NEW YORK, Sept. 13, 2018 /PRNewswire/ -- Ideanomics
(Seven Stars Cloud Group, Inc.) (NASDAQ: SSC) ("Ideanomics" or the
"Company"), a leading global fintech and asset digitization
services company focused on digital asset production and
distribution, has today announced its agreement to acquire the
secure communications and information platform FinTalk
(http://fintalk.com/).
FinTalk serves two critical business use cases. First, FinTalk
will provide integrated B2B financial technology communications and
AI-enabled financial information services and financial data
analytics. One of the first business implementations of FinTalk
will be in support of Ideanomics' recent joint venture with
Asia Times. Tying well into Ideanomics'
strategy, FinTalk's integration into Asia
Times will enable the English-language, pan-Asia news platform to deploy a strong suite of
financial technology services and enable the building of a
financial institutional community.
Second, FinTalk will support a number of B2C business use cases
providing both secure messaging and consumer financial services to
a wide scale retail user base. FinTalk's consumer-facing technology
will provide valuable curated financial information, access to
digital loyalty products, and consumer financial services, which
will include the ability to access digital asset investment
products and connect with an investor and financial advisor
community.
Currently in active Beta, FinTalk provides a secure channel for
critical services in financial markets that are currently not
available through popular social platforms, including "burn after
reading" text and media messaging, video conferencing,
subscription-based information services, and consulting services
channels.
A critical component of the FinTalk solution is that it will
work in parallel with a secure enterprise blockchain network. All
messaging is end-to-end encrypted and built on an open
architecture. FinTalk is able to expand the scale of services and
tools available on its platform to further appeal to its audience
of investors and financial services professionals. FinTalk's active
Beta is currently available on iOS at Apple's App Store, and will soon be available on
Android, for use on mobile devices.
Each FinTalk deployment will be integrated into a secure
enterprise blockchain network. Every corporation that subscribes to
FinTalk will receive their own deployment as a node, which will
strengthen the larger blockchain network.
Ideanomics Chairman and Co-CEO, Bruno
Wu, "FinTalk is a symbiotic addition to the Ideanomics
family, as it will enable next-generation communication,
collaboration, information consumption, and consulting outreach
interactivity for the financial services community in the digital
economy. FinTalk's innovative platform and forward-thinking service
delivery is aligned with Ideanomics' objectives of empowering and
enabling blockchain-based asset digitization, and it will serve as
a primary channel for easy-to-use, secure, information exchange and
decision-making between investors and financial services
professionals. We are extremely excited to have them onboard as an
integral part of Ideanomics fintech family, which will complement
our joint venture with Asia times
as well as enable us to meaningfully penetrate retail-based
consumer financial services and product distribution."
About Ideanomics
Seven Stars Cloud Group, Inc. (to be renamed Ideanomics),
(NASDAQ: SSC) (http://www.ideanomics.com/)
Ideanomics is determined to become one of the most prominent
global digital asset companies. Relying on its core base of fintech
and digital asset production and services-based ecosystem
enablement, Ideanomics is committed to delivering the best digital
assets via the best underlying technology. This approach will drive
capital formation and sales across our digital asset
ecosystems.
Ideanomics customizes its technology platform for various
business use cases, operates the Platform-as-a-Service (PaaS), and
partners with businesses that deliver core digital asset product
creation.
We are focused on delivering a global multi-layer technology
infrastructure ecosystem that issues, trades, and settles digital
asset transactions. We will leverage direct sales channels and
automated sales systems via digital asset exchange platforms which
is inclusive of decentralized exchanges to realize digital asset
distribution, social media, traditional regulated broker dealer
network as well as institutions as direct clients.
About FinTalk (http://fintalk.com/)
FinTalk is a privately-held technology company, focused on building
next-generation communication and collaboration tools for the
financial services market. Taking the ease of use and convenience
of social apps, used by billions of people every day for their
communication needs, FinTalk augments established secure use cases
and workflows with tools and capabilities to enable enhanced
communications between investors and institutions.
Safe Harbor Statement
This press release contains certain statements that may include
"forward looking statements". All statements other than statements
of historical fact included herein are "forward-looking
statements." These forward-looking statements are often identified
by the use of forward-looking terminology such as "believes,"
"expects" or similar expressions, involve known and unknown risks
and uncertainties. Although the Company believes that the
expectations reflected in such forward-looking statements are
reasonable, they do involve assumptions, risks and uncertainties,
and these expectations may prove to be incorrect. You should not
place undue reliance on these forward-looking statements, which
speak only as of the date of this press release. The Company's
actual results could differ materially from those anticipated in
these forward-looking statements as a result of a variety of
factors, including those discussed in the Company's periodic
reports that are filed with the Securities and Exchange Commission
and available on its website (http://www.sec.gov). All
forward-looking statements attributable to the Company or persons
acting on its behalf are expressly qualified in their entirety by
these factors. Other than as required under the securities laws,
the Company does not assume a duty to update these forward-looking
statements.
Media Contacts
Ideanomics
Email: pr@sevenstarscloud.io
IR Contacts
Federico Tovar, CFO Ideanomics
Chad Arroyo, CMO and CPO
Ideanomics
Email: ir@sevenstarscloud.com
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SOURCE Ideanomics (Seven Stars Cloud Group, Inc.)