News blog

Vipera

• BY: Andrew Hore |
• POSTED: 02/08/2013 |

Mobile financial services provider Vipera has signed an agreement with KPMG’s Italian consultancy business.

The two firms had previously worked on an implementation of Vipera’s Motif mobile banking services product for an Italian bank.

Earlier this year, Vipera signed a partnership with Equens, the largest pan-European payment processor. Vipera is also integrating Red Zebra Analytics’ 3D Offers product on its platform.

In the six months to June 2013, Vipera nearly trebled its revenues to £733,000 and the loss was cut from £537,000 to £31,000. Net cash was £177,000 at the end of June 2013.

At 4.38p a share, up 1.25p, Vipera is valued at £5.69m.

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