Fobi AI (TSX-V:FOBI, OTCQB:FOBIF) CEO Rob Anson joined Steve Darling from Proactive to share news the company has signed a non-binding LOI to acquire Passworks which is a leading European digital wallet and mobile marketing company. Anson telling Proactive that Passworks allows brands to create, manage and distribute content in the form of a mobile coupon, store card, membership, loyalty card, or boarding passes via the mobile wallet. The company works with Tier-1 clients including Hugo Boss. Anson says Fobi will gain access to the Passworks client list and they expect to cross-sell and upsell other Fobi solutions.
Fobi AI sign a letter of Intent to acquire European Digital Wallet company Passworks
