Monitise Plc , a mobile banking technology company, said full-year group EBITDA loss widened 63 percent due to investment in product and sales particularly in the second half of the year. The company, which provides payment solutions to 350 financial institutions, said earnings before interest, taxes, depreciation, and amortization (EBITDA) loss widened to 31.4 million […]
Monitise Plc, a provider of mobile banking and payment systems, has hired a former Visa Inc executive to co-run the company as it pursues a sevenfold increase in users by 2018. Shares of Monitise rose more than 7 percent on Wednesday morning after the company announced the appointment of Elizabeth Buse as co-chief executive. Buse, […]
(Reuters) – Mobile banking technology company Monitise Plc said it appointed Elizabeth Buse, a former Visa Inc executive, as co-chief executive with immediate effect. Buse, 53, will join Monitise’s board and work alongside founder and CEO Alastair Lukies, the company said on Wednesday. Buse will head day-to-day operations, overseeing technology, product, sales and marketing, while […]
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