Case study on how venturing with Morse helped turn Monitise into a success.
While business angels and venture capital firms can capitalise businesses to help them achieve their goals, companies can also get involved. They can do this through corporate venturing, where a larger company provides finance and other resources to a smaller business in return for equity.
This was the funding option chosen by Monitise, which allows customers to manage their money with text messages, applications and mobile sites on almost any mobile device. Monitise teamed up with Morse, an information technology…