Shares in Monitise plunged by more than 15% in morning trading after the mobile money firm cut its full year revenue growth forecast for the second time.
Monitise has acquired discount network Markco Media for a total of up to £55 million as it bids to add retailer offers to its mobile money platform.
Monitise (LSE: MONI), a global leader in Mobile Money solutions, today announced the expansion of Monitise Create, the company's mobile innovation, design and development services, into North America.
Monitise (LSE: MONI), a global leader in Mobile Money - banking, paying and buying with a mobile device - today announces a new partnership with Yapı Kredi Bank, one of Turkey's largest banks, to offer Nuvo - a 'branchless banking' service with mobile commerce capabilities.
Monitise has brought in former Visa executive Elizabeth Buse to act as co-CEO, looking after day-to-day operations at the mobile money firm while founder Alastair Lukies focuses on managing outside relationships.
Eurasian Bank today announced the launch of its groundbreaking new mobile banking service, designed and developed by Monitise Create, a division of leading global Mobile Money provider Monitise PLC.
Monitise (LSE: MONI), a global leader in Mobile Money - banking, paying and buying with a mobile device - today announces a new partnership with First Gulf Bank to launch new mobile banking services to consumers in the Middle East.
Monitise plc (LSE: MONI, "Monitise" or the "Company"), a global leader in Mobile Money solutions, announces that Tom Houghton has been appointed as a Non-Executive Director of the Company with immediate effect.
Virgin Money Giving has launched a new App for Apple and Android mobile phones, to support fundraisers who want to 'give on the go'. The App will help keep users close to their fundraising efforts and motivate them to raise even more money for good causes.
Monitise has raised around £109 million in a share-placing which sees MasterCard take a minority stake in the mobile money firm.
© Finextra Research 2014