SOURCE: FastFunds Financial Corp.

FastFunds Financial Corp.

November 08, 2013 09:00 ET

FastFunds Financial Announces Progress of Its Subsidiary, Financiera Moderna, in Completing Transaction

WEST PALM BEACH, FL--(Marketwired - November 08, 2013) - FastFunds Financial Corporation (OTCQB: FFFC) provided an update on its majority owned subsidiary, Financiera Moderna ("FM"). FM previously announced on October 10, 2013 the signing of a term sheet that would provide FM the capability to market its developed products to the Spanish speaking marketplace. In addition, this transaction would also give FM/FFFC an interest in a Spanish direct sales organization and a Spanish branded real estate firm. 

FM/FFFC reported that definitive documents have been completed and circulated to all of the interested parties involved in the transaction for their review.

About FastFunds Financial Corporation
FastFunds Financial Corporation is a holding company that is publicly traded on the Over-the-Counter QB under the symbol "FFFC." The Company currently operates in the financial services industry segment with a single credit card services portfolio. The Company is currently seeking new business opportunities to diversify and complement our current services and products, enhance our technical capabilities and offer growth opportunities for our stockholders.

This news release may include "forward-looking statements" regarding FastFunds Financial Corporation, and its subsidiaries, business and project plans. Such forward-looking statements are within the meaning of Section 27A of the Securities Act of 1933, as amended, and section 21E of the United States Securities and Exchange Act of 1934, as amended, and are intended to be covered by the safe harbor created by such sections. Where FastFunds Financial Corporation expresses or implies an expectation or belief as to future events or results, such expectation or belief is believed to have a reasonable basis. However, forward-looking statements are subject to risks, uncertainties and other factors, which could cause actual results to differ materially from future results expressed, projected or implied by such forward-looking statements. FastFunds Financial Corporation does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

Contact Information

  • For Further Information contact:
    Henry Fong