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Vancouver, British Columbia – 19 February 2026 – TheNewswire - Fintechwerx International Software Services Inc. (“Fintechwerx” or the “Company”) today announced that on February 19, 2026 it entered into a Letter of Intent (“LOI”), with U.K.-based CardCorp Limited (“CardCorp”) and Nova Business Holdings Ltd , trading as Stream Innovation Group (“Stream”), arm’s length third-parties, to collaborate in the incorporation and capitalization of a Gibraltar-based payment institution.

The parties intend to establish a new company in Gibraltar that will apply for authorization as a Payment Institution (Class C) under the Financial Services Act 2019 and the Financial Services (Payment Services) Regulations 2020, which requires approval from the Gibraltar Financial Services Commission.

Upon execution of definitive agreements and regulatory approval, Fintechwerx intends to invest £250,000 to acquire a 20% equity interest in the entity to be incorporated. CardCorp and Stream are expected to hold 40% each.

The proposed company is expected to operate as a Payment Facilitator (“PayFac”) under sponsorship arrangements with principal Visa and Mastercard member institutions, subject to regulatory and scheme approvals.

As part of the LOI, Fintechwerx has agreed to provide an initial £50,000 toward regulatory, legal and formation expenses incurred in connection with advancing the proposed transaction. There is no assurance that the contemplated transaction will be completed or that regulatory approval will be obtained.

This investment aligns Fintechwerx with the emerging  digital sovereignty and economic autonomy initiatives in Europe, according to George Hofsink, Co-Founder and Chief Executive Officer of Fintechwerx.

“This initiative reflects our focus on building regulated infrastructure in jurisdictions demonstrating structural change,” says Hofsink. “Platforms that can operate within these new frameworks while maintaining cross-border interoperability follow the global evolution of payments.”

This particular jurisdictional selection reflects the parties’ emphasis on established and well-defined regulatory environments, notes Damon Poole, Chief Executive Officer of CardCorp.

“We understand the strong regulatory framework that Gibraltar offers for the development of a compliant PayFac model,” states Poole. “This proposed partnership brings together regulatory expertise, merchant distribution capability and capital support to pursue that objective.”

The proposed platform is expected to leverage integrated processing and settlement capabilities to support scalable deployment across European markets, confirms Jorgen Eriksson, Chief Executive Officer of Stream.

“Stream has extensive experience operating regulated fintech infrastructure and settlement operations,” adds Eriksson. “We view this PayFac initiative as a logical extension of that experience, combining strong operational capability with capital support and commercial reach.”

The LOI is non-binding except for certain provisions, including confidentiality and funding commitments relating to preliminary regulatory and legal preparation. Completion of the proposed transaction remains subject to execution of definitive agreements, regulatory approval and customary conditions.

About FintechWerx

FintechWerx is a Canadian financial technology company providing onboarding, payments, identity verification, fraud mitigation, and data services to merchants, independent sales organizations, and payment service providers, offering an alternative to the need for a patchwork of providers. Additional information is available atwww.sedarplus.ca or on the Company’s website:www.FintechWerx.com .

About CardCorp Limited

CardCorp is a payments technology and merchant services firm providing integrated mobile and online payment solutions to merchants globally.

About Nova Business Holdings Ltd

Nova Business Holdings Ltd, trading as Stream Innovation Group is a fintech-focused venture development and infrastructure group specialising in regulated payment systems, settlement operations and fintech incubation.

For more information, please contact:

Francisco Carasquero, FintechWerx Co-Founder and CFO
Fintechwerx International Software Services Inc.
Phone: (236) 761-WERX (9379)
Email: info@FintechWerx.com
Website:www.FintechWerx.com
X:www.x.com/fintechwerx

Forward-Looking Information

This news release includes certain statements and information that may constitute

forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as “intends”, “believes” or “anticipates”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “should”, “would” or “occur”. This information and these statements, referred to herein as “forward-looking statements”, are not historical facts, are made as of the date of this news release and include without limitation, statements regarding future plans, estimates and forecasts and statements as to management’s expectations and intentions with respect to, among other things: the proposed incorporation and capitalization of the Gibraltar-based payment institution, the anticipated investment by the Company, the potential establishment and operation of a Gibraltar-regulated Payment Facilitator platform, the receipt of regulatory approvals, and the anticipated benefits of participation in regulated payment infrastructure within European markets.

In making the forward-looking statements in this news release, the Company has applied several material assumptions, including without limitation, that definitive agreements will be successfully negotiated and executed, that regulatory approvals will be obtained in a timely manner, that the proposed entity will be incorporated and licensed as contemplated, and that the proposed PayFac platform will operate as intended within the applicable regulatory framework.

Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial outlook that are incorporated by reference herein, except in accordance with applicable securities laws.

Neither the Canadian Securities Exchange nor the Canadian Investment Regulatory Organization has approved or disapproved the contents of this press release.

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