TORTOLA, BRITISH VIRGIN ISLANDS / ACCESSWIRE / November 16, 2024 / FortiCard, a global leader in fintech, recently announced the successful establishment of its subsidiary in the United States and its acquisition of a Money Services Business (MSB) license issued by the Financial Crimes Enforcement Network (FinCEN) under the U.S. Department of the Treasury. This milestone marks a significant step in FortiCard's global expansion strategy and lays a solid foundation for the company's further development in the U.S. market.
Accelerating Global Expansion: Entering the U.S. Market
Since its establishment in 2010, FortiCard has been dedicated to providing secure and convenient financial services to global customers through innovative capital investment strategies. By obtaining an MSB (Money Services Business) license, FortiCard is now authorized to conduct various operations in the United States, including cryptocurrency trading, payment processing, and financial services, further expanding its footprint in the North American market. The acquisition of the MSB license not only removes operational restrictions in the U.S. but also creates greater opportunities for the company's growth.
This milestone marks FortiCard's continued rise in the global fintech industry. With its global expansion and cutting-edge technological innovation, FortiCard has already established a solid presence in multiple countries and regions. Establishing a subsidiary and obtaining the MSB license in the U.S. represents a critical step in FortiCard's global expansion strategy, underscoring its commitment to sustainable growth.
Aiming for a U.S. IPO in Five Years to Enhance Global Influence
In addition to expanding its presence in the U.S. market, FortiCard has unveiled its five-year development blueprint. The company plans to apply for approval from the U.S. Securities and Exchange Commission (SEC) and eventually conduct an Initial Public Offering (IPO) on the U.S. stock market. Going public will not only provide FortiCard with greater financial support but also strengthen its leadership position in the global fintech industry.
By listing on the U.S. stock market, FortiCard aims to attract more investors and partners, thereby further increasing its global market share.
Strengthening Compliance to Ensure Sustainable Development
As a global fintech company, FortiCard places great emphasis on compliance management and risk control. Obtaining the MSB license is a key step in enhancing compliance and increasing transparency. This achievement demonstrates FortiCard's adherence to U.S. financial regulatory laws and its respect for global financial market regulations.
To ensure compliant operations in the U.S. market, FortiCard plans to deepen cooperation with U.S. regulatory authorities and actively participate in local industry associations and standard-setting organizations. Additionally, the company intends to leverage technological innovation to enhance automation in compliance processes such as Anti-Money Laundering (AML) and Know Your Customer (KYC), reducing operational risks and building customer trust.
Continuous Innovation Driving Financial Industry Transformation
FortiCard's expansion is driven not only by compliance and market positioning but also by ongoing technological innovation. As a leader in the fintech industry, FortiCard continually pioneers advancements in blockchain technology, cryptocurrency trading, and payment processing. Its crypto asset management platform and cross-border payment solutions have been highly acclaimed by users in multiple markets and have achieved significant results.
In the future, FortiCard will continue to invest heavily in technological innovation, driving the development of more groundbreaking financial products to set new trends in the global fintech industry.
Looking Ahead: Deepening Global Strategies
The establishment of FortiCard's U.S. subsidiary and acquisition of the MSB license signify the company's official entry into the U.S. market and lay a solid foundation for its goal of going public within five years. By reinforcing compliance, fostering innovation, and optimizing technology, FortiCard aims to further expand its influence in the global fintech industry in the coming years, positioning itself as a trusted provider of financial technology services for users worldwide.
About FortiCard
Founded in 2010 and headquartered in Singapore, FortiCard is a global leader in the fintech industry, committed to providing innovative and secure financial services to customers worldwide. Specializing in capital investment, the company helps clients maximize returns by pooling funds and investing in diverse lending platforms. With branches in multiple countries and regions, FortiCard has established itself as a leader in global fintech, known for its exceptional risk management and innovative business models.
Company Name: FortiCard Limited
Contact Person: Alexander Jonathan Williams
Website: https://forti-card.com
Email: admin@forti-card.com
SOURCE: FortiCard
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