Canadian-based financial technology applications company, Interlapse Technologies Corp. (TSXV: INLA / OTCQB: INLAF), reports continued growth from the Company’s virtual currency platform, Coincurve.com.

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Since the beta and the official launch of Coincurve on June 19, 2019, the platform has processed over 11,000 transactions and $2.3 million in sales volume.

“The organic growth for Coincurve and the virtual currency market in Canada has been very encouraging. Also, we are poised to launch our platform into international markets alongside increasing virtual currency adoption.” commented Wayne Chen, CEO of Interlapse Technologies Corp.

In May 2020, Coincurve achieved its best performing month from its Canadian operation. As of May 31, 2020, the Company posted monthly average increase of 102% in volume and a 141% increase in revenues since the beta launch of Coincurve.

“Although in early stages of adoption, virtual currency has a great future on the horizon.” Mr. Chen continued. “In addition to being recognized as a store-of-value, virtual currency is a revolutionary technology, which has immense, international-scale business value for tech-driven financial applications.”

About Interlapse Technologies Corp.

Interlapse Technologies Corp. is a financial technology applications company accelerating the global mega-trend of virtual currency adoption. Our signature product, Coincurve.com, enables a simple, safe way to buy and spend virtual currency.

To learn more, visit www.interlapse.com.

For further information:
Ashley Garnot, Corporate Development
Phone: 1.604.669.0912
Email: [email protected]
Website: www.interlapse.com

 Neither TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Information
Statements contained in this release that are not historical facts are forward-looking statements that involve various risks and uncertainty affecting the business of Interlapse. In making the forward-looking statements, Interlapse has applied certain assumptions that are based on information available, including Interlapse’s strategic plan for the near and mid-term. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Interlapse does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

Canadian-based FinTech applications company, Interlapse Technologies Corp. (TSXV: INLA / OTCQB: INLAF), reports strong growth from the Company’s owned and operated, non-custodial, virtual currency platform, Coincurve.com.

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In March 2020, Coincurve posted its best performing month with an increase of 163% in processed transactions and an increase of 60% in revenues, compared to the previous three-month average.

These results do not include any transaction volume or revenue from the recently announced acquisition of BuyBitcoinCanada.com on March 31, 2020, which is now being integrated into the Coincurve platform.

Considering that Coincurve is a relatively new enterprise, which launched on June 19, 2019 and currently serves only Canadian customers; the organic growth of the platform is extremely encouraging.

More importantly, the performance demonstrates the significant potential of the Company’s revenue-generating model, paving the way for global expansion. On this point, and given the strong backdrop developing for virtual currency, the Company remains committed to executing its international expansion strategy.

About Interlapse Technologies Corp.
Interlapse Technologies Corp. is a FinTech applications company accelerating the global mega-trend of virtual currency adoption. Our signature product coincurve.com enables a simple, safe way to buy and spend Bitcoin and Bitcoin Cash.

To learn more, visit www.interlapse.com.

For further information:
Ashley Garnot, Corporate Development
Phone: 1.604.669.0912
Email: [email protected]
Website: www.interlapse.com

Neither TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Information
Statements contained in this release that are not historical facts are forward-looking statements that involve various risks and uncertainty affecting the business of Interlapse. In making the forward-looking statements, Interlapse has applied certain assumptions that are based on information available, including Interlapse’s strategic plan for the near and mid-term. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Interlapse does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

Interlapse Technologies Corp. (TSXV: INLA / OTCQB: INLAF), the owner and operator of coincurve.com, announces the acquisition of BuyBitcoinCanada.com, a virtual currency brokerage platform from Canadian blockchain company, Bitaccess Inc., in exchange for 233,333 shares of the Company.

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Simultaneously with the closing of the acquisition, BuyBitcoinCanada’s customers will be immediately incorporated into the Coincurve platform, creating Canada’s leading, non-custodial, virtual currency platform.

This highly complementary acquisition, which integrates seamlessly with Coincurve, broadens the Company’s growth profile and digital asset footprint. Furthermore, this acquisition places Interlapse into a stronger position to capture market share at a time when virtual currency adoption is accelerating globally.

\”This is the first step in our non-organic growth strategy to become the preeminent virtual currency platform in Canada and eventually, globally.” commented Wayne Chen, CEO of Interlapse Technologies Corp. “Today\’s announcement advances our consolidation efforts, which benefits Interlapse and supports virtual currency adoption.”

Founded in 2016 by Bitaccess Inc., BuyBitcoinCanada.com was the first merchant to integrate Flexepin into their brokerage platform and additional services such as EFT (Electronic Funds Transfer), making it easier for Canadians to buy and sell virtual currency.

“We are very pleased to complete this agreement with Interlapse.” Remarked Phillip McKenna, Head of Growth for Bitaccess. “This acquisition represents an opportunity for Canada\’s virtual currency market to move towards greater market sophistication, and as a listed Canadian company, we’re confident Interlapse is well-positioned to serve our users whilst continuing their growth of BuyBitcoinCanada’s existing customer base.”

About Interlapse Technologies Corp.

Interlapse Technologies Corp. is a FinTech applications company accelerating the global mega trend of virtual currency adoption. Our signature product coincurve.com enables a simple, safe way to buy and spend Bitcoin and Bitcoin Cash. To learn more, visit www.interlapse.com.

Interlapse Technologies Corp. currently has 25,478,977 shares outstanding (27,908,977 fully diluted).

For further information:

Ashley Garnot, Corporate Development
Phone: 1.604.669.0912
Email: [email protected]
Website: www.interlapse.com

Neither TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Information
Statements contained in this release that are not historical facts are forward-looking statements that involve various risks and uncertainty affecting the business of Interlapse. In making the forward-looking statements, Interlapse has applied certain assumptions that are based on information available, including Interlapse’s strategic plan for the near and mid-term. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Interlapse does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

Coincurve, a virtual currency platform wholly owned and operated by TSXV-listed Interlapse Technologies Corp. (TSXV: INLA / OTCQB: INLAF), has launched Coincurve Direct, a merchant solution product allowing merchants to sell Bitcoin and virtual currencies online.

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Rod Hsu, Chief Operating Officer of Interlapse Technologies Corp. commented, “Coincurve Direct expands our platform through fruitful partnerships with new and existing businesses. Our mission to drive virtual currency adoption is amplified through our merchant partnerships, allowing business growth without additional marketing overhead.”

Complimentary to this announcement, Coincurve Direct has now on-boarded Localcoin, the largest Bitcoin ATM operator in Canada with over 170+ easily accessible ATMs across all major provinces and a recent expansion into the United States. Coincurve Direct enables Localcoin customers to buy Bitcoins from the comfort of their homes instantly and securely.

With a revenue share business model, Coincurve Direct is a turnkey solution for merchants to sell virtual currencies through their own websites, under their own branding, without the cost and maintenance of developing their own technology or handling payment processing. Merchant setup through Coincurve Direct is quick and seamless, with features that include customizable user interface, payment processing, proprietary back-office tools, and banking solutions.

Jay Pandher, co-founder of Localcoin, commented “Our partnership with Coincurve and integration with Coincurve Direct has enabled Localcoin to expand its reach beyond physical Bitcoin ATMs. It is another crucial step to our goal of making cryptocurrency accessible for the every-day user.”

About Interlapse Technologies Corp.

Interlapse Technologies Corp. is a FinTech applications company accelerating the global mega trend of virtual currency adoption. Our signature product coincurve.com enables a simple, safe way to buy and spend Bitcoin and Bitcoin Cash. To learn more, visit www.interlapse.com.

Interlapse currently has 25,025,644 shares outstanding (27,675,644 fully diluted).

For further information:
Ashley Garnot, Corporate Development
Phone: 1.604.669.0912
Email: [email protected]
Website: www.interlapse.com

Neither TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Information
Statements contained in this release that are not historical facts are forward-looking statements that involve various risks and uncertainty affecting the business of Interlapse. In making the forward-looking statements, Interlapse has applied certain assumptions that are based on information available, including Interlapse’s strategic plan for the near and mid-term. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Interlapse does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

Virtual currency applications developer, Interlapse Technologies Corp. (TSXV: INLA / OTCQB: INLAF), is pleased to announce that it has closed the previously announced non-brokered private placement by issuing a total 7,500,000 common shares, at a price of CDN$0.10 per common share, to raise gross proceeds of CDN$750,000.  The common shares issued under this private placement will be subject to a hold period of four months from the closing date.

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The proceeds from this offering will be primarily used to fund the launch of Interlapse’s virtual currency platform, coincurve.com into key international markets.

Empowering the Future of Commerce
Interlapse Technologies Corp. is a Canadian-based FinTech applications company accelerating the global mega trend of virtual currency adoption. Our signature product coincurve.com, enables a simple, safe way to buy and spend Bitcoin. To learn more, visit www.interlapse.com.

Interlapse currently has 25,025,644 shares outstanding (27,675,644 fully diluted).

For further information:
Ashley Garnot, Corporate Development
Phone: 1.604.669.0912
Email: [email protected]
Website: www.interlapse.com/investors

Neither 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.

Forward-Looking Information
Statements contained in this release that are not historical facts are forward-looking statements that involve various risks and uncertainty affecting the business of Interlapse. In making the forward-looking statements, Interlapse has applied certain assumptions that are based on information available, including Interlapse’s strategic plan for the near and mid-term. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Interlapse does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

Virtual currency applications developer, Interlapse Technologies Corp. (TSXV: INLA / OTCQB: INLAF), announces that it has amended the terms of the previously announced non-brokered private placement. The new terms of the placement are for up to 7,500,000 common shares at CDN$0.10 per share for total gross proceeds of up to $750,000. The common shares issued under this private placement will be subject to a hold period of four months from the closing date.

View PDF of the news release

The proceeds will be primarily used to fund the launch of Interlapse’s virtual currency platform, coincurve.com into key international markets.

Empowering the Future of Commerce
Interlapse Technologies Corp. is a Canadian-based FinTech applications company accelerating the global mega trend of virtual currency adoption. Our signature product coincurve.com, enables a simple, safe way to buy and spend Bitcoin. To learn more, visit www.interlapse.com.

Interlapse currently has 17,525,644 shares outstanding (20,175,644 fully diluted).

For further information:
Ashley Garnot, Corporate Development
Phone: 1.604.669.0912
Email: [email protected]
Website: www.interlapse.com

Completion of the private placement is subject to several conditions, including TSXV final acceptance. There can be no assurance that the private placement will be completed as proposed or at all. Investors are cautioned that any information released or received with respect to the private placement may not be accurate or complete and should not be relied upon. Trading in the securities of Interlapse should be considered highly speculative. The TSXV has in no way passed upon the merits of the private placement and has neither approved the private placement nor disapproved the contents of this press release.

Neither 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.

Forward-Looking Information
Statements contained in this release that are not historical facts are forward-looking statements that involve various risks and uncertainty affecting the business of Interlapse. In making the forward-looking statements, Interlapse has applied certain assumptions that are based on information available, including Interlapse’s strategic plan for the near and mid-term. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Interlapse does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

Virtual currency applications developer, Interlapse Technologies Corp. (TSXV: INLA / OTCQB: INLAF), announces that it has amended the terms of the previously announced non-brokered private placement. The new terms of the placement are for up to 5,000,000 common shares at CDN$0.15 per share for total gross proceeds of up to $750,000. The common shares issued under this private placement will be subject to a hold period of four months from the closing date.

The proceeds will be primarily used to fund the launch of Interlapse’s virtual currency platform, coincurve.com into key international markets.

Empowering the Future of Commerce
Interlapse Technologies Corp. is a Canadian-based FinTech applications company accelerating the global mega trend of virtual currency adoption. Our signature product coincurve.com, enables a simple, safe way to buy and spend Bitcoin. To learn more, visit www.interlapse.com.

Interlapse currently has 17,525,644 shares outstanding (20,175,644 fully diluted).

For further information:
Ashley Garnot, Corporate Development
Phone: 1.604.669.0912
Email: [email protected]
Website: www.interlapse.com/investors

Completion of the private placement is subject to several conditions, including TSXV final acceptance. There can be no assurance that the private placement will be completed as proposed or at all. Investors are cautioned that any information released or received with respect to the private placement may not be accurate or complete and should not be relied upon. Trading in the securities of Interlapse should be considered highly speculative. The TSXV has in no way passed upon the merits of the private placement and has neither approved the private placement nor disapproved the contents of this press release.

Neither 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.

Forward-Looking Information
Statements contained in this release that are not historical facts are forward-looking statements that involve various risks and uncertainty affecting the business of Interlapse. In making the forward-looking statements, Interlapse has applied certain assumptions that are based on information available, including Interlapse’s strategic plan for the near and mid-term. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Interlapse does not undertake to update any forward-looking information, except in accordance with applicable securities laws.