(TheNewswire)
Oslo – TheNewswire - March 10, 2022 – ZeU Technologies Inc. (CSE:ZEU) (CNSX:ZEU.CN) (OTC:ZEUCF) isplease to disclose that ZeUPay has signed anagency agreement with NIUM UAB, an EU/Singapore-based payment cardissuer and a key player in the digital banking industry.
ZeUPay is in the process of completing its infrastructure to be ableto operate as a global digital bank. ZeUPay’s suppliers providenecessity in licensing, systems, and technology scalable for globalgrowth. The aforementioned agreement is intended to support ZeUPay’snew digital banking & payment platform.
ZeUPay is a mobile-based digital bank that includes internationalpayment debit cards and is accessible to use in over 30 millionlocations worldwide. ZeUPay expects to launch later in 2022 in theEuropean Union eurozone countries and other parts of the EuropeanUnion (EU) and European Economic Area (EEA). ZeUPay will later rollout in other upcoming markets.
ZeUPay's management is currently preparing a financing needed toredeploy its service later this year. The details of the financingwill be disclosed in the coming weeks. The offering will be availableto institutions and accredited investors. It will close prior toZeUPay filing a Plan of Arrangement by the end of summer 2022.
ON BEHALF OF THE BOARD OF DIRECTORS
“Ronald Aldor Eriksen”
Ronald Aldor Eriksen
Director
About ZeUPay
We accelerate the transition to individual financial inclusion andbuild effective cross-border banking for SMEs and other smallbusinesses through innovation. Powered by digital technology andstrategic partnerships, we will deliver day-to-day financial servicesin a competitive, safe and sustainable way. Learn more about ZeUPay atwww.zeupay.com.
ZeUPay is a wholly-owned subsidiary of ZeU Technologies.
About ZeU
ZeU is a forward-thinking Canadian technology companythat has developed a state-of-the-art blockchain protocol, providing the foundation for the next-generation ofencrypted and distributed networks. Thanks toits high level of sophistication, ZeU’s technology maximizestransparency, security and scalability as wellas big data management. ZeU’s strategyis to monetize blockchaintransactions in diverse sectors such as payment, gaming, data, and healthcare.
Neither the CSE nor its RegulationServices Provider accepts responsibility for the adequacy oraccuracy of this release.
Copyright (c) 2022 TheNewswire - All rights reserved.