Monitise hikes guidance after stellar first half

Mobile banking technology firm Monitise saw its first-half revenue surge three-fold year-on-year as demand accelerates for its mobile money services.

Mobile banking technology firm Monitise saw its first-half revenue surge three-fold year-on-year as demand accelerates for its mobile money services.

Revenue in the six months ended December 31st was £15.8m, up from £5.3m in the same period the year before and 12% higher than the £14m in total revenue generated in the whole of the prior fiscal year.

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