Friday, September 3, 2021

FingerMotion Inc. (FNGR), Its Mission, Market Positioning, and Outlook for the Future

 

  • FNGR currently services over a billion users, specifically in the Chinese market
  • It is a company committed to delivering the next generation of data-driven tech solutions across its current product line and service offerings
  • FNGR is defined by next-level innovation that cuts across its key pillars of growth, including its RCS, big data insights, telecommunications products, and services, as well as SMS and MMS services
  • So far, the company has launched Sapientus, its third operational division, and has also filed its uplist application to the Nasdaq Capital Market in a move to grow its market reach and overall brand equity
  • FNGR remains committed to growing its user base organically, leveraging on it, and ultimately transforming it into an ecosystem of users with high engagement rates in the future

FingerMotion (OTCQX: FNGR) has always been driven by the mission to deliver the next generation of data-driven technology solutions that cut across its current product line and service offerings. This has grown to define the company and has dictated its management’s strategic decisions, along with the investments that the company commits to as time progresses.

The company currently covers the telecommunications and insurtech markets, with offerings that include but are not limited to big data insights, Rich Communication Services (“RCS”), telecommunications products and services, as well as SMS and MMS services. With a focus on the Chinese market, FNGR has grown to become the market leader and is constantly pushing the envelope to innovate and appeal to a broader range of consumers for its products and services.

In June 2020, FNGR launched its Big Data Insights arm and its third operational division- Sapientus (https://ibn.fm/47Zl5). This arm would focus on data-driven solutions and insights, offering services to businesses and companies within the insurance and financial services sectors. Fast forward to Q1 2022, and the division posted significant quarter-over-quarter revenue growth from Q4 2021, a key performance indicator of this division’s growth, as well as the entire company’s.

“The launch of Sapientus marked a significant milestone for our journey because we moved away from being a top-up company to this dynamic technology solution provider and allowed us to expand our company and business into insurance and then the wider financial industry in general,” noted Martin Shen, the Chief Executive Officer (“CEO”) of FNGR.

FNGR also announced an agreement between Sapientus and Pacific Life Re-Insurance, in which the former will offer behavioral risk analytics to the insurance company. The deal only marks the beginning of many such agreements and engagements within the insurtech sector in the Chinese market.

Every move and decision made by FNGR has been geared towards achieving its mission to deliver the next generation of data-driven tech solutions to its customers. Its uplist application to the Nasdaq Capital Market is no different. While it is yet to materialize, FNGR is confident and proud of the strides made thus far, along with the response gotten from Nasdaq. Mr. Shen, however, has acknowledged that there would be hurdles along the way, but expressed his confidence in his team’s work to have the company listed on the market.

FNGR currently serves over a billion users in the Chinese market (https://ibn.fm/vafe8). Going forward, it seeks to expand into other regions and further introduce other innovative offerings, mainly in collaboration with other tech companies in specific industries. So far, associations with Happy Life Insurance and Xunlian Tanxia Technology show FNGR’s commitment to this path and highlight its future. This company is committed to growing its user base organically, and it seeks to leverage this growth, ultimately transforming it into an ecosystem of users with high engagement rates while also utilizing its broad range of innovative applications.

The future looks bright for FNGR. Going forward, it is expected that crucial achievements and milestones that include Sapientus’ launch will not be the last. The company is committed to expanding its market reach, growing its product line, and increasing the quality of its product and service offerings, all in a move to achieve its core mission and overall goal to deliver the next generation of data-driven technology solutions.

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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