VANCOUVER, CANADA, Voleo Inc. (“Voleo”, the “Company”), is pleased to receive the 2019 Best Stock Trading App Award in the Investment Category from FinTech Breakthrough, an independent California-based organization that recognizes the top fintech companies and products in the financial services and technology industry. The award acknowledges the development and innovation that Voleo has achieved in the past year to deliver consumers a one-of-a-kind investing experience.
As a FinTech Breakthrough Award winner, Voleo will receive industry-wide recognition and co-marketing promotion through media and analyst outreach. In addition, participating in the highly-competitive Fintech Breakthrough Program builds valuable exposure to support the growth of Voleo’s organic user base in the U.S.A, where Voleo has launched its consumer-facing mobile and web investing platform. The award comes as Voleo prepares to go public through a reverse takeover transaction with Logan Resources Ltd. (see news release dated January 15, 2019 for the latest update).
“Winning the Best Stock Trading App Award represents Voleo’s success, so far, as a growing technology that combines the online brokerage model with social media. The FinTech Breakthrough Program recognizes Voleo’s ability to create the best experience for our users, making Voleo an attractive white-label solution for the banking sector, globally and especially in the U.S.A, where our subsidiary is a FINRA member,” commented Voleo CEO, Thomas Beattie. “On behalf of Voleo, I would like to thank FinTech Breakthrough and to congratulate the other award recipients who join us in the 2019 FinTech Breakthrough Program,” added Mr. Beattie.
James Johnson, Managing Director at FinTech Breakthrough, stated, “With over 3,500 nominations this year, coming in from all over the world, the FinTech Breakthrough judges, ultimately, selected Voleo for the Best Stock Trading App Award because they demonstrate a clear understanding of what will make a difference to the user investing experience, which then allows Voleo to adapt its millennial-friendly app to its B2B financial partners. Voleo was assessed by an independent panel of experts who have earned a reputation for fairness and credibility, and are committed to determining the break through winners for each award category.”
About FinTech Breakthrough
FinTech Breakthrough, part of the Tech Breakthrough Awards organization, is an independent awards and recognition platform devoted to honoring excellence in Financial Technologies and Services companies and products. The FinTech Breakthrough Awards provide public recognition for the achievements of FinTech companies and products in categories including Investments, Payments, Personal Finance, Wealth Management, Fraud Protection, Banking, Lending, RegTech, InsurTech and more.
For more information on FinTech Breakthrough, please visit http://www.FinTechBreakthrough.com.
About Voleo Inc.
Voleo is a Canada-based mobile fintech company that is transforming the retail investing space through its powerful, collaborative investing platform. Voleo's equity trading platform operates on native iOS and Android devices, as well as a companion web application. Voleo has increased retail investor participation in the stock market by breaking down barriers to entry, facilitating trust and improving financial literacy. The product is being white-labeled by major financial institutions around the world as an innovative product to engage and retain a new category of investors.
For more information on Voleo, please visit our Investor Relations website at https://ir.myvoleo.com.
Voleo has entered into an agreement, dated January 29, 2018, with Logan Resources Ltd (LGR: TSX-V) with respect to a business combination as more fully described in Logan Resources Ltd’s news release dated January 30, 2018.
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.
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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.