FingerMotion (OTCQX: FNGR) has leveraged its relationship with the three largest telecommunication companies in China and has, as a result, grown its big data division. “This division comprises a team of data scientists and actuaries who have developed proprietary algorithms to predict human behavior,” reads a recent article. FNGR then tests and refines these algorithms using platforms provided by the telecommunication juggernauts, which have a combined subscriber base of over 1.5 million users. “FingerMotion, which intends to ultimately offer products for the insurance, health care and finance sectors, is initially focusing on insurtech. This focus was evident in January when the company announced it has partnered with Pacific Life Re-insurance, in effect becoming its data provider. Notably, the partnership will extend beyond simply providing data as FNGR will also offer behavioral analytics, which Shen [FingerMotion CEO] described as ‘brief insights into human nature itself.’”
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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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