XTM INC - XTMIF STOCK NEWS

XTM, Inc. (OTCQB: XTMIF) reported a remarkable 56.5% increase in Q2 2021 revenue, reaching $399,618 compared to Q1. This growth is attributed to the reopening of outdoor dining in Canada, leading to a significant rise in Gross Dollar Value (GDV) loads, which soared 116% from the previous quarter. The company onboarded 169 new restaurants across Canada and expanded its digital payout solutions into the US market. Notable future collaborations include a joint venture with RASI and the acquisition of TipRoll for enhancing gratuity management.

XTM, a fintech company based in Miami and Toronto, is hosting a live Shareholder Update Call on July 27, 2021, at 11:00 AM EST. The call will feature CEO Marilyn Schaffer, who will provide a corporate update and address pre-submitted questions from shareholders. XTM operates the Tipstoday™ app and debit card, offering cashless solutions for gratuities and earnings in the hospitality sector across Canada and the U.S. Investors are encouraged to pre-register and submit questions via email.

XTM, a fintech company based in Miami and Toronto, announced its Tipstoday™ mobile app and card solution will be implemented at BMO Field when Toronto FC resumes play this weekend. The cashless program aims to facilitate gratuity payouts and earnings for staff while enhancing health and safety protocols. Initially welcoming 7,000 fans, BMO Field will increase capacity to 15,000 on July 21. XTM's Today platform will support a contactless experience, pivotal for compliance during events.

XTM, a Miami and Toronto-based fintech company, has successfully acquired Tiproll, a gratuity-pooling software, to integrate with its Today platform. The acquisition aims to simplify tip distribution for hospitality businesses by eliminating manual calculations. The Tiproll integration is expected to be completed by the end of August 2021, offering a free service to current and new clients via a tiered subscription model. As the hospitality sector recovers, XTM focuses on providing innovative, compliant, and no-cost solutions for service workers and employers, enhancing operational efficiency.

XTM, Inc. (OTCQB: XTMIF) has partnered with The Fifteen Group, a prominent North American hospitality consultancy, to enhance operational efficiency in the restaurant sector with its Tipstoday™ early gratuity access payout solution. This collaboration aims to leverage digital tools to optimize gratuity management, thereby improving employee satisfaction and operational profitability. Additionally, XTM announced the issuance of 525,000 restricted share units (RSUs) to external board members and strategic partners as part of its compensation plan, effective July 7, 2021.

XTM, a fintech company focused on mobile banking solutions, has partnered with Denny's Canada to implement its Today™ mobile app and prepaid card for gratuity payouts. This strategy allows Denny's employees to receive their tips quickly and directly, enhancing employee satisfaction without costs to the restaurant. XTM's solution is designed for the hospitality sector and is used widely across Canada and the U.S. Additionally, XTM issued 304,054 Restricted Share Units (RSUs) to key employees as part of its incentive plan, aligning management interests with shareholder value.

XTM, Inc. (OTCQB: XTMIF), a fintech company based in Miami and Toronto, has integrated its Today™ Mobile app with Lightspeed (TSX: LSPD), enhancing electronic wage access for employees of Lightspeed's merchants. This integration allows for seamless instant payout of employee wages and gratuities, eliminating fees and improving cash flow for businesses. CEO Marilyn Schaffer highlighted potential growth with top-tier golf courses expressing interest in the service. This collaboration aims to simplify the payroll process for businesses in the retail and hospitality sectors.

XTM, Inc. (OTCQB: XTMIF) announces the appointment of Jason Giagrande as Head of Business Strategy for the U.S. market, aiming to support its growth in the neo-banking sector. Giagrande has extensive experience, managing over $3 billion in food and beverage revenues. Additionally, Dan Tyler has been promoted to CFO, effective June 1, 2021, with Olga Balanovskaya assisting during the transition. CEO Marilyn Schaffer expressed excitement about Giagrande's role in enhancing XTM's Today™ solution across the U.S.

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.