Welcome to our dedicated page for XALLES HOLDINGS news (Ticker: XALL), a resource for investors and traders seeking the latest updates and insights on XALLES HOLDINGS stock.
Xalles Holdings Inc. (XALL) is a fintech accelerator specializing in payments, acquiring companies and strategic partners to drive new revenue and asset appreciation in the financial technology and payment industry. Their core business involves setting up payment or transaction toll gates to create recurring revenue streams. They focus on business and government-oriented payment transactions and financial reconciliation with a new solution combining blockchain decentralized financial ledger platform with their existing X2X transaction reconciliation system design. Their primary service offerings include pre-payment & post-payment auditing (PPA), investment & financing system (IFS), and financial transaction reconciliation (FTR). Xalles Holdings Inc. is headquartered in Washington, DC.
Xalles Holdings Inc. (OTC: XALL) has reported significant advancements in its AI initiatives through its subsidiary, AI Growth Hub, since its acquisition in July 2022. AI Growth Hub has introduced three core services: AI Appointment Setting, AI Advertising Audiences, and AI Consulting Services, focusing on cost-saving solutions utilizing AI Machine Learning. Clients have experienced over 30% improvements in Return on Ad Spend (ROAS). Xalles plans to further invest in AI Growth Hub and expand its AI service offerings while exploring additional acquisition opportunities in the AI sector, aiming for increased investor awareness and growth.
Xalles Holdings (OTC: XALL) has announced significant operational streamlining and positive financial results for 2022. The company reported record revenues of $5.9 million and a net profit of approximately $1.1 million, achieving over double the profits from Q3. Organizational changes include the divestment of Private Loyalty Club Inc. and Vigor Crypto Holdings, LLC, along with making GioBot Inc. inactive, focusing instead on more lucrative subsidiaries. The management is optimistic about growth in 2023, aiming for recurring revenue streams from payment systems and AI solutions.
Xalles Holdings Inc. (OTC: XALL) has announced the second group of companies participating in its Xalles Studio Innovation Program aimed at supporting early-stage technology ventures. The selected companies include Loyalty Superstore, Wishes, AI Growth HUB, Blue Power Systems, FinLocker, and Private Loyalty Club, focusing on sectors like eCommerce, AI, and EnergyTech. The program offers mentorship, networking, and access to capital, with the goal of guiding these firms towards their next significant financial transactions.
Xalles Holdings Inc. (OTC: XALL) announced plans to acquire Private Loyalty Club Inc. (PLC) in a share exchange agreement, making PLC a wholly owned subsidiary. PLC, based in Tampa, has a 16-year legacy in serving restaurants through its Private Wine Club and has recently introduced Private Beauty Clubs. The acquisition aims to leverage Xalles technology to enhance PLC's revenue and market footprint. The transaction is projected to complete by July 31, 2022, and is expected to bolster Xalles' consumer shopping service offerings.
Xalles Holdings Inc. (OTC: XALL) announced its acquisition of AIgrowthHUB, a firm specializing in customer acquisition and experience enhancement, through a share exchange agreement. AIgrowthHUB will operate as a wholly owned subsidiary under Xalles Technology. Expected to contribute approximately $7 million in revenue within the next year, the acquisition aligns with Xalles's strategy to capitalize on the growing artificial intelligence market, projected to reach $1.8 trillion by 2030.
Xalles Holdings Inc. (OTC: XALL) has partnered with Xped Holdings to customize the Shomei Payment Platform for its subsidiary, Global Savings Network Inc. (GSN). This collaboration aims to launch a new payment solution that facilitates real-time payments for local not-for-profit organizations. Consumers will benefit from mobile in-store payments offering discounts and cashback. The GSN platform is set to relaunch by October 2022, enhancing user experience by integrating NFC virtual cards and supporting cryptocurrency transactions.
Xalles Holdings Inc. (OTC: XALL) announces a partnership between Xalles Studio and the Institute for the Global Entrepreneur at UC San Diego to enhance tech startup acceleration. Launched in 2021, Xalles Studio focuses on aiding early-stage technology companies reach their financial goals. This collaboration aims to leverage UC San Diego’s innovative resources and networks to support startups in diverse sectors, including medical and clean technologies. The partnership includes funding opportunities for IGE startups, broadening Xalles Studio's potential impact in the fintech landscape.
Xalles Holdings Inc. (OTC: XALL) has announced a strategic partnership with Salesmaster ai to leverage artificial intelligence (AI) tools aimed at enhancing sales and marketing for clients in the financial services sector. This collaboration will enable Xalles to offer innovative AI-driven solutions for digital advertising and lead generation, utilizing a cookie-less approach. Both companies aim to optimize operational processes and support growth through AI technology, aligning their goals for future developments in the fintech ecosystem.
Xalles Holdings Inc. (OTC: XALL) aims to expand its footprint in the NFT and cryptocurrency sectors through its subsidiary, Vigor Crypto Holdings. The company plans to analyze trading bots and evaluate NFTs as long-term investments, potentially generating new revenue streams. CEO Thomas Nash emphasized the importance of optimizing fintech innovations. Xalles seeks to leverage blockchain technologies to capture recurring revenue and accelerate market growth. These initiatives complement their joint venture with GioBot to create advanced trading systems.
Xalles Holdings Inc. (OTC: XALL) filed Form 1-A with the SEC for a Tier I Regulation A+ offering to raise up to $10 million at $0.025 per share. The funds will be used to finance existing companies, pay off debts, and support acquisitions. This initiative aims to facilitate Xalles' transition to fully SEC reporting status and to apply for uplisting to the OTCQB. Xalles focuses on acquiring fintech companies and leveraging blockchain technologies for growth and recurring revenue streams.
FAQ
What is the current stock price of XALLES HOLDINGS (XALL)?
What is the market cap of XALLES HOLDINGS (XALL)?
What is Xalles Holdings Inc. focused on?
Where is Xalles Holdings Inc. headquartered?
What are the primary service offerings of Xalles Holdings Inc.?
