IFAN Financial, Inc. (IFAN) Fanning the Flames in Mobile Pay IFAN Financial, Inc. (IFAN) Fanning the Flames in Mobile Payment Space
The concept of mobile banking and mobile payments has been a burgeoning sector of the digital age in the last couple of years. With the evolution of things like PayPal, Google Wallet and Apple Pay, as well as many banks and credit unions offering online banking and bill-paying options, the mobile, wireless consumer is demanding even more freedom. And in this case, that means the freedom to do banking and make payments from anywhere without having to make appointments or scheduling a trip to the bank during banker’s hours.
IFAN Financial, Inc. (OTC: IFAN) is one of those up-and-comers in the mobile payment and online banking space, and as the calendar turned to 2015 the company has been active in preparing its Quidme mobile platform and making efforts to ramp up marketing and commercialization.
The new year started positively for IFAN Financial, Inc., as it announced just before the first trading session of the year that it had secured a private placement with an investor for $1 million, which the company said it would use to finish the development of its Quidme platform and move forward on efforts to commercialize the platform in the coming weeks and months.
The full private placement should be completed by early February. Under the agreement, the total value of the deal in stocks and warrants could be as much as $4.7 million.
Just a few short days after that announcement, IFAN Financial reached an agreement with Card Collaborative International to help with platform development. ICCI is slated to help IFAN’s platform procure banking compliance and ATM/Point-Of-Sale network approvals, as well as establish bank-settlement accounts and finalize third-party processor agreements among other duties.
With these recent moves, IFAN Financial is on the road to bringing its mobile-payment platform from the world of theoreticals into the world of practical.
For more information, visit www.ifanfinancial.com
Please see disclaimer on the QualityStocks website: https://Disclaimer.QualityStocks.com