Monitise Acquires Pozitron Yazilim in a $100 Million Deal

On 3rd February 2014, London based mobile financial provider announced the purchase of Pozitron Yazilim, a Turkey-based mobile technology company. This deal, estimated to be around $100 Mn, enables Monitise to grab a better foothold in the Middle East region.

Monitise was founded in 2003 by Alastair Lukies (CEO). The company was recognised as a ‘Technology Pioneer’ by the World Economic Forum in 2005. Monitise says that have over 600 dedicated people working for Mobile Money Solutions including Adam Levene (SVP), Lee Cameron(COO) and

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