Big Winners from Election Day gives Rise to New Technology
The presidential race was too close to call for days, but it was clear regulated industries won big. And that means big things for one company, Hypur, Inc..
Hypur is a FinTech company that has spent years developing payment platforms that add high level security and contactless payment cycles, which they call Hypur Comply & Hypur Payment Services. They are the leading digital banking and payments company for regulated industries and are based in Scottsdale, Arizona. Their growth trajectory, in just over six years of operation, is trending up at an exponential rate.
Thomas Creal, a former U.N. Sanctions Expert and top black money tracker says, “I have researched and tested many FinTech companies for the purpose of using such for my Know Your Money (KYM) work and Hypur is the one system that can change on the fly and generate meaningful results. This is exactly what is needed to get clean money into the banking system.”
Hypur is not standing idle and waiting for the industry to come to them. They have inked partnerships with some of the biggest companies and financial institutions serving the space. Additionally, they have submitted their application to the Federal Bond Buying Program, that will result in significant in state job creation. Christopher Galvin, Founder and CEO of Hypur said, “We made the methodical choice to focus on serving the most highly regulated industries and it’s paying dividends. The use of these funds will allow us to continue to build on our solid foundation while merging with a complementary operator. In doing so, Hypur will expand its cloud - based infrastructure allowing us to compete on a different scale than most of the FinTech companies in both the regulated and traditional markets.
When COVID-19 hit, Hypur was first to launch a digital and contactless payment solution to help protect merchants and consumers. With the world continuing to fight this pandemic, every bit helps.
In today’s ever-changing world, it is always nice to see a win-win situation. From the November 3rd election results, it looks like Hypur is one landslide winner, as well as highly regulated industries overall.