FAST FINANCE24 HOLDING AG Fast Finance 24 Holding AG (ISIN DE000A1PG508) has reported positive developments following the market launch of its subsidiary Fast Finance Pay Corp.'s app, OK.secure - Crypto Wallet Messenger. The company plans to expand the app's range of functions within the framework of a subscription model.
Positive development after soft launch
Since its soft launch in November 2023, OK.secure has already recorded over 27,000 installations as of the end of January 2024. Sales via third-party partners Bitrefill, Coinify, and Changelly have increased fivefold by the end of February 2024, confirming that secure communication and uncomplicated spending of cryptocurrencies are attracting significant interest. These successes were achieved exclusively through internal promotions within our community platform. The expanding OK.de community allows for cost-effective internal marketing for OK.secure, including through user recommendations. The next step is to conduct initial marketing activities to establish accurate growth metrics and evaluate return on investment.
OK.secure business wallet
OK.secure already supports 40 blockchains and over 4,000 cryptocurrencies, including BTC, ETH, and Tether. As part of the planned app expansion, the introduction of a new business wallet will be a key element. The OK.secure business wallet allows entrepreneurs, physical stores, and online platforms to accept cryptocurrency payments from customers worldwide, regardless of their location or preferred digital wallets. This modern payment option benefits entrepreneurs by offering their customers a fast and secure payment method. Physical stores benefit from the convenience of QR code payments, while online stores can expand their customer base and improve transaction efficiency by easily integrating crypto payments. The business wallet facilitates seamless communication with various digital wallet providers and promises faster payment transactions with improved accessibility. This is especially advantageous for individuals and businesses in regions with limited banking infrastructure.
A notable innovation is the ability for businesses to withdraw cryptocurrencies in USD, EUR, and other currencies to their bank account with ease. This innovative solution enables the direct conversion of cryptocurrency payments into fiat currency, connecting the crypto-economy with the traditional financial system.
Sören Jensen, Chairman of Fast Finance 24 Holding AG, stated, "We have established a solid foundation for further growth with over 27,000 installations during the soft launch phase and significant revenues." Our plans to expand the app, especially with the business wallet, are in direct response to our users' needs and a step towards revolutionizing financial transactions for businesses worldwide. Given the rising popularity of cryptocurrencies and the increasing desire to make digital payments in crypto, we see significant potential for our platform. Additionally, there are indications of growing interest from institutional investors, which bolsters our optimism for the future. We are confident that our ongoing innovation and the commitment of our team will establish Fast Finance Pay Corp. as a leader in the digital finance industry.
Press contact:
For media inquiries, please contact Fast Finance 24 Holding AG at Uhlandstr. 165, 10719 Berlin. You can reach us by phone at +49 (0)30-7262 1234-4 or by email at [email protected]. Visit our website at www.fastfinance24.com/de/ for more information.
Fast Finance 24 Holding AG is an investment company listed on the stock exchange with a focus on European Internet companies with a global orientation. Our main areas of interest are finance, marketing, communication, and IT. Fast Finance 24 Holding AG is always seeking to expand its portfolio, either through new investments or by developing new business areas that are then operated by its own subsidiaries. The FF24 share is listed on the Frankfurt Stock Exchange's open market under the identification number (ISIN) DE000A1PG508 and is traded on the Frankfurt, Xetra, Berlin, Munich, and Tradegate stock exchanges.
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Fast Finance 24 Holding AG published this content on 05 March 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 March 2024 10:34:07 UTC.
