Xalles Holdings (OTC: XALL), a business-development company focused on the payment industry and financial technology, is developing a fintech transaction-support strategy through acquisitions and mentoring. An article discussing the company further reads, “Xalles Holdings is working to become the dominant provider of payment systems by acquiring and mentoring select fintech firms with developing revenue streams and opportunities to boost those revenues. The company’s subsidiaries provide or are preparing to provide investment-management capabilities, post-payment auditing using a proprietary software platform, payment-card financial services and rewards programs that include nonprofit fundraising platforms, among other things. . . . ‘The common element . . . is that every project or company we acquire has a business model that ultimately ends up setting up a payment or financial transaction toll gate of one sort or another,’ CEO Thomas Nash said during a September NetworkNewsAudio interview (http://nnw.fm/1k92M). ‘This could be anything from technology licensing fees, it could be transaction fees, it could be getting a percentage on a revenue share of volume and transactions that are passing through some form of electronic or other brick and mortar commerce transactions.’
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About Xalles Holdings Inc.
Xalles Holdings is a holding company that focuses on direct investments in disruptive fintech companies. The company actively seeks acquisition targets in which it can invest and accelerate growth, targeting companies with solid management teams and business models, large total attainable markets (“TAM”) and lucrative exit opportunities. The company places an emphasis on leveraging blockchain technologies to provide industry-leading financial reconciliation and auditing solutions that, over time, will allow for the capture of recurring revenue streams. For more information, visit the company’s website at www.Xalles.com.
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