
Flexa and Nexus Wallet Team up to Revolutionize Digital Asset Spending Across North America
LAS VEGAS--(BUSINESS WIRE)-- Flexa, the leading digital payment network, and Nexus, the new decentralized wallet redefining asset management from the Litecoin Foundation, are making spending Litecoin in the real world easier than ever. Through a new integration with the Flexa SDK, Nexus Wallet users can now enjoy instant, secure payments at over 41,000 locations across North America, turning their digital assets into seamless purchasing power.
By embedding Flexa's advanced payment infrastructure into Nexus Wallet, the partnership delivers a seamless way for Nexus Wallet users to pay with digital currencies. Whether buying groceries, dining out, or shopping for essentials, transactions are processed instantly and securely, eliminating the friction typically associated with digital payments.
'Flexa is pushing relentlessly toward a future in which digital asset payments are a seamless part of everyday life,' said Daniel McCabe, co-founder and CEO of Flexa. 'This new integration with Nexus Wallet empowers users to unlock the true utility of their digital assets—no barriers, no compromises—while giving merchants a trusted solution that just works. Together, we're turning the promise of digital payments into a reality for millions.'
This integration allows Nexus Wallet to take full advantage of growing merchant acceptance of digital currencies, bridging the gap between innovative blockchain technology and real-world spending. In turn, merchants who enable Flexa benefit from guaranteed settlement and zero chargebacks, simplifying the process of accepting digital payments and driving the broader adoption of digital assets.
'Our collaboration with Flexa marks a significant milestone in our mission to empower users with seamless and secure digital asset management,' said Loshan T, Lead Developer of Nexus Wallet. 'By integrating the Flexa SDK, we're enabling our users to effortlessly utilize their digital assets for everyday transactions, bridging the gap between digital holdings and real-world spending.'
Flexa and Nexus Wallet's collaboration signals a significant step forward in the adoption of digital payments. Together, they are shaping a future where digital currencies are seamlessly integrated into everyday commerce, offering users and merchants a fast, secure, and practical payment solution.
About Flexa
Flexa is the global leader in pure-digital payments, providing merchants and developers with innovative tools for commerce. Flexa's solutions enable the acceptance of digital assets across various points of sale, offering instant authorization, complete fraud resistance, and flexible payouts. Founded in 2018, Flexa's mission is to help sellers thrive in the next era of commerce.
About Nexus Wallet
Nexus Wallet is a next-generation blockchain platform designed to empower users with secure and user-friendly ways to manage and spend their Litecoin. With a focus on privacy and control, Nexus Wallet simplifies cryptocurrency transactions, making digital payments practical for everyday use. Committed to innovation, Nexus Wallet is rebuilding the internet from the ground up.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Business Wire
5 hours ago
- Business Wire
Everybody Loves Languages Reports Financial Results for the First Quarter Ended March 31, 2025
TORONTO--(BUSINESS WIRE)-- Everybody Loves Languages Corp. (' ELL ') (TSX-V: ELL; OTC: LMDCF; FSE: LIMA), an edtech language learning edutainment and content development company, announces its financial results for the first quarter ended March 31, 2025. All figures are reported in Canadian Dollars and are in accordance with International Financial Reporting Standards unless otherwise noted. Operational Highlights Online English Language Learning: AcadeMe Junior Launched AVI - an AI based online tutor Added Gameficiation throughout the platform Added a teacher feature to enable flexible lesson assignment Developed 90 new lessons focusing on grammar and vocabulary Portuguese Course Refreshed material and developed additional lessons for the advanced levels English for Success Initiated a native app development project Content Based Learning: Continued to receive feedback from the Ministry of Education in China and teachers to adjust and modify content as required Q1 2025 Financial Highlights Revenue for the first quarter ended March 31, 2025 totalled $362,953 as compared to $149,977 in Q1 2024. Operating and development expenses for the quarter ended March 31, 2025, totalled $521,276 compared to $492,225 in Q1 2024. Net loss for the quarter ended March 31, 2025, totalled $(171,434) or $(0.00) loss per share (basic) based on 35.6 million shares or $(0.00) loss per share (diluted) based on $36.1 million shares as compared to a net loss of $(300,461) for 2024 or $(0.01) loss per share (basic and fully diluted). Loss before amortization, share-based payments, depreciation, finance charges and taxes was $(158,323) compared to $(436,754) in 2024. 'Everybody Loves Languages has introduced several important new features, most notably an AI-based tutor named AVI. We remain committed to enhancing our platform and are optimistic about a positive response from the market,' said Gali Bar-Ziv, President & CEO of Everybody Loves Languages. The interim condensed financial statements for the quarter ended March 31, 2025, and Management Discussion & Analysis are available at About Everybody Loves Languages Corp. (TSX-V: ELL; OTC: LMDCF; FSE: LIMA): Everybody Loves Languages Corp. is an edtech language-learning and content development company empowering language educators to easily transition from traditional teaching methods to digital learning by integrating education, edutainment, and technology. The company provides online and print-based solutions through two distinct business units: Everybody Loves Languages Inc. and Lingo Learning Inc. Everybody Loves Languages is a state-of-the-art technology platform that delivers personalized learning experiences in classrooms and online. Its programs provide innovative SaaS-based eLearning solutions, including online and offline content, a learning management system, assessments, real-time reports, speech recognition technology, and white-label tools. At the same time, Lingo Learning is the content development arm and co-publishes print-based English language learning materials in China. Everybody Loves Languages has established successful relationships with key government and industry organizations internationally, with a presence in LATAM and China, and continues to expand its product offerings and extend its market reach. Follow Everybody Loves Languages on social media: Portions of this press release may include "forward-looking statements" within the meaning of securities laws. These statements involve known and unknown risks, uncertainties or other factors that could cause actual results to differ materially from the results, performance, or expectations implied by these forward-looking statements. These statements are based on management's current expectations and involve certain risks and uncertainties. Actual results may vary materially from management's expectations and projections and thus readers should not place undue reliance on forward-looking statements. Everybody Loves Languages has tried to identify these forward-looking statements by using words such as "may," "should," "expect," "hope," "anticipate," "believe," "intend," "plan," "estimate" and similar expressions. Everybody Loves Languages' expectations depend upon general economic conditions, the continued and growth in demand for its products, retention of its key management and operating personnel, its need for and availability of additional capital and other uncontrollable or unknown factors. No assurance can be given that the actual results will follow the forward-looking statements. Except as otherwise required by securities laws, Everybody Loves Languages undertakes no obligation to publicly update or revise any forward-looking statements, whether because of new information, future events, changed circumstances or any other reason. Certain factors that can affect the Company's ability to achieve projected results are described in the Company's filings with the Canadian securities regulators available on

Yahoo
5 hours ago
- Yahoo
Everybody Loves Languages Reports Financial Results for the First Quarter Ended March 31, 2025
TORONTO, May 30, 2025--(BUSINESS WIRE)--Everybody Loves Languages Corp. ("ELL") (TSX-V: ELL; OTC: LMDCF; FSE: LIMA), an edtech language learning edutainment and content development company, announces its financial results for the first quarter ended March 31, 2025. All figures are reported in Canadian Dollars and are in accordance with International Financial Reporting Standards unless otherwise noted. Operational Highlights Online English Language Learning: AcadeMe Junior Launched AVI - an AI based online tutor Added Gameficiation throughout the platform Added a teacher feature to enable flexible lesson assignment Developed 90 new lessons focusing on grammar and vocabulary Portuguese Course Refreshed material and developed additional lessons for the advanced levels English for Success Initiated a native app development project Content Based Learning: Continued to receive feedback from the Ministry of Education in China and teachers to adjust and modify content as required Q1 2025 Financial Highlights First Quarter Ended March 31st 2025 2024 Revenue $ 362,953 $ 149,977 Operating and development expenses 521,276 492,225 Loss before amortization, share-based payments, depreciation, finance charges and taxes (158,323) (436,754) Amortization, share-based payments, and depreciation 10,163 14,408 Finance charges, taxes and foreign exchange 2,948 (56,195) Net loss (171,434) (300,461) Loss for the period attributable to: Non-controlling interest (7,010) (6,981) Shareholders of Everybody Loves Languages Corp. (164,424) (293,480) Total comprehensive income (170,506) (312,327) Total comprehensive loss for the period attributable to: Non-controlling interest (7,010) (6,981) Shareholders of Everybody Loves Languages Corp. (163,496) (305,346) Earnings per share (basic) $ (0.00) $ (0.01) Earnings per share (fully diluted) $ (0.00) $ (0.01) Revenue for the first quarter ended March 31, 2025 totalled $362,953 as compared to $149,977 in Q1 2024. Operating and development expenses for the quarter ended March 31, 2025, totalled $521,276 compared to $492,225 in Q1 2024. Net loss for the quarter ended March 31, 2025, totalled $(171,434) or $(0.00) loss per share (basic) based on 35.6 million shares or $(0.00) loss per share (diluted) based on $36.1 million shares as compared to a net loss of $(300,461) for 2024 or $(0.01) loss per share (basic and fully diluted). Loss before amortization, share-based payments, depreciation, finance charges and taxes was $(158,323) compared to $(436,754) in 2024. "Everybody Loves Languages has introduced several important new features, most notably an AI-based tutor named AVI. We remain committed to enhancing our platform and are optimistic about a positive response from the market," said Gali Bar-Ziv, President & CEO of Everybody Loves Languages. The interim condensed financial statements for the quarter ended March 31, 2025, and Management Discussion & Analysis are available at About Everybody Loves Languages Corp. (TSX-V: ELL; OTC: LMDCF; FSE: LIMA): Everybody Loves Languages Corp. is an edtech language-learning and content development company empowering language educators to easily transition from traditional teaching methods to digital learning by integrating education, edutainment, and technology. The company provides online and print-based solutions through two distinct business units: Everybody Loves Languages Inc. and Lingo Learning Inc. Everybody Loves Languages is a state-of-the-art technology platform that delivers personalized learning experiences in classrooms and online. Its programs provide innovative SaaS-based eLearning solutions, including online and offline content, a learning management system, assessments, real-time reports, speech recognition technology, and white-label tools. At the same time, Lingo Learning is the content development arm and co-publishes print-based English language learning materials in China. Everybody Loves Languages has established successful relationships with key government and industry organizations internationally, with a presence in LATAM and China, and continues to expand its product offerings and extend its market reach. Follow Everybody Loves Languages on social media: Facebook: Twitter: twitter@elltechnologies YouTube: Everybody Loves Languages (ELL) LinkedIn: Portions of this press release may include "forward-looking statements" within the meaning of securities laws. These statements involve known and unknown risks, uncertainties or other factors that could cause actual results to differ materially from the results, performance, or expectations implied by these forward-looking statements. These statements are based on management's current expectations and involve certain risks and uncertainties. Actual results may vary materially from management's expectations and projections and thus readers should not place undue reliance on forward-looking statements. Everybody Loves Languages has tried to identify these forward-looking statements by using words such as "may," "should," "expect," "hope," "anticipate," "believe," "intend," "plan," "estimate" and similar expressions. Everybody Loves Languages' expectations depend upon general economic conditions, the continued and growth in demand for its products, retention of its key management and operating personnel, its need for and availability of additional capital and other uncontrollable or unknown factors. No assurance can be given that the actual results will follow the forward-looking statements. Except as otherwise required by securities laws, Everybody Loves Languages undertakes no obligation to publicly update or revise any forward-looking statements, whether because of new information, future events, changed circumstances or any other reason. Certain factors that can affect the Company's ability to achieve projected results are described in the Company's filings with the Canadian securities regulators available on NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTUREEXCHANGE ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE View source version on Contacts Corporate Communications Khurram QureshiTel: (647) 831-1462Email: kqureshi@

Yahoo
5 hours ago
- Yahoo
XTM Files Q1 2025 Interim Financial Results
Revenue Up 51% Over Prior Year Quarter, Net Comprehensive Loss Decreases 40% Over Prior Year Quarter TORONTO, May 30, 2025--(BUSINESS WIRE)--XTM Inc. ("XTM" or the "Company") (QB: XTMIF / CSE: PAID / FSE: 7XT), a fintech innovator in automated tip calculations, instant payouts for employees and gig workers and a provider of Earned Wage Access ("EWA") through its AnyDay™ platform, today announced it has filed its interim financial statements and management's discussion and analysis (MD&A) for the quarter ended March 31, 2025 (the "Required Filings"). As part of XTM's continued strategic realignment and focus on profitability, the Company's previously announced transaction regarding its processing operations with Pateno Payments Inc. (a subsidiary of Digital Commerce Group) is progressing with only final US Banking operation approvals necessary to close. The transaction agreement deadline, originally set to close on May 30, 2025, is being extended to meet the various US Bank's departmental schedules. The partnership and ongoing support of Digital Commerce Bank positions XTM to rapidly scale its SaaS business with robust financial and infrastructure backing. Q1 2025 Financial and Operational Highlights Revenue Growth: Revenue was $2.7 million for the quarter, increasing 51% from the prior year quarter revenue of $1.8 million. Revenue Source: Less than 40% of the company's revenue in Q1 was derived from Interchange as part of the company's strategic goal to diversify revenue sources, now with the inclusion of Software as a Service (SaaS) revenue Net Loss & Comprehensive Loss: The Company reduced its net loss and comprehensive loss to $3.2 million in Q1 2025 compared to $5.3M in Q1 2024, a decrease of 40%. CAD $13M Credit Facility: On January 1, 2025, XTM signed a CAD $13 million Letter of Credit with Pateno Payments to support growth and cash neutrality, ahead of a planned financing and uplisting to a senior exchange in the second half 2025. Restricted Cash: The decrease in restricted cash of $14.2M includes $2.5M related to the migration of XTM funded EWA programs to client funded programs at QRails and an additional $9.6 million of deposits transferred to KOHO financial, which are expected to be returned by Q3 2025 Subsequent Events – Q1 2025 Sales Team Expansion & Early Wins:XTM is pleased to announce the expansion of its sales team, welcoming a new representative who successfully closed two new deals within their first two weeks at the Company. Consistent with XTM's hiring strategy, the new team member brings direct industry experience, having been an active AnyDay user within the hospitality sector—providing firsthand insight into the platform's value and driving authentic client engagement. Strong Year-to-Date Growth:As of the latest reporting period, XTM has signed 149 new client locations ("doors") for its Anyday wage and gratutity access solution, reflecting accelerating adoption and strong market demand. Filing Details The audited consolidated financial statements and MD&A for the year ended December 31, 2024, are available on the Company's profile at About XTM Inc. XTM Inc. is a global fintech innovator with offices in Miami, Toronto, Denver, and London. Through its AnyDay™ platform and its fully owned subsidiary, QRails, XTM delivers instant pay and Earned Wage Access solutions to the hospitality, personal care, and staffing sectors. XTM supports some of North America's leading brands including Earls, Marriott Hotels, Maple Leaf Sports & Entertainment, Cactus Club, and Live Nation. QRails is a cloud-based, API-driven issuer-processor enabling payroll providers, financial institutions, and fintechs to deliver modern digital payment solutions. QRails is SAP-certified and PCI DSS and SOC compliant. Learn more at and Forward-Looking Statements This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable Canadian securities laws. These statements involve known and unknown risks, uncertainties, and assumptions, and may include words such as "expects," "intends," "anticipates," "plans," "believes," and similar expressions. Actual results could differ materially from those projected due to various risks and factors beyond the Company's control. The CSE has neither approved nor disapproved the contents of this press release and accepts no responsibility for its adequacy or accuracy. View source version on Contacts Investor Contact:Jakob Ripshtein Email: finance@ Phone: 416-260-1641 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data