EQS-News: Accredited Solutions publishes year-end letter to shareholders | 02.01.25

NEW YORK – (NewMediaWire) – January 2, 2025 – Accredited Solutions, Inc. (OTC: ASII) (“Accredited Solutions” or the “Company”), a forward-thinking innovator in the fintech space, is excited to share this end-of-year message year with our valued shareholders, outlining our vision to capitalize on the transformative potential of the fintech landscape.

Dear shareholders,

As 2024 draws to a close, I am filled with immense optimism about the future of accredited solutions. This year hasn’t just been marked by milestones in the e-gift card market; it was about strategically positioning our company at the forefront of the rapidly evolving fintech revolution. Your unwavering support has been instrumental in this journey and I am deeply grateful for the trust you have placed in us.

2024: a pivotal year – Creation of our Fintech foundation

We have not only participated in the e-gift card market in 2024; we strategically leveraged it as a springboard into the broader world of fintech. We have achieved important milestones that have allowed us to capitalize on the immense opportunities within the fintech ecosystem:

1. Record revenues, a sign of things to come: November 2024 saw a phenomenal 37% increase in revenue compared to October. This isn’t just a number, it’s a validation of the power and scalability of our scalable fintech platform, powered by Globetopper’s API.
2. Globetopper acquisition: our gateway to the Fintech universe: Our strategic acquisition of Globetopper in October was a defining moment. This fintech powerhouse’s API technology is key, enabling seamless integration with a vast network of partners, including e-wallets, payment processors and other fintech innovators. We now have a powerful engine to facilitate transactions far beyond traditional gift cards. This situation is similar to other major players, as evidenced by Giftee’s acquisition of YOUGotaGift for $30 million.
3. E-Gift Cards: A Springboard to a Broader Fintech Play: While the e-gift card market, expected to reach $2.1 trillion by 2030, is a significant opportunity in its own right, it also serves as a strategic entry point. Globetopper’s API allows us to take advantage of the growing use of gift cards as a form of stored value, used by consumers for platforms like Amazon, Best Buy, and other major retailers. The ease of use and accessibility of e-gift cards turns them into powerful financial tools.
4. Balance sheet cleaning and positive net result for 2024: paving the way for financially sustainable growth: We have considerably strengthened our financial health, improving our equity from approximately -$7.164 million to -$1.176 million. This significant balance sheet cleanup, including the elimination of all outstanding convertible debt, provides a solid foundation for aggressive growth. The acquisition of Globetopper is expected to be net positive imminently, strengthening our capital base to pursue aggressive fintech expansion. Furthermore, it is expected that, based on the balance sheet clean-up and consolidation of Globetopper, the company will have a positive net result for 2024.
5. Visionary Leadership for a Fintech Future: The addition of Ben Farzam as operational CEO has equipped our team with invaluable fintech and telecommunications expertise. Ben’s strategic vision is focused on leveraging the full potential of our platform to become a dominant force in the fintech landscape.
6. Revenue target of $750 million: a testament to our Fintech ambition: Our ambitious five-year goal of reaching $750 million in revenue is not just a goal; this reflects our deep belief in our potential to revolutionize the fintech industry through strategic acquisitions and organic growth, powered by our innovative platform.

The future is Fintech: beyond e-gift cards, towards global reach and accelerated growth through acquisitions

While 2024 has been a year of remarkable achievements, what really excites me is the immense fintech opportunity that lies ahead. We’re not just riding the wave of the e-gift card boom; we use it to propel us into a much larger and more transformative market. Additionally, now that we have a comfortable path forward with Globetopper, the management team is positioned for additional accretive acquisitions. Shareholders can expect further acquisitions over the next year, as well as other fintech initiatives that we look forward to announcing, hopefully in the first quarter. This fits perfectly with our strategy of organic and acquisition growth.

Our competitive advantage in the Fintech revolution:

• Globetopper API: The universal connector: Globetopper’s API acts as a universal connector, seamlessly integrating with e-wallets, remittance platforms and a wide range of fintech solutions. This allows us to facilitate secure and efficient transactions across borders and platforms.
• Gift cards as a store of value and international remittances: We are capitalizing on the growing trend of using gift cards as a form of stored value and as a tool for international remittances. Globetopper’s API allows us to capitalize on this trend, providing a faster, cheaper and more accessible alternative to traditional remittance methods, particularly in underbanked communities, as they can be used as an instrument of Much cheaper fund transfer than traditional methods.
• Data-Driven Fintech Innovation: We leverage data analytics to understand consumer behavior, providing valuable insights to our partners and driving innovation in areas such as microcredit, loyalty programs and personalized financial services.

Beyond the Numbers: A Culture of Fintech Innovation and People-Centric Growth

Our success is built on the foundation of our exceptional team. Their passion, dedication and ingenuity drives our fintech innovation. We are committed to fostering a culture of collaboration, creativity and continuous learning, where every individual feels empowered to bring their unique talents to the future of finance.

Thank you for being an integral part of the Accredited Solutions journey. The future is bright and together we will achieve extraordinary things in the world of fintech.

Sincerely,

Eduardo Brito, general director

Relevant links:
Press release on the acquisition of Globetopper
Convertible Debt Restructuring Details
Plan to reach $750 million in annual revenue

Safe Harbor Statement:

Statements contained in this press release may be “forward-looking statements.” Forward-looking statements include, but are not limited to, statements that express our intentions, beliefs, expectations, strategies, predictions or other statements relating to our future activities or other future events or conditions. These statements are based on current expectations, estimates and projections regarding our business, based in part on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual results may, and are likely, to differ materially from what is expressed or anticipated in the forward-looking statements as a result of numerous factors. All forward-looking statements speak only as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this press release.

Accredited Solutions, Inc. Contact:
[email protected]

Follow us on social media:
Twitter: @asii_Inc

Source:
Accredited Solutions, Inc.
https://www.diamondcreekwater.com/
https://www.globetopper.com/

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Information source: Diamond Creek Water LLC.