Tailwinds' Take: MoneyOnMobile is resuming their growth trajectory. The Company is the cheapest play on digital payments in India and is very well positioned to be merged into other platforms as they expand the reach and scale of their...
Tailwinds' Take: they have priced this basically in-line with the market and upsized the transaction, which demonstrates the demand they are seeing for offering. Furthermore, the deal only closes with an approved uplisting to Nasdaq and $4 million minimum...
MoneyOnMobile is looking to close their rights offering soon. This is the final piece of the puzzle for an uplisting to Nasdaq. If interested in meeting with them, it will be time well spent. To set up a meeting...
Tailwinds' Take: this is the prelude to an uplisting on the Nasdaq Exchange. Completion of this rights offering along with ramp up of installed ATMs are the next two positive catalysts for this very undervalued play on India's 1+...
MoneyOnMobile, Inc. (OTCQB: MOMT), announced the addition of three board members: Oleg Gordienko, Max Scherbakov, and AG Gangadhar. Each one is expected to play a valuable role in continuing MoneyOnMobile’s focus on market share growth across India as well...
This week, MoneyOnMobile (MOMT) filed a rights offering. If my reading of the tea leaves is correct, this deal, with RHK Capital acting as their banker, is significant for the Company. MOMT has long talked about uplisting to a major...
DALLAS and MUMBAI, India, March 5, 2018 /PRNewswire/ -- MoneyOnMobile, Inc. (MOMT) announced a partnership with Maharashtra State Road Transport Corporation (MSRTC), which was founded by the Government of Maharashtra in 1960. This partnership will enable MoneyOnMobile's participating retailers to now book bus tickets...
MoneyonMobile (MOMT) has been busy lately. The Company, which has already established itself as one of the leading mobile payment platforms in India, recently found itself capital constrained as it tried to keep up with the rapid growth in...
Tailwinds' Take: coupled with their recent financing, MOMT has positioned the Company for growth with a stronger balance sheet and the money required to roll out their MOM ATM in a much broader way. DALLAS and MUMBAI, India, Feb. 2, 2018 /PRNewswire/ -- MoneyOnMobile, Inc....
DALLAS and MUMBAI, India, Jan. 29, 2018 /PRNewswire/ -- MoneyOnMobile, Inc. (MOMT), one of India's largest phone-based payment networks, announced the company completed a $7.6 million fundraise which will provide new capital through the issuance of Series F Preferred Shares. "We are pleased with the positive response from investors...