Innovative Payment Solutions Inc (IPSI)

[Davis_Elite]

Innovative Payment Solutions, Inc. (OTCQB: IPSI) ("Innovative" or the "Company"), a Southern California based fintech company focused on building a 21st century universal digital payment platform, IPSIPay(TM), today announced that its Board of Directors has voted to uplist the Company's shares on NASDAQ.

William Corbett, Chief Executive Officer, commented, "These are exciting days for our company and our shareholders. Over the past year, with the support and trust of our investment banker, our retail and institutional shareholders, we have achieved significant milestones. We have eliminated all our toxic debt, we have raised significant capital, and we have increased our shareholders value. The culmination of these achievements, along with the fulfillment of regulatory standards, warrants the need for our Company to join NASDAQ.