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UPYY • CIK 0001677897
Organization We were incorporated in the state of Nevada on July 8, 2015. On November 4, 2015, we conducted the Share Exchange with Rent Pay, which became our wholly owned subsidiary Industry Background Consumer Lending and Credit Management Industry - United States The consumer lending and alternative financial services industry in the United States represents a significant market segment that includes payday lending, installment lending, check cashing, and other short-term consumer finance products. According to IBISWorld, the U.S. check-cashing and payday-loan services industry generated approximately $21.4 billion in revenue during 2023, reflecting continued consumer demand for short-term and alternative credit products and related financial services. While the Company is not currently engaged in consumer lending operations within the United States, it believes the U.S. consumer finance and credit management market may present future opportunities for expansion of its software platforms, technology solutions, and related financial services offerings. The Company currently conducts its principal lending software and credit management operations in South Africa through its ACPAS loan management software platform. Source: IBISWorld – Check Cashing & Payday Loan Services Industry Report (2023) https://www.ibisworld.com/united-states/market-size/check-cashing-payday-loan-services/5408/ Financial Compliance and AML Software Industry United States The financial compliance and anti-money laundering (“AML”) software industry in the United States continues to experience significant growth driven by increasing regulatory oversight, financial crime prevention requirements, digital banking expansion, and enhanced customer due diligence obligations imposed on financial institutions and other regulated entities. According to Fortune Business Insights, the global AML software market was valued at several billion dollars in 2023 and is expected to continue growing as financial institutions, fintech companies, lenders, and regulated businesses increasingly adopt automated compliance, transaction monitoring, sanctions screening, and know-your-customer (“KYC”) technologies to address evolving regulatory requirements and fraud risks. (Source: Fortune Business Insights – https://www.fortunebusinessinsights.com/anti-money-laundering-market-102904) The Company believes the U.S. regulatory compliance market may present future growth opportunities for its AML GO compliance platform. The Company is currently evaluating potential expansion opportunities into the United States market and anticipates launching certain AML and compliance-related services in the United States within the next six months, although no assurances can be given regarding the timing or success of such expansion efforts. In the United States, financial institutions and regulated businesses are subject to various federal anti-money laundering laws and regulations, including the Bank Secrecy Act (“BSA”), the USA PATRIOT Act, and oversight from agencies such as the Financial Crimes Enforcement Network (“FinCEN”), a bureau of the U.S. Department of the Treasury. (Sources: Financial Crimes Enforcement Network – https://www.fincen.gov/ ; U.S. Department of the Treasury – https://home.treasury.gov/ ) 3 Outdoor Recreation and Hunting Marketplace Industry United States The outdoor recreation and hunting industry in the United States represents a significant segment of the broader travel, sporting, and outdoor recreation markets. According to the U.S. Fish & Wildlife Service’s National Survey of Fishing, Hunting, and Wildlife-Associated Recreation, millions of Americans participate annually in hunting and wildlife-related recreational activities, contributing billions of dollars in economic activity through travel, lodging, guide services, equipment purchases, licensing fees, and conservation programs. (Source: U.S. Fish & Wildlife Service – https://www.fws.gov/program/national-survey-fishing-hunting-and-wildlife-associated-recreation ) According to the Outdoor Industry Association and the U.S. Bureau of Economic Analysis Outdoor Recreation Satellite Account, the U.S. outdoor recreation economy generated approximately $1.1 trillion in economic output in recent years, while hunting-related activities contributed tens of billions of dollars annually to the U.S. economy through equipment sales, travel expenditures, outfitter services, and tourism-related spending.…