Mobile FinTech Provider Digiliti Money (DGLT) Ringing NASDAQ Closing Bell May 8th
Minneapolis, MN based Digiliti Money (NasdaqCM: DGLT) is a leading cloud-based, SaaS technology provider serving the financial services industry with mobile money and remote deposit capture solutions for PC, Mac and mobile. Founded in early 2010 as Cachet Financial Solutions, Digiliti Money has quickly grown into a technology leader and trusted partner of some of the world’s largest and most respected financial organizations i.e U.S. Navy Federal Credit Union, US Bank, MasterCard and Visa. The company’s industry-leading solutions help clients to increase customer engagement, grow revenues and gain competitive advantage. Digiliti Money’s cloud-based technology platform simplifies development, deployment and servicing of consumer and commercial solutions—minimizing cost and accelerating speed-to-market and ROI. Enabled by Digiliti Money’s complete suite of business and consumer solutions, financial institutions can better serve the needs of all their customers. With significant growth, an impressive client base and award-winning technologies, Digiliti Money continues to drive innovation and deliver world-class solutions to financial institutions of all sizes. Digiliti Money has sold more than 900 products to over 600 leading financial services organizations over its history.
Digiliti Money announced today that they will ring the Closing Bell at the NASDAQ Stock Market on Monday, May 8, 2017, to celebrate the company’s rebranding, recent strategic accomplishments, successful capital raise and uplisting onto the NASDAQ Capital Market in March 2017. I, John Heerdink, will be attending this ceremony and I am very excited about this next phase that Digiliti Money is moving into as a publicly traded Nasdaq company and where the company is targeting to head in the years to come. The company recently rebranded as Digiliti Money in April 2017 to better reflect the company’s evolution as a mobile money technology leader capitalizing on multi-billion-dollar end markets.
Digiliti Money Chairman and CEO Jeffrey Mack stated, “Capping off what has been a successful start to 2017, this ceremony represents the culmination of all our efforts during the past year to reinvigorate our brand, strengthen our business financially, and increase our exposure to institutional and retail investors. Digiliti Money is leading the transformation of mobile financial services and has solidified its place among the preeminent financial technology providers that are enabling the swift and seamless movement of money. With our recently enhanced equity profile and balance sheet, we are in a prime position to accelerate our expansion within the massive prepaid market and scale our business to drive profitability for our shareholders.”
Digiliti Money (DGLT) will hold a conference call on Thursday, May 11, 2017, at 4:30 p.m. Eastern time (3:30 p.m. Central time) to discuss financial results for the first quarter ended March 31, 2017. Financial results will be issued in a press release prior to the call. Digiliti Money’s President and CEO Jeffrey Mack and EVP and CFO Bryan Meier will host the presentation, followed by a question and answer period. To participate please dial U.S. dial-in: 1-877-705-6003, International dial-in: 1-201-493-6725.
Recently, Digiliti Money, Inc. (NasdaqCM: DGLT) was selected as the mobile banking platform for New Jersey-based Garden Savings Federal Credit Union. The Select Mobile Money-Express (SMM-X) platform features a reloadable prepaid card, the Select Mobile Money Prepaid MasterCard®, which Garden Savings will offer its 25,000 members throughout New Jersey. The Select Mobile Money Prepaid MasterCard is issued by Central Bank of Kansas City (CBKC), Member FDIC, under license from MasterCard International Incorporated.
Digiliti Money’s award-winning Select Mobile Money is a cloud-based SaaS platform that enables financial institutions to offer their prepaid cardholders a full suite of convenient financial services in one easy-to-use mobile app. Available on iOS and Android systems, the platform can be integrated with existing card programs or used to develop a new prepaid card program, complete with a feature-rich mobile app and branded general purpose reloadable prepaid card. Powerful back-end analytics enable financial institutions to segment customers based on behavior and send relevant marketing notifications that keep customers engaged.
Digiliti Money’s Select Mobile Money prepaid mobile platform has also been selected as a 2017 Paybefore Pay Award winner for Outstanding White-Label Platform. Paybefore’s annual Pay Awards—which receives entries from around the world—is the most prestigious recognition of excellence in the global prepaid and payments technology industry. Select Mobile Money will now vie for Best-in-Category distinction, which will be featured in Paybefore’s second annual Pay Magazine – Awards issue. Visitors to Paybefore.com will have a chance to vote for Best-in-Category designation through May 31st, 2017. The outcome of this vote will be combined with the judging panel’s picks to determine Best-in-Category honorees.
Please visit the Vista Partners Coverage Page on Digiliti Money, Inc. (NasdaqCM: DGLT) to stay up to date and to learn more about developments in fintech and this specific issuer.
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