More and more investors are now interested in the financial technology or fintech industry due to the sort of growth that has been seen in the sector in recent times and one of the stocks that could be a looked into at this point is that of Innovative Payment Solutions Inc (OTCMKTS:IPSI).
The company, which is currently involved in the development of a universal payments platform named IPSIPay, saw its stock trading within a range on Wednesday. In addition to that, the Chief Executive Officer and Chairman of the company William Corbett issued a letter to the shareholders in the company yesterday.
In the letter, Corbett provided a lowdown of the achievements of the company since he took over as the CEO of the Innovative Payment Solutions back in 2019. He stated that he had been mandated to turn the company into full service digital payments outfit and the turnaround in question was something that was still in progress.
However, more importantly, he added that one of the more important goals for the company was to make banking services far more accessible to those sections of the population who are unbanked. The company hopes to achieve that through its advanced technology.
