Fintech
Mr. David Flores Resigns from Board Paving the Way to add New Strategic Members
SAN DIEGO, Jan. 28, 2020 (GLOBE NEWSWIRE) — Global Payout Inc. (OTCPink:GOHE) (“Global” or the “Company”) would like to announce to its valued shareholders that effective January 31, 2020, Mr. David A. Flores will be stepping down from his role as the Company’s Chief Operating Officer and interim Chief Financial Officer. This move comes as part of the Company’s ongoing reorganization with the intent to promote diversification and new venture opportunities for its long-term profitability objectives. Mr. Flores’s resignation from Global Payout also extends to his role as Executive Vice President of the Company’s wholly-owned subsidiary, MTrac Tech Corporation and his current seat as a GOHE Board Member.
Mr. Flores joined the Global Payout executive team in June 2018 following the Company’s reverse triangular merger with MoneyTrac Technology. Since then, he has been instrumental in guiding the Company through the successful completion of its two-year audit, in addition to playing a key leadership role alongside CEO, Vanessa Luna in the internal restructuring of the Company and effective launch of the MTrac brand.
“I am eternally appreciative of the hard work, determination and sacrifice Mr. Flores has demonstrated over the last year and a half with Global Payout,” said Global Payout CEO, Vanessa Luna. “His diligence and intellect were instrumental in working effectively with our accountants and auditors to successfully complete our two-year audit despite the significant challenges and frustrations that were encountered throughout its process. The positive impact on our company can be traced back to before he and I took control of Global Payout in June of 2018 and to the foundation he helped to develop for MoneyTrac Technology, which was the precursor to the success we have achieved with MTrac Tech. While his presence on our team will be missed, I am appreciative of the job he did to develop an incredibly stable foundational structure for the company and one that I am excited to continue building and expanding from.”
“I will be forever grateful of the incredible opportunity I have had to help reshape and restructure the core of this company,” said David Flores. “Opportunities such as the one I have had here with Global Payout are few and far between in one’s career. Much of my focus over the last year and a half has been directed towards the effective rehabilitation of the company’s internal structure with the intent to position it for long-term success and profitability. The two-year audit has unquestionably been one of the largest obstacles this company has had to clear in order to get itself on a path to profitability and with that obstacle finally in our rearview mirror, I am confident that this is the best moment for me to step aside and allow the vision of Ms. Luna to take lead. I do, however, intend to continue to lend my knowledge and expertise to Ms. Luna and the company from time-to-time and when it is called upon. Global Payout in my opinion, is ready to position itself for far greater business ventures, potential mergers and acquisitions, and prestigious new business partners. The newly available board seat will be offered to strategic partners that can help the Company move to the next level.”
In closing, David Flores stated, “I would like to personally thank all of the valued shareholders for your ongoing support and assure you I will be supporting alongside you as a shareholder and believer in the Global Payout team.”
About Global Payout, Inc. (OTC Pink:GOHE)
Since the Company’s inception in 2009, Global Payout, Inc. has been a leading provider of comprehensive and customized prepaid payment solutions. From 2014 to 2017 Global focused on identifying new state of the art technologies in a variety of industry sectors and successfully helped launch MoneyTrac Technology Inc. and other companies within the FinTech space. In 2018, Global completed a reverse triangular merger with MoneyTrac Technology Inc. resulting in Global retaining the wholly owned subsidiary, MTrac Tech Corporation. Global’s current focus is continuing to identify new business opportunities while it reorganizes its future business endeavors.
About MTrac Tech Corp.
MTrac Tech Corporation, a Nevada Corporation, is a privately held, wholly owned subsidiary of Global Payout, Inc. MTrac is a software technology, sales and marketing, and business development company focused on “high risk” and “high cost” industries. The Company’s flagship product is the MTrac payment platform offering a full-service solution with technology offerings including Payment Platform, Blockchain, Compliance, POS, E-Wallet, Mobile Application and Digital Payment Solutions. We are one network disrupting the status quo. It is MTrac’s creative vision through the use of its innovative technology solution to become the premier service provider offering the “Key to Cashless®.”
Forward-Looking Statements Disclaimer: This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, you can identify forward-looking statements by the following words: “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “ongoing,” “plan,” “potential,” “predict,” “project,” “should,” “will,” “would,” or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. Forward-looking statements are not a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Forward-looking statements are based on information available at the time the statements are made and involve known and unknown risks, uncertainty and other factors that may cause our results, levels of activity, performance or achievements to be materially different from the information expressed or implied by the forward-looking statements in this press release. This press release should be considered in light of all filings of the Company that are disclosed on the OTC Markets.com website.
Media Contacts:
Global Payout, Inc. MTrac Tech Corp. 
www.globalpayout.com
(702) 790-2511 Ext. 101
[email protected]
www.Mtractech.com
(702) 790-2511 Ext. 101
[email protected]
Perigon Wealth Management, LLC (“Perigon”), a rapidly growing independent wealth management firm with offices across the country and approximately $8.2 billion in client assets as of June 30, 20241, welcomed three key hires to support the firm’s continued expansion through organic growth and acquisitions.
“A decade ago, Perigon had two locations and less than $150 million in assets under management,” said CEO Arthur Ambarik. “We’re now at nearly 20 locations and approximately $8.2 billion. This kind of growth needs additional executive and operational expertise to capitalize on new opportunities, and we’re thrilled to have attracted such incredible talent to our team.”
David Scarpello, Chief Financial Officer
David Scarpello joins as Chief Financial Officer, replacing Chuck Pinson-Rose, who will continue to support the firm on special projects as the Managing Director, Finance and Investment, help ensure a smooth executive transition and dedicate more time to his role as an investment advisor.
“David has more than 30 years of experience supporting a range of forward-looking financial services institutions and wealth management firms, and I look forward to working closely with him as we execute the next phase of our growth strategy,” said Ambarik.
Most recently, Scarpello served as the CFO of Pathstone, a private equity-backed family office and advisory firm for ultra-high-net-worth clients, where he led end-to-end M&A support, financial and accounting practices and strategic financial planning efforts. He has held CFO roles at several financial services and fintech providers, as well as other executive roles.
Scarpello said, “I’ve watched Perigon’s rise from afar and have been incredibly impressed with Art, Chuck and the entire executive team’s approach to the market. I look forward to working to build upon the incredible foundation as we continue to execute into the future.”
Chuck Pinson-Rose, CFA®, has been with Perigon since 2015 and served as its CFO during its rapid expansion. He has been pivotal in developing a dynamic and scalable financial infrastructure for the firm and will continue to lend his expertise to move the firm forward.
The firm also announced it has added two new positions to support the continued strategic expansion of services and M&A activity.
Brian McGunnigle, Director of Operations
McGunnigle joins Perigon from the Mather Group and brings 25 years of industry experience, having spent the prior 16 years leading operations teams, technology evaluations and implementations, and M&A integrations. McGunnigle will report to Chief Investment Officer Rafia Hasan.
Debra Dunham, Director of Transitions and Integrations
Dunham most recently led and managed integrations for The Colony Group, a wealth management firm based in Boston. She has held several management roles in financial services firms and is active in her local community. She will report to the Head of Advisor Success and Integration Maria Daley.
Perigon is an advisor-led firm that has added teams and offices across six major markets since December 2021. In January, the firm welcomed Constellation Wealth Capital as a strategic investor. Perigon was named one of RIA Channel’s 2022 Top 50 Wealth Managers by Growth in Assets and included on the 2022 Forbes Top RIA list.2 In September 2022, the firm announced a merger with PM Wealth Management LLC, and formed a strategic alliance with Prager Metis CPAs LLC, a tax advisory firm. In November 2022, Perigon announced it acquired Nauset Wealth Management LLC, and expanded its Atlanta office.
The post Perigon Wealth Management Enhances Leadership Team to Support Continued Growth appeared first on HIPTHER Alerts.
Thunes, the Smart Superhighway to move money around the world, is thrilled to announce an extraordinary triple win at the 2024 Pay360 Awards in London. These highly respected accolades recognize outstanding contributions to the payments industry, and Thunes is proud to be recognized across three major categories:
- Best B2B Payments Programme
- Leading Financial Services or Payments Organisation
- Best International Payments, Remittance or Use of FX
This achievement highlights Thunes’ unwavering commitment to innovation and excellence in financial services, solidifying our role as a key player in reshaping global payments. The recognition is a testament to the hard work and dedication of our talented team and all Members of Thunes’ Direct Global Network that enable us to move money around the world, with unrivaled speed, control, visibility, protection, and cost efficiencies.
Mathieu Limousi, Chief Marketing Officer at Thunes, commented: “We are incredibly honored to receive these awards, which acknowledge our efforts to continuously expand and deepen our proprietary Direct Global Network, which serves Financial Institutions, Super Apps, Fintech Innovators, Gig Economy Giants and Money Transmitters worldwide. This win reaffirms our belief that the future of payments lies in breaking the barriers of payment interoperability, and we remain committed to driving the industry forward.”
The Pay360 Awards, organized by The Payments Association, is one of the industry’s most anticipated events, celebrating innovation and success within the payments sector. Thunes’ victories across multiple categories highlight its leadership and impact in driving forward-thinking solutions for global payments.
Chloé Mayenobe, President and COO at Thunes, added: “As we celebrate this exciting milestone, we extend our heartfelt thanks to our exceptional team of Thunesters and all Members of Thunes’ Direct Global Network whose passion and collaboration made this achievement possible. Together, we are building the Smart Superhighway to move money around the world.”
The post Thunes Wins Big at Pay360 Awards 2024 – Taking Home Three Prestigious Titles appeared first on HIPTHER Alerts.
A groundbreaking initiative set to transform crypto education in the UK is to set off. Drofa Comms, a leading PR firm specialising in finance and fintech, in collaboration with CryptoUK, a self-regulatory trade association for the UK cryptoasset industry, is proud to launch an educational initiative, CryptoEdu, aimed at enhancing cryptocurrency awareness in the UK. This initiative represents a crucial step in addressing the need for accessible and comprehensive crypto knowledge for economic development.
The first phase of the project aims to inform the professional community about new trends, rules, regulations, and challenges of the crypto industry. Participants from Zumo, The Crypto Collective, Orbital, Cointelegraph, Coindesk, and Crystal Intelligence were invited to take part in these industry dialogues. These interviews reveal several key insights, such as the complexities of crypto concepts, an urgent need to shift the focus of crypto education from technical details to real-world benefits, and the importance of incorporating formal educational programs and hands-on learning.
Valentina Drofa, co-founder and CEO of Drofa Comms, emphasised the importance of this initiative, saying: “Even though the industry has already made progress in crypto education, it is clear that we now need to significantly boost these efforts. Without proper education of both key stakeholders and the population, the sector will not have a future. Someone has to take the lead in the systematic promotion of education at all levels. My expertise in PR and educational products led Drofa Comms to form CryptoEdu as a joint effort with CryptoUK. We now offer organisations perspectives for crypto education, contributing to both the industry’s maturing and crypto players’ development.”
And the launch of the magazine is just the beginning, the project is set to evolve. Webinars and workshops that will serve as platforms for companies to engage in discussions are soon to be introduced. Thought leaders, trade associations, and market players will be further brought to explore the current state of crypto education, address pain points, share personal experiences and advice, and develop improvement strategies.
Drofa Comms aims to provide the industry with a boost in innovation and knowledge, recognising that education should not be a marketing tool but contribute to the growth of the industry.
SOURCE Drofa Comms
The post Drofa Comms and CryptoUK Boosting Crypto Education in the UK with New Initiative appeared first on HIPTHER Alerts.
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