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...
2021-06-28 8:39 AM EDT
Mobi724 Closes a $845,000 Private Placement & Accepts a Conditional Loan Offer of up to $2,300,000 from the Government of Quebec via Investissement Quebec
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...
2021-06-23 8:00 AM EDT
Mobi724 conclu un placement privé de 845 000 $ et accepte une offre de prêt conditionnel du gouvernement du Québec via Investissement Québec d'un montant maximal De 2 300 000 $
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...
2021-06-23 8:00 AM EDT
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...
2021-05-31 5:00 PM EDT
Mobi724 Global Solutions Announces Date of Release of Q1-2021 Financial Results and Details of Investor Conference Call
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...
2021-05-26 4:30 PM EDT
Mobi724 (MOS) Signs Integration & Collaboration Agreement with Prosa, Mexico's Largest Payment Processing Network to Drive Growth
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...
2021-05-18 8:00 AM EDT
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...
2021-04-29 4:30 PM EDT
Mobi724 Issues an Update on Status of Commercial Production Under Existing Agreements with Despegar and Grupo Promerica
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...
2021-04-26 8:00 AM EDT
Mobi724 Global Solutions Announces Date of Release of Q4 2020 and 2020 Annual Financial Results and Details of Investor Conference Call
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...
2021-04-22 8:00 AM EDT
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...
2021-04-07 8:00 AM EDT
Mobi724 Announces Listing of Its Shares on the Santiago Stock Exchange Venture
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...
2021-03-26 8:00 AM EDT
Mobi724 Partners with Keira Capital Partners Inc. to Accelerate the Development of Chilean Market
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...
2021-03-19 8:00 AM EDT
Mobi724 to Implement Real-Time Loyalty Rewards Processing in Mexico at CorpoGAS Gas Stations & Go Mart Convenience Stores
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'...
2021-03-15 7:59 AM EDT
Mobi724 Announces Strategic Alliance Agreement Across Central America with Compania de Procesamiento de Medios Pago de Guatemala, Operating as VisaNet Guatemala
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...
2021-02-23 8:00 AM EST
Mobi724 Announces the Appointment of a New Chief Financial Officer to Replace Its Interim CFO
Montreal, Quebec--(Newsfile Corp. - February 19, 2021) - Mobi724 Global Solutions Inc. (TSXV: MOS) ("Mobi724" or the "Company"), a fintech enabler of AI-enhanced payment card-linked incentives, announces that effective March 15, 2021 (the "Effective Date"), and subject to regulatory and exchange approvals, Mathieu Laurin, CPA, CGA, will assume the role of Chief Financial Officer from Allan Rosenhek, who has been acting as the interim CFO since April 18, 2019 and who will continue to oversee...
2021-02-19 8:00 AM EST
Mobi724 Incorporates Wholly Owned Subsidiary in Mexico and Engages Stockhouse Publishing Inc. to Assist with Market Awareness
Montreal, Quebec--(Newsfile Corp. - February 10, 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 completed the incorporation of a wholly owned subsidiary in Mexico, Mobi724 Smart Transactions Mexico S.A. de C.V. (the "Mobi724 Mexico"). The Company intends to use Mobi724 Mexico to drive strategic initiatives and advance its business plan in Mexico.Mexico is a rapidly growing...
2021-02-10 8:30 AM EST
Mobi724 Closes the Second and Final Tranche of Its Funding Round - $130,500 Private Placement
Montreal, Quebec--(Newsfile Corp. - February 9, 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 successfully completed a second and final tranche of an offering ("Offering") previously announced on January 27, 2021 for aggregate proceeds of $130,500. The completion of this second tranche will bring to total aggregate proceeds raised to $1,280,500. The closing of the second...
2021-02-09 8:45 AM EST
Mobi724 Closes the First Tranche of Its Funding Round, $1.15M Private Placement Led by Timelo Investment Management
Montreal, Quebec--(Newsfile Corp. - January 28, 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 authorized a non-brokered private placement financing (the "Offering") and has successfully completed the first tranche of the Offering for aggregate proceeds of $1,150,000. The Company intends to close a second tranche prior to February 15, 2020. The closing of the first tranche...
2021-01-28 5:00 PM EST
Mobi724 Signs Market Development Agreement with Pay Human Group in Mexico
Montreal, Quebec--(Newsfile Corp. - January 11, 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 signed a Market Development Agreement with Pay Human Link S.A. De C.V. ("Pay Human Group"), a company specializing in the administration of human resources and payroll services in Mexico, with an objective to leverage Pay Human Group's network of clients to intensify Mobi724's...
2021-01-11 8:00 AM EST
Mobi724 Enters into a Strategic Partnership to Market Its Solutions in Latin America
Montreal, Quebec--(Newsfile Corp. - December 23, 2020) - 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 Inc. ("Mobi724 Smart"), entered into a 3-year strategic partnership agreement (the "Strategic Partnership Agreement") with Stratus Technologies México S.A. de C.V. ("Stratus"), the parent company of Moneta Technologies, an...
2020-12-23 8:00 AM EST