Monitise shareholders will receive 3.1p per share from Fiserv, as the US based company agreed to nudge its takeover bid up from 2.9p.
Monitise reported a drop in revenue for the year to the end of June as it said current trading remains challenging.
AIM-listed financial services digital technology firm Monitise has agreed to be taken over by US technology group Fiserv for £70m.
Digital technology group Monitise has substantially reduced its first-half pre-tax loss, thanks to a hefty drop-off in impairments, and says its transformation programme is nearing completion.
Monitise said on Tuesday that it has not sold its Americas business unit.
Financial services digital technology company Monitise announced its preliminary results for the financial year to 30 June on Thursday, which it said confirmed a "substantial improvement" in operating figures in the second half.
AIM-listed mobile payments processor Monitise said discussions regarding a possible sale of its content business, Markco Media, have now ended.
AIM-listed mobile payment processor Monitise confirmed on Friday that it is in very early stage discussions regarding a possible disposal of the content business, Markco Media.
First-half results from Monitise showed underlying losses cut by a third as the painful restructuring of the financial software group grinds towards what is expected to be a profitable second half.
Shares in Monitise plunged over 25% early on Wednesday, after the mobile money group posted a wider annual loss.
Monitise shares were hit by news on Wednesday that Visa, a major shareholder and business partner since 2011, was going to reduce its shareholding in the mobile banking specialist over time.
Monitise, a mobile banking and payments service group, said its revenues will be lower than previously expected due to a "difficult year".
Shares in mobile banking software group Monitise slumped 5% on Wednesday after Jefferies downgraded the stock to 'hold' from 'buy' and slashed its price target to 1,500p from 3,600p.
Mobile money innovator Monitise has failed to find a buyer as part of its strategic review, with Elizabeth Buse to lead the group as chief executive as founder and joint-chief executive Alistair Lukies steps down.
Mobile banking software group Monitise shares jumped on Thursday, after the company won two major multi-year, "multi-million dollar" contract wins.
Although losses nearly trebled in the first half, mobile banking and payments group Monitise reiterated its confidence in turning profitable next year and said it had "constructive discussions with market-leading players interested in our business".
Shareholders in Standard Life are sitting pretty after the relevant authorities cleared the way for the firm to payout £1.75bn in cash. That comes in the wake of the £2.2bn sale of its Canadian arm last September. That will result in a large outflow of capital, which will nonetheless be compensated for by a share consolidation. Yet what really matters is the company's constant solid performance.
Mobile banking technology provider Monitise could put itself up for sale after warning that sales growth would be flat in the full year.
Mobile payments group Monitise has signed a seven-year deal with Virgin Money to help develop its digital banking services.
British holding company Monitise PLC said Santander Group, Telefónica Group and MasterCard have agreed to subscribe for 161.3m new shares in the mobile payments company.