XTM Appoints Randy Khalaf to Board of Directors

XTM, Inc. (OTCQB: XTMIF) (CSE: PAID) (FSE: 7XT), a Miami and Toronto-based Fintech company in the neo-banking space, providing mobile banking and payment solutions around the world, is pleased to announce that Randy Khalaf has accepted an appointment to XTM’s Board of Directors and will Chair the Audit Committee.

Based in St. Louis, Missouri, Mr. Khalaf’s current role is Chief Financial & Enterprise Systems Officer, EVP, and Treasurer of Novus International.  Novus is a St. Charles, Missouri based global animal nutrition solutions company with corporate offices, research and development laboratories and manufacturing facilities in more than 35 countries, as well as smaller offices with field staff in an additional 60 countries.

Mr. Khalaf is recognized for his busines acumen and success in growing EBITDA, overseeing operations, and leading global finance across several companies including UGN Incorporated based in Tinley Park, IL and GKN Driveline of Auburn Hills, MI.

“We welcome Randy to the Board and look forward to his participation,” said Marilyn Schaffer, CEO. “With our US expansion well underway and our current focus on the US market, Randy will bring a tremendous amount of financial experience and leadership to the audit and compliance side of the board as well as providing valuable guidance navigating our rapid growth and expansion plans.”

Paul Haber has resigned from the board. We wish Mr. Haber well with his future endeavors.

About XTM
XTM, www.xtminc.com is a Miami and Toronto-based fintech innovator in the neo-banking space helping business and workers alike expedite earnings payout and eliminate banking fees. We are a global card issuer and real-time payment specialist providing our technology to businesses to automate and expedite worker payouts that can also eliminate cash. XTM integrates businesses to a payment ecosystem that is coupled with a free mobile app and a Visa or Mastercard debit card with free banking features. XTM drives enterprise value and creates a positive user experience.