This morning, most investors are expected to look into those companies that made key announcements on Thursday, and one of the companies that did so was Xalles Holdings Inc. (OTC:XALL). On April 4, the company announced that its subsidiary unit CashXAI Inc. had further expanded its business with the establishment of new offices in Nashville and Miami. It was a strategic expansion from CashXAI that was aimed at strengthening the company’s presence in the United States.
However, it ought to be noted that the move also confirmed the burgeoning influence of CashXAI on four continents and could be seen as a demonstration of the company’s continued commitment to provide financial products to underbanked people at a global level. CashXAI is primarily known for having developed its mobile application, which helps in the smooth conversion of cash into digital currencies. The app has been revolutionizing the way in which underbanked people get access to financial services without the presence of banks. Recently, CashXAI also integrated e-tickets, digital gift cards, and low-cost prescriptions into its app in order to further broaden its service offerings.
The Chief Executive Officer of CashXAI, Stephen Combe, spoke about the latest move from the company as well. He noted that the geographical expansion in addition to its strategic partnerships was a reflection of the ambitions of CashXAI to be at the forefront of financial inclusivity. He went on to state that the openings of the new offices in Nashville and Miami were important steps in delivering on the overall strategy to provide complete financial services to the underbanked at a global level. It should be noted that, at this point, CashXAI is a leader in the financial innovation space. By extension, it would make Xalles Holdings one to watch as well over the coming days.
