News and Announcements
Moelis Initiates Research On BPS
- Published November 28, 2016 9:28AM UTC
- Publisher Wholesale Investor
- Categories Company Updates
25th november 2016, ASX Announcement
BPS Technology Limited “BPS (ASX:BPS) is pleased to announce that Moelis & Company, a leading USA and Australian Investment Bank and Stock Broker for the Mid-Cap sector, has initiated research on BPS with a favourable recommendation.
About BPS Technology Limited (ASX: BPS)
BPS Technology Limited (ASX: BPS) provides technology and payment platforms centred on SME’s. It is a profitable business operates in eight countries, capitalising on a number of significant growth opportunities. BPS operates three highly complementary and scalable businesses – Bartercard, bucqi and TESS.
Bartercard operates the world’s largest trade exchange. It allows SME’s to conduct $600m of additional business without the use of cash. bucqi is a disruptive payment, loyalty & rewards platform that allows consumers to pay merchants via an app for goods and services without using a card or cash. TESS develops software for trade exchanges. It is recognised and recommended as the preferred software by the global governing body of the industry.
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