Global Solutions Inc. (“MOBI724” or the “Company”) (CSE:MOS), a Fintech leader offering all in one fully integrated EMV payment, card link couponing and digital marketing – MOBI724 S.R.L. an Argentine corporation, a wholly owned subsidiary of MOBI724 Global Solutions Inc., has signed a commercial agreement with FiRe Advertainment to implement, integrate, maintain and support MOBI724’s mobile coupons patent pending solution with redemption at Point of Sale for the Coca-Cola For Me Platform.
MOBI724’s innovative mobile patent pending couponing solution will allow the users of the Coca-Cola For Me mobile app, to redeem their rewards (bubbles) directly at the Points of Sale of participating retailers, in a seamless customer experience.
MOBI724 will also provide other solutions and services such as Data Analytics, BI & Reporting.
Marcel Vienneau CEO of MOBI724 stated “We are very excited to be able to provide our platform to manage and allow the mobile patent pending coupons’ redemption at Point of Sale, for the Coca-Cola For Me program members, alongside FiRe Advertainment, to leverage our state of the art mobile couponing & digital marketing platform.”
Santiago Vernengo Executive Director of FiRe Argentina said: “This project is very important to our Company and having MOBI724 as our partner is a guarantee that it will be a success.”
About FiRe Advertainment:
FiRe Advertainment is an independent Network that operates in 11 countries, specialized in the development and implementation of Brand Content solutions, Real Time Content and advertising, for a lot of prestigious brands and companies, among which Coca-Cola occupies the main place. The platform, Coca-Cola For Me, demanded two years of development and it is being implemented simultaneously in 4 countries of Latin America.
About Mobi724 Global Solutions
MOBI724 Global Solutions Inc. (CSE:MOS), a leader in the Fintech industry based in Montreal (Canada), offers a unique and fully integrated suite of Payment & Digital Marketing solutions.
We are innovating in our market with a combined EMV Payment, Card Linked Offers, and Digital Marketing platform that works on any card and any mobile device. We pioneered in adding intelligence to all types of transactions benefiting banks, retailers and cardholders. We succeed in leveraging all 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. Our easy-to-adapt gateway Switch is designed for easy integration with all payment protocols in our target markets.
Within the same solution suite we combined our Card Linked Offers solution, and provided financial institutions´ payment card portfolios and retailers the ability to add offers and/or coupons which can be redeemed directly at the Point of Sale, in a seamless user experience for all the parties in the eco-system.
MOBI724 Global Solutions unleashes the true potential of both payment and card-linked couponing/rewards transactions for both online and offline points of sale (POS).
The Corporation 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.
Our credit and debit EMV payment solutions will allow banks to process end to end EMV transactions, focusing on authentication, approved security and quick merchant adoption which allows the users to process payments with a wide range of devices over a secure and seamless transaction.
MOBI724’s PCI and EMV cloud-based switch, with their device agnostic connectivity, simplifies deployment and integration, and introduces new payment and digital incentives solutions to the market enabling multi layered intelligent transactions therefore SMART TRANSACTIONS.
For more information on its products and on MOBI724 Global Solutions, visit www.mobi724globalsolutions.com.
- Published in Financial Technology, Mobi724 Global Solutions, Mobile Technology, News Home, Technology
Mobi724 Global Solutions Inc. (MOS:CSE) Releases Revenues Increase by 800
Mobi724 Global Solutions Inc. (MOS:CSE) Releases Revenues Increase by 800{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} and Net Loss Decrease by 43{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} Over 6 Months and Adds New Board Member
– Momentum Public Relations –
Press Release: August 5th, 2016
MOBI724 Global Solutions Inc. (“MOBI724” or the “Company”)(CSE:MOS), a Fintech leader offering all in one fully integrated EMV payment, card link couponing and digital marketing, has filed its Q2 financial results for quarter ending on June 30 2016.
Six-Month Year-to-Date 2016 Highlights
- Revenue grew 800{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} to $1.283M in 2016 from $161K in 2015
- Net loss decreased by 43{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} to ($1.6M) from ($2.8M) in 2015
Mobi724 Global Solutions Inc. | Six-month period | |||
(in $’000) | 2016 | 2015 | ||
$ | $ | |||
Revenues | 1 283 | 161 | ||
Operating Expenses | 2 716 | 1 876 | ||
Operating Income (Loss) | (1 433) | (1 716) | ||
Other Expenses (Income) | 260 | 1 161 | ||
Income Tax Expense (Recovery) | (68) | (65) | ||
Net Income (Loss) | (1 626) | (2 811) | ||
Loss per share | (0,02) | (0,06) | ||
Weighted Average Number Shares | 99 196 720 | 45 418 190 |
Second Quarter 2016 Highlights
- Revenue grew 30{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce}: $725K in Q2 2016 vs $557K in Q1 2016
- Net loss decrease by 31{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce}: ($662K) in Q2 2016 vs ($962K) in Q1 2016
“These great results confirms that we have set the stage for value creation of the company. I am very confident with the progress of sales pipeline and customer approval in the targeted markets for our solutions is gaining traction. As well, we are focused on completing the funding with our partners so we can continue our rapid growth in line with our strategic plan” said Marcel Vienneau – CEO
The board is pleased to announce that Andre Halley will join the board. Andre has extensive career as an executive with companies such as Bell Canada – Bell Mobility – Teleglobe Canada as regional VP for Europe and Africa, CEO of TIW Asia of Hong Kong, CEO of Ooreedo Algeria, board member of European Data Communications, Skywave Communications, Chairman of Cassiot, Executive Chairman of Prevtech Mircobia Inc., Chairman of the advisory board of 2KIC INC. “I am very happy that Andre is joining our board and that he will leverage his extensive network in Asia Pacific and Middle East to actively market the licenses of our solutions in those regions. His strategic views will add value to our governance” said CEO – Marcel Vienneau
About Mobi724 Global Solutions
MOBI724 Global Solutions Inc. (CSE:MOS), a Fintech corporation based in Montreal (Canada), offers a unique and fully integrated suite of solutions PAYMENT – COUPONING – DIGITAL MARKETING (all in one), is a leader in the Fintech industry.
Our vision is to enhance the value of commoditized payment transactions to the players in this eco- system (card associations, banks, mobile carriers and retailers) by adding layers of intelligence to these card- linked transactions (i.e. smart transactions) in a seamless manner for all the players in the eco-system.
MOBI724 Global Solutions unleashes the true potential of both payment and card-linked couponing/rewards transactions for both online and offline points of sale (POS).
The Corporation 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.
Our credit and debit EMV payment solutions will allow banks to process end to end EMV transactions, focusing on authentication, approved security and quick merchant adoption which allows the users to process payments with a wide range of devices over a secure and seamless transaction.
MOBI724’s PCI and EMV cloud-based switch, with their device agnostic connectivity, simplifies deployment and integration, and introduces new payment and digital incentives solutions to the market enabling multi layered intelligent transactions therefore SMART TRANSACTIONS.
- Published in Financial Technology, Mobi724 Global Solutions, Mobile Technology, News Home, Technology
Mobi724 Global Solutions Inc. (MOS:CSE) Signs Strategic Alliance with FutureBrand
MOBI724 S.A, Wholly Owned Subsidiary of Mobi724 Global Solutions Inc. (MOS:CSE) Signs Strategic Alliance with FutureBrand, Brand Strategy & Design Consultancy of the McCann-Erickson WorldGroup
– Momentum Public Relations – March 29, 2016
MOBI724 Global Solutions Inc. (“MOBI724” or the “Company”) (MOS:CSE), a Fintech technology leader in the digital incentives, couponing and payment space, announces that it has signed a Strategic Alliance with FutureBrand, a brand strategy & design consultancy of the McCann-Erickson WorldGroup, part of the Interpublic Group.
This global strategic alliance will enable MOBI724 to further expand its business and operations into 5 additional countries in Central and South America. The expansion will commence in Colombia where a leading processor is committed to market MOBI724 solutions. The additional countries are: Chile, Peru, Mexico and Argentina, where FutureBrand has offices and operations. MOBI724’s ability to provide mobility and traceability to payment card issuers and retailers, combined with FutureBrand’s market leadership will allow the joint venture to deliver and monetize MOBI724’s seamless payment card link @ POS transaction and digital marketing solutions.
Marcel Vienneau – CEO of MOBI724 stated “This partnership with FutureBrand illustrates a great opportunity for MOBI724, and will enable us to quickly expand our solutions deployment in Central and South America. Impressive results were attained at recent partnership meetings due to the dynamic efforts from FutureBrand and their eco-system, in positioning MOBI724’s solutions as unique and innovative solutions. We plan to develop a strong partnership to leverage both companies’ core competencies in this fast growing market.”
“We are very happy to engage with MOBI724 in this strategic alliance, which will enable us to enhance our digital offering and become market leaders in the digital couponing and incentives market in the countries where we operate.” says Luis Rey, Managing Partner FutureBrand.
About FutureBrand.
FutureBrand is the creative future company; a global brand and innovation company, part of the Interpublic Group. Through traditional branding skills and foresight, FutureBrand helps companies create the future for their brands and businesses.
Around the world, FutureBrand combines strategic thinking and creative inspiration to help clients create, build and manage brands. Whether branding a company, a product, a service or a movement FutureBrand believes that great results can only be achieved through a combination of inspiration and collaboration.
FutureBrand works in over 21 markets around the world with top international brands.
About MOBI724 Global Solutions
MOBI724 Global Solutions Inc. (MOS:CSE), a Fintech corporation based in Montreal (Canada), offers a unique and fully integrated suite of solutions – PAYMENT-COUPONING AND LOYALTY all in one, a leader in the Fintech industry.
Our vision is to enhance the value of commoditized payment transactions to the players in this eco-system (card associations, banks, mobile carriers and retailers) by adding layers of intelligence to these card-linked transactions (i.e. smart transactions) in a seamless manner for all the players in the eco-system.
MOBI724 Global Solutions unleashes the true potential of both payment and card-linked couponing/rewards transactions for both online and offline points of sale (POS).
The Corporation 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.
Our credit and debit EMV payment solutions will allow banks to process end to end EMV transactions, focusing on authentication, approved security and quick merchant adoption which allows the users to process payments with a wide range of devices over a secure and seamless transaction.
MOBI724’s PCI and EMV cloud-based switch, with their device agnostic connectivity, simplifies deployment and integration, and introduces new payment and digital incentives solutions to the market enabling multi layered intelligent transactions therefore SMART TRANSACTIONS.
For more information on its products and on MOBI724 Global Solutions, visit www.mobi724globalsolutions.com.
- Published in Financial Technology, Mobi724 Global Solutions, News Home, Technology
Mobi724 (MOS:CSE) Renews and Expands Contract with IRSA Argentina
Mobi724 S.A, a Wholly Owned Subsidiary of Mobi724 Global Solutions Inc. (CSE: MOS) Renews and Expands Further Its Contract With IRSA Argentina to Add New Card Link and Rewards Capabilities.
– Momentum Public Relations – March 22, 2016
Mobi724 Global Solutions Inc. (“Mobi724” or the “Company”) (CSE: MOS), a FINTECH technology leader in the digital incentives, couponing and payment segment, announces that it has renewed and expanded its yearly contract with IRSA Propiedades (“IRSA”) through its subsidiary Mobi724 S.R.L in Argentina.
Mobi724 continues to provide the existing platform and added new services and new programs to the previous contract, thus strengthening further its relationship with IRSA. Through the new contract, IRSA will be launching additional rewards programs throughout the country in most of its 15 shopping malls after the clear positive experience it had using the leading Mobi724 solutions and platform. The new programs will be launched during the next 12 months. IRSA has also signed on the business and intelligence reporting Mobi724 provides to be used as a tool for marketing and sales purposes. This SAAS (software as a service) model with a monthly fee and per transaction performance variable fee basis accommodates well this market segment.
Marcel Vienneau – CEO of Mobi724 Stated “We are extremely happy with the renewed contract and its expansion that reflects the high quality and value of our solutions and services and feel confident that we will keep our commitment to help our customers and IRSA in particular in its marketing strategy”.
Diego del Rio – Marketing Director of IRSA Stated “The solution provided by Mobi724 has helped us get more real-time insight of our customer focused programs, improved the user experience and provided us with the needed tools to support our marketing decisions for our more than 1200 retailers/merchants in our network”.
About IRSA.
In Argentina, IRSA Propiedades Comerciales owns and operates 15 of the largest shopping center, including: Abasto Shopping, Alto Avellaneda, Paseo Alcorta, Buenos Aires Design, Alto Palermo, Patio Bullrich, Dot Baires Shopping, Soleil Premium Outlet, Distrito Arcos, Córdoba Shopping, Mendoza Plaza Shopping, Alto Rosario, La Ribera Shopping, and Alto Noa Shopping
Recently IRSA has launched new card related discounts and rewards programs in several of its malls based on the success of its ongoing programs.
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About Mobi724 Global Solutions
Mobi724 Global Solutions Inc. (CSE: MOS), a Fintech corporation based in Montreal (Canada), offers a unique and fully integrated suite of solutions – PAYMENT-COUPONING AND LOYALTY all in one, a leader in the Fintech industry.
Our vision is to enhance the value of commoditized payment transactions to the players in this eco-system (card associations, banks, mobile carriers and retailers) by adding layers of intelligence to these card-linked transactions (i.e. smart transactions) in a seamless manner for all the players in the eco-system.
Mobi724 Global Solutions unleashes the true potential of both payment and card-linked couponing/rewards transactions for both online and offline points of sale (POS).
The Corporation 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.
Our credit and debit EMV payment solutions will allow banks to process end to end EMV transactions, focusing on authentication, approved security and quick merchant adoption which allows the users to process payments with a wide range of devices over a secure and seamless transaction.
Mobi724’s PCI and EMV cloud-based switch, with their device agnostic connectivity, simplifies deployment and integration, and introduces new payment and digital incentives solutions to the market enabling multi layered intelligent transactions therefore SMART TRANSACTIONS.
For more information on its products and on Mobi724 Global Solutions, visit www.mobi724globalsolutions.com.
- Published in Mobi724 Global Solutions, Mobile Technology, News Home, Technology