mPay launches bus ticket sales and waits for capital injection
Within the next couple of weeks ATM expects to boost the equity of mobile payments operator mPay, as the firm did not manage to raise funds from the NewConnect floor of the Warsaw Stock Exchange, nor acquire a financial investor.
ATM hopes to boost the equity of the firm from the current zł.6.9 million to zł.12-15 million. mPay was planning to raise zł.20 million from the market earlier this year, but now it will have to slash its investment plans.
The good news is that mPay has launched mobile phone payments for bus and metro tickets jointly with Polkomtel and Citibank. "The number of potential users is as high as even one million," said Krzysztof Kilian, deputy president of Polkomtel.
Sources: Parkiet, Puls Biznesu, Gazeta Wyborcza (M.M.)
ATM hopes to boost the equity of the firm from the current zł.6.9 million to zł.12-15 million. mPay was planning to raise zł.20 million from the market earlier this year, but now it will have to slash its investment plans.
The good news is that mPay has launched mobile phone payments for bus and metro tickets jointly with Polkomtel and Citibank. "The number of potential users is as high as even one million," said Krzysztof Kilian, deputy president of Polkomtel.
Sources: Parkiet, Puls Biznesu, Gazeta Wyborcza (M.M.)
