WASHINGTON, DC, April 29, 2024 - CashX, a subsidiary of Xalles Holdings Inc., is delighted to announce the appointment of Craig Libson as Executive Vice President of Card Programs. With extensive experience in fintech and business development, Craig will lead the launch of CashX's instant issue Mastercard, targeting over 60 million unbanked individuals in the U.S. and 1.1 billion worldwide.
A seasoned Executive and Attorney, Craig has over 30 years of experience leading mobile operators, gaming, payment and other fintech companies pioneering disruptive technologies to expand and open new markets. His expertise in driving growth in complex regulatory environments will be instrumental as CashX strives to democratize financial access.
"Craig is exceptionally positioned to propel our mission forward, leveraging his profound insights into tech-driven financial services to enhance financial inclusion globally," said Stephen Combe, CEO of CashX. "Craig's leadership is expected to greatly influence CashX's strategic direction and operational success, aiming to transform financial service delivery for the underserved."
Craig expressed enthusiasm about his new role, "I am excited to drive CashX's vision of accessible and equitable financial services, making significant impacts on the economic well-being of millions." His appointment, effective immediately, marks a pivotal step in CashX's expansion efforts.
About CashXAI Inc.
CashXAI Inc., a leader in financial innovation, offers a dynamic platform for individuals lacking traditional banking access. The CashXAI mobile app simplifies converting cash into digital currency, supporting transactions from bill payments to cryptocurrency investments without requiring a bank account. With an extensive retail network, CashXAI provides unparalleled financial freedom and management capabilities, empowering users to effortlessly control their finances from anywhere. CashXAI stands at the forefront of bridging financial gaps for underbanked communities. For more information, please visit the CashX website at https://cashx.ai/
About Xalles Holdings Inc. (OTC Pink: XALL)
Xalles Holdings Inc. is a leading holding company, specializing in innovative technology and financial service solutions. Focused on growth and diversification, Xalles Holdings is committed to developing cutting-edge technology-based solutions across various sectors, with an emphasis on supporting disruptive companies. Utilizing its proprietary Xalles RISE Business Model (Roll In, Selected Exit), the company actively seeks acquisition targets with solid management teams, robust business models, expansive total attainable markets (TAM), and enticing exit opportunities. Emphasizing the integration of blockchain and cutting-edge technologies, Xalles provides industry-leading solutions, poised to capture recurring revenue streams over time. Discover more at Xalles.com.
Forward-Looking Statements Disclaimer
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, you can identify forward-looking statements by the following words: "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "ongoing," "plan," "potential," "predict," "project," "should," "will," "would," or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. Forward-looking statements are not a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Forward-looking statements are based on information available at the time the statements are made and involve known and unknown risks, uncertainty and other factors that may cause our results, levels of activity, performance, or achievements to be materially different from the information expressed or implied by the forward-looking statements in this press release. This press release should be considered in light of all filings of the Company that are contained in the Edgar Archives of the Securities and Exchange Commission at SEC.gov and in OTC Markets at OTCMarkets.com.
Investor Relations Contact:
IR: 202.779.1460