May 21, 2020 – Toronto, Ontario – Newt Corporation (“Newt” or the “Company”) is pleased to announce the signing of an Agreement with Quick for integration on Newt’s SaaS Payment System. The Agreement shall provide Newt’s Catalogue of Bill Payment and Digital Gift Card services to Quick’s entire network of stores, currently serving around 300,000 customers in the center of Mexico.
As per the terms of the agreement, Quick will utilize Newt’s SaaS Platform for digital services, including signing up new customer accounts, mobile phone top-ups, purchase of expanded product lines of gift cards, and making payments, thus adding more innovative product solutions to Quick’s offering through Newt’s portfolio of SaaS services.
Quick is a fast food and convenience store chain with a fast-growing business model, present mostly in the Center of Mexico, in cities of Salamanca, Leon and Guanajuato, with undoubted quality in fast food and healthy options available 24 hours a day, 365 days a year.
Sergio Maya Aleman, CEO of Newt, stated: “We are pleased to service another Fintech client such as Quick and their entire store network with our SaaS model, and provide their customers with our enhanced digital products and services, therefore enhancing and differentiating their service offering to B2C customers. Having signed with Quick demonstrates how efficient and easy it is to integrate with Newt’s platform and to give added value to customers”.
Quick Food and More is a convenience and fast food distribution chain, located in the center of Mexico. Quick has aggressively grown in cities like Leon, Salamanca and Celaya, with undoubted quality in fast food, along with healthy options, available 24 hours a day, 365 days a year. Quick has eight stores in operation, with high differentiation quality of products and services. Quick is planning to extensively grow in the next few years in the Mexican market.
For more information, visit www.quick.com.mx
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 SME’s 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 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:
100 King St. West, Suite 5700
Toronto, ON M5X 1C7
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.