TORONTO, Nov. 22, 2017 (GLOBE NEWSWIRE) -- Fintech Select Ltd. (“Fintech Select” or the “Company”) (TSX-V:FTEC) is pleased to announce that it has signed a Letter of Intent ("LOI") with a blockchain focused firm (the “Firm”) which has developed a revolutionary gaming token.
Fintech Select is excited to welcome new tokens that are derived from reputable initial coin offerings (“ICOs”), which are able to leverage the Selectcoin physical infrastructure to increase consumer access. Consumers and investors who want exposure to various new tokens, but might not understand the complex online processes that are involved to acquire these new assets, now have a simple solution through Selectcoin Point of Sale (POS) infrastructure, which utilizes a closed loop card system (Patent Pending).
The Company will be announcing the terms of a definitive agreement with the Firm upon their successful ICO pre-launch in the coming weeks. The definitive agreement will include key details regarding both the token and the Firm.
“Since the announcement of the Selectcoin cryptocurrency solution, numerous blockchain and cryptocurrency companies have been approaching Fintech Select to gain access to the Selectcoin platform,” states Mohammad Abuleil, CEO and President.
About Fintech Select Ltd.
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.
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FOR FURTHER INFORMATION PLEASE CONTACT:
David Vinokurov
Investor Relations
dvinokurov@fintechselect.com
416-716-9281