13:18:17 EDT Tue 21 May 2024
Enter Symbol
or Name
USA
CA



Newnote Financial Corp
Symbol NEU
Shares Issued 19,684,000
Close 2014-09-10 C$ 0.15
Market Cap C$ 2,952,600
Recent Sedar Documents

Newnote Financial to connect PureTrade with Net-Cents

2014-09-11 09:36 ET - News Release

Mr. Paul Dickson reports

NEWNOTE FINANCIAL ENTERS INTO STRATEGIC PARTNERSHIP WITH NET-CENTS TO ENABLE CLIENTS TO INSTANTLY CONVERT CRYPTO CURRENCY TO FIAT AND TRANSFER FUNDS.

Newnote Financial Corp. has entered into a strategic partnership with Net-Cents Systems Ltd., an electronic payment transaction platform integrated with some of the world's largest financial institutions to enable 100-per-cent secure, real-time on-line transactions between both consumers and merchants. Newnote and Net-Cents software development teams will jointly build out APIs to connect Newnote's PureTrade exchange and Net-Cents transaction platform. This integration will allow users to simultaneously view balances in both their cash and cryptocurrency accounts and be able to use cash to purchase additional cryptocurrencies or sell their cryptocurrencies and transfer the cash back to their accounts in real time. Users will also be able to transfer funds person to person as well as buy goods and services on-line and pay in the currency of their choice.

Clayton Moore, founder and chief executive officer of Net-Cents, said, "This agreement between Newnote and Net-Cents positions the two companies at the forefront of the payment and crypto-currency markets."

Newnote president and chief executive officer Paul Dickson states: "This partnership simplifies the task of buying and selling Bitcoin using traditional currencies. We're pleased Net-Cents have chosen to work with us, the mutual benefit will prove to be rewarding."

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