2017 Q1 Revenue: €8M, +12%

Paris, 27 April 2017, 5:45 p.m.: HiPay Group (ISIN code: FR0012821916 – HIPAY), a Fintech company specialized in online payments, announces its revenue for the first quarter of 2017.

Commenting on the first quarter earnings, Grégoire Bourdin, Chief Executive Officer at HiPay says:

The beginning of the year follows the Group’s operating plan. The payment activity continues a string of sales successes and increases its market share. Technological innovation remains at the heart of the Group’s strategy, as the recent commercial launch of an artificial intelligence module dedicated to fraud management demonstrates. The micropayment division continues to decline since the second semester of 2016. We are currently restructuring this activity to give it the capacity needed to fully conquer the market.

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Next financial communication : 27 July 2017 – 2017 First Half-Year Results