Xtm Inc - XTMIF STOCK NEWS

XTM, a fintech company focused on neo-banking and payment solutions, reported significant increases in user numbers due to the reopening of restaurants in British Columbia. The growth is linked to the resurgence of outdoor and indoor dining, with hundreds of locations onboarded and tens of thousands of active users. CEO Marilyn Schaffer expressed optimism about the recovery of service industries, highlighting a positive outlook for continued growth. XTM aims to enhance earnings payouts and reduce banking fees while servicing prominent hospitality brands across Canada and the U.S.

XTM, Inc. (OTCQB: XTMIF) has appointed Randy Khalaf to its Board of Directors as Chair of the Audit Committee. Khalaf, currently CFO at Novus International, brings over 20 years of financial leadership experience. CEO Marilyn Schaffer welcomed Khalaf, highlighting his expertise as critical for navigating XTM’s US expansion and growth strategy. Additionally, Paul Haber has resigned from the board. XTM specializes in mobile banking and payment solutions, aiming to eliminate fees and expedite payouts for businesses.

XTM, Inc. announced the full U.S. rollout of its Today™ instant mobile employee payout solution, coinciding with many states lifting COVID-19 restrictions. The company has integrated its service with various restaurants and POS platforms, onboarding active users ahead of the launch. Key markets include Florida, Texas, New York, and Nevada. XTM will also announce new executive hires and board expansions to support U.S. operations. CEO Marilyn Schaffer expressed optimism about post-pandemic spending, likening it to the Roaring 20s.

XTM Inc. (OTCQB: XTMIF) has announced that several Pizza Hut franchisees will utilize its Today Mobile App for same-day driver payment solutions. The partnership aims to address the growing need for instant access to wages in the food delivery sector, as cash transactions decline. According to Nelson Wong from Marble Restaurants, XTM's fintech solution provides an efficient and cost-free way to handle payouts. CEO Marilyn Schaffer emphasized the integration with Pizza Hut's point-of-sale system as a key example of XTM's scalable business model, enhancing operational efficiency for franchisees.

XTM, Inc. (CSE: PAID, QB: XTMIF) announced a delay in filing its annual audited financial statements for the fiscal year ended December 31, 2020, due to unforeseen administrative and audit delays linked to COVID-19 shutdowns in Ontario. The company plans to submit these financial statements on May 4, 2021, after trading hours on the Canadian Securities Exchange. XTM specializes in fintech solutions for expedited earnings payouts and offers a mobile app and debit card services.

XTM Inc. (CSE: PAID, OTCQB: XTMIF, FSE: 7XT), a fintech company based in Miami and Toronto, will present live at VirtualInvestorConferences.com on April 15 at 2:00 PM ET. This event allows investors to engage via real-time questions, with an archived webcast available post-event. Recent highlights include U.S. rollouts, partnerships with major brands, and cryptocurrency trading features in their Today™ Wallet. XTM focuses on mobile banking solutions and eliminating banking fees for businesses and workers.

XTM has announced the rollout of its Today™ card and mobile app to Glowbal Restaurants Group (GRG), enhancing employee payout solutions across GRG's renowned restaurants. This fintech solution aims to eliminate cash transactions by providing staff with instant access to gratuity earnings at the end of each shift. Employees can utilize the Today card for various transactions, including online purchases and bill payments. The implementation offers administrative control over earnings disbursement at GRG locations, aligning with compliance and stability standards.

XTM, Inc. (OTCQB: XTMIF) has partnered with CurrencyWorks to allow Today Mobile Wallet users access to an NFT platform starting in Q2 2021. This collaboration aims to enhance user experience by providing features such as NFT design, copyright registration, and exclusive content. CurrencyWorks is recognized as a leader in NFT innovation, notably collaborating with Barrett Jackson for unique car collector NFTs. XTM's CEO highlighted the increasing demand from subscribers for NFT access, indicating a strategic move to broaden their service offerings in the fintech and neo-banking sectors.

XTM, Inc. (QB: XTMIF), a fintech firm in the neo-banking sector, announces the adoption of its Today™ Mobile App and Prepaid Card by Boston Pizza's MacEachern Group franchisee. This initiative aims to eliminate cash handling in restaurants, enhancing food service efficiency. Employees gain immediate access to earned gratuities for various transactions. XTM's solution streamlines payroll management with an automated administration portal, emphasizing the organization's adaptive business strategies in response to current challenges.