9 6 ▁per ▁cent ▁since ▁ 2 0 1 4 . ▁ ▁On ▁ 9 ▁September ▁ 2 0 1 5 , ▁Lee ▁Camer on ▁was ▁appointed ▁as ▁CE O . ▁ ▁After ▁reporting ▁heavy ▁losses ▁during ▁ 2 0 1 6 , ▁the ▁company ▁was ▁acquired ▁by ▁F is erv , ▁a ▁US ▁provider ▁of ▁financial ▁services ▁technology , ▁on ▁ 1 ▁September ▁ 2 0 1 7 . ▁ ▁History ▁ ▁Mon it ise ▁was ▁founded ▁in ▁ 2 0 0 3 ▁by ▁Al ast air ▁L uk ies ▁and ▁Steven ▁At kin son , ▁former ▁head ▁of ▁policy ▁at ▁V od af one . ▁Sec uring ▁invest ment ▁for ▁Mon it ise ▁proved ▁difficult ▁initially ▁until ▁in ▁ 2 0 0 6 , ▁the ▁company ▁became ▁part ▁of ▁Mor se ▁Pl c . ▁During ▁this ▁period ▁that ▁Mon it ise ▁built ▁a ▁mobile ▁bank ing , ▁pay ments ▁and ▁commerce ▁e cos ystem . ▁ ▁In ▁ 2 0 0 6 ▁Mon it ise ▁announced ▁a ▁joint ▁vent ure ▁with ▁LIN K , ▁provider ▁of ▁the ▁UK ' s ▁AT M ▁network , ▁to ▁develop ▁mobile ▁bank ing . ▁In ▁October ▁ 2 0 0 6 , ▁H SB C ▁and ▁First ▁Direct ▁launched ▁M ON IL IN K , ▁a ▁mobile ▁bank ing ▁service ▁developed ▁joint ly ▁by ▁Mon it ise ▁and ▁LIN K . ▁It ▁offered ▁customers ▁ 2 4 - hour ▁access ▁to ▁bank ing ▁services ▁via ▁their ▁mobile ▁phone , ▁including ▁mini - stat ements ▁and