Mint Presents at StableView TECH18, a Prominent Canadian Technology Conference
TORONTO, Oct. 09, 2018 (GLOBE NEWSWIRE) — The Mint Corporation (TSX-VL MIT) (“Mint”) is pleased to announce that it had been selected to present at StableView TECH18 on October 4, 2018 in Toronto. StableView’s technology conference, now in its 5th year, is an educational event – an opportunity for investors, entrepreneurs and business leaders to learn first hand from more than 50 of Canada’s most promising technology companies.
“We are delighted to have the opportunity to inform investors about Mint’s successes to date in providing payment services to underbanked foreign workers in the United Arab Emirates (“UAE”) and to outline our plans for delivering more services within the UAE and beyond. We are excited to announce the launch of the Mint mobile app in the UAE which will enable our current base of cardholders, and future customers, to enjoy the benefits of financial and other services from the convenience of their mobile phone,” states Vishy Karamadam, CEO of The Mint Corporation.
A copy of the presentation can be viewed on The Mint Corporation website – www.themintcorp.com.
About Mint
The Mint Corporation (TSXV: MIT), through its majority owned subsidiaries (the “Mint Group”), is a globally certified payments company headquartered in Toronto, Canada with its primary business in Dubai, United Arab Emirates (UAE). The Mint Group is approved by the UAE Central Bank, Mastercard and UnionPay as a third-party payment processor. Mint Group processes over US$1 billion in payroll annually for hundreds of corporate clients and financial institutions and the Mint Group community consists of approximately 400,000+ cardholders. Mint Group’s clients include some of the leading blue-chip companies in the UAE.
Mint Group provides employers with automated payroll services and a proprietary Automated Teller Machine (ATM) network for their unbanked employees. Mint Group community members are issued a personalized, globally accepted, MasterCard or UnionPay card and a linked mobile app, where their salaries are deposited. This mobile app effectively becomes the employee’s bank account.
Mint Group intends to offer (subject to regulatory approval) a comprehensive suite of services through the mobile app, including remittance, overdraft, loans, mobile phone top-up, and insurance. The mobile app enables unbanked employees to purchase services and spend through the app.
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The Mint Corporation
Vishy Karamadam
647-352-0666
