Monday, January 29, 2018 — MoneyOnMobile has announced the company completed a $7.6 million fundraise which will provide new capital through the issuance of Series F Preferred Shares.
“We are pleased with the positive response from investors and the speed with which we closed this investment during what is normally a relatively slow time of the year for fundraising. This capital infusion will enable us to continue to execute our business plan and drive growth across our product lines,” says Harold Montgomery CEO and Chairman.
Terms of the Series F investment structure can be found in the 8k filing here: http://bit.ly/MOMTSeriesF