Fintech Select Ltd. (SLXXF) Research

Fintech Select Ltd., a Canadian firm based in Toronto, specializes in delivering a comprehensive suite of financial payment services and solutions. The company operates through three main divisions: Distribution, Call Center, and Financial Services. Among its primary offerings are MasterCard prepaid card programs, specifically designed for corporate and governmental organizations. These MasterCard-branded cards leverage a robust point-of-sale (POS) infrastructure, allowing consumers to easily activate, fund, and reload their accounts. Fintech Select also provides customized or ready-to-implement private label card solutions. These cater to a diverse range of applications and market segments, including government disbursements, employee incentives, rewards programs, payroll management, mobile subscriber services, general-purpose reloadable cards, retail gift cards, healthcare, travel, transit, and loyalty initiatives, available in both open and closed-loop systems. Beyond card services, the company offers mobile banking solutions that encompass peer-to-peer micro-lending, bill payment, remittance services, and various other integrated financial functionalities. Uniquely, Fintech Select also operates a POS cryptocurrency solution, enabling the buying and selling of digital currencies through its network of retail partners. Established in 1999, the company was formerly known as Selectcore Ltd. before officially changing its name to Fintech Select Ltd. in August 2017.

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