Fintech Select Continues to Reduce Balance Sheet Debt
September 26, 2018 (Source) — Fintech Select Ltd. (“Fintech Select” or the “Corporation”) (TSX-V: FTEC) is pleased to announce that it has settled the Collins Barrow company’s debt (“Debt”) of $128,000 and related statement of claim (“Claim”) that had been served upon the Corporation by Collins Barrow company in the second half of 2015 as per the Corporation’s previous disclosures. The settlement amount has already been paid in full, thereby retiring the Debt and, subject to procedural formalities, the Claim entirely.
Fintech Select is a provider of robust and disruptive Pre-Paid Card programs, mobile banking solutions and Cryptocurrency technologies. Fintech Select has enabled these core assets which operate through separate divisions to work together harmoniously to create a new and ubiquitous environment for consumers and businesses alike. Fintech select also operates an international call centre that provides fulfillment and customer service support to customers across all three platforms mentioned. Our mission is to provide customers with choice, convenience and cost-effective ways to facilitate traditional and crypto financial transactions.