13:29:49 EDT Thu 23 May 2024
Enter Symbol
or Name
USA
CA



Intellabridge Technology Corp
Symbol KASH
Shares Issued 72,507,476
Close 2024-05-02 C$ 0.12
Market Cap C$ 8,700,897
Recent Sedar Documents

Intellabridge's Karma rolls out Astra instant funding

2024-05-03 11:03 ET - News Release

Mr. John Eagleton reports

KARMA INTEGRATES ASTRA INSTANT FUNDING TO FACILITATE DEPOSITS AND INSTANT ACCESS TO FUNDS

Karma Card Corp., a subsidiary of Intellabridge Technology Corp., has unveiled the Astra instant funding solution within the Karma application. This new feature will allow Karma users to instantly transfer funds between their accounts, revolutionizing how they access and manage their money.

Instant transfers, infinite possibilities

With Astra instant funding, Karma users can now enjoy the convenience of immediate money transfers -- often within seconds. This integration is set to eliminate the typical delay associated with traditional bank transfers, providing users with quick access to their funds when they need them most, whether they are transferring to family, paying bills or donating to a cause.

Why Astra instant funding?:

  • Speed and convenience: Transfers are nearly instantaneous, making funds available much faster than traditional methods.
  • Flexibility and control: Users gain better control over their financial transactions, enabling them to manage their money more effectively.
  • Cost efficiency: This service helps users avoid potential fees from other payment platforms, keeping more money in their pockets.
  • Enhanced security: Astra's robust security measures -- including encryption and fraud detection -- ensure that all transactions are secure.

A word from the company's chief executive officer

"The integration of Astra instant funding marks a significant milestone in our mission to provide seamless financial solutions that empower our customers," said John Eagleton, CEO of Karma. "This feature not only enhances the flexibility and efficiency of fund transfers, but also aligns with our commitment to security and user satisfaction. Our goal is for Karma to be the number one payment method for our customers. With Astra's instant fund transfers customers can easily transfer money from their current bank accounts to their Karma accounts. This will help to actualize our deposit growth and transaction revenue forecasts."

Empowering users to do more

This feature is particularly beneficial for users engaged in managing multiple financial commitments swiftly and securely. Whether it's making a last-minute payment or supporting a sudden charitable cause, Astra instant funding ensures that Karma users can do so without the typical wait or extra fees associated with other platforms.

Availability

The Astra instant funding feature is available effective immediately to all Karma users. It can be accessed within the Karma app, providing a straightforward, user-friendly interface for managing all financial transactions with just a few clicks.

About Karma

Karma is an innovative financial technology (fintech) platform that integrates charitable giving with daily financial activities. By linking charitable giving with everyday spending, Karma makes it possible for anyone to support global initiatives that resonate with their personal values, all through a seamless, secure, digital experience. Karma is available to citizens and residents of the United States only.

About Intellabridge Technology Corp.

Intellabridge Technology is a fintech company in the business of impact finance whose product, Karma, has a mission to make every transaction have a positive impact on the world through cash back solutions and automated customizable donations to charitable organizations based on the United Nations Sustainable Development Goals. Karma offers cash back donation financial products, and Karmify, which allows customers to connect any debit or credit card to Karma, earn extra cash back and donate to charitable organizations.

We seek Safe Harbor.

© 2024 Canjex Publishing Ltd. All rights reserved.