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Finch Capital is a Financial Technology Investment firm founded in the fall of 2013. We invest in high growth companies primary in EMEA and prefer to invest after the seed round, when there is proof of concept and there are some revenues.

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Monitise gets Mastercard, Santander, Telefonica backing for mobile

Radboud Vlaar

November 27, 2014

https://www.passle.net/Content/Images/passle_logo-186px.png Passle https://passle.net

Radboud Vlaar

Interesting swap of investor base, a swap of Visa for Mastercard and wondering how they structure the partnerships while being a listed entity, and allowing the strategic partnerships to get strategic insights out of it

Here's a confidence and monetary boost for Monitise, the UK mobile payments company that appeared to be losing Visa as an investor, but has now gained Mastercard. And Telefónica. And Santander. The three are investing a combined £49.2m in Monitise, according to a statement on Thursday, and the company will work with all three on mobile payment services. The company is also getting some artificial intelligence backing from IBM. It said it was deepening its collaboration with Big Blue, including the deployment of Watson, IBM's cognitive computing and machine-learning technology.

http://www.ft.com/intl/fastft/242332/monitise-gets-mastercard-backing-mobile