WASHINGTON, DC, May 23, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Xalles Holdings Inc. (OTC: XALL), a company focusing on accelerating fintech companies, leveraging blockchain technology for financial reconciliation, and payment auditing solutions, today announces the creation of a new wholly owned subsidiary, Xalles Financial Services Inc.
Xalles Financial Services is designed to develop and acquire financial services companies that will provide a variety of financial services in innovative ways to consumers and businesses. This newly formed platform will bring financial services to people in ways they have never experienced before. This will include bringing financial concepts such as participation in investment funds, cryptocurrencies, security tokens, stocks and bonds, and advanced banking, to a broader audience and through unique delivery methods and mobile solutions, to enable most individuals similar financial opportunities that were once only available to the wealthiest people.
The Xalles team is developing synergies between these new financial service offerings and the distribution networks that are growing within the Fintech Accelerator Program subsidiaries, namely Co-Owners Rewards, Amazing Living, and the Global Savings Network. Xalles aims to take the mystery and accessibility limitations out of the new financial markets. It will use technology and innovation to simplify the user experience and deliver new financial services and solutions to consumers and businesses.
“Our team has taken a key step towards bringing innovative financial services to the many that were once only available to the few,” expressed Thomas Nash, Xalles Holdings CEO. He added, “Through Xalles Financial Services, we will bring big business opportunities to small businesses, and allow everyone the chance to participate in the new and growing wealth building segments of our industry without the consumers and entrepreneurs having to become an expert on all of these new areas.”
Xalles Holdings expects to report progress throughout 2019 about the development and growth of this exciting new business unit.
About Xalles Holdings Inc. (OTC: XALL)
Xalles Holdings Inc. is a holdings company that focuses on direct investments in disruptive fintech companies. The company actively seeks acquisition targets with solid management teams and business models, large total attainable markets (TAM), and lucrative exit opportunities to invest and accelerate growth in. Recently, the company has placed emphasis on leveraging blockchain technologies to provide industry-leading financial reconciliation and auditing solutions, which will allow for the capture of recurring revenue streams over time. For more information visit: http://xalles.com
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