SinglePoint_HORIZ-1501SinglePoint, Inc is a developer and seller of business technologies, particularly mobile business platforms, and has recently ventured into the marijuana industry. Its featured products can be used by businesses for accepting mobile payments, conducting text message marketing, and holding mobile auctions. For the medical cannabis sector, SinglePoint, Inc created a subsidiary to provide specialized technology solutions.

The company began in 2006 as Lifestyle Wireless, Inc, which also offered mobile commerce technologies. In 2011, it changed its name to Carbon Credits International, Inc, and then in 2013, to SinglePoint, Inc.

With a market value of around USD 3.27 M, SinglePoint is currently traded in the OTC markets as SING. It has also opened offices in Arizona and Washington.

SinglePoint’s mobile payment solution for businesses is the trademarked Pay by Text technology. This solution provides clients’ customers with an app to view available items, which they can then purchase through a text message. SinglePoint charges its clients 5% for every transaction completed through this technology.

Another trademarked solution of SinglePoint is Text2Bid, a mobile auction platform. With this, companies can hold auctions in which customers can bid through their text- or web-enabled phones. Bidders also get notifications of bidding activity and similar updates.

Aside from these, SinglePoint also offers the TextaDay solution for text message marketing, as well as technology for cashless ATM terminals.

On the medical marijuana front, SinglePoint’s subsidiary SingleSeed Payments provides cannabis-specialized versions of SinglePoint’s main products. There are, for instance, cashless ATMS, mobile payment platforms, and text message marketing platforms specifically for cannabis businesses. SingleSeed is now considered one of the leading business solutions providers in the industry.

SinglePoint, Inc is led by Founder, CEO, and President Greg Lambrecht, CTO Eric Lofdahl, COO Martha Burkard, Director of Business Development Vara Prasad Boddu, and VP of Sales and Marketing Wil Ralston.

Yahoo! Finance: SING News

Latest Financial News for SING

Solar Growth Drives SinglePoint to Achieve a 300% Increase in Q1 Revenue

SinglePoint Inc. (SING) files quarterly financials for the period ending March 31, 2020. The company had total sales of $1,075,222 a 300% growth compared to the same period in 2019. The majority of the revenue was attributable to the acquisition of Direct Solar America and the backlog of projects developed throughout Q4.

Video: SinglePoint Surpassing $1 Million in Q1 Revenue CEO Joins Money TV Providing Key Insights to Corporate Growth

Phoenix, Arizona--(Newsfile Corp. - May 22, 2020) - SinglePoint Inc. (OTCQB: SING) CEO Greg Lambrecht joins MoneyTV discussing Q1 2020, 300% growth in revenue. The interview goes on to discuss the success of the 1606 Hemp retail rollout as well as commercial solar opportunities.Cannot view this video? Visit: SinglePoint, Inc.:Founded in 2011 SinglePoint, Inc (SING) invests in and acquires brands and companies that will benefit from injection of growth capital and the sales ...

MoneyTV with Donald Baillargeon, 5/22

HOLLYWOOD, CA / ACCESSWIRE / May 22, 2020 / Credit and money tips, hemp cigarettes, company revenues, say no to new normal; this week on MoneyTV with Donald Baillargeon. MoneyTV is the internationally ...

CEO & Chairman SinglePoint Inc. Provides an Update on 1606 Original

Phoenix, Arizona--(Newsfile Corp. - May 19, 2020) - SinglePoint Inc. (OTCQB: SING) Greg Lambrecht CEO and Chairman discuss 1606 Hemp in a new video update.Cannot view this video? Visit: SinglePoint, Inc.:Founded in 2011 SinglePoint, Inc (SING) invests in and acquires brands and companies that will benefit from injection of growth capital and the sales and marketing expertise of SinglePoint. The company portfolio currently includes solar, hemp and technology applications. SinglePoint is working to ...

BOX Bioscience Works Overtime To Provide FDA Approved Sanitizer

BOX BioScience has formed a joint venture with Singlepoint (OTC: SING) to distribute hand sanitizer products manufactured out of Carlsbad, CA. The companies are distributing FDA approved hand sanitizer products principally on the East and West coast. BOX has distribution centers in Carlsbad, CA, Raleigh, NC, and its home office is located in Charleston, SC. Coronavirus (Covid-19) has placed a premium and created a shortage of hand sanitizer and disinfectant products. BOX and Singlepoint are working overtime to help the U.S. be a safer place by making bulk hand sanitizer and will be introducing disinfectant products as hand sanitizer demand permits. BOX and Singlepoint have ongoing sales to several Fortune 500 retail stores and are presently in negotiations for other significant bulk hand sanitizer sales.