UPAY Inc. Appoints Randall F. Greene as Director and Chief Operations Officer

Rhea-AI Summary

UPAY Inc. (OTCQB: UPYY) announced the appointment of Randall F. Greene as Director and Chief Operations Officer. With extensive experience in business development and banking, Greene is expected to enhance UPAY's growth and market share.

CEO Jaco Folscher expressed enthusiasm about Greene's leadership skills and banking background, which are deemed vital for UPAY's innovation and growth in the fintech sector. Greene, also CEO of A-Game Beverages and involved with governmental entities, has made a personal investment in UPAY, reflecting his confidence in the company's future.

Trading on OTCQB since June 2021, UPAY aims to leverage compliance and quality standards to boost investor trust and market visibility.

Positive

• Appointment of Randall F. Greene as COO expected to enhance operations and growth.
• Greene's background in banking and leadership will provide valuable insights.
• Personal financial investment by Greene indicates confidence in UPAY's future.

Negative

• Concerns about continuity and experience gaps in leadership following the management change.

DALLAS, April 12, 2023 (GLOBE NEWSWIRE) -- UPAY Inc. (“UPAY” or the “Company”) (OTCQB: UPYY), a leading fintech company, is excited to announce the appointment of Randall F. Greene as Director and Chief Operations Officer. With his extensive experience in business development, banking and government entities, Randall F. Greene will bring valuable insights to UPAY's operations and play a critical role in enhancing the Company's growth and expanding its market share.

"We are thrilled to welcome Randall F. Greene to the UPAY team," said Jaco Folscher, CEO of UPAY Inc. "His extensive experience, combined with his strong leadership skills and his banking background, will be invaluable as we continue to grow and innovate in the fintech industry."

Randall Greene currently serves the Chief Executive Officer/ Director of A-Game Beverages, Inc. and the Chief Executive Officer of Stahl Faust Immobilien, LLC, a real estate development company. He has also served as the Chairman of Bella Collina Community Development District, Bonnet Creek Resorts Community Development District, and Westwood Orange County Convention Center Community Development District, all of which are governmental entities.

"I am thrilled to have joined the team at UPAY Inc. and look forward to contributing to the Company's continued success. In addition to my professional commitment, I have also made a personal financial investment in UPAY Inc., which demonstrates my confidence in the Company's future growth and success," said Randall F. Greene. "UPAY's commitment to innovation has positioned the Company as a leader in the fintech industry and I look forward to contributing to its growth, expansion and success."

UPAY started trading on OTCQB on at 06/2021 under the symbol “UPYY” and investors can find quotes for the Corporation's common shares on the OTC Markets website.

The OTCQB is a U.S. trading platform operated by the OTC Markets Group and is the leading marketplace for early-stage and developing U.S. and international companies. The elevated compliance and quality standards required of OTCQB-listed companies provide investors with increased confidence in the companies in which they invest and are anticipated to provide the Company with improved visibility in the U.S. markets. Investors can find real-time Level 2 quotes and market information on the OTC Markets website.

About UPAY
UPAY is a publicly traded holding company that stands at the forefront of the fintech industry. By investing in innovative technologies that enhance our clients’ access to information and decision-making tools, we provide our users with unrivalled Financial Software Platforms that produce full system automation, exciting new technologies and an unparalleled user experience. Through the use of intelligent data, we also connect our clients and consumers to one another through robust technologies within a rapidly evolving industry, ensuring maximum engagement and substantial reward. For more information, please visit us at www.upaytechnology.com  and follow us on LinkedIn and Facebook.

Forward-Looking Statements
This news release may contain “forward-looking statements” within the meaning of applicable securities laws. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties, and contingencies. These statements generally can be identified by the use of forward-looking words such as “may”, “should”, “will”, “could”, “intend”, “estimate”, “plan”, “anticipate”, “expect”, “believe” or “continue”, or the negative thereof or similar variations. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause future results, performance or achievements to be materially different from the estimated future results, performance or achievements expressed or implied by those forward-looking statements and the forward-looking statements are not guarantees of future performance. The Company’s statements expressed or implied by these forward-looking statements are subject to a number of risks, uncertainties, and conditions, many of which are outside of the Company’s s control, and undue reliance should not be placed on such statements. Forward-looking statements are qualified in their entirety by the inherent risks and uncertainties surrounding the Company’s activities, including: that the Company’s assumptions in making forward-looking statements may prove to be incorrect; general adverse market conditions and competition; the inability to finance operations and/or obtain any future strategic investment necessary to implement new technologies; the inability to build a sustainable, conscientious company with a stronger presence online through new products; the inability to obtain, or maintain, license(s); and that market conditions related to the COVID-19 pandemic may negatively affect the outcome of the business or operations of the Company, including its results and financial condition. No information in this press release should be construed as any indication whatsoever of UPAY’s future revenues, results of operations or stock price. Except as required by securities law, the Company does not assume any obligation to update or revise any forward-looking statements, whether as a result of new information, events or otherwise.

CONTACT INFORMATION
UPAY INC.
Media Relations
info@upaytechnology.com

FAQ

Who is Randall F. Greene and what is his role at UPAY?

Randall F. Greene has been appointed Director and Chief Operations Officer of UPAY Inc., bringing extensive experience in business development and banking.

What impact will Randall F. Greene's appointment have on UPAY?

Greene's appointment is expected to enhance UPAY's growth and market share, leveraging his leadership skills and banking experience.

When did UPAY start trading on OTCQB?

UPAY started trading on the OTCQB under the symbol UPYY in June 2021.

What does UPAY Inc. focus on?

UPAY is a fintech company focusing on innovative technologies that enhance clients' access to financial information and decision-making tools.

How does Randall F. Greene's investment affect UPAY?

Greene's personal financial investment in UPAY demonstrates his confidence in the company's future growth and success.