Fintech Select Registered as a Money Services Business by FINTRAC
April 12 2021 - 6:00AM
Fintech Select Ltd. (“
Fintech Select” or the
“
Company”) (TSX-V: FTEC) is pleased to announce
that it has successfully registered as a Canadian Money Service
Business (MSB) with Financial Transactions and Reports Analysis
Centre of Canada (FINTRAC). This registration is a strategic step
for the Company to launch its online payment platform and to offer
diverse value-added financial payment services to its customers
while complying with the Canadian regulations and rules.
“We are pleased that our
registration with FINTRAC will allow us to globally extend our
financial payment services to our customers on our new e-wallet
platform to facilitate fiat and virtual currency transactions,”
said Mohammad Abuleil, CEO and President of the Company.
The Company intends to provide a further update on
its online payment platform and other solutions in due course.
FOR FURTHER INFORMATION PLEASE CONTACT:
Mohammad Abuleil, President & CEO orShelley
Alliet @ - Investor@fintechselect.com 519-3518647
About Fintech Select Ltd.
Fintech Select is a provider of robust and
disruptive Pre-Paid Card programs and mobile banking solutions.
Fintech Select has enabled these core assets which operate through
separate divisions to work together harmoniously to create a new
and ubiquitous environment for consumers and businesses alike.
Fintech select also operates an international call centre that
provides fulfillment and customer service support to customers
across all the company’s platforms. Our mission is to provide
customers with choice, convenience and cost-effective ways to
facilitate traditional and crypto financial transactions.
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Neither TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Forward Looking
Information:This news release contains “forward-looking
information” within the meaning of applicable securities laws.
Readers are cautioned to not place undue reliance on
forward-looking information. Actual results and developments may
differ materially from those contemplated by these statements. The
statements in this press release are made as of the date of this
release. Fintech undertakes no obligation to comment on analyses,
expectations or statements made by third-parties in respect of its
securities, financial or operating results (as applicable) or
prospects as to the effective implementation of the Solution with
Raseed or future revenue levels from the rollout of the Solution
and other products. Fintech disclaims any intent or obligation to
update publicly any forward-looking information, whether as a
result of new information, future events or results or otherwise,
other than as required by applicable securities laws.
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