KinerjaPay Corp (fka KPAY)

[M24]

Former Vice Chairman of the NASDAQ, David Weild, Joins Advisory Board of KinerjaPay, Indonesia's First U.S. Publicly Traded Company
Weild to Lead Board's Effort to Facilitate the Expansion of the Company's E-Commerce Platform

NEWS PROVIDED BY
KinerjaPay Corp.
JAKARTA, Indonesia, PRNewswire/ --

KinerjaPay Corp., (OTCQB: KPAY), a digital payment and ecommerce platform, ("KinerjaPay" or the "Company") today announced that David Weild, former Vice Chairman of the NASDAQ, has joined the Company's Advisory Board.

Mr. Weild currently serves is Chairman and CEO of Weild & Co. He is the former Vice Chairman of NASDAQ and head of investment banking and equity capital markets at Prudential Securities and the former President of PrudentialFinancial.com.

Mr. Weild co-authored a number of studies evaluating the impact of the modern electronic markets on the decline in equity capital formation that have been referred to by the White House, U.S. Congress, U.S. Securities and Exchange Commission, the European Commission, the Organization of Economic Cooperation and Development, the Federation of European Securities Exchanges, the G-20, the Budapest Economic Forum and numerous stock exchanges in North and South America, Europe and Asia. These studies have also been credited with contributing to the creation of the JOBS Act.

Commenting on his appointment, Mr. Weild said, "Indonesia represents one of the largest opportunities in the e-commerce sector. It is the fourth largest country in the world by population with a GDP just under $1 trillion, yet its citizens are largely underserved by the banking industry and less than 10% even have credit cards. KinerjaPay has found a way to bridge that gap, for both consumers and businesses, and I look forward to working the Company to expanding their platform across Indonesia and Southeast Asia."

Edwin Ng, Chairman and CEO for KinerjaPay Corp. commented, "We are so pleased to welcome David to the KinerjaPay Advisory Board. He has spent much of his career focusing on accelerating economic growth and improving competitiveness in the financial markets, and I expect that we will benefit greatly from his expertise as we seek to manage the accelerating growth of our user base and add services to the KinerjaPay platform."

Mr. Weild earned his MBA from the Stern School of Business and a BA in Biology from Wesleyan University and studied on exchange at The Sorbonne, Ecole des Haute Etudes Commerciales and The Stockholm School of Economics. He is also Chairman Emeritus of Tuesday's Children (http://www.tuesdayschildren.org), the noted 9/11 charity that also provides support to US military families of the fallen, first responders and set up the Resiliency Center of Newtown.

About KinerjaPay

KinerjaPay enables consumers to "Pay, Play and Buy" through its secure web portal and mobile applications. Based in Indonesia, the Company provides easy and convenient payment solution while shopping online at its marketplace platform. With its current omni-channel platform, users can perform various payment services such as credit card bill payment, utility, phone bill, healthcare insurance and direct transfer to anyone at their convenience. KinerjaPay is also planning to launch other eCommerce verticals such as travel market, delivery services, and online gaming in the near future. The Company's services are available through its mobile applications and on its website at http://www.kinerjapay.com.