BEIJING, Oct. 14,
2022 /PRNewswire/ -- WeTrade Group Inc.
("WeTrade" or the "Company") (NASDAQ: WETG), a global diversified
"software as a service" ("SaaS") technology service provider which
is committed to providing technical support and digital
transformation tools for enterprises across different industries,
today announced that it has entered into multiple strategic
cooperation framework agreements (the "Agreements") with Second Pay
Financing Inc.(1), Manny's Money Remittance and Forex Services Inc.
(2), Supay Fintech Ltd. (3) and Web3zero Limited (4) to establish
strategic alliances (the "Alliances") for global e-commerce and
payment business.
The Company and allies of the Alliance agree to share resources,
jointly develop global users and service users, promote various
technical discussions on social e-commerce and financial
technology("FinTech"), and formulate standards in relevant
fields.
Mr. Pijun Liu, Chief Executive Officer of the Company,
commented, "Social ecommerce has become increasingly popular for
consumers worldwide. Additionally, convenient cross-board payment
options are crucial for global users. We are very excited to
establish Alliances with our partners as they are all experts in
FinTech industry. Their capabilities will provide solid
support for the future growth of our Alliances. We look forward to
providing users with more methods to improve their visibility in
the global market and more options to increase their payment
flexibility. We expect the Alliances will strength our market
position, improve our brand awareness and create value for our
shareholders."
(1) A Philippines-based FinTech payment
company.
(2) A FinTech company offering money transfer
service for individuals and institutions.
(3)A New Zealand-based FinTech company.
(4) A FinTech company providing cloud-based payment
infrastructure to serve digital commerce merchants in sectors such
as e-Sports/i-Games/Forex, Metaverse, NFTs, & the traditional
e-commerce.
About WeTrade Group Inc.
WeTrade Group Inc. is a global diversified "software as a
service" ("SaaS") technology service provider which is committed to
providing technical support and digital transformation tools for
enterprises across different industries. The three main business
segments of the Company are YCloud, WTPay and Y-Health.
YCloud is a micro-business cloud intelligent system launched by
WeTrade, serving global micro-business industry. YCloud strengthens
users' marketing relationship and CPS commission profit management
through leading technology and big data analysis. It also helps
increase the payment scenarios to increase customers' revenue by
multi-channel data statistics, AI fission and management as well as
improved supply chain system.
Independently developed by the Company, WTPay supports multiple
methods of online payment and eight mainstream digital wallets in
over 100 countries to help customers quickly realize global
collection and payment business. Customers can use WTpay for global
acquiring business, global store opening, global payment
collection, international banking, global remittance and currency
exchange.
Under its global public health business sector Y-Health, the
Company engages in developing global business for biological health
and medical enterprises. Currently, Y-Health mainly focuses on
detection and prevention of epidemic, daily healthcare, traditional
Chinese medicines, and others.
For more information, please visit
https://ir.wetg.group.
Forward-Looking Statements
This press release contains information about the Company's
view of its future expectations, plans and prospects that
constitute forward-looking statements. Actual results may
differ materially from historical results or those indicated by
these forward-looking statements as a result of a variety of
factors including, but not limited to, risks and uncertainties
associated with its ability to raise additional funding, its
ability to maintain and grow its business, variability of operating
results, its ability to maintain and enhance its brand, its
development and introduction of new products and services, the
successful integration of acquired companies, technologies and
assets into its portfolio of products and services, marketing and
other business development initiatives, competition in the
industry, general government regulation, economic conditions,
dependence on key personnel, the ability to attract, hire and
retain personnel who possess the technical skills and experience
necessary to meet the requirements of its clients, and its ability
to protect its intellectual property. The Company's encourages
you to review other factors that may affect its future results in
the Company's annual reports and in its other filings with the
Securities and Exchange Commission.
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SOURCE WeTrade Group INC