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Digital Virgo registers with French Financial Markets Authority.

INTERNET BUSINESS NEWS-(C)1995-2019 M2 COMMUNICATIONS

Digital Virgo has announced the registration of its Document de Base with the French Financial Markets Authority (the "AMF") on 24 April 2019 under number I.19-010, the company said.

This represents the first step towards Digital Virgo's planned initial public offering on the regulated Euronext market in Paris, subject to market conditions and AMF approval of the IPO prospectus.

Digital Virgo intends to become a player in telecom payment within the mobile and digital ecosystem by: supporting telecom operators in the overall management of their payment solutions; and providing merchants with a direct solution to monetize goods and services through mobile subscriptions.

With consolidated revenue of nearly EUR 258 million in 2018, the company is positioned at the heart of a dynamic ecosystem made up with telecom operators, merchants (content producers, media, ticketing companies, etc.) and digital advertising platforms (Google, Facebook, etc.).

Digital Virgo designs and provides solutions for payment and monetization of goods and services charged to subscribers via the telecom operators' bill or pre-paid cards (fintech). The performance of these operations is enhanced by strong expertise in mobile digital marketing (adtech). Created in 2008, the Group now operates in 48 countries, through 26 offices, and deals with 120 telecom operators and more than 200 merchants. Its history and its growth are intimately linked to rapid expansion of new mobile usage over the last few years.

Digital Virgo is an international BtoB Group that operates in the payment and monetization markets through telecom operators' billing solutions. The Group's success is based on its mobile DNA, its mastery of the telecom environment and its ability to anticipate developments linked to the digital marketing sector. For more information: digitalvirgo.com

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Publication:Internet Business News
Date:May 2, 2019
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