BRIEF

on Star Alliance International Corp. (NASDAQ:STAL)

Star Alliance International Corp. Signs New Agreement with NetSimple

Star Alliance International Corp. (OTC Pink: STAL) has confirmed a new agreement with DigiPro Payments, LLC dba NetSimple. The updated terms take effect by July 31, 2024, subject to certain milestones.

NetSimple, a fintech company, provides cloud-based solutions for payment processing, web design, and SaaS development tailored to small and medium businesses. The company generates $150,000 to $200,000 in monthly revenue and is profitable. With Star Alliance's financial support, monthly revenues are expected to rise to $500,000 to $600,000 within a year.

Tim Renfroe, President of NetSimple, expressed excitement about finalizing the deal, highlighting the business acumen and financial support from Star Alliance. Richard Carey, President and Chairman of Star Alliance, noted that transactions in both fintech and gold mining divisions are progressing as planned, aiming to be revenue positive in the first fiscal quarter of 2025.

R. H.

Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.

Click here to consult the press release on which this article is based

See all Star Alliance International Corp. news