CryptoWhistle - Crypto Currency Tracker logo CryptoWhistle - Crypto Currency Tracker logo
Seeking Alpha 2021-06-30 15:25:16

iQSTEL to introduce Global Money One Mobile FinTech Services

metamorworks/iStock via Getty Images Next week iQSTEL ([[IQST]] -2.8%) will roll out its Global Money One Mobile FinTech Services, adding MasterCard debit card services to its existing Visa debit card services. The Global Money One Mobile FinTech services are designed for immigrants in the U.S. but anyone can use it. The services consist of a Visa/Mastercard debit card, with a U.S. bank account and a mobile application/wallet that offers cryptocurrency exchange services, international remittances, and International Mobile Top Up, among other services. Adding MasterCard Money One ((MAXIMO)) to its existing Visa Money One ((VIMO)) enables IQSTEL to address a larger market. "We believe our new MAXIMO and VIMO branded banking ecosystem can generate $128M in revenue for iQSTEL over the next five years," said Leandro Iglesias, CEO of iQSTEL. iQSTEL reported $5.14M of revenue in May, representing a 16% Y/Y increase and expects to achieve $60.5M of revenue for 2021.

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.