28 Aug 2012

VMob to list on alternate market

8:54 am on 28 August 2012

VMob, a Mobile phone voucher company, will list on the NZX alternate market, following a reverse takeover of Velo Capital.

VMob, formerly known as VoucherMob, is targeting phone companies in emerging markets like Asia, by offering points that users can redeemed for vouchers to films or restaurants when they top up minutes on their phone.

Chief executive Scott Bradley says the company is seeking about $3 - $5 million from investors.