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Money-on-Mobile, A Subsidiary Of Calpian, Inc. (CLPI), Receives Two Prestigious Awards

|Includes: MoneyOnMobile, Inc (MOMT)

Money-on-Mobile, a subsidiary of Calpian, Inc., was recently honored with two prestigious and highly competitive awards for its outstanding contributions in the area of mobile-based financial services. Founded in 2012, Money-on-Mobile is the largest mobile payments company in India.

The first award presented to the company, The FIPS Award, was given by Elets Technomedia Private Limited. This honor is awarded to companies that offer outstanding financial services through the creation of an excellent payment system and also contribute to the inclusive growth of India's economy.

The second award, The Aegis Graham Bell Award for Innovation, was presented to Money-on-Mobile in the mobile payments category. The Aegis Graham Bell Award is presented each year by the Aegis School of Business, India's leading business school for telecom management, and recognizes excellence in the field of telecom, Internet, media, and edutainment (T.I.M.E.).

Through its subsidiaries, of which Money-on-Mobile is one, Calpian provides an integrated suite of payment processing services and related software-enabling products to the merchant community in the United States. Money-on-Mobile is a prepaid mobile payment solution utilized by more than 163,000 retail locations and more than 71 million unique users in India.

Based in Dallas, Texas, Calpian was founded in 2010 and is headed by a management team with more than 70 years of combined experience in the payments business. Company CEO Harold Montgomery is a noted industry leader who has provided expert testimony on payments-related issues to the U.S. Congress and Federal Reserve Bank; he also appears regularly in various industry publications.

For more information about Calpian, visit calpian.com

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