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MONITue, 31st May 2016 07:48
(Adds details, analyst comment, share movement) By Richa Naidu Jan 22 (Reuters) - Monitise Plc, a British mobile banking technology company, said it was reviewing its strategic options and warned that full-year revenue would be below its expectations, blaming its transition to a subsc
Read more(Adds details, analyst comment, share movement) By Richa Naidu Jan 22 (Reuters) - Monitise Plc, a British mobile banking technology company, said it was reviewing its strategic options and warned that full-year revenue would be below its expectations, blaming its transition to a subsc
Read moreMobile banking technology provider Monitise could put itself up for sale after warning that sales growth would be flat in the full year. The AIM-listed company, which is in the midst of transforming its business to a product-based recurring revenue model, said full year revenue was expected to be be
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Jan 22 (Reuters) - Monitise Plc, a British mobile banking technology company, said it was reviewing its strategic options and warned on full-year revenue, blaming its transition to a subscription-based business model. The company said it had appointed Moelis & Co to conduct the review. <
Read moreMobile payments group Monitise has signed a seven-year deal with Virgin Money to help develop its digital banking services. The agreement, which extends a commercial relationship between the two companies that has been in place since December 2013, will see Virgin use Monitise's Mobile Money network
Read moreLONDON, Nov 27 (Reuters) - Spain's Banco Santander has bought a 5 percent stake in mobile banking business Monitise that values the company at $1 billion and shows the increasing focus banks are putting on mobile payments. Mobile banking has boomed in Europe in the last two years, with a s
Read moreBritish holding company Monitise PLC said Santander Group, Telefónica Group and MasterCard have agreed to subscribe for 161.3m new shares in the mobile payments company. The firm added that the agreement will raise £49.2m, giving Santander 108.2m new shares and a 5.1% stake in the company, while Tel
Read more** The mobile payments processing company's shares jumps as much as 17.2 pct after it said it was in talks with Santander Group, Telefonica and MasterCard Inc to support the growth of its global platform. ** The three companies will invest 49.2 mln pounds in Monitise in exchange for an 8.
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