Calpian’s MoneyOnMobile is India’s largest mobile phone-based payments network. The company addresses this greenfield opportunity in a country of 1.3 billion people, at least 50% of whom are unbanked and have no access to the convenience of electronic payments common in the West. MoneyOnMobile is growing rapidly, having serviced over 170 million cumulative unique mobile phone subscribers through our more than 306,000 retail distribution points across India. The company processes over 10 million transactions each month totaling over $90 million in processed volume. MoneyOnMobile is poised to be a winner in India, the world’s largest greenfield mobile payments opportunity.
Forward Looking Statement
On March 8, 2016 and ending on March 8, 2017, Liviakis Financial Communications, Inc. (“LFC”) was retained by Calpian, Inc. (CLPI) in various consulting capacities including strategic management planning, investor relations and other business development responsibilities. In lieu of paid expenses, salaries or commissions, LFC will be compensated in the amount of 1,250,000 shares of Calpian Inc. restricted under rule 144. Officers and employees of LFC will buy or sell shares in Calpian, Inc. prior, during or after this release. LFC advises Calpian, Inc. but does not provide investment advice. LFC is not a registered investment advisor or broker-dealer. All material provided regarding Calpian, Inc. including, but not limited to its history, corporate status, and other developments was prepared using information approved and signed off by Calpian, Inc. management as approved for public dissemination. Although the information contained herein is believed to be reliable, LFC makes no warranties as to the accuracy of the description of any of the content herein and accepts no liability for how readers may choose to utilize it.