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iQSTEL, Inc.’s Global Money One Ecosystem Positions To Accelerate Latin Market Penetration With Planned AGO Bank Corp Partnership (OTCQB: IQST)

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iQSTEL, Inc.’s Global Money One Ecosystem Positions To Accelerate Latin Market Penetration With Planned AGO Bank Corp Partnership (OTCQB: IQST)

July 28
07:30 2021

iQSTEL, Inc. (OTCQB: IQST) stock may be churning near its Reg A price of $0.50, but consider the entry point a compelling opportunity. Not only are revenues surging, but they are also coming from a platform that keeps getting stronger. And that bodes well for further growth next year.

Earlier this week, IQST showed that their progress in advancing its Global Money One ecosystem is not slowing down, announcing negotiations in progress with Ago Bank Corporation to establish a partnership that expands the financial services Ago can provide to its clients by connecting to iQSTEL’s Global Money One MAXMO/VIMO Ecosystem. 

According to IQST, the deal could add millions more per year in revenues, adding to what is already expected to be a record-setting year targeting $60 million in sales.

This newest opportunity takes IQST subsidiary, Global Money One Inc, to another level, expanding its recently launched MAXMO/VIMO Fintech Ecosystem. The MAXMO Ecosystem is live, and the VIMO Ecosystem will be live soon. Both products can be substantial revenue-generating assets in the back half of this year.

MAXMO Ecosystem Spreading In Latin America

Its MAXMO Ecosystem provides clients with a Mastercard Debit Card, a US Bank Account, a mobile App/Wallet, cryptocurrency exchange services, remittances, and mobile top-up. The planned deal with AGO would leverage its network of 10,000 agents in Latin America and reach Venezuela, where entry barriers are high.

Further, IQST notes that an AGO and iQSTEL partnership is a win-win proposition. AGO clients benefit from a broader array of financial services, iQSTEL benefits from the growth potential of its Global Money One MAXMO/VIMO Fintech Ecosystem that would get a boost from more than 10,000 AGO agents.

The planned deal also expands IQST’s opportunities to grow its new EVoss division (Electric Vehicle Division) by taking advantage of the AGO relationship to market an EVoss electric motorcycle packaged with AGO purchase financing within the Latin American regions.

Although the negotiations are ongoing, it’s fair to point out that IQST typically achieves what it sets out to do. Thus, updates will likely be positive.

Driving Innovation In EV, Fintech, And Telecommunications Sectors

Beyond that potential expansion, IQST is developing a comprehensive EV battery ecosystem by providing solutions such as Battery Chargers, Battery Management Software, and an integrated Internet of Things. That division, which includes partnerships with Alternet Systems (OTCMKTS: ALYI), can be a revenue-generating juggernaut and also helps to diversify its portfolio and capitalize on new business opportunities across Africa and Latin America.

It’s also part of a much bigger international story. This US-based telecommunications and fintech company is already providing services to clients across the globe, most of which offer significant advantages over existing solutions in telecommunications, electric vehicles (EV), liquid fuel distribution, chemicals, and financial services. IQST has operations in over 13 countries, with plans to expand that reach substantially over the next twelve months.

In the back half of this year, a substantial revenue driver could come through its recently launched Mobile Number Portability Application (MNPA) Blockchain Platform, itsBchain. The itsBchain MNPA streamlines switching mobile network carriers while retaining the same phone number, a procedure that often requires the involvement of a third party and significant waiting periods. At the core of this solution is its ability to bring more power to the user and network providers. 

Specifically, it allows all parties to jump logistical hurdles by enabling users to switch networks while keeping their same phone number in just three taps on a smartphone.

The opportunity for IQST is substantial. The MNPA platform as a service (PaaS) targets a market estimated at $530 million annually. And IQST already expects to earn upwards of $25 million per year during the next three years from MNPA alone. By the way, that initiative is underway, which is excellent news for IQST and its shareholders.

Further, its Visa Debit Card services under the brand name Visa Money One (VIMO) is another milestone reached. IQST brands VIMO as more than just a debit card- offering a comprehensive banking platform that includes various financial services such as the ability to open a US Bank Account, make a Mobile Wallet payment, and more. One of the most exciting features of the Visa Money One platform is that it will allow users to purchase and sell cryptocurrencies, capitalizing upon the rapidly growing public interest in the crypto industry.

And by making it simple to purchase and sell cryptocurrencies on the VIMO platform, IQST is well-positioned to soon join the ranks of other applications that have made billions by simplifying investment processes. 

Better still, with the platform enhancing its client reach, IQST estimates that the product and service could generate over $128 million in revenues over the next five years. Combined with its other initiatives, such as the itsBchain MNPA platform, the second half of 2021 could bring unprecedented growth for IQST.

A Busy year, A Busy 2H 2021

Indeed, the sum of the parts calls for 2H 2021 to be a substantial period of growth for IQST. In fact, they look better positioned than ever to capitalize on multiple diversified market opportunities. And with its MNPA platform, the launch of Visa Money One, and the new possibilities offered by its EV collaborations with ALYI, IQST is positioned to accelerate already impressive growth not only in 2021 but also through 2022.

Thus, while its $0.50 Reg A offering price may be keeping a lid on prices today, that offering will soon come to a close. And when it does, expect IQST to run toward a more appropriate valuation worthy of a $60 million revenue-generating company.

Until then, consider these prices a compelling investment opportunity.

 

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