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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Employee Rating

2.6More
TypeSubsidiary
Parent CompanyFiserv
HQBrookfield, US
Founded2003
Websitemonitise.com
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

72.8m95.1m89.7m67.6m

Revenue growth, %

31%(6%)(25%)

Cost of goods sold

17.6m33.4m43.2m

Gross profit

55.2m61.7m46.5m
GBPFY, 2016

Cash

821.8k

Current Assets

2.4m

Total Assets

2.4m

Accounts Payable

42.0k
GBPFY, 2016

Net Income

(4.7m)

Cash From Operating Activities

(1.2m)

Cash From Financing Activities

7.1m

Net Change in Cash

821.8k
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Monitise News and Updates

Mobile Banking Market to Witness Huge Growth by 2023 | Leading Key Players: Aepona, ABSA, Comviva, C-SAM, Don River, LUUP, Google, Obopay, Sybase, eSery Global Ltd., Monitise..

The Global Mobile Banking Market Report includes a comprehensive analysis of the present market. The report starts with the basic Global Mobile Banking Market overview and then goes into each and every detail. Posted via Industry Today. Follow us on Twitter @IndustryToday

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.

City Moves - who's switching jobs?

Today's City Moves cover invoice financiers, purchase intelligence and maritime markets. Take a look at these movers and shakers: Bibby Financial Services Leading independent invoice financier, Bibby Financial Services (BFS), has appointed Sharon Wiltshire as UK commercial director, as it look…
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Monitise Blogs

Fiserv to Combine with First Data Corporation to Create Global Leader in Payments and FinTech

Fiserv to Combine with First Data Corporation to Create Global Leader in Payments and FinTech Content Import Wed, 01/16/2019 - 07:08 Fiserv to Combine with First Data Corporation to Create Global Leader in Payments and FinTech January 16, 2019 This release is…

Fiserv Announces Preliminary Fourth Quarter and Full Year 2018 Results and 2019 Outlook

Fiserv Announces Preliminary Fourth Quarter and Full Year 2018 Results and 2019 Outlook Content Import Wed, 01/16/2019 - 07:04 Fiserv Announces Preliminary Fourth Quarter and Full Year 2018 Results and 2019 Outlook January 16, 2019 This release is a backfill …

Stack Sports Simplifies Payments for Youth Sports with Fiserv

Sports technology leader leverages software development kit from Fiserv to enable payments within the Stack Sports ecosystem BROOKFIELD, Wis. --(BUSINESS WIRE)--Jan. 14, 2019-- Fiserv, Inc. (NASDAQ:FISV), a leading global provider of financial services technology solutions, today announced that

Outsourcing Gains Momentum Among Fiserv Core Processing Clients

Banks cite simplified resource management, faster disaster recovery and stronger cybersecurity as compelling reasons to outsource technology services BROOKFIELD, Wis. --(BUSINESS WIRE)--Jan. 8, 2019-- Fiserv, Inc.  (NASDAQ:FISV), a leading global provider of financial services technology solutions,

Mi BANK Finds its Niche with Fiserv Technology

De novo bank combines community principles and tailored technology to serve mid-size and commercial businesses BROOKFIELD, Wis. --(BUSINESS WIRE)--Jan. 2, 2019-- Fiserv, Inc.   (NASDAQ: FISV), a leading global provider of financial services technology solutions, announced today that Mi BANK will

Midwestern Credit Unions Move to Fiserv to Accelerate Growth

Midwestern Credit Unions Move to Fiserv to Accelerate Growth Content Import Wed, 12/19/2018 - 08:32 Midwestern Credit Unions Move to Fiserv to Accelerate Growth December 19, 2018 This release is a backfill from a News Wire General …
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Monitise Company Life and Culture

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Monitise Frequently Asked Questions

  • When was Monitise founded?

    Monitise was founded in 2003.

  • Who are Monitise key executives?

    Monitise's key executives are Brian McBride and Lee Cameron.

  • What is Monitise revenue?

    Latest Monitise annual revenue is £67.6 m.

  • Who are Monitise competitors?

    Competitors of Monitise include MBNA, Discover Financial Services and Mogo.

  • Where is Monitise headquarters?

    Monitise headquarters is located at 255 Fiserv Dr, Brookfield.

  • Where are Monitise offices?

    Monitise has an office in Brookfield.

  • How many offices does Monitise have?

    Monitise has 1 office.