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UPAY Inc. (UPYY) delivers innovative fintech solutions and ethical adventure travel experiences through its HUNTPAL brand. This news hub provides investors and stakeholders with essential updates about the company's financial technology advancements and niche market initiatives.
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UPAY (OTCQB: UPYY) announced that its CEO, Jaco Fölscher, was re-elected to the Board of the Credit Association of South Africa (CASA) for a further two-year term following CASA’s AGM on 22 October 2025.
Fölscher will serve on CASA’s first Board after the association rebranded from MicroFinance South Africa, representing UPAY’s loan-management software unit ACPAS. The rebrand signals CASA’s expanded remit across the full credit value chain and emphasizes integrity, accountability, inclusion, and a focus on responsible credit supported by technology, data and service providers.
As a Board member, Fölscher will support advocacy, cross‑sector collaboration, regulatory and compliance guidance, capacity building, and efforts to promote trust in responsible credit provision.
UPAY (OTCQB: UPYY) announced that its South African unit, Automated Credit Provider Administration System (ACPAS), will sponsor the MicroFinance South Africa Annual General Meeting and Conference on October 22, 2025 in Johannesburg.
MFSA will rebrand to CASA (Credit Association of South Africa) at the event; ACPAS will participate as a Legacy Partner. The company highlighted its multi-year collaboration with MFSA/CASA and reiterated commitment to supporting South Africa’s microfinance and credit sectors through innovation, compliance, and technology.
UPAY (OTCQB: UPYY), a fintech solutions provider, has appointed Richard K. Pellerin to its Board of Directors effective September 20, 2025. Pellerin brings over 25 years of entrepreneurial and leadership experience as the Founder and President of Century Rehabilitation and Co-Founder of DisruptREADY.
Pellerin's expertise spans healthcare operations, digital transformation, and workforce management. He previously invested in UPAY in 2024, demonstrating confidence in the company's potential. His appointment strengthens UPAY's governance structure and aligns with the company's innovation and growth initiatives.
UPAY Inc. (OTCQB: UPYY) announced that its South African subsidiary, ACPAS, has secured a significant multi-phase development agreement with a major pan-African financial services group to launch digital lending solutions in South Africa.
The three-phase project encompasses: custom development of a tailored ACPAS version, creation of an online lending website, and enhancements to the ACPAS Loan Management Software. The revenue model is transaction-based, aligning ACPAS's growth with the lender's market expansion.
The platform will provide streamlined credit origination, real-time loan management, and scalable backend support, incorporating strict compliance protocols and advanced risk management safeguards aligned with South African regulations.
AML Go, a South African subsidiary of UPAY, showcased its compliance solutions at the MicroFinance South Africa (MFSA) Virtual Workshop on April 16, 2025. The event focused on mastering FICA Compliance and attracted over 380 delegates, including compliance officers and Financial Intelligence Centre representatives.
The workshop covered essential aspects of the Financial Intelligence Centre Act (FICA), featuring:
- Core FICA obligations and legislative updates
- Risk Management and Compliance Programs
- Customer Due Diligence implementation
- Employee screening procedures
During a live demonstration, AML Go showcased its platform's capabilities in automating compliance workflows, performing client screening, and generating audit-friendly reports. The company's presentation highlighted how technology can streamline regulatory processes while maintaining high compliance standards in South Africa's microfinance sector.
AML GO, a subsidiary of UPAY Inc. (OTCQB: UPYY), has achieved significant growth by onboarding 30 new clients in under two weeks through its integration with ACPAS loan management software platform. The company has also secured two strategic group partnerships:
1. A Group Reseller Partner in the Southern African Development Community (SADC) region for geographic expansion
2. A Group Client Partner implementing AML GO across multiple businesses
The company is scheduled to present its compliance solutions to the Micro Finance Association of South Africa (MFSA) and the Financial Intelligence Centre (FIC), South Africa's regulator, showcasing its approach to combating money laundering and terrorist financing while enhancing regulatory compliance efficiency.
UPAY Inc. (OTCQB: UPYY) has announced that its South African subsidiary ACPAS sponsored the MFSA #101 Compliance Workshop to MicroFinance on March 13, 2025, at the Radisson Hotel & Convention Centre Johannesburg.
The event served as a platform for industry stakeholders to discuss compliance, regulatory developments, and best practices in the microfinance sector. The workshop featured presentations, panel discussions, and networking opportunities focused on enhancing the industry's compliance framework. MFSA acknowledged ACPAS's continuous sponsorship and commitment to the microfinance sector.
UPAY Inc. (OTCQB: UPYY) announced that its South African subsidiary, AML GO, participated as special guests at the Crypto Assets Regulation & Compliance Conference on March 12-13, 2025, in Johannesburg. The event, organized by Trade Conferences International, focused on regulatory governance and compliance in the crypto assets ecosystem.
The conference brought together various stakeholders including crypto asset providers, financial intermediaries, government representatives, and banks. Key topics discussed included:
- Digital assets' impact on financial markets
- Regulation and reporting frameworks
- Banking risks and anti-money laundering measures
- Cross-border financial flows
- Compliance issues and technology
UPYY subsidiary HUNTPAL has successfully participated in the 2024 Safari Club International (SCI) Annual Convention at the Music City Center in Nashville. The event, which featured over 800 exhibitors, served as a platform for HUNTPAL to showcase its mission of connecting hunters with professional outfitters while promoting ethical hunting practices.
The convention brought together thousands of hunters, outfitters, and industry leaders, offering world-class hunting opportunities, gear displays, and luxury goods. The event included educational seminars, celebrity appearances, and auctions that raised millions for SCI's advocacy and conservation efforts.
Jaco Fölscher, CEO of UPAY and Director of HUNTPAL, emphasized the convention's role in strengthening relationships with outfitters and demonstrating HUNTPAL's commitment to revolutionizing the hunting experience through trusted connections.