In a significant development that underscores its commitment to revolutionizing financial services, GenioPay Inc., operating as GenioPay in the United States, has achieved a major milestone by obtaining a Money Services Business (MSB) license across all states and territories. This achievement solidifies GenioPay's position as a the nextGen financial service provider, poised to redefine cross-border payments and transactions.

With its registered address at 651 N BROAD ST SUITE 201, MIDDLETOWN DE, GenioPay Inc. is now authorized to engage in a wide range of financial activities, including issuing and redeeming traveler's checks and money orders, providing prepaid access, foreign exchange services, and serving as a money transmitter. This comprehensive licensing ensures regulatory compliance and customer trust, enabling GenioPay to offer seamless and secure financial solutions to its customers.

In addition to obtaining its MSB license, GenioPay is excited to announce its strategic partnership with Evolve Bank & Trust, a leading technology-focused financial services organization and Banking-as-a-Service (BaaS) provider. This partnership enhances GenioPay's capabilities to provide cross-border payment solutions to its customers in the United States.

Evolve Bank & Trust brings a wealth of expertise and resources to the partnership, specializing in Open Banking, Commercial and Consumer Banking, and Mortgages. As a best-in-class financial institution, Evolve Bank & Trust is committed to innovation and customer-centric solutions, aligning perfectly with GenioPay's mission to redefine cross-border payments.

"We are thrilled to announce our partnership with Evolve Bank & Trust and the attainment of our MSB license across all states and territories in the U.S.," said James Reinhold, CEO of GenioPay Inc. "This milestone represents a significant step forward in our journey to provide seamless, secure, and innovative financial services to our customers. With Evolve Bank & Trust by our side, we are poised to deliver best-in-class cross-border payment solutions that empower individuals and businesses to thrive in the global economy."

The partnership between GenioPay and Evolve Bank & Trust underscores a shared commitment to excellence, innovation, and customer satisfaction. Together, they will leverage their respective strengths and resources to drive positive change in the financial services industry, enabling individuals and businesses to transact with confidence and efficiency.

This partnership represents a significant step forward in GenioPay's mission to provide innovative financial solutions that empower individuals and businesses to thrive in the global economy. With its MSB license and strategic partnership with Evolve Bank & Trust, GenioPay is well-positioned to lead the way in sustainable and efficient cross-border payments.