The world's largest global employer of record (EOR) and agent of record (AOR) services platform
MIAMI & TORONTO – April 6, 2023 – XTM Inc. (“XTM” or the “Company”) (QB: XTMIF / CSE:PAID / FSE:7XT), a Miami and Toronto-based Fintech creator of disruptive payment innovations and staff management solutions to inspire today's workers in the hospitality, personal care and service space is pleased to welcome People2.0 to its Today Financial™ platform for Earned Wage Access (“EWA”) and to its Timely Staff Management Platform for shift management and staff callouts.
People2.0 is the world's leading enabler of global, mobile, flexible, and remote work arrangements. The company's employer of record (EOR) and agent of record (AOR) establishments around the world create a unique global ecosystem within which talent suppliers can engage any category of worker in any work arrangement, anywhere, while independently-working professionals have access to business support services and portable benefits.
According to Marqeta's CEO, over 80% of workers want instant access to their earning.
“The welcome addition of People2.0 to our platform is the result of a team effort, namely Shean Dillon, CEO and founder of U. Inc., whose innovation and drive will greatly improve the quality of the employee experience and Curtis Khan, innovator and founder of BookJane, our staff management partner,” said Marilyn Schaffer, CEO, XTM. “Together, we are setting out to disrupt and inspire today's workforce and employers with advantages driven by digital automation, featurization and instant access to earnings.”
“I have years of experience in staffing, resourcing and dignifying workers like the important assets that they are,” said Shean Dillon, Founder and CEO of U. Inc. “The mission of U. Inc. is to focus on the work-life quality of workers across North America, bridging digital featurization such as Earned Wage Access between employer and staff. We are thrilled to be part of the XTM and People2.0 EWA program and look forward to fully leveraging each party's strengths.”
About XTM
XTM, www.xtminc.com, is a Miami and Toronto-based fintech innovator founded in the cloud-banking space and further helping businesses inspire their workforce in the hospitality, personal care and services staffing industries. Established as a leader in on-demand pay with many large brands including Earls, Maple Leaf Sports & Entertainment, Cactus Club, Marriott Hotels and Live Nation, XTM continues to innovate with further digital featurization to support businesses to inspire workers to want to work more with shift scheduling and call-outs, staff management, expense management, in-app health and financial wellness; and gamified loyalty programs. XTM's Today Financial™ is in use through POS and Payroll integrations and directly through web portals by thousands of businesses and their workers across Canada and the United States.
About People2.0
People2.0 is the world's leading enabler of global, mobile, flexible, and remote work arrangements. The company's employer of record (EOR) and agent of record (AOR) establishments around the world, networked by its proprietary FlexLife™ technology platform, create a unique global ecosystem within which talent suppliers can engage any category of worker in any work arrangement, anywhere, while independently-working professionals have access to business support services and portable benefits. Global workforce deployment is facilitated through a single master services agreement and one point of contact. Visit People20.com.
For further information please visit:
xtminc.com or contact:
Marilyn Schaffer
416.260.1641
This news release contains “forward-looking information” and “forward-looking statements” within the meaning of applicable securities laws (the “forward-looking statements”), within the meaning of applicable Canadian securities legislation. Forward-looking information is not a guarantee of future performance or results, since it involves risks and uncertainties. There is no assurance that forward-looking statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in forward-looking statements. Some of the factors on which the forward-looking statements are premised include (but are not limited to) the satisfaction or waiver of the conditions to the completion of the private placement, the receipt of the approval of the Canadian Securities Exchange, and the lack of material changes to general economic, market and business conditions. The CSE has not approved nor disapproved the contents of this press release, and the CSE does not accept responsibility for the adequacy or accuracy of this release.