

It has since announced partnerships and services with Abu Dhabi-based First Gulf Bank, Yapi Kredi Bank and İşbank in Turkey. In February 2014, Monitise acquired Istanbul-based mobile technology specialist Pozitron, listed as one of the top 10 fastest growing businesses in Turkey by Deloitte. That year, Monitise was listed in the Deloitte Technology Fast 50 for third year running, with a 2,319% growth rate. Later that month, Monitise announced an alliance with IBM's Smarter Commerce initiative to help extend its mobile banking services to VISA Europe. In September 2013 Monitise acquired London-based mobile innovation and design agency Grapple Mobile Ltd, which became known as Monitise Create.
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The deal, which enables VISA Europe to license all of Monitise's mobile money technology, covering three product areas: Bank Anywhere, Pay Anyone and Buy Anything. In March 2013, Monitise extended its partnership with VISA Europe in a three-year partnership deal. The HSBC partnership saw Monitise provide support for HSBC's mobile Fast Balance app. The three-year mobile banking deal with The Co-operative Bank allows customers to check their balances, access mini statements, and find branches and cashpoints. Later in 2012, in June and July respectively, Monitise announced partnerships with HSBC and The Co-operative Bank.

At the time of the acquisition, Monitise and Clairmail had 13 million registered consumers across four continents. On 26 March 2012, Monitise announced its acquisition of Clairmail, the largest third-party for mobile banking solutions in the U.S. In 2011, Monitise signed a partnership agreement with Visa Europe to develop and supply mobile payments services for Visa Europe's member banks and financial institutions across Europe.įurther expansion in 2011 included the creation of a technology and R&D hub in Cardiff, Wales. These included mobile payments, money transfer, transaction alerts and marketing offers. Monitise would work as a partner for Visa's mobile services.

On 30 June 2009, Monitise announced that it had entered into a global alliance agreement with Visa International, a subsidiary of Visa Inc., the world's largest retail electronic payments network. To create a mobile banking and payments ecosystem tailored for the North American market, Monitise Americas engineered its platform in order to “deliver a service that is universal in terms of security, access and navigation regardless of the consumer's choice of financial institution or mobile carrier". In September 2007, Monitise launched Monitise Americas, a joint venture with Metavante Corporation, a provider of banking and payments technologies to global financial institutions and businesses. The de-merger raised £21.4 million in shares sold to investors and other institutions. In June 2007, Monitise demerged from Morse. It offered customers 24-hour access to banking services via their mobile phone, including mini-statements and balance enquiries. In October 2006, HSBC and First Direct launched MONILINK, a mobile banking service developed jointly by Monitise and LINK. In 2006 Monitise announced a joint venture with LINK, provider of the UK's ATM network, to develop mobile banking. During this period that Monitise built a mobile banking, payments and commerce ecosystem. Securing investment for Monitise proved difficult initially until in 2006, the company became part of Morse Plc. Monitise was founded in 2003 by Alastair Lukies and Steven Atkinson, former head of policy at Vodafone. Īfter reporting heavy losses during 2016, the company was acquired by Fiserv, a US provider of financial services technology, on 1 September 2017. On 9 September 2015, Lee Cameron was appointed as CEO. Shares in Monitise were down 96 per cent since 2014. In 2016 the company reported heavy losses. Monitise was named as one of the UK's top 15 fastest growing technology businesses in Deloitte's 2011, 20 Technology Fast 50, and was ranked 3rd in Forbes Most Innovative Growth Companies 2014, making it the highest ranking UK business. The company listed on the London Stock Exchange's AIM in June 2007. Its headquarters are in London, United Kingdom, with operations in the US, Turkey, and Cardiff.

Monitise was founded by Alastair Lukies and Steven Atkinson in 2003. Monitise Plc was a British company in financial services technology.
