MeaWallet

MeaWallet opens UK office and Innovation Norway selects the company as leading innovator

Press Release   •   Sep 18, 2014 14:15 CEST

Oslo, Norway. September 18, 2014. At an event in London last week, hosted by Level39, MeaWallet as one out of nine company’s selected by Innovation Norway as leading innovators, was meeting with industry leaders and mentors to discuss their innovations and business ideas.

At the event MeaWallet announced its participation in Level39, the Europe’s largest technology accelerator space for finance, retail and future cities technology companies, and the opening of its UK office. The office is situated at the 39th floor of the iconic One Canada Square building at Canary Wharf.

“We are proud to be selected as a leading innovator by the authority of innovation and business in Norway, Innovation Norway. After research we found the office in London, the centre in Europe for our industry, we now have easy access to local existing and future customers, partners in the financial sector and interest parties like investors and analyst’s” says Lars Sandtorv, CEO of MeaWallet.

Level39 was opened on 18th March 2013 by Boris Johnson, Mayor of London, and has quickly become an important part of Tech City- having hosted over 200 events, including hackathons, skunkworks and demo-days.

MeaWallet believes the time is right for bringing the entire contents of your wallet into your smartphone, not as a multitude of apps, but as one secure mobile wallet. To achieve this MeaWallet delivers services in six verticals, covering most of the content in physical wallets of today. This include services such as payments, loyalty cards, gift cards and coupons, ticketing, ID’s, access cards and receipts.

The short term focus of MeaWallet is to deliver payment services and loyalty cards into the banking and retail sectors, respectively.

More information

Lars Sandtorv, CEO of MeaWallet, +47 909 55 111, lars.sandtorv@meawallet.com

About Innovation Norway

Innovation Norway is the Norwegian Government's most important instrument for innovation and development of Norwegian enterprises and industry.  We support companies in developing their competitive advantage and to enhance innovation.

Norwegian enterprises have access to a broad business support system as well as financial means. Innovation Norway provides competence, advisory services, promotional services and network services. The marketing of Norway as a tourist destination is also considered one of the organizations important tasks.

By combining local industry knowledge and international networks with the business ideas and the motivation of entrepreneurs, the foundation for new successful businesses is created. Read more at www.innovasjonnorge.no/no/english


MeaWallet - “one world one mobile wallet” - delivers the most secure and cost effective mobile wallet “as-a-service “solution focusing on the entire ecosystem, including financial institutions, IT/security solution providers, payment schemes, acquirers and more. With partners like IBM, Tieto, Elavon and MasterCard we ensure high quality and short time to market. MeaWallet is based on a belief that all service providers should be able to offer mobile wallet services to their customers without investing heavily in technology, solutions and operations. MeaWallet serves the international market via its business partner network. For more information, please visit www.meawallet.com.