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BlueOne Card (OTCQX: BCRD) has announced a definitive agreement to acquire a 60% equity stake in Millennium EBS for $12 million. The acquisition includes the Millennium EBS Payment Hub, an advanced payment orchestration platform. The combined company projects potential revenue of up to $10 million in the next year. Millennium EBS shareholders will receive approximately 17% equity ownership in BlueOne Card. The acquisition enables BlueOne Card to provide payment services directly to banks and support their ISO20022 compliance requirements. The company aims to meet NASDAQ listing requirements by Q4 2026.
BlueOne Card, Inc. (OTC BCRD) has successfully delivered 30,000 BlueOne Prepaid MasterCards to the Agency Tribal Nations Federal Land Management of Mendocino Indian Reservation. The total order includes 100,000 cards valued at $2 million. This initial delivery is projected to generate $7.2 million in the first year, with potential revenues rising to $24 million for the full order. The agency has expressed interest in increasing their order to one million cards. BlueOne provides financial solutions to the unbanked and underbanked populations, enhancing access to essential financial services.
BlueOne Card (OTCQB: BCRD) announced its uplisting from the OTC Pink tier to the OTCQB, effective April 25, 2022. This milestone marks a significant achievement for the company, indicating compliance with OTC Markets' stringent reporting standards. According to Chairman James Koh, the uplisting is expected to enhance visibility and attract new shareholders. BlueOne Card offers prepaid MasterCards that provide virtual checking accounts without the need for a social security number, allowing users to manage funds conveniently.
BlueOne Card Inc. announces a purchase order from Agency Tribal Nations Federal Land Management for 100,000 BlueOne Prepaid MasterCards, valued at $2 million. The company expects an annual revenue of $24 million from the initial purchase, with potential revenues of $72 million once total orders reach 300,000 cards. The BlueOne card functions as a prepaid card offering various banking benefits without a social security number. This partnership aims to benefit unbanked and underbanked Native American communities.
BlueOne Card, Inc. (OTC Pink: BCRD) announces plans to launch its BlueOne Prepaid MasterCard in retail liquor stores across the U.S. starting February 2022. Previously available only online, this prepaid card allows users to access a virtual checking account and conduct various banking transactions. The rollout will commence in California and expand nationwide. With remittance payments on the rise, BlueOne Card aims to serve the 45 million foreign-born individuals in the U.S. seeking accessible financial solutions. The card is FDIC insured, offering secure transactions for unbanked users.
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