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grapplemobile.com

Founded Year

2010

Stage

Acquired | Acquired

Valuation

$0000 

About Grapple Mobile

Grapple is a European mobile application agency. From mobile banking to m-commerce, the company defines, designs and delivers smartphone and tablet experiences that transform clients' businesses.

Grapple Mobile Headquarter Location

4th Floor 51-53 Great Marlborough Street

London, England, W1F 7JT,

United Kingdom

+44 20 7952 4030

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Latest Grapple Mobile News

Grapple Mobile Ltd acquired by Monitise plc (LSE: MONI)

Jun 21, 2016

From Monitise press release: Grapple Mobile Ltd - Acquisition Highlights The Company announces the acquisition of Grapple Mobile Ltd, a leading European mobile innovation and design agency delivering smartphone and tablet solutions for leading European brands including Whitbread, Procter & Gamble, Sky and B&Q. In a share-based deal, Monitise has acquired the entire issued share capital of Grapple. Initial consideration (net of cash) is to be satisfied by the issue of 28,640,748 Ordinary Monitise Shares, valued at £16.5m based on the closing share price of 53.75p on 4 September, 2013, with an earn-out consideration of up to £22.9m payable on the achievement of aggressive performance-related targets. Grapple will form part of Monitise Create, a division focused on designing and developing world-class digital strategies and user experiences. The acquisition complements Monitise’s globally-recognised capabilities in creating, deploying and running intuitive, cutting-edge, and bank-grade mobile solutions for and with some of the world’s leading financial institutions, payment companies, network operators and technology businesses such as Visa, Telefónica, IBM, RBS, Lloyds, Cognizant and CGI. Monitise Group CEO Alastair Lukies said: "The acquisition of Grapple announced today, which will become part of our Monitise Create division, supports the growth of our creative capabilities and further reinforces our leading position as a technology enabler at the heart of the Mobile Money ecosystem. Combined with our very exciting Smarter Commerce initiative with IBM, we are executing against our strategy to bring together the global ecosystem in banking, payments and commerce. We are excited by the opportunities we can now pursue from our combined strengths. " About Monitise Monitise (LSE: MONI) is a world leader in Mobile Money - banking, paying and buying with a mobile device. Leading banks, payments companies, retailers and mobile networks utilise Monitise's technology platforms and services to securely connect people with their money. Full press release:

  • When was Grapple Mobile founded?

    Grapple Mobile was founded in 2010.

  • Where is Grapple Mobile's headquarters?

    Grapple Mobile's headquarters is located at 4th Floor , London.

  • What is Grapple Mobile's latest funding round?

    Grapple Mobile's latest funding round is Acquired.

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