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Peppermint Innovation to provide payment solution for migme customers

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Digital payments company Peppermint Innovation (ASX:PIL) has signed an agreement with migme Limited (ASX:MIG) to look into providing a payment solution to migme customers in the Philippines.

The recently listed fintech Peppermint has built an app used by 45,000 of the customers of three of the biggest banks in the Philippines.

migme is a social network focused on India, Indonesia and the Philippines, which is also moving into payments.

Fintechs seek to disrupt the traditional banking system by using software to provide financial services.

Peppermint mobile banking, payments and remittance technology platform aims to provide access to banking services for millions of people not currently linked to traditional banks.

Peppermint listed through the shell of Chrysalis Resources.

 

 

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Quick facts: Peppermint Innovation Ltd

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ASX:PIL
Market: ASX
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