Hammer Group Announces Strategic Restructuring and Fintech Expansion
Hammer Technologies Holdings Corp. (OTC: HMMR) has announced strategic initiatives focusing on fintech and digital banking expansion. The company has launched HammerPay, a prepaid card remittance platform, and is finalizing HammerPay Global Payments for cross-border settlements.
The HammerPay platform features a prepaid digital merchant card system ensuring directed fund usage. The company has secured partnerships with multiple African merchants including City Builders, BuildEx, and Banjoo Superstore, enabling recipients to purchase essential items.
The upcoming HammerPay Global Payments service will provide USA-based FBO bank accounts with FDIC insurance, facilitating international transactions through wallets or debit cards. The company has also implemented new financial reporting systems to enhance operational transparency.
Hammer Technologies Holdings Corp. (OTC: HMMR) ha annunciato iniziative strategiche focalizzate sull'espansione nel fintech e nella banca digitale. L'azienda ha lanciato HammerPay, una piattaforma di rimessa con carta prepagata, e sta finalizzando HammerPay Global Payments per i pagamenti transfrontalieri.
La piattaforma HammerPay presenta un sistema di carte digitali prepagate per i commercianti, garantendo un utilizzo mirato dei fondi. L'azienda ha stretto partnership con diversi commercianti africani, tra cui City Builders, BuildEx e Banjoo Superstore, consentendo ai destinatari di acquistare beni essenziali.
Il prossimo servizio HammerPay Global Payments fornirà conti bancari FBO negli Stati Uniti con assicurazione FDIC, facilitando le transazioni internazionali tramite portafogli o carte di debito. L'azienda ha anche implementato nuovi sistemi di reporting finanziario per migliorare la trasparenza operativa.
Hammer Technologies Holdings Corp. (OTC: HMMR) ha anunciado iniciativas estratégicas centradas en la expansión de fintech y banca digital. La empresa ha lanzado HammerPay, una plataforma de remesas con tarjeta prepagada, y está finalizando HammerPay Global Payments para liquidaciones transfronterizas.
La plataforma HammerPay cuenta con un sistema de tarjeta digital prepagada para comerciantes, asegurando el uso dirigido de los fondos. La empresa ha asegurado asociaciones con varios comerciantes africanos, incluidos City Builders, BuildEx y Banjoo Superstore, permitiendo a los destinatarios comprar artículos esenciales.
El próximo servicio HammerPay Global Payments proporcionará cuentas bancarias FBO basadas en EE. UU. con seguro FDIC, facilitando transacciones internacionales a través de billeteras o tarjetas de débito. La empresa también ha implementado nuevos sistemas de informes financieros para mejorar la transparencia operativa.
Hammer Technologies Holdings Corp. (OTC: HMMR)는 핀테크 및 디지털 뱅킹 확장에 중점을 둔 전략적 이니셔티브를 발표했습니다. 이 회사는 HammerPay라는 선불 카드 송금 플랫폼을 출시했으며, 국경 간 결제를 위한 HammerPay Global Payments를 마무리하고 있습니다.
HammerPay 플랫폼은 자금 사용을 보장하는 선불 디지털 상인 카드 시스템을 특징으로 합니다. 이 회사는 City Builders, BuildEx, Banjoo Superstore 등 여러 아프리카 상인과 파트너십을 체결하여 수령인이 필수 품목을 구매할 수 있도록 하고 있습니다.
다가오는 HammerPay Global Payments 서비스는 FDIC 보험이 적용된 미국 기반 FBO 은행 계좌를 제공하여 지갑이나 직불 카드를 통해 국제 거래를 용이하게 합니다. 이 회사는 또한 운영 투명성을 향상시키기 위해 새로운 재무 보고 시스템을 구현했습니다.
Hammer Technologies Holdings Corp. (OTC: HMMR) a annoncé des initiatives stratégiques axées sur l'expansion du fintech et de la banque numérique. L'entreprise a lancé HammerPay, une plateforme de remises par carte prépayée, et finalise HammerPay Global Payments pour les règlements transfrontaliers.
La plateforme HammerPay propose un système de cartes marchandes numériques prépayées garantissant une utilisation ciblée des fonds. L'entreprise a établi des partenariats avec plusieurs commerçants africains, dont City Builders, BuildEx et Banjoo Superstore, permettant aux destinataires d'acheter des articles essentiels.
Le prochain service HammerPay Global Payments fournira des comptes bancaires FBO basés aux États-Unis avec une assurance FDIC, facilitant les transactions internationales via des portefeuilles ou des cartes de débit. L'entreprise a également mis en œuvre de nouveaux systèmes de reporting financier pour améliorer la transparence opérationnelle.
Hammer Technologies Holdings Corp. (OTC: HMMR) hat strategische Initiativen angekündigt, die sich auf die Expansion im Fintech- und digitalen Bankwesen konzentrieren. Das Unternehmen hat HammerPay ins Leben gerufen, eine Plattform für Überweisungen mit Prepaid-Karten, und finalisiert HammerPay Global Payments für grenzüberschreitende Zahlungen.
Die HammerPay-Plattform bietet ein System für digitale Prepaid-Händlerkarten, das eine gezielte Nutzung der Gelder gewährleistet. Das Unternehmen hat Partnerschaften mit mehreren afrikanischen Händlern, darunter City Builders, BuildEx und Banjoo Superstore, gesichert, die es den Empfängern ermöglichen, wesentliche Artikel zu kaufen.
Der bevorstehende HammerPay Global Payments-Service wird FBO-Bankkonten mit FDIC-Versicherung in den USA bereitstellen und internationale Transaktionen über Geldbörsen oder Debitkarten erleichtern. Das Unternehmen hat zudem neue Finanzberichterstattungssysteme implementiert, um die betriebliche Transparenz zu erhöhen.
- Launch of new HammerPay remittance platform
- Secured multiple merchant partnerships in Africa
- Upcoming launch of Global Payments service with FDIC-insured accounts
- Implementation of advanced financial reporting systems
- None.
New Initiatives Include the Launch of the HammerPay Remittance Platform and the Upcoming HammerPay Global Payments Service for Seamless Cross-Border Settlements
Sarasota, Florida--(Newsfile Corp. - February 25, 2025) - Hammer Technologies Holdings Corp. (OTC: HMMR) ("Hammer Group") is pleased to announce a series of strategic initiatives aimed at reinforcing its operational framework and accelerating growth in its fintech and digital banking segments. As part of its ongoing transformation, the company has introduced innovative financial services designed to deliver enhanced value, security, and efficiency for both merchants and customers globally.
Key Highlights Include:
Revolutionary Remittance Platform:
Hammer Group's state-of-the-art prepaid card remittance platform—HammerPay—is now live and can be located at https://hammerprepay.com/app/install.
Designed as a prepaid digital merchant card, the HammerPay card guarantees that funds are spent as intended, ensuring that senders can reliably support their loved ones while merchants receive funds instantly. This breakthrough addresses common challenges associated with traditional cash remittances.
Aggressive On-Going Merchant Onboarding in Africa:
In support of the HammerPay remittance solution, the company has secured strategic partnerships with leading merchants including City Builders, BuildEx, Banjoo Superstore, Electro World, Digital World, Strong FM, Five Sense, Bella Casa Hotel, A Plus Stores, and Champ Printing House with many more to follow. These partnerships enable recipients to purchase essential items—from building materials and digital educational resources to groceries and clothing—with plans to soon include utilities, mobile phone top-up and fuel services.
"Our success in forging these partnerships is a testament to the dedicated efforts of our African team," said Vaanii Baker, Chief Executive of HammerPay Africa Ventures. "The results achieved so far underscore our commitment to driving financial inclusion and supporting local communities, and we are only just getting started."
Upcoming HammerPay Global Payments Service: https://hammerglobalpay.com/
The Hammer Group is finalizing HammerPay Global Payments, a robust platform that will facilitate secure cross-border payment settlements worldwide. This service enables international merchants as well as the diaspora living abroad to access USA-based "For Beneficial Owner" (FBO) bank accounts via HammerPay wallets or debit cards, with FDIC deposit insurance ensuring added security. It also empowers diaspora residents to execute cross-border wallet-to-wallet transfers, significantly reducing time and costs. The service will include the issue of the new HammerPay debit card to each FBO bank account holder in collaboration with its custodian banking partnerships.
Enhanced Operational Excellence:
Alongside fintech advancements, Hammer Group has implemented advanced financial reporting systems to drive greater transparency and agility across its diversified business centers, further strengthening the company's overall financial performance.
"The Hammer Group is committed to delivering innovative financial solutions that transform digital banking and cross-border transactions," said Michael Cothill, Executive Chairman of the Hammer Group. "Our initiatives-from the HammerPay prepaid card platform to the forthcoming Global Payments service-are set to redefine how funds are managed and transferred globally, driving long-term value for our shareholders and partners."
Looking Ahead:
Hammer Group remains focused on executing strategic investments and organic growth initiatives that will unlock additional shareholder value. The company is also evaluating opportunities to transition developmental initiatives to senior exchanges, ensuring it stays ahead in today's dynamic market environment.
For additional information, reach us at: info@hmmrgroup.com.
About Hammer Technologies Holdings Corp.
Hammer Technologies Holdings Corp. (OTC: HMMR) is a diversified holding company dedicated to building resilient, profitable business centers through strategic investments and innovative fintech solutions. With a strong focus on operational excellence and digital transformation, Hammer continues to redefine the landscape of digital banking and cross-border payments worldwide. For more information contact Investor Relations at info@hmmrgroup.com.
Forward-Looking Statements
This press release contains projections and other forward-looking statements regarding future events or our future financial performance. All statements other than present and historical facts and conditions contained in this release, including any statements regarding our future results of operations and financial positions, business strategy, plans and our objectives for future operations, are forward-looking statements (within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended). These statements are only predictions and reflect our current beliefs and expectations with respect to future events and are based on assumptions and subject to risk and uncertainties and subject to change at any time. We operate in a very competitive and rapidly changing environment. New risks emerge from time to time. Given these risks and uncertainties, you should not place undue reliance on these forward-looking statements. Actual events or results may differ materially from those contained in the projections or forward-looking statements. Forward-looking statements in this release are made pursuant to the safe harbor provisions contained in the Private Securities Litigation Reform Act of 1995.
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FAQ
What new products has Hammer Technologies (HMMR) launched in February 2025?
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