Fonix Mobile plc has completed a secondary placing

Fonix Mobile plc has completed a fundraising.

Founded in 2006, Fonix Mobile plc is a leading specialist in mobile operator payments, messaging and telephony. The company focuses on broadcast, charity, gaming, entertainment, transportation and digital brands, offering significant new revenue opportunities for businesses by providing frictionless payments that help them monetize their customer relationships and increase conversion rates in their checkout processes. The firm serves a distinguished client portfolio that includes organizations such as ITV, Bauer Media, Comic Relief, Children in Need, Channel 5 and Global.

Oaklins Cavendish, based in the UK, acted as bookrunner on the secondary placing for Fonix Mobile plc.