Peppermint Innovation (PIL) has signed a merchant biller agreement with the Philippine’s leading micro-financial services provider. The deal with Cebuana Lhuillier will allow PIL’s bizmoto users to cash in money and top up their mobile wallet at any one of the partner’s 2500 shop fronts and accredited stores. In return, Cebuana will earn a fee…
Peppermint Innovation’s (PIL) share price soared 22 per cent yesterday as the market switched on to the potential of the fast-growing, largely untapped buy now, pay later (BNPL) market in Asia. Investors appear to have made the connection that this company shares the characteristics of some of the few successful buy now, pay later players…
Bizmoto’s partner agreements during the quarter will expedite its foray into the Philippines’ huge under-banked market. Fintech company Peppermint Innovation (ASX:PIL) has had a very productive quarter, after being reinstated to the ASX in February. The relisting follows the company’s heavily oversubscribed capital raise, which managed to bring in a total of $2.5 million, after…
Our pilot bizmoPay lending program is being rolled out to select bizmoto agents. To date, we have chosen about 10 bizmoto agents to trial bizmoPay as we aim to pursue full integration with the existing bizmoto platform and an application, approval and receival process that is seamless. So far, we have seen the small, micro-enterprise…
Peppermint has been granted a license to operate as an Electronic Money Issuer (EMI) by the Central Bank of the Philippines, in one of the biggest regulatory milestones achieved by the Company. The EMI license authorises the Company to deliver e-wallet services through its bizmoto mobile App – allowing any Filipino, not just bizmoto agents,…
Peppermint Innovation (PIL) has launched a new platform to deliver life and accident insurance products to the Filipino market. The new service, called bizmoProtect, provides micro-insurance via its bizmoto agent network and platform. Working on three levels of insurance cover, the app can be downloaded for Android phones, with iOS soon to follow. Through bizmoProtect, customers…