FingerMotion Inc. (FNGR) Building Revenues in China’s Growing Mobile Payments and Insurtech Markets

November 11, 2021

November 11, 2021 14:49:43
  • Rich communication services (“RCS”) and big-data insights provider FingerMotion has seen revenue growth of 25 percent year-over-year in its mobile SMS and MMS services, according to recent quarterly financial analysis
  • FingerMotion is beginning to record revenues in a third channel of operations thanks to its trademarked big data platform Sapientus, which is providing the foundation of an array of insurtech services
  • China’s mobile payment use saw a sharp increase last year in response to the COVID pandemic and telecommunications products and services providers such as FingerMotion anticipate continued growth during the coming years
  • China’s government is also encouraging development of its insurance industry services, providing optimism for continued demand for big data services such as Sapientus’ platform to help build the infrastructure
As mobile payments continue to inch their way upwards in China’s mature smartphone access market, communications technology solutions provider FingerMotion (OTCQX: FNGR) is building revenue growth and pursuing innovations to attract new users and increase engagement. FingerMotion noted in last month’s report on its Q2 financial position that quarterly growth in its SMS (texting) & MMS (phone photo, video and audio sharing) business revenue had hit 25 percent year over… Read More>> NOTE TO INVESTORS: The latest news and updates relating to FNGR are available in the company’s newsroom at https://ibn.fm/FNGR

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