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/POS 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
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