Latest news with #FUTR
Business Wire
05-08-2025
- Business
- Business Wire
FUTR to Integrate the FUTR Data Protocol and FUTR Utility Token into Its AI Agent App in Partnership with FUTR Foundation
TORONTO--(BUSINESS WIRE)-- The FUTR Corporation (TSXV: FTRC) ("FUTR" or the "Company"), a consumer-centric platform for data valuation and monetization is pleased to announce a major technology milestone and business evolution: the integration of the FUTR Data Protocol and FUTR Utility Token into the FUTR AI Agent App. FUTR's AI Agent App is designed to put money back in consumer's wallets through a powerful combination of a unique data monetization rewards system, personalized offers and intelligent agent-driven smart payment tools. By enabling direct consumer data contribution, as well as allowing Enterprises to contribute consented consumer data to AI Agents, the platform rewards participation by all stakeholders, while empowering Brands to enhance offer personalization and reduce customer acquisition costs. FUTR helps consumers avoid irrelevant and overwhelming 'marketing noise' by leveraging timely, complete, and transparent data—sourced directly from consumer contributions rather than through traditional, opaque methods like cookies and clickstream tracking. Key Product Suite Evolution – FUTR Data Protocol Build and Integration By partnering as the lead technology provider to the Foundation, the FUTR Corporation will assume multiple roles within the FUTR Data Protocol ecosystem—including Data Processor, Data Storage Provider, Fiat Partner, AI Agent Partner, Data Sales Enablement Partner, and Technology Operations and Platform Partner. Further details on each role can be found on the Foundation website. The FUTR Utility Token is issued by the Foundation and, as part of the MSA, the FUTR Corporation will manage the distribution to consumers and Enterprises that contribute – or 'stake' - data to the FUTR Data Protocol through its AI Agent App. The FUTR Corporation will also facilitate the packaging and provision of access to this data for Brands seeking to use it for opportunity identification. Brands will pay for data-driven leads using the FUTR Utility Token. All contributed consumer data and purchased leads will be priced by the FUTR Data Protocol. The FUTR Data Protocol also enables pricing and incentivization for Enterprises that contribute enriched, consented consumer data - creating a robust and transparent consumer data supply chain. Consumers are expected to redeem FUTR Utility Tokens in-app for AI Agent upgrades, premium products and services from Brand Partners, or convert them into Fiat under certain conditions. Enterprises and large consumers can also utilize FUTR Utility Tokens to reduce cash outlays for professional services obtained from ecosystem participants, as well as enterprise-level AI Agent capabilities. Enterprises that earn FUTR Utility Tokens by contributing consumer data can also redeem these tokens for lead generation, significantly reducing or even eliminating the cost of customer acquisition. In some cases, Enterprises may also have the ability to convert or liquidate tokens for cash. Key Business Model Evolution – FUTR Corp earns Service Revenue from FUTR Foundation As compensation for these technology services, FUTR Corporation will earn the following from the Foundation: Commissions on all Brand lead purchases A portion of the proceeds of any direct sales of the FUTR Utility Token from Foundation treasury and to strategic Brands A strategic reserve of 3% of the initially available aggregate FUTR Utility Tokens issued over 3 years As part of the AI Agent App and independent of the Foundation, FUTR Corporation will also earn fees from: Converting between fiat and FUTR Tokens with Consumers, Enterprises and Brands Premium AI Agent features for consumers denominated in tokens (agent customizations, power usage behaviour) Interchange and transaction fees from the FUTR Payment intelligent payment rails Other incremental data services for Enterprises and consumers The FUTR Data Protocol and FUTR Utility Token will initially launch on Coinbase's BASE blockchain network. Each FUTR AI Agent App will feature an embedded digital asset wallet, enabling users to store FUTR Utility Tokens and facilitate payment transactions seamlessly. FUTR expects initial integration of the FUTR Data Protocol and FUTR Utility Token to coincide with the launch of the FUTR AI Agent App in Q3 2025, with further comprehensive functionality to be rolled out through Q4. Launched In Partnership with the FUTR Foundation and FutureVault The FUTR Data Protocol was developed by the FUTR Foundation, a not-for-profit entity based in The Bahamas, with a mission to 'empower consumers and enable them to participate in the data economy by monetizing their data'. The FUTR Utility Token is issued by FUTR Ltd., a wholly owned subsidiary of the FUTR Foundation. As part of the governance structure of the MSA, a joint steering committee between FUTR Corporation and the Foundation has been formed. A core part of the FUTR technology stack used to build this protocol is a 10-year license to use the FutureVault intelligent data processing engine. As part of this agreement FutureVault will also become a core technology partner to the FUTR Data Protocol. A New Era in Personal Data 'The FUTR Data Protocol and FUTR Utility Token represent a new era in how we view and manage personal data,' said Alex McDougall, President of The FUTR Corporation. 'We know as individuals, our data is valuable, and being monetized by third parties, powering many aspects of the global economy, and that Brands are eager to engage with us as consumers - but until now, there hasn't been a simple or tangible way to capture that value and reward us, the consumer, for sharing our data. With the FUTR Utility Token, consumers finally have a meaningful incentive to reclaim control and sovereignty over their data.' 'We are pleased to be part of the dynamic and exciting ecosystem that The FUTR Corporation and FUTR Foundation are building. We are confident that our Intelligent Document Processing capabilities and our pioneering efforts in the digital vault space are going to add massive value to the FUTR Data Protocol and AI Agent App consumer value proposition' said Daniel Kenny CEO of FutureVault Inc. 'FUTR Corporation and FutureVault have been instrumental in conceptualizing the FUTR Data Protocol and we are thrilled to partner with them to fully build out and implement this truly innovative suite of technology' said Jim Allan, Council Member of the FUTR Foundation. About The FUTR Corporation FUTR's AI Agent App is designed to put money back in consumer's wallets through a unique data monetization rewards system, personalized offers and intelligent agent-driven payment and AI-powered life management tools. The platform also enables Enterprises to earn rewards for contributing consented consumer data to AI Agents, while allowing Brands to leverage this data to enhance personalization and significantly reduce customer acquisition costs. About The FUTR Foundation The FUTR Foundation DAO is the issuer of the FUTR Token. Established in 2022 in The Bahamas, the Foundation's mission is to empower consumers and enable their participation in the data economy by monetizing their personal data. The FUTR Foundation Council is comprised of Jim Allan and Eugene McBurney. To advance its mandate, the FUTR Foundation collaborates with leading global partners to develop the technology and infrastructure needed to bring this vision to life. About FutureVault FutureVault is pioneering the Client Life Management Vault™, providing an AI-powered Digital Vault Platform-as-a-Service driving Intelligent Document Processing for financial institutions, wealth enterprises, advisors, their clients as well as management, operations and compliance executives. FutureVault automates, aggregates, and centralizes client, advisor, and enterprise documentation (and data embedded within documentation) via bi-directional integrations and connections with other wealth tech providers. Data is extracted from documents in real time by leveraging private LLMs and OCR technology. FutureVault is certified as SOC 2 Type II and PCI DSS compliant and recognized as a 5-star WealthTech provider and a Top 100 Global WealthTech Innovator. Forward-Looking Statements This news release may contain forward-looking statements (within the meaning of applicable securities laws) which reflect the Company's current expectations regarding future events. Forward-looking statements are identified by words such as 'believe', 'anticipate', 'project', 'expect', 'intend', 'plan', 'will', 'may', 'estimate' and other similar expressions. These statements are based on the Company's expectations, estimates, forecasts, and projections and include, without limitation, statements regarding the future success of the Company's business and the consolidation of the Company's common shares. The forward-looking statements in this news release are based on certain assumptions. The forward-looking statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. A number of factors could cause actual results to differ materially from the results discussed in the forward-looking statements. Readers, therefore, should not place undue reliance on any such forward-looking statements. Further, these forward-looking statements are made as of the date of this news release and, except as expressly required by applicable law, the Company assumes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Business Wire
16-07-2025
- Business
- Business Wire
FUTR Lists on OTCQB Marketplace under the Symbol FTRCF, Effective Immediately
TORONTO--(BUSINESS WIRE)-- The FUTR Corporation (TSXV: FTRC)(OTCQB: FTRCF) ("FUTR" or the "Company"), a consumer-centric platform for data valuation and monetization is pleased to announce that its common shares have commenced trading on the OTCQB marketplace under the symbol "FTRCF". The Company's common shares will continue to trade on the TSX Venture Exchange under the symbol FTRC. Listing on the OTC is expected to improve access to FUTR equity for US investors resulting in enhanced liquidity and a greater audience, in a market where FUTR Generates over 70% of its revenue today. The company awaits confirmation of DTC approval, expected in the coming weeks to provide easier access to US Investors to trade, The Company also settled debt of $360,000 in exchange for the issuance of an aggregate of 1,000,000 shares (the "Debt Settlement") at a price of $0.36 per share. The Debt Settlement relates to fees owed to an arms-length consultant who provided strategic advisory services. The Company determined satisfying the foregoing indebtedness with common shares allow cash to be directed to ongoing growth initiatives. The transaction is subject to approval of the TSX Venture Exchange. Any shares under the settlement will be subject to a customary four-month hold period from the date of issuance. The securities offered pursuant to the Debt Settlements have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons absent registration or an applicable exemption from the registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The OTCQB Venture Market is for early stage and developing U.S. and international companies. Companies are current in their reporting and undergo an annual verification and management certification process. Investors can find real-time quotes and market information for the Company on About The FUTR Corporation FUTR's AI Agent App is focused on putting money back in consumer's wallets through a unique data monetization rewards system, personalized offers as well as agent-driven smart payment management. The FUTR AI Agent App will allow Enterprises to get rewarded for contributing consented consumer data to the Agent and also allow Brands to leverage this data to improve personalization and customer acquisition. Forward-Looking Statements This news release may contain forward-looking statements (within the meaning of applicable securities laws) which reflect the Company's current expectations regarding future events. Forward-looking statements are identified by words such as 'believe', 'anticipate', 'project', 'expect', 'intend', 'plan', 'will', 'may', 'estimate' and other similar expressions. These statements are based on the Company's expectations, estimates, forecasts, and projections and include, without limitation, statements regarding the future success of the Company's business and the consolidation of the Company's common shares. The forward-looking statements in this news release are based on certain assumptions. The forward-looking statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. A number of factors could cause actual results to differ materially from the results discussed in the forward-looking statements. Readers, therefore, should not place undue reliance on any such forward-looking statements. Further, these forward-looking statements are made as of the date of this news release and, except as expressly required by applicable law, the Company assumes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. FOR FURTHER INFORMATION PLEASE CONTACT: For more information regarding The FUTR Corporation, please contact: Jason Ewart, EVP, at 416-580-0721. For Investor Relations please contact ir@ Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
National Post
15-07-2025
- Business
- National Post
FUTR Achieves Major Milestone, Integrates All Consumer Payments Profiles Into AI Agent App Activating Millions of Data Points
Article content FUTR has completed the pre-beta integration of all FUTR Payment profiles into the broader FUTR AI Agent App This integration involved creating a smart FUTR Vault for each of the 42,000 current FUTR Payments consumer profiles to connect this data to FUTR's AI Agent infrastructure The FUTR Pay consumers will form part of the initial Beta launch of the FUTR AI Agent App in H2 2025 Article content Article content TORONTO — The FUTR Corporation (TSXV: FTRC) ('FUTR' or the 'Company'), a consumer-centric platform for data valuation and monetization, is pleased to announce a major technology milestone related to the integration of all existing FUTR Payment Consumer profiles into the infrastructure of the FUTR AI Agent App. Article content FUTR's AI Agent App is focused on putting money back in consumer's wallets through a unique data monetization rewards system, personalized offers as well as agent-driven smart payment management and Consumer AI Powered Life Management. The FUTR AI Agent App will allow Enterprises to get rewarded for contributing consented Consumer data to AI Agents and also allow Brands to leverage this data to improve offer personalization and reduce customer acquisition cost. Article content FUTR Payments has saved Consumers millions of dollars of interest since its inception and has transacted over $3bn in payment volume on behalf of nearly 300k users via automated cash flow and loan payment management. Today, FUTR is excited to report that all of this financing, payment and powerful historical data has been integrated into its AI Agent App infrastructure, activating millions of agent training data points. Article content To execute this integration, FUTR has created a smart FUTR Vault for each Consumer profile, which allows all current and historical Consumer data to be referenced by the AI Agent platform. FUTR Payments Consumers will have all new payments data automatically added to this intelligent vault and will also be able to add in a broad array of other data and get rewarded for it as the Agent platform comes fully online through Q3. This allows the consumer to house all of their important documents, including leases, loans, insurance and any other life documents while benefiting from FUTR's AI Agent interpretation and summarization of key documents, which are often not understood when executed. FUTR's AI Agents analyzes data and notifies consumers when key events are upcoming and allows the consumer to query their personal documents to drive deeper understanding of their personal life roadmap and the things they need to do to stay compliant with their agreements. Article content This is a major milestone for FUTR as it seeds the AI Agent platform with a significant amount of high validity, high quality payments and financing data and positions the FUTR AI Agent App with a strong initial Consumer base for its Beta launch, anticipated in Q3 2025. FUTR Payments has over 250,000 additional historical payment consumers to invite to the platform as it continues to work on large strategic consumer centric enterprise deals targeting millions of consumers in the coming years. Article content 'This milestone is very exciting for us as it is a key marker on the roadmap to fully executing on our strategic vision. FUTR Payments has historically been a very successful intelligent payment rails platform with a phenomenal consumer value proposition. We have now taken a major step in connecting it in with a leading edge AI Agent platform revolutionizing the way consumers think about their data and live their life,' said Alex McDougall, President of FUTR. Article content The Company also announces today that it has granted incentive stock options and restricted share units to certain officers, consultants and employees of the Company. A total of 300,000 stock options were granted and 100,000 restricted share units. The stock options were granted with an exercise price of $0.365. They have a term of 5 years with 200,000 vesting at a rate of 1/48 th per month and 100,000 vesting immediately. All stock options and restricted share units were granted pursuant to the Company's Omnibus Equity Incentive Plan. Article content About The FUTR Corporation Article content FUTR's AI Agent App is focused on putting money back in consumer's wallets through a unique data monetization rewards system, personalized offers as well as agent-driven smart payment management. The FUTR AI Agent App will allow Enterprises to get rewarded for contributing consented consumer data to the Agent and also allow Brands to leverage this data to improve personalization and customer acquisition. Article content Article content Forward-Looking Statements Article content This news release may contain forward-looking statements (within the meaning of applicable securities laws) which reflect the Company's current expectations regarding future events. Forward-looking statements are identified by words such as 'believe', 'anticipate', 'project', 'expect', 'intend', 'plan', 'will', 'may', 'estimate' and other similar expressions. These statements are based on the Company's expectations, estimates, forecasts, and projections and include, without limitation, statements regarding the future success of the Company's business and the consolidation of the Company's common shares. The forward-looking statements in this news release are based on certain assumptions. The forward-looking statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. A number of factors could cause actual results to differ materially from the results discussed in the forward-looking statements. Readers, therefore, should not place undue reliance on any such forward-looking statements. Further, these forward-looking statements are made as of the date of this news release and, except as expressly required by applicable law, the Company assumes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. Article content Article content Article content Article content Article content Contacts Article content
Yahoo
02-06-2025
- Business
- Yahoo
FUTR Engages Generation IACP for Market Making and Begins Trading on the Frankfurt Stock Exchange
Toronto, Ontario--(Newsfile Corp. - June 2, 2025) - The FUTR Corporation (TSXV: FTRC) ("FUTR" or the "Company"), a consumer platform enabled by AI Agents and intelligent payment rails that is focused on putting money back in the consumers wallet through zero-party data monetization and agentic cash management is pleased to announce, in compliance with the policies and guidelines of the TSX Venture Exchange and other applicable legislation, it has engaged Generation IACP Inc. to provide market making services with the objective of maintaining a reasonable market and improving the liquidity of FUTR's common shares. Under the agreement, Generation will receive a fee of C$7,500 plus applicable taxes per month. The agreement between the Company and Generation is for an initial term of six (6) months and shall be automatically renewed for subsequent six (6) month periods (collectively, the "Term") unless the Company provides written notice of termination to Generation at least 30 days prior to the end of the Term or Generation provides a written notice of termination to the Company. Commencing on the first anniversary of the agreement, the fee payable to Generation will automatically increase annually by 1.5%. No stock options or other compensation are being granted in connection with the engagement. Generation does not currently own any securities of the Company; however, Generation and its clients may acquire an interest in the securities of the Company in the future. Generation is an arm's length party to the Company. Generation's market making activity will be primarily to correct temporary imbalances in the supply and demand of the Company's shares. Generation will be responsible for the costs it incurs in buying and selling the Company's shares, and no third party will be providing funds or securities for the market making activities. The Company is also pleased to announce that its shares are now listed for trading on the Frankfurt Stock Exchange ("FSE") under the symbol "QA20". This listing will enhance FUTR's visibility and accessibility to European investors, particularly in Germany, one of the world's largest and most active investment markets. The FSE is the largest stock exchange in Germany, operated by parent company Deutsche Borse AG, with over twelve million active investors and one of the largest pools of institutional capital in Europe and handling over 90% of German equity trading. With this listing, the Company's shares will be cross listed on the TSX Venture and the FSE. Michael Hilmer, CEO and Chairperson commented "We are pleased to acquire a European listing as we expand our trading exposure. Having a European listing gives us access to a new and broader market of technology and AI focused investors, and we look forward to sharing our growth plan with them." About The FUTR Corporation The FUTR platform is a consumer platform enabled by AI Agents and intelligent payment rails that is focused on putting money back in the consumers wallet through data monetization and agentic cash management. Forward-Looking Statements This news release may contain forward-looking statements (within the meaning of applicable securities laws) which reflect the Company's current expectations regarding future events. Forward-looking statements are identified by words such as "believe", "anticipate", "project", "expect", "intend", "plan", "will", "may", "estimate" and other similar expressions. These statements are based on the Company's expectations, estimates, forecasts, and projections and include, without limitation, statements regarding the future success of the Company's business and the consolidation of the Company's common shares. The forward-looking statements in this news release are based on certain assumptions. The forward-looking statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. A number of factors could cause actual results to differ materially from the results discussed in the forward-looking statements. Readers, therefore, should not place undue reliance on any such forward-looking statements. Further, these forward-looking statements are made as of the date of this news release and, except as expressly required by applicable law, the Company assumes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. FOR FURTHER INFORMATION PLEASE CONTACT: For more information regarding The FUTR Corporation, please contact: Jason Ewart, EVP, at 416-580-0721. For Investor Relations please contact ir@ Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. To view the source version of this press release, please visit 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
Yahoo
23-05-2025
- Business
- Yahoo
FUTR Announces Closing of $1.25 Million Financing
Toronto, Ontario--(Newsfile Corp. - May 23, 2025) - The FUTR Corporation (TSXV: FTRC) ("FUTR" or the "Company"), a consumer platform enabled by AI Agents and intelligent payment rails that is focused on putting money back in the consumers wallet through data monetization and automated cash management, is pleased to announce that it has completed a new non-brokered private placement of units of the Company. Under the offering 6,250,000 Units were issued at a price of $0.20 per Unit for gross proceeds of $1,250,000. Each Unit is priced at $0.20 per Unit and consists of one common share and one warrant. Each Warrant is exercisable to acquire one Common Share at a price of $0.2875 until June 30, 2027, unless the term of the Warrant is accelerated pursuant to its terms. Net proceeds of the combined offerings will be used for general working capital and growth initiatives, including potential acquisitions. The Units were offered by way of private placement pursuant to exemptions from prospectus requirements under applicable securities laws. All securities issued are subject to a hold period expiring September 24, 2025, in accordance with applicable securities laws and the policies of the TSX Venture Exchange. The Offering has received conditional approval from the TSXV. The Company may pay to eligible persons a cash finder's fee up to 7% of the gross proceeds from the Units placed by the Finders and issue finder unit warrants up to 7% of the aggregate number of Units sold under the Offering attributable to the Finders. Each Finders Unit Warrant shall be exercisable to acquire one Unit of the Company until March 30, 2027, at an exercise price of $0.20 per Unit. A cash finder's fee in the amount of $13,300 was paid in connection with the Offering. The Company also issued 66,500 finder's warrants. The securities have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons absent registration or an applicable exemption from the registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The Company looks forward to reporting its third quarter financial results for the period ending March 30, 2025, at the end of May. About The FUTR Corporation The FUTR platform is a consumer platform enabled by AI Agents and intelligent payment rails that is focused on putting money back in the consumers wallet through data monetization and automated cash management. Forward-Looking Statements This news release may contain forward-looking statements (within the meaning of applicable securities laws) which reflect the Company's current expectations regarding future events. Forward-looking statements are identified by words such as "believe", "anticipate", "project", "expect", "intend", "plan", "will", "may", "estimate" and other similar expressions. These statements are based on the Company's expectations, estimates, forecasts, and projections and include, without limitation, statements regarding the future success of the Company's business and the consolidation of the Company's common shares. The forward-looking statements in this news release are based on certain assumptions. The forward-looking statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. A number of factors could cause actual results to differ materially from the results discussed in the forward-looking statements. Readers, therefore, should not place undue reliance on any such forward-looking statements. Further, these forward-looking statements are made as of the date of this news release and, except as expressly required by applicable law, the Company assumes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. FOR FURTHER INFORMATION, PLEASE CONTACT: For more information regarding The FUTR Corporation, please contact: Jason Ewart, EVP, at 416-580-0721. For Investor Relations, please contact ir@ Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. /Not for distribution to U.S. news wire services or dissemination in the United States/ To view the source version of this press release, please visit
