MIAMI--(BUSINESS WIRE)--Coro Global Inc. (OTCQB: CGLO), a fintech company creating a new payment system where gold can be used as money as easily as fiat currencies, announced today that it has appointed Rolf Hüppi, Lou Naser and Carlos Naupari to its Board of Directors.
The new board additions come at an exciting time for the company, which recently announced it has been licensed in several key states in the U.S. including Florida, Alaska, Arizona and Arkansas. The extensive regulatory, financial and technical experience of the new board members in scaling global technology and financial services enterprises will be invaluable in assisting the Coro Global team in meeting the goal of being licensed and operating in all U.S. states including Puerto Rico by year-end, with a longer-term view of international expansion.
The company expects that the official public launch of its global payment service CORO will occur in Q3 2020. CORO is a mobile app that combines gold - the most stable and trusted form of money - with the world’s most advanced and secure payment technology leveraging advanced Hashgraph DLT technology and proprietary AML/KYC technology to drive increased speed and security, as well as lower fees for customers.
About Rolf Hüppi
Rolf Hüppi, is a founder and Board Member in various private equity companies. Previously, Mr. Hüppi enjoyed a long career with Zurich Insurance Group (Zurich Financial Services) including leading Zurich’s International Division, serving as President and CEO of the Group, joining the Board of Directors, and being appointed Executive Chairman. Mr. Hüppi has also been active in various organizations, holding a Fellowship at the Batten Institute of the Darden Business School, University of Virginia, and served as a councilor and advisory board member of the Center for Strategic and International Studies (CSIS) in Washington, D.C.
About Lou Naser
Lou Naser brings over 30 years of experience in the wealth management and financial services industry. He is the founder and Managing Partner of Global Wealth Partners, Inc. Mr. Naser proactively creates the firm’s vision and oversees all strategic initiatives and key partnerships. This includes the firm’s acquisitions as well as global development, worldwide relationships, and private equity investments. In addition, he is responsible for launching new divisions while developing all aspects of the firm’s operations, which include formulating business development and setting corporate policy.
About Carlos Naupari
Carlos Naupari is CEO Brazil at Fligoo, a San Francisco based Advanced Analytics company. He began his career at UBS in 2008. After half a decade on Wall Street, Mr. Naupari pivoted his professional journey towards technology companies and has held senior leadership roles at Rocket Internet, VARIV Capital, and Rokk3r in the U.S., Mexico, and Brazil. Mr. Naupari holds a BA from the University of Virginia.
“We are pleased to welcome Rolf, Lou, and Carlos as new independent directors to the Coro Global board and look forward to leveraging their impressive and diverse backgrounds and international experience, across the financial services and technology sectors," said J. Mark Goode, CEO of Coro Global Inc. “We are confident our new Board members will provide valuable insights and perspectives as we execute our strategy, and enhance value for all of Coro Global’s shareholders."
About Coro Global Inc.
Coro Global Inc. is a Miami, Florida-based fintech company that is creating a new financial payment system where gold can be used as money in everyday transactions as easily as fiat currencies. Coro's platform is powered by cutting edge Distributed Ledger Technology allowing users to send and receive global payments and exchange currency, including gold, faster, cheaper, and more securely.
Cautionary Note Regarding Forward-Looking Statements
Matters discussed in this press release contain forward-looking statements. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with our history of losses and our need to raise additional financing, the acceptance of our products and technology in the marketplace, our ability to demonstrate the commercial viability of our products and technology and our need to increase the size of our organization. Further information on the Company's risk factors is contained in the Company's filings with the Securities and Exchange Commission. The Company undertakes no obligation to revise or update publicly any forward-looking statements for any reason except as may be required under applicable law.