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

Direct Solar Achieves $3,419,312 in Solar Contracts in Just 60 Days

PHOENIX, July 23, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE – SinglePoint Inc. (SING) is pleased to announce Direct Solar has surpassed everyone’s expectations signing contracts to deploy $1,709,852 in solar installs over the past 30 days. As the company has solidified itself and proven the model, many financing companies have approached to the company to start a commercial financing division. The first financing contract was signed last week and now the company will offer renewable energy options to commercial operations and have the ability to finance these larger scale projects.

SinglePoint's Direct Solar Shaking Up Industry with Rocket Mortgage Model -- CFN Media

Seattle, Washington--(Newsfile Corp. - July 19, 2019) - CFN Media Group ("CFN Media"), the leading agency and financial media network dedicated to the North American cannabis industry, announces the publication of an article covering the growth and success of SinglePoint Inc. asset Direct Solar. Realize it or not, we are in the midst of an energy transformation away from fossil fuels. Need evidence? Tesla recently shattered its record for electric cars delivered during ...

MoneyTV with Donald Baillargeon, 7/19

HOLLYWOOD, CA / ACCESSWIRE / July 19, 2019 / Water solutions, solar power, opioid treatment, waste recycling, Twitter universe ; this week on MoneyTV with Donald Baillargeon. MoneyTV is the internationally ...

Leading Solar Brokerage Direct Solar Expands Into Commercial Solar Market, Signing Agreement to Provide Financing to Commercial Operations Wanting Solar, Opening up Additional Revenue Streams for Direct Solar

Phoenix, AZ, July 18, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- SinglePoint Inc. (SING) subsidiary signs first funding agreement to supply small to medium commercial outfits with solar financing. This agreement is the first of its kind made readily available to finance commercial buildings solar installations.

Investing in a Green Future: Renewables and Cannabis Continue to Gain Young Investor Traction

Point Roberts, Washington and Delta, British Columbia--(Newsfile Corp. - July 15, 2019) -, a leading investor news resource covering cannabis, hemp and solar stocks releases a sector snapshot reporting on green investing trends from renewable energy to cannabis and how millennial investors are driving this movement. Read the full article on Investorideas.com Ameritrade's recent trading data reflected this green investing trend; "Millennials with TD Ameritrade accounts favored buying Tesla, Canopy Growth, Beyond Meat, ...