Kindcard, Inc. Reports Earnings Results for the First Quarter Ended April 30, 2022
June 21, 2022 at 06:04 am
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Kindcard, Inc. reported earnings results for the first quarter ended April 30, 2022. For the first quarter, the company reported sales was USD 0.18495 million. Revenue was USD 0.18495 million. Net income was USD 0.020254 million compared to net loss of USD 0.009063 million a year ago.
KindCard, Inc. is a FinTech and PayTech company. The Company, through its wholly owned operating subsidiaries, Deb, Inc. and Tendercard, Inc., provides alternative closed-loop payment solutions to consumers and businesses across a wide variety of verticals. Deb, Inc. targets the high-risk merchant market where businesses operating within innovative verticals and e-commerce are incurring higher transaction costs, utilizing a robust compliance policy for onboarding users and businesses in accordance with federal and state regulations. Deb, Inc.âs Pay with Deb consumer app operates on a closed-loop system, whereby consumers can purchase Deb Tokens to store in their wallet and use them to make purchases with the Pay with Deb merchant network. Tendercard, Inc. provides independent merchants with a gift card and loyalty platform, allowing businesses to purchase their own proprietary gift card program to promote and sell to their own customers, where their customers can also earn points.
KINDCARD, INC. 
