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Founded in 2001 (and previously named Seamless Distribution), Invuo Technologies is a mobile payments technology company, which provides innovative B2B mobile payment services and electronic top-up systems for the financial industry, mobile operators and retailers. Our goal is to maximise value for shareholders while making positive contributions to the technology sphere.

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The partnership with Xpress Money is evidence of the versatility of SEQR as a payment platform and financial ecosystem. We are very excited to be entering the international money transfer market with such an important global player
Peter Fredell, CEO of Seamless
As a brand, we seek partnerships and integrations that add value to the dynamic and evolving business that we operate in. Our objective is to provide our customers with money transfer solutions that are not only convenient but also affordable. SEQR helps us meet that goal through their versatile digital platform and extensive market presence in Europe. In addition to our existing array of services, we are now taking a step ahead with this innovative mobile payment application SEQR, developed by Seamless
Sudhesh Giriyan, COO, Xpress Money
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Martin N Larsson leaves Seamless

Martin N Larsson, Head of Treasury and Investor Relations, has decided to leave Seamless. - Martin has made important contributions to Seamless despite his short time with the company. I am very grateful for Martin's efforts and wish him good luck in the future, "says Tomas Jalling, CEO of Seamless. Martin Schedin, CFO, will assume the responsibilities investor relations. For further information, please contact:Martin Schedin, CFO, martin.schedin@seamless.se, +46 8 564 878 00 This information is information that Seamless Distribution AB (publ) is obliged to make public

Court rules in favour of Seamless in Accumulate cases

In October 2013, the Swedish privately held Accumulate AB filed a lawsuit against Seamless Distribution AB for patent infringement. In the lawsuit, Accumulate demanded that Seamless should cease to offer the mobile payment solution Seqr in Sweden. Seamless, which has always rejected any claim for patent infringement, filed a lawsuit against Accumulate in August 2014 where Seamless requested that Accumulate’s patent be declared invalid.  The Patent and Market Court has now given judgment in both cases. In the case of invalidity, the court has ruled that Accumulate patent is to be annulled.

Seqr becomes a Mastercard issuer

SEQR Payments AB, part of Seamless Distribution AB, has been approved by Mastercard as an issuer in Europe.The partnership with Mastercard will enable Seqr to use its e-money license to open up innovative mobile payment opportunities within the European market and to drive forward its  growth agenda within the mobile payments industry. As a principal member of the Mastercard network Seqr will be able to issue contactless Mastercard payment products within Europe which will help to further fuel its corporate mission for Seqr to drive new ways to pay in an ever growing cashless society.

SEQR launches global instant peer-to-peer money transfer – SEQR users in 14 countries can wire each other money real time globally

SEQR, a subsidiary of Nasdaq Stockholm-listed Seamless, is launching a peer-to-peer money transfer solution that enables users to instantly transfer money to each other regardless of where they are in the world. The service is now being rolled out for SEQR users in 14 countries.The solution is automatically available for those who download SEQR. “We will be the first operator in Europe to introduce this peer-to-peer service internationally. In a single stroke, our European users across 14 countries can send each other money instantly regardless of where they are in the world. We believe

US patent imminent for Seamless’ SEQR payment solution

Stockholm Nasdaq-listed Seamless has obtained a Notice of Allowance (patent application no. 14/347,742) from the United States Patent and Trademark Office (USPTO) for its SEQR mobile payment solution. This implies that USPTO intends to announce the approval of the patent within three months following the payment of all fees.The company’s patent representative has confirmed that all patent fees have been paid and the patent is thus expected to be approved shortly, thereby providing important protection for SEQR in the US. The patent application relates to the central technology used in SEQR

SEQR launches Contactless Payments and Gocardless Service in the UK   –  SEQR customers can pay from bank account at 500,000 points of sale

As of today SEQR customers in the UK are now able to quickly and simply link their bank account to the SEQR app and make payments directly from their bank account.  Until now UK customers have enjoyed the benefits of the SEQR pre paid account functionality, however enabling customers to connect their bank account opens SEQR up to millions more customers who prefer direct payment over a pre paid option.In addition, customers will now also be able to make SEQR “Tap & Pay” payments at any retailer that accepts contactless NFC payments. The UK is one of Europe’s most advanced markets for

All European Seqr users can now use Seqr to pay all over the world – Contactless payment technology allows payments in 30 mln point-of-sales globally

As of today all Seqr users in Europe can pay with Seqr all over the world using NFC (contactless) technology. The Seqr user simply holds the phone near the contactless card terminal to pay in shops everywhere where contactless card terminals are installed.The new Seqr contactless technology increases the freedom and independence for our users from old and inefficient technologies and financial services. Contactless technology makes Seqr into a truly global service and also increases the safety for users as a lost or stolen wallet doesn’t have to ruin a vacation or a business trip anymore.

The board of directors’ of Seamless has resolved on a directed issue of convertible debentures

The board of directors’ of Seamless Distribution AB (publ) (“Seamless”) has, pursuant to to an authorisation granted by the latest annual general meeting, resolved on a directed issue of convertible debentures. The offering was fully subscribed, whereupon Seamless has issued convertible debentures of SEK 42 million to private and institutional investors who have been identified by Evli Bank Plc.The convertible loan amounts to a nominal value of SEK 42 million and carries interest at an annual rate of seven (7) per cent which shall be paid every quarter. The convertible debentures have been

Change in number of shares and voting rights in Seamless

Seamless Distribution AB (publ) (“Seamless”) has, in accordance with information previously announced, conducted a directed new issue of shares and an issue in kind, which have increased the total number of shares and voting rights to 58,765,305.Prior to the directed issue of shares and the issue in kind there were a total of 48,635,421 shares and voting rights in Seamless. The number of shares and voting rights increased with 5,555,556 through the directed new issue of shares and with 4,574,328 through the issue in kind. As of 29 July 2016, the total number of shares and voting rights

Seamless acquires MeaWallet AS through an issue in kind of new shares and simultaneously carries out a private placement

Seamless Distribution AB (publ) (”Seamless”) acquires the Norwegian technology company MeaWallet AS (“MeaWallet”). The purchase price amounts to approximately SEK 42,8 million and payment is made through an issue in kind of 4,574,328 new shares in Seamless. Through the acquisition Seamless controls important technology in the rapidly growing field of contactless payments. At the same time the company has carried out a direct issue of new shares in a private placement of approximately SEK 50 million  to private and institutional investors.– “Our mobile solution SEQR already uses MeaWallet´s

SEQR launches contactless payments – Globally 30 million terminals now accepts SEQR

Nasdaq Stockholm-listed Seamless mobile payment solution SEQR is launching contactless payments in Sweden using NFC technology (Near Field Communication). Contactless makes it possible to pay with SEQR at point of sale (POS) terminals that support NFC which is featured on almost all modern terminals, Consequently it is now possible to pay with SEQR in any store that supports the functionality in Sweden or abroad,  even if a retailer has no private agreement with SEQR.SEQR Contactless is a borderless solution so users will be able to complete transactions in any country they are travelling

SEQR launches international remittance service – India and Thailand are launch countries

Nasdaq Stockholm-listed Seamless’s mobile SEQR payment solution launches its recently announced international remittance service. SEQR users can now make international money transfers – or “remittances” – to non-SEQR users.SEQR customers can already transfer money to one another across the 16 countries where SEQR is available.  The new service enables SEQR customers to transfer money outside of these countries. Transfers from Sweden directly to India and Thailand will be the first deployment of the service. The market for international remittance services is vast with approximately

SEQR launches in Austria, Ireland, Malta and Luxembourg

Nasdaq Stockholm-listed Seamless is establishing its mobile payment solution SEQR in four more countries. The company’s rapid expansion means that consumers can now use SEQR to make payments in 16 countries.“We have established ourselves as the leading standard for mobile payments in just a brief period of time. Because our solution is easy and convenient, we are able to quickly offer SEQR in four more countries,” says Peter Fredell, CEO of Seamless. SEQR is already available in Sweden, Finland, Romania, Belgium, Portugal, the Netherlands, Germany, Spain, France, Italy, the UK and the US.

Wayne’s Coffee to launch with SEQR in Sweden

Nasdaq Stockholm-listed Seamless has signed an agreement with Wayne’s Coffee via its SEQR subsidiary. The agreement marks an initial step by Wayne's Coffee in offering its customers in Sweden the possibility of paying in store with the SEQR Seamless mobile payment solution.Wayne’s Coffee, founded in 1994 in Sweden, is one of the leading coffee house chains in the Nordics. With a strong presence in Sweden, Norway and Finland, through a combination of self owned stores, franchises, and licensed regional partnerships. “The agreement with Wayne’s Coffee will provide its customers with the

Seamless/SEQR signs an agreement with GoCardless – Allows any UK customer to connect their bank account to SEQR

Nasdaq Stockholm listed Seamless has signed an agreement with the fast growing UK based payments network Go C ardless , that offers direct debit services in the United Kingdom. The GoCardless cooperation will enable all SEQR customers to link their bank account to the Seamless mobile payment solution, SEQR, regardless of who they bank with.The agreement provides SEQR customers access to the UK Bacs system via the GoCardless platform. Bacs processed over 6 billion UK bank transactions in 2015. “The cooperation with

Raiffeisen Bank to launch SEQR in Romania

Nasdaq Stockholm-listed Seamless has signed an agreement with Raiffeisen Bank via its SEQR subsidiary. The agreement marks an initial step by the bank in offering its customers in Romania the possibility of connecting the SEQR Seamless mobile payment solution to their bank accounts.Austria’s Raiffeisen Bank is one of the leading banks in Central and Eastern Europe, with a presence in 17 national markets. “The agreement with Raiffeisen Bank further strengthens our position in Europe. We are seeing a strong increase in demand among European consumers regarding mobile payments. By offering

Seamless granted authorization to issue electronic money in Europe

Nasdaq Stockholm-listed Seamless (OMX: SEAM) has been granted authorization by Sweden’s financial supervisory authority, Finansinspektionen, to issue electronic money. This means that SEQR users can send and receive money, worldwide, in real time. Under the terms of the authorization, SEQR can also be used by minors. Money received can be accessed instantly to make payments anywhere in the world where NFC (contactless) payments are accepted. This service will be available to all SEQR users after the launch.Usage of this type of account – known as prepaid account – is extremely widespread

Seamless partners with Xpress Money and enters the international money transfer market

In 2015, approximately $601 billion[1] was transferred by foreign workers to their families residing in their home countries with an average transfer fee of 7.37% (Q4 2015)[2]. These remittances are one of the largest financial inflows to many developing countries. Seamless now enters this international money transfer market (aka international money remittance) through a partnership with Xpress Money, one of the world’s most dependable money transfer brands. Through Seamless´ (SEAM) mobile payment platform SEQR, Xpress Money and Seamless can offer its customers a convenient, safer and

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