Calpian, Inc. (CLPI) Money-on-Mobile Service Now Serves 57+ Million Users
Today before the opening bell, Calpian announced that the Money-on-Mobile service offered by its Indian subsidiary was accessed by approximately 57.8 million unique phone number customers as of June 30, 2013, up from the 53 million reported from the previous month. Also notable, the fast-growing service is now being supported by 143,057 retail locations, increased from 138,711 on May 31, 2013.
"With the recent launch of an Android solution, Money-on-Mobile is poised to extend its growth into entirely new Indian consumer markets," stated Calpian CEO, Harold Montgomery. "We could not be more pleased with its performance."
Calpian is a multi-national company with corporate offices in Dallas, Texas, operating centers in Georgia, New York, and Illinois, and mobile payments emerging-market operations through its subsidiary in India. The company's management team has over 70 years in combined experience in the payments business. For more information, visit www.calpian.com.
Please see disclaimer on the MissionIR website
http://www.missionir.com/disclaimer.html
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.