NextPoint Financial To Participate In Canaccord Genuity Digital Disruptor Conference Addressing Online Lending on March 8, 2022
Emerging marketplace for Consumer and Small Business Financial and Tax Services
HURST, Texas, March 07, 2022 (GLOBE NEWSWIRE) -- (TSX: NPF.U & OTC Pink: NACQF), a one-stop financial services destination providing tax services and loans for underserved consumers and small businesses, announced today that CEO Brent Turner will participate in a fireside chat to discuss disruptive technologies and the strategies used to facilitate NextPoint’s growth in the online lending sector.
| Conference Host: | Canaccord Genuity |
| Date / Time: | March 8, 2022 from 9am - 12pm EST |
NextPoint’s vision is to bring an expanding base of financial services solutions to the vast market of consumers and small and medium business enterprises (SMEs), that fall outside of the focus of traditional financial institutions. This market segment is very large, with over 30 million SME businesses in the U.S. and Canada, along with roughly 85 million lower-income tax filers in the U.S. We have found these market segments are either ignored by larger financial institutions or are addressed by limited solutions that do not serve the full needs of each customer.
About NextPoint Financial Inc. ()
NextPoint Financial Inc. is an all-inclusive marketplace for financial services empowering hardworking and underserved consumers and small businesses. NextPoint was formed through the July 2021 combination of Liberty Tax, a leading provider of tax preparation services, with LoanMe, an online lender and loan marketer, followed by the December 2021 acquisition of Community Tax, an effective advocate for tax debt resolution on behalf of customers.
NextPoint’s revenue and financial performance reflects the seasonality of its large tax preparation business wherein the bulk of its revenue is generated in the first and second calendar quarters of each year. NextPoint’s interim financial statements along with other regulatory documents are filed on the System for Electronic Document Analysis and Retrieval ("SEDAR") where they may be viewed by shareholders and other interested parties.
Forward Looking Statements
This news release may contain “forward-looking statements” (as defined under applicable securities laws). These forward-looking statements relate to future events or future performance including with respect to the Company’s objectives and priorities for fiscal year 2021 and beyond, and strategies or further actions with respect to the Company, the Company’s business operations, financial performance and condition.
Such forward-looking statements reflect management’s current beliefs and are based on information currently available to management. In some cases, forward-looking statements can be identified by terminology such as “may”, “will”, “should”, “expect”, “plan”, “anticipate”, “believe”, “estimate”, “predict”, “potential”, “continue”, “target”, “intend”, “could” or the negative of these terms or other comparable terminology. By their very nature, forward-looking statements involve inherent risks and uncertainties, both general and specific, and many factors could cause actual events or results to differ materially from the results discussed in the forward-looking statements. In evaluating forward-looking statements, readers should specifically consider various factors that may cause actual results to differ materially from any forward-looking statement. These factors include, but are not limited to, market and general economic conditions and the risks and uncertainties discussed in the section entitled “Risk Factors” in the Company's final prospectus dated June 3, 2021.
The forward-looking statements contained in this news release are presented for the purpose of assisting investors in understanding business and strategic priorities and objectives of the Company as at the periods indicated and may not be appropriate for other purposes. Forward-looking statements contained in this news release are not guarantees of future performance and, while forward-looking statements are based on certain assumptions that the Company considers reasonable, actual events and results could differ materially from those expressed or implied by forward-looking statements made by the Company. Prospective investors are cautioned to consider these and other factors carefully when making decisions with respect to the Company and not place undue reliance on forward looking statements. Circumstances affecting the Company may change rapidly. Except as may be expressly required by applicable law, the Company does not undertake any obligation to update publicly or revise any such forward-looking statements, whether as a result of new information, future events or otherwise.
Contacts:
757-493-8855
Chris Eddy or Bill Jones (Catalyst IR)
212-924-9800
