Xtm Inc Stock Price, News & Analysis

XTM, Inc. (OTCQB: XTMIF) has partnered with CurrencyWorks to allow Today Mobile Wallet users access to an NFT platform starting in Q2 2021. This collaboration aims to enhance user experience by providing features such as NFT design, copyright registration, and exclusive content. CurrencyWorks is recognized as a leader in NFT innovation, notably collaborating with Barrett Jackson for unique car collector NFTs. XTM's CEO highlighted the increasing demand from subscribers for NFT access, indicating a strategic move to broaden their service offerings in the fintech and neo-banking sectors.

XTM, Inc. (QB: XTMIF), a fintech firm in the neo-banking sector, announces the adoption of its Today™ Mobile App and Prepaid Card by Boston Pizza's MacEachern Group franchisee. This initiative aims to eliminate cash handling in restaurants, enhancing food service efficiency. Employees gain immediate access to earned gratuities for various transactions. XTM's solution streamlines payroll management with an automated administration portal, emphasizing the organization's adaptive business strategies in response to current challenges.

XTM, Inc. (QB: XTMIF), a Miami and Toronto-based fintech company, announced that its common shares are now trading on the OTCQB Venture Market. This listing aims to enhance investor interest as the company expands its operations in the US market. XTM continues to be traded on the Canadian Securities Exchange under the symbol "PAID." The company specializes in mobile banking and payment solutions, facilitating expedited earnings payout and eliminating banking fees for businesses and workers. Investors can access real-time quotes on OTC Markets.

XTM, Inc. (QB: XTMIF) has secured a partnership with Maple Leaf Sports and Entertainment to implement its Today Mastercard Program for cashless employee disbursements. This program aims to provide employees instant access to their earnings while enhancing safety protocols as venues prepare to welcome fans back. The integration will simplify the payout process, making it digital and efficient. XTM is in discussions with other major sports operators to expand its services within the entertainment sector.

XTM, Inc. (XTMIF) has successfully closed a non-brokered placement offering, raising approximately $1.17 million through the issuance of 7,833,330 units at $0.15 each. Each unit includes one common share and one warrant, exercisable at $0.30 for 24 months. Strategic investors include hospitality moguls David Grutman and Michael Kimel, who express confidence in XTM's fintech solutions for the hospitality sector. XTM aims to enhance real-time earnings access for staff, aiming to dominate the U.S. hospitality market. The offering awaits final approval from the Canadian Securities Exchange.

XTM, Inc. (QB: XTMIF) has signed a Letter of Intent with Harlo Entertainment, a major player in North America's hospitality and entertainment sector, managing over $250M in assets. The partnership aims to implement XTM's Today mobile app and payout solution across Harlo's properties, enhancing employee access to earnings. XTM CEO, Marilyn Schaffer, highlighted the strategic nature of this collaboration, aiming for significant value addition for both companies.

XTM, a fintech company based in Miami and Toronto, is expanding its Today Mobile wallet to allow users to buy, transfer, and redeem cryptocurrency. This initiative responds to increasing user demand for crypto functionality, inspired by major market movements such as Tesla's $1.5B Bitcoin purchase and Mastercard's support for cryptocurrencies. The technology aims to provide near real-time fund transfers within the mobile wallet, enhancing user experience and transaction flow.

XTM Inc. is set to launch a direct deposit program for its Today™ Card Holders, allowing users to receive wages directly into their Today Mobile wallet. This new feature aims to enhance access to micro-credit through the company’s Moretoday program, enabling overdraft protection ranging from $20 to $250 for a nominal fee. The initiative responds to user demand for greater access to funds. CEO Marilyn Schaffer highlighted the unique opportunity this presents for the growing user base, emphasizing low-risk solutions in the fintech space.

XTM (OTCQB: XTMIF) announces the integration of its payment solution with the BlackFox restaurant management app, enhancing the cash-out process for staff. BlackFox simplifies tip management and reporting for restaurant managers, while XTM provides mobile banking solutions, including a prepaid card for staff. This partnership aims to meet the growing demand for digital payment solutions in the hospitality sector, which saw significant shifts due to COVID-19. Notable clients include Franworks and The Keg, reflecting XTM's foothold in a market valued at $863B in 2019.