ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

MPT Midpoint Holdings Ltd

0.18
0.00 (0.00%)
Last Updated: 00:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Midpoint Holdings Ltd TSXV:MPT TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.18 0.14 0.18 0 00:00:00

Midpoint Adds Three New Currencies to Its Payments Platform

20/05/2014 2:10pm

Marketwired Canada


NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE
UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A
VIOLATION OF U.S. SECURITIES LAWS.


Midpoint Holdings Ltd. ("Midpoint") (TSX VENTURE:MPT) is pleased to announce
that its wholly-owned operating subsidiary, Midpoint & Transfer Ltd., based in
the United Kingdom has added three new currencies. Midpoint, which operates the
world's first true peer to peer foreign currency payments service, has added the
Danish Krone, Norwegian Krone and Swedish Krona to its matching (netting)
platform. It currently offers the service in CAD, USD, EURO, British Pound and
Swiss Franc. 


John Booth, Chairman & CEO of Midpoint, said, "We are delighted to add the new
currencies to our platform. The addition of the Scandinavian currencies helps
increase our geographical reach within the Eurozone whilst facilitating cheaper
cross border payments to millions more people." 


Midpoint reported over 300% growth in transaction volume in Q3 ended March 31,
over Q2 which in turn had a similar growth over Q1.


Neither the TSXV nor its Regulation Services Provider (as that term is defined
in the policies of the TSXV) accepts responsibility for the adequacy or accuracy
of this release and has neither approved nor disapproved of the contents of this
press release. 


This news release contains certain "forward-looking information" within the
meaning of applicable securities law. Forward looking information is frequently
characterized by words such as "plan", "expect", "project", "intend", "believe",
"anticipate", "estimate", "may", "will", "would", "potential", "proposed" and
other similar words, or statements that certain events or conditions "may" or
"will" occur. These statements are only predictions. Forward-looking information
is based on the opinions and estimates of management at the date the information
is provided, and is subject to a variety of risks and uncertainties and other
factors that could cause actual events or results to differ materially from
those projected in the forward-looking information. For a description of the
risks and uncertainties facing Midpoint and its business and affairs, readers
should refer to Midpoint's Management's Discussion and Analysis. Midpoint
undertakes no obligation to update forward-looking information if circumstances
or management's estimates or opinions should change, unless required by law. The
reader is cautioned not to place undue reliance on forward-looking information. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Midpoint Holdings Ltd.
John G. Booth
Chairman & CEO
+44 (020) 220 6382


Midpoint Holdings Ltd.
Marc Henderson
Director
+1 (416) 214 9910


Midpoint Holdings Ltd.
The Exchange Tower
130 King Street West
Suite 3680 Toronto
ON M5X 1B1

1 Year Midpoint Chart

1 Year Midpoint Chart

1 Month Midpoint Chart

1 Month Midpoint Chart

Your Recent History

Delayed Upgrade Clock