VANCOUVER, CANADA, Voleo Inc. (“Voleo”, the “Company”), is pleased to announce it is strengthening its B2B capabilities in collaboration with its future partners, including OP Financial Group (“OP”), the largest financial services group in Finland.
Established in the U.S.A as a registered broker-dealer with FINRA and SEC, Voleo has launched its mobile investing app into iOS, Android and web applications and was the first innovator selected to join the Wealthtech Partnership Program of OP Financial Group in November 2018.
As part of the OP Wealthtech Partnership Program, Voleo has been selected to pilot OP’s inaugural social-investing hub. Through this partnership, Voleo will establish its position as a viable fintech solution in open-banking markets globally.
Thomas Beattie, CEO of Voleo, stated, “Fintech is playing a pivotal role in transforming banking services in this new era of ‘smart banking’. Our active participation in various fintech initiatives, including our alliance with OP Financial Group, will accelerate the application of Voleo’s white-label solution for the banking sector, and support the development of fintech offerings in Canada.”
Mark Morabito, Executive Chairman of Voleo, added, “Rapid development in ‘smart banking’ technologies will drive the digital transformation of the financial sector, creating new consumer experiences. Through cross-sector collaboration, we will work closely with our partners to explore opportunities to further support Voleo innovators and accelerate fintech innovation in mobile investing.”
Voleo is well-positioned to help drive the innovation in digital banking and contribute to an improved customer experience for financial institutions. Product developments such as individualized trading, customized product look-and-feel and unique application program interface (API) integrations, allow for General Data Protection Regulation (GDPR)-compliance and ease of integration with banking partners. Voleo’s executive team have entered into detailed discussions with financial institutions globally and continues to expand its product offering through its partnerships.
About Voleo Inc.
Voleo is a Canadian mobile-focused fintech application company on a mission to make investing social through enhancing connectivity, transparency, convenience, and collaboration among investors. Voleo's equity trading platform operates on mobile applications available on iOS and Android smartphone devices plus companion web app. Voleo has increased retail investor participation in the stock market by breaking down barriers to entry, facilitating trust and improving financial literacy.
For more information on Voleo, please visit our Investor Relations website at https://ir.myvoleo.com.
ON BEHALF OF THE VOLEO BOARD
Chief Executive Officer
Voleo Inc. is part of the King & Bay group of companies. King & Bay is a merchant bank that specializes in identifying, funding, developing and supporting growth opportunities in the technology, resource, aviation, and sectors.
For further information regarding this press release, please contact:
Cautionary Note Regarding Forward-Looking Information
Certain statements contained in this release constitute forward-looking statements and forward-looking information (collectively referred to herein as "forward-looking statements") within the meaning of applicable Canadian securities laws. Such forward-looking statements relate to future events or Voleo Inc’s (the “Company”) future performance and the integration of cryptocurrency trading. All statements other than statements of historical fact may be forward-looking statements. Such forward-looking statements are often, but not always, identified by the use of words such as "seek", "anticipate", "budget", "plan", "continue", "estimate", "expect", "forecast", "may", "will", "project", "predict", "potential", "targeting", "intend", "could", "might", "should", "believe" and similar expressions. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Voleo believes the expectations reflected in those forward-looking statements are reasonable but no assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this release should not be unduly relied upon. These forward-looking statements speak only as of the date of this release, or as of the date specified in the documents incorporated by reference into this release, as the case may be. In particular, this release contains forward-looking statements pertaining, but not limited to: expectations as to future operations of the Company, future market trends, growth opportunities, the Company’s go to market strategy, future partnerships, new initiatives and innovations of the Company, product offerings, the expected operations and performance of the Company’s business, expected user growth, and the timing of key development milestones.
With respect to forward-looking statements contained in this release, the Company has made assumptions regarding, among other thing: the accuracy, reliability and applicability of the Company’s business model; the timely receipt of governmental approvals, including the receipt of approval from regulators in Canada and the United States; the timely commencement of operations by the Company and the success of such operations; the ability of the Company to implement its business plan as intended; the legislative and regulatory environments of the jurisdictions where the Company will carry on business or have operations; the impact of competition; and the availability of financing to execute the business plan. The Company has included the above summary of assumptions and risks related to forward-looking statements provided in this release in order to provide investors with a more complete perspective on the Company’s current and future operations and such information may not be appropriate for other purposes.
Readers are cautioned that the foregoing lists of factors are not exhaustive and it would be unreasonable to rely on any such forward-looking statements and information as creating any legal rights, that the statements and information are not guarantees and may involve known and unknown risks and uncertainties, and that actual results may differ (and may differ materially) and objectives and strategies may differ or change from those expressed or implied in the forward-looking statements or information as a result of various factors. The forward-looking statements contained in this release are expressly qualified by this cautionary statement. Except as required by applicable securities laws, the Company is not under any duty and do not undertake any obligation to publicly update or revise any forward-looking statements after the date of this release or to conform such statements to actual results or to changes in the Company’s expectations and the Company disclaims any intent or obligation to update publicly any forward-looking statements, whether as a result of new information, future events or results or otherwise.