Plextek and RedCloud complete acquisition of Iceni Mobile
Grazed from BusinessWire. Author: PR Announcement.
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Plextek Limited, Europe’s leading independent business, product innovation and design consultancy and RedCloud Technology Limited, a leading investor in mobile financial services in emerging markets, today announced that they have entered into a definitive agreement to acquire the Intellectual Property Rights of Iceni Mobile Ltd including the mobile payments system (the I2S platform) developed by the same team that brought the world’s most successful mobile money service, M-PESA, to market.
The acquisition signifies both Plextek’s and RedCloud’s commitment to the mobile money market. With the founding team, the companies plan to deliver the technology as a platform as a service and create a new way in which mobile money and associated services are taken to market…


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