August 6, 2019 – Toronto, Ontario – Newt Corporation (“Newt” or the “Company”) is
pleased to announce the signing of a Partnership Agreement with Prepay Nation LLC,
(commercially known as “Prepay Nation”) in Toronto, Ontario, Canada.
Prepay Nation is a US company that connects mobile network operators and retail
distributors for the sale of international mobile airtime. It has a network of over 220
mobile operators in 100 countries and diverse distribution channel spanning over
250,000 locations in the US, Canada, Europe and Middle East.
Newt’s customers will be able to top up their mobile phones instantly, or send top-ups to
their family or loved ones on Newt platform through the mobile application. Newt’s
API integration with Prepay Nation will provide for seamless, secure and real-time
purchases. Prepay Nation has an unmatched network of international operators and retail
distributors, which means they facilitate the transfer of airtime across borders more easily,
more efficiently, and with a farther reach than anyone else in our industry.
“We are delighted to partner with Prepay Nation, and to enable Newt’s customers to send
mobile airtime domestically and across international borders instantaneously”, stated
Sergio Maya Aleman, CEO of Latin America for Newt Corporation. “We are
constantly expanding our portfolio offering with products and services that directly benefit
our clients and create more customer satisfaction, resulting in increased loyalty and making
| As per the terms of the Agreement, Prepay Nation will provide Newt’s customers with a |
| comprehensive catalog of mobile airtime products. Airtime top-up is the perfect value- |
| add product, providing incremental revenue and a powerful acquisition tool to bring new |
| customers to Newt’s platform, offering them a new way to assist their families. |
Newt more competitive. We are excited to add an additional service that will benefit our
target customers and their loved ones back home.”
About Prepay Nation
Prepay Nation is a US-based company in the business of distributing international top-ups
using its proprietary software platform, a prepaid mobile ecosystem and an extensive set
of retail, online and mobile channels. With over 220 mobile operator partnerships in over
100 countries and diverse distribution channel spanning over 250,000 locations in the US,
Canada, Europe and Middle East, Prepay Nation provides a valuable service to expatriates
who financially support their loved ones back home. Prepay Nation’s unique business
model, scalable multi-currency processing platform, and global interconnectivity with
mobile operators and other digital service providers, provides instantaneous and no-fee
transactions for consumers and a significant revenue opportunity for distributors.
For more information, visit www.prepaynation.com
About Newt
Newt Corporation is a Canadian Company with representative offices in USA, and Latin
American that aims to become a Fintech Leader in Prepaid and Bill Payment transfers, as
well as mobile and digital online payments and services. Utilizing the latest payment
processing technologies, Newt provides merchants, consumers, and the unbanked
population with cashless mobile payment services, Bill payments, and rechargeable
prepaid cards, along with other services.
Newt Payment Systems on Microsoft enterprise platform with IT support is a stable
platform to sending payments, and merchants will be empowered to provide seamless
transactions in a more secure and efficient way. Newt’s next generation payment transfer
solutions use new methods for international digital transfers. 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.
For more information, visit www.GetNewt.com.
For further information, please contact:
Newt Corporation
100 King St. West, Suite 5700
Toronto, ON M5X 1C7
info@getnewt.com
Forward – Looking Information
Certain information set forth in this news release may contain forward – looking information that
involve substantial known and unknown risks and uncertainties. This forward – looking information is
subject to numerous risks and uncertainties, certain of which are beyond the control of the Company,
including, but not limited to, the impact of general economic conditions, industry conditions, failure to
enter into a definitive agreement and complete the Acquisition, and dependence upon regulatory
approvals. Readers are cautioned that the assumptions used in the preparation of such information,
although considered reasonable at the time of preparation, may prove to be imprecise and, as such,
undue reliance should not be placed on forward – looking information. The parties undertake no
obligation to update forward – looking information except as otherwise may be required by applicable
securities law.
