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Calpian's Money-On-Mobile Extends Growth in India, Surpasses 112 Million Cumulative Unique Users, Grows Distribution Network to 225,000 Retailers
[November 21, 2014]

Calpian's Money-On-Mobile Extends Growth in India, Surpasses 112 Million Cumulative Unique Users, Grows Distribution Network to 225,000 Retailers


DALLAS & MUMBAI, India --(Business Wire)--

Calpian, Inc. (OTCQB: CLPI) announced that for the month ending October 31, 2014, its Mumbai-based subsidiary Money-On-Mobile has been accessed by more than 112 million cumulative unique users since its inception with a total of 8.4 million unique users accessing the service in October. Money-On-Mobile is a mobile payments service provider that allows Indian consumers to use their mobile phones to pay for goods and services, or transfer funds from one cell phone to another using simple SMS text functionality.

Money-On-Mobile is now offered to Indian consumers through 225,069 retail locations throughout India, an increase of 5,506 stores compared to 219,563 stores in September. Processed transaction volume for October 2014 in Indian rupees exceeded 1.26 billion INR, a 48.3 percent increase compared to the single month volume processed six months ago for the month ending April 30. At current exchange rates, the October 2014 processed transaction volume was approximately $20.5 million USD.

"Even with seven holidays and four Sundays during the month of October, we extended our growth in unique users, processed transaction volume and retail distribution, further reinforcing the growing demand for secure, convenient mobile payment services fr everyday Indians," said Shashank Joshi, founder and managing director of Money-On-Mobile. "With more than 900 million mobile phone subscribers and over 500 million unbanked citizens in India, the opportunity for mobile money is significant. We're pleased with our growth to date and remain focused on expanding our service across the country."



"Money-On-Mobile has added more than 37 million new Money-On-Mobile users and 57,924 new retail distribution partners compared to the same period one year ago, further demonstrating the growing demand for mobile payment services in India," said Calpian CEO Harold Montgomery. "The global market for mobile payments is rapidly expanding with India being the most compelling market of all. Our continued success demonstrates that Money-On-Mobile delivers a model for mobile payments that works, and we remain focused on driving growth and expanding service offerings."

About Calpian, Inc.


Calpian, Inc. (CLPI) is a global mobile payments technology and processing company offering mobile payment services through Indian subsidiary Money-On-Mobile and domestic transaction services through Calpian Commerce. Money-On-Mobile is a mobile payments service provider that enables Indian consumers to use their mobile phones to pay for goods and services, or transfer funds from one cell phone to another using simple SMS text functionality. Calpian Commerce provides the U.S. merchant community with an integrated suite of payment processing services and related software products. For more information, visit www.calpian.com.

Note to Investors:

This press release contains certain forward-looking statements based on our current expectations, forecasts and assumptions that involve risks and uncertainties. This release does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity. Forward-looking statements in this release are based on information available to us as of the date hereof. Our actual results may differ materially from those stated or implied in such forward-looking statements, due to risks and uncertainties associated with our business, which include the risk factors disclosed in our Form 10-K filed on August 11, 2014. Forward-looking statements include statements regarding our expectations, beliefs, intentions or strategies regarding the future and can be identified by forward-looking words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," and "would" or similar words. We assume no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise.


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