Hammer Technology Holdings Corp. Completes Strategic Equity Conversion Backed by Capital Partner CGRPE to Advance Long-Term Growth Vision
Sarasota, Florida--(Newsfile Corp. - June 4, 2025) - Hammer Technology Holdings Corp. (OTC: HMMR), a public holding company focused on advancing disruptive technologies in the fintech, AI, and healthcare sectors, today announced the successful elimination of $2.68 million in debt through a strategic debt-to-equity exchange with Caban Global Reach Private Equity LP (CGRPE). This transaction positions the Company for accelerated growth, supported by sustainable, non-dilutive financing and aligned with long-term shareholder interests. Under the terms of the agreement disclosed in...
2025-06-04 8:00 AM EDT
Hammer Group Announces Strategic Restructuring and Fintech Expansion
New Initiatives Include the Launch of the HammerPay Remittance Platform and the Upcoming HammerPay Global Payments Service for Seamless Cross-Border SettlementsSarasota, Florida--(Newsfile Corp. - February 25, 2025) - Hammer Technologies Holdings Corp. (OTC: HMMR) ("Hammer Group") is pleased to announce a series of strategic initiatives aimed at reinforcing its operational framework and accelerating growth in its fintech and digital banking segments. As part of its ongoing transformation, the company has introduced innovative financial services designed to deliver enhanced value, security,...
2025-02-25 10:48 AM EST
Vaanii Baker Appointed Chairman of HammerPay African Subsidiary to Drive the Company's Mobile Banking Innovation Across Africa
Sarasota, Florida--(Newsfile Corp. - October 7, 2024) - HammerPay USA Ltd., (OTC Pink: HMMR) a wholly-owned subsidiary of Hammer Fiber Optics Holdings Corp., has established HammerPay African Ventures Ltd., a new subsidiary focused on delivering the innovative mobile banking and virtual wallet solutions of HammerPay to customers across Africa. The company is excited to announce the appointment of Vaanii Baker as Chairman of this new venture. In the coming days, Mr. Baker will finalize appointments to the Board of Directors...
2024-10-07 9:00 AM EDT
HammerPay Rolls Out No Fees for Customer Cash-In on UBA Remit Wallet Powered by HammerPay
Liberia, West Africa--(Newsfile Corp. - June 20, 2024) - HammerPay, a wholly-owned subsidiary of Hammer Fiber Optics Holdings Corp. (OTC Pink: HMMR), has revamped its cash-in process for the UBA Remit Wallet - powered by HammerPay in Liberia. Customers can now deposit funds without any fees, a move aimed at driving platform adoption and usage. This change eliminates the burden of fees for customers, making it easier for them to embrace the wallet. The zero percent cash-in feature is...
2024-06-20 10:24 AM EDT
HammerPay [USA] Ltd. Partners with Mahalil Foreign Exchange Bureau in Liberia, West Africa to Enhance Remittance Services
Liberia, West Africa--(Newsfile Corp. - June 12, 2024) - In a strategic move to broaden its reach and enhance remittance services, HammerPay [USA] Ltd., a wholly-owned subsidiary of Hammer Fiber Optics Holdings Corp. (OTC Pink: HMMR), has announced a new partnership with Mahalil Foreign Exchange Bureau - Liberia, West Africa. The partnership has gone fully operational - commencing in March 2024. This collaboration aims to provide efficient remittance services and leverage the convergence between remittance and forex services; extending HammerPay's...
2024-06-12 9:00 AM EDT
New Partnership Aims to Remit Electricity from Abroad - HammerPay Onboards EZ Current - Liberia
Liberia, West Africa--(Newsfile Corp. - June 4, 2024) - With the successful launch of the UBA Remit Wallet in August 2023 - a digital wallet service for UBA Liberia, West Africa-HammerPay [USA] Ltd., a wholly-owned subsidiary of Hammer Fiber Optics Holdings Corp. (OTC Pink: HMMR), is now teaming up in Liberia with electricity service provider EZ Current to offer affordable and convenient electricity services. These services can be accessed and paid for through the UBA Remit Wallet - powered by...
2024-06-04 9:30 AM EDT
HammerPay (USA) Ltd., a Subsidiary of Hammer Fiber Optics Holdings Corp. (HMMR), Gears Up for Significant Growth Milestone in Fintech Sector
New York, New York--(Newsfile Corp. - May 29, 2024) - Hammer Fiber Optics Holdings Corp. (OTC Pink: HMMR) has undertaken a sweeping restructuring initiative, transforming from a traditional telecommunications entity into a diversified holdings company with a focus on financial technology (FinTech) innovations. This strategic pivot is designed to enhance shareholder trust and establish robust, profitable business centers.The company has harnessed newly acquired financial and managerial expertise to achieve its goals. The mission is clear: to elevate overall performance and...
2024-05-29 9:00 AM EDT
HammerPay Teams up with Spectrum Communications - Liberia, Powers UBA Remit Wallet to Pay for Affordable Internet Services
New York, New York--(Newsfile Corp. - May 21, 2024) - With the successful launch in August 2023 of the UBA Remit Wallet - a digital wallet service for UBA Liberia, West Africa, HammerPay [USA] Ltd., a wholly-owned subsidiary of Hammer Fiber Optics Holdings Corp. (OTC Pink: HMMR) is now teaming up with internet service provider Spectrum Communications Services (ISP) - Liberia, to offer affordable and pocket-friendly internet services for consumers that can be accessed and paid for through the UBA...
2024-05-21 9:00 AM EDT
Update on Hammer Group's Strategic Restructuring and Future Plans
Sarasota, Florida--(Newsfile Corp. - March 20, 2024) - Hammer Technology Holdings (OTC Pink: HMMR) announces its strategic restructuring plan in the letter below.Dear HMMR Shareholders,In light of the fluctuations observed in HMMR stock trading in recent years, the leadership at Hammer Group is committed to enhancing faith and trust among our valued shareholders. To achieve this, we are embarking on a comprehensive restructuring initiative designed to establish resilient and profitable business centers. Our primary focus is on leveraging newly acquired...
2024-03-20 4:51 PM EDT
United Bank for Africa (UBA) and HammerPay Partner on Digital E-Wallet to Boost Transactions in Liberia, West Africa
Monrovia, Liberia--(Newsfile Corp. - May 3, 2023) - United Bank for Africa - Liberia (UBAL) and Hammer Technology Holdings (OTCQB: HMMR) have announced a partnership to introduce a mobile phone and web portal driven digital e-wallet service within the UBA products market in Liberia, West Africa. The partnership will see the deployment of the HammerPay Remittance Service Deliver Platform (RSDP) under the brand name UBA Remit as a digital platform to be utilized for its unified FinTech capabilities. The UBA...
2023-05-03 8:07 AM EDT
Hammer Fiber Optics Holdings Corp Announces Fiscal Year Ended July 31 2022 and First Quarter Financial Results
New York, New York--(Newsfile Corp. - February 13, 2023) - Hammer Fiber Optics Holdings Corp (OTCQB: HMMR) announced operating and financial results for the year ended July 31, 2022 and the first quarter ended October 31, 2022. During the fiscal year the company added its new financial technologies business unit, making substantial improvements to its flagship product, HammerPay. The company experienced strong growth in the telecommunications business unit, particularly in the over-the-top services segment as it prepared to launch its...
2023-02-13 11:03 AM EST
Hammer Fiber Optics Holding Corp. Announces Letter of Intent to Acquire a Controlling Stake of Mobile Finance Group Ltd ("Wallet Factory")
Sarasota, Florida--(Newsfile Corp. - October 19, 2022) - Hammer Fiber Optics Holdings Corp d/b/a Hammer Technology Holdings (OTCQB: HMMR), announced today that it has entered into a non-binding letter of intent with shareholders of Mobile Finance Group Ltd trading under the brand name of Wallet Factory, a FinTech provider of digital finance services and enterprise-grade e-Wallet platforms. The LOI contemplates that the parties will enter into a definitive agreement pursuant to which HMMR will acquire a controlling interest in...
2022-10-19 8:30 AM EDT
HammerPay Announces New Digital Fintech Platform; Launch Coming to Africa - Q4 2022
New York, New York--(Newsfile Corp. - October 3, 2022) - Hammer Technology Holdings (OTCQB: HMMR) ["Hammer Fiber Optics Holdings Corp"], recently announced that its flagship Fintech subsidiary, HammerPay, set to debut in Q4 2022, will launch a new mobile phone and web portal private digital e-wallet platform for market deployment in Africa.Powered by HammerPay, the Remittance Service Deliver Platform (RSDP) with its private digital e-wallet service will help banks, wallet operators, telecoms, as well as merchants and agents get...
2022-10-03 11:07 AM EDT
Hammer Fiber Optics Holdings Corp Announces the Closing of the Definitive Agreement to Acquire Telecom Financial Services Ltd
New York, New York--(Newsfile Corp. - January 3, 2022) - Hammer Fiber Optics Holdings Corp., (OTCQB: HMMR), (soon to be Hammer Technology Holdings Corp.) ("the Company"), today announced the final closing of the definitive agreement between the parties to acquire a one hundred percent (100%) equity stake in Telecom Financial Services Ltd ("TFS"). As part of its evolving diversification strategy of the Hammer Group and under the terms of the agreement, TFS has been officially renamed HammerPay [USA]...
2022-01-03 8:00 AM EST
Hammer Fiber Optics Holdings Corp Announces First Quarter Results and Improves Operating Results
New York, New York--(Newsfile Corp. - December 15, 2021) - Hammer Fiber Optics Holdings Corp (OTCQB: HMMR) soon to be known as Hammer Technology Holdings announced operating and financial results for the first quarter ended October 31, 2021, continuing to improve its balance sheet, the operations of its telecommunications business unit and made significant announcements regarding its financial services technology business unit.Key results include:Total revenues for the current quarter ended October 31 2021 increased to $626,335 from $484,842 in...
2021-12-15 6:52 PM EST
Hammer Fiber Optics Holdings Corp (Hammer Technology Holdings) Announces Results for Year Ended July 31, 2021
New York, New York--(Newsfile Corp. - October 29, 2021) - Hammer Fiber Optics Holdings Corp (OTCQB: HMMR), soon to be Hammer Technology Holdings, announced operating and financial results for the fiscal year ended July 31, 2021. "Hammer continues to evolve as a company," said Erik Levitt, Hammer's Principal Financial Officer, and CEO of the telecommunications business unit. "During the year the company completed its objectives in the telecommunications segment with the construction of its new wireless network in Huntsville, completing...
2021-10-29 7:05 PM EDT
Hammer Fiber Optics Holdings Corp Enters into a Definitive Agreement to Aquire Telecom Financial Services Ltd
New York, New York--(Newsfile Corp. - October 26, 2021) - Hammer Technology Holdings Corp (OTCQB: HMMR), formerly Hammer Fiber Optics Holdings Corp. ("the Company"), announced today that as part of its evolving diversification strategy, the Company has entered into a definitive agreement to acquire One Hundred percent (100%) equity stake in Telecom Financial Services Ltd ("TFS") a well-established, qualified, and distinguished developer of digital financial solutions and cross-border remittance products. Following the 8K filing of this transaction, HMMR will change...
2021-10-26 10:00 AM EDT
Hammer Stock Valued at $3 per Share in Latest Round of Debt Resolution Signaling Strong Confidence in Firm's Pivot to Global Fintech Strategy
New York, New York--(Newsfile Corp. - October 4, 2021) - In its latest show of determination to evolve as a dominant player in the global fintech marketspace, the Board of Hammer Fiber Optics Holdings (OTCQB: HMMR), soon to be known as Hammer Technology Holdings, ("the Company") has resolved its indebtedness to Board Member, Michael A. Sevell, by authorizing the conversion of the Company's $5,272,500 debt to him into 1,757,500 shares of HMMR Common Stock at a price of $3 per...
2021-10-04 8:00 AM EDT
Hammer Fiber Optics Holdings Corp Hires Financial Services Veteran to Lead the Company's New Fintech Initiative
New York, New York--(Newsfile Corp. - September 20, 2021) - Hammer Fiber Optics Holdings Corp (OTCQB: HMMR), soon to be known as Hammer Technology Holdings, announced today that as part of its evolving diversification strategy the Company is appointing Kevin Ferguson as Principal Consultant Global Fintech Acquisitions. Under his guidance and with the unanimous commitment of the Board of Directors, the Company will be seeking the acquisition of various valuable fintech initiatives. Kevin Ferguson, a veteran of the financial services...
2021-09-20 8:00 AM EDT
Hammer Communications and 1stPoint Communications Announce Mobile Network Service Provider Program
Point Pleasant Beach, New Jersey--(Newsfile Corp. - May 17, 2018) - Hammer Fiber Optic Holdings Corp d/b/a Hammer Communications (OTCQB: HMMR) and 1stPoint Communications announced today the launch of their Mobile Network Services Provider program. Hammer will assist wireless Internet service providers and cable operators in second and third tier markets increasing their subscriber base quickly. Using patented AIR technology, Hammer can provide high speed wireless triple play service using the DOCSIS and pre-5G standards to residential communities and small...
2018-05-17 9:22 AM EDT