(New York, NY) May 13, 2019 — Looking to expand the boundaries of online shopping and money exchange, Passfeed has consistently sought to capitalize on consumer frustrations while shopping on conventional websites. The dream is simple: people should be able to shop, save and share deals without having to deal with credit cards or pay banking fees. Along with a robust shopping experience, Passfeed’s ever expanding offerings include virtual debit cards, gift certificates with merchants like Best Buy, Macy’s and Starbucks, ETF’s and even exclusive incentive cards.

Passfeed has expanded its repertoire of banking services by offering ETFs and mutual funds through the Passfeed App. An ETF, or Exchange-Traded Fund is an investment fund which can hold several types of investments including stocks and bonds. ETFs can contain hundreds or thousands of stocks across multiple industries. An ETF can also focus on just one industry or sector.

Similarly, mutual funds can invest in multiple companies at once. Passfeed’s British customers who can’t purchase fully integrated stocks from a company can choose this option and build their own portfolio.

Along with becoming a Money Service Business (MSB) and offering a digital wallet, Passfeed sees ETFs and mutual funds as a big step towards becoming an all-inclusive option for banking and investing. For Passfeed’s British customers, funding their future has never been easier.

About Passfeed

Passfeed was founded in 2016 by Richard Wang, a start-up entrepreneur with several well-timed exits. Influenced by the business models of Wish.com, Amazon and Aliexpress this upstart start-up provides an exciting shopping experience uniquely paired with a robust digital wallet.. Users are able to choose from over 1.5 million of the most trendy fashions, incredible household gifts and even electronics. Building on the social nature of online shopping, consumers can shop, save and earn Rewards and iPoints just sharing with friends and relatives - all within the user friendly App.

You can learn more about Passfeed by clicking on the website link here or downloading the App for free here on your Android or iOS device.

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If you would like more information about this topic, please call: Dennis Sary, Marketing Director at (929) 332-2099, or email at [email protected].