Thursday, May 09, 2019 12:29:43 PM
Website http://www.qpagos.com
Business Description:
QPAGOS delivers state-of-the-art digital payment services to consumers and service providers in Mexico where 60% of the adult population does not have a bank account and where 80% of personal payments are made in cash.
It operates a proprietary network of self service kiosks, point-of-sale terminals and mobile apps.
Over 160 service providers accept payments through the QPAGOS network including every mobile network like TELCEL and MOVISTAR, cable operators like SKY and DISH Network, national housing lender Infonavit, and government bureaus like State of Queretaro, State of Mexico, and Mexico City.
QPAGOS Reports 101% Year over Year Revenue Growth for 2018
Mexico City and Boca Raton, FL, April 10, 2019 QPAGOS (QPAG: OTCQB) reported yesterday another strong year as USGAAP revenue grew 101% to $7,936,273 for the year ended December 31, 2018 from $3,941,273 in 2017.
Market Potential Mexico: More Than Half of the Households Don't have a Bank Account
https://qz.com/1299292/financial-inclusion-nearly-half-of-the-worlds-population-still-doesnt-use-a-bank-account/
Investor presentation
https://d1io3yog0oux5.cloudfront.net/_d1116ca99b422b977007858dcc845bd1/qpagos/db/234/2088/pdf/QPagos+Investor+Deck+Q2+2018+June+2018.pdf
Interview about US plans:
https://www.proactiveinvestors.com/companies/stocktube/10454/digital-payments-company-qpagos-moving-into-the-us-market-10454.html
Ceo response:
Authorized Shares 500,000,000
Outstanding Shares 126,451,798
Unrestricted 66,096,629
Ceo videos 2018 on Fox News and IMTC conference Miami, November 2018:
Business:
Daily Chart:
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