PIL 5.00% 1.9¢ peppermint innovation limited

Merchant Biller agreement with Cebuana Lhuillier

  1. 3,326 Posts.
    lightbulb Created with Sketch. 287

    Pleasing to see Cebuana Lhuillier, the Philippine's largest and leading micro-financial services provider, further strengthening its ties with PIL.

    Today's announcement of course comes on top of Peppermint's launch of bizmoProtect a little over a month ago (Peppermint executes distribution agreement and launches micro-insurance product offering, 5 March 2021) that sees PIL offering life and accident insurance products backed by Cebuana Lhuillier Insurance Solutions.

    So a tango that continues to warm up.

    Cebuana's 2,500 shop fronts and accredited stories nationwide provide excellent geographic spread for convenient and readily accessibile 'cash-in' points for bizmoto agents,

    A problem solved.with alactrity, where everyone wins.

    Only a little over a week ago we saw PIL form a collaboration with one of the Big 5 banks in the Philippines, BPI (Peppermint signs API agreement with Bank of the Philippine Islands, 29 March 2021),

    Peppermint's bizmoto platform will integrate with BPI's systems and protocols, allowing BPI's four million enrolled online account holders and 8.8 million customers the opportunity to seamlessly access bizmoto's platform and services.

    So we see Peppermint's systematic and strategic roll-out continue.

    As CEO, Chris Kain said of today's signing:

    It is yet another 'brick in the road' as we build out our bizmoto ecosystem, further integrating our bizmoto platform into the established Philippines' payments industry as we seek interoperability across the digital payments landscape throughout the Philippines.

    There are plainly more strategic partners in the pipeline, growing agent numbers ...oh, and bizmoPay still to launch.

    I've been buying this on the back foot,.and view today's wobble as just another terrific buying opportunity.

    But please ...particularly all you loopy ingenues ...do your own research.

watchlist Created with Sketch. Add PIL (ASX) to my watchlist
(20min delay)
Mkt cap ! $30.18M
Open High Low Value Volume
2.1¢ 2.1¢ 1.8¢ $347.1K 18.16M

Buyers (Bids)

No. Vol. Price($)
11 4597290 1.9¢

Sellers (Offers)

Price($) Vol. No.
2.0¢ 200000 2
View Market Depth
Last trade - 16.10pm 07/05/2021 (20 minute delay) ?
-0.001 ( 0.00 %)
Open High Low Volume
2.1¢ 2.1¢ 1.7¢ 25226589
Last updated 15.54pm 07/05/2021 (live) ?
PIL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.