Mopowered Grp Share Discussion Threads

[aishah] 31/12/2013 14:12

PSR of 20x on historic basis! What growth are they forecasting?

[bigdazzler] 30/12/2013 10:15

Agreed think once the publicity machine starts churning this share has potential to move heavily in an upwards direction at some stage in 2014.

Clearly a share you would not put the house on as there is certainly some risk attached to its type of business. However it is also positive that the company has contracts with some established names.

I have picked this share as I hope it's a sector that if it really catches on could really kick on and fly.

Look forward to good news and publicity in the coming year.

[1234ed] 26/12/2013 19:33

It has only been trading for a few days and will take some time to settle down. There has been little publicity over the IPO so the majority won't know about it yet. I expect to see an upturn in January when the shares press start coverage. I reckon there will be a fair bit of interest when investors actually look at what's on offer. This Company is party to a million transactions a year and has 120 clients (including Next and Superdrug), most of which have been grown over the past year not to mention tie ins with sagepay etc. With the funds raised through the IPO they also have cash to begin an aggressive expansion including a move into Europe and at the current market cap of around 16 million, the shares are cheap. If they continue to attract clients at the current rate, Mopowered could be one of the best growth stories of 2014. Look at what has been achieved with monitise. Most hadn't heard of them a year ago.

[insideryou] 26/12/2013 13:26

the shorters are having fun with this already. The AIM market should come with a warning that shisters are running the asylum with complete immunity.

[cottoner] 22/12/2013 10:30

Very interesting tie-in between news item identifying retail buying conversion rates between tablets and mobiles and information in MoPowered 's intention to float RNS.

New Item - Shoping trends to watch in 2014


Here are a few high­lights, plus key take­aways mar­keters should watch in 2014.

Mobile's Increas­ing Role in Cam­paign Productivity
•Mobile sales shat­tered records at the start of the hol­i­day shop­ping sea­son. For instance, on Thanks­giv­ing and Black Fri­day, nearly a quar­ter of all online sales came from mobile devices-both smart­phones and tablets.
•On Cyber Mon­day, sales from mobile were strong, with tablets account­ing for more than $400 mil­lion in sales or about 13% of online sales.

Key Take­aways: It's no sur­prise that mobile con­tin­ues to grow as more cus­tomers adopt tablets and smart­phones to surf the web and, increas­ingly, shop online. There's a divide grow­ing between tablets and smart­phones, however.

Tablets enjoy a higher con­ver­sion rate, and the data shows cus­tomers pre­fer shop­ping via tablet. Smart­phones, on the other hand, aren't con­vert­ing as effi­ciently. For instance, on Cyber Mon­day, smart­phones accounted for nearly 30% of traf­fic to retail­ers' web­sites, but con­ver­sion rates were much lower. Thus, a trend to watch in 2014 will be that push toward opti­miz­ing the smart­phone shop­ping experience.


From MoPowered's intention to float RNS:

Focus on conversion

As the percentage share of web traffic from mobile devices increases, the need to improve the conversion rate from browsing to sales via this mobile channel (to levels comparable with a traditional e-commerce offering site) also increases, in order to monetise customer relationships. A case study of a business prior to it becoming a client of MoPowered shows the desktop conversion rate for this particular business was over 2.5 per cent., while the mobile conversion rate without an m-commerce enablement system, such as was provided by the MoPowered Platform, was only 0.5 per cent., i.e. one fifth as effective.



By introducing the MoPowered Platform to clients, MoPowered aims to close the conversion gap between mobile conversion rates and desktop conversion rates using various techniques. These include improvements in page loading times, providing an easy browsing experience suitable for a smaller screen and simplifying the checkout process, by, for example, reducing the amount of data entry required by the user. Mobile friendly payment systems which can be exploited by clients' mobile sites via the MoPowered Platform, are important in ensuring that a customer completes their purchase. In addition, abandonment recovery techniques, which MoPowered is currently developing, may limit lost revenues and encourage customers not to go to alternative sites to do research or make a purchase


Conclusion

Looks like MoPowered have the right product at the right time and should benefit greatly from the growth of retail shopping using smartphones.

[cottoner] 21/12/2013 23:23

Tech Innovators 2013: MoPowered

Date: 29 August 2013

Article: Profile

Based in: London

Founded in: 2008

No. of employees: 40

Company co-founder: Dominic Keen

Founder profile:

Having helped grow online bank Egg prior to its sale to Citi Group in 2007, Dominic Keen is a well-known pioneer in online commerce. He co-founded MoPowered to act as a service provider for the $1 trillion of global m-commerce transactions that are forecast for 2015.

Background business profile:

Dedicated to providing m-commerce for all, MoPowered represents a recognised, accessible and cost-effective service to help all retailers to take advantage of the growth opportunities offered by increased levels of mobile traffic. MoPowered enables merchants to quickly and seamlessly execute a mobile strategy via mobil e-friendly websites and apps.

Inside track:

Having rode the wave of online banking success when part of the team which IPO'd Egg and ultimately sold it to Citi Group, Dominic Keen has set up MoPowered to address the rise of mobile smartphones.

The SaaS product that has been created is firmly aimed at the B2B market and building mobile-friendly websites so that engagement can be improved.

Already Keen has big plans for his business – ones which will have to be expedited quickly to keep up with a fiercely competitive environment. 'We are looking to IPO on AIM in the next 12 months, so are working quite hard to get that away,' he reveals. 'We have launched a pre-IPO funding exercise which is looking to raise £1.5-2 million.'

When pressed on why London's AIM market has been chosen as the company's ultimate home, Keen says that becoming public will give MoPowered's customer base more confidence in its offering. 'It's a more exciting place to be right now as much more money is coming back into AIM.

There is a higher risk appetite for investors in tech, which hasn't been there recently,' he adds. Two floats during the last year which have given him confidence are those of WANdisco and blur Group which, to him, signify that AIM is opening up a bit.

For business targets, MoPowered will be growing its pipeline by continuing to educate B2B consumers on the benefits of a mobile presence.

'Our sweet spot is those between the £1 million and £20 million of online trading. For them, our proposition is clear and differentiated.'


Recent milestones:
•Processing around 500,000 transactions a month
•60 live clients
•PCI-DSS Tier 1 processor

Upcoming milestones:
•Cash flow positive at the end of 2013
•Expansion into European markets in 2014

Recent technology:
•MoPowered's WebFlow technology automates the onboarding process for new merchants, to make the cost of implementation very low Integration with new e-wallet products such as PayPal Shortcut, V.Me and Masterpass help to improve conversion optimisation across the mobile and tablet channels
•New platform features for improved search, enhanced site performance and compatibility with key mobile marketing methods

Alliances:

PayPal
WorldPay
Sage Pay
MasterCard
SecureTrading

Investors:

Anthemis Investments
Oxford University
Government Angel CoFund

[cottoner] 21/12/2013 23:07

MoPowered, a leading mobile commerce specialist, and Realex Payments, an established e-retail payment service provider, today announced a partnership that will enable online merchants to create new sales opportunities with the rapidly growing mobile channel.



MoPowered, a leading mobile commerce specialist, and Realex Payments, an established e-retail payment service provider, today announced a partnership that will enable online merchants to create new sales opportunities with the rapidly growing mobile channel.

Jon Sheard, Head of UK Corporate Business Development at Realex Payments said of the partnership: "MoPowered's mobile solutions offer merchants a comprehensive range of m-commerce services that perfectly complement our payment solutions. We are extremely pleased to be working with their team to drive the mobile agenda covering all key aspects from marketing, operations and the payments cycle – all the necessary elements of a successful e-tail strategy in 2014."

The Realex Payments partnership with MoPowered will ensure that mutual customers have the benefit of working with industry leading mobile software alongside PCI-DSS level 1 compliant payment solutions allowing retailers to provide a seamless payments experience for their clients.

Richard Jolly, Channel Director at MoPowered added, "MoPowered is delighted to announce its partnership with Realex Payments, one of the UK's major payment providers. Realex Payments' merchants can now benefit from a complete suite of innovative mobile payment solutions. Our partnership with Realex will support merchants' omni-channel strategies and optimise the commercial opportunities created by the huge increases in smartphone and tablet adoption witnessed in 2013. MoPowered works with both multi-channel enterprise brands – such as Next, DFS, BBC and Waterstones – as well as many SME retailers. In each case, MoPowered understands that secure, multi-channel payment solutions across multiple mobile devices are vital contributors to a business expansion strategy."

The payments industry is seeing exponential growth in m-commerce which cannot be ignored. With m-commerce in retail showing 133% YoY growth in August according to the IMRG and overtaking standard ecommerce for the first time , online retailers must cater for all devices including mobile and tablets.

"Realex Payments and MoPowered are looking forward to 2014. We keep hearing that this truly is the year for m-commerce, but are retailers fully prepared? With mobile transactions overtaking ecommerce, now is the time to adopt a holistic m-commerce strategy." Jon Sheard concludes.

[cottoner] 21/12/2013 23:04

Realex Payments enters partnership with MoPowered
Wednesday 18 December 2013 | 08:10 AM CET


MoPowered a provider of mobile commerce services and mobile web optimization, has entered a strategic partnership with UK-based payment processing services developer Realex Payments.


Realex Payments provides consultative services to establish an enhanced suite of solutions, including payment processing in credit and debit cards and alternative payments on the merchant's site or through a customisable and device responsive Hosted Payment Page, PCI compliant tokenisation (save card, pay with saved card) with 3DSecure authentication, Dynamic Currency Conversion offering foreign currency exchange rates to customers at point-of-sale (POS) and others.

Realex Payments is one of Europe's largest and fastest growing online payment gateways, providing a range of payment processing services for businesses selling online and processing payments valued in excess of £20Bn per annum on behalf of 12,500 retailers throughout Europe.

[cottoner] 21/12/2013 22:53

Mobile 'double bubble' over two weekends sees 60% of Brits shopping more thanks to tablets.

December 17, 2013 - 3:50 pm

'Cyber Monday' was widely hailed as the busiest online shopping day of the year, while last weekend saw the second 'double bubble' of Christmas shopping surges on eBay with the busiest weekend yet. Rounding out the Christmas predictions, this Sunday 15 December brought a peak in mobile shopping around the world as consumers pick up their mobile devices when last minute inspiration (or panic!) strikes.

This is just one of the mobile and tablet trends influencing shopping habits in Britain today. In fact, the rise of the tablet is making it easier than ever before for those wanting to shop last minute, anywhere, any time. According to the new research[1], over 80% of tablet owners are using the devices to shop, with over 60% saying they will do more Christmas shopping because of their tablet.

The study, compiled by retail analysts Conlumino, also reveals that tablets are a likely source of shopping inspiration for those hard to buy friends and relatives. Over 60% say they regularly use tablets when browsing and deciding what to buy, and 43% are using them to compare prices online.

What's more, the popularity of smaller tablets is fuelling the mobile shopping trend, with 70% regularly using them 'on-the-go'. Almost two thirds (60%) opted to buy a small tablet because they wanted to be able to carry it around with them, and 43% wanted something that could fit in their handbag. Around 60% of tablets purchased on eBay in the UK in the last three months have been smaller tablets, underlining this demand.

Although the research shows physical shops are likely to take the highest share of Christmas shopping spend (66%), tablets come in second place, taking a quarter of the budget (25%), more than desktops and laptops combined.

eBay's own analysis shows that customers who shop on a tablet, in addition to another device, typically spend twice as much[2] with the online marketplace as those who shop on only one device such as desktop.

Olivier Ropars, Senior Director of m-commerce, eBay Europe, explains: "Shoppers want convenience, speed and choice – they want to shop anytime, anywhere, on any device, and we're really seeing this in the run up to the festive period. However mobile shopping isn't just for Christmas, it's here to stay. Therefore in the New Year it's crucial for retailers to think about their virtual shop window and what that looks like from a smartphone or increasingly, a tablet."

Some Yuletide eBay Tablet Shopping Fast Facts to fill your stockings:
• Almost three quarters (71%) of tablet users like to shop on the sofa
• 58% admit to shopping in bed
• The evenings are the peak time for tablet shopping, with a third of tablet owners using it to shop between 6pm and midnight
• 9pm is the peak time for tablet shopping
• One in five have access to more than one tablet

[tech] 20/12/2013 15:08

Overhang looks cleared

[aim_trader] 18/12/2013 13:10

"MoPowered takes retail therapy to the smartphone set"

"Stock market listing will provide financial firepower to build on impressive early success of tablet and mobile e-commerce platform."

[aim_trader] 18/12/2013 13:09

Listed today. Expecting lots of news flow

"Mobile phone e-commerce specialist MoPowered (LON:MPOW) made a steady start to its stock market life, trading at a small premium to its 100p listing price in early trades.
The software firm has developed smartphone e-commerce platforms for some of the UK's biggest organisations, including retailers Next, SuperGroup and Waterstones.
Its technology sits alongside a client's desktop e-commerce offering and provides a browsing, check-out and payment services on a consumer's smartphone, with the aim to make transactions as simple and straightforward as possible.
The company raised £4mln through a heavily oversubscribed placing at 100p ahead of the listing and is now valued at about £16mln."

[aim_trader] 18/12/2013 13:05

MoPowered specialises in mobile commerce applications and solutions. We provide online retailers of all sizes with end-to-end, fully transactional mobile commerce websites. Business owners can effectively showcase their goods and services using mobile devices, leading to increased sales and deeper engagement.