reports
Mobi724 Announces Second Quarter 2021 Results
Montreal, Quebec--(Newsfile Corp. - August 26, 2021) - Mobi724 Global Solutions Inc. (TSXV: MOS) ("Mobi724" or the "Company"), a fintech enabler of AI-enhanced payment card-linked solutions, today released its second quarter 2021 results for the three and six months ended June 30, 2021.Second Quarter 2021 HighlightsContinued progress on growth strategy by enhancing Mobi724's brand awareness in key Latam marketsStrengthened management team through the addition of new Chief Revenue OfficerImproved capital position by closing on the first tranche of a loan of $1.15 million for a maximum amount of...
Mobi724 Global Solutions Announces Date of Release of Q2-2021 Financia...
Montreal, Quebec--(Newsfile Corp. - August 23, 2021) - Mobi724 Global Solutions Inc. (TSXV: MOS) ("Mobi724" or the "Company"), a fintech enabler of AI-enhanced payment card-linked incentives, will announce its Q2-2021 financial results (the "Results") on Thursday, August 26th, 2021, after-market closing.Marcel Vienneau and Mathieu Laurin, CEO and CFO respectively of Mobi724, will co-host a webinar on Thursday, August 26th, 2021 at 5:00 PM EST to discuss the Results and to provide a management update.Shareholders, investors, media representatives and other stakeholders are invited to join the w...
Mobi724 Announces Partial Conversion of Debenture by Calgary Based Wea...
Montreal, Quebec--(Newsfile Corp. - August 3, 2021) - Mobi724 Global Solutions Inc. (TSXV: MOS) ("Mobi724" or the "Company"), a fintech enabler of AI-enhanced payment card-linked solutions, is pleased to announce that on July 30, 2021 a $75,000 tranche of the convertible debenture issued on August 6, 2020 and totaling $350,000 (the "CD") was converted at the exercise price of $0.05 per share for a total of 1,500,000 common shares in accordance with the terms of the CD. Prior to this conversion event, the holder of the CD had previously converted a $100,000 tranche of the CD at an exercise pric...
Mobi724 Announces Appointment of Chief Revenue Officer
Montreal, Quebec--(Newsfile Corp. - July 27, 2021) - Mobi724 Global Solutions Inc. (TSXV: MOS) ("Mobi724" or the "Company"), a fintech enabler of AI-enhanced payment card-linked solutions, is pleased to announce the appointment of Armando Calvo Chico to the position of Chief Revenue Officer (CRO), effective immediately, subject to applicable regulatory and exchange approvals. As CRO, Mr. Calvo will lead Mobi724's sales strategy and oversee the Company's global sales performance. Mr. Calvo will be based in Mobi724's Mexico City office."We are excited to add Armando to our management team as we ...
Mobi724 Retains NATIONAL Capital Markets to Provide Investor Relations...
Montreal, Quebec--(Newsfile Corp. - July 19, 2021) - Mobi724 Global Solutions Inc. (TSXV: MOS) ("Mobi724" or the "Company"), a fintech enabler of AI-enhanced payment card-linked solutions, today announced that it has retained NATIONAL Capital Markets to provide investor relations and financial communications services, effective July 19, 2021."Our commitment to creating engaging consumer experiences and generating incremental commercial opportunities for our clients will now be supported and enhanced by a best-in-class investor communications program," stated Marcel Vienneau, Chief Executive Of...
Mobi724 Closes First Tranche ($1,150,000) of a Loan from the Governmen...
Montreal, Quebec--(Newsfile Corp. - June 30, 2021) - Mobi724 Global Solutions Inc. (TSXV: MOS) ("Mobi724" or the "Company"), a fintech enabler of AI-enhanced payment card-linked solutions, announces that it has closed the first tranche ($1,150,000) of a loan for a maximum amount of $2,300,000 from the Government of Québec, through its mandatary Investissement Québec ("Loan"), the terms of which were detailed in a Press Release dated June 23, 2021. The Loan is for a term of 6 years and bears interest at the rate of 10% per annum payable monthly. The Loan provides for an 18-month capital repayme...
Mobi724 Announces Results of 2020 AGM and Granting of Stock Options
Montreal, Quebec--(Newsfile Corp. - June 28, 2021) - Mobi724 Global Solutions Inc. (TSXV: MOS) ("Mobi724" or the "Company"), a fintech enabler of AI-enhanced payment card-linked solutions, announces that the following items were voted and approved at the annual general meeting of the shareholders ("AGM") held on June 23, 2021.The shareholders elected Jacques Côté, David Robinson, Alejandro Rodriguez, Allan Rosenhek and Marcel Vienneau to the board of directors; approved the Company's performance-based stock option plan (the "Option Plan"); and reappointed Raymond Chabot Grant Thornton, charter...
Mobi724 conclu un placement privé de 845 000 $ et accepte une offre de...
Montreal, Quebec--(Newsfile Corp. - 23 juin 2021) - Mobi724 Global Solutions Inc. (TSXV : MOS) (« Mobi724 » ou la « Société »), une société de fintech offrant des solutions liées aux cartes de paiement et propulsées par l'intelligence artificielle, annonce qu'elle a conclu un financement par placement privé sans intermédiaire (l'« Offre ») pour un produit total de 845 000 $ et a accepté une offre de prêt conditionnelle d'un montant maximal de 2 300 000 $ du gouvernement du Québec par l'intermédiaire de son mandataire Investissement Québec pour une durée de 6 ans (l'« Offre de Prêt »).Conclusio...
Mobi724 Closes a $845,000 Private Placement & Accepts a Conditional Lo...
Montreal, Quebec--(Newsfile Corp. - June 23, 2021) - Mobi724 Global Solutions Inc. (TSXV: MOS) ("Mobi724" or the "Company"), a fintech enabler of AI-enhanced payment card-linked solutions, announces that it has closed a non-brokered private placement financing (the "Offering") for aggregate proceeds of $845,000 and has accepted a conditional loan offer of up to $2,300,000 from the Government of Québec, through its mandatary, Investissement Québec, for a period of 6 years ("Loan Offer").Completion of Private Placement: The closing of the Offering was facilitated by Echelon Wealth Partners ("Ech...
Mobi724 Announces Q1-2021 Financial Highlights
Montreal, Quebec--(Newsfile Corp. - May 31, 2021) - Mobi724 Global Solutions Inc. (TSXV: MOS) ("Mobi724" or the "Company"), a fintech enabler of AI-enhanced payment card-linked solutions, announces its Q1-2021 financial highlights.Q1-2021 vs. Q4-2020Revenue decreased by 3%: $191.2K in Q1-2021 compared to $196.2K in Q4-2020.The operating cost decreased by 49%: $872K in Q1-2021 compared to $1.724M in Q4-2020.Net loss decreased by 47%: $971.6K in Q1-2021 compared to $1.818M in Q4-2020.Q1-2021 vs. Q1-2020Revenue decreased by 69%: $191.2K in Q1-2021 compared to $622K in Q1-2020.Net loss increased b...
Mobi724 Global Solutions Announces Date of Release of Q1-2021 Financia...
Montreal, Quebec--(Newsfile Corp. - May 26, 2021) - Mobi724 Global Solutions Inc. (TSXV: MOS) ("Mobi724" or the "Company"), a fintech enabler of AI-enhanced payment card-linked incentives, will announce its Q1-2021 financial results (the "Results") on Monday, May 31st, 2021, after-market closing.Marcel Vienneau and Mathieu Laurin, CEO and CFO respectively of Mobi724, will co-host a webinar on Monday, May31st, 2021 at 5:00 PM EST to discuss the Results and to provide a management update.Shareholders, investors, media representatives and other stakeholders are invited to join the webinar by foll...
Mobi724 (MOS) Signs Integration & Collaboration Agreement with Prosa, ...
Montreal, Quebec--(Newsfile Corp. - May 18, 2021) - Mobi724 Global Solutions Inc. (TSXV: MOS) ("Mobi724" or the "Company"), a fintech enabler of AI-enhanced payment card-linked incentives, announces that its wholly owned subsidiary, Mobi724 Smart Transactions Mexico S.A. de C.V. ("Mobi724 Mexico"), has entered into a commercial agreement ("Agreement") with Promoción y Operación S.A. de C.V. ("Prosa"), a leading payment solutions provider & domestic payments network in Mexico, with an objective to offer Mobi724's card-linked offers & rewards platform ("Platform") to Prosa's clients - payment c...
Mobi724 Announces FY 2020 Financial Highlights
Montreal, Quebec--(Newsfile Corp. - April 29, 2021) - Mobi724 Global Solutions Inc. (TSXV: MOS) ("Mobi724" or the "Company"), a fintech enabler of AI-enhanced payment card-linked incentives, announces FY 2020 financial highlights.FY 2020 vs. FY 2019Revenue increased by 5%: $1,119,742 in 2020 compared to $1,063,863 in 2019.The burn rate decreased by 62%: $1,382,886 in 2020 compared to $3,623,356 in 2019.Net loss decreased by 35%: $3,429,963 in 2020 compared to $5,294,419 in 2019.Cash position on December 31, 2020 was $385K.Q4-2020 vs. Q3-2020Revenue increased by 20%: $196,204 in Q4-2020 compar...
Mobi724 Issues an Update on Status of Commercial Production Under Exis...
Montreal, Quebec--(Newsfile Corp. - April 26, 2021) - Mobi724 Global Solutions Inc. (TSXV: MOS) ("Mobi724" or the "Company"), a fintech enabler of AI-enhanced payment card-linked incentives issues an update (the "Update") on the status of both the Market Development Agreement (the "MDA") with Despegar (NYSE: DESP) ("Despegar") and the Regional Agreement with Promerica Financial Corporation ("Grupo Promerica") (the "Promerica Agreement"), a group that operates banks in 9 countries in Central and South America. Both agreements were announced via press release on June 5th, 2019.Background to t...
Mobi724 Global Solutions Announces Date of Release of Q4 2020 and 2020...
Montreal, Quebec--(Newsfile Corp. - April 22, 2021) - Mobi724 Global Solutions Inc. (TSXV: MOS) ("Mobi724" or the "Company"), a fintech enabler of AI-enhanced payment card-linked incentives, will announce its Q4 2020 and 2020 annual financial results (the "Results") on Thursday, April 29th, 2021 after-market closing.Marcel Vienneau and Mathieu Laurin, CEO and CFO respectively of Mobi724, will co-host a webinar on Thursday, April 29th, 2021 at 4:30 PM EST to discuss the Results and to provide a management update.Shareholders, investors, media representatives and other stakeholders are invited t...
Mobi724 Announces Granting of Options
Montreal, Quebec--(Newsfile Corp. - April 7, 2021) - Mobi724 Global Solutions Inc. (TSXV: MOS) ("Mobi724" or the "Company"), a fintech enabler of AI-enhanced payment card-linked incentives, announces that its Board has granted an aggregate total of 1,010,000 stock options under its Stock Option Plan to certain employees and consultants. 400,000 options were granted with an exercise price of $0.10 ("Options 1"). Fifty percent (50%), of Options 1 (namely 200,000) shall vest immediately upon the market price of the Mobi724's share ("Share") attaining $0.12, or greater, at any time on, or prior to...
Mobi724 Announces Listing of Its Shares on the Santiago Stock Exchange...
Montreal, Quebec--(Newsfile Corp. - March 26, 2021) - Mobi724 Global Solutions Inc. (TSXV: MOS) ("Mobi724" or the "Company"), a fintech enabler of AI-enhanced payment card-linked incentives announces the listing of its shares on the Santiago Stock Exchange Venture ("SSEV") under the symbol "SSEV: MOS" denominated in US Dollars, effective from March 18th, 2021. The primary exchange for the Company remains the TSX Venture Exchange ("TSX-V"). The listing of Mobi724's shares on the SSEV is carried out under the agreement between the SSEV and the TSX-V, which automatically qualifies TSX-V-listed co...
Mobi724 Partners with Keira Capital Partners Inc. to Accelerate the De...
Montreal, Quebec--(Newsfile Corp. - March 19, 2021) - Mobi724 Global Solutions Inc. (TSXV: MOS) ("Mobi724" or "Company"), a fintech enabler of AI-enhanced payment card-linked incentives, announces that on March 18, 2021 ("Effective Date"), it signed a binding term sheet ("Term Sheet") with Keira Capital Partners Inc. ("Keira") to jointly implement a commercialization strategy ("Strategy") for the Chilean market. The Strategy includes incorporating a wholly owned subsidiary of Mobi724 in Chile ("Mobi724 Chile"), which will promote & sell Mobi724's solutions to payment card issuers & merchants ...
Mobi724 to Implement Real-Time Loyalty Rewards Processing in Mexico at...
Montreal, Quebec--(Newsfile Corp. - March 15, 2021) - Mobi724 Global Solutions Inc. (TSXV: MOS) ("Mobi724" or the "Company"), a fintech enabler of AI-enhanced payment card-linked incentives, announces that it has entered into a commercial agreement ("Agreement") with CORPORATIVO MEXICANO DE GASOLINERIAS, S.C ("CorpoGAS)", a company that operates CorpoGAS gas stations & Go Mart convenience stores in Mexico, with an objective to implement real-time loyalty rewards processing for CorpoGAS' existing loyalty program Puntada ("Puntada" or "Program"). This Agreement marks Mobi724's entrance in t...
Mobi724 Announces Strategic Alliance Agreement Across Central America ...
Montreal, Quebec--(Newsfile Corp. - February 23, 2021) - Mobi724 Global Solutions Inc. (TSXV: MOS) ("Mobi724" or the "Company"), a fintech enabler of AI-enhanced payment card-linked incentives, announces that on February 22, 2021, its wholly owned subsidiary, Mobi724 Smart Transactions Inc. ("Mobi724 Smart"), entered into a strategic alliance agreement (the "Strategic Alliance Agreement"), with Compañía de Procesamiento de Medios de Pago de Guatemala, S.A., a Central American credit & debit payment network which operates, in multiple countries, under the name "VisaNet Guatemala" (and its su...
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