Monitise plc is a world leader in Mobile Money - banking, paying and buying with a mobile device. Leading banks, payments companies, retailers, mobile networks and media owners use Monitise's technology platforms and services to securely connect people with their money in developed and emerging markets.
 
Monitise began in 2003 when founder Alastair Lukies recognised the potential of using the mobile phone for more than simply a text or call. It linked banks and mobile operators, empowering consumers to manage their finances or make payments directly from their mobile, anytime, anywhere.
 
From an innovative idea, Monitise has built the world’s first mobile banking, payments and commerce ecosystem. We work with hundreds of banks, payments companies, retailers and mobile networks to help them provide engaging and indispensable mobile services for their customers. The collaborations include MasterCard, IBM, Telefónica, Santander, RBS, Virgin Money, Visa, FIS and many others.
 
33 million consumers have registered for Monitise’s patented technology to 'bank anywhere', 'pay anyone' and 'buy anything', accounting for 5.1bn mobile transactions annually and $101bn of payments, purchases and transfers a year. Monitise-designed high-engagement apps across multiple industry verticals and email subscribers to the Monitise Content consumer business total more than 49 million. 
 
With operations in the UK, the Americas, Turkey, India, Hong Kong and Indonesia, we are enabling trusted and secure mobile banking, payment and commerce solutions for clients and consumers everywhere.

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Type
Subsidiary
Parent Company
Fiserv
HQ
Brookfield, US
Founded
2003
Monitise was founded in 2003 and is headquartered in Brookfield, US
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Key People/Management at Monitise

Brian McBride

Brian McBride

Non-Executive Director
Lee Cameron

Lee Cameron

Chief Commercial Officer
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Monitise Office Locations

Monitise has an office in Brookfield
Brookfield, US (HQ)
255 Fiserv Dr
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Monitise Financials and Metrics

Summary Metrics

Founding Date

2003

Total Funding

$165.2 m

Investors

In total, Monitise had raised $165.2 m. Monitise is a subsidiary of Fiserv

Monitise Revenue

Monitise's revenue was reported to be £67.57 m in FY, 2016 which is a 24.7% decrease from the previous period.
GBPFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

72.8 m95.1 m89.7 m67.6 m

Revenue growth, %

31%(6%)(25%)

Cost of goods sold

17.6 m33.4 m43.2 m

Gross profit

55.2 m61.7 m46.5 m
GBPFY, 2016

Cash

821.8 k

Current Assets

2.4 m

Total Assets

2.4 m

Accounts Payable

42 k
GBPFY, 2016

Net Income

(4.7 m)

Cash From Operating Activities

(1.2 m)

Cash From Financing Activities

7.1 m

Net Change in Cash

821.8 k
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Monitise News and Updates

Fiserv moves to acquire London-based Monitise for $90 million

Seeking to increase its digital banking capabilities, Fiserv announced that it reached an agreement to acquire Monitise, London-based provider of financial services technology, for $90 million in cash.

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Monitise Company Life and Culture

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