Fobi AI Inc V.FOBI

More to come in ICELAND

[thearab]

Rob Anson, Fobi CEO stated: “The solution for S4S is a perfect example of a win-win deal for Fobi’s Wallet pass solution. Helping companies with their digital transformation is what we are all about and replacing plastic gift cards with Wallet pass digital gift cards makes enormous sense. Wallet passes are also a green and environmentally friendly alternative to traditional plastic gift cards. Working with Leikbreytir we were able to deliver a custom solution for S4S that solved their pain point in a remarkably fast time frame, which further supports the innovation and agility that the Fobi team bring to every project we work on.”

 

To this end, Fobi and S4S have commenced discussions on expanding their relationship through integration of Fobi’s loyalty program capabilities.

 

GIFT CARD MARKET GROWING FAST, EXPECTED TO GROW EVEN FASTER AND PRESENTS THE PERFECT USE CASE FOR FOBI WALLET PASSES

 

According to a report by Persistence Market Research, during the 2016 - 2020 period, the gift card market grew at a CAGR of 8.3% - but is expected to grow even faster from 2021 to 2031 due to the advent of digital gift cards creating a paradigm shift in the sector. Fobi is perfectly positioned to take advantage of this growing market with our Wallet pass technology providing analytics, marketing and engagement benefits far beyond the simple digital gift card solutions of our competitors.

 

[Unicorn9000]

How many people in Iceland maybe 100 and probably only 10 uses a gift card. scary stuff  let me know the actual number of people. I have never to Iceland  scarier stuff 

[pacer217]

I looked it up.  131,000 in Capital city and 345,000 in total country.  So maybe 80,000 gift cards in circulation?  The new customer is the largest  retailer in country,  that does not sell food. *** Another 30 to 40 countries coming in the next 6 - 8 months for FOBI!!  - easily

[Unicorn9000]

Thanks pacer for the info but I doubt 80k uses gift cards as most probably are out herding reindeers or salting shark meat. scary stuff indeed 

[Rogatien]

Hey unifcuk, enjoy your last day of bashing!!!!

[DirkRoberts]

I have never to Iceland? Looks like you spell as well as you scare people.

[Unicorn9000]

Why are you so uptight? I clearly left a word out and you can't edit your post. Big deal  scary that you knit picking that. wow someone is an English teacher  scary indeed 

[DirkRoberts]

You're right, honestly we don't respect you, even if you were to have all the words in a sentence.

[Unicorn9000]

Why are you mad at me for?  I didn't halt it for 3 days besides If I don't share the same sentiment as you is that a sin. it will tank scary stuff indeed 

[DirkRoberts]

I'm not mad at you. I feel bad for you. It's cringe. Only reason I haven't muted you, because it's like watching a freak show, not what a normal person would put all her energy into.

[Pucci1989]

True, there is not a lot of people living in Iceland. But the main positive takeaway from this deal is that the Decision Maker chose a FOBI solution. So, the population size is not that important to me as a LONG investor. All Decision makers, whether leading a small country, large country, small company etc. has to make smart, logical 'buying' decisions no matter what size organization or

[steamerlane]

Let's see, 150 countries without Wallpass,yep, only 149 to go! LOL

[Pucci1989]

Indeed... Lots of potential...Huge marketplace. A couple more sales and partnerships, accompanied with endorsements and marketing/sales efforts will lead to exponential growth is stock price and revenue IMO. It seems that FOBI's leadership has been executing deals and partnerships at a rapid pace over the past 12 months vs. their performance in the past.   Good Luck !