VANCOUVER – March 25, 2019 – Katipult Technology Corp. (TSXV:FUND and FRA:K10) (“Katipult” or the “Company”), an industry leading and award-winning cloud-based software infrastructure digitizing and automating private placements, is pleased to announce the addition of a top Singapore Advisory firm to its growing client list.
Headquartered in Singapore, RHT Group offers integrated professional services to businesses, through its member companies and their subsidiaries. Working with 80 out of Singapore’s 300 publicly listed companies, they have a proven track record of helping businesses grow and accomplish their strategic growth plans.
Carrington RHT Wealth, a joint venture between RHT Group and US-based Carrington Group, tapped Katipult to provide the software for their new online investment platform connecting issuers and investors. The Katipult software will support their operations across this spectrum of offerings while streamlining and automating internal processes like investor and issuer onboarding, KYC and AML checks, as well as regulatory compliance and reporting.
“We are excited and encouraged by the increasingly sophisticated client acquisitions we are making and by the broader industry trend to embrace the end-to-end digitization of online capital raises and investor servicing” said Katipult CEO Brock Murray.
“This is part of a deliberate strategy at Katipult to move up market and to demonstrate our value proposition in the enterprise market. This will be a sustained push in 2019 and beyond, and we are encouraged by the results at RHT Group.”
Katipult (www.katipult.com) is a proprietary cloud-based software infrastructure to digitize and automate private placements, while providing best-of-breed standards for eliminating transaction redundancy, enhancing investor experience, and accelerating deal flow. We provide unparalleled adaptability for regulatory compliance, asset structure, business model, and localization requirements. We have compliant platforms in over 20 unique regulatory environments.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.
Cautionary Note Regarding Forward Looking Statements:
Certain disclosures in this release, including statements regarding the increased or continued industry interest in the Company’s product, future growth and the strategy to move upmarket and to demonstrate Katipult’s value proposition in the enterprise market, constitute forward-looking statements. In making the forward-looking statements in this release, the Company has applied certain factors and assumptions that are based on the Company’s current beliefs as well as assumptions made by and information currently available to the Company, including, but not limited to, the Company’s product will continue to operate as expected, and the industry will continue to see value in the Company’s product. Although the Company considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect, and the forward-looking statements in this release are subject to numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking statements. Readers are cautioned not to place undue reliance on forward-looking statements. The Company does not intend, and expressly disclaims any intention or obligation to, update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law.