- FingerMotion (OTCQX: FNGR) a mobile data and services company, is developing additional value-added technologies to expand its user base to over 1 billion users in China and other regional markets
- FingerMotion’s Data Insights platform Sapientus delivers data-driven solutions to the insurance and financial services industries
- Sapientus entered into a services agreement with Pacific Life Re, a global life reinsurer to deliver more efficient and customized solutions to the wider insurance ecosystem
FingerMotion (OTCQX: FNGR) is a mobile payment and recharge platform serving markets in China, evolving rapidly by using core competencies. With offices in Hong Kong, Shanghai, and New York, FingerMotion is developing additional value-added technologies to expand its user base to over 1 billion users in China and other regional markets (https://ibn.fm/bzxCu).
Globally, the Big Data market is estimated to be worth $42 billion. Presently, this thriving industry is largely dominated by China which brings together59.5% of the world’s Big Data experts. Big Data is now being used in several industries in China namely retail, transport, government, health, and education. And though China has the largest Big Data manpower, it still has a significant need for data professionals (https://ibn.fm/NgrGK).
The insurtech (insurance technology) market was valued at $2.72 billion globally in 2020 and is expected to grow at a CAGR of 48.8% from 2021 to 2028 (https://ibn.fm/TGo7D). In addition, the shortage of data experts in China presents a huge opportunity for FingerMotion’s Data Insights platform Sapientus. Built to deliver data-driven and more refined solutions to the insurance and financial services industries, Sapientus’s Big Data offerings include risk scoring, targeted customer segmentation for precise marketing, simplified underwriting, and customizing products through granular persona analysis.
FingerMotion has strategic alliances with the largest Chinese telecommunications names, thus having access to collect behavior insights through geolocation and mobile data usage. These insights offer data-driven solutions to clients who can in turn make discerning decisions and value creations based on the data provided.
Recently, Sapientus entered into a services agreement with Pacific Life Re, a global life reinsurer offering a host of products and services to the insurance industry. With this alliance, the new insights from FingerMotion’s analytical Framework will be applied to the traditional insurance model. This multi-faceted risk rating concept will leverage the Company’s proprietary approach to analytics using advanced algorithms to offer more refined outcomes (https://ibn.fm/k5dPG).
For more information, visit the company’s website at www.FingerMotion.com.
NOTE TO INVESTORS: The latest news and updates relating to FNGR are available in the company’s newsroom at https://ibn.fm/FNGR
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