XTM Signs Exclusive Referral Agreement With KOHO for Canadian AnyDay™ Members [Yahoo! Finance]
Live Nation Entertainment, Inc. (LYV)
Last live nation entertainment, inc. earnings: 10/31 04:01 pm
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Source: Yahoo! Finance
of innovative payment solutions including tip-payout and certified Earned Wage Access (EWA) through its QRails AnyDay™ product and fully integrated processor, today announced that on November 12, 2024 it signed an exclusive referral agreement with KOHO Financial Inc. ("KOHO") to offer enhanced financial services to its more than 100,000 AnyDay member base. KOHO Financial Inc. is a Canadian fintech company based in Toronto, providing financial services to more than 1.7 million Canadians across the country. As part of the commercial referral agreement there are multiple closing conditions, including XTM agreeing to close a financing of $5 million CAD within 30 days of the effective date, as well as audit rights. Other notable terms include that the Company will generate revenue via customer acquisition fees and a time-bound revenue share for new users that KOHO acquires. This will enable the Company to eliminate banking, network, transactional and customer service costs, thereby off
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LYV
Earnings
- 11/11/24 - Beat
LYV
Sec Filings
- 11/14/24 - Form SC
- 11/14/24 - Form SC
- 11/14/24 - Form SC
- LYV's page on the SEC website