Newnote Financial Enables Cointrader.net Users to Deposit Funds at Money-Mart Stores giving Cointrader.net the largest cash deposit reach of any exchange in Canada
Vancouver, British Columbia (FSCwire) - Newnote Financial Corp. (the “Company”), (CSE: NEU; OTCQB: NWWTF; FSE: 1W4) is pleased to announce the company has engaged the services of Taype International, a well-established payment processor in Canada. Newnote and Taype have integrated an exciting new funding option to its wholly owned Bitcoin exchange Cointrader.net, including National Money Mart, which has over 500 branches in Canada. The new funding option also includes all Cash Money and Insta-Cheque locations across Canada. This new partnership and funding option gives Cointrader’s users a much easier way to deposit money into their exchange accounts, and it opens the door for new future services.
National Money Mart Company, commonly known as Money Mart, is a Canadian financial services company that provides payday loans, cheque cashing, tax preparation, and money transfer services to the underbanked. MONEY MART’s parent company, Dollar Financial Group, Inc., owns and operates the largest international network of retail financial services stores, with over 1,335 locations in Canada, the United States and the United Kingdom.
In addition, the Company intends to make available its wholly owned cloud mining service, NewnoteMiners.com, to parties interested in its acquisition. Due to the depreciation in the price of Bitcoin in recent months, mining Bitcoin is no longer profitable and therefore new accounts have declined substantially. The proprietary underlying technology we developed is still very useful for a variety of applications, and has value in its own right.
