MONI meaning in Business ?

Business Miscellaneous in Business . 3 months ago

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What is Monitise mean?

Monitise Plc was a British company in financial services technology.

Monitise was founded by Alastair Lukies and Steven Atkinson in 2003. Its headquarters are in London, United Kingdom, with operations in the US, Turkey, and Cardiff.

The company listed on the London Stock Exchange's AIM in June 2007. Monitise was named as one of the UK's top 15 fastest growing technology businesses in Deloitte's 2011, 2012 and 2013 Technology Fast 50, and was ranked 3rd in Forbes Most Innovative Growth Companies 2014, making it the highest ranking UK business. In 2016 the company reported heavy losses. Shares in Monitise were down 96 per cent since 2014.

On 9 September 2015, Lee Cameron was appointed as CEO.

After reporting heavy losses during 2016, the company was acquired by Fiserv, a US provider of financial services technology, on 1 September 2017.

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Posted on 20 Sep 2024, this text provides information on Business related to Miscellaneous in Business. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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