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Mobilum Technologies Inc. announced its participation in the Lytham Partners Winter 2021 Investor Conference, scheduled for December 13-16, 2021. The company will engage in a webcasted Fireside Chat on December 13 at 11:00 am ET, outlining its vision for 2022. Shareholders and potential investors are invited to register for 1x1 meetings with management through Lytham Partners. Mobilum aims to enhance digital payments and asset management, operating internationally with offices in Canada, Hong Kong, Poland, and Estonia.
Mobilum Technologies Inc. has announced the integration of its fiat-to-crypto on-ramp widget on the BTSE exchange and JoomAce platforms. This integration allows users to securely purchase digital assets using credit cards or over 20 cryptocurrencies and fiat currencies. The company reported onboarding over 74,321 new users following a prior contract, aiming to onboard up to 600,000 customers. CEO Wojciech Kaszycki emphasized the goal of bridging traditional finance with the digital economy, while BTSE's COO highlighted enhanced convenience for users with credit card top-ups.
Mobilum Technologies Inc. has secured a partnership with Wyre, a leading fiat-to-crypto payment infrastructure firm. This agreement enables Mobilum to access Wyre's ACH payment rails, providing it the capability to process transactions for US clients. The company anticipates completing integration by Q1 2022. Additionally, Mobilum has upgraded its on-ramp payment platform, integrating over 200 acquirers for improved fraud detection and higher transaction approval rates. This partnership positions Mobilum to enter one of the largest crypto markets globally, enhancing its service capabilities.
Mobilum Technologies Inc. has launched its updated Over-the-Counter (OTC) trading desk, generating approximately CAD $20 million in transaction volume. The desk caters to high net-worth individuals and institutions executing large-volume cryptocurrency orders exceeding $50,000, providing access to a deep liquidity pool and competitive rates. Key features include a variety of crypto assets, fast settlements, and no deposit/withdrawal fees, enhancing the trading experience. Mobilum's international reach positions it effectively for servicing the global Bitcoin market.
Mobilum Technologies Inc. has appointed Michael Vogel as CEO and Wojciech Kaszycki as President, effective immediately. Vogel, a notable figure in the Bitcoin industry, previously founded Netcoins and has extensive experience in scaling tech startups. Kaszycki brings over 24 years in eCommerce innovation. Both executives plan to leverage their backgrounds to enhance Mobilum's position in the crypto and fintech sectors, focusing on digital payment solutions. Peter Green remains as Chairman. These leadership changes are anticipated to drive future growth.
Mobilum Technologies Inc. has launched a crypto-to-fiat off-ramp product, enhancing its digital payment services. This product allows users to convert digital assets to fiat via gift cards and debit/credit cards in over 80 countries, providing a fee-free option with over 2,000 retail brands. The CEO, Wojciech Kaszycki, highlighted that this service opens significant revenue streams. Additionally, Mobilum's subsidiary, XPort Digital Limited, has signed a Memorandum of Understanding with PhyloPay to integrate crypto payment solutions into their system.
Mobilum Technologies Inc. has successfully integrated its hosted fiat-to-crypto on-ramp and beta off-ramp solution with the Polygon ecosystem. This collaboration enables users to purchase cryptocurrencies directly with credit cards, eliminating the need for an account on exchanges. The dual-protocol service supports MATIC and ETH, with plans for a microtransaction off-ramp for gift cards in over 80 countries. This initiative aims to enhance accessibility for underbanked populations and bolster Mobilum's mission of bridging traditional finance with the digital economy.
Mobilum Technologies Inc. (CSE: MBLM, OTC: MBLMF) announced the beta launch of its proprietary automated high-frequency trading multi-market engine aimed at smart cryptocurrency trading. The engine utilizes quantitative data for rapid trading of cryptocurrencies across multiple exchanges. Piotr Majka has been appointed as Chief Trading Officer to oversee and optimize trading operations. Mobilum aims to leverage this technology to capitalize on the inherent volatility and arbitrage opportunities within the cryptocurrency market, marking a strategic move as a public entity in this sector.
Mobilum Technologies Inc. reported a record Total Transaction Volume (TTV) of approximately CAD $7.7 million in August 2021, marking a 44% increase from July. The company attributes this success to the execution of its growth strategy and anticipates further growth with the launch of new services, including BuyBitFast.com, a fiat-to-crypto on-ramp platform. This platform allows users to purchase cryptocurrencies quickly without account creation, offering competitive rates. Mobilum also introduced a customizable white-label widget aimed at NFT marketplaces to enhance service offerings.
Mobilum Technologies Inc. has partnered with BTSE Holdings Limited to provide fiat-to-crypto on-ramp services on BTSE's trading platform. This collaboration allows users to purchase digital assets instantly and securely using credit cards or over 20 fiat and digital currencies. Mobilum's services will be fully compliant with FINTRAC regulations, enhancing accessibility in the digital finance space. The integration will first target BTSE's spot exchange, with plans to extend to the futures market and other white-label exchanges powered by BTSE.
