FingerMotion (OTCQX: FNGR) has set sights on offering big data insights to other insurance companies in China, following a similar partnership with Pacific Life Re-insurance announced in January. The collaboration, which put FNGR on track to monetize its big data asset, Sapientus, effectively ushered the company into the insuratech industry. With the insurance industry in China expected to grow in the next decade to become the largest suchlike market in the world, FNGR has positioned itself to offer solutions and benefit as a result. A recent article quotes CEO Michael Shen as saying, “We believe other re-insurance companies will look to develop a similar model with us. By remaining non-exclusive and offering similar services to other companies in other insurance sectors, we believe we have the potential to be the most disruptive technology in insurance today.”
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About FingerMotion Inc.
FingerMotion is an evolving technology company with core competencies in mobile payment and recharge platform solutions in China. It is one of only a few companies in China with access to wholesale rechargeable minutes from the country’s largest mobile phone providers that can be resold to consumers. As the user base of its primary business continues to grow, the company is developing additional value-added technologies to market to its users. FingerMotion’s vision is to rapidly grow the user base through organic means and have this growth develop into an ecosystem of users with high-engagement rates utilizing its innovative applications. Developing a highly engaged ecosystem of users would strategically position the company to onboard larger customer bases. FingerMotion eventually hopes to serve over 1 billion users in China and eventually expand the model to other regional markets. For more information about the company, visit www.FingerMotion.com.
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