Appointment of Investor Relations Advisor
Sydney, Feb 8, 2022 AEST (ABN Newswire) - Mie Pay Ltd (NSX:MIE) is pleased to announce that it has appointed Convergence Capital (AFSL 503221) as investor relations advisor to a proposed convertible note issue.
As the Company transitions from a payment company to an internet of things (IoT) provider to SMEs (see announcement dated 16 November 2021), it is looking to raise further capital to fund on-going development and expansion of clients/users.
The Company is also considering a listing on the Australian Securities Exchange (ASX) in due course, in order to attract wider investments and to improve liquidity.
About Mie Pay Limited
MIE Pay is a technology driven payments company that facilitates online and offline commerce between retail merchants and end customers. Its operations are based in Auckland and Sydney.
It is a fintech business building an innovative financial technology ecosystem, the core of which is an interactive payment platform, that not only delivers an improved shopping and checkout experience, with payments included as a component, it's also focused on lowering acceptance costs for merchants and aims to supplement the experience with value-added services.
An e-Commerce SaaS platform IE MALL has also been built providing APP-based commerce and in-APP payments for merchants. This technology is being increasingly embraced providing omni-channel shopping experiences for customers.