Peppermint Innovation (ASX: PIL) has today released quarterly results with cash receipts up 14%. Peppermint continues to focus on servicing unbanked people in the Philippines. Bizmoto agent numbers have hit 15,000 and 100 merchants have subscribed to the BizmoGo micro-business delivery program. Importantly, the $2million PEGG Capital placement is imminent with regulatory foreign exchange and banking jurisdictional clearances underway.
Caason Group is also a top ten shareholder in Peppermint and is committed to supporting the company’s long term growth.