"ISX is a Euro focussed company, with an opportunistic eye on the evolving Australian landscape"
Investor Briefing September 2018
Melbourne, Sep 25, 2018 AEST (ABN Newswire) - iSignthis Ltd (
ASX:ISX) (TA8:FRA) provides the Company's Investor Briefing presentation.
What does iSignthis do?
We are a leading payments, eMoney and identity technology company, publicly listed on the Australian Securities and Frankfurt Stock Exchange (ASX:ISX) (TA8:FRA).
We are an EEA authorised, deposit taking, Monetary Financial Institution and have licenses to operate transactional banking services across Europe and Australia.
We provide EU/EEA and Australian businesses with transactional banking and a complete customer onboarding solution from remote identity verification to payment processing, settlement and deposit taking services.
This is achieved via our patented Paydentity(TM) platform and ISXPay(R).
We are Principal members (Tier 1) of Visa, Mastercard, JCB, and an aggregation partner of AMEX, with SWIFT membership (Bank Identifier Codes : ISEMCY22, ISEPAU31 & ISIGAU31) and Central Banking Facilities.
Through our Probanx.com subsidiary, we also supply core banking software, to more than 15 banks in North America, Asia Pacific and the EU/EEA.
Quarterly summary
Highlights
Audited accounts reflect the following revenue performance for the period ending 30 June 2018
- Revenue in FY18 compared to FY17 is 363% greater
- Revenue in Q4FY18 compared to Q3FY18 is 167%greater
- Revenue in Q4FY18 was in excess of $3.95m
- Unaudited revenue for the 6 months from 1st January 2018 to 30th June 2018 was in excess of A$5.5m
Cash Receipts increased to A$2.633m, representing a 67.4% increase versus the March quarter of A$1.571m
Management focus is on building a global, long term sustainable business
"Our fixed cost based has remained relatively stable - our Cost of Goods have temporarily increased to facilitate sustainable long term growth under unexpected conditions."
To view the full presentation, please visit:
http://abnnewswire.net/lnk/5Y7V89VH
About iSignthis Ltd
iSignthis Ltd (ASX:ISX) (FRA:TA8) is a hybrid monetary financial institution and also a RegTech leader in remote identity verification, payment authentication with deposit taking, transactional banking and payment processing capability. iSignthis provides an end-to-end on-boarding service for merchants, with a unified payment, electronic money and identity service via our Paydentity(TM) and ISXPay(R) solutions.
By converging payments and identity, iSignthis delivers regulatory compliance to an enhanced customer due diligence standard, offering global reach to any of the world's 4.2Bn 'bank verified' card or account holders, that can be remotely on-boarded to meet the Customer Due Diligence requirements of AML regulated merchants in as little as 3 to 5 minutes. Paydentity(TM) has now onboarded and verified more than 1.5m persons to an AML KYC standard.
iSignthis Paydentity(TM) service is the trusted back office solution for regulated entities, allowing merchants to stay ahead of the regulatory curve, and focus on growing their core business. iSignthis' subsidiary, iSignthis eMoney Ltd, trades as ISXPay(R), and is an EEA authorised eMoney Monetary Financial Institution, offering card acquiring in the EEA, and Australia.
ISXPay(R) is a principal member of Mastercard Inc, Diners, Discover, (China) Union Pay International and JCB International, an American Express aggregator, and provides merchants with access to payments via alternative methods including SEPA, Poli Payments, Sofort, PRZ24 and others.
Probanx Solutions Ltd, a wholly owned subsidiary of iSignthis Ltd, provides API based access to CORE Banking solutions, SEPA Core, SEPA Instant and SEPA business scheme, for neobanks, banks, credit unions and emoney institutions, and provides a bridge to the Eurosystem's Central Bank of Lithuania's CENTROLink service.
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