Newt Corporation Announces Strategic Partnership with Carta Worldwide

Steve Hoffman Newt Corporation (“Newt” or the “Company”) is pleased to announce that it formed a Strategic Partnership with Carta Worldwide, an Oakville-based award-winning leader in digital transaction processing and enablement technologies, on May 1st, 2018.

As per the terms of the agreement, Carta Worldwide agrees to provide Newt Corporation with extensive API access for Fintech business, allowing Newt to provide innovative services for both personal and commercial customers. Carta also commits to assist Newt in connecting with broad range of global banking and clearing partners. In addition, Carta will offer customized solutions in accordance with the expansion of Newt’s business, and will optimize its offering to meet Newt’s future strategic layout. With Carta’s ongoing support, the company is confident that its payment platform will be able to offer an unprecedented advanced user experience.

Steve Hoffman, Newt’s Founder, noted: “Strategic partnership with Carta is a significant milestone for a young and ambitious company, such as Newt. We are excited to have Carta as our partner and are confident that their support will solidify our product and service offering.”

About Newt

Newt Corporation is a Canadian Company that aims to become a Fintech Leader in money transfers, as well as mobile and digital online payments and services. Utilizing the latest payment processing technologies, Newt provides merchants, consumers, and the unbanked population with cashless mobile payment services, rechargeable prepaid cards, and remittances. By choosing Newt Payment System, end customers will take the guessing game out of sending payments, and merchants will be empowered to provide seamless transactions in a more secure and efficient way. Newt delivers next generation payment transfer solutions using new methods for international money transfers. The company’s platform has been designed from the ground up for modern payments in a new ecosystem with full configurability, open API integration, and enhanced value-added services.

About Carta Worldwide

Carta is an award-winning leader in digital transaction processing and enablement technologies, including Cloud Based Payments and Host Card Emulation (HCE), Tokenization, and Value-Added Services such as Digital Offers, Loyalty and Stored Value solutions.