Vancouver, British Columbia--(Newsfile Corp. - September 29, 2017) - Glance Technologies (CSE:GET) (FSE: GJT) (OTCQB: GLNNF) (CSE: GET.WT) has appointed Spiros Margaris, a venture capitalist and thought leader in the FinTech and InsurTech industries, to its advisory board.
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He is ranked #1 FinTech global influencer and #2 InsurTech global influencer by Onalytica and he regularly appears in the top three positions in several industry rankings. Spiros also is ranked the #11 Artificial Intelligence influencer worldwide by Jay Palter Social Advisory, and ranked #10 Blockchain Influencer by Right Relevance.
He is a frequent speaker at international FinTech and InsurTech conferences, and he publishes articles on his innovation proposals and thought leadership. As part of his engagement, Spiros will assist Glance in identifying opportunities for growth in the FinTech sector internationally and provide advice on strategy.
Spiros Margaris stated: "I see Glance Pay as one of the great fintech opportunities that one does not come across often. The team has proven that it knows how to execute its strategy successfully in Canada and I am convinced they can do the same in the U.S. I am excited to be part of such a great team and to contribute as an Advisory Board member to the Glance Pay success story."
Glance Technologies owns and operates Glance Pay, a streamlined payment system that revolutionizes how smartphone users choose where to dine, order goods and services, make payments, and access digital receipts. Glance is building a valuable network of merchants and consumers, and offers targeted in-app marketing, geo targeted digital coupons, social media marketing, customer feedback, in-merchant messaging and custom rewards programs. The company's innovative, robust mobile payment app includes proprietary anti-fraud technology, for which the company has filed patents.
The company has entered into significant licensing agreements to access the cannabis, fitness and wellness industries through Active Pay Distribution Inc. and Cannapay Financial Inc. Cannapay, a partially owned subsidiary, combines traditional financial services with innovative technology to provide enhanced digital financial services to legally operating businesses in the cannabis industry.
Future plans include offering multiple payment channels in cryptocurrency and is reviewing how cryptocurrency and blockchain may be used to strengthen security features and to broaden the utility of the payment system.
The shares are trading at $0.49, and with 94 million shares outstanding, the company is capitalized at $46 million.
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