RevoluGROUP Canada Inc. (TSX-V:
REVO), (Frankfurt:
IJA2), (Munich:
A2PU92) (the "Company") is
thrilled to announce its strategic alliance with eSignus, a leading
developer of blockchain-based solutions and digital asset custody
solutions. This landmark partnership is set to redefine the global
payment landscape, merging traditional payment infrastructures with
cutting-edge custody solutions for the estimated USD $1.42 trillion
digital asset market. Together, we aim to revolutionize financial
transactions and pave the way for innovative advancements in the
industry.
This partnership's heart is integrating with the
eSignus platform to provide unprecedented flexibility in payment
and fund transfers. This integration facilitates seamless
on-ramp/off-ramp for digital asset transactions and significantly
enhances RevoluGROUP Global Payment Fabric. The collaboration opens
up many channels for making and receiving payments, managing bills,
and beyond, catering to the evolving needs of the worldwide
consumer and notably empowering the often-overlooked nomadic
workers with more versatile financial options.
Daniel Hernandez, CEO and Co-Founder of eSignus
remarked, "By combining our strengths, we are enhancing the concept
of a seamless and more inclusive financial ecosystem that embraces
the digital assets. Our vision aligns perfectly with RevoluGroup's,
and together, we are setting a new standard for global financial
transactions, making them more accessible, efficient, and secure
for everyone, everywhere."
Introducing RevoluGROUP Global Payment
Fabric
RevoluGROUP is pioneering a transformative
approach to global finance. It seamlessly weaves traditional and
digital currencies into a dynamic financial ecosystem that
transcends borders, empowering individuals and businesses with
streamlined, secure, and accessible financial solutions
worldwide.
The RevoluGROUP Global Payment Fabric is a
highly integrated, versatile network of interconnecting licenses,
partner channels and payment networks that support an extensive
array of financial transactions on an international scale. This
vision embodies the creation of a fluid, secure, and adaptable
financial ecosystem, bridging the realms of conventional and
digital currencies. By harnessing cutting-edge technologies,
including blockchain, RevoluGROUP is poised to revolutionize the
user experience, offering various payment solutions ranging from
cross-border and mobile banking to digital asset based services.
This Global Payment Fabric is designed to simplify financial
processes for businesses and individual consumers and to pioneer
new pathways for financial inclusivity, delivering innovative
financial products to underserved communities.
Gavin McMillan, CEO of RevoluGROUP Canada Inc.,
expressed immense satisfaction with the progress of this
collaboration, stating, “Seeing my vision of a new, innovative, and
collaborative Global Payment Fabric coming to life is truly
exciting. The partnership with eSignus signifies a monumental shift
in the payment industry, poised to redefine the standards of
convenience, efficiency, and security on a global scale. We are not
just creating a payment network, we are weaving many different
financial transaction solutions into one, making them universally
accessible and fundamentally transforming how the world engages
with money."
The company has already begun promoting the
Global Payment Fabric to new and existing clients and anticipates
announcing more strategic bilateral trading partnerships with
clients and alternative payment networks in the near future.
Unlocking the Future of
Finance
The partnership with eSignus offers RevoluGROUP
the opportunity to expand the reach its Global Payment Fabric to
include access to a market with over $1.42 trillion in transaction
volumes in 2023. This represents a significant step forward for the
Company, and also provides the ability to enter enhance
partnerships with digital asset exchanges and other financial
service organisations such as providers of digital asset backed
loans. A relatively new concept in the financial world, these types
of loans allow clients to leverage their digital asset holdings as
collateral to secure fiat loans.
About eSignuseSignus is at the
forefront of technological innovation, specialising in secure
digital asset management. Renowned for its commitment to the
highest security and efficiency standards, eSignus has become a
trusted name in the tech industry. The company's flagship product,
the HASHWallet, epitomises its dedication to secure digital asset
transactions, offering users a hardware wallet that combines
state-of-the-art security features with user-friendly operations.
Founded by a team of experts passionate about leveraging technology
to provide secure, accessible financial services, eSignus has
consistently demonstrated its ability to pioneer solutions that
bridge the gap between traditional financial systems and the
burgeoning world of digital currencies.
About RevoluPAY®
The Company's flagship Neobanking technology
is RevoluPAY®,
the Apple and Android multinational payment
app. Conceived entirely in-house, RevoluPAY features proprietary,
sector-specific technology of which the resulting source code is
the Company's intellectual property. RevoluPAY's built-in features
include Remittance Payments, Forex, Retail and Hospitality
payments, Real Estate Payments, pay-as-you-go phone top-ups, Gift
Cards & Online Credits, Utility Bill payments, Leisure
payments, Travel Payments, etc. RevoluPAY is aimed at the worldwide
multi-billion dollar Open Banking sector and + $630
billion family remittance market. RevoluPAY® is operated by
the European wholly owned subsidiary RevoluPAY EP S.L located in
Barcelona. RevoluPAY is a licensed United States
MSB, Canadian FINTRAC, and European PSD2 payment
institution 6900 under E.U. Directive 2015/2366 with EU
Passporting. RevoluGROUP Canada Inc. controls five wholly
owned subsidiaries on four continents.
About RevoluGROUP
Canada Inc.
RevoluGROUP Canada Inc. is a multi-asset,
multidivisional, publicly traded Canadian Company deploying
advanced technologies in; Banking, Mobile Apps, Money Remittance,
Cross-Border Forex Payments, Mobile Phone Top-Ups, EGaming,
Healthcare Payments, Esports, Invoice factoring, Online Travel,
Vacation Resort, Blockchain Systems, and Fintech app sectors. Click
here to read more.
For further information on RevoluGROUP Canada
Inc. (TSX-V: REVO), visit the Company's website at
www.RevoluGROUP.com.
RevoluGROUP Canada, Inc.
"Gavin McMillan" ______________________Gavin
McMillanCEO and Director
For further information, contact:RevoluGROUP
Canada Inc.Telephone: (604) 332 5355Email: info@revolugroup.com
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 release includes certain statements that
may be deemed to be "forward-looking statements". All statements in
this release, other than statements of historical facts, that
address events or developments that Management of the Company
expects, are forward-looking statements. Although Management
believes the expectations expressed in such forward-looking
statements are based on reasonable assumptions, such statements are
not guarantees of future performance, and actual results or
developments may differ materially from those in the
forward-looking statements. The Company undertakes no obligation to
update these forward-looking statements if Management's beliefs,
estimates or opinions, or other factors, should change. Factors
that could cause actual results to differ materially from those in
forward-looking statements, include market prices, exploration and
development successes, continued availability of capital and
financing, and general economic, market or business conditions.
Please see the public filings of the Company at www.sedar.com for
further information.
Revolugroup Canada (TSXV:REVO)
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