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Ex-Monitise investor says sale biggest 2017 regret

Jan 09, 2018 - The Daily Telegraph (London)

One of Monitise's former shareholders, Cavendish fund manager Paul Mumford, has said his "biggest regret" of last year was allowing the fallen UK tech darling to be sold to US suitor Fiserv for just £75m. "This was the worst deal for investors in 2017," he said. Mobile payments group Monitise was once worth more than £1bn.