Tuesday, 02 January 2024 12:17 GMT

Vipera advances as Mashreq Bank app hits user milestone


Date:

(MENAFN- ProactiveInvestors) Shares in payment technology group Vipera (LON:VIP) advanced on Monday morning after unveiling an upgrade to its mobile banking app for UAE’s Mashreq Bank.

The company which has supplied the Motif app for Mashreq customers in UAE Egypt and Qatar since 2008 also told investors that more than 100000 of the bank’s customers now use the mobile platform.

"Our relationship with Mashreq Bank is highly valued and it is great to see the pick-up in usage of the mobile app following the latest release” said Marco Casartelli Vipera chief executive.

Vipera shares were up 0.12p 2% trading at 5.88p having reached as high as 6.35p in early deals.


ProactiveInvestors - UK

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