LEVERAGING LEGACY FOR GREATER GAINTHE FINTECH push is now on.
Those juicy margins are too good to pass up.
Scg is well positioned to take advantage of FGD's FINTECH technology share.
The partnering was brilliant!
SelectCore will provide full suite Fintech integration to its existing database of cardholders
ET |
Source: SelectCore Ltd.
TORONTO, May 09, 2017 (GLOBE NEWSWIRE) -- SelectCore Ltd. (“SelectCore” or the “Company”) (TSX-V:SCG), a newly established Fintech company is pleased to advise that with the recent definitive JV signed with First Global Data Limited (TSX-V:FGD), it will be incorporating a Fintech solution that will provide all of its cardholders with enhanced capabilities to include payments and remittances via their mobile phones. Remittances services will be available in up to 90 countries.
This secure fully compliant solution is powered by First Global Data and it will generate new income streams and enable us to aggregate users globally.
Mohammad Abuleil comments, "The recent definitive JV done with FGD will put us on a multi recurring revenue Fintech pathway. In addition to our high margin prepaid card model, we will be compounding the profitability of our business model to a greater degree with the augmentation of additional Fintech offerings. We also intend to extrapolate the Fintech offerings to all of the current deals in the pipeline".