RevoluGROUP Canada Inc. (REVO) intends to launch the USD and CAD multicurrency and aesthetically redesigned version of the proprietary RevoluPAY App this month.
The launch is precisely timed to coincide with numerous future white-label parties for whom multiple currency payments and disbursements are a requisite.
The company further outlined its roadmap to future user acquisition programs through the white-labeling of its technology.
In November, RevoluGROUP informed shareholders of the future projected RevoluPAY App enhancements pertaining to multicurrency, forecasted to support in-app on-the-fly switchable currency accounts initially in CA, USD, Euro and GBP.
The corporate objective was to enable RevoluPAY and future White-Label users to transact in a specific currency and operate directly in that currency. The company has since completed the entire multicurrency reprogramming of RevoluPAY allied to the comprehensive aesthetic redesign of the App first revealed in October.
The enhanced App version planned for release on or before February 20, 2021 incorporates the addition of USD and CA$ functionality, with the inclusion of GBP coming shortly after that.
Shareholders are advised that the company has previously arranged multiple international holding accounts in CA$, USD, Euro, and GBP to guarantee its fiduciary obligations as financial institution 6900 and PSD2 license holder. The launch of multicurrency signifies the start of the white-label rollout projected over previous years.
RevoluGROUP Canada Inc. is up 1.69 per cent to 0.30 per share.