Future FinTech Group Inc., a leading blockchain-based e-commerce business and a fintech service provider, announced that its subsidiary, Â FTFT UK Limited, has entered into an agreement with Mastercard to partner on the impending launch of the FTFT Orbit e-money platform and Orbit Debit Mastercard, issued via FTFT UK’s partners.
Mr. Shanchun Huang, Chief Executive Officer of Future FinTech, said, “The agreement with Mastercard greatly strengthens the launch of our digital finance business in the UK. We are developing a leading-edge financial services ecosystem to better serve individual consumers and businesses alike. Our goal is to become a leading financial technology company that provides customers with high-quality and all-inclusive digital finance services with superior user experiences.”
Latest Fintech News: Flywire Partners with Adapt IT to Digitize International Education Payments in South Africa
Since August 2021, FTFT UK has been working to develop a financial ‘super app’, the FTFT Orbit, which will include a wide range of personal digital financial products and services beyond the standard mobile payments and international transfers, including membership rewards, on-the-spot discounts, social financing, and many more potentially industry-disruptive applications. The FTFT Orbit also features a unique customer KYC and on-boarding flow, providing international customers entering the UK exceptional convenience and practicality.
The FTFT Orbit e-money platform is still subject to regulatory registration in UK. Once regulatory registration and technical collaborations are finalized, FTFT UK will officially launch the beta version of FTFT Orbit.
Latest Fintech News: Sage Adds New AI Machine Learning Capability to Bolster Fintech Growth in 2022
About Future FinTech Group Inc.
Future FinTech Group Inc. is a leading blockchain e-commerce company and a service provider for financial technology incorporated in Florida. The Company’s operations include a blockchain-based online shopping mall platform, Chain Cloud Mall (“CCM”), supply chain financing and services and cryptocurrency market data services. The Company is also engaged in the development of blockchain based e-Commerce technology and cryptocurrency mining as well as financial service technology.
Latest Fintech News: Announcing Tabit, Canada’s First B2B BNPL Solution at Point-of-Sale
[To share your insights with us, please write to sghosh@martechseries.com]
