Australia's Peppermint Innovation climbs on Philippines license grant

Peppermint Innovation

04/05/2022 05:07

** Shares of fintech co Peppermint Innovation  PIL.AX  soar
as much as 23.5% to A$0.021, their best intraday session since
Oct. 28, 2021 
    ** Says it got a license from Philippines' central bank to
operate as an Electronic Money Issuer in the country
 urn:newsml:reuters.com:*:nASXcdSwVh 
    ** License allows the firm to offer e-wallet services
through its Bizmoto mobile app in the Philippines 
    ** Stock hits highest level since Nov. 23, 2021
    ** Trading volumes near 9 times their 30-day average, with
57.1 mln shares traded so far
    ** Stock up 30.8% so far this year, as of last close 

 (Reporting by Harshita Swaminathan)
 ((Harshita.Swaminathan@thomsonreuters.com))