SUIC Midas Touch signs with $ 200 million in funding pledges with Suntech, the largest Taiwanese O2O company with 50,000 dealers and 10 million users, to jointly expand into over 40 countries in 2022 and 2023 and millions of dealers worldwide to use

0

NEW YORK, NY and TAIPEI, TAIWAN / ACCESSWIRE / June 30, 2021 / Sino United Worldwide Consolidated Ltd. (OTC: SUIC), Midas Touch of UK with a $ 200 million investment commitment from Taiwan’s top 4 family investment groups, signed with Suntech, the largest Taiwanese O2O company with over 50,000 merchants and 10 million users. Together, SUIC Midas and Suntech Technology will drive expansion plans, which will extend to over 40 countries in 2022 and 2023. This global expansion will reach and serve millions more distributors around the world.

SUIC Midas expects the first tranche of the fund commitment of 10 million before the end of August 2021 and the remaining funds in tranches by the end of this year. The company is making these funds available for the initiatives and activities of the expansion plan 2021. SUIC Midas Touch provides Suntech Technology with the most innovative SCF solutions, technologies and financing to enable Suntech to develop more diversified and differentiated products and services that aim to improve the company’s market and price competitive advantage and increase its profitability. This expansion will open doors for global cross-border trading and settlement.

“Thanks to Midas Touch’s groundbreaking business model, Suntech believes that with SUIC-Midas’ services and products: MT Flash Pay ™ – Same Day Swipe & Funding and MT CQ Pay ™ – Emergency Loan with Double Revenue, MT Unified Procurement ™ – Through Combining purchasing power with economies of scale and several other financial solutions, Suntech will experience explosive growth worldwide and expects to double its business in terms of dealer size and sales rate, and triple its sales and net profit. ‘ says Joa Chen, General Manager of Suntech.

SUIC Midas Touch will replicate its exclusive business model in 40 countries, with over 20 service payment companies joining the company this year and through 2022. The company is in the final stages of identifying its partners in various countries and is targeting one million merchants and a sales rate of $ 10 billion by 2022.

Phase 1 would cover North America, including the United States and Canada; Australia, New Zealand and 8 countries in Southeast Asia, while the Phase 2 expansion will cover South Asia and the Middle East countries to cover more than 40 countries in total in 2022 and 2023.

The expansion and expansion of the SUIC Midas-Suntech Technology partnership is opportune at a critical time to move forward as private sector investment in emerging markets has begun to revitalize economies around the world.

Via Midas Touch, United Kingdom

Midas Touch was founded in the UK in 2010 and is a duly registered company with a business license. Midas Touch offers protection against fraud in the field of digital currencies, e.g. B. counterfeit transfer of digital cash in wallets. Focus on digital asset management, providing decentralized finance (DeFi) and other comprehensive supply chains with innovative financial services to companies. Solve capital turnover problems in both supply and demand locations. It introduced MT Flash Pay ™ – Same Day Swipe & Funding, and MT CQ Pay ™ – Double Revenue Emergency Loan, MT Unified Procurement ™ – Combined Purchasing Power for Economies of Scale, and several other financial solutions. To find out more about Midas Touch, visit the website at www.midas-touch.io

To learn more about Midas Touch products and services, please click
https://drive.google.com/file/d/1xh1KGy1DkvYDGow_J6PUFc6svAk_3vL5/view?usp=drivesdk

About Sino United Worldwide Consolidated Ltd., USA

Sino United Worldwide Consolidated Ltd. offers research and development, risk finance and investments in private companies and the public sector that develop products and services, the core functions of the Internet of Things, cloud computing, mobile payment, big data, blockchain and blockchain artificial intelligence to improve existing processes and rationalize and establish new and exciting business models that create revolutionary products and services. SUIC shareholders will be exposed to the multiple uses of advanced services in different areas of the economy. In addition, existing and potential customers can benefit from the company’s diversified technology portfolio. As one of the pioneering listed technology companies, SUIC will help build technology-capable companies of the future. To learn more, please visit www.sinounitedco.com

Forward-looking statement

Certain of the information contained herein contains “forward-looking information”, including “forward-looking financial information”; and “Financial Outlook” under applicable securities laws (collectively referred to herein as forward-looking statements). Except for statements of historical fact, the information contained herein constitutes forward-looking statements and includes, but is not limited to (i) the company’s forecast financial performance; (ii) Conclusion and use of the proceeds from the sale of the shares offered hereunder; (iii) the anticipated development of the Company’s businesses, projects and joint ventures; (iv) Execute the company’s vision and growth strategy, including in relation to future M&A activities and global growth; (v) sources and availability of third party funding for the Company’s projects; (vi) Completion of the Company’s projects currently underway, under development or otherwise under consideration; (vi) renewal of the Company’s current agreements; and (vii) future liquidity, working capital and capital requirements. Forward-looking statements are provided to enable potential investors to understand management’s beliefs and opinions regarding the future, so that they can use those beliefs and opinions as a factor in evaluating an investment.

These statements are not guarantees of future performance and should not be placed under undue reliance on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties that could cause actual performance and financial results in future periods to differ materially from the projections of future performance or results expressed or implied in such forward-looking statements. Although the forward-looking statements contained herein are based on reasonable assumptions that the company’s management believes to be correct, there can be no assurance that the forward-looking statements will prove to be correct, as actual results and future events could differ materially from those anticipated in them Statement. The company assumes no obligation to update any forward-looking statements if circumstances or management’s estimates or opinions change, unless required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking statements.

CONTACT:
Sino United Worldwide Consolidated Ltd.
New Releases Department
929-391-2550

SOURCE: Sino United Worldwide Consolidated Ltd.

View source version on accesswire.com:
https://www.accesswire.com/653543/SUIC-Midas-Touch-With-200-Million-Fund-Commitments-is-Signing-with-Suntech-the-Largest-Taiwan-O2O-Company-With-50000- Dealers-and-10-million-users-together-to-push-the-expansion-to-over-40-countries-in-2022-and-2023-ahead-and-millions

Share.

Leave A Reply