I dismissed this company as froth when I first looked at it. Since then the sp has doubled and continues to steadily rise. I looked again and when I saw the countries and contracts this firm is in---I was impressed and bought some to tuck away. anyone else bought in or interested?

Completion of Placing

Pursuant to the announcement released on 24 August 2012, Monitise plc (LSE: MONI.L, "Monitise" or the "Company"), the technology and services company delivering mobile banking, payments and commerce networks worldwide, is pleased to announce that it has successfully placed 28,110,000 shares at a price of 28.25 pence with certain institutional investors. Further details of the Placing are set out in the announcement released on 24 August 2012. Application has been made for the Placing Shares to be admitted to trading on AIM and it is expected that admission will take place at 8.00 a.m. on 31 August 2012.

Any idea/links which companies are offering the same product/service ?

Most of them seem to be american, but some UK banks seem to be going it alone, such as Barclays 'Pingit', except that on the list in the link below, Clairmail is now Monitise. Also, don't forget PayPal which is owned by E-Bay.

http://www.jazdcommunications.com/commtech/leaf/Mobility/Mobile-Banking.htm

HARRYCAT

Thanks

Preliminary Results

REVENUE MORE THAN DOUBLES FOR THIRD YEAR IN A ROW

CONSOLIDATED LEADERSHIP POSITION FOLLOWING ACQUISITION IN US

REVENUE GUIDANCE FOR 2012/2013 £70M ($110M) (1) MINIMUM

ORDER BOOK UNDERSCORES CONTINUED MOMENTUM IN GLOBAL BUSINESS

REGISTERED CUSTOMERS PASS 17M, COMPARED WITH 4.5M A YEAR AGO

Financial Highlights (2)

· Full-year revenues more than doubled for the third year in succession, up to £36.1m from £15.3m, an increase of 136%.

· Gross margins increased to 66% from 62% in 2010/2011, with margin improvement in both development revenues and user generated revenues.

· Profitability in Live Operations (3) continues to build, with EBITDA of £10.6m, up from £3.9m in 2010/2011.

· Group EBITDA(4) loss of £10.4m for the year, an improvement of £1.5m on the previous year and in line with expectations.

· Group operating loss(5) of £13.7m (2010/2011: £12.8m), reflecting higher depreciation and amortisation resulting from peak investment made in scaling the capability of both the Monitise Enterprise Platform and in service delivery over the past two years.

· Group gross cash at 30 June 2012 was £19.6m, with £9.7m of Clairmail inherited debt. Monitise repaid approximately half of the debt post year end.

· Post year end equity raise in August 2012 of £22.4m net ensures that the Group maintains a strong balance sheet.

Bank of China and Monitise Partnership

London, 04 September 2012 - Bank of China (Hong Kong) Limited ("BOCHK") and Monitise Asia Pacific's Hong Kong Business have jointly signed a Memorandum of Understanding, forming a partnership to explore new ways for people to make payments on their mobile phones.

Continuing good figures and another step forward in expanding the list of partners, yet the sp still trades within a set range. Frustrating for all, including the CEO.

Harry perhaps their operating loss of £13.7m has spooked the market.

This might be worth a listen - MONITISE STRATEGY DIRECTOR, RICHARD JOHNSON webcast

MONITISE STRATEGY DIRECTOR, RICHARD JOHNSON, WILL PRESENT:

What we call the mobile wallet wars & who the players are in the battlefield

Why putting a smartphone app on the front of Internet Banking isn’t enough

How banks can defend & extend their role in banking, payments and commerce

Our approach to winning in just 5 simple steps

The webcast link above is from the Times supplement of last Tuesday.

The supplement was put together by Raconteur well worth a look.

Monitise and Cognizant Form Mobile Money Alliance

TEANECK, N.J., and LONDON, UK, October 4th, 2012-Cognizant (NASDAQ: CTSH) and Monitise (LSE: MONI) today announced a global alliance that will help financial institutions embrace the mobile channel of interaction, and develop effective and innovative mobile banking, payments, and commerce solutions.

Combining Cognizant's extensive financial services and mobility expertise with Monitise's leading mobile money platform, the alliance will help global financial institutions speedily respond to the mobile money opportunity that is gathering significant momentum. By leveraging an interoperable platform instead of solutions from disparate products and mobile operating systems, financial institutions will be able to lower the total cost of ownership, and drive newer revenue streams through enhanced mobile adoption.

Wait till 2pm for the yanks to run with this good news.
A serious alliance for both Moni and Cognizant.

Monitise reveals new record for mobile banking adoption
StockMarketWire.com
Monitise has revealed a new record for the adoption ob mobile banking by Desert Schools Federal Credit Union.

Monitise - a leading technology and services company that delivers mobile banking, payments and commerce networks worldwide - said DSFCU reached 30% mobile banking adoption in 90 days.

Monitise says this is a new record in rapid adoption.

DSFCU also reported that early adopters of its mobile banking solution were two times more profitable than traditional banking members, and were averaging 46 interactions a month with the mobile banking application.

At 1:06pm: (LON:MONI) Marconi Corporation share price was +0.63p at 39.63p


Story provided by StockMarketWire.com

Trading Update
Monitise plc (LSE: MONI) will hold its Annual General Meeting in London at 10.00 am today. At the meeting, Chairman of Monitise, Duncan McIntyre, will provide the following update on trading:

"Trading at Monitise remains strong and is in line with expectations. We saw continued momentum in the business during the first quarter, including our Memorandum of Understanding with Bank of China (Hong Kong) and our recently announced global alliance agreement with Cognizant. We are delighted with the integration of Clairmail and our Monitise Americas business continues to perform well. Today, over 17 million registered customers globally have access to services delivered by our Monitise Enterprise Platform."

Just wont climb over 40p though ,tried to get through twice now..

On the rise with volume, it seems the bottom of this cycle is over

now 33.75p

MACD is bullish now as the MACD is divergence and rising over 0

Statement regarding press speculation

Monitise plc (LSE: MONI) ("Monitise" or the "Company" or the "Group") has noted the press speculation regarding a possible fundraising and confirms that the Company is in discussions with Canaccord Genuity and certain institutional and strategic investors with regard to a proposed partially underwritten fundraising of up to £100 million in order to take advantage of significant opportunities represented by mobile banking, payments and commerce.

Proceeds from the proposed placing would be used to fund new Mobile Money opportunities for financial institutions and payments companies looking to capitalise on accelerating global demand for mobile banking and payments services and in particular mobile commerce capabilities.

For Harry from the update.

"An application to move from AIM to the London Stock Exchange's main market for listed securities is under consideration for calendar 2013."

BMO Bank of Montreal and Monitise Partnership
RNS
RNS Number : 9331T
Monitise PLC
19 December 2012







News

FOR IMMEDIATE RELEASE



BMO Bank of Montreal and Monitise to Partner on Mobile Money Solutions for BMO Customers



TORONTO and LONDON, December 19, 2012 - BMO Bank of Montreal and Monitise plc (LSE: MONI) today announced they have entered an alliance to develop new Mobile Money services, using Monitise's market-leading technology platform that encompasses mobile banking, payment and commerce services.



The alliance will allow BMO Bank of Montreal to offer customers intuitive and advanced Mobile Money services. The collaboration builds on an agreement formed in 2010 with Clairmail, the U.S.-based mobile banking and payments provider acquired by Monitise in 2012.



As BMO Bank of Montreal's technology provider for the mobile channel, Monitise will work with the bank across its smartphone applications, mobile web offerings and SMS services, using its platform capabilities to provide added convenience for new and existing customers.



"With the size of the Mobile Money opportunity growing by the day, and the enhanced experience and convenience this channel provides to our customers, we plan to continue to build on our success in this area to date," said Andrew Irvine, Senior Vice President, BMO Bank of Montreal. "We are extremely pleased with the response we've seen to our mobile banking and payments services so far and, with the support of Monitise and its technology platform, we look forward to delivering more innovative solutions across this space and beyond."



"We are delighted to be supporting BMO Bank of Montreal via our platform capabilities and network connections," said Frank D'Angelo, President of Monitise Americas. "As cash becomes increasingly digitised, we are committed to providing integrated, strategic Mobile Money solutions to financial institutions, with a line of sight for the development of cutting-edge services in the future. The Monitise Enterprise Platform is central to this approach."



Monitise's Enterprise Platform has been developed to deliver bank-grade integrated and scalable Mobile Money solutions that embrace all devices, operators and networks. For more information visit: www.monitise.com/solutions





About Monitise

Monitise plc (LSE: MONI) is a leading technology and services company that delivers mobile banking, payments, and commerce networks worldwide. Monitise enables financial institutions and other payments companies to defend and extend their market position by protecting their existing customer relationships and transactions while enabling new forms of mobile commerce revenue.



Monitise powers bank-grade solutions that are delivered on premise, or via cloud services, handling more than a billion transactions and over US$25bn worth of payments and transfers on an annualised basis. Monitise has a global reach and unique set of partners and clients using its completely adaptable platform. More information is available at www.monitise.com.



About BMO Financial Group



Established in 1817 as Bank of Montreal, BMO Financial Group is a highly diversified North American financial services organization. With total assets of $525 billion as at October 31, 2012, and more than 46,000 employees, BMO Financial Group provides a broad range of retail banking, wealth management and investment banking products and solutions.

I assume therefore that the deal with Montreal was already in the ClairMail sp at the time of takeover?