FOBI Accelerates Mobile Wallet Lead With Tier-1 Customers, Partners, Integrations & Acquisitions. Market Projected $970 Billion By 2030

AGORACOM Small Cap CEO Interviews

Fobi AI is a global leader in digital wallet pass technology that delivers real-time data analytics and engagement through artificial intelligence. The result is significantly greater customer engagement and activation both online and “IRL” (in the real world) via stores, stadiums, arenas, hotels and other large venues.

More than just lip service, here is just a few examples of success in all of the following categories:

CUSTOMERS

• Oscars
• NASDAQ
• NCAA
• 4 Of The Top 10 Global Insurance Companies
• $2.7 Billion All Net Resort & Arena In Las Vegas

PARTNERS

• TELUS
• Amazon Web Services / Oracle
• NeilsonIQ to Transform Retail Sector
• NTT DATA, a top-ranked global IoT services company, and subsidiary of Nippon Telegraph and Telephone, the world’s 4th largest telecom company, ranked 55th In Fortune Global 500

INTEGRATIONS

• Lightspeed
• Shopify
• Yotpo

PERFECT TIMING AS MARKET PROJECTED TO EXPLODE TO $970 BILLION BY 2030

Over the past several weeks FOBI has made the kind of announcements that only further support the company’s leadership position, which can be summarized with the following quote by CEO Rob Anson:

“Passcreator by Fobi is one of the most successful & most respected wallet pass companies in the world …. We have already had significant interest in this functionality from various prospects and sectors, so once again we have delivered what our prospects and customers are asking for.”

FINANCING ROUND LED BY UNDISCLOSED STRATEGIC INVESTOR SIGNALS STRONG CONFIDENCE IN FOBI

As a result $FOBI success in 2022, the Company was recently able to complete a financing without the expense and dilution others are suffering from in this challenging environment. The catalyst to the financing was an undisclosed strategic investor whose main priority is a vested interest in the success of $FOBI and its technology in the long term, which again is best summarized by Anson as follows:

As a result of this foundation, we caught the attention of a very strategic seven-figure lead investor who recognized the importance of offering a strategic, right-sized and market-friendly financing, which enabled the Company to execute this offering without having to pay any commissions or fees, saving significantly on fees and further warrants.

In addition to the strategic investor, $FOBI senior management also participated in the financing, which at ~ $1.3M is relatively small and serves to support Anson’s claim that the Company’s anticipated revenues in the near future are sufficient as to not require large, dilutive financing.

Now sit back, relax and listen this powerful interview with CEO Rob Anson