Mr. Gavin McMillan reports

REVOLUPAY ANNOUNCES STRATEGIC AGREEMENT WITH SHIFt FINANCIAL SERVICES LTD.

Revolugroup Canada Inc., through its wholly owned subsidiary, RevoluPay, has entered into a strategic collaboration with Shift Financial Services Ltd. This collaboration offers Shift intermediary transfer solutions for core, high-value and high-margin payment transactions, leveraging the RevoluPay innovative multicurrency payment solutions catering to the dynamic needs of global businesses and consumers.

"Our collaboration with Shift is a testament to our commitment to providing top-tier financial solutions that meet the evolving demands of the global market," commented Alfred Manresa, director of Revolugroup and general manager of RevoluPay. "Together, we are setting a new standard for multicurrency transactions, driving the digital payments revolution forward."

The agreement sets forth a detailed operational framework that encompasses intermediary services for processing international transactions streamlined through the RevoluPay platform. Shift has concluded extensive compliance and transaction testing, delivering global transactions exceeding $400,000 (U.S.) in under a week and is prepared to rapidly scale up transactions to support clients' evolving requirements.

Update on the Erik Aaran Lara Riveros agreement

Revolugroup is also excited to announce an initial verbal agreement with Mr. Riveros, marking a significant milestone in the company's commitment to innovate within the financial sector. This agreement, built on mutual respect and a shared vision for the future, underscores a firm foundation of trust and collaboration. A key highlight from the parties' discussions includes Mr. Riveros's commitment to a $647,000 penalty payment, demonstrating his strong belief and confidence in the shared objectives. This amount will be held in trust as both parties enter into a formal agreement to solidify their strategic partnership, aiming to substantially increase transaction volumes and secure a financial injection of up to $12.47-million by Mr. Riveros into Revolugroup Canada.

Moving forward, both parties are focused on finalizing the written agreement and completing the due diligence to ensure a seamless and prompt finalization. Revolugroup will keep its shareholders informed of any developments throughout this process.

"Mr. Riveros's commitment and financial backing are paramount to accelerating our mission of revolutionizing the financial ecosystem," remarked Gavin McMillan, chief executive officer of Revolugroup Canada. "This partnership is an excellent example of the mutual dedication to innovation, and we look forward to rapidly concluding the steps necessary to move forward quickly and efficiently."

About RevoluPay

The company's flagship neo-banking technology is RevoluPay, the Apple and Android multinational payment app. Conceived entirely in-house, RevoluPay features proprietary, sector-specific technology, of which the resulting source code is the company's intellectual property. RevoluPay's built-in features include remittance payments, forex (foreign exchange), retail and hospitality payments, real estate payments, pay-as-you-go phone top-ups, gift cards and on-line credits, utility bill payments, leisure payments, and travel payments. RevoluPay is aimed at the worldwide multibillion-dollar open-banking sector and greater-than-$630-billion family remittance market. RevoluPay is operated by the European wholly owned subsidiary, RevoluPay EP SL, located in Barcelona. RevoluPay is a licensed U.S. MSB (money service business), Canadian FINTRAC (Financial Transactions and Reports Analysis Centre of Canada) and European PSD2 payment institution 6900 under European Union Directive 2015/2366 with EU Passporting. Revolugroup controls five wholly owned subsidiaries on four continents.

About Revolugroup Canada Inc.

Revolugroup is a multiasset, multidivisional, publicly traded Canadian company deploying advanced technologies in: banking, mobile apps, money remittance, cross-border forex payments, mobile phone top-ups, e-gaming, health care payments, e-sports, invoice factoring, on-line travel, vacation resort, blockchain systems and fintech (financial technology) app sectors.

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