BlueOne Technologies, Inc.

BlueOne Technologies, Inc.

Overview

BlueOne Technologies, Inc. is a Nevada public fintech company that transitioned from prepaid card program management to a global provider of payment infrastructure solutions for banks, financial institutions, processors, and fintechs. The company operates two principal service lines:

• Fintech and Payment Hub Solutions (via Millennium EBS)

  • Payment Hub and Orchestration Platform: a centralized hub to manage and optimize multiple payment types (ACH, wire, card, real-time payments) for banks, FIs, processors, and fintechs.
  • ISO 20022 Migration and Compliance: platform capabilities to accelerate ISO 20022 adoption and support compliance timelines while enabling richer payment data.
  • Remittance-as-a-Service (RaaS): a turnkey platform for launching and operating cross-border remittance services for fintechs and other businesses.

• Remittance Program (BlueOne Pay)

  • BlueOne Pay enables conversion of stablecoin USDT to USD with funds delivered via bank transfers, prepaid cards, or cash pickup.
  • One-time KYC verification; users send USDT to a BlueOne Pay wallet, which is then converted to USD through a liquidity provider or exchange partner.
  • Designed to meet U.S. regulatory requirements and positioned to take advantage of a pro-innovation regulatory environment.
  • Market focus on underbanked and digital-first users who use stablecoins, offering remittance options that can be more cost-effective than traditional wires/SWIFT.

Market opportunity and growth focus

• Target markets: North America, Europe, and Asia.
• Market drivers:
  • ISO 20022 migration and modernization of legacy banking systems.
  • Growth in digital remittances; cited figures include more than $150 billion in outbound U.S. remittances annually and roughly 500 million people worldwide owning crypto assets (including USDT).
  • USDT usage and liquidity, with reported daily trading volume exceeding $70 billion.
• Partnerships and pipeline:
  • Strategic partnership with Abeam Consulting to promote and implement ISO 20022 and Payment Hub solutions.
  • Millennium EBS has discussions with a Fortune 500 company that serves 600+ financial institutions in 140+ countries to broaden global reach.
  • ISO 20022 implementations underway, including a reference project with a large commercial bank in Nepal and additional activity in Sri Lanka, the Middle East, and Africa.

Corporate and organizational details

• Headquarters: Newport Beach, California.
• History and structure:
  • Originally BlueOne Card, Inc.; in 2024 completed a share exchange acquiring 60% of Millennium EBS, making Millennium a majority-owned subsidiary.
  • On March 4, 2026, remaining cash consideration was converted into equity.
  • Filed to change the corporate name to BlueOne Technologies, Inc. on March 11, 2026; the name change became effective April 15, 2026.
• Marketing and branding:
  • Current website: www.blueonecard.com, with plans to migrate content to blueonepay.com for remittance and digital payments/crypto activities.
• Intellectual property:
  • Operational IP is sourced from BlueOne Card and Millennium EBS.

Employees and workforce

• As of March 31, 2026:
  • Two full-time employees: Nabil A. Bader (President, CEO, CFO, Secretary, Treasurer) and Shinto Matthew (Chief Scientific Officer).
  • 8–10 independent contractors with experience in operations, compliance, risk management, and marketing.

Financial highlights

• Net loss attributable to BlueOne Card, Inc. common stockholders: $2,944,653 for the year ended March 31, 2026.
• Net cash flows used in operating activities: $571,103 for the year ended March 31, 2026.
• Balance sheet measures (as of March 31, 2026):
  • Accumulated deficit: $7,867,647.
  • Working capital deficit: $2,067,435.
• Liquidity and going concern:
  • Management has expressed doubt about the company's ability to continue as a going concern due to the need for additional capital and future profitability.

Other operational notes

• Marketing channels: a network of sales representatives and an online presence, with a strategic shift toward the BlueOnePay brand for remittance and crypto-related services.
• Regulation and compliance: the business model depends on partnerships with banks, money services businesses (MSBs), and licensing arrangements, with ongoing focus on AML/KYC, data protection, and ISO 20022-related regulatory requirements.