May 18, 2021 – Toronto, Ontario – Newt Corporation (“Newt” or the “Company”) is
pleased to announce the signing of an agreement with DISH Network and the addition of
satellite cable payments to Newt’s catalogue of digital products.
DISH satellite cable payments shall be featured within the mobile app and at Point of Sale
terminals, including Newt’s kiosks, which are emerging in various locations across Mexico.
With over 3 Million users in Mexico, DISH Network provides Digital Cable TV services to
all areas of Mexico, including the most remote communities, where other services are
scarce.
Sergio Maya, CEO of Newt Latin America, stated: “Adding DISH to our catalogue of
utility payment providers is a very promising source of revenue, which will boost sales
among our current customers and add future ones. We will use the data and knowledge we
collect from these customers to tailor our services to the largest segment of population in
Mexico.”
“This agreement allows us to cater to a larger customer base”, Steven Hoffmann, Founder
of Newt Corporation added. “Services like this are the start of Newt’s aggressive strategy
to enter remote and underserved markets with a carrier service provider, which have been
previously untapped by Newt. In areas of Mexico, where cable does not reach, you can see
DISH antennas on the roofs everywhere.”
About Dish Network
DISH Network Corporation is an American publicly-traded (NASDAQ: DISH)
television provider based in Englewood, Colorado. It is the owner of the direct-broadcast
satellite provider DISH, commonly known as DISH Network, and the over-the-top IPTV
service Sling TV. DISH also operates DISH Wireless to offer mobile wireless service,
currently offering prepaid service to 9.055 million customers with the purchase of Boost
Mobile on July 1, 2020 through the Boost brand. The company has approximately 16,000
employees.
For more information, visit www.dish.com
About Newt
Newt Corporation is a Canadian Company with subsidiaries in USA & Mexico, currently
delivering state-of-the-art digital payment services to consumers and service providers
where 60% of the adult population does not have a bank account and where 80% of
personal payments are made in cash. It currently provides Software solutions within the
Fintech Software Solutions Services, primarily focused on B2B such as Retail, Institutions
and SME’s providing services to employees and the unbanked market.
Utilizing its developed SaaS technologies software and integrated partners, Newt can
provide institutions and 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. Newt is currently
launching its own operated network of self service kiosks and applications that are designed
to provide more convenient payment alternatives for consumers and more efficient billing
for service providers.
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 SME’s 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.
For more information, visit www.NewtFinancial.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.
