VANCOUVER, British Columbia, Dec. 30, 2020 (GLOBE NEWSWIRE) — RevoluGROUP Canada Inc. (TSX-V: REVO), (Frankfurt: IJA2) (the “Firm”) is happy to announce that it has formally launched the RevoluEX Cryptocurrency Change forward of schedule.
RevoluEX is the Firm’s digital foreign money change allowing RevoluPAY app customers to transform main cryptocurrencies instantly, together with BTC, ETH, LINK, XMR, XRP, XLM, DAI & LTC into Fiat cash for fast deposit into their RevoluPAY E-Pockets.
PSD2 licensed RevoluPAY then permits customers to right away switch the Fiat proceeds to a checking account, use them at over 53M VISA Retailers and +100M ATMs worldwide by way of their RevoluPAY VISA Card, or buy items and providers from any of the Firm’s a number of revenue verticals. Internationally compliant DCE Huobi processes all real-time cryptocurrency conversions. All consequential Fiat foreign money flows are processed by RevoluPAY for the DCE associates, both for ultimate credit score to the registered RevoluPAY app consumer or, in a bilateral method, for eventual Huobi associates. The Firm expects associate consumer onboarding to progressively begin through the first fortnight of January 2021, with reciprocal promotional campaigns rising progressively into February and past.
By way of immediately’s launch, the Neobanking performance of RevoluPAY continues to develop right into a cutting-edge monetary hub, embracing the present explosive progress of cryptocurrency together with one of many world’s most outstanding DCE associates. The rising white-label use of RevoluPAY to deal with cost flows for this, and different monetary sectors ought to engender shareholder worth, declaring the Firm’s entrance into the multibillion-dollar cryptocurrency area.
Hyperlinks Utilized in This Information Launch
RevoluEX Crypto Change https://www.revoluex.com/
Huobi Day by day Transactions https://nomics.com/exchanges/huobipro-huobi-global
The Firm’s flagship Neobanking know-how is RevoluPAY®, the Apple and Android multinational cost app. Conceived completely in-house, RevoluPAY options proprietary, sector-specific know-how of which the ensuing supply code is the Firm’s mental property. RevoluPAY’s built-in options embrace Remittance Funds, Foreign exchange, Crypto-to-fiat change, Retail and Hospitality funds, Actual Property Funds, pay-as-you-go cellphone top-ups, Present Playing cards & On-line Credit, Utility Invoice funds, Leisure funds, Journey Funds, and so forth. RevoluPAY employs blockchain protocols and is squarely aimed on the worldwide multi-billion greenback Open Banking sector and + $595 billion household remittance market. RevoluPAY® is operated by the European wholly-owned subsidiary RevoluPAY EP S.L located in Barcelona. RevoluPAY is a dual-licensed Canadian FINTRAC and European PSD2 payment institution 6900 underneath the auspices of E.U. Directive 2015/2366 with EU Passporting. RevoluGROUP Canada Inc. controls five wholly-owned subsidiaries on 4 continents.
About RevoluGROUP Canada Inc.:
RevoluGROUP Canada Inc. is a multi-asset, multidivisional publicly traded Canadian Firm deploying superior applied sciences within the; Banking, Cellular Apps, Cash Remittance, Cellular Cellphone High-Ups, EGaming, Healthcare Funds, Esports, Bill factoring, On-line Journey, Trip Resort, Blockchain Techniques, and Fintech app sectors. Click here to learn extra.
For additional data on RevoluGROUP Canada Inc. (TSX-V: REVO), go to the Firm’s web site at www.RevoluGROUP.com. The Firm has roughly 171,645,885 shares issued and excellent.
RevoluGROUP Canada, Inc.
For additional data, contact:
RevoluGROUP Canada Inc.
Phone: (604) 332 5355
Facsimile: (604) 687 3119
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
This launch contains sure statements that could be deemed to be “forward-looking statements”. All statements on this launch, apart from statements of historic info, that tackle occasions or developments that administration of the Firm expects, are forward-looking statements. Though administration believes the expectations expressed in such forward-looking statements are based mostly on affordable assumptions, such statements are usually not ensures of future efficiency, and precise outcomes or developments could differ materially from these within the forward-looking statements. The Firm undertakes no obligation to replace these forward-looking statements if administration’s beliefs, estimates or opinions, or different elements, ought to change. Elements that would trigger precise outcomes to vary materially from these in forward-looking statements, embrace market costs, exploration and growth successes, continued availability of capital and financing, and common financial, market or enterprise circumstances. Please see the general public filings of the Firm at www.sedar.com for additional data.