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.
To view the full announcement, please click on the button below.