JAKARTA, Indonesia, April 17, 2017 /PRNewswire/ --
KinerjaPay Corp.,(OTCQB: KPAY), a digital payment and ecommerce platform, ("KinerjaPay" or the "Company") today announced that it will be participating in the Global Ventures Summit 2017. The event will be held at the Bali Nusa Dua Convention Center, in Bali, Indonesia, April 19 through the 21.
The Global Ventures Summit was created to connect influencers of the highest growth startup ecosystems in the world and enable innovative startups to access venture capital professionals, funded technology startup founders, and policy makers in the freshest tech scenes on the planet. The Global Ventures Summit is a business unit of Parkpine Capital.
Parkpine Capital aims to raise funds to help connect the SE ecosystem with the valley and invest at the same ticket size in seed and pre-seed as Silicon Valley. Over US$ 3 billion in represented funds from 25 Silicon Valley VC's, 50 International angel investors, 100 companies, and LP's, 4000 attendees will make it to the Global Ventures Summit.
Edwin Ng, Chairman and CEO for KinerjaPay Corp., will provide conference attendees with an update about the Company's progress, specifically focused on the issues associated with managing an Indonesian operation trading as a US listed company. The Company is currently scheduled to give its presentation at 11:30 AM.
Mr. Ng commented on the Company's participation in the event, "The Global Ventures Summit is the leading conferences for startup companies and investors in Indonesia, and includes notable speakers from high profile companies, like Google, IBM, Crowdfunder, Intel, and IMF, and I am excited to be a part of it. KinerjaPay continues to make significant progress in Indonesia's ecommerce and financial services sector, and I am very much looking forward to discussing the Company with conference attendees."
The Indonesian economy generates nearly $1 trillion annually, however only 42% of the 250+ million citizens have bank accounts and only 5% have credit cards. KinerjaPay's network of payment channels and mobile apps allow un-banked Indonesian consumers and business to shop and pay bills quickly, safely and conveniently.
KinerjaPay enables consumers to "Pay, Play and Buy" through its secure web portal and mobile applications. Based in Indonesia, the Company provides easy and convenient payment solution while shopping online at its marketplace platform. With its current omni-channel platform, users can perform various payment services such as credit card bill payment, utility, phone bill, healthcare insurance and direct transfer to anyone at their convenience. KinerjaPay is also planning to launch other eCommerce verticals such as travel market, delivery services, and online gaming in the near future. The Company's services are available through its mobile applications and on its website at http://www.kinerjapay.com.
Notice Regarding Forward-Looking Statements
This press release may contain forward-looking statements, about KPAY's expectations, beliefs or intentions regarding, among other things, its product development efforts, business, financial condition, results of operations, strategies or prospects. In addition, from time to time, KPAY or its representatives have made or may make forward-looking statements, orally or in writing. Forward-looking statements can be identified by the use of forward-looking words such as "believe," "expect," "intend," "plan," "may," "should" or "anticipate" or their negatives or other variations of these words or other comparable words or by the fact that these statements do not relate strictly to historical or current matters. These forward-looking statements may be included in, but are not limited to, various filings made by KPAY with the U.S. Securities and Exchange Commission, press releases or oral statements made by or with the approval of one of KPAY's authorized executive officers. Forward-looking statements relate to anticipated or expected events, activities, trends or results as of the date they are made. Because forward-looking statements relate to matters that have not yet occurred, these statements are inherently subject to risks and uncertainties that could cause KPAY's actual results to differ materially from any future results expressed or implied by the forward-looking statements. Many factors could cause KPAY 's actual activities or results to differ materially from the activities and results anticipated in such forward-looking statements, including, but not limited to, the factors summarized in KPAY 's filings with the SEC. In addition, KPAY operates in an industry sector where securities values are highly volatile and may be influenced by economic and other factors beyond its control. KPAY does not undertake any obligation to publicly update these forward-looking statements, whether as a result of new information, future events or otherwise. Please see the risk factors associated with an investment in our securities which are included in our Annual Report on Form 10-K as filed with the U.S. Securities and Exchange Commission on February 11, 2016.
For more information, please visit our website http://www.kinerjapay.co. There you will find access to all of our past press releases and SEC filings regarding the activities discussed in this letter.
SOURCE KinerjaPay Corp.