Japanese telecom company KDDI Corporation (KDDI) (TOKYO:9433) and Microfinance International Corporation (MFIC
), a US provider of financial solutions, yesterday declared that KDDI has invested USD22m in MFIC
in a partnership to expand a platform for worldwide open mobile payment.
In such circumstances, I am very excited and looking forward to the collaboration with MFIC
who has extensive financial expertise, bringing both of us a chance for true global business development.
Corporation, through its Microfluidics subsidiary, provides patented and proprietary high performance Microfluidizer(R) materials processing equipment to the biotechnology, pharmaceutical, chemical, cosmetics/personal care and food industries.
MIFIC selected PBI because of its current work on its marketing and advertising campaigns," said Bob Bruno, MFIC
vice president of sales and marketing.