Subsidiaries

RevoluPAY EP S.L. is a wholly owned subsidiary of RevoluGROUP Canada and is domiciled in Barcelona, Spain. RevoluPAY EP S.L. holds a Central Bank issued PSD2 open banking license and manages all aspects of our flagship technology RevoluPAY®, the Apple and Android multinational payment app and app-linked Visa Card. Built entirely in-house, RevoluPAY features proprietary, sector specific, technology of which the resulting source code is the property of the Company. RevoluPAY’s built-in features include: Leisure payments, travel payments, retail and hospitality payments, remittance payments, real estate payments, pay-as-you-go phone top-ups, Utility Bill payments, Egaming, Healthcare, alternative lending, etc. RevoluPAY is powered by blockchain protocols, and, is squarely aimed at the worldwide multi-billion dollar mobile consumer payments, leisure sectors and, + $595 billion family remittance market. Due to the closed loop nature of all of the company’s revenue verticals, RevoluPAY is the central financial hub of revenue for both RevoluGROUP Canada Inc. and, for those consumers who interact financially with the company’s: RevoluVIP, RevoluCHARGE, RevolUTILITY, RevoluREALTY, RevoluMED RevoluEGAME, RevoluESPORTS revenue verticals which impose compulsory use of the company’s RevoluPAY App for all transactions.

Travelucion S.L. is a wholly owned subsidiary of RevoluGROUP Canada and is domiciled in Canary Islands. The Canary Islands were chosen as the base for Travelucion for several economically fundamental reasons. The Canary Islands, as a province of Spain, are part of the European Union, however, Canary Island based companies are exempt from European VAT (Value added tax) obligations, which in some member states exceeds 25%. Cross border taxes are levied at source; therefore, the Canary Islands are one of only two jurisdictions from which products and services can be sold to citizens within the European Union, without the addition of VAT. This provides Travelucion with a huge pricing advantage over Online Travel Agents (OTA) domiciled in other EU member states or high sales tax jurisdictions worldwide, thus lowering prices and augmenting the company’s competitiveness. A tax-based price disparity of up-to 25% is vast in the online travel realm. Since tourism is the islands main source of revenue, local laws impose zero sales tax on sales carried out with consumers residing outside of the islands, consequently, the sale of travel services through Travelucion to residents outside the Islands are essentially tax free. Furthermore, the European Union has some of the most stringent travel agent licensing and bonding laws in the world, providing consumers with bonded protection of up to 1 million Euros per traveler. Travelucion is a licensed and bonded European, Amadeus GDS, IATA Accredited (OTA) Online Travel Agent, operating under European Law, providing the utmost worldwide protection for consumers, while at the same time benefiting from its geographic location, local tax regimes and Inter-European exemptions on VAT. Travelucion manages the www.RevoluVIP.com travel platform and websites selling travel to +130 countries.

RevoluGROUP USA Inc is Licensed MSB II (Money Service Business) and FINCEN Registered wholly owned subsidiary of RevoluGROUP Canada Inc. domiciled in the Brickell Financial District, Miami, Florida. RevoluGROUP USA Inc is responsible for the representation of all the company's revenue verticals in the world's largest consumer market allied to United States support of white-label partners. Due to the importance of the US market for the company, the activities of the US based subsidiary are vital. RevoluGROUP USA Inc handles simultaneous roll-out of the company's verticals under both self-branded and white-label branded environments, along with US based customer support for American citizens using the company's financial platforms. RevoluGROUP USA Inc. is a licensed money remitter complimenting the analogous European PSD2 license and Canadian FINTRAC License currently empowering the RevoluPAY financial App and payment platform. Essentially, RevoluGROUP USA Inc ensures local support, US corporate relationships and, US market penetration of: RevoluSEND, RevoluEX, RevoluVIP, RevoluCHARGE, RevolUTILITY, RevoluREALTY, RevoluFIN Inc, RevoluMED, RevoluEGAME, RevoluESPORTS, RevoluBET and, all future company revenue verticals.

RevoluFIN Inc is a wholly owned subsidiary of RevoluGROUP Canada and is domiciled in the Marbella Financial District of Panama City. The Panamanian subsidiary is directly involved in all aspects of the RevoluFIN platform, guaranteeing through RevoluGROUP subsidiaries and banking partners, fiduciary and other services to lending partners. Panama has the most modern and successful international banking center in Latin America, with more than 85 banks from 35 countries, furthermore, 60 of these banks are located within 4 blocks of the new RevoluFIN offices in Panama. The nation also offers attractive fiscal benefits. The RevoluFIN finance platform provides payment facilities for commercial Letter of Credit (LC) holders, and short-term financing requirements. Additionally, RevoluFIN Inc. hopes to enable third party financiers to directly finance outstanding secured receivables, while obtaining above market interest returns of between 8 and 9.5%. RevoluFIN should appeal to small and medium-sized enterprises (SMEs) looking for an improved way of working capital financing, by selling their outstanding means of payment collection from sales in international markets (typically LC and Secured Drafts) by transferring the credit rights to RevoluFIN and, its financiers, while at the same time handling daily consumer transactions through the company’s RevoluPAY e-wallet.

RevoluVIP International Inc. is FINTRAC (Financial Transactions and Reports Analysis Centre of Canada) Licensed wholly owned subsidiary of RevoluGROUP Canada and is domiciled in the Vancouver Financial District, British Columbia, Canada. RevoluVIP International Inc. is a licensed money remitter complimenting the analogous European PSD2 license and United States MSB II License currently empowering the RevoluPAY financial App and payment platform allied to Canadian support of white-label partners. RevoluVIP International Inc. further manages the RevoluVIP Members Only discount travel club. Annual membership dues are payable to the wholly owned subsidiary RevoluVIP International Inc through the company's self-sourced merchant services, via its duly banking licensed subsidiary RevoluPAY S.L. RevoluVIP International Inc. is tasked with increasing the exposure of the RevoluVIP Members Only Club through marketing and, sourcing worldwide discounts for Club members in many varied spheres of business, including: Retail, Hospitality, Food & Beverages, finance and leisure activities.