HENDERSON, Nev., May 4, 2021 / PRNewswire / – Grow Capital, Inc (OTCQB: GRWC) is a publicly traded software, technology and financial services holding company that identifies, acquires and incubates promising companies in the FinTech industry (“FinTech “), and provides its shareholders with access to investment opportunities in small and medium-sized enterprises that are uniquely positioned for rapid growth, today released a shareholder update detailing the milestones the Company and its subsidiaries have crossed over during the past year.
Terry kennedy, CEO of Grow Capital Inc. said, “Over the past year, the company has taken a number of steps to scale out and completely disengage from the business operations of the old management in order to create a solid foundation from which to build the business. new vision of the company. These milestones have redesigned the company’s trajectory, substantially increased revenues through an aggressive approach to acquisitions and allowed the company to pursue other growth opportunities … all to the benefit of our shareholders.
Kennedy continued, “As a result, we have seen an impressive increase in our reported revenue quarter over quarter,” Kennedy said. “I attribute this achievement to embracing our model of staying in our niche and growing and investing in our businesses so that we can better harness the space where financial planning and technology meet.
In 2020, we further focused on building infrastructure, size and revenue growth for our two main operating subsidiaries: PERA (Public Employee Retirement Assistance, LLC) and Bombshell Technologies, Inc.
PERA is a third-party marketing organization that facilitates meetings between state-approved representatives and officials who have individual retirement-related questions. PERA currently works with employees in school districts, colleges, universities and other public institutions across the country. Each state-approved representative is appointed with one or more of the institution’s approved suppliers.
PERA is the engine of connecting retirement planning professionals and public sector employees who want help with the closure of schools and government buildings. PERA serves large insurance and financial services companies and will expand its customer base with this new property.
PERA has more than 5,000 trusted advisors in its network to assist public servants and has successfully set up nearly half a million appointments for its clients since its inception.
“PERA was the second fintech acquisition for GRWC as we execute on our long term plan,” Kennedy added. “PERA has had a growing impact on the public employee financial and retirement planning sector during COVID 19, as everyone works from home and only takes online meetings. in business. PERA has proven its invaluable value to the financial services industry and fits perfectly into our FinTech group. “
Bombshell Technologies, a wholly owned subsidiary of the Company, is a leading software development services provider focused on the financial services industry. Bombshell Technologies provides software to various financial services organizations and with a rapid growth strategy consisting of innovative industry specific solutions for sales teams and management.
Bombshell Technologies has operations in both Nevada and Louisiana. Bombshell Technologies provides software to several large financial services organizations and paves the way for innovative industry-specific solutions for sales teams and management.
Bombshell’s current software suite offers personalized back-office compliance, sophisticated multi-payment commission processing and a revolutionary new client application submission system, as well as financial services-centric digital engagement marketing services.
“Bombshell’s team and business model are ripe for growth,” said GRWC President, James olson, upon the initial acquisition of Bombshell in 2019. “We are now formally a FinTech holding company, following the exact plan we have outlined, demonstrating to stakeholders that our board is meeting its plans and commitments.
CEO Terry kennedy added, “We are proud to connect hard-working public sector employees with retirement planning and financial services specialists so they can get the services they need to better prepare for their future. This pandemic has proven that in times of crisis, Americans think more about their own future. – a fact which has proved profitable for PERA. Bombshell Technologies is also reporting an increase in business with the addition of three new customers this year, along with new employees and an updated billing system. I expect to see Bombshell continue to grow into a highly reliable technology company. financial service professionals and the provision of software to empower companies in the area of financial planning. “
He concluded: “ During the pandemic, we strategically avoided generating press releases regarding the global pandemic that rocked families, plunged the stock market into an unpredictable frenzy and demanded our nation’s attention, but Now that the worst is hopefully behind us, we are committed to communicating our progress to our stakeholders and shareholders must stay tuned for press releases as our operational plan continues.
With this in mind, the Company recently retained the services of a highly reputable investor relations firm, OTC PR Group headed by Douglas baker. His team will help us share the many exciting things that we have accomplished to date, and that we and we have on the horizon in order to expand the company’s investor base, market presence and visibility. on social and digital media and to communicate GRWC’s message and vision. to a wider audience as the company expands its activities and achievements throughout 2021.
The company recently filed a 8K about this, which you can read at: https://www.otcmarkets.com/filing/html?id=14886218&guid=pO-nUnzRuvAyyth
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Disclaimer Regarding Forward-Looking Statements: This press release may contain statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Investors are cautioned that these forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the control of Grow Capital, Inc., and that actual results may differ materially from those. projected in the forecast. statements due to various factors. These forward-looking statements include the words “vision”, “seek”, “grow”, “plan” and other expressions of a forward-looking nature. Further information on potential factors that could affect the business and financial results is and will be included in the documents filed by Grow Capital, Inc. with the OTC, Securities and / or OTC Markets Commission. published on the company’s website.
SOURCE Grow Capital, Inc