Fintech Select Signs LOI with Cryptocurrency Dealer

Concord, Ontario, CANADA


TORONTO, Oct. 04, 2017 (GLOBE NEWSWIRE) -- Fintech Select Ltd. (“Fintech Select” or the “Company”) (TSX-V:FTEC) confirms a Letter of Intent (LOI) has been signed with a national cryptocurrency dealer that will enable the Company’s Point of Sale (POS) network to buy and sell cryptocurrency.

The cryptocurrency dealer works with a number of international exchanges to provide the competitive cryptocurrency exchange rates by way of real-time arbitrage which offers top notch service and facilitates transactions for Canadians dealing in cryptocurrency.

“Fintech Select is on a path to create a disruptive paradigm in cryptocurrency accessibility.  Utilizing the services of a dealer with international reach give us choice, convenience and cost effective pricing,” states Mohammad Abuleil, CEO and President.  “We are very excited to initiate the process for a build up of a national cryptocurrency POS network.”

The Company will be providing regular updates as they occur on the national rollout of the Selectcoin platform.

About Fintech Select Ltd.

Fintech Select is a provider of robust and disruptive Pre-Paid Card programs, mobile banking solutions and Cryptocurrency technologies. 
Fintech Select has enabled these core assets which operate through separate divisions to work together harmoniously to create a new and ubiquitous environment for consumers and businesses alike. Fintech select also operates an international call centre that provides fulfillment and customer service support to customers across all three platforms mentioned.
 Our mission is to provide customers with choice, convenience and cost-effective ways to facilitate traditional and crypto financial transactions.

FOR FURTHER INFORMATION PLEASE CONTACT:

David Vinokurov
email: investor@fintechselect.com                                       
dvinokurov@fintechselect.com

Caution:

Neither TSX Venture Exchange Inc. (“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.

The securities offered have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This press release shall not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of the securities offered in any jurisdiction in which such offer, solicitation or sale would be unlawful.