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Calpian, Inc. (CLPI) Money-on-Mobile Service Now Serves 57+ Million Users

Jul. 16, 2013 2:55 PM ETMOMT
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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.

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