10:30 AM EST - RevoluGROUP Canada Inc. : Announced that RevoluPAY S.L. has signed a Definitive Agreement ("DA") with BBVA ("BTS"), on July 20th 2020. The DA, approved between RevoluPAY CEO, Alfredo Manresa and, Aurora Garza Hagan, CEO of BBVA Transfer Services ("BTS") permits, with immediate effect, RevoluPAY® family remittances at over 60,000 points of sale ("POS") agencies offered by www.bbvatransferservices.com in Mexico, Brazil, Argentina, Colombia, Dominican Republic, Panama, Bolivia, Ecuador, Guatemala, Honduras, Nicaragua, Peru, Paraguay, El Salvador, and Uruguay. The parties have agreed upon delivery commissions payable to BBVA ("BTS"), independent of the amount sent and per individual beneficiary delivery and origination via RevoluPAY for the countries mentioned above. As per the news release dated 25th May 2020, the parties completed the technology integration into an unreleased version of RevoluPAY, approved by BBVA. The Company will imminently release this BBVA version for Apple and Android devices to commence remittance flows. The upcoming version also incorporates a multi-currency user experience. RevoluGROUP Canada Inc.
shares V.REVO are trading up 6 cents at $0.39.
