Report

UMT United Mobility Technology - New blockchain smart data and loyalty solution deal

UMT has announced a new Letter of Intent with Berlin-based sports and casino gaming company, mybet Holding, to create an innovative blockchain-based smart data service and customer loyalty scheme for the betting company. The two companies expect this to make mybet the first European gaming company to offer blockchain-based payment functions. UMT has also agreed to invest €500,000 in the new customer loyalty programme, which will also support the use of UMT’s payment solution by mybet’s customers. The launch of the loyalty scheme is envisaged as soon as 1 February 2018.
Underlying
UMT United Mobility Technology AG

Umt United Mobility Technology Ag. UMT United Mobility Technology AG is a Germany-based company engaged in the software industry. The Company specializes in the mobile application software.

Provider
Edison Investment Research
Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

.

Analysts
Anna Bossong

Other Reports on these Companies
Other Reports from Edison Investment Research

ResearchPool Subscriptions

Get the most out of your insights

Get in touch