Newt Signs SaaS Agreement with Telecom Service Provider Turbo Carga for Integration of Services on Newt’s SaaS Payment Platform

June 4, 2020 – Toronto, Ontario – Newt Corporation (“Newt” or the “Company”) is pleased to announce the signing of an Enterprise Bill and Prepaid Services Agreement with Turbo Carga, in Mexico City, Mexico.
Under the terms of the contract, Newt will integrate its services and connectors to extend the list of electronic top-up, prepaid, and bill & utility services that Turbo Carga provides to its customers. Thanks to this agreement, Newt will be further increasing its transactions of electronic products and services, and benefit from the increasing demand for Digital Bill Payment over mobile and at POS across Latin America.
Turbo Carga is a Mexican company with extensive experience in the Prepaid Telecommunications Industry in Mexico, servicing the market for over a decade. The company is backed by a veteran executive in the Telecom industry, and serves the entire national territory with more than 30,000 points of sale. Turbo Carga has been selected as being one of the largest and most consistent in the mobile top-up industry in Mexico.

Sergio Maya Aleman, CEO of Latin America of Newt Corporation, stated: “We are pleased to be able to sign this agreement and extend the list of electronic products in our pipeline. With this agreement, we will increase the number of transactions in electronic products and services in Latin America with more businesses connected to our platform, with the ultimate goal of providing to our customers almost any electronic payment possible in the mexican market.”

About Turbo Carga
Turbo Carga is a Mexican company made up of a team with the most extensive experience in the Prepaid Telecommunications Industry in Mexico. The group is backed by a robust and reliable platform, designed up to the highest banking standards with all the flexibility that the modern market demands.
The company serves the entire territory of Mexico, and is constantly innovating to bring new services to their clients to make their businesses increasingly competitive.
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About Newt
Newt Corporation is a Canadian Company with subsidiaries in USA, Luxembourg & Mexico, that aims to be a Fintech leader in SaaS Software Solutions Services, focused on B2B such as Institutions and SMEs providing services to employees and the unbanked market. Utilizing its developed SaaS technologies software and integrated partners, Newt can provide institutions, merchants, technology for solving KYC, AML, Mobile wallet, cashless mobile payment, bill payment, digital prepaid products, and other services for transactions on mobile devices, web and at Merchant Point of Sales.
By choosing Newt’s SaaS solutions, users and businesses can take away complex capabilities of transacting in the digital world, making payments, receiving funds, accepting bill payments at point of sales, thus allowing merchants a quick and seamless one-stop shop, for a more secure and efficient provider.
Newt’s current SaaS platform is utilized by clients throughout North America & Latin America. Recently top enterprises and SMEs are choosing Newt as their single service provider for Payment solutions. Newt envisions providing a next generation of technologies in a complete Services agreement. The company’s platform has been designed from the ground up for modern digital transfers with an ecosystem with full configurability, open API integration and enhanced value-added services.

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