KinerjaPay Corp. (OTC QB: KPAY) Announces Partnership with 62hall – Forecasts 66% Growth by Q2 2017
16 September 2016 - 1:00PM
InvestorsHub NewsWire
KinerjaPay Corp. (OTC
QB: KPAY) Announces Partnership with 62hall – Forecasts 66%
Growth by Q2 2017
Miami, FL -- September 16, 2016 -- InvestorsHub NewsWire --
EmergingGrowth.com, a leading independent small cap
media portal with an extensive history of providing unparalleled
content for the Emerging Growth markets and companies, reports on
KinerjaPay Corp. (OTCQB:
KPAY).
62hall has over 700 online stores under its brand.
Over 1400 Products, and 1,000 types of Services
KinerjaPay Corp. (OTCQB:
KPAY) is new to EmergingGrowth.com.
KinerjaPay Corp. (OTCQB:
KPAY), an ecommerce / digital payment company which allows
consumers to “Pay, Play and Buy,” just announced a partnership with
62hall which has over 700 white label online stores under its brand
which offer over 140,000 products and more than 1,000 types of
services.
The goal of the partnership is to reach 1 million products and
10,000 types of various services by 2016 year end.
Currently KinerjaPay Corp. (OTCQB:
KPAY), has 60,000 current members and is forecasting 100,000
members by Q2 2017.
In
addition, management is forecasting around 2,000 daily transactions
on its e-commerce platform, which will initially generate around
$5.00 in revenue per user. However, KinerjaPay Corp. (OTCQB:
KPAY) expects to see revenue per user rise to $15.00, as 2017
progresses.
KinerjaPay Corp. (OTCQB:
KPAY) is also the first e-commerce website in Indonesia to
accept Bitcoin as a form of currency, through its partnership
with Bitcoin
Indonesia. Through the
partnership, KinerjaPay Corp. (OTCQB:
KPAY) will not only allow Bitcoin holders to convert virtual
currency to Indonesian Rupiah in order to make digital payments,
but the company is also planning a Bitcoin mining platform for
consumers.
KinerjaPay Corp’s partnership with
Bitcoin Indonesia opens the door to Bitcoin Indonesia’s
150,000 Account holders and potential customers.
Overall, KinerjaPay Corp. (OTCQB:
KPAY) stands to benefit from its three-prong business model,
consisting of digital payment solutions, e-commerce marketplace,
and gaming rewards/loyalty program. Considering the global digital
payment industry is forecast to see revenues expand to $1.08
trillion and the relatively untapped Indonesian digital payment
market, KinerjaPay Corp. (OTCQB:
KPAY) is prime to benefit in a region where more prominent U.S.
digital payment options are not as popular.
Other Emerging Growth
News
MGT Capital Investments,
Inc.
MGT
Capital Investments (NYSE:
MGT), Inc. has been a phenomenon since May this year when the
stock climbed from the .20’s to almost $6.00 per share before
settling between the $3-4 dollar mark. EmergingGrowth.com first covered the story on May
9th.
link:
http://emerginggrowth.com/john-mcafee-returns-to-public-markets-as-mgt-capital-agrees-to-acquire-securityprivacy-technology/
EG
than followed up two day later with a spotlight on John McAfee
Himself. Link: http://emerginggrowth.com/emerginggrowth-com-spotlight-on-john-mcafee-rockstar-ceo/
It’s all about being at the right place at
the right time. Check out KinerjaPay (OTCQB:
KPAY)
Fannie Mae
Let’s
talk Finance, Let’s talk Payments. Fannie Mae (OTCQB:
FNMA), is a government-sponsored enterprise that was chartered
by Congress in 1938 to support liquidity, stability and
affordability in the secondary mortgage market, where existing
mortgage-related assets are purchased and sold.
After
four straight down trading sessions, the company saw an uptick to
the tune of almost 10% on news and an 8K from the day prior.
Sell on the news?
Look at KinerjaPay (OTCQB:
KPAY). Payment Processing, where it’s lacking the
most.
Amarin Corporation
Amarin Corporation (NASDAQ:
AMRN) noticed a 20% drop on Monday following their announcement
their REDUCE-IT Cardiovascular Outcomes Study of
Vascepa.
The
stock had it’s ups and downs on heavy volume since the end of July,
raning 56% from $2.19 through 3.43 per share. The
candlesticks resemble a bit of stabilization around the $2.70
mark.
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