Midpoint Wins Most Innovative Payments Company Award

CBJ Newsmakers

LONDON, Nov. 05, 2018 (GLOBE NEWSWIRE) — Midpoint Holdings Limited (TSX.V: MPT) (“Midpoint” or the “Company”) is pleased to announce that it has been awarded Most Innovative Payments Company 2018 by European CEO.

Monika Wojcik, Head of Special Projects, at European CEO Magazine, said, “Mr Wong led a successful turnaround at Midpoint by his vision, coupled with character, leadership and humility that only the most successful leaders possess. His drive to inspire the Midpoint team brought the company to be recognized as an innovative solution provider by its peers, clients and other markets participants.”

In accepting the award, Midpoint’s CEO & President David Wong thanked European CEO magazine and said that the award goes to the whole team at Midpoint and our investors. Mr. Wong added, I am happy and grateful for us to receive this recognition while building on Midpoint’s core business which has helped our clients save millions of dollars in their foreign exchange and international wire fees.”

The European CEO magazine is one of the World News Media (WNM)’s most prestigious titles and has been published for the last 15 years.

About European CEO
European CEO is a leading subscription-based print and online publication, delivered quarterly to c-suite executives in 28 countries throughout Europe. With a network of journalists reporting to headquarters in London, European CEO provides the numbers, detailed analysis, strategy and guidance needed to make qualified business decisions in Europe’s diverse marketplace.

For further information: www.europeanceo.com

About Midpoint

Headquartered in London, Midpoint is an FCA authorized payments institution specializing in cross-border payments and foreign exchange. SMEs, overseas professionals, property owners, foreign students, individuals and anyone involved in international payments, use Midpoint’s US patent protected platform for transparent, multi-party, multi-currency services.

Midpoint is currently handling transactions in 23 currencies with the ability to collect and transfer across 72 countries.  This highly secure platform provides customers with the most cost-effective FX at the midpoint of the interbank buy/sell rate therefore removing the spread as well as hidden costs and fees.

Midpoint Holdings Limited is listed on the TSX Venture Exchange and cross-listed on the Frankfurt Stock Exchange.

For further information:

Corbin Comishin, CFO
Midpoint Holdings Ltd.
Tel:  (250) 352-7667
  David Wong, President and CEO
26 Finsbury Square, EC2A 1DS, London, United Kingdom
Tel:  +44 20 7448 3081

Neither the TSX Venture Exchange (the “TSXV”) nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release and has neither approved nor disapproved of the contents of this news release.

Forward-looking information

This news release contains certain “forward-looking information” within the meaning of applicable securities law. Forward looking information is frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate”, “may”, “will”, “would”, “potential”, “proposed” and other similar words, or statements that certain events or conditions “may” or “will” occur. These statements are only predictions. Forward-looking information is based on the opinions and estimates of management at the date the information is provided, and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. For a description of the risks and uncertainties facing Midpoint and its business and affairs, readers should refer to Midpoint’s Management’s Discussion and Analysis. Midpoint undertakes no obligation to update forward-looking information if circumstances or management’s estimates or opinions should change, unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.

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