After the recent announcement of the approval of a daily fantasy sports bill, Singlepoint (OTC: SING) is moving up as one of the companies to keep an eye on. Singlepoint offers custom business solutions to small and mid-size businesses. Based in Nevada, the company started as a full-service mobile technology and mobile provider before realizing there is a lot to be said for acquiring interests in undervalued subsidiaries from other markets. SING enables its customers to have access to a range of solutions, including conducting business transactions, accepting donations, and engaging in targeted communications.
The company’s products are specific to mobile device usage. For example, SING’s fundraising solutions are made up of two products: Text2Bid, an interactive revenue increasing product, and Donate by Text, a product that allows not-for-profit companies to securely collect donations. Singlepoint also offers a Pay by Text product that allows businesses to accept payments from customers worldwide. In addition to this, the company offers Connect By Text Mobile Marketing, a package that enables clients to have coupons, updates, offers, and other promotional items relating to their businesses sent directly to their customer base. Last but not least, Singlepoint allows organizations to track delivery drivers from the moment they leave their businesses to the time they arrive at their destination through Oomy, the company’s locational tracking technology.
The company has recently acquired a stake in DraftFury, one of the most profitable companies in the Daily Fantasy Sports (DFS) industry. With this transaction in the DFS market and the soon to be launched SingleSwipe product in its Payment Solutions portfolio, SING is making an impact. SingleSwipe is a product that will allow customers to turn their devices into payment machines with the help of a card reader. The product encrypts customer details as soon as the card is swiped and can be used worldwide with any Android device.
For more information, visit the company’s website at www.Singlepoint.com
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