June 14, 2021 – Toronto, Ontario – Newt Corporation (“Newt” or the “Company”) is
pleased to announce the signing of an agreement with Prontipagos for resale of Digital
Products at Newt’s kiosks. The Agreement will allow the addition of Digital Pins on a
prepaid basis, such as Google Play, Spotify, Netflix, and many others to be deployed and
resold at Newt’s network of kiosks in Mexico.
Prontipagos will provide a variety of electronic prepaid products to service all Newt’s
kiosks in Mexico. This integration will open the possibility to widen the range of products
and services offered at Newt’s kiosks, with the goal of attracting more customers and
increasing the number of digital transactions, and will add digital products from major
companies like Amazon, Google Play, Netflix, XBOX, PlayStation, Nintendo Blizzard,
Fortnite, Starbucks, and many others.
Pronitipagos has been an important distributor of digital products and services in Mexico
for the last 10 years. The company also provides technology services for B2B2C market in
Mexico. This relationship with one of the biggest distributors in the market will allow Newt
to add major brand names to its product catalogue and expand the variety of digital
products offered at kiosks.
Sergio Maya Aleman, CEO of Latin America of Newt, stated: “Prontipagos is a great
strategic business partner for digital products for Newt, thanks to its best practices and
services in the market, and I am confident that both companies will benefit from this
agreement tremendously. This agreement will help Newt increase our total revenue, adding
more products to our kiosks”.
Prontipagos is a Mexican company founded in 2010, supplying B2B and B2B2C markets
with innovative business solutions, including SMS messages, USSD technology and digital
products. Over the years, Prontipagos has developed multiple connectors for digital
products and services.
For more information, visit https://www.prontipagos.com
Newt Corporation is a Canadian Company with subsidiaries in USA & Mexico, currently
delivering state-of-the-art digital payment services to consumers and service providers
where 60% of the adult population does not have a bank account and where 80% of
personal payments are made in cash. It currently provides Software & Kiosks solutions,
within the Fintech Software Solutions Services, primarily focused on B2B such as Retail,
Institutions and SME’s providing services to employees and the unbanked market.
Utilizing its developed SaaS technologies software and integrated partners, Newt can
provide institutions and merchants, technology for solving KYC, AML, Mobile wallet,
cashless mobile payment, bill payment, digital prepaid products, and other services for
transactions on mobile devices, web and at Merchant Point of Sales. Newt is currently
launching its own operated network of self service kiosks and applications that are designed
to provide more convenient payment alternatives for consumers and more efficient billing
for service providers.
Newt’s SaaS solutions, users and businesses can take away complex capabilities of
transacting in the digital world, making payments, receiving funds, accepting bill payments
at point of sales, thus allowing merchants a quick and seamless one-stop shop, for a more
secure and efficient provider.
Newt’s current SaaS platform is utilized by clients throughout North America & Latin
America. Recently top enterprises and SME’s are choosing Newt as their single service
provider for Payment solutions. Newt envisions providing a next generation of technologies
in a complete Services agreement. The company’s platform has been designed from the
ground up for modern digital transfers with an ecosystem with full configurability, open
API integration and enhanced value-added services.
For more information, visit www.NewtFinancial.com
For further information, please contact:
100 King St. West, Suite 5700
Toronto, ON M5X 1C7
Forward – Looking Information
Certain information set forth in this news release may contain forward – looking
information that involve substantial known and unknown risks and uncertainties. This
forward – looking information is subject to numerous risks and uncertainties, certain of
which are beyond the control of the Company, including, but not limited to, the impact
of general economic conditions, industry conditions, failure to enter into a definitive
agreement and complete the Acquisition, and dependence upon regulatory approvals.
Readers are cautioned that the assumptions used in the preparation of such information,
although considered reasonable at the time of preparation, may prove to be imprecise
and, as such, undue reliance should not be placed on forward – looking information. The
parties undertake no obligation to update forward – looking information except as
otherwise may be required by applicable securities law.