Press Releases


First Global Signs LOI with Zoompass

TSX Venture Exchange: FGD
Frankfurt Stock Exchange: 1G5

TORONTO, March 27, 2017 /CNW/ - First Global Data ("First Global" or the "Company") is pleased to announce that it has entered into a Letter of Intent ("LOI") with Zoompass Inc. ("Zoompass"), a wholly-owned subsidiary of Zoompass Holdings Inc, and an OTCQB listed company.     More..



First Global Announces Closing of $10M Private Placement and Seeks Full Money Service Licensing in the US

TSX Venture Exchange: FGD
Frankfurt Stock Exchange: 1G5

TORONTO, March 24, 2017 /CNW/ - First Global Data ("First Global" or the "Company") is pleased to announce that it has closed its non-brokered private placement as previously announced in its press releases dated March 7, 2017 and March 16, 2017. The Company issued an aggregate of 14,290,359 units at a price of $0.70 per unit for aggregate gross proceeds of $10,003,251.     More..



First Global Announces New Private Placement and Provides Corporate Update

TSX Venture Exchange: FGD
Frankfurt Stock Exchange: 1G5

TORONTO, March 7, 2017 /CNW/ - First Global Data ("First Global" or the "Company") would like to advise that it has filed a price protection toward a new private placement offering.     More..



First Global Announces New Private Placement and Provides Corporate Update

TSX Venture Exchange: FGD
Frankfurt Stock Exchange: 1G5

TORONTO, March 7, 2017 /CNW/ - First Global Data ("First Global" or the "Company") would like to advise that it has filed a price protection toward a new private placement offering.     More..



First Global Provides Update on Private Placement

TSX Venture Exchange: FGD
Frankfurt Stock Exchange: 1G5

TORONTO, March 1, 2017 /CNW/ - First Global Data ("First Global" or the "Company") would like to advise that the Toronto Stock Exchange Venture Exchange (TSX-V) has not approved the Company's non-brokered private placement offering (the "Offering") of up to 10,000,000 units of the Company (the "Units") at a price of $0.50 per Unit announced on February 8, 2017.     More..



First Global Launches iPhone Vpayqwik™ App and Approves New Stock Option Plan

TSX Venture Exchange: FGD
Frankfurt Stock Exchange: 1G5

TORONTO, Feb. 23, 2017 /CNW/ - First Global Data ("First Global" or the "Company") is pleased to announce that it has launched the iPhone version of its Vpayqwik™ mobile payment app in India.    More..



First Global Exploring Shanghai Stock Exchange Listing

TSX Venture Exchange: FGD
Frankfurt Stock Exchange: 1G5

TORONTO, Feb. 22, 2017 /CNW/ - First Global Data ("First Global" or the "Company") would like to announce that it has received a letter of intent (the "LOI") from a Chinese based fund management company to create an Asia Pacific subsidiary for Shanghai Stock Exchange listing purposes    More..



Vpayqwik™ Mobile Payments Accepted at Retail Outlets Across India

TSX Venture Exchange: FGD
Frankfurt Stock Exchange: 1G5

TORONTO, Feb. 21, 2017 /CNW/ - First Global Data ("First Global" or the "Company") is very pleased to announce that its Vpayqwik™ service launched in partnership with Vijaya Bank is now accepted nationally across India at all retail locations.
The Indian government has launched the Bharat QR code national payment strategy which is the world's first interoperable payment acceptance solution. It is part of the Indian government's ongoing strategy to move towards a "less-cash" economy.    More..



First Global Signs Deal for Social Benefits Distribution in Nigeria

TSX Venture Exchange: FGD
Frankfurt Stock Exchange: 1G5

TORONTO, Feb. 16, 2017 /CNW/ - First Global Data ("First Global" or the "Company") is pleased to advise that it has signed an agreement with Dili Capital Corp. ("Dili Capital"), and Integrated Benefits Limited ("RIBS") for the deployment of First Global's mobile payment service to more than 10 million users in Nigeria.    More..



First Global Signs MOU for Large Scale China Outreach Opportunity

TSX Venture Exchange: FGD
Frankfurt Stock Exchange: 1G5

TORONTO, Feb. 14, 2017 /CNW/ - First Global Data ("First Global" or the "Company") advises that it has signed a Memorandum of Understanding (MOU) for an opportunity to access a large user base that consists of approximately 100,000,000 loyalty card users and approximately 500,000 retail locations across China. In addition, the Company will have access to approximately 100,000,000 high school students through a Chinese association.    More..



First Global Announces Receipt of Application

TSX Venture Exchange: FGD
Frankfurt Stock Exchange: 1G5

TORONTO, Feb. 13, 2017 /CNW/ - First Global Data Limited ("First Global" or, the "Company") announces that it was recently served with an application by Fountain Asset Corp. ("Fountain"). The application has been commenced in the Ontario Superior Court of Justice.    More..



Positive Reception in China for First Global's FINTECH Solutions

TSX Venture Exchange: FGD
Frankfurt Stock Exchange: 1G5

TORONTO, Feb. 8, 2017 /CNW/ - First Global Data Limited ("First Global" or, the "Company") is pleased to announce a non-brokered private placement offering (the "Offering") of up to 10,000,000 units of the Company (the "Units") at a price of $0.50 per Unit for aggregate gross proceeds of up to $5,000,000. Each Unit is comprised of one (1) common share in the capital of the Company (a "Common Share") and one (1) Common Share purchase warrant (a "Warrant"). Each Warrant entitles the holder thereof to purchase one (1) Common Share at an exercise price of $0.80 per share for a period of three (3) years from the Closing Date (the "Warrant Expiry Date")..    More..



First Global Announces Non-Brokered Private Placement of Units

TSX Venture Exchange: FGD
Frankfurt Stock Exchange: 1G5

TORONTO, Feb. 8, 2017 /CNW/ - First Global Data Limited ("First Global" or, the "Company") is pleased to announce a non-brokered private placement offering (the "Offering") of up to 10,000,000 units of the Company (the "Units") at a price of $0.50 per Unit for aggregate gross proceeds of up to $5,000,000. Each Unit is comprised of one (1) common share in the capital of the Company (a "Common Share") and one (1) Common Share purchase warrant (a "Warrant"). Each Warrant entitles the holder thereof to purchase one (1) Common Share at an exercise price of $0.80 per share for a period of three (3) years from the Closing Date (the "Warrant Expiry Date")..    More..



First Global Signs Deal in China With Global Supply Chain B2B Platform

TSX Venture Exchange: FGD
Frankfurt Stock Exchange: 1G5

TORONTO, Feb. 7, 2017 /CNW/ - First Global Data Limited ("First Global" or the "Company") is pleased to advise that it has entered into an agreement to provide business to business cross border payment services for China based eGTCP.com, which is owned and operated by the Great Tao E-Commerce Holdings Co. Ltd. ("eGTCP").    More..



First Global Plans China Business Tour and Forms Advisory Board

TSX Venture Exchange: FGD
Frankfurt Stock Exchange: 1G5

TORONTO, Feb. 2, 2017 /CNW/ - First Global Data Limited ("First Global" or the "Company") would like to advise that it will be visiting the cities of Shanghai, Hangzhou and Beijing with the express purpose of engaging in dialogue with select high profile Chinese companies with a FINTECH association.
The goal is to forge partnerships with enterprises with a large user base and maximize opportunities utilizing our award winning Payqwik™ app and First Global's cross border payments solutions.
The Company also wishes to announce the creation of an Advisory Board that will comprise of brain trust in and around the FINTECH space.    More..



First Global Signs MOU to Deploy Services in Bangladesh

TSX Venture Exchange: FGD
Frankfurt Stock Exchange: 1G5

TORONTO, Feb. 1, 2017 /CNW/ - First Global Data Limited ("First Global" or the "Company") is pleased to announce that it has entered into a Memorandum of Understanding ("MOU") to deploy its mobile payment services in Bangladesh with strategic partner Aamra Payment Solutions, a division of Aamra Group ("Aamra").    More..



First Global Announces Record Revenue For December 2016

TSX Venture Exchange: FGD
Frankfurt Stock Exchange: 1G5

TORONTO, Jan. 31, 2017 /CNW/ - First Global Data Limited ("First Global" or the "Company") is pleased to announce that it has experienced record revenue growth in the month of December 2016.

The Company recorded revenues of $2.9 million in the month of December which is the best single month of revenues in the history of the Company. These numbers are unaudited and will be included in the Company's year-end audited financial statements.    More..



First Global and Selectcore form JV to Create a Full Suite Fintech Business Model

TSX Venture Exchange: FGD
Frankfurt Stock Exchange: 1G5

TORONTO, Jan. 25, 2017 /CNW/ - First Global Data Limited ("First Global" or the "Company") is pleased to announce that it has entered into a Letter of Intent ("LOI") to create a Joint Venture ("JV") with Selectcore Limited ("Selectcore" TSX Venture Exchange: SCG).

The JV will combine the synergistic assets of both organizations to offer a full suite of payment services unmatched in the Canadian marketplace. This includes prepaid card, mobile, online and international payments.     More..



First Global Adds Movie Cinemas and Food Courts to Mobile Wallet

TSX Venture Exchange: FGD
Frankfurt Stock Exchange: 1G5

TORONTO, Jan. 24, 2017 /CNW/ - First Global Data Limited ("First Global" or the "Company") is pleased to announce that more than 400 movie cinemas and food courts across India will be accepting the VPayQwik™ mobile app as a payment method. The many millions of customers who frequent these movie cinemas and food courts on a regular basis will be able to scan a QR code to make payment for movie tickets and food. The service has already been successfully rolled out in select cinemas and the Company is working to complete its full roll out. More..



First Global Data Experiences Transaction Volume Growth Of 2,869% In Q3,
Shares Near 52-Week High

TSX Venture Exchange: FGD
Frankfurt Stock Exchange: 1G5

TORONTO, Jan. 11, 2017 /Baystreet/ - With the growing convergence of technology and financial services, the fintech segment is quickly becoming one of the fastest evolving sectors around. The companies with their background in financial services are in a prime position to enhance their services by leveraging new technological innovations.
First Global Data Ltd. (TSX-Venture:FGD) is a Canadian company which primarily offers its services for peer-to-peer money transfers.
More..



First Global Adds Medical and Food Purchasing to Mobile Wallet

TSX Venture Exchange: FGD
Frankfurt Stock Exchange: 1G5

TORONTO, Jan. 11, 2017 /CNW/ - First Global Data Limited ("First Global" or the "Company") is pleased to announce that its Indian subsidiary MSEWA Software Solution Private Limited ("MSEWA") has entered into an agreement with EasyMedico.com ("EasyMedico"), wherein EasyMedico products and services will be made available in the Company's mobile wallet deployments in India.
More..



First Global Experiences Exponential Growth

TSX Venture Exchange: FGD
Frankfurt Stock Exchange: 1G5

TORONTO, Jan. 4, 2017 /CNW/ - First Global Data Limited ("First Global" or the "Company") is pleased to provide the following corporate performance update.
Since the beginning of the third quarter 2016, the Company has experienced an average of 18% growth week-over-week in its international payments business, representing an overall growth in transaction volumes of 2,869%
Since the September 20, 2016 launch of its mobile payment service in India, the Company has experienced an average of 22% week-over-week growth in number of new customers and an average of 20% week-over-week growth in transaction volumes, with customers performing an average of 3 transactions each.
More..



First Global Launches Mobile Payments at Toll Plazas in India

TSX Venture Exchange: FGD
Frankfurt Stock Exchange: 1G5

TORONTO, Dec. 29, 2016 /CNW/ - First Global Data Limited ("First Global" or the "Company") is pleased to announce that it's Indian subsidiary MSEWA Software Solution Private Limited ("MSEWA") has entered into an agreement with Metro Infrasys Pvt Ltd. ("Metro Infrasys") to provide the mobile payment feature to Metro Intrasys' "Highway Saathi™" mobile payment app. More..



First Global Lists on the Frankfurt Stock Exchange

TSX Venture Exchange: FGD TORONTO, Dec. 20, 2016 /CNW/ - First Global Data Limited ("First Global" or the "Company") is pleased to announce that it has completed the listing of its common shares on the Frankfurt Stock Exchange.
The Company's Frankfurt Stock Exchange trading information is as follows:
Trading symbol: 1G5
ISIN number: CA32037R1001
WKN number: A2DHB7
The Frankfurt Stock Exchange is the 10th largest exchange in the world by market cap and is the largest of the seven stock exchanges in Germany.
The Company is also pleased to announce that its market maker is Bankhaus Scheich Wertpapierspez AG ("Bankhaus Scheich"), a very reputable firm based in Frankfurt, Germany. More..



First Global signs mobile payments deal with Hidase Telecom through license partner

TSX Venture Exchange: FGD TORONTO, Dec. 13, 2016 /CNW/ - First Global Data Limited ("First Global" or the "Company") is pleased to announce that through its license partner, it has signed an agreement with Hidase Telecom to launch mobile payment services in Ethiopia.
The mobile payment solution will complement Hidase's existing distribution network and enable Hidase's current 20 million plus users to top up mobile phones without having to purchase minutes at storefronts. First Global will also be working closely with Hidase Telecom to deploy an ecosystem which will enable the Hidase customer base to perform a variety of other transactions such as bill payment, local peer to peer money transfers, travel (airline, hotel, bus, and taxi) and to receive remittances from overseas. More..



First Global Provides Corporate Update

TORONTO, Dec. 8, 2016 /CNW/ - First Global Data Limited ("First Global" or the "Company") would like to provide a corporate update. The Company has recently achieved the following milestones:
•   Launched services in India which is world's 2nd largest smartphone market (370 million mobile internet users) with Vijaya Bank that has 14 million active users.
•  Balance sheet clean-up via debt conversion, and debt forgiveness.
•  Delivered 3rd consecutive profitable quarter.
•  Closed a $3 million Private Placement that will enable the company to hire new talent to increase the pace of technology deployments and sales, and further deployment into international markets.
•  Appointed Douglas Smith, former Assistant Secretary of U.S. Homeland Security, to the Board of Directors.

With Douglas Smith's appointment we have added a more global profile to our Board of Directors.
In addition, we are establishing a world class Advisory Board to give us bench strength and peripheral overview of one of the fastest growing segments in the tech space.

The Company is in negotiation and contract stage with two additional banks in India, a telecom company in Ethiopia, and others, and if successful this will increase access to approx 74 million users. More..



First Global Announces Private Placement Closed

TSX Venture Exchange: FGD TORONTO, Dec. 7, 2016 /CNW/ - First Global Data Limited ("First Global" or the "Company") is pleased to advise that it has closed its $3 Million private placement.
Each of the Company's Officers, and every member of the Company's Board of Directors participated in the private placement.
Andre Itwaru, the Company's Chairman and CEO said, "It is gratifying to see the high level of support from the investor community as the private placement was oversubscribed and had to be cut back to the original Exchange approval for a maximum of $3 million. Every member of our Executive believes in our mission to empower and enable smartphone users to mobilize their payment methodology and our vision for pre-eminence in the non bank financial service industries, and this was manifested by consensus investment into the private placement. We are now well capitalized to execute on our mandate and a full pipeline of initiatives." More..



First Global Announces Appointment of Douglas Smith to the Board of Directors and Granting of Options

TSX Venture Exchange: FGD TORONTO, Dec. 7, 2016 /CNW/ - First Global Data Limited ("First Global" or the "Company") is pleased to announce the addition of the Honorable Douglas Smith, former Assistant Secretary of the US Department of Homeland Security, to our board of directors, and to the board of directors of our US subsidiary First Global Money Inc.
"It is indeed a privilege to be appointed to the board of First Global to help lead the FINTECH revolution currently taking place. It is my intent to reach deep into my rolodex to create opportunities globally and to maximize First Global's world class mobile payment technology as we cut a wide swath across the payments landscape" said Mr. Smith.
More..



First Global Perfectly Positioned for India's Move to Increase Cashless Transactions

TSX Venture Exchange: FGD TORONTO, Nov. 11, 2016 /CNW/ - First Global Data Limited ("First Global" or the "Company") is pleased to comment on the recent decision by Indian Prime Minister Narendra Modi to eliminate Rs 500 ($7.5) and Rs 1000 ($15) notes.
Of late, the Indian government has been making several moves to encourage digital transactions. This is another such move. One of the expected consequences, whether intended or otherwise, is an increase in cashless transactions. More consumers will be forced to transact digitally via mobile wallets.
"Prime Minister Modi made a bold and admirable move toward his Digital India vision" said First Global's Chairman, Mr. Andre Itwaru. "This decision is positive for the country and is perfect for First Global. We recently announced that our India subsidiary, MSEWA Software Solution Private Limited ("MSEWA"), launched the Company's mobile payment service with one of India's largest government owned banks, Vijaya Bank, under the "VPayQwik™" brand." More..



First Global Announces Private Placement of Units of Common Shares and Warrants

TSX Venture Exchange: FGD TORONTO, Nov. 11, 2016 /CNW/ - First Global Data Limited ("First Global" or the "Company") announces that it proposes to raise a maximum of up to CDN $3,000,000 of gross proceeds (the "Offering") from the sale of up to 30,000,000 units (the "Units") priced at CDN$0.10 per Unit. Each Unit is expected to be comprised of one (1) common share in the capital of the Company (a "Common Share") and one (1) Common Share purchase warrant (a "Warrant") entitling the holder to purchase one (1) Common Share for a period of three (3) years from the closing date of the Offering (the "Warrant Expiry Date") at an exercise price of CDN $0.20 per Common Share. The Offering is anticipated to close on or about November 18, 2016. More..



First Global Announces Mobile Payment Launch with Indian Bank

TSX Venture Exchange: FGD TORONTO, Nov. 7, 2016 /CNW/ - First Global Data Limited ("First Global" or the "Company") is very pleased to announce that its Indian subsidiary MSEWA Software Solution Private Limited ("MSEWA") has launched the Company's mobile payment service with Vijaya Bank (the "Bank") in India under the brand "VPayQwik™".
More..



PayQwik wins Red Herring Top 100 Asia Award

Manila, Philippines 2015 -Since 1996, technology industry executives, investors, and strategists have valued the Red Herring 100 lists as an instrument for discovering and advocating the most promising private ventures from around the world.
The Red Herring Top 100 award highlight the most exciting startups from Asia, Europe and the Americas. Hundreds of companies from each region are reviewed in a rigorous 3-step process that looks at all aspects of the company. Red Herring 100 Awards are widely recognized as one of the industry's more prestigious recognitions, with hundreds of candidates from each continent competing for a Top 100.