LOS ANGELES, May 10, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE-- Full Alliance Group, Inc. (OTC PINK:FAGI) ("Full Alliance Group" or the "Company"), a holding company, is pleased to announce that in a continued effort to expand operations of its newly-acquired subsidiaries MY PAY and Kelevra Digital Solutions SA de CV (“Kelevra Digital Solutions”), met with Visa and Finnovista representatives this week in Mexico City as part of Visa’s Everywhere Initiative.
Visa is aggressively targeting Latin America and the Caribbean for service offering expansion and is meeting with select financial services provider start-ups. Desired financial services targets are capable of meeting diverse local market needs by transforming payment services and commerce in the region. Visa’s Everywhere Initiative is a global innovation program that tasks start-ups like MY PAY with solving payment and commerce challenges, enhancing their product offerings, and providing visionary solutions for Visa’s partner network.
Full Alliance executives met with Visa and Finnovista representatives to discuss potential collaboration for the initiative. Mr. Galván Lopez, Vice President of Business Development for Latin America, represented Full Alliance Group. Mr. Galván Lopez is the architect behind MY PAY, our innovative POS Banking and Financial Service, Smartphone banking, and bill payment solution. MY PAY removes obstacles to financial services currently faced by the majority of the population in Latin America. The MY PAY platform provides competitive technology tools to underserved markets including the unbanked and small businesses like grocery stores, drug stores, hardware stores, etc.
The Company believes MY PAY and Kelevra Digital Solutions are positioned to grow significantly within the domestic Mexican financial services and FinTech markets. This will allow the Company to leverage international opportunities as well as benefit from synergies with other Full Alliance Group companies.
The Full Alliance Group is excited to participate in additional meetings over the next few weeks and anticipates making further announcements regarding “Visa’s Everywhere Initiative” program as the process moves forward.
Sincerely,
Jacob Thomas
Chairman / CEO
About Full Alliance Group Inc.
Full Alliance Group Inc. (OTC PINK:FAGI) is a multi-faceted holding company with varied interests in banking and point-of-sale (POS) technology, financial services, real estate, nutraceuticals and computer software development. Full Alliance Group provides investment capital, modern business practices, and best-in-class management to assist growing companies to reach their greatest potential.
FORWARD-LOOKING STATEMENTS
This shareholder update may contain a number of forward-looking statements. Words and variations of words such as: "expect", "goals", "could", "plans", "believe", "continue", "may", "will" and similar expressions are intended to identify our forward-looking statements, including but not limited to: our expectation for growth, benefits from brand-building, cost savings and margins. These forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond our control, which could cause our actual results to differ materially from those indicated in our forward-looking statements. Such factors include, but are not limited to: continued volatility of, and sharp increase in: costs/pricing actions, increased competition, risks from operating internationally, consumer weakness, weakness in economic conditions and tax law changes.