The Mint Corporation TSXV: MIT

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InvestorIntel Features on The Mint Corporation

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Fintech solutions provider Mint wins second major cardholder transaction for the quarter


January 21, 2019
| January 21, 2019

The “under banked” refers to individuals and families that prefer to manage their finances through cash transactions instead of more […]

 
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The Mint’s Vishy Karamadam on bringing health insurance to the underbanked.


August 23, 2018
| August 23, 2018

“Within the UAE the segment which we are going after, is the blue-collar migrant worker segment. UAE has passed legislation […]

 
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Mint Corporation’s CEO on servicing the needs of the underbanked globally


June 20, 2018
| June 20, 2018

June 20, 2018 – “The underbanked market globally is a $2 billion plus market. We as Canadians are used to having […]

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InvestorIntel Videos on The Mint Corporation

The Mint’s Vishy Karamadam on bringing health insurance to the underbanked.
Mint Corporation’s CEO on servicing the needs of the underbanked globally

Company Overview

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Website: themintcorp.com/

The Mint Corporation (TSXV: MIT), through its majority owned subsidiaries (the “Mint Group”), is a globally certified payments company headquartered in Toronto, Canada with its primary business in Dubai, United Arab Emirates (UAE). The Mint Group is approved by the UAE Central Bank, MasterCard and UnionPay as a third-party payment processor. Mint processes over US$1 billion in payroll annually for hundreds of corporate clients and financial institutions and the Mint community consists of approximately 400,000 cardholders. Mint’s clients include some of the leading blue-chip companies in the UAE. Mint provides employers with automated payroll services and a proprietary Automated Teller Machine (ATM) network for their unbanked employees. Mint community members are issued a personalized, globally accepted, MasterCard or UnionPay card and a linked mobile wallet, where their salaries are deposited. This mobile wallet effectively becomes the employee’s bank account. Mint intends to offer a comprehensive suite of services through the mobile wallet, including remittance, overdraft, loans, mobile phone top-up, rewards, and insurance, among others. The mobile wallet enables unbanked employees to purchase services and spend through the wallet.

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