Innovative Payment Solutions (OTCQB:IPSI) has announced several strategic developments to strengthen its financial position. The company has successfully settled a major legal dispute, reducing liability exposure, and has eliminated all outstanding toxic convertible debt that previously caused shareholder dilution. IPSI is refocusing on its core business of providing digital payment solutions, particularly for cross-border transactions in Mexico. The company has maintained its OTCQB listing and compliance with reporting requirements. CEO William Corbett will soon release a shareholder letter detailing product developments, partnership strategies, and market expansion plans. This strategic reset positions IPSI to better serve the underserved Mexico corridor market with modernized remittance and digital banking solutions.
Innovative Payment Solutions (OTCQB:IPSI) ha annunciato diverse iniziative strategiche per rafforzare la propria posizione finanziaria. L'azienda ha risolto con successo una controversia legale importante, riducendo l'esposizione alle passività, e ha eliminato tutti i debiti convertibili tossici in sospeso che in precedenza causavano diluizione per gli azionisti. IPSI sta concentrando nuovamente le proprie attività principali nella fornitura di soluzioni di pagamento digitale, in particolare per le transazioni transfrontaliere in Messico. La società ha mantenuto la quotazione OTCQB e il rispetto degli obblighi di rendicontazione. Il CEO William Corbett pubblicherà presto una lettera agli azionisti con dettagli sugli sviluppi dei prodotti, le strategie di partnership e i piani di espansione del mercato. Questa riorganizzazione strategica posiziona IPSI per servire meglio il mercato poco servito del corridoio messicano con soluzioni moderne di rimessa e banking digitale.
Innovative Payment Solutions (OTCQB:IPSI) ha anunciado varias iniciativas estratégicas para fortalecer su posición financiera. La compañía ha resuelto con éxito una disputa legal importante, reduciendo la exposición a responsabilidades, y ha eliminado toda la deuda convertible tóxica pendiente que anteriormente causaba dilución para los accionistas. IPSI está reenfocándose en su negocio principal de ofrecer soluciones de pago digital, especialmente para transacciones transfronterizas en México. La empresa ha mantenido su listado en OTCQB y el cumplimiento de los requisitos de reporte. El CEO William Corbett pronto publicará una carta para los accionistas con detalles sobre desarrollos de productos, estrategias de asociación y planes de expansión de mercado. Este reajuste estratégico posiciona a IPSI para atender mejor el mercado poco atendido del corredor mexicano con soluciones modernizadas de remesas y banca digital.
Innovative Payment Solutions (OTCQB:IPSI)는 재무 상태를 강화하기 위한 여러 전략적 개발 사항을 발표했습니다. 회사는 중대한 법적 분쟁을 성공적으로 해결하여 책임 노출을 줄였으며, 이전에 주주 희석을 초래했던 모든 독성 전환 사채를 제거했습니다. IPSI는 특히 멕시코의 국경 간 거래를 위한 디지털 결제 솔루션 제공이라는 핵심 사업에 다시 집중하고 있습니다. 회사는 OTCQB 상장과 보고 요구사항 준수를 유지하고 있습니다. CEO 윌리엄 코벳은 곧 제품 개발, 파트너십 전략 및 시장 확장 계획을 자세히 설명하는 주주 서한을 발표할 예정입니다. 이번 전략적 재설정은 IPSI가 현대화된 송금 및 디지털 뱅킹 솔루션으로 멕시코 코리더 시장의 소외된 고객을 더 잘 지원할 수 있도록 합니다.
Innovative Payment Solutions (OTCQB:IPSI) a annoncé plusieurs développements stratégiques pour renforcer sa position financière. L'entreprise a résolu avec succès un litige juridique majeur, réduisant ainsi son exposition aux responsabilités, et a éliminé toutes les dettes convertibles toxiques en cours qui causaient auparavant une dilution des actionnaires. IPSI se recentre sur son activité principale de fourniture de solutions de paiement numérique, notamment pour les transactions transfrontalières au Mexique. La société a maintenu sa cotation OTCQB ainsi que le respect de ses obligations de reporting. Le PDG William Corbett publiera prochainement une lettre aux actionnaires détaillant les développements produits, les stratégies de partenariat et les plans d'expansion du marché. Ce repositionnement stratégique permet à IPSI de mieux servir le marché peu desservi du corridor mexicain avec des solutions modernisées de transfert de fonds et de banque numérique.
Innovative Payment Solutions (OTCQB:IPSI) hat mehrere strategische Entwicklungen angekündigt, um seine finanzielle Position zu stärken. Das Unternehmen hat einen bedeutenden Rechtsstreit erfolgreich beigelegt, wodurch die Haftung reduziert wurde, und hat alle ausstehenden toxischen Wandelanleihen eliminiert, die zuvor zu einer Verwässerung der Aktionäre führten. IPSI konzentriert sich nun wieder auf sein Kerngeschäft der Bereitstellung digitaler Zahlungslösungen, insbesondere für grenzüberschreitende Transaktionen in Mexiko. Das Unternehmen hat seine OTCQB-Notierung und die Einhaltung der Berichtspflichten beibehalten. CEO William Corbett wird bald einen Aktionärsbrief veröffentlichen, der Produktentwicklungen, Partnerschaftsstrategien und Markterweiterungspläne erläutert. Dieser strategische Neustart positioniert IPSI besser, um den unterversorgten mexikanischen Korridormarkt mit modernisierten Überweisungs- und digitalen Banklösungen zu bedienen.
Positive
Settlement of significant legal dispute reducing liability exposure
Complete elimination of toxic convertible debt that caused dilution
Maintained OTCQB listing status and reporting compliance
Strategic refocus on core business in Mexican cross-border payment market
Negative
Historical shareholder dilution from previous toxic debt
Past legal disputes impacted company operations
CARMEL BY THE SEA, CA / ACCESS Newswire / May 21, 2025 / Innovative Payment Solutions, Inc. (OTCQB:IPSI) ("IPSI" or the "Company"), a leading provider of digital payment solutions, today announced several major corporate developments aimed at strengthening its financial position and renewing focus on its foundational mission.
The Company has successfully settled a significant legal dispute, reducing its overall liability exposure and eliminating a potential overhang for its shareholders. This resolution is a key step in clearing the path for long-term strategic execution.
In addition, IPSI has completely settled all outstanding toxic convertible debt, which historically diluted shareholder value. With these legacy obligations now behind us, the Company is positioned for sustainable, focused growth without the burden of high-risk financing structures.
As part of its renewed strategy, IPSI is returning to its core mission: providing modernized, efficient payment solutions for cross-border transactions-starting with an enhanced application tailored specifically to meet current market demands in Mexico. The Company sees tremendous opportunity in solving real-world remittance and digital banking challenges in the Mexico corridor, where millions of users remain underserved.
An upcoming shareholder letter from CEO William Corbett will provide a comprehensive update and outline an exciting roadmap for the months ahead, including product developments, partnership strategies, and market expansion.
The Company has also filed its latest quarterly report and is committed to maintaining full compliance with all reporting requirements. Additionally, IPSI has paid OTC Markets to maintain its position on the OTCQB Venture Market, affirming its commitment to transparency and investor confidence.
"These critical steps reflect our dedication to restoring IPSI's value and returning to our roots," said William Corbett, Chairman and CEO of IPSI. "With a cleaner balance sheet, a focused mission, and a strong development pipeline, we are better positioned than ever to execute on our vision and serve our customers in meaningful ways."
About Innovative Payment Solutions, Inc. Innovative Payment Solutions, Inc. (OTCQB: IPSI) is a FinTech company focused on delivering cutting-edge digital payment solutions that meet the needs of unbanked and underserved communities. Its IPSIPay® App facilitates fast, secure, and affordable cross-border transactions and banking services. The Company is also a joint venture partner in IPSIPay Express, which targets the gaming and entertainment industries with real-time merchant payment processing technologies.
Cautionary Note Regarding Forward-Looking Statements This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of Innovative Payment Solutions, Inc. These statements include, but are not limited to, statements regarding our anticipated future performance, including future revenues, earnings, strategies, and operations. All statements, other than statements of historical fact, included herein are forward-looking statements.
Actual results may differ materially from those anticipated in such forward-looking statements due to various factors including: our ability to continue as a going concern, our ability to raise additional financing, the success of our business development efforts, the timing of the introduction and success of our products and services, general economic conditions, and other risks and uncertainties described in our filings with the Securities and Exchange Commission. Forward-looking statements speak only as of the date made, and we undertake no obligation to update or revise any forward-looking statements to reflect events or circumstances after the date of this release, except as required by applicable law.
IPSI announced the settlement of a legal dispute, elimination of toxic convertible debt, and strategic refocus on cross-border payment solutions in Mexico.
How has IPSI addressed its debt situation?
IPSI has completely settled all outstanding toxic convertible debt that previously caused shareholder dilution.
What is IPSI's new business focus?
IPSI is focusing on providing modernized digital payment solutions for cross-border transactions, particularly in the Mexico corridor.
What steps has IPSI taken to maintain market compliance?
IPSI has filed its latest quarterly report and paid OTC Markets to maintain its OTCQB Venture Market listing, demonstrating commitment to transparency.
Who is the current CEO of IPSI and what updates are expected?
William Corbett is the CEO, and he will release a shareholder letter outlining product developments, partnership strategies, and market expansion plans.
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