Mr. Andre Itwaru reports

FIRST GLOBAL CREATES A VALUE ADDED ECOSYSTEM FOR THE CANADIAN LAUNCH OF PAYQWIK

First Global Data Ltd. has signed an agreement with Mansoor Brothers Enterprises Inc. (MBE) for services which enhance the company's North American mobile wallet offering. The deal is another key step toward the company's North American service launch.

MBE will push its existing member base across to the First Global Payqwik mobile wallet providing the company with immediate mobile user traction in Canada. Users in Canada will receive discounts when they purchase telephone and Internet services, international money remittance, entertainment, personal tax returns, drug benefits, movies at Cineplex, Esso gasoline, auto and home insurance, and more using the Payqwik app.

MBE has 24,000 point-of-sale (POS) devices in Canada and 32,000 in the United States. In addition, MBE has 5,000 ATMs in Canada and 1,000 in the U.S. First Global will use this MBE distribution network for loading and cashout for its mobile wallet.

"By integrating the First Global Wallet onto our ATM and POS networks in Canada and the U.S., it will enable First Global to provide a fluid and fintech-focused cross-border wallet deployment," said Mr. Naqvi, president and chief executive officer of MBE.

"MBE has a strong member base and extensive reach across North America. Partnering with MBE provides First Global with immediate user penetration for its Canadian launch, an ecosystem with value-added services for our mobile wallet clients and a path for rapid monetization as we launch services in Canada," said Nayeem Alli, chief financial officer of First Global.

About First Global Data Ltd.

First Global is an international financial services technology company. The company's two main lines of business are mobile payments and cross-border payments. First Global's proprietary leading-edge technology enables the convergence of compliant domestic and cross-border payments, shopping, peer-to-peer (P2P), business-to-consumer (B2C) and business-to-business (B2B) payments.

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