Mint Corp V.MIT

Alternate Symbol(s): MITJF

Financial Services Credit Services

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

Mint Corp

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Post by SoftLandingon Feb 02, 2017 7:28pm

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Post# 25792512

The Beef In The Burger

It has taken almost 100 million in debt financing, along with a huge miscalculation when we first entered the MENA region, to get us to the point where we now stand. Micro Financing as a service to card holders is the cash cow that is the "beef in the burger" to winning contracts, and driving profits. The "risk capital" has already been spent building the network. The "reward capital" that they now require to set the cornerstone financial driver has already been secured. They would not halt the company for over a day and offer up the "key to the kingdom" if that key was not already in their pocket. This could be big.

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