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Tiger Financial Services Inc. - Common Shares
Symbol BANQ
Shares Issued 52,500,000
Close 2026-10-06 C$ 0.56
Market Cap C$ 29,400,000
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ORIGINAL: Tiger Financial Secures Additional 2,000 POS Device Orders

2026-10-07 08:00 ET - News Release

(via TheNewswire)

Tiger Financial Services Inc.


2,000 additional devices ordered within two weeks, following September 29 order for 1,000 devices; reaching 3,000 deployments targeted across multiple merchant verticals by Q1 2027

Bank and ISO c hannels d rive Vietnam e xpansion

Vancouver, BC and San Juan, Puerto Rico, October 7, 2026 - TheNewswire - Tiger Financial Services Inc., (CSE:BANQ) (“ Tiger ” or the “ Company ”) is pleased to announce that it has secured signed purchase orders for an additional 2,000 point-of-sale (“ POS ”) devices for deployment across its merchant network in Vietnam. The orders were received through Tiger’s licensed commercial bank partner and its Independent Sales Organization (“ ISO ”) channel.

 

The latest orders follow the  1,000-device order announced on September 29, 2026 , bringing total new POS device orders secured by Tiger in Vietnam to  3,000 in just two weeks .

 

The devices are expected to be deployed across a broad range of merchant categories, including retail stores, restaurants and coffee shops, gas stations and clinics, with deployment targeted for completion by the end of the first quarter of 2027.

 

The new orders provide further commercial momentum for Tiger’s expansion in Vietnam and demonstrate activity across both of the Company’s complementary distribution channels. Tiger’s licensed commercial bank partner provides access to established merchant relationships, while its ISO channel provides a direct merchant acquisition capability. Together, these channels give Tiger multiple avenues to expand its merchant footprint and grow its installed base without relying on a single source of demand.

 

Ben Aissa, CEO of Tiger Financial Services, stated , “Securing 3,000 new POS device orders in just two weeks is a significant milestone for Tiger and a clear indication of the commercial momentum we are building in Vietnam. What is particularly encouraging is that these orders are coming through both sides of our distribution model — our licensed banking partner and our own ISO network. That gives us multiple channels to reach merchants and creates a scalable foundation for continued expansion. Our priority now is execution: deploying these devices, growing our installed base and turning this momentum into additional orders and more merchant deployments.” . Mr. Ben Aissa added: “These orders are just the beginning. We a re only getting started . ”

 

Tiger continues to focus on expanding its merchant footprint in Vietnam through its banking and ISO relationships, with the latest orders adding to the Company’s growing pipeline of POS deployments in the market.

 

In addition, Tiger is pleased to announce that it has granted an aggregate of 60,000 stock options (“ Options ”) to a consultant of the Company. The Options have an exercise price of $0.56 per share and an expiry date of five years from the date of grant. The Options vested on the date of grant.

   

About Tiger Financial Services Inc.


Tiger is an international fintech focused on high-growth emerging markets. Headquartered in Puerto Rico, the company develops and launches AI-powered banking infrastructure for small businesses across Southeast Asia. Led by founder and CEO Ben Aissa, a fintech entrepreneur with over 20 years of international experience scaling payments and banking ventures, Tiger combines AI-driven payments, digital banking, and embedded finance to serve one of the world's largest underserved business segments. Through its Vietnam subsidiary, Vietpay Technology Company Corporation, Tiger has an operating foothold in Southeast Asia and plans to expand across Thailand, Indonesia, Malaysia, the Philippines, Cambodia, and Myanmar, a regional opportunity of more than 60 million small businesses. Tiger's model combines proprietary technology with deep market expansion expertise and partnerships with licensed commercial banks, enabling the company to deliver tailored local fintech services in full compliance with regulators while executing a multi-country high-growth strategy.

 

Cautionary Note

 

For further information, please contact: 

 

Rob Crocker, VP Capital Markets

Phone: (647) 521-9081
Email:  rob.crocker@tigerfinancial.com    

 

Forward-Looking Information

 

The Canadian Securities Exchange has in no way approved nor disapproved the contents of this press release. Neither the Canadian Securities Exchange nor the Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. This press release contains forward-looking statements and information that are based on the beliefs of management and reflect Tiger’s current expectations. When used in this press release, the words "estimate", "project", "belief", "anticipate", "intend", "expect", "plan", "predict", "may" or "should" and the negative of these words or such variations thereon or comparable terminology are intended to identify forward-looking statements and information. 

 

Such statements and information reflect the current view of Tiger. Risks and uncertainties that may cause actual results to differ materially from those contemplated in those forward-looking statements and information. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the following risks: (a) Tiger may require additional financing from time to time in order to continue its operations; (b) financing may not be available when needed or on terms and conditions acceptable to the Tiger; (c) new laws or regulations could adversely affect the Tiger's business and results of operations; and (d) the stock markets have experienced volatility that often has been unrelated to the performance of companies. These fluctuations may adversely affect the price of the Tiger's securities, regardless of its operating performance.

 

There are a number of important factors that could cause the Tiger's actual results to differ materially from those indicated or implied by forward-looking statements and information. Such factors include, among others: limited business history of Tiger; risks related to Tiger’s corporate strategy including that previous and future acquisitions do not meet expectations, disruptions or changes in the credit or security markets; results of operation activities; unanticipated costs and expenses, fluctuations in commodity prices, and general market and industry conditions. Tiger cautions that the foregoing list of material factors is not exhaustive. When relying on Tiger’s forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Tiger has assumed that the material factors referred to in the previous paragraph will not cause such forward-looking statements and information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. The forward-looking information contained in this press release represents the expectations of Tiger as of the date of this press release and, accordingly, is subject to change after such date. Readers should not place undue importance on forward looking information and should not rely upon this information as of any other date. While Tiger may elect to, it does not undertake to update this information at any particular time except as required in accordance with applicable laws. 

 

The securities being offered have not, nor will they be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons in the absence of U.S. registration or an applicable exemption from the U.S. registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in the United States or in any other jurisdiction in which such offer, solicitation or sale would be unlawful.

 

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