(via TheNewswire)
Strong Demand for Tiger’s Products and Services in Southeast Asia
Repeat order from partners expands Tiger's merchant footprint and validates its
distribution model in Vietnam
Vancouver, BC and San Juan, Puerto Rico, September 29, 2026 – TheNewswire - Tiger Financial Services Inc., (CSE:BANQ) (“ Tiger ” or the “ Company ”) is pleased to announce that one of its commercial partners in Vietnam has ordered an additional 1,000 point of sale devices (“ POS ”) for deployment across its merchant network in Vietnam.
This additional order expands Tiger’s payment technology footprint in Vietnam and reflects the continued growth of its relationship with its commercial partners. Through established financial institution partnerships, Tiger is increasing the deployment of its payment infrastructure across a growing base of merchants and businesses. As Vietnam continues its transition toward digital and cashless payments, 1 Tiger’s objective is to expand the number of installed base positions to participate in the long-term growth of the country’s payments ecosystem.
Ben Aissa, CEO of Tiger Financial, stated: “A repeat order is the clearest validation a technology company can receive. Our commercial partner has seen Tiger’s payment technology perform in the field, and they are now putting it in front of more of their merchants. This is exactly how our model is designed to work: to scale through licensed financial institutions that already own the merchant relationship, which allows us to grow quickly and efficiently while strengthening our position in one of Southeast Asia’s fastest growing digital payments markets. Vietnam’s shift to cashless payments is reaching merchants across multiple categories 2 and we intend to pursue further deployments across thousands of merchant locations as demand continues to build.”
“The market dynamics we are seeing in Vietnam share similarities with those we experienced in Qatar, where our team built QPAY International into a leading fintech company before its acquisition by Qatar Islamic Bank. We are drawing on that experience as we develop our strategy for Vietnam, while leveraging an enhanced technology platform and pursuing a broader addressable market. 3 ”
In addition, Tiger is pleased to announce that it has granted an aggregate of 200,000 stock options (“ Options ”) to certain advisors of the Company. The Options have an exercise price of $0.65 per share and an expiry date of five years from the date of grant. One-third of the 150,000 of the Options will vest on the first, second and third anniversaries of the date of grant, respectively, while one-half of the 50,000 of the Options will respectively vest on the first and second anniversaries of the date of grant, respectively.
About Tiger Financial Services Inc.
Tiger is an international fintech focused on high-growth emerging markets. Headquartered in Puerto Rico, the company develops and launches AI-powered banking infrastructure for small businesses across Southeast Asia. Led by founder and CEO Ben Aissa, a fintech entrepreneur with over 20 years of international experience scaling payments and banking ventures, Tiger combines AI-driven payments, digital banking, and embedded finance to serve one of the world's largest underserved business segments. Through its Vietnam subsidiary, Vietpay Technology Company Corporation, Tiger has an operating foothold in Southeast Asia and plans to expand across Thailand, Indonesia, Malaysia, the Philippines, Cambodia, and Myanmar, a regional opportunity of more than 60 million small businesses. Tiger's model combines proprietary technology with deep market expansion expertise and partnerships with licensed commercial banks, enabling the company to deliver tailored local fintech services in full compliance with regulators while executing a multi-country high-growth strategy.
Cautionary Note
For further information, please contact:
Rob Crocker, VP Capital Markets
Phone: (647) 521-9081
Email: rob.crocker@tigerfinancial.com
Forward-Looking Information
The Canadian Securities Exchange has in no way approved nor disapproved the contents of this press release. Neither the Canadian Securities Exchange nor the Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. This press release contains forward-looking statements and information that are based on the beliefs of management and reflect Tiger’s current expectations. When used in this press release, the words "estimate", "project", "belief", "anticipate", "intend", "expect", "plan", "predict", "may" or "should" and the negative of these words or such variations thereon or comparable terminology are intended to identify forward-looking statements and information.
Such statements and information reflect the current view of Tiger. Risks and uncertainties that may cause actual results to differ materially from those contemplated in those forward-looking statements and information. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the following risks: (a) Tiger may require additional financing from time to time in order to continue its operations; (b) financing may not be available when needed or on terms and conditions acceptable to the Tiger; (c) new laws or regulations could adversely affect the Tiger's business and results of operations; and (d) the stock markets have experienced volatility that often has been unrelated to the performance of companies. These fluctuations may adversely affect the price of the Tiger's securities, regardless of its operating performance.
There are a number of important factors that could cause the Tiger's actual results to differ materially from those indicated or implied by forward-looking statements and information. Such factors include, among others: limited business history of Tiger; risks related to Tiger’s corporate strategy including that previous and future acquisitions do not meet expectations, disruptions or changes in the credit or security markets; results of operation activities; unanticipated costs and expenses, fluctuations in commodity prices, and general market and industry conditions. Tiger cautions that the foregoing list of material factors is not exhaustive. When relying on Tiger’s forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Tiger has assumed that the material factors referred to in the previous paragraph will not cause such forward-looking statements and information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. The forward-looking information contained in this press release represents the expectations of Tiger as of the date of this press release and, accordingly, is subject to change after such date. Readers should not place undue importance on forward looking information and should not rely upon this information as of any other date. While Tiger may elect to, it does not undertake to update this information at any particular time except as required in accordance with applicable laws.
The securities being offered have not, nor will they be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons in the absence of U.S. registration or an applicable exemption from the U.S. registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in the United States or in any other jurisdiction in which such offer, solicitation or sale would be unlawful.
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1 https://vietnamnet.vn/en/vietnam-moves-to-shape-future-of-digital-payments-2453287.html
2 https://english.mst.gov.vn/cashless-payments-account-for-over-70-percent-of-retail-transactions-in-2021-197152331.htm?utm_source=chatgpt.com
3 Past success may not guarantee future success; for a list of specific risks and risk factors relating to the Company’s business and growth plans, see the Company’s prospectus on its SEDAR+ profile at www.sedarplus.ca

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