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XTM INC - XTMIF STOCK NEWS

Welcome to our dedicated page for XTM news (Ticker: XTMIF), a resource for investors and traders seeking the latest updates and insights on XTM stock.

XTM Inc (XTMIF) is a leading technology company specializing in innovative payment solutions. They provide a seamless and secure platform for digital transactions, catering to a global customer base. With a strong focus on customer satisfaction and technological advancement, XTM Inc is committed to revolutionizing the payment industry. Their cutting-edge products and strategic partnerships set them apart in the competitive market.

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XTM, Inc. announced a non-brokered private placement offering for up to $5 million of convertible debentures, receiving $1,150,000 from a strategic investor and additional Subscription Agreements. The company also signed a $3,000,000 licensing agreement for Earned Wage Access from a US entity. With operational funding in place, XTM aims to be among the top three EWA providers globally, with a focus on the HCM and Payroll space.
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XTM, Inc. (XTMIF / PAID / 7XT) introduces AnyDay™ brand through QRails acquisition, replacing Today and Tipstoday brands. The official roll out of SAP-certified Earned Wage Access solution in Canada aims to provide financial flexibility to thousands of workers. The acquisition of QRails has led to a 328% YOY increase in revenue for EWA in the U.S. AnyDay's solution addresses financial challenges faced by employees and offers flexibility and control over pay cycles. XTM plans to onboard hundreds of thousands of active employees in 2024.
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XTM Inc. (CSE:PAID; QB: XTMIF; FSE:7XT) announces the revision of its non-brokered private placement offering, aiming to raise up to US$5,000,000. The terms have been modified to issue convertible debentures in the principal amount of US$1,000 at a rate of 12% per annum, due 24 months after issuance. Each debenture is convertible into units of the company at a price of US$0.11 per unit, entitling the holder to one common share and one warrant to purchase a common share. The net proceeds will be used for general corporate and working capital purposes.
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XTM Inc. (CSE:PAID; QB: XTMIF; FSE:7XT) announces a non-brokered private placement offering for up to US$5,000,000. Each Unit will consist of a secured convertible debenture and 1,000 warrants, with the net proceeds intended for capital expenditures and general corporate and working capital purposes.
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XTM, Inc. (XTMIF / PAID / 7XT) has seen a 328% increase in US revenue, a 251% increase in EWA opt-ins, and its strongest revenue quarter ever. The acquisition of QRails Inc. has accelerated XTM's traction in the US market, positioning the company to compete with the top three EWA providers globally. Gross dollar value loads on the platform grew by $10M from the previous quarter, and revenue for Q3 2023 was the strongest since the company's inception. However, the net loss for the quarter was $5.0MM compared to a net loss of $1.8MM for Q3 2022.
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XTM Inc., a fintech company, provides an update on its QRails acquisition and financing. XTM closed the acquisition in August 2023, making it the first provider globally to offer Earned Wage Access (EWA) via its own tech stack. The acquisition presents both opportunities and risks for the company. XTM is currently raising operating capital to become cash-flow positive.
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XTM Inc. secures Earned Wage Access compliance certification in Missouri
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XTM launches a new code of practice for Earned Wage Access (EWA) in the UK, benefiting millions of workers.
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XTM Inc. secures financing of up to $90M to support the implementation of its AnyDay™ EWA platform, targeting Fortune 100 clients and anticipating growth until 2024.
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FAQ

What is the current stock price of XTM (XTMIF)?

The current stock price of XTM (XTMIF) is $0.0491 as of January 3, 2025.

What is the market cap of XTM (XTMIF)?

The market cap of XTM (XTMIF) is approximately 11.0M.

What does XTM Inc specialize in?

XTM Inc specializes in innovative payment solutions and digital transactions.

Who is XTM Inc's target customer base?

XTM Inc caters to a global customer base seeking secure and seamless payment experiences.

What sets XTM Inc apart in the market?

XTM Inc stands out with its cutting-edge products, commitment to customer satisfaction, and strategic partnerships.

What is XTM Inc's commitment to technological advancement?

XTM Inc is dedicated to revolutionizing the payment industry through technological innovation.

How does XTM Inc ensure secure transactions?

XTM Inc provides a secure platform for digital transactions, prioritizing customer data protection.

How does XTM Inc prioritize customer satisfaction?

XTM Inc prioritizes customer satisfaction by offering seamless payment solutions and excellent service.

What global reach does XTM Inc have?

XTM Inc caters to a diverse and global customer base, expanding its presence in various markets.

What are some recent achievements of XTM Inc?

XTM Inc has achieved significant milestones in the payment industry, earning recognition for its innovative solutions.

How does XTM Inc maintain its competitive edge?

XTM Inc stays ahead in the market through continuous innovation, strategic partnerships, and a focus on customer needs.

What can investors expect from XTM Inc?

Investors can expect growth and potential returns from investing in XTM Inc, a company at the forefront of payment technology.
XTM INC

OTC:XTMIF

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XTMIF Stock Data

10.98M
210.58M
0.2%
Information Technology Services
Technology
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United States of America
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