Mobi724 Global Solutions Inc.

Mobi724 Global Solutions Inc. is a provider of advanced card-linked solutions that enhance customer engagement and optimize marketing strategies for financial institutions and merchants, leveraging AI for real-time interactions. Founded in 2012 and headquartered in Montreal, Canada, Mobi724 Global Solutions Inc. specializes in card-linked solutions that improve marketing effectiveness.

The company has not undergone any major strategic pivots nor does it have known subsidiaries. The founder, Johnny Hawa, has been pivotal in developing the company's innovative solutions. Mobi724 raised USD 1 million in PIPE funding in September 2017, led by BDC Capital, with this being their first recorded deal, bringing the total amount raised to USD 1 million. Mobi724 Global Solutions Inc.

specializes in advanced card-linked solutions that provide actionable intelligence to enhance customer engagement for financial institutions, payment networks, merchants, and mobile wallet operators. Their offerings utilize artificial intelligence to deliver personalized rewards for cardholders, facilitating seamless interactions at points of sale. The company supports a diverse client base, including over 1,200 retailers across North America and Latin America. Mobi724's strategic partnerships since 2018 further emphasize their capability in delivering tailored technology and insights within the retail and banking sectors.

Mobi724's revenue model is founded on partnerships with banks, payment networks, and merchants, leveraging subscription services and performance-based advertising. The company generates revenue through AI-enhanced campaigns that promote cardholder engagement, complemented by business-to-business collaborations. Their flagship solutions enhance loyalty programs and customer engagement initiatives, focusing on maximizing ROI through a pay-per-performance model. This pricing strategy is designed for flexibility, allowing businesses to scale their marketing efforts effectively.

Mobi724 Global Solutions Inc. aims to introduce new products focused on enhancing customer engagement by the end of 2023. They plan to expand their services into new geographic markets, specifically targeting regions in Europe and Asia by mid-2024. The recent funding of USD 1 million will be allocated to support product development and facilitate market entry, ensuring that the company can meet the growing demand for their innovative offerings.