Midpoint Partners with Avios to Offer Rewards

LONDON, UNITED KINGDOM--(Marketwired - Jan. 25, 2018) -

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Midpoint Holdings Ltd. (TSX VENTURE:MPT) ("Midpoint" or the "Company") is pleased to announce Midpoint.com and Avios, the global travel rewards currency, have partnered to offer customers the opportunity to collect Avios on international payments and money transfers on Midpoint's FCA regulated platform.

Launching today, the collection opportunity is open to customers of Avios currency reward programmes, including the British Airways Executive Club, Iberia Plus, AerClub from Aer Lingus, Vueling Club and the Avios Travel Rewards Programme in South Africa. Customers will collect 1 Avios for every £10 GBP¹ transferred through www.midpoint.com/avios.

Chris Treadwell, Commercial Director, Avios says: "This partnership offers customers yet another way to collect Avios. Importantly, it saves them money and the hassle of going through their banks to transfer money abroad."

"The rewards are an attractive incentive for businesses, expats, international students and foreign home owners to save money every time they make foreign exchange transactions, international payments or send money abroad while enjoying top rated customer service," said David Wong, CEO of Midpoint.

Avios Group (AGL) Limited operates the global Avios currency for the British Airways Executive Club, Iberia Plus, AerClub, Meridiana Club and Vueling frequent flyer programmes; as well as the Avios Travel Rewards Programmes in the UK and South Africa. Part of International Airlines Group, Avios is headquartered is in the UK, with a global office network in Madrid, Johannesburg and New York City. Avios Fast Facts:

• over 7.8 million people around the world collect and use Avios;
• Avios has customers in over 190 countries;
• on average, every minute 8.31m Avios are used on fight bookings and 847 customers fly using Avios - a total of 606k flights made using Avios every month, enough airline seats to fill nearly 1,273 Airbus A380s;
• over 14,000 short haul airline seats are booked using Avios on average each day;
• there are over 1,000 Avios collection partners world-wide; and customers can use Avios with 30 airline partners, over 90k hotels around the world providing access to thousands of different rewards

Members of the British Airways Executive Club, Iberia Plus, AerClub, Meridiana Club, Vueling Club and the Avios Travel Rewards Programmes can collect Avios when booking cash flights with British Airways, Iberia, Meridiana, Aer Lingus, Vueling or partner airlines as well as on international hotel chains stays, holidays, car rental and on everyday purchases through partners. Avios can be used for travel rewards including towards flights with British Airways, Iberia, Meridiana, Aer Lingus and Vueling.