Fintech
Award-Winning E-Learning Platform Projects Rapid Growth in New Markets with “Mommy Influencer” Sales System
New York, New York–(Newsfile Corp. – April 29, 2021) – PCG Digital — Recently recognized as the “Most Outstanding Online E-Learning Platform” for 2021 in Canada, Quality Online Education Group (“QOEG”), a wholly owned subsidiary of ADGS Advisory (OTC Pink: ADGS), projects rapid growth as it expands into additional markets.
What’s the secret to their success? In addition to cutting edge AI technology and data research, QOEG is increasing brand awareness by using a proven successful sales system called “Mommy Influencer.” Implemented in July 2020, the system has been rolled out in Tier 2 and Tier 3 cities in China.
“Through the ongoing global pandemic, online education has become one of the fastest growing industries in China and around the world,” stated Edward Wu, CEO of ADGS Advisory, in a recent Yahoo Finance article. “QOEG is a beneficiary of that growth.”
How “Mommy Influencer” is Responsible for Organic Growth
Word of mouth is a powerful force. QOEG builds brand awareness by paying influencers when their referrals end up buying their products. The influencers aren’t necessarily customers, so it’s not an affiliate sales program. It’s known in marketing circles as fission sales.
In a fission sales model, 85% of the value of a brand is created by the salesperson, similar to a mother teaching her child about the intricacies of life. Ideally, the salesperson in this case is reaching out to other salespeople, ensuring exponential growth.
To support “Mommy Influencer,” Quality Online Education Group is cultivating B2B sales by offering cost-effective tutoring services. Their most popular product is called “Maple Fun Learning,” which is an English curriculum tailored to the needs of Chinese students.
In 2019, the Qianzhan Industry Institute released a study of online education that predicted a 19% growth rate in K-12 e-learning students during 2020. That was before the pandemic. The total number of K-12 students in China, or the potential market size, is over thirty million.
Awards Keep Coming as QOEG Hits Company Milestones
Quality Online Education Group has received multiple awards for their online education products, including the 2019 Tencent Award for “Influential Online Education Brand”, a spot on the Silicon Review’s “30 Most Reputable Companies” list in January of 2021, “Most Outstanding Online E-Learning Platform in Canada 2021” by Corporate Vision Magazine in February and “10 Best Innovative Companies to Watch in 2021” by CIOCoverage Magazine in April.
Since opening their Canadian headquarters in August of 2018, the company has expanded to Tianjin with the opening of a customer service and operations center and made preparations to open a research center at the University of Toronto and an Artificial Intelligence Lab at Concordia University. They have also opened the Dalian Center in China as well as a teacher training center in the Philippines.
Through all of that, QOEG has continued to thrive and grow. They acquired Panda Online in January of 2020 and officially listed on the US OTC Market in September 2020 under their parent company, ADGS Advisory.
Establishing a Global Interdisciplinary Integrated Platform
Each phase of the growth process of QOEG as a company has been a step towards achieving their goal of creating a global interdisciplinary integrated platform. This includes intelligent course management, teacher training, and learning behavior analysis.
The service and quality of the lessons are the key drivers in the “Mommy Influencer” sales process. A good example of this is what’s happening in QOEG’s teacher center in the Philippines. The Company provides training to the teachers there in order to deliver standardized and high-quality service to customers.
The online learning is a full experience that includes pre class exercises, online lessons and post class exercises with a dedicated teaching assistant and tutor for each student. It supports full PC and mobile solutions to enhance the learning experience.
CEO Edward Wu describes the QOEG platform as “a uniquely comprehensive online learning experience in the form of a customized “edu-tainment” curriculum.” They employ native English-speaking teachers that benefit from the latest AI technology and big data analytics.
Quality Online Education Group has been recognized by multiple organizations and business networks for providing comprehensive online English lessons to students in China. They are in the process of expanding to other countries where those same services are needed.
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As we close out 2024, the fintech industry continues to deliver headlines that underscore its dynamism and innovation. From IPO aspirations to groundbreaking regulatory milestones, today’s updates highlight the transformative power of fintech partnerships, regulatory evolution, and disruptive technologies. Here’s what you need to know.
Chime’s Quiet Step Toward Public Markets
Chime, the U.S.-based financial technology startup best known for its digital banking services, has taken a significant step by filing confidential paperwork for an initial public offering (IPO). As one of the most valuable private fintechs in the U.S., Chime’s move could potentially signal a renewed appetite for fintech IPOs in a market that has been cautious following fluctuating valuations across the tech sector.
With a valuation that reportedly exceeded $25 billion in its last funding round, Chime’s IPO could set a new benchmark for the industry. Observers note that its strong customer base and revenue growth may make it an appealing choice for investors seeking to capitalize on the digital banking boom. However, the timing and success of the IPO will depend on broader market conditions and the regulatory landscape.
Source: Bloomberg
ZBD’s Pioneering Achievement: EU MiCA License Approval
ZBD, a fintech company specializing in Bitcoin Lightning network solutions, has made history by becoming the first to secure an EU MiCA (Markets in Crypto-Assets Regulation) license. This landmark approval by the Dutch regulator positions ZBD at the forefront of compliant crypto-fintech operations in Europe.
MiCA, which aims to harmonize the regulatory framework for crypto-assets across the EU, has been a focal point for industry players aiming to establish legitimacy and expand their offerings. ZBD’s achievement not only validates its operational rigor but also sets a precedent for other fintech firms navigating the evolving regulatory landscape.
Industry insiders view this as a strategic advantage for ZBD as it broadens its footprint in Europe. By leveraging its regulatory approval, the company can accelerate its product deployment and establish trust with institutional and retail users alike.
Source: Coindesk, PR Newswire
The Fintech-Credit Union Synergy: A Blueprint for Innovation
The convergence of fintechs and credit unions continues to reshape the financial services ecosystem. Collaborative initiatives, such as the one highlighted in the recent partnership between fintech innovators and credit unions, are proving to be a potent force in delivering tailored financial solutions.
This “dream team” approach allows credit unions to leverage fintech’s technological expertise while maintaining their community-focused ethos. Key areas of collaboration include digital payments, personalized financial management tools, and enhanced loan processing capabilities. These partnerships not only enhance member engagement but also enable credit unions to remain competitive in an increasingly digital-first financial environment.
Industry analysts emphasize that such collaborations underscore a broader trend of traditional financial institutions embracing fintech-driven solutions to bridge service gaps and foster innovation.
Source: PYMNTS
Tackling Student Loan Debt: A Fintech’s Mission
Student loan debt remains a pressing issue for millions of Americans, and a Rochester-based fintech aims to offer relief through its cloud-based platform. This innovative solution is designed to simplify loan management and provide borrowers with actionable insights to reduce their debt burden.
The platform’s features include repayment optimization tools, personalized financial education, and seamless integration with loan servicers. By addressing the complexities of student loan management, this fintech is empowering borrowers to make informed decisions and achieve financial stability.
As the student loan crisis continues to evolve, solutions like this highlight the critical role fintech can play in addressing systemic financial challenges while fostering financial literacy and inclusion.
Source: RBJ
Industry Implications and Takeaways
Today’s updates underscore several key themes shaping the fintech landscape:
- Regulatory Milestones: ZBD’s MiCA license approval exemplifies the importance of regulatory compliance in unlocking growth opportunities.
- Strategic Partnerships: The collaboration between fintechs and credit unions demonstrates the value of combining technological innovation with traditional financial models to drive customer-centric solutions.
- Market Opportunities: Chime’s IPO move reflects a potential revival in fintech public offerings, signaling confidence in the sector’s long-term prospects.
- Social Impact: Fintech’s ability to tackle systemic issues, such as student loan debt, showcases its role as a force for positive change.
The post Fintech Pulse: Your Daily Industry Brief (Chime, ZBD, MiCA) appeared first on News, Events, Advertising Options.
Leading global payments platform SPAYZ.io has confirmed it will be attending iFX EXPO Dubai 2025 on 14 to 16 January. Exhibiting at Stand 64 at Trade Centre Dubai, SPAYZ.io’s team of professionals will be on hand providing live demonstrations of its renowned payment services for payment providers. Attendees will also receive exclusive insight into SPAYZ.io’s plans for 2025 alongside early early access to its upcoming plans for the new year.
SPAYZ.io delivers a host of payment solutions that leverage the latest technological innovations and open access to the fastest growing emerging markets across Africa, Europe and Asia. Over the past year, there has been huge demand for its Open Banking and local payment method services, alongside bank transfers, mass payouts, online banking and e-wallets.
Yana Thakurta, Head of Business Development at SPAYZ.io commented: “We look forward to once again participating at iFX Dubai to expand our network of partners and clients. It’s a fantastic way to kick off the year, connecting with thousands of industry leaders from FOREX platforms to trading companies, and everything in between.
“Our key goal for iFX Dubai EXPO 2025 is to expand our portfolio of solutions and geographies. We’re using this as an opportunity to partner with like-minded entities who share our ambition to provide payment solutions that are truly global.”
Come meet SPAYZ.io’s team at the Trade Centre Dubai at Stand 64. You can also book a meeting slot with a member of a team.
The post SPAYZ.io prepares for iFX EXPO Dubai 2025 appeared first on News, Events, Advertising Options.
Airtm, the most connected digital dollar account in the world, is proud to announce the addition of two distinguished industry leaders to its Board of Directors: Rafael de la Vega, Global SVP of Partnerships at Auctane, and Shivani Siroya, CEO & Founder of Tala. These appointments reflect Airtm’s commitment to innovation and financial inclusion as the company enters its next phase of growth.
“We are thrilled to welcome Rafael and Shivani to Airtm’s Board of Directors,” said Ruben Galindo Steckel, Co-founder and CEO of Airtm. “Their unique perspectives and proven track records will be invaluable as we continue scaling our platform to empower individuals and businesses in emerging markets. Together, we’ll push the boundaries of financial inclusion and innovation to create a more connected and equitable global economy. Rafael and Shivani bring a wealth of experience and strategic insight that will strengthen Airtm’s mission to connect emerging economies with the global market.”
Rafael de la Vega, a seasoned leader in fintech global partnerships and technology innovation, is currently the Global SVP of Partnerships at Auctane. With a proven track record of delivering scalable, impactful solutions at the intersection of fintech, innovation, and commerce, Rafael’s expertise will be pivotal as Airtm continues to grow. “Airtm has built a platform that breaks down barriers and opens up opportunities for people in emerging economies to connect to global markets. I am excited to contribute to its growth and help further its mission of fostering financial inclusion on a global scale,” said Rafael.
Shivani Siroya, CEO and Founder of Tala, is a pioneer in financial technology, renowned for empowering underserved communities through access to credit and essential financial tools. Her leadership in leveraging data-driven innovation aligns seamlessly with Airtm’s vision of creating more equitable financial opportunities. “Empowering underserved communities has always been at the core of my work, and Airtm’s mission resonates deeply with me. I’m thrilled to join the Board and work alongside such a dynamic team to expand access to financial tools that truly make a difference in people’s lives,” said Shivani.
The post Airtm Enhances Its Board of Directors with Two Strategic Appointments appeared first on News, Events, Advertising Options.
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