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NASDAQ:OTC:FNGR

According To Allied Market Research Mobile Payments Are On Track To Exceed $12 Trillion(1)

FingerMotion (STOCK:FNGR) Is In This Sector That Could Exceed $12 Trillion According To Allied Market Research(1) 

News Release 1-7-2021
FingerMotion Moves to the OTCQX – Top Tier of OTC Markets

The mobile payments industry could be worth up to $12.06 trillion by 2027 with a CAGR of 30%(1)

But this may only be the start of a MUCH BIGGER boom.

Especially with more than 5.2 billion – and growing — mobile phone users all over the world.(2)

Plus, consider this.

There’s sky-high demand nowadays for contactless payments in retailers, which has just begun to boost global demand for mobile payments.(3)

6 Reasons to Consider FingerMotion (STOCK:FNGR)

  1. It’s capitalizing on a mobile payment industry that could be worth up to $12 trillion.
  2. Red hot chart and bullish technicals in the short, medium, and long-term
  3. It has three of the biggest e-commerce portals in its pocket – Alibaba, JD.com, Pinduoduo
  4. It just entered into an agreement with China Unicom’s subsidiary Yunnan
  5. Impressive revenue growth of 77.5% year over year.
  6. It’s one of only a few companies in China with access to wholesale rechargeable minutes from China’s largest mobile phone providers.(4)

The Technical Indicators Appear Strong, As Well

Since the stock bottomed on March 20th at approximately $0.28 a share, it is now trading at around $9.09- a growth of about 3,146%[9].

Bar Charts Has Favorable Positive Indicators On FNGR

Click Here -> For Full Details

Plus, there are several bullish indicators with this company on its

  • 20-50 Day MACD Oscillator
  • 20-100 Day MACD Oscillator
  • 20-200 Day MACD Oscillator
  • 50-100 Day MACD Oscillator
  • 50-150 Day MACD Oscillator
  • 50-200 Day MACD Oscillator
  • 100 Day Moving Average
  • 150 Day Moving Average
  • 200 Day Moving Average
  • 100-200 Day MACD Oscillator

But the indicators that also seem to have the most maximum strength and strongest direction are the short-term 20-200 Day MACD Oscillator, medium-term 50-150 Day MACD Oscillator and 50-200 Day MACD Oscillator, and long-term 100-200 Day MACD Oscillator.

FingerMotion (STOCK:FNGR) is Greatly Exposed to that $12 Trillion Opportunity

FingerMotion is an evolving technology company focused on mobile payment and recharge platform solutions in China.

It’s also one of only a few companies in China with access to wholesale rechargeable minutes from China’s largest mobile phone providers that can be resold to consumers.

While that may not sound exciting, consider this.

Nearly all Chinese smart phones need to be pre-charged with minutes or data – creating another opportunity worth up to $25 billion a month.(5)

FingerMotion (STOCK:FNGR) Growth is Also Being Fueled by MAJOR Partnerships

Just recently, FingerMotion entered into a Portal Sales and Cooperation Agreement with China Unicom’s Yunnan subsidiary, a leading mobile carrier in China. 

In fact, FingerMotion’s subsidiary, JiuGe Information Technology is now licensed to operate and manage China Unicom’s Yunnan Subsidiary’s online flagship stores in three major e-Commerce platforms in China, namely Tmall (operated by Alibaba (BABA), JD.com (JD) and PinDuoDuo (PDD).  

As Martin Shen, CEO of FingerMotion explained:(6)

“This is an historic agreement for our company and demonstrates how our alignment with other partners are succeeding.  China Unicom has entrusted us with not only being the face of its customer service, but also the branding of its official e-commerce stores.  It is a tremendous honor to be held in such high regard and our team of programmers and marketers should take much of the credit.  Official stores typically receive higher traffic volumes in China due to a perception of greater trust and reliability.”

That’s in addition to its latest deal with China Mobile Ltd. 

Specifically, JiuGe has been awarded Portal Sales Cooperation Agreements covering two additional China Mobile online portals which service the Chifeng and Henan Provinces in China. The agreements call for JiuGe to jointly build and manage China Mobile’s leading online stores which are located on the Tmall.com portal.

 

China Is A Hub of FinTech Adoption and Mobile Payments

While America spent the past decade upgrading its bank-based magnetic striped cards with chips, China built a revolutionary payment system that the western world still lags behind.  In fact, China was able to leapfrog the card-based system, and has become a leader when it comes to FinTech adoption and mobile payments.

As of June 2020, more than approximately 765 million Chinese completed at least one mobile transaction annually, with around 802 million mobile payment users in the entire country[5]. To put that in perspective, that’s around over half of the country’s entire population. Additionally, approximately 37.1% of these users also make a mobile payment daily. To illustrate how rapid this growth is, only around 125.48 million Chinese were mobile payment users in 2013.

Additionally, in 2019, more than approximately 347 trillion yuan were transacted via mobile payment channels compared to about 9.6 trillion yuan in 2013.  What is also interesting to note, is that China scored about 87% in Ernst and Young’s 2019 fintech adoption index-much higher than the global average of around 64%.

Plus, as compared to the rest of the world, China is a leader in cumulated transaction value through all digital payments.

FingerMotion Inc (OTC:FNGR) Could Help Disrupt this Market

FingerMotion Inc (OTC:FNGR) is an innovative company that focuses on mobile services and data analysis. Through its innovative solutions, FingerMotion provides mobile payment and recharge platform solutions in China. Its involvement could help expose it to a potential $12 trillion market by 2027.

In addition, the company has key strategic partnerships in place with industry heavyweights, such as Alibaba, JD.com, Pinduoduo. As of June 2020, Alibaba, and JD.com were the number 2 and 3 e-commerce websites in the world in terms of revenue[6].

Not only has FingerMotion partnered with three of the largest e-commerce platforms in China, but it is also immersing itself in one of the most active e-commerce communities in the world.

As of 2019, China was the leading e-commerce market in the world with revenue of around $863 billion. The Chinese e-commerce market alone contributed to the worldwide growth rate of approximately 16% in 2019. But what really puts this in perspective is the growth of China’s e-commerce penetration rate. Since mid-2019 only, the penetration rate grew by approximately over 5%. But just look at how China’s e-commerce penetration rate has grown since 2009[7].

FingerMotion Has Partnered With Large Telecom Companies As Well

FingerMotion also entered into a Portal Sales and Cooperation Agreement with leading Chinese mobile carrier Unicom’s subsidiary Yunnan. FingerMotion’s subsidiary JiuGe Information Technology is now licensed to operate and manage Yunnan’s online flagship stores on Alibaba, JD.com, Pinduoduo.

Additionally, JiuGe has been awarded Portal Sales Cooperation Agreements covering two additional China Mobile online portals servicing the Chifeng and Henan Provinces in China. In these agreements, JiuGe will jointly build and manage China Mobile’s leading online stores located on AliBaba’s Tmall.com portal.

FingerMotion Is Also Involved in the Rechargeables Market

At the moment, FingerMotion is one of only five companies in China with access to wholesale rechargeable minutes from China’s largest mobile phone providers[11]. FingerMotion is also one of the few companies that can resell this service to consumers.

Although this is another under the radar solution that FingerMotion provides, it could be even more in demand than its mobile payment solutions. Almost all Chinese smartphones are required to be precharged with minutes or data. In China, this is called the “top-up” business in China, and is estimated to generate nearly $25 billion/month in revenue[8].

FingerMotion Has Now Gotten Involved In Big Data and A.I.- And Applied It To Insurance

FingerMotion launched its Big Data Insurance arm Sapientus in July to deliver next generation data-driven insurance solutions that could possibly result in more accurate risk assessments, more efficient processes, and a more enjoyable customer experience.

“Our Sapientus platform enables us to transform and integrate the continuous stream of data from our strategic telecommunications partners, allowing our insurance industry partners to identify and select ‘preferred risk’ customers and offering real-time transactional proposals,” stated CEO, Martin Shen.

“With the launch of Sapientus, we anticipate commercializing and monetizing our Big Data Insights & Analytics platforms beginning in the first quarter of 2021, starting with our insurance industry partners.”

FingerMotion believes that some of its top competitive advantages could include:

  • Providing behavioral insights along with a set of auxiliary data, which may possibly allow for a deeper understanding of a consumer’s risk and behavior propensity.
  • Providing real time feedback on risk and behavioral insights, which could apparently help promote digital transformations in the industry.
  • Providing insight-driven analytic services, which might be able to incorporate new information such as emerging claim and marketing data.

Through its usage of AI, unique data access, advanced analytic techniques and extensive industry experience, Sapientus could possibly find a comprehensive solution to insurance fraud.

So how does the actual tech behind the product work? Sapientus’ proprietary analytic framework has a building block-like structure in order to be flexible and adaptable. This allows the platform to dynamically expand, reconfigure and reassemble its data elements and analytics as the platform evolves, and continuously form new connections.

Sapientus’ underlying dataset is live and growing, and is continuously diversifying and incorporating updated information. With its proprietary integrative technology, this platform plans to accommodate customized requirements and generate unique consumer insights.

Additionally, its machine learning can possibly enable depiction of individual characteristics and behaviors with potential for further innovation.

Sapientus’ simplified underwriting platform also has continuous access to a stream of live telco data that can potentially make purchasing insurance faster and easier. Additionally, Sapientus has built-in risk segmentation and predictive modelling criteria that plans to quickly provide clients with fraud risk scores for insurance claimants. Think of it as the next generation of FICO for insurance.

Lastly, Sapientus’ technology provides customized product development and precision marketing for the next generation.

FingerMotion Appears to Be Fundamentally Strong

In its Q2 2020 earnings report, the company saw revenue of approximately $3.6 million, six month revenue of around $6.4 million, a Q2 gross profit of about $258,391, and a six month gross profit of nearly $552,830. In addition, gross profit margins were approximately 9.8%.

In addition, FingerMotion’s Altman Z-Score shows a score of approximately 10.3. This is a respectable score because despite doing business in a perceived risky market like China, their score indicates strong fundamentals and low bankruptcy risk. A Z-Score below 1.8 means the company is under financial stress and at risk of bankruptcy, while an ideal Z-Score is above 3. With a Z-Score of around 10.3, this small Chinese upstart has a score nearly 3.5x higher than the ideal score. 

The Technical Indicators Appear Strong, As Well

Since the stock bottomed on March 20th at approximately $0.28 a share, it is now trading at around $9.09- a growth of about 3,146%[9].

Bar Charts Has Favorable Positive Indicators On FNGR

Click Here -> For Full Details

Plus, there are several bullish indicators with this company on its

  • 20-50 Day MACD Oscillator
  • 20-100 Day MACD Oscillator
  • 20-200 Day MACD Oscillator
  • 50-100 Day MACD Oscillator
  • 50-150 Day MACD Oscillator
  • 50-200 Day MACD Oscillator
  • 100 Day Moving Average
  • 150 Day Moving Average
  • 200 Day Moving Average
  • 100-200 Day MACD Oscillator

But the indicators that also seem to have the most maximum strength and strongest direction are the short-term 20-200 Day MACD Oscillator, medium-term 50-150 Day MACD Oscillator and 50-200 Day MACD Oscillator, and long-term 100-200 Day MACD Oscillator.

To Sum It Up….

FingerMotion, from their business model, to financials, to growth, and technical indicators could make this an interesting company to monitor.  Its solutions and services could also be adopted by far more e-commerce platforms and payment systems. As the world becomes increasingly digitized and mobile, the company could possibly even expand beyond China into other emerging markets.

10 Reasons Why FingerMotion Inc (OTC:FNGR) Could Ride the Wave of Mobile Growth

  1. FinTech And Mobile Payments Are Becoming More Widespread: There are around 5.2 billion mobile users in the world as of today. The mobile payments industry is also forecasted to grow to approximately $12.06 trillion by 2027 with a CAGR of around 31.2%.
  2. China Is the World’s Hub Of FinTech Adoption and Mobile Payments: China scored about 87% in Ernst and Young’s 2019 fintech adoption index-much higher than the global average of around 64%. China was also one of the first countries in the world to build a cashless society through digital wallets and QR codes.
  3. Around More Than Half The Country Participates In Mobile Payments: As of June 2020, approximately more than 765 million Chinese completed at least one mobile transaction annually, with about 802 million mobile payment users in the entire country. Approximately 37.1% of these users also make a mobile payment daily.
  4. China Leads the World in Digital Payments: Compared to the rest of the world, China is considered a leader in cumulated transaction value through all digital payments.
  5. China’s GDP Grew By About 4.9% In The 3rd Quarter This Year. This number brings China’s GDP growth in the first three quarters of 2020 to about 0.7%- net positive. A remarkable comeback from China’s unprecedented GDP contraction in the first quarter of 2020.
  6. FingerMotion Could Be An Interesting Way To Approach the Mobile Payments Market: The company has already partnered with Alibaba, JD.com, Pinduoduo.
  7. They Have Partnered With Government Backed Telecom Companies: China’s government is very strict with who they do business with and is directly involved in the country’s business development. If the Chinese government permitted FingerMotion to partner with China Unicom’s subsidiary Yunnan and China Mobile, then FingerMotion must be doing something right.
  8. FingerMotion Has Access to Wholesale Rechargeable Minutes: Building on the previous point, they have access to wholesale rechargeable minutes from China’s largest mobile phone providers. This industry generates nearly $25 billion/month.
  9. Their Fundamentals Appear to be Attractive: In its Q2 2020 earnings report, the company saw revenue of around $3.6 million, six month revenue of approximately $6.4 million, a Q2 gross profit of nearly $258,391, and a six month gross profit of around $552,830. In addition, gross profit margins were approximately 9.8%.
  10. Bullish Technical Indicators:  Since the stock bottomed on March 20th at approximately $0.28 a share, it is now trading at around $9.09- a return of about 3,146% (Source 9).  Plus, there are several bullish indicators with this company on its 20-50 Day MACD Oscillator, 20-100 Day MACD Oscillator, 20-200 Day MACD Oscillator, and 50-100 Day MACD Oscillator.

[1] https://www.globenewswire.com/news-release/2020/11/05/2121173/0/en/Global-Mobile-Payment-Market-Size-to-Grow-12-06-Trillion-by-2027-at-30-1-CAGR.html[2]https://news.cgtn.com/news/2020-06-23/Fintech-reshapes-China-s-financial-industry-RyYX5nfk7C/index.html

[3] https://www.mordorintelligence.com/industry-reports/china-fintech-market#:~:text=Almost%20half%20the%20world’s%20digital,(owned%20by%20Tencent%20Holdings).

[4] https://assets.kpmg/content/dam/kpmg/ke/pdf/thought-leaderships/Forging-with%20bleeds.pdf

[5] https://www-statista-com.ezp-prod1.hul.harvard.edu/topics/1211/digital-payments-in-china/#dossierSummary__chapter3

[6] https://www.bizvibe.com/blog/largest-ecommerce-companies/

[7] https://www-statista-com.ezp-prod1.hul.harvard.edu/statistics/302071/china-penetration-rate-of-online-shopping/

[8] https://yhoo.it/32hSXd1

[9] https://born2invest.com/articles/chinese-stock-immune-trade-war/

[10] https://money.yahoo.com/fingermotion-reports-q2-2021-financial-130000079.html

(11) https://money.yahoo.com/fingermotion-releases-strategic-message-ceo-130000272.html

 

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Pursuant to an agreement between TD Media LLC and Finger Motion Company Limited, TD Media LLC has been hired for a period beginning on 12/7/20 and ending on 12/25/20 to publicly disseminate information about (FNGR) via digital communications. We have been paid fifty thousand USD via bank wire transfer. We own zero shares of (FNGR).

Pursuant to an agreement between TD Media LLC and Finger Motion Company Limited, TD Media LLC has been hired for a period beginning on 1/5/21 and ending on 1/25/21 to publicly disseminate information about (FNGR) via digital communications. We have been paid an additional fifty thousand USD via bank wire transfer. We own zero shares of (FNGR). To date we have been paid one hundred thousand dollars USD via bank wire transfer to disseminate information about (FNGR) via digital communications.

Company Contact

1460 Broadway
New York, NY 10036

www.fingermotion.com
(347) 349-5339
[email protected]

Company Description

FingerMotion, Inc. is an innovative technology company with new and exciting ventures that pushes the company into the forefront of the mobile data management landscape. A sophisticated mobile data service and recharge platform will lead to future advancements in data acquisition and analysis, providing robust analytics to a wide spectrum of clients and customers.