MIAMI and TORONTO, Feb. 17, 2021 /PRNewswire/ – XTM, Inc. (“XTM” or the “Firm”) (QB: XTMIF) (CSE: PAID), (FSE: 7XT), a Miami and Toronto-based Fintech firm within the neo-banking area, offering cell banking and fee options world wide, is happy to announce it has signed a Letter of Intent (“LOI”) with Harlo Leisure (“HARLO”), certainly one of the biggest hospitality and leisure teams in North America.
Harlo Leisure has in extra of $250M in belongings underneath administration with a give attention to investments within the hospitality, leisure, life-style, and know-how industries. As a part of the phrases of the LOI, XTM will work with Harlo to roll-out its hospitality-focused Right this moment cell app and payout resolution to fulfill the necessities of all of its Harlo Leisure properties http://www.harloentertainment.com/investments/.
“We look ahead to working with this modern fintech firm XTM, to supply our staff with instantaneous entry to their earnings with a free and stylish person expertise,” commented Mike Kimel, Chairman and Co-Founder, Harlo Leisure. “The hard-working staff of our firms are the life blood of our enterprise. We’re dedicated to empowering them with instruments that create a good work surroundings and monetary inclusion for the good thing about all.”
“Harlo Leisure represents top-shelf manufacturers that we’re thrilled so as to add to our rising buyer base,” mentioned Marilyn Schaffer, CEO. “It is a strategic partnership for a lot of causes; one that may develop into a major alternative for XTM. We imagine we will ship great worth to the Harlo workforce and we’re additional dedicated to serving-up some fast wins that may present worth additions for all.”
About XTM Inc.
XTM, www.xtminc.com is a Miami and Toronto-based fintech innovator within the neo-banking area serving to enterprise and employees alike expedite earnings payout and eradicate banking charges. We’re a world card issuer and real-time fee specialist offering our know-how to companies to automate and expedite employee payouts that may additionally eradicate money. XTM integrates companies to a fee ecosystem that’s coupled with a free cell app and a Visa or Mastercard debit card with free banking options. XTM drives enterprise worth and creates a constructive person expertise.
About Harlo Leisure
Harlo Leisure is a North American funding group centered on the hospitality, leisure, life-style, and know-how industries. We leverage our experience; we actively help and give attention to the expansion of all our investments from the bottom up. We take a value-oriented method to investing and have a transparent give attention to operational enhancements to drive efficiency and progress. Notable ventures embody co-founding Chase Hospitality Group (CHG), a globally acknowledged model, answerable for creating main culinary locations, together with their flagship award-winning restaurant, The Chase. In addition to taking part in a key function within the growth and success of Miami landmarks Komodo, Swan and Papi Steak.
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This information launch comprises “forward-looking info” and “forward-looking statements” throughout the that means of relevant securities legal guidelines (the “forward-looking statements”), throughout the that means of relevant Canadian securities laws, together with anticipated efficiency of XTM, the expectation that companies with which XTM does enterprise or have dedicated to do enterprise will within the anticipated timeline, the persevering with development towards digital fee strategies, that the integrations will appeal to new enterprise house owners to make use of the Right this moment program, and the overall circumstances and revenues of XTM. Ahead-looking statements are statements that aren’t historic details and are typically, though not at all times, recognized by phrases reminiscent of “count on”, “plan”, “anticipate”, “undertaking”, “goal”, “potential”, “schedule”, “forecast”, “funds”, “estimate”, “intend” or “imagine” and related expressions or their destructive connotations, or that occasions or circumstances “will”, “would”, “could”, “might”, “ought to” or “would possibly” happen. Whereas XTM could make greatest efforts to estimate when companies will re-open or again to pre-Covid 19 enterprise ranges there are not any ensures it will occur within the time the Firm expects or if in any respect. All such forward-looking statements are based mostly on the opinions and estimates of administration as of the date such statements are made. These forward-looking statements are made as of the date of this information launch. Readers are cautioned to not place undue reliance on forward-looking statements, as there could be no assurance that the long run circumstances, outcomes or outcomes anticipated in or implied by such forward-looking statements will happen or that plans, intentions or expectations upon which the forward-looking statements are based mostly will happen.
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SOURCE XTM Inc.