WSGF - JP Morgan Bet On Post Pandemic Travel Boom Bodes Well Vaycaychella Fintech Strategy
December 29 2020 - 11:17AM
InvestorsHub NewsWire
WSGF – Vaycaychella
Highlights Its Travel Industry FinTech Strategy After Investment
Market Bellwether JP Morgan Bets On Post Pandemic Travel
Boom
Dallas, TX -- December 29, 2020 --
InvestorsHub NewsWire -- World Series of Golf, Inc. (OTC
Pink: WSGF) ("WSGF") today pointed to JP
Morgan’s (JPM)
acquisition of a” major credit
card rewards business in a bet that travel will rebound next
year.” Vaycaychella views JP Morgan’s acquisition as a
positive indicator on Vaycaychella’s overall prospects for its
strategy to deliver a suite of fintech solutions to a specific
underserved segment within the travel
industry.
Vaycaychella has
built a P2P technology solution designed to connect short-term
rental property buyers with alternative investors. The P2P
app is part of a fintech ecosystem solution suite for short-term
rental property owners that includes a Visa Card solution and plans
for a cryptocurrency component.
Over the past
three years Vaycaychella has built a portfolio of short-term
vacation property investments that would not qualify for
conventional mortgages. Now the company is scaling its
business model with the introduction of its P2P
technology.
The recent
Airbnb IPO (ABNB)
has brought attention to the burgeoning short-term rental property
sector of the overall travel accommodations sector. At the
same time, it has highlighted the limited availability of resources
available to short-term rental property owners and operators
marketing through Airbnb and its peers such as VRBO (EXPE) and
Booking.com (BKNG).
The company
plans to beta launch its Vaycaychella P2P app to beta users in
February 2021 with a production launch anticipated in June.
The company is targeting $100 million in revenue in the first
twelve months following the production launch.
More details
regarding the Vaycaychella P2P app were provided in a presentation
published earlier last week to include feedback on recent internal
testing and new software updates anticipated before the release to
beta users.
The presentation
also included information on the company’s coming Visa Card
offering and cryptocurrency integration.
The presentation
can be viewed by following the link below:
Vaycaychella P2P Short-Term Rental Property Investment App
Update Presentation
To learn more
and keep up with the latest updates at Vaycaychella, visit
https://www.vaycaychella.com/. At the company website,
you will find a blog with frequent industry publications on the
short-term rental market in general, as well as entries specific to
Vaycaychella.
Disclaimer/Safe
Harbor: This news release contains forward-looking statements
within the meaning of the Securities Litigation Reform Act. The
statements reflect the Company's current views with respect to
future events that involve risks and uncertainties. Among others,
these risks include the expectation that any of the companies
mentioned herein will achieve significant sales, the failure to
meet schedule or performance requirements of the companies'
contracts, the companies' liquidity position, the companies'
ability to obtain new contracts, the emergence of competitors with
greater financial resources and the impact of competitive pricing.
In the light of these uncertainties, the forward-looking events
referred to in this release might not occur.
WSGF
Contact:
William "Bill" Justice
bill@vaycaychella.com
(800) 871-0376
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