AWT signs EoA with Monet for launching mobile app

Army Welfare Trust Investments Ltd has recently signed an exchange of agreement (EoA) for a launch of a mobile app with Monet. Muhammad Zeeshan Aziz-Chief Executive Officer-Monet-Mobile Money Network, recently visited Islamabad, where he met CEO Salman Haider Sheikh and management team of Army Welfare Trust Investments Ltd to further cement their business ties.

A landmark achievement during this visit was Army Welfare Trust Investments signing an Exchange of Agreement (Mobile App launch) with Monet- Mobile Money Network. Monet, established in 2012, is a card and Payment Services Provider (PSP) in Mobile, branchless and alternate banking channels domain.

Army Welfare Trust Investments Ltd is a non-banking finance company licensed by Security Exchange Commission of Pakistan(SECP) to manage open and closed end funds and investment advisory services. The company with its team of investment professionals serves an extensive client base of institutions, corporation's endowments, high net worth individuals, pension funds and provident funds across the country. Salman Haider Sheikh speaking on the occasion, highlighted that AWT Investments in its effort to expand its retail base across the country has opened physical branches and is now moving towards branchless investment solutions along with M-Commerce through Fintech solutions leading through innovative solutions for its clients across the country and abroad.

Speaking on the occasion, Zeeshan briefed about mobile App Development process, testing phase and launch phase of the Mobile App. He explained that the user friendly application will enable android users to optimize investment solutions to grow their savings in multiple products online. The second phase of the mobile application will utilize Artificial Intelligence solutions to provide a savvier customer experience.-PR

Copyright Business Recorder, 2019

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