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Mint Corp V.MIT

Alternate Symbol(s):  MITJF

The Mint Corporation, through its subsidiaries, is a globally certified payments company. The Company is focused on offering financial services to the unbanked salaried worker in the United Arab Emirates (UAE). The Company provides employers with payroll cards for their unbanked employees. It offers employers scalable, flexible and payroll card management solutions through its globally certified payments platform. It also focuses on facilitating payroll disbursement for unbanked workers, employees not qualified for traditional bank accounts. Its UAE operations comprise five entities, including Mint Middle East LLC (MME), Mint Electronic Payment Services Ltd (MEPS), Mint Capital LLC (MCO), Mint Gateway for Electronic Payment Services (MGEPS) and Hafed Holding (Hafed). MME is a payroll card services provider facilitating an automated and secure payroll system to employers in the UAE. Its UAE operations payroll cards and mobile app are branded under the Hafed name.


TSXV:MIT - Post by User

Bullboard Posts
Comment by habstraderson Jan 29, 2013 10:13am
179 Views
Post# 20904789

RE: Meant Agreement for Remit

RE: Meant Agreement for Remit

Great news !!! I love the "low risk, lower reward strategy than the previously announced acquisition but one we are now more comfortable with following completion of the Arab Link negotiations."

They were maybe to aggressive with their strategy of Speed Remit acquisition, one step back, 2 step foward !

"We are delighted with the potential of this new relationship with Arab Link which enables us to now complete our value added services offering in addition to our existing mobile top up and micro finance business units."

Bullboard Posts