DGAP-News: UMT United Mobility Technology AG / Key word(s): Miscellaneous
Munich, 16 December 2021
UMT Group publishes Letter to the Shareholders: Strong growth also expected for full year 2021, guidance confirmed
The Letter to the Shareholders is available on the Company's website at www.umt.ag.
As a "TechnologyHouse", UMT United Mobility Technology AG stands for the development and implementation of customized solutions for the digitalization of business processes. As a FinTech company, UMT licenses one of the largest mobile payment platforms in Europe and acts as a central interface between all relevant parties such as large retail chains, banks, bonus program providers and end consumers. UMT's technology is in live operation at around 16,000 stores and 71,000 checkouts. In Germany alone, over 14 million users have been able to use UMT's mobile payment technology for 5 years.
The IT and consulting expertise built up over a decade in the field of e-commerce and payment (Multi-Currency & Crypto-Money) is the basis for value-creating investments in companies with a low level of digitalization. The focus of activities is on medium-sized companies with future-oriented and stable business models. The aim is to unlock new growth potential through active further development, particularly in the area of digitization, and a forward-looking buy-and-build strategy for the specific consolidation of a fragmented market, and thus to realize significant revenue and earnings growth with sustainable profitability and steady cash flow.
16.12.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
UMT United Mobility Technology AG
Brienner Straße 7
+49 (0) 89 20 500 680
+49 (0) 89 20 500 555
Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Basic Board), Hamburg, Munich, Stuttgart, Tradegate Exchange
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