FingerMotion (OTCQX: FNGR) is anticipating significant growth in mobile service sales during the coming year. “The company’s focus on rich communication services (‘RCS’) and data insights in China’s huge marketplace for mobile products has positioned the U.S.-based company for growth in the insuratech industry, particularly, where it anticipates acquiring service for more than a billion customers in the Southeast Asian Nation,” reads a recent article. The company is leveraging partnerships to build a communications ecosystem of active users of its innovative applications and expects to develop access to users’ data to strengthen its Sapientus database IP. Sapientus has already led to a landmark agreement with Pacific Life Re-insurance to help the company enhance its insurance solutions among Chinese clients and develop predictive consumer information that can serve as a substitute for a credit score system where a standard for such a system doesn’t already exist. In reporting the company’s year-end financial position, CEO Martin Shen stated: “We are a technology company and believe our future lies in the Big Data Insights division. By the end of calendar 2021, we expect multiple contracts relating to our Insuratech products.”
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About FingerMotion Inc.
FingerMotion is an evolving technology company with core competencies in mobile payment and recharge platform solutions in China. It is one of only a few companies in China with access to wholesale rechargeable minutes from the country’s largest mobile phone providers that can be resold to consumers. As the user base of its primary business continues to grow, the company is developing additional value-added technologies to market to its users. FingerMotion’s vision is to rapidly grow the user base through organic means and have this growth develop into an ecosystem of users with high-engagement rates utilizing its innovative applications. Developing a highly engaged ecosystem of users would strategically position the company to onboard larger customer bases. FingerMotion eventually hopes to serve over 1 billion users in China and eventually expand the model to other regional markets. For more information about the company, visit www.FingerMotion.com.
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