Future Fintech showcases Orbit E-wallet for Chinese students studying abroad
Future Fintech (NASDAQ:FTFT) subsidiary FTFT UK Limited promoted its Orbit E-wallet app to Chinese study abroad students in Beijing, Shanghai, Hangzhou and Shenzhen. These meetings were originally organized by the University of Manchester and 21 other UK universities.
Orbit E-wallet offers free accounts pre-approved by the company when students pre-open accounts before traveling to the UK. The campaign led to a large increase in FTFT UK social media followers and inquiries on how to open an Orbit E-wallet account after the orientation meeting in China.
“The UK Study Abroad orientation meetings provided us with an excellent platform to promote the FTFT Orbit E-Wallet app which was completely developed and designed by our FTFT UK team. We believe that our unique ‘know your customer’ and account opening process will the ease of use of the app and the Orbit app will provide unparalleled convenience as well as a range of services for Chinese students entering the UK, said Bo Sun, CEO of FTFT UK.
Future Fintech Group builds applications using blockchain technology specifically for the fintech sector. The company has a blockchain-based online shopping mall platform called Chain Cloud Mall (CCM), as well as supply chain financing services, asset management and cryptocurrency market data services. The latest project is the development of a blockchain-based e-commerce technology offering as well as cryptocurrency mining, crypto investment management and a financial services technology and business.
This overseas promotional campaign comes shortly after Future FinTech subsidiary Future Fintech Labs announced a partnership with Currency Cloud, a Visa subsidiary and global payment platform registered with FinCen, to launch a money transfer program for US-based immigrants. The program will be called the Tempo app, and it offers a streamlined, secure and cost-effective way to send money from the US to the rest of North America, Europe, Australia, India and the Philippines.
“Migrants in the US should be able to send money across borders without friction and without prohibitive costs. A fintech company like Future FinTech Labs understands the needs of working people who want to send money to family and friends, and as such is successful in imagining how money flows for this huge market, said Lewis Nurcombe, Sales Director of Currencycloud.
The agreement with Currencycloud gives customers the ability to open digital wallets in multiple currencies and send money more easily than other money transfer services that charge exorbitant fees per transfer. Meanwhile, Tempo’s conversion tool allows users to transfer payment to foreign accounts using a favorable currency conversion and hold foreign currency for users’ convenience.
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