Global mobile money leader Monitise grows in Asia

Over its 10 years of existence, Monitise has successfully linked banks and mobile operators to create the world's first mobile banking, payments and commerce ecosystem. By enabling consumers to manage their finances and make payments directly from their mobile phones, Monitise has become a global leader in banking, paying and buying using a mobile device: what is now commonly referred to as "mobile money".

Delivering services to leading banks, payment companies, retailers, mobile networks and media owners, Monitise's secure technology platforms and services connect people with their money, open up new revenue streams, enable deeper engagement and ensure its partners stay competitive.

Today, the company delivers services around the world to over 350 financial institutions as well as strategic global partners such as Visa and Telefonica, which in turn offer Monitise solutions to almost 30 million global users. Currently, the company processes 3.4 billion mobile transactions annually with an approximate value of $71 billion and names Visa, MasterCard and IBM among its partners.