CUV Ventures Corp. Signs LOI with NUKONDO® For RevoluPAY® Payments Across Real Estate Platform. CEO Attends IMTC World
November 19, 2018
- NUKONDO® LOI to incorporate RevoluPAY® as a global payment mechanism for Real Estate and app Membership Transactions.
- NUKONDO® LOI for commissions on new property development sales in markets: Vancouver, Paris, Chicago, Barcelona and Madrid.
- NUKONDO® iOS/Android App and website LOI to feature RevoluPAY® payments.
- CUV Advisor, GRI, CIPS, CCIM Certified, W. Patrick Murphy, to head-up eventual RevoluPAY® real estate payment division.
- Mr. Ricardo Estrazulas Joins RevoluPAY Licensing Advisory Board
- CEO Steve Marshall attends IMTC International Money Transfers & Payments Industry conference in Miami.
Vancouver, BC – CUV Ventures Corp. (TSX-V: CUV) (the "Company") Vancouver, BC – (the "Company") is pleased to announce that it has signed a Letter of Intent ("LOI") on Friday 16th November 2018 with Nukondo® LLC to incorporate RevoluPAY® into the Nukondo® iOS and Android app and, the website, of the United States based company. The LOI also outlines a proposed licensing agreement, under which CUV, or its subsidiaries, may collaborate internationally with Nukondo® to expand into international real-estate transactions. Both parties have agreed on a maximum 60-day term to conclude the definitive agreement ("DA"). Influential Deal maker, Mr. Ricardo Estrazulas, joins the RevoluPAY Licensing Advisory Board. CEO, Steve Marshall, attends the IMTC, International Money Transfers & Payments Industry conference in Miami on November 14th.
NUKONDO's Apple iOS and the Android app creates a marketplace for the new condominium market. It provides a platform for real estate developers and their master brokers to keep information about their projects updated and accurate, all in one place. It standardizes and distributes this information globally so that buyers and their agents can gain access to these projects; providing them with tools to decide which condominium is most suited for their needs.
Jorge Brugo, NUKONDO Founder and CEO, commented: "RevoluPAY®, as our payment hub for memberships and real estate transactions, is a natural fit. As we expand internationally, speed and ease of use are what NUKONDO users desire and, with RevoluPAY® integrated, that will be the outcome".
In collaboration with RevoluPAY®, NUKONDO® intends to assist buyers with a paid subscription service for additional services and, the financial coordination of real estate transactions. NUKONDO® further intends to assist real estate developers and, their agents, with a simple mechanism to receive any manner of payments during the property purchase cycle. NUKONDO® intends to assist brokers with an automated payment distribution mechanism for timely commission and fee disbursements. The company contemplates a dual synergy between RevoluFIN and, this nascent RevoluPAY® division.
CEO, Steve Marshall, commented: "Amongst our numerous RevoluPAY® verticals, we believe the real estate industry is another enormous market. We look forward to working with Jorge to integrate RevoluPAY® into NUKONDO and, aiding with international expansion, by adding new property developments in the markets of; Vancouver, Paris, Chicago, Barcelona and Madrid."
Should a definitive agreement be signed, longtime CUV advisor and, GRI, CIPS, CCIM certified real estate professional, W. Patrick Murphy, will assist with NUKONDO international expansion and, the entire vertical division integration.
Ricardo Estrazulas Joins RevoluPAY Licensing Advisory Board
CUV Ventures is delighted to have a person of Ricardo's notoriety join its advisory board. For more than 20 years, Ricardo Estrazulas has been one of the key advisors for Paington Consulting and, is the founder and managing director of the brokerage Nautilus International. Mr. Estrazulas has grown an extensive network of influential and, high net worth investors and, travels frequently throughout Latin American countries to visit numerous long-standing and notable clients. He is fluent in six languages: English, German, French, Italian, Portuguese and Spanish. In a previous role, Ricardo worked as director of sales for the Miami based developer and, sales and marketing firm, Fortune Development Sales, managing promotion and development of strategic partners throughout Mexico, Colombia, Venezuela, Brazil, Argentina, Uruguay, Guatemala, Russia and more nations, netting hundreds of millions in sales.
IMTC Conference Miami
With over 500 delegates from 70 countries, the World IMTC (International Money Transfers & Payments Industry Conference) in Miami, held between 13-16 November, brings together market leaders in the industry, along with experts and professionals. CUV Ventures CEO, Steve Marshall, presented RevoluPAY® to multiple participants and, is currently preparing numerous possible synergies for 80 supplementary countries.
About CUV Ventures Corp.:
CUV Ventures Corp. is a multi-asset, multidivisional publicly traded Canadian company deploying advanced technologies in the; Online Travel, Vacation Resort, Mobile Apps, Money Remittance, Mobile phone top-ups, Invoice factoring, Blockchain Systems, and Fintech app sectors.
Our flagship technology is RevoluPAY®, the Apple and Android multinational leisure payments and remittance app, powered by blockchain protocols, and aimed at the worldwide + $595 billion family remittance market. Click here to read more.
For further information on CUV Ventures Corp. (TSX-V: CUV) visit the Company's website at www.cuvventures.com. The Company has approximately 123,200,000 shares issued and outstanding.
CUV VENTURES CORP.
For further information contact myself or:
CUV Ventures Corp.
Toll Free: 800-567-8181
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This release includes certain statements that may be deemed to be "forward-looking statements". All statements in this release, other than statements of historical facts, that address events or developments that management of the Company expects, are forward-looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. The Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploration and development successes, continued availability of capital and financing, and general economic, market or business conditions. Please see the public filings of the Company at www.sedar.com for further information.