NuMobile, Inc. has posted a ‘Mobile Cash Strategy Update Webcast’ presentation. NuMobile has been developing a mobile cash opportunity in East Africa.
The webcast focuses on the mobile cash strategy for east Africa, this is a Greenfield partnership strategy with Nova energy. The strategy is to develop a number of diverse local strategies, they have acquired a manufacturing company and agreed terms on an integrator. They now plan to acquire a mobile cash operation which is already doing $5m in revenue in mobile payments.

The Webcast provides an overview of NuMobile’s business plan to build a portfolio of security and software solutions for the global mobile computing and smartphone market, including a review of the Company’s two recent acquisitions, management team and plans for organic growth. The Webcast further discusses NuMobile’s participation in the NewMarket Technology, Inc. (PINKSHEETS: NWMT) (OTCQB: NWMT) Greenfield Partnership Program. NuMobile was the first company to join NewMarket’s Greenfield Partnership Program last year. The program has been an integral part of NuMobile’s early stage development strategy and was developed to accelerate and enhance the introduction of new technology innovations into new markets.