Mobilum Technologies Announces Second Tranche of Project Funding

Mobilum Pay has received funding in the amount of EUR75,000. These funds will be used to develop Mobilum Pay's branded wallet. Mobilum's current Mobilum Pay wallet combines Mobilum's fiat-to-crypto onramp solution with a debit card offer from one of the world's largest credit cards networks. Future Mobilum Pay versions will offer payment accounts in multiple currencies and debit card issuing capabilities. Money transfer via the network's money send channel, as well as money transfer. The Mobilum Pay mobile wallet is still being developed. "The demand for better payment solutions is greater than ever before. Mobilum's off-ramp and on-ramp solutions will allow anyone to convert fiat to crypto and crypto to fiat. Mobilum has locations in Canada, Estonia and Lithuania as well as Poland and the United States. This news release could contain "Forward-Looking statements" as defined by the United States Private Securities Litigation Reform Act of 1985 and Canadian securities laws. Forward-looking information and statements are made when or if they are used in this newsrelease. These statements reflect the Company's current views regarding future events. They are based on a variety of assumptions and estimates, which, although considered reasonable, are subject to significant business and economic, competitive, social, political, and political risks, contingencies, and uncertainties. There are many factors that could affect the actual results, performance, or achievements, including unknown and known factors. Accesswire.com: URL View the source version