GLANCE TECHNOLOGIE COM NPV (OTCMKTS:GLNNF) is rallying today with a solid 6% bump. The payment system company has strengthened its board and in doing so fortified its positioning into the blockchain movement, since all the new board members are fintech experts.
Overall, GLNNF’s bullish tear slid earlier this week, but the stock is still trading in an uptrend and near to its 52-week high. For the full year, the stock is up by more than 500%, which speaks to the giant appreciation of bitcoin this year.
GLANCE TECHNOLOGIE COM NPV (OTCMKTS:GLNNF) bills itself as a company that owns and operates Glance Pay, a streamlined payment system that allows customers to pay their restaurant bill instantly with their mobile device and that combines in-app messaging with social media marketing.
Glance Pay revolutionizes how smartphone users choose where to dine, settle their restaurant bills, access their payment records and interact with their favorite restaurants.
Glance Pay intends to become the industry standard as one of the four pillars in restaurant payments, besides credit cards, debit cards, and cash. Glance is building a valuable network of restaurants and consumers and offers targeted in-app marketing, customer feedback, in restaurant messaging, custom rewards programs, search engine optimization and social media promotions and management for restaurants.
According to company materials, “Glance Technologies owns and operates Glance Pay, a streamlined payment system that revolutionizes how smartphone users choose where to dine, order food & drink, settle bills, access digital receipts, earn great rewards, & interact with merchants. Glance is building a valuable network of merchants and consumers and offers targeted in-app marketing, social media marketing, customer feedback, in-merchant messaging and custom rewards programs. The Glance Pay mobile payment system consists of proprietary technology, which includes user apps available for free downloads in IOS (Apple) and Android formats, a merchant manager apps, large-scale technology hosting environment with sophisticated anti-fraud technology and lightning fast payment processing.”
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Strategist Dinis Guarda is the latest person to join the company’s advisory board. Guarda is ranked as the 5th most influential influencer in the Blockchain sector. GLNNF plans to leverage his influence and expertise to secure the teams needed for a possible initial coin offering for rewards based cryptocurrency.
“Dinis adds tremendous value to our advisory team through his extensive network and his deep knowledge and experience in Fintech and blockchain,” says Penny Green, Glance President & COO. “We plan to work with Dinis and our other advisors to build glance a world-leading cryptocurrency advisory network with 20 – 30 members.”
Under the tutelage of the new board members, GLNNF plans to use their anti-fraud technology to secure transactions on cryptocurrencies, while also lowering fees on transactions. Furthermore, the company is looking to launch its own crypto coin.
“We believe that there is an enormous potential for cryptocurrencies to change the payments and rewards landscape. We are excited to leverage blockchain technology to disrupt the global payments industry with our proven mobile payment and anti-fraud technologies,” said CTO, Angela Griffin.
Sporting a market cap value of $145.481M, GLNNF is an exciting story in the small-cap space and these new board additions are a nice way to aggressively move forward. We will be updating readers as more news comes out. Sign-up for continuing coverage on shares of $GLNNF stock, as well as other hot stock picks, get our free newsletter today and get our next breakout pick!
Disclosure: we hold no position in $GLNNF, either long or short, and we have not been compensated for this article.