ZoomAway Expands Technology for Use With Fintech
ZoomAway Travel Inc. (TSXV:ZMA)(OTCQB:ZMWYF) announces the creation of a new subsidiary, Zoom Tech Incorporated, aimed at expanding software platforms and technology services. The focus is on diversifying revenue streams within technology markets, particularly in fintech and gaming. The first fintech project, LoanCache, will help consumers compare loan options. CEO Sean Schaeffer highlighted commitment to multiple projects, indicating a strong foundation for future growth.
- Launch of new subsidiary Zoom Tech Incorporated.
- Expansion into fintech and gaming markets.
- Introduction of LoanCache to enhance loan comparison.
- None.
VANCOUVER, BC / ACCESSWIRE / March 30, 2021 / ZoomAway Travel Inc. (TSXV:ZMA)(OTCQB:ZMWYF) (the "Company" or "ZMA") www.zoomaway.com. Under the guidance of its new Board of Directors, who bring decades of experience within various business sectors, the Company is pleased to announce the creation of a new subsidiary, Zoom Tech Incorporated. ZMA has made the commitment to expand and develop new software platforms and services that will diversify its revenue within various technology markets. ZMA's well established payment platforms (see companies like Paysafe® and Square®) and its multitude of existing technological assets have inspired the pursuit of these cross-market opportunities. Zoom Tech will cultivate unique, relevant, and progressive technologies, not only within its core hospitality sector, but within new markets desperate for innovation.
In addition to acquisitions, the Company has several strategic projects underway. We are taking aim at opportunities within the financial technologies, and gaming markets while building upon our hospitality expertise. All of these avenues are expected to become the building blocks upon which these innovative subsidiaries will be built.
As part of this process, the Company has taken its social relevance software and is expanding the core of this technology into a broad range of new products. The first new project fits the Financial Technology (Fintech) sector and is called LoanCache. It is an aggregating website similar to Kayak® and Trivago® or in the loan industry, Lending Tree® and NerdWallet®.
LoanCache will allow consumers to easily find, compare reviews, and apply for a much wider range of loan types than any other sites. In addition, using our "social relevance" toolset, LoanCache will provide customers with the right tools to find legitimate and socially conscious lenders in the signature, title, payday, credit card, and mortgage loan industries. LoanCache will deliver revenues by way of advertising, marketing services and big data.
Company CEO Sean Schaeffer stated, "We are giving equal attention to all of our products. We are excited to have both the funding and the team to pursue multiple projects at the same time. We are working towards providing some exciting presentation materials to our shareholders in the upcoming days and weeks."
For additional information contact: Sean Schaeffer, President, ZoomAway Inc., at 775-691-8860 sean@zoomaway.com or stay up-to-date and sign up for our newsletter.
About Us
ZoomAway, Inc. (Nevada Co.) Zoomaway Travel Inc. is a technology company that is revolutionizing the Hospitality and Travel Industries. We have developed a variety of software solutions that enhance the planning and engagement of everyday tourists. Our flagship project, ZoomedOUT, is a complete modernization and re-imagination of mobile travel apps. In a full 3D environment, we are able to integrate planning, booking, social media, and camaraderie into a tangibly rewarding experience. We are combining Travel, Hospitality, Mobile Gaming and Augmented Reality to change the way users travel into 2020 and beyond. Additional information about ZoomAway Inc. can be found at www.zoomaway.com.
Forward-Looking Statements
This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include regulatory actions, market prices, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates, and opinions of the Company's management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE: ZoomAway Travel Inc.
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FAQ
What is the purpose of Zoom Tech Incorporated under ZMWYF?
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