Subsidiaries

RevoluFIN Inc., Panama City, Panama

RevoluFIN Inc., Panama City, Panama

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.

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