MIAMI, April 11, 2017 (GLOBE NEWSWIRE) -- Next Group Holdings, Inc. (OTCQB:NXGH) (the "Company") announced today that it has signed an Agreement with Jeff Lewis, President of Jeff Lewis Advisory to provide oversight and recommendations regarding the development of the Prepaid General Purpose Reload (GPR) and GiftCard products and services to the NXGH Board of Directors as well as guiding the Prepaid Business Unit, Sales, Marketing, Compliance, website and technical issues related with this industry.
“Jeff Lewis is a proven leader in the Payment and Prepaid industry with over 20 years of management experience in delivering strategy, technology and solutions to the GPR Prepaid market. He brings a wealth of experience, contacts and knowledge to our Board of Directors and we welcome him as an Advisor to our group and our organization,” stated Arik Maimon, the Company's Chairman and CEO. “Bringing Jeff into our group as a Board of Directors Advisor and resource now is very opportune as we begin to plan the Next CALA (NXGH Prepaid Division), CUENTAS & MIO® GPR and Gift Card rollout to the general consumer market. This lends itself very well to the recent major announcement NXGH has made in this very field, (please see this link on company recent contract announcement http://www.otcmarkets.com/stock/NXGH/news?id=147795 )," added Maimon.
“Jeff Lewis will play a key role in advising the Board of Directors and steering the Prepaid Division of NXGH. This shall include the development and execution of our retail distribution strategy and integration with Industry Leading Prepaid and Financial Services Companies along with the secured contracts mentioned above,” stated Michael De Prado, the company President and COO. “NXGH shall rely on Jeff Lewis’s expertise with the recent Proposed Acquisition/Merger between AZUGroup (an $11M dollar revenue company), and NXGH as a supplier to many in the Pre and Post Paid, Debit/Credit & Gift Card industry, announced earlier this month (Please see related press release on this link https://www.otcmarkets.com/stock/NXGH/news?id=155122 ),” added De Prado.
Lewis most recently served as VP, General Manager Financial Services for a Prepaid Leading Industry company, where he was responsible for all aspects of the Company’s financial services products. Under Lewis's leadership, the financial service sector of the company reached amazing performance and statistics, expanding Business Development specifically in the Prepaid Field from approximately 2 million accessible accounts to over 10 million accessible accounts on the Company’s retail network. His other accomplishments include GPR load volumes surpassing the $1 Billion dollars in annual volume in 2014 and currently growing at over 30% per year along with Credit and Debit card Merchant Processing revenue deals exceeding $100 million per year in load volume, just to name a few milestones in Lewis’s career (Please Click here to see Jeff Lewis’ Bio here http://linkedin.com/in/lewisjeff99 ).
“NXGH is well positioned within the market to reach the GPR consumer with the assets, services and products that NXGH has assembled over the past year,” stated Jeff Lewis. “Arik Maimon and Michael De Prado are addressing a gap in the products offered to the Prepaid market with a product directed and marketed specifically to a large sector of consumers who desire the relevant products and services,” added Lewis.
NXGH continues its multi-threaded marketing strategy to reach the unbanked, underbanked and underserviced populations living in the USA. NXGH is currently developing disruptive advertising and marketing programs through its equity advertising partner, and contracts. NXGH’s products & services include prepaid telecommunications products, prepaid reloadable debit cards, open and closed loop programs, rewards cards, gift cards, loyalty programs, POS, Mobile Top Ups, etc. NXGH has the potential to distribute its products and services through over 235,000 retail establishments nationwide.
For more information, visit the website http://www.nextgroupholdings.com .
About Next Group Holdings (NXGH):
NXGH is a corporation headquartered in Miami, Florida, which, through its operating subsidiaries, engages in the business of using proprietary technology and certain licensed technology to provide innovative mobile banking, mobility, and telecommunications solutions to underserved, unbanked, and emerging markets. Learn more at http://www.nextgroupholdings.com .
About Jeff Lewis and JL Advisory (JL Advisory):
Learn more at: http://linkedin.com/in/lewisjeff99
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Contact: NEXT Group Holdings, Inc. Telephone: +1-800-611-3622 info@nextgroupholdings.com
