{"id":250,"date":"2012-02-14T05:11:35","date_gmt":"2012-02-14T05:11:35","guid":{"rendered":"http:\/\/startups.co.uk\/?p=250"},"modified":"2021-05-18T17:28:05","modified_gmt":"2021-05-18T16:28:05","slug":"aim-new-business-of-the-year-2008","status":"publish","type":"post","link":"https:\/\/startups.co.uk\/fast-growth-business-awards\/aim-new-business-of-the-year-2008\/","title":{"rendered":"AIM New Business of the Year 2008"},"content":{"rendered":"<p><strong>Business description:<\/strong> Bringing banking to mobile, Monitise raised &pound;22.2m when it listed on AIM in June last year. Founded by Lukies and CTO Steve Atkinson, the chief architect of Vodafone, it initially grew as a corporate venture within Morse Plc, before a de-merger. It has formed partnerships with major players HSBC, Alliance &amp; Leicester, Vodafone, Orange, T-Mobile, O2 and BT Global Services, among many others, and was named a &lsquo;technology pioneer&rsquo; by the World Economic Forum in 2006.<\/p>\n<p><strong>Judges&rsquo; comments:<\/strong> The potential for Monitise&rsquo;s technology is huge, the judges felt; it could transcend many others and really transform an entire sector. And this was backed up by the confidence of investors who pumped &pound;22.2m into the business to fund growth, as well as the major banking institutions and mobile players that have signed up to its concept. There&rsquo;s no doubt a clear thought process that has gone into the building of this business: from its corporate venturing with Morse Plc in order to be taken seriously by the major banks, right through to its de-merger and the timing of its flotation on AIM to maximise fundraising.<\/p>\n<p>AIM is sometimes used in an opportunistic way, but this doesn&rsquo;t appear to be the case here. There is a risk to selecting Monitise for this category over some well-established, excellent and growing businesses, but if its technology becomes the standard for the industry that will be extremely compelling and could not be ignored.<\/p>\n<p><a href=\"http:\/\/www.monitisegroup.com\/\">www.monitisegroup.com<\/a><\/p>\n<p>&nbsp;<\/p>\n\n","protected":false},"excerpt":{"rendered":"<p>Business description: Bringing banking to mobile, Monitise raised &pound;22.2m when it listed on AIM in June last year. Founded by Lukies and CTO Steve Atkinson, the chief architect of Vodafone, it initially grew as a corporate venture within Morse Plc, before a de-merger. It has formed partnerships with major players HSBC, Alliance &amp; Leicester, Vodafone, [&hellip;]<\/p>\n","protected":false},"author":91469,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[141],"tags":[],"class_list":["post-250","post","type-post","status-publish","format-standard","hentry","category-winners-2008"],"acf":[],"yoast_head":"\n<title>AIM New Business of the Year 2008 - Startups.co.uk<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AIM New Business of the Year 2008 - Startups.co.uk\" \/>\n<meta property=\"og:description\" content=\"Business description: Bringing banking to mobile, Monitise raised &pound;22.2m when it listed on AIM in June last year. 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