Monitise

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.

Type
Subsidiary
Parent Company
Fiserv
HQ
London, GB
Founded
2003
Monitise was founded in 2003 and is headquartered in London, GB

Key People/Management at Monitise

Brian McBride

Brian McBride

Non-Executive Director
Lee Cameron

Lee Cameron

Chief Commercial Officer

Monitise Office Locations

Monitise has offices in London, Nantgarw, San Francisco, Hong Kong and in 2 other locations
London, GB (HQ)
95 Gresham St
Şişli, TR
Güney Sk.
Hong Kong, HK
Henley Building 5 Queen's Road Central
San Francisco, US
1 Embarcadero Center
Nantgarw, GB
Cefn Coed
London, GB
Medius House 2 Sheraton St
Show all (7)

Monitise Financials and Metrics

Monitise Summary

Founding Date

2003

Total Funding

$165.2 m

Investors

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

Monitise Financials

Monitise's revenue was reported to be £67.6 m in FY, 2016 which is a 25% 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
      Show all financial metrics

      Monitise's Web-traffic and Trends

      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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