(RTTNews) - Monitise plc (MONI.L), a mobile banking firm, reported Wednesday a wider loss for fiscal 2010 despite a 125% surge in revenues, as the company increased its investment in technology platform and incurred costs to support its international growth in the latter half.

Monitise's loss before tax widened to GBP 17.04 million from GBP 13.13 million last year.