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morgo

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14/03/18

12:47

Post #: 31744648
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Originally posted by Wolfee ↑

MNW
SIGNS MASSIVE ASIAN DEAL
WATCH THIS ONE BLOW

Market Cap $24m
Cash $1.8m

Mint Payments is one of Australia’s most dynamic fintech’s. It’s award-winning integrated payment products mean companies now only need one solution for accepting and processing payments in- store, online, and on mobile.
Unlike competitors, Mint Payments offers both a white-label solution — so that banks and channel partners can offer payment products to their customers — as well as direct-to-merchant payment products.
Mint Payments operates in its core markets of Australia and New Zealand and will soon be launching into South-East Asia.

• United Overseas Bank (Malaysia) Limited (“UOBM”) has signed a Heads of Agreement with Mint to license and distribute Mint’s payment solutions in Malaysia, white-labelled under UOBM’s brand to existing and new business customers

• UOBM is rated as one of the largest foreign banks operating in Malaysia. UOB Group is the third largest bank in South East Asia by total asset value with over US$200 billion in assets

• This partnership will enable Mint to acquire business customers directly in Malaysia, where the company will look to replicate the same growth that Mint is experiencing through high value and high volume transactional business verticals in Australia

Disclaimer -Holding

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I a very big step in the right direction

MNW Price at posting: 4.3¢ Sentiment: Hold Disclosure: Held
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I a very big step in the right direction

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