Monitise

Monitise operated as a B2B financial-technology platform provider. It built and maintained mobile and cloud-based software platforms that allowed financial institutions and payment providers to deliver mobile banking, payments, remittances and commerce services. Value creation came from accelerating clients’ digital-banking roadmaps, integrating mobile capabilities with existing systems and enabling consumer transactions (banking, payments, shopping, remittances) via mobile channels.

Revenue was generated mainly from enterprise contracts with banks and other financial institutions for access to its platforms and associated services. This likely combined recurring software or platform fees for hosted/cloud solutions with implementation and integration projects, white-label deployments and ongoing support. In some commerce and wallet flows, it may also have captured transaction-linked fees in partnership with institutions and retailers, particularly via its “Bank Anywhere”, “Pay Anyone” and “Buy Anything” product families and mobile-commerce offerings.

Monitise plc was a UK-based financial technology company focused on mobile banking, payments and commerce for financial institutions. Founded in 2003 and later acquired by Fiserv in 2017, it developed cloud and mobile platforms that enabled banks and payment providers to offer mobile banking, alerts, remittances and commerce services to their customers.

The company generated revenue by providing its platforms and white-label services to banks, card schemes, remittance providers and other financial-services organisations, primarily on a B2B basis. Its offerings included a cloud-based digital banking platform, omni-channel alerting tools and mobile commerce/remittance solutions integrated into clients’ existing online and mobile channels.