IFAN FINANCIAL, INC. (OTCMKTS:IFAN) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02 – DEPARTURE OF DIRECTORS OR PRINCIPAL OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF PRINCIPAL OFFICERS

On December 24, 2016, IFAN Financial, Inc., a Nevada corporation (the “Company”) accepted the resignation of Mr. Jason Aplin, from his positions as Vice President and as a Director with the Company. Mr. Aplin’s resignation was not the result of any disagreement with the Company on any matter relating to the Company’s operations, policies or practices.  

About IFAN FINANCIAL, INC. (OTCMKTS:IFAN)

IFAN Financial, Inc. is a development-stage company. The Company is focused to commence operations in the electronic transfer of funds using mobile applications. The Company and its subsidiaries, iPIN Technologies, Inc. and Mobicash America, Inc., design, develop and plan to distribute software that enables payments. It has a portfolio of payment solutions, including a mobile optimized Federal Deposit Insurance Corporation (FDIC)-insured platform with the ability to facilitate on-demand payments, autopay, proximity payments and marketing, and a linked debit card. The Company will additionally deploy a prepaid card program and facilitate off Platform merchant services, IFAN FinTech. The Company’s Platform offers a method for processing transactions. It offers a standalone prepaid card program. The Company provides a range of financial services for merchants separate from the Platform or using select features from it. As of August 31, 2015, the Company had not generated any revenues.

IFAN FINANCIAL, INC. (OTCMKTS:IFAN) Recent Trading Information

IFAN FINANCIAL, INC. (OTCMKTS:IFAN) closed its last trading session down -0.00020 at 0.00230 with 3,977 shares trading hands.