Stevens & Bolton LLP advises AIM listed Monitise plc on up to £15.8m equity fundraising round

Stevens & Bolton LLP acted for Monitise plc on its latest equity fundraising on AIM of up to £15.8m and also on related heads of terms for joint ventures with First Eastern (Holdings) Limited and The Carphone Warehouse Group plc.

The proposed First Eastern joint venture will roll out Monitise's Mobile Money platform across the Asia Pacific region and the proposed Carphone Warehouse joint venture will create a mobile money network to extend mobile banking and payments into the retail sector.

Monitise plc is the world's leading mobile banking and payments partner.

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