Future FinTech announces launch of FTFT Orbit App

by James · October 25, 2022

NEW YORK, 25 October 2022 /PRNewswire/ — Future FinTech Group Inc. (NASDAQ: FTFT) (“Future FinTech”, “FTFT” or the “Company”), a blockchain application technology developer and fintech service provider, today announced that FTFT UK Limited (“FTFT UK”), a company organized under the laws of Great Britain and a wholly owned subsidiary of the company, has officially launched the FTFT Orbit e-wallet app. The new app is now available on Google Play and the Apple App Store.

The FTFT Orbit e-wallet app is an electronic wallet that integrates popular e-wallet features similar to Alipay and Wechat pay. With this first version of the app, account holders can send money and experience discount shopping. It also integrates most of the core services offered by traditional banks such as international money transfers, wire payments, a physical debit card and bill payments. By the end of 2022, the FTFT Orbit app will enable account holders to communicate with friends, submit red envelopes (cash gifts) and start a group buying program with merchants.

The FTFT Orbit app includes features designed for ease of use and convenience for international students and newcomers settling in the UK, solving the challenge of cross-border money transfers. The new FTFT Orbit e-wallet app allows users to sign up for a UK account with an International Bank Account Number (IBAN) before landing in the UK, with pre-approved accounts following appropriate documentation. It is expected that the FTFT Orbit app could be the first e-wallet in the UK to offer free account openings as well as integrated remittance services for international students and expats in the UK. For more information on the FTFT Orbit app, visit www.ftftorbit.com.

IN November 2021, FTFT UK reached a partnership agreement with Railsbank (now known as Railsr) which is the licensee of the Electronic Money Institution (EMI). FTFT UK was authorized by Mastercard to issue credit and debit cards as an agent on behalf of Railsr i February 2022. FTFT UK received approval to operate as an Electronic Money Directive (“EMD”) agent and has been registered as such with the Financial Conduct Authority (FCA), a UK regulator in March 2022. FTFT UK also completed the acquisition of Khyber Money Exchange Ltd., a UK-based Financial Conduct Authority (FCA) regulated authorized payment institution, in September 2022. These relationships, permissions and business operations were integral to enable the launch of the FTFT Orbit app.

Bo Suncommented CEO of FTFT UK, “We are proud to announce the official launch of the FTFT Orbit e-wallet app which is specifically designed for international students and expats entering the UK. We believe that our account opening process will make adoption of the app easily and the Orbit app provides unprecedented convenience in addition to a range of services available to a user.”

ONEbuildt Future FinTech Group Inc.

Future FinTech Group Inc. is a blockchain application technology developer and fintech service provider incorporated in the Florida. The Company’s operations include a blockchain-based online shopping mall platform, Chain Cloud Mall (“CCM”), supply chain financing services and cryptocurrency market data services. The company also develops blockchain-based e-commerce technology, cryptocurrency mining, asset management, money transfer services and financial services technology. For more information, please visit

Safe Harbor Statement

Certain of the statements in this press release are “forward-looking statements” within the meaning and protection of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended, or the Exchange. Action. Forward-looking statements include statements regarding our beliefs, plans, goals, objectives, expectations, expectations, assumptions, estimates, intentions and future performance, and involve known and unknown risks, uncertainties and other factors that may be beyond our control, and which may cause the Company’s actual results, performance, capital, ownership or achievements to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. All statements other than statements of historical fact are statements that may be forward-looking statements. You can identify these forward-looking statements through our use of words such as “may,” “will,” “anticipate,” “assume,” “should,” “suggest,” “would,” “believe,” “consider,” ” ” expect”, “estimate”, “continue”, “plan”, “point to”, “project”, “could”, “intend”, “goal” and other similar words and expressions for the future.

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To learn more about FTFT Orbit and what it offers, click here

Tel.: +44 (0)333 366 1118
Email: [email protected]

FTFT UK LIMITED
Devonshire House,
1 Mayfair Place,
LondonW1J 8AJ

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Future FinTech Group Inc.
Phone: +1-888-622-1218
Email: [email protected]

SOURCE Future FinTech Group Inc.