VANCOUVER, April 7, 2020 /CNW/ - Canadian-based FinTech
applications company, Interlapse Technologies Corp. (TSXV: INLA /
OTCQB: INLAF), reports strong growth from the Company's owned and
operated, non-custodial, virtual currency platform,
Coincurve.com.
In March 2020, Coincurve posted
its best performing month with an increase of 163% in processed
transactions and an increase of 60% in revenues, compared to the
previous three-month average.
These results do not include any transaction volume or revenue
from the recently announced acquisition of BuyBitcoinCanada.com on
March 31, 2020, which is now being
integrated into the Coincurve platform.
Considering that Coincurve is a relatively new enterprise, which
launched on June 19, 2019 and
currently serves only Canadian customers; the organic growth of the
platform is extremely encouraging.
More importantly, the performance demonstrates the significant
potential of the Company's revenue-generating model, paving the way
for global expansion. On this point, and given the strong backdrop
developing for virtual currency, the Company remains committed to
executing its international expansion strategy.
About Interlapse Technologies Corp.
Interlapse
Technologies Corp. is a FinTech applications company accelerating
the global mega-trend of virtual currency adoption. Our signature
product coincurve.com enables a simple, safe way to buy and spend
Bitcoin and Bitcoin Cash.
To learn more, visit www.interlapse.com.
Neither TSX-V nor its Regulation Services Provider (as that term
is defined in the policies of the TSX-V) accepts responsibility for
the adequacy or accuracy of this release.
Forward-Looking Information
Statements contained in
this release that are not historical facts are forward-looking
statements that involve various risks and uncertainty affecting the
business of Interlapse. In making the forward-looking
statements, Interlapse has applied certain assumptions that are
based on information available, including Interlapse's strategic
plan for the near and mid-term. There can be no assurance that such
information will prove to be accurate, as actual results and future
events could differ materially from those anticipated in such
statements. Accordingly, readers should not place undue reliance on
forward-looking information. Interlapse does not undertake to
update any forward-looking information, except in accordance with
applicable securities laws.
SOURCE Interlapse Technologies Corp.