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Fonix

Topic: Company

 From HandWiki - Reading time: 4 min
Short description: London-based mobile payments and messaging provider
Fonix Mobile Plc
Fonix-logo-2022.png
Type of businessPLC
Founded2006 (2006)
HeadquartersLondon, UK
Area servedWorldwide
Founder(s)Will Neale, Rob Weisz
Key peopleRob Weisz (CEO), Michael Foulkes (CFO), Edward Spurrier (Chairman), Will Neale (Non-Executive Director), Carmel Warren (Non-Executive Director)
Websitefonix.com
Current statusActive

Fonix provides a mobile payments and mobile messaging platform and is based in London. Its services are used by the media, entertainment, telecoms, enterprise and commerce sectors[1] and Fonix has connections to all of the UK mobile networks. When consumers make payments, they are charged to their mobile phone bill. This service can be used for ticketing, content, cash deposits and donations.[1]

The company was founded in 2006[2] and it has partnerships with Vodafone (of which it is a platinum partner),[3] EE Limited, Telefónica UK Limited and Hutchison 3G. Fonix's clients include ITV (TV network), Global, BT, Bauer and BBC Children in Need, Comic Relief and more.

The current CEO is Rob Weisz.[4]

How it works

Fonix's service works by charging digital payments to the mobile phone bill, either via Carrier Billing or SMS Billing.[5] Fonix also offers messaging solutions.[6]

Carrier billing

APIs are used to charge users to their phone bills through desktop, mobile or apps.[7] Fonix's Carrier Billing services can be used for ticketing (e.g. parking tickets and cinema tickets), content (e.g. paying for film or magazines) and cash deposits.[1][8]

SMS billing

Fonix's API charges customers to their phone bills via SMS.[9] This means that customers can purchase services or make charitable donations and are charged by sending the text message.[10][11] The service is most commonly used for digital purchases, such as content, donations, voting, competitions and polls.[12][13]

Messaging

Fonix's messaging services have the capability to send and receive SMS online, via an API or via SMPP. RCS messaging can be used to send richer message content.[14][15]

History

Fonix was originally named Orca Digital and was founded in 2006 in Chiswick, London. Orca Digital focused upon mobile telephony and providing interactive services to the media and entertainment sectors.[16]

In 2014, Orca Digital relaunched as Fonix Mobile under CEO Rob Weisz. At this point, the business became focused upon mobile operator payments and mobile messaging services to a range of sectors including media, charity, telecoms, enterprise, gaming and entertainment.[17]

Since 2014, Fonix has secured contracts with Channel 5,[18] Sport Relief,[19] Children in Need,[20] tastecard,[21] Unicef (Soccer Aid),[22] BT Sport, ITV,[23] Stand Up To Cancer,[24] Ruth Strauss and many more.

In 2015 and 2016, Fonix was listed in the Sunday Times Hiscox Tech Track, ranking 34th and 28th respectively.[1] In 2015 and 2016, Fonix ranked 50th and 37th in the Deloitte Fast 50 respectively.[25][26] In 2015 and 2016, Fonix ranked 363rd and 238th respectively in the Deloitte Technology Fast 500.[27][28] In 2016 and 2017, Fonix won the Moma Award for the Not for Profit/Charity Mobile Strategy/Campaign of the year. This was to recognise their use of SMS for collecting gift aid for the 2015 Children in Need Campaign.[29]

Fonix went public at the London Stock exchange (AIM) in October 2020. The company has successfully raised £45m with a market capitalisation on admission of £90m.[30]

References

  1. ↑ 1.0 1.1 1.2 1.3 Skeldon, Paul. "Fonix and Impulsepay fly the flag for carrier billing in Tech Track 100". http://www.telemediaonline.co.uk/fonix-impulsepay-fly-flag-carrier-billing-real-world/. Retrieved 26 January 2017. 
  2. ↑ n/a. "Tech Track 100". http://www.fasttrack.co.uk/company_profile/fonix-mobile/. Retrieved 26 January 2017. 
  3. ↑ n/a. "Accredited Partners". https://b2benablers.vodafone.co.uk/partners/accredited-partners. Retrieved 26 January 2017. 
  4. ↑ "Fonix: Tech Track 100". http://www.fasttrack.co.uk/company_profile/fonix-mobile/. Retrieved 27 January 2017. 
  5. ↑ PYMNTS (September 2, 2016). "Fonix To Handle BuyGameCredit Purchases On Xbox Live, PlayStation". http://www.pymnts.com/news/payment-methods/2016/fonix-buygamecredit-xbox-playstation-purchases/. Retrieved 30 January 2017. 
  6. ↑ Skeldon, Paul. "Mr". World Telemedia. World Telemedia. https://www.telemediaonline.co.uk/85969-2/. Retrieved 23 January 2019. 
  7. ↑ n/a. "Fonix: Tech Track 100". http://www.fasttrack.co.uk/company_profile/fonix-mobile/. Retrieved 26 January 2017. 
  8. ↑ "Mobile Carrier Billing payments" (in en-GB). https://www.fonix.com/payment/. 
  9. ↑ Alert Logic Product Marketing Team. "Fonix Mobile - Mobile and billing system security in Amazon Web Services (aws)". https://www.alertlogic.com/blog/fonix-mobile-mobile-and-billing-system-security-in-amazon-web-services-(aws)/. Retrieved 27 January 2017. 
  10. ↑ Skeldon, Paul (November 25, 2015). "BBC Children in Need breaks all time text to donate record with Fonix". http://www.telemediaonline.co.uk/bbc-children-in-need-breaks-all-time-text-to-donate-record-with-fonix/. Retrieved 27 January 2017. 
  11. ↑ Skeldon, Paul (May 19, 2016). "Heart Radio embraces mobile listeners whose heart voice shortcodes - volume increase dramatically". http://www.telemediaonline.co.uk/heart-radio-embraces-mobile-listeners-whos-heart-voice-shortcodes-volume-increase-dramatically/. Retrieved 27 January 2017. 
  12. ↑ Liggero, Rebecca (November 16, 2015). "Rob Weisz on introducing mobile payments in the online gambling industry". http://calvinayre.com/2015/11/16/business/introducing-mobile-payments-for-online-gambling-bl-video/. Retrieved 27 January 2017. 
  13. ↑ "Mobile Interactivity and SMS payments" (in en-GB). https://www.fonix.com/interactive/. 
  14. ↑ Giles, Hannah. "Fonix joins Google's RCS Messaging Early Access Program". Fonix Mobile. https://blog.fonix.com/fonix-joins-googles-rcs-messaging-early-access-program-ca9995851f45. Retrieved 23 January 2019. 
  15. ↑ "Send and receive text messages" (in en-GB). https://www.fonix.com/products/messaging-api/. 
  16. ↑ n/a. "Orca Digital launches VoiPay – a new premium web telephony platform". http://www.mynewsdesk.com/uk/pressreleases/orca-digital-launches-voipay-a-new-premium-web-telephony-platform-694693. Retrieved 27 January 2017. 
  17. ↑ n/a. "Tech Track 100". http://www.fasttrack.co.uk/company_profile/fonix-mobile/. Retrieved 27 January 2017. 
  18. ↑ n/a (September 2014). "Channel 5 Select Fonix For Two Year Agreement For All Mobile Interactive Services". http://aimelink.org/channel-5-select-fonix-for-two-year-agreement-for-all-mobile-interactive-services/. Retrieved 27 January 2017. 
  19. ↑ n/a. "Sport Relief Legal". http://www.sportrelief.com/legal.. Retrieved 27 January 2017. 
  20. ↑ "ViewRanger keeps The One Show Rickshaw Challenge riders on track". http://www.cambridgenetwork.co.uk/news/viewranger-keeps-the-one-show-rickshaw-challenge-riders-on-t8203/. Retrieved 27 January 2017. 
  21. ↑ "Awards Preview – Most Effective Mobile Payment Solution". http://mobilemarketingmagazine.com/awards-preview-most-effective-mobile-payment-solution-2016/. Retrieved 27 January 2017. 
  22. ↑ "Soccer Aid" (in en-GB). https://www.fonix.com/case-studies/soccer-aid/. 
  23. ↑ "ITV" (in en-GB). https://www.fonix.com/case-studies/itv/. 
  24. ↑ "Stand Up To Cancer" (in en-GB). https://www.fonix.com/case-studies/stand-up-to-cancer/. 
  25. ↑ Skeldon, Paul (November 27, 2015). "Fonix ranks 50th in the 2015 Deloitte Technology Fast 50 2015 after two years of trading". http://www.telemediaonline.co.uk/fonix-ranks-50th-in-the-2015-deloitte-technology-fast-50-2015-after-two-years-of-trading/. Retrieved 27 January 2017. 
  26. ↑ "Fast 50 Winners 2016". http://www.fast50.co.uk/2016-winners/2016-winners.aspx. Retrieved 27 January 2017. 
  27. ↑ "2015 Technology Fast 500TM Europe, Middle East & Africa (EMEA) Ranking". https://www2.deloitte.com/content/dam/Deloitte/global/Documents/Technology-Media-Telecommunications/gx-deloitte-tmt-emea-fast500-2015-rankings.pdf. Retrieved 27 January 2017. 
  28. ↑ "Fast 500 Winners". https://www2.deloitte.com/us/en/pages/technology-media-and-telecommunications/articles/fast500-winners.html. Retrieved 27 January 2017. 
  29. ↑ "Momas 2016". October 27, 2015. http://www.momas.co.uk/momas/momas-2016#22952. Retrieved 27 January 2017. 
  30. ↑ "London Stock Exchange welcomes Fonix Mobile Plc to AIM - Welcome Story At London Stock Exchange | London Stock Exchange". https://www.londonstockexchange.com/discover/news-and-insights/london-stock-exchange-welcomes-fonix-mobile-plc-aim. 

External links



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