Xalles Drives Fintech Innovation
Xalles Holdings Inc. (OTC: XALL) outlines its 2021 growth strategy through three subsidiaries: Xalles Capital, Gateway Innovations, and Xalles Limited. Xalles Capital focuses on cryptocurrency trading, aiming to provide institutional clients access to proprietary trading strategies. Gateway Innovations plans to develop the Ghana Cyber City project, a first-of-its-kind fintech center in West Africa. Xalles Limited is launching the Xalles Fintech Studio to support emerging fintech start-ups by offering resources without upfront costs. The company emphasizes innovation and aims to enhance shareholder value.
- Xalles Capital has generated repeatable incremental revenue through its cryptocurrency business model.
- Gateway Innovations is spearheading the Ghana Cyber City project, enhancing business productivity with advanced infrastructure.
- The Xalles Fintech Studio aims to support start-ups, potentially growing into a significant revenue-generating entity.
- None.
Xalles Holdings Highlights 3 of Its Current Subsidiaries’ Efforts to Implement Innovative Business Models
WASHINGTON, DC, March 04, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire – Xalles Holdings Inc. (OTC: XALL), a fintech holding company providing technology and financial services solutions, announces its 2021 expectations to grow revenues with a focus on innovation. Xalles Holdings highlights the innovations currently underway within Xalles Capital, Gateway Innovations and Xalles Limited, all subsidiaries that can yield short and long-term value for its shareholders.
Currently, Xalles Holdings has its Xalles Capital subsidiary for cryptocurrency trading and asset appreciation. The business model for operating entity Vigor Crypto Holdings involves generating revenue through profitable cryptocurrency trades and accumulation of long-term positions in selected cryptocurrencies. “Vigor has already proven their innovative business model and generated repeatable incremental revenue for the company. Our plan is to offer institutional clients access to our proprietary cryptocurrency strategies implemented through trading engines to capture meaningful profits for customers,” stated Xalles Holdings CEO Thomas Nash.
Xalles Holdings is bringing its fintech expertise to Africa. Through its subsidiary, Gateway Innovations, Xalles Holdings aims to maximize the productivity of businesses by developing “smart city” solutions beginning with the Ghana Cyber City project. The first of its kind in West Africa, the GCC Fintech Center is comprised of intelligent leasing workspaces, resources and technological infrastructure to incubate and accelerate new fintech and other ventures, a high-tech campus of business colleges, and a top-tier data center. A master plan, site plan, and financing plan have already been drafted.
For businesses that are not yet mature enough to meet Xalles’ acquisition criteria, Xalles Limited is creating the Xalles Fintech Studio. Scheduled to be launched this year, the Fintech Studio is uniquely positioned to support the needs of emerging fintech start-ups during this current and post-Covid19 era. If admitted into the program, fintech start-ups have access to education, networking, capital access, business development and shared services resources wherever they may be located. Xalles expects the Fintech Studio to grow and eventually become its own corporate entity, but in the short term, it will be launched as a business unit within Xalles Limited. This business unit will grow revenue and assets through the program while not requiring small businesses to pay for services up front. Xalles Limited will be announcing details of the new program’s leadership team and program participant qualifications in Q2 of 2021.
About Xalles Holdings Inc. (OTC: XALL)
Xalles Holdings Inc. is a holding company that focuses on direct investments in disruptive fintech companies. The company actively seeks acquisition targets in which it can invest and accelerate growth, targeting companies with solid management teams and business models, large total attainable markets (TAM), and lucrative exit opportunities. The company places emphasis on leveraging blockchain technologies to provide industry-leading financial reconciliation and auditing solutions, which, over time, will allow for the capture of recurring revenue streams. For more information visit: http://Xalles.com
Forward-Looking Statements Disclaimer:
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, you can identify forward-looking statements by the following words: "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "ongoing," "plan," "potential," "predict," "project," "should," "will," "would," or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. Forward-looking statements are not a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Forward-looking statements are based on information available at the time the statements are made and involve known and unknown risks, uncertainty and other factors that may cause our results, levels of activity, performance or achievements to be materially different from the information expressed or implied by the forward-looking statements in this press release. This press release should be considered in light of all filings of the Company that are contained in the Edgar Archives of the Securities and Exchange Commission at www.sec.gov and in OTC Markets at www.otcmarkets.com
Investor Relations Contact:
info@xalles.com
www.xalles.com
202.595.1299 Office
FAQ
What is Xalles Holdings' growth strategy for 2021?
How does Xalles Capital plan to generate revenue?
What is the Ghana Cyber City project initiated by Gateway Innovations?
What services will the Xalles Fintech Studio provide?
What is the stock symbol for Xalles Holdings?
