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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