mBlox reports a 46% growth in mobile transactions

February 15, 2010 - 3:03pm | News | Mobile finances |
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mBlox reports a 46% growth in mobile transactions

mBlox, a mobile transactions network, announced that in 2009 the company successfully processed over 3.5 billion application-to-person transactions which is 46% up from the previous year. In 2009 mBlox achieved revenues in excess of $110 million. Total revenue for mBlox in 2009 increased by more than 10% as compared with the year before. 

“In 2009, mBlox saw its tenth consecutive year of 30-percent-plus volume growth globally for application-to-person messaging and we have also maintained our global leadership in processing premium transactions with a total retail value more than twice that of our next largest competitor,” said Andrew Dark, CEO, mBlox. “This demonstrates the immense power of SMS to deliver consumer value for businesses. We have seen growth in many sectors, including financial services, entertainment, transport and online service sectors. Although the SMS market in North America began later, the impressive and accelerating growth hints at the innovation and vast potential in the region. The dramatic increase in mBlox market share in France and growth in other territories demonstrates the value of our global presence and focused strategy.”  

Among other things mBlox also reports the following achievements during 2009: 

  • mBlox created m-ticketing delivery service for Arriva Buses working with Concept Data Technologies and Arriva for a national UK launch, considered the largest deployment of its kind in the world.
  • mBlox provided the SMS service for the European Environment Agency's 'Eye on Earth' application -- based on Microsoft technology -- to bring air and water quality data to mobile phone users across Europe.
  • Powered messaging services for Eagle Eye Solutions’ patented voucher technology, used across multiple National United Kingdom retailers, achieving a 300 percent rise in vouchers redeemed by in-store chip and pin machines and electronic point-of-sale systems.
  • mBlox provided mobile-application provider GOGII with a messaging platform that takes texting to the next level, currently sending up to 3 million messages daily.
 




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