TIO Networks Q1 2010 revenue up 11%

TIO Networks Q1 2010 revenue up 11%
Tags: North America, Public Companies, TIO Networks Corp., Transaction Processing, Underbanked / Unbanked
December 15, 2009

TIO Networks Corp., a provider of expedited bill-payment processing, has announced transaction revenue results for the first quarter of fiscal year 2010, ended October 31.

According to a news release, TIO processed $4.7 million in bill-payment transactions, with revenue increasing 11 percent over Q1 2009 and one percent over Q4 2009.