Intellabridge Technology Corp (KASHF)

[1 day sun 4 all]

Intellabridge Technology October 14 - Successful start!

Intellabridge Technology Corporation Product and Business Update
Menlo Park, California; Vancouver, British Columbia and Boulder, Colorado--(Newsfile Corp. - October 14, 2021) - Intellabridge Technology Corporation (CSE: INTL) ("Intellabridge") is pleased to share an update on its Kash product progress, business developments and release of its latest corporate presentation.

Following the successful launch of Kash, with more than 32,000 customers and record customer growth rates, the Company is pleased to announce the release of Version 1.3 which includes feature enhancements and integration with Terra Station wallet, Terraform Labs' official web extension wallet and the most widely adopted wallet in the Terra ecosystem.

The Terra Station integration makes it easy for customers holding assets on Terra Station to move assets into Kash at the click of a few buttons. "With several billion dollars worth of Terra assets on Terra Station, this integration is an important part of our continued strategy to build bridges and open gateways for customers to more easily deposit assets into Kash" explains Intellabridge CEO John Eagleton.

The Company continues to further build out it's product with the goal to create a hybrid banking platform which merges the best of decentralized financial solutions and the best of traditional neo-banking services, with fully integrated fiat bank accounts, debit cards, and a simple user experience.

The Company is rolling out the integrated neo-banking solution and fiat-to-stablecoin onramps, on a country-by-country basis, over the next weeks and months. More country specific information will be announced as those markets are fully operational. Future versions of the product will give users even more flexibility in managing their own finances with hybrid spending, savings and investment solutions and the ability to easily move assets between fiat and stablecoin markets.

Kash is a hybrid digital bank aiming to provide customers with new financial opportunities powered by blockchain. It provides customers with financial solutions that include checking, savings, and investments as its core modules, and advanced technologies that enable real-time transactions, improved accessibility, and lower fees compared to traditional financial products.

The Savings account is based on stablecoin currencies leveraging new DeFi money markets to provide a simple and secure way to save in US dollars and earn high-yield interest at a stable rate using Terra's blockchain technology.

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