XTM Inc.
67 Mowat Avenue Suite 402 M6K 3E3 Toronto, ON, Canada

We're proud to announce the launch of our Visa credit card program, Vert Card. It grants credit approval without using credit score or previous credit history. Thus, it allows younger adults to establish credit and anyone the ability to re-establish or repair their credit. We are currently engaged with organizations looking to private label the card to clients, including lenders, mortgage brokers and bankruptcy trustees. More info: https://bit.ly/35QK3Wd

Pivoting and pursuing the food delivery businesses such as Domino's Pizza has resulted in a revenue increase of almost 37% compared to the previous period. Our user base has also grown by 3,000%. To make up for the business shutdowns since the spring, we have subsidized 100% of the card costs to accelerate rolling out the Today Card program to clients. As of July 2020, we are now charging the cost of fulfillment and card cost to clients. With the increase of users, we foresee an increase in Gross Dollar Value loads into Today Cards and mobile wallets for employee earnings as staff get settled into the program. See what else is to come: https://bit.ly/30Ga1J5

We continue to focus on the hospitality sector as it remains a key market for growth. The employee per location numbers is 5-7x higher than that of a salon or delivery location, resulting in a higher Today card Gross Dollar Value loads per location. We have many restaurant clients in the pipeline which total almost 200,000 potential users who can be a part of the cashless Today Program. View the Hospitality section in the PR below for more info: https://bit.ly/2Ipagll

How do people in the U.S. feel about delivery? OpenTable set out to find an answer in their COVID-19 diner survey. According to the survey, delivery ordering is up compared to pre-COVID levels, with 18% of those polled say they order delivery for dinner once a week or more: https://bit.ly/34ShKGe It's clear delivery is becoming a regular thing for many people and many businesses have pivoted to include that option for diners. With more delivery people out on the streets, businesses have to also think of the optimal way to pay their employees and we have just the solution.

XTM Inc. is excited about Menu Magazine, Canada’s foodservice magazine, featuring our Tipstoday program in their latest issue! Menu Magazine, brought to you by Restaurants Canada, goes in-depth about the pressing issues of anticipated labour shortages from staff choosing not to return to work. Our program, Tipstoday offers a secure same day gratuity payout which will be a great solution to entice and motivate staff. We’re happy to be considered as one of the top recommended ...digital solutions available for businesses to invest into their staff and themselves. For more details visit tipstoday.com!

Our sales cycle has 4 stages with the final stage being that a company has been signed and is now live, or is currently onboarding. We have been busy the past couple of months and as a result, more than 500 locations are in this final stage. We expect these businesses will contribute to our revenue in Q4 2020 as users get increasingly more comfortable with their Today Card Visit our Investor Relations page to learn more: https://bit.ly/3nXEWdy