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TORONTO, April 12, 2021 (GLOBE NEWSWIRE) -- 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 or
Shelley Alliet @ - Investor@fintechselect.com
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.
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.