Global Payout, Inc. (OTCMKTS:GOHE) has finalized a Letter of Intent with SinglePoint, Inc. (OTCMKTS:SING) whom former plans to start collaborating with to increase its current suite of financial technology offerings, including those used by its majority owned subsidiary firm, MoneyTrac Technology, Inc.
As Global Payout continues to expand its financial know-how service offerings to businesses functioning across different industries, the firm continues to seek prospective associations with other firms within the Fintech division whose technology can support and enhance company’s existing financial and payment technology platforms. Through this deal, the firm plans to explore the technology enhancement prospects that may prevail through the establishment of a deal with SinglePoint.
As per the CEO of Global, SinglePoint’s expertise and knowledge in mobile payments and other technology offerings is what they consider could be a substantial inclusion to the financial payment platforms they have advanced, and are still advancing, for their customers in the several different industries they serve.
They are also eager to utilize this deal as a prospect to assess how an association with SinglePoint can be used to improve the financial and payment solutions provided by MoneyTrac Technology, their majority owned subsidiary firm is focused on providing in the fast evolving multibillion dollar cannabis market.
As a leader in Fintech solutions, Global Payout will continue to evaluate association prospects that they identify as getting value to the firm, its subsidiaries, and the customers they serve respectively.
MoneyTrac is a leader in providing a full-service solution for alternative electronic financial and banking solutions and offers all facets of financial technology including mobile apps and E-Wallet services for companies and businesses in different “high-risk” industries. Its technology platform enables for its customers to access their financial data from anywhere in the world, besides offering compliance and tracking to help them control and manage the flow of all revenue via their business.
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