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MoneyOnMobile Inc. (MOMT)

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Last Post: 12/22/2017 2:15:37 PM - Followers: 10 - Board type: Free - Posts Today: 0

MoneyOnMobile Inc. $MOMT

MoneyOnMobile, Inc. 
500 North Akard Street Suite 2850 
Dallas, TX 75201 
(214) 758-8600

Web site:




MoneyOnMobile, Inc. is a global mobile payments technology and processing company offering mobile payment services through its Indian subsidiary. MoneyOnMobile enables Indian consumers to use mobile phones to pay for goods and services or transfer funds from one cell phone to another. It can be used as simple SMS text functionality or through the MoneyOnMobile application or internet site. MoneyOnMobile has more than 325,000 retail locations throughout India..

Corporate Website:


Harold H. Montgomery, Chairman of the Board, Chief Executive Officer, and Secretary

Mr. Montgomery, age 57, has been our Chairman of the Board, Chief Executive Officer, and Secretary since April 2010. Since March 2012, Mr. Montgomery has been Chairman of the Board of Digital Payments Processing Limited, a majority-owned subsidiary, and a member of the board of directors of My Mobile Payments Limited (“MoneyOnMobile”), a DPPL affiliate. A co-founder of the Company in 1987, Mr. Montgomery started ART Holdings, Inc. (“ART”), a merchant payment processing company. While a full-time employee of ART, Mr. Montgomery led a team doing business under the name “Calpian,” which acquired over 200 ISO merchant processing portfolios between 2003 and 2009. Mr. Montgomery continues to serve ART as a director and executive officer. From 1985 to 1987, Mr. Montgomery was employed by Wellington Associates, a Dallas-based investment bank focused on mergers and acquisitions and corporate finance. In 1983, Mr. Montgomery managed the Dallas Area Rapid Transit Authorization election campaign.

From 2006 – 2016, Mr. Montgomery was a Trustee of the Communities Foundation of Texas, a community chest foundation. He also is a Trustee of the Caruth Foundation and St. Mark’s School of Texas. He has served as a board member and president of the Dallas Committee on Foreign Relations and Big Thought, a community education agency. He is a member of the Council on Foreign Relations located in New York. Mr. Montgomery was a member of the Young Presidents’ Organization (“YPO”) from 1991 to 2009, and chaired the Florence, Italy YPO University.

Mr. Montgomery has served as an industry expert for the Federal Reserve Bank of Philadelphia Payment Card Center and the U.S. Congress as an expert witness for credit card reform legislation. He is a widely known industry authority, a speaker at regional and national trade shows and has written over 120 articles for Transaction World Magazine. Mr. Montgomery attended St. Mark’s School of Texas and Stanford University where he received a BA (International Relations) in 1982 and an MBA in 1985. Mr. Montgomery brings to the Board of Directors extensive experience in the payment processing industry.

Scott S. Arey, Chief Financial Officer

Mr. Arey, age 54, was appointed as our Chief Financial Officer (Principal Financial and Principal Accounting Officer) in October 2013. From 2009 to 2013, Mr. Arey was Chief Financial Officer and Corporate Secretary of Alsbridge, Inc., a provider of IT sourcing advisory and benchmarking services to C-level executives. From 2007 to 2009, Mr. Arey was CFO of Journey Education Marketing, a multi-channel software marketer to the K-12 and post secondary academic markets. Mr. Arey started his career with KPMG Peat Marwick.

Will Dawson, Executive Vice President

Mr. Dawson, age 45, is the Executive Vice President of MoneyOnMobile. Mr. Dawson has over 20 years of experience in the technology industry. Prior to MoneyOnMobile, Mr. Dawson was the Chief Operating Officer at a MasterCard and Smart Communication joint venture, which created mobile money ecosystems in Asia, the Middle East, Africa, and Latin America. Mr. Dawson rolled out mobile money solutions in Turkey with the largest mobile operator and two banks, and in Egypt with the Central Bank of Egypt, a mobile operator, a bank, and a bill payment aggregator. He earned a Bachelor of Science in Mechanical Engineering and a Bachelor of Science in Economics from the University of Pennsylvania, and an MBA from London Business School.


David B. Utterback

Mr. Utterback, age 56, was appointed to our Board of Directors in May 2016. Since 1998, Dr. David B. Utterback has served as a Staff Anesthesiologist at Ocean Springs Hospital, in Ocean Springs, Mississippi, and at Singing River Hospital, in Pascagoula, Mississippi. Dr. Utterback also serves on the board of the American Board of Anesthesiology (since 1991) and on the board of the National Board of Medical Examiners (since 1987). Dr. Utterback holds a B.A. from Dartmouth College, M.D. from University of Illinois College of Medicine, and M.S. in Administrative Medicine from the University of Wisconsin.

James M. McKelvey

Mr. McKelvey, age 51, was appointed to our Board of Directors in May 2016. Since July 2009, Jim McKelvey served as a member of the board of directors of Square, Inc., a NYSE traded company known for enabling anyone with a mobile device to accept card payments, a company co-founded by Mr. McKelvey. Since July 2013, Mr. McKelvey served as a Managing Director of SixThirty FinTech Accelerator, LLC, a financial technology accelerator. Since March 2012, Mr. McKelvey served as a General Partner of Cultivation Capital, a venture capital firm. Since January 1990, Mr. McKelvey served in various positions at Mira Smart Conferencing, a digital conferencing company. Mr. McKelvey currently serves on the boards of directors of a number of privately-held companies. Mr. McKelvey holds a B.S. in Computer Science and a B.A. in Economics from Washington University in St. Louis.

The Honorable Kate Hutchison

Sen. Hutchison currently serves as senior counsel at Bracewell LLP, and a member at Bank of America's Global Advisory Council. In 2013, she retired from the U.S. Senate after 20 years of service representing the citizens of Texas. She was the first woman to serve as senator from Texas, and ultimately served in the Senate leadership, first as Vice-Chairman of the Republican Conference and later as Chairman of the Republican Policy Committee, the fourth-highest ranking Republican senator.

Karl Power

Mr. Power is an investment banker and entrepreneur, who specializes in corporate advising and accessing capital markets. He is currently a director for Excel Corp, which provides electronic financial and transaction processing services to merchants across the United States. Previously, Power was an investment banker with several firms, including Merrill Lynch and Paine Webber in New York and London. He was a founding partner of Robertson Stephens LLC, London Office.


Nothing in the contents transmitted on this board should be construed as an investment advisory, nor should it be used to make investment decisions. There is no express or implied solicitation to buy or sell securities. The author(s) may have positions in the stocks or financial relationships with the company or companies discussed and may trade in the stocks mentioned. Readers are advised to conduct their own due diligence prior to considering buying or selling any stock. All information should be considered for information purposes only. No stock exchange has approved or disapproved of the information here.

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#129   Thank you Robinhood7. Glad to be here. MOMT jindal 12/22/17 02:15:37 PM
#128   Welcome jindal! MOMT will be on TV... robinhood7 12/22/17 01:44:18 PM
#127   Hello my friend. You have a new jindal 12/21/17 06:16:51 PM
#126   Has anyone seen NETE??? Same business! Was at robinhood7 12/21/17 10:15:48 AM
#125   Anyone else in MOMT? This looks like it robinhood7 12/20/17 09:00:14 PM
#124   The pink sheets are not at all aware LARP 12/07/17 04:37:22 AM
#123   $MOMT seems like a steal here LARP 08/18/17 09:26:03 PM
#122   MoneyOnMobile Marcum Microcap Conference. Roland Rick Perry 06/07/17 09:31:31 AM
#121   "New To The Street" Shot Upcoming TV Episode $Pistol Pete$ 05/25/17 04:53:01 PM
#120   MoneyOnMobile Withdraws Proposed Secondary Offering to Protect Shareholder In Roland Rick Perry 05/08/17 03:06:06 PM
#119   $MOMT - Global Online Growth Conference April 26, wholelotamoney 04/25/17 06:47:45 AM
#118   $MOMT - Building a powerhouse BODs!!! They get wholelotamoney 04/20/17 09:00:16 AM
#117   And with the MOM ATM, they can now karfos500 04/19/17 09:22:45 AM
#116   $MOMT - We’ve now grown to be India’s wholelotamoney 04/19/17 06:46:56 AM
#115   $MOMT - :-) I love this part: wholelotamoney 04/18/17 04:16:10 PM
#114 karfos500 04/18/17 09:39:34 AM
#113   $MOMT - I'm in this week! Buy #1 wholelotamoney 04/18/17 05:49:31 AM
#112 karfos500 04/10/17 08:43:24 AM
#111   Time for another look, new updated report! karfos500 04/06/17 05:57:01 PM
#110   Time for another look, new updated report! karfos500 04/06/17 05:57:01 PM
#109   Time for another look, new updated report! karfos500 04/06/17 05:56:49 PM
#108   Time for another look, new updated report! karfos500 04/06/17 05:56:43 PM
#107   1.5 Million Consumers in India Can Now Pay karfos500 03/30/17 04:44:33 PM
#106   MoneyOnMobile Doubles Limit for Domestic Transfer Business. Roland Rick Perry 03/14/17 02:22:33 PM
#105   MoneyOnMobile, PayPal..Mobile World Congress 17. Roland Rick Perry 03/14/17 02:09:05 PM
#104   MoneyOnMobile Hires Steve Kann. Roland Rick Perry 03/14/17 02:04:55 PM
#103   MoneyOnMobile Doubles Addressable Market. Roland Rick Perry 03/14/17 02:01:52 PM
#102   $MOMT MoneyOnMobile Expands into the $15 billion Indian $Pistol Pete$ 01/26/17 10:44:48 PM
#101   CLPI: effective Oct. 26,2016 Calpian Inc., CLPI, will Renee 10/25/16 03:10:56 PM
#100   Five, we have taken the first steps to jet101 08/08/16 02:55:30 PM
#99   CLPI bullish 0.96 stocktrademan 07/25/16 09:47:36 AM
#98   I just noticed the spike to over a IPO$ 07/19/16 09:37:08 AM
#97   Great info, if it drops more I'll grab trader_ron 07/18/16 11:19:59 AM
#96   good post, good info. I did not shazamm 07/14/16 02:43:35 PM
#95   open this link and look over to the shazamm 07/14/16 02:38:57 PM
#94   I dont show a yileld sign? They aren't HornsOfTheBull 07/14/16 01:33:38 PM
#93   CLPI mainly serves the unbanked through a sms HornsOfTheBull 07/14/16 01:26:54 PM
#92   yield sign up on CLPI now....not a positive shazamm 07/06/16 04:48:35 PM
#91   what kind of noise from the BHGI insider, shazamm 07/04/16 05:59:24 PM
#90   CLPI will be a great choice... thinking to MADEMONEYONFAGI 07/03/16 10:22:21 PM
#89   thanks for the reply. I looked up bhgi shazamm 07/03/16 07:13:28 PM
#88   CLPI is in similar business as BHGI. 1 MADEMONEYONFAGI 07/01/16 07:11:00 PM
#87   why do you find this company interesting? shazamm 07/01/16 04:16:28 PM
#86   this is very interesting stock..hmmm MADEMONEYONFAGI 06/30/16 05:31:27 PM
#85   this is very interesting stock..hmmm MADEMONEYONFAGI 06/30/16 05:31:27 PM
#84   Item 3.02 Unregistered Sales of IPO$ 02/08/16 04:51:21 PM
#83   10-K filed with going concern opinion...this company might IPO$ 12/01/15 09:54:35 AM
#82   $CLPI recent news/filings stocktrademan 06/24/15 11:13:12 PM
#81   penny warrants/options issued...almost floorless...CAVEAT EMPTOR IPO$ 01/08/15 02:14:25 PM
#80   tanking...Calpian, Inc. (QB) (CLPI) IPO$ 12/23/14 01:50:26 PM