Global Reach

Our headquarters are in the city of London and we operate in:

 

Monitise UK

 

Monitise UK provides Mobile Money services to banks covering more than 55% of the UK retail banking population and works to assist banks and financial institutions to defend and extend their role at the centre of the mobile payments infrastructure. In February 2011, Monitise signed an exclusive partnership agreement with Visa Europe to develop and supply mobile payments services for its member banks and financial institutions across Europe. In August 2011, Monitise strengthened its existing strategic relationship with RBS Group by entering a new five-year global strategic partnership.

 

Monitise Americas

 

Monitise Americas was formed in 2007 as a joint venture between Monitise and FIS, one of the leading providers of payment technology.  In October 2011, Monitise bought out FIS's 51% stake in the Monitise Americas joint venture with FIS taking a 3.3% equity stake in Monitise. Continuing its strong commercial relationship with FIS, Monitise Americas provides mobile services to more than 250 financial institutions in the United States. The Monitise technology platform provides US banks and consumers with a full range of mobile services providing them with the ability to manage their debit, prepaid and healthcare cards.

 

Monitise Asia Pacific

 

Our 50/50 joint venture with First Eastern, announced in April 2010, is building momentum as it broadens our business in this fast-growing and dynamic region. In July 2011, Monitise Asia Pacific entered a joint venture with a subsidiary of Astra, the largest conglomerate in Indonesia, that will see it develop cutting-edge new mobile services for Indonesia’s huge population, both banked and unbanked. In Hong Kong, we have partnered with JETCO to provide access to 32 banks in Hong Kong and Macau.

 

Monitise India

 

Work is progressing on our launch into the India market of a new mobile payments platform via our 50/50 joint venture with Visa Inc., announced in June 2010. During the second half of 2011, Monitise separately launched its first mobile money services in India with a range of smartphone and Java apps developed for Standard Chartered Bank, powered by our mobile technology platform.

 

Monitise Africa

 

In August 2011, the Central Bank of Nigeria granted Monitise a full Mobile Payments System Provider licence to operate mobile money services in the country. The platform can be easily configured to offer savings, pensions, loan repayments and insurance products by financial institutions. We will continue to work closely with the central bank and our partners to extend the services we offer.

 

Global Accounts

 

Global accounts represent the Group’s products and services to Monitise’s global cross-territory partners, including Visa Inc. and Visa Europe.