Intellabridge Technology Corporation: Kash Product Update
The Company's product release in June will be a private beta open by invite only to the first customer signups on the waitlist. The private-beta will open in stages up to the first 100,000 waitlisted customers by Q3 2021, in order to manage customer onboarding and growth. During the current Alpha period, prior to the launch in June, the Company continues to work on new features, partner integrations, white-label business development, testing and quality control.
Due to customer demand for a debit-card linked to Kash accounts, the Company is planning to provide eligible customers on the waitlist with virtual cards on Apple Pay and Google Pay in Q3 ahead of planned delivery of physical cards in Q4 2021.
"We are very happy with the results since our Alpha launch in March with positive customer feedback and higher than expected engagement rates with more than 30% of the visitors to our website signing up for Kash accounts," explains John Eagleton, CEO of Intellabridge. "We are currently on track to meet our development and growth projections, especially with the launch of our Corporate Partners white-label program partnering with companies which already have an existing customer base and strategic positioning in local markets."
About Intellabridge Technology Corporation
Intellabridge Technology Corporation (CSE: INTL) (OTC Pink: CRBTF) (FSE: 98AA) is a venture builder investing in blockchain technologies with a focus on fintech and decentralized financial ("DeFi") solutions. For more information on Intellabridge, visit www.intellabridge.com.
ON BEHALF OF THE BOARD of DIRECTORS INTELLABRIDGE TECHNOLOGY CORPORATION "Maria Eagleton" Maria Eagleton, COO
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This news release contains certain forward-looking information and forward-looking statements within the meaning of applicable securities legislation (collectively "forward-looking statements"). The use of any of the word "will" and similar expressions are intended to identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward looking statements. Such forward-looking statements should not be unduly relied upon. Actual results achieved may vary from the information provided herein as a result of numerous known and unknown risks and uncertainties and other factors. The Company believes the expectations reflected in those forward-looking statements are reasonable, but no assurance can be given that these expectations will prove to be correct. The Company does not undertake to update these forward-looking statements, except as required by law.
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