MINNEAPOLIS, Oct. 30, 2014 (GLOBE NEWSWIRE) -- Cachet Financial Solutions, Inc. (OTCQB:CAFN), a leading provider of cloud-based SaaS mobile money management technology to banks, credit unions and other financial services organizations, has been invited to speak at the 2014 Money2020 event being held November 2-5 at The Aria Resort and Casino in Las Vegas.
Cachet's SVP of Mobile Innovations, Youri Bebic, is scheduled to present a case study and demo of the Navy Federal Visa Buxx app, a money management tool geared toward students that is powered by Cachet's Select Mobile™ Money technology. The presentation will take place on Wednesday, November 5, at 12:00 p.m. Pacific Time.
Money2020 is one of the largest payments conferences in the world and focuses on the intersection of payments and financial services. Since its inception in 2012 the event has experienced considerable growth. The 2014 event is expected to feature over 7,000 attendees, 700 CEOs, and 2,500 companies, representing the broad spectrum of industries redefining the entire commerce ecosystem.
Cachet will also be exhibiting at Money2020 (booth 119) and featuring their award-winning prepaid mobile money management solution, Select Mobile™ Money. Available for iOS and Android systems, the Select Mobile Money platform can be integrated with existing card programs or used to develop a new prepaid card program, complete with feature-rich mobile app and branded general purpose reloadable prepaid card. The platform's powerful back-end analytics enable financial institutions to segment customers based on behavior and send relevant marketing notifications that keep customers engaged. To learn more about Select Mobile Money, click here, or contact Cachet at info@cachetfinancial.com.
"Having introduced the first mobile money management platform for the prepaid industry, Cachet is pleased to exhibit and present our award-winning technology at the highly respected Money2020 event," said Jeffrey Mack, President and CEO at Cachet. "The invitation to speak at Money2020 reinforces Cachet's emergence as an innovator and leading prepaid mobile technology provider."
About Cachet Financial Solutions, Inc.
Cachet Financial Solutions is a leading cloud-based, SaaS technology provider serving the financial services industry with mobile money management and remote deposit capture solutions for PC, Mac and mobile. The company's industry-leading solutions help clients to increase customer/member engagement, grow revenues and gain competitive advantage. Cachet's cloud-based technology platform simplifies development, deployment and servicing of consumer and commercial solutions—minimizing cost and accelerating speed-to-market and ROI. Enabled by Cachet's complete suite of business and consumer solutions, financial institutions can better serve the needs of all their customers or members. For more information, visit www.cachetfinancial.com.
Forward-Looking Statements
This press release contains certain statements that would be deemed "forward-looking statements" under Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1933 and includes, among other things, discussions of our business strategies, future operations and capital resources. Words such as "may," "likely," "anticipate," "expect" and "believes" indicate forward-looking statements.
These statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements to be materially different from any future results, performances or achievements expressed or implied by the forward-looking statements. Forward-looking statements include statements about the anticipated closing of our initial public offering and the number of shares to be sold in the offering.
Forward-looking statements reflect our current views with respect to future events, are based on assumptions and are subject to risks and uncertainties. We discuss many of these risks in greater detail in our Current Report on Form 8K filed with the Securities and Exchange Commission on February 12, 2014 under the heading "Risk Factors" and in the other reports we file with the Commission. Given these uncertainties, you should not attribute undue certainty to these forward-looking statements. Also, forward-looking statements represent our estimates and assumptions only as of the date of this press release. Except as required by law, we assume no obligation to update any forward-looking statements publicly, or to update the reasons actual results could differ materially from those anticipated in any forward-looking statements, even if new information becomes available in the future.