Midpoint Holdings Ltd.
TSX VENTURE : MPT

Midpoint Holdings Ltd.

December 19, 2017 12:00 ET

Midpoint Announces Formation of Blockchain Research & Development Advisory Board

LONDON, UNITED KINGDOM--(Marketwired - Dec. 19, 2017) -

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Midpoint Holdings Ltd. (TSX VENTURE:MPT) ("Midpoint" or the "Company") is pleased to announce today that David Shrier will will join the firm's newly formed Advisory Board. Mr Shrier will advise the Company on identifying and capitalizing on future growth opportunities in financial technology including, but not limited to, blockchain, future commerce and digital banking.

Mr Shrier is a globally recognized authority in financial innovation and advises government, independent regulatory bodies, and private companies on transformational growth. He is the founder and CEO of Distilled Analytics, a data/machine learning fintech derived from MIT research that applies multi scale precision analytics to predict human behavior, and Chairman of Riff Learning, an AI-enabled collaboration environment also spun out of MIT. Mr Shrier is also a Lecturer and Futurist at the Massachusetts Institute of Technology where he created "Future Commerce" together with Joost Bonsen and MIT Professor Alex "Sandy" Pentland. Future Commerce is the first graduate fintech class in North America.

Mr. Shrier originated and leads the "Oxford Fintech" and Oxford Blockchain Strategy" classes for Said Business School at the University of Oxford. He also counsels the Government of Dubai on blockchain and digital identity and is a member of the FinTech Industry Committee for Financial Industry Regulatory Authority (FINRA). Mr Shrier recently advised the European Commission on commercializing innovation with a focus on digital technology.

"We are extremely pleased and honored to have Mr Shrier as an advisor. Mr Shrier is in a very short list of globally recognized financial innovators. He is a player-coach with a track record of helping organizations develop and capitalize on growth opportunities." said David Wong, Chairman and CEO.

About Midpoint

Headquartered in London, Midpoint is an FCA authorized payments institution with the world's first authentic peer-to-peer ('P2P') foreign exchange marketplace. SMEs, overseas professionals, property owners, foreign students, individuals and anyone involved in international payments, use Midpoint's US patent protected platform for transparent, multi-party, multi-currency services.

Midpoint is currently handling transactions in 23 currencies with the ability to collect and transfer across 72 countries. This highly secure platform provides customers with the most cost-effective FX at the midpoint of the interbank buy/sell rate therefore removing the spread as well as hidden costs and fees.

Midpoint Holdings Limited is listed on the TSX Venture Exchange and cross-listed on the Frankfurt Stock Exchange.

Neither the TSX Venture Exchange (the "TSXV") nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release and has neither approved nor disapproved of the contents of this news release.

Forward-looking information

This news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "would", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. These statements are only predictions. Forward-looking information is based on the opinions and estimates of management at the date the information is provided, and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. For a description of the risks and uncertainties facing Midpoint and its business and affairs, readers should refer to Midpoint's Management's Discussion and Analysis. Midpoint undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change, unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.

Contact Information

  • Corbin Comishin, Chief Financial Officer
    Midpoint Holdings Ltd.
    (250) 352-7667

    David Wong
    26 Finsbury Square
    EC2A 1DS
    London, United Kingdom
    +44 20 7448 3081