FAST FINANCE PAY CORP - FFPP STOCK NEWS

Fast Finance Pay Corp (FFPP) reports strong financial results for Q1 FY 2024 with record revenues, showcasing growth in various business units and expansion efforts, including the success of the German subsidiary FF24 Merchant Services GmbH and the popularity of the OK.secure digital crypto wallet.

Fast Finance Pay Corp. (FFPP) reported record revenues, operating income, and net income for the fiscal year ended December 31, 2023. The company saw a significant increase in revenues, with a 292% rise to $4.5 million from $1.2 million in 2022. Gross profit also saw a substantial increase to $1.8 million from $307 thousand in the same period in 2022. Net profit increased to $180 thousand from $142 thousand in 2022. The company's focus on customer satisfaction led to obtaining more customers across various markets. The launch of DigiClerk.com, an Artificial Intelligence powered document processing platform, was successful and received positive feedback, contributing to an increase in shareholder equity by $2.2 million to $6.4 million at the end of the year. Fast Finance Pay Corp. aims to continue expansion plans and explore opportunities for uplisting onto a major stock exchange.

Fast Finance Pay Corp (FFPP) Launches OK.secure, a Secure Crypto Wallet Messenger with End-to-End Encryption and Blockchain Integration

Fast Finance Pay Corp (FFPP) Announces Strong Financial Results, with Revenues Soaring 465% in Q3 2023

Fast Finance Pay Corp announces partnership with digiclerk.com to expand operations in the United States, offering AI-powered document processing for financial professionals.

Fast Finance Pay Corp (FFPP) announces the acquisition of a crypto services portfolio from FortKnoxster Ltd, enabling access to over 40 blockchains and 100,000 digital assets for its 2.3 million users of OK.de Services. The launch of the OK. secure wallet is anticipated in Q2 2023, adding a crypto wallet feature to its secure messenger service. Additionally, the company is exploring a joint venture for an electronic payment card across the EU due to delays with Rails Bank. Despite challenges, management expresses satisfaction with progress amidst a tough trading environment.

Fast Finance Pay Corp (FFPP) announced the resolution of all ongoing litigation against the company by Life Wellness, Inc., with the case officially discontinued on November 10, 2022. This settlement follows a previously reported conditional settlement involving the issuance of 5 million restricted common shares. Additionally, FFPP clarified its acquisition of Ok.de Holding, Inc., completed on November 8, 2022, for 100% of its shares, involving a share exchange with a total of 3,940,206 new convertible preferred shares issued to the prior shareholders.

Fast Finance Pay Corp. (FFPP) announced an acquisition of FF24 Sustainability GmbH, formerly known as OK.de, through a Florida-based Special Purpose Vehicle.

This move targets the fintech sector, enhancing FFPP’s offerings in secure messaging and cryptocurrency transactions. OK.de boasts around 2.3 million users in Germany, benefiting from military-grade encryption for its messaging app. The deal includes issuance of Series 'E' Convertible Preferred Stock to outside investors, facilitating potential liquidity events for early stakeholders.