Mobilum Technologies Inc. (“Mobilum” or the “Company”) (CSE: MBLM) (OTC: MBLMF) (FRA: C0B), a technology-driven company making digital assets and cryptocurrencies accessible through traditional finance and payment infrastructure, and the first solution provider of Fiat-to-Dex Tokens rails, is pleased to announce it has signed a strategic services agreement with Binance, the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider with a financial product suite that includes the largest digital asset exchange.
Trusted by millions worldwide, the Binance platform is dedicated to increasing the freedom of money for its users and features an unmatched portfolio of crypto products and offerings. This includes trading and finance, education, data and research, social good, investment and incubation, decentralization and infrastructure solutions.
Under the terms of the agreement, Binance will engage Mobilum’s fully compliant payment institution infrastructure and payment rails providing the acquiring of payment transactions and money remittance services for Binance, more specifically:
- Acquiring payment transactions services provided by Mobilum Pay to Binance connected with processing Payments via the service within the Binance platform
- Money remittance services provided by Mobilum Pay to Binance connected with the execution of transactions
Steven LaBella, Mobilum CEO commented, “The Mobilum team takes great pride in providing a quality suite of services for bridging the traditional world of finance to the digital world of finance. We are delighted to work with Binance, the world’s leading cryptocurrency exchange. That they have entrusted the Mobilum team to help in providing highly efficient, secure, scalable and fully-compliant payments infrastructure / rails to help with payment transactions and money remittance services, is a big accomplishment for our company and shareholders. We look forward to supporting the Binance team and a long-term bilateral partnership.”
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