Investview to Expand into the Securities Brokerage Business - Completes the Acquisition of Broker-Dealer, “Opencash Securities, LLC”.

HAVERFORD, PA, March 18, 2024 (GLOBE NEWSWIRE) -- Investview, Inc. (the “Company” or “Investview”), (OTCQB: INVU), a diversified financial technology company that through its subsidiaries and global distribution network provides financial technology, education tools, content, research, and a digital asset technology company, which develops, operates, and supports blockchain technologies, with a focus on the Bitcoin blockchain ecosystem and the generation of digital assets, announced today that it has completed the acquisition of Opencash Securities LLC. (“Opencash”), an early-stage registered broker-dealer that plans to offer investors an online platform to enable self-directed retail brokerage and other related services.

This acquisition is the first step in the planned expansion of Investview’s business into the retail brokerage and financial markets industry, as it positions itself to take advantage of the retail equity and equity options trading market by way of the Opencash online brokerage trading platform. In addition, the acquisition establishes a path for Investview to integrate the OpenCash investment platform application with the proprietary algorithmic trading platform it acquired in September 2021.

Victor Oviedo, Chief Executive Officer of Investview commented, "We are pleased to announce the acquisition of Opencash. Even though Opencash is currently in an early-stage mode, the acquisition is significant to us from a strategic perspective. It represents a first step in the delivery of our planned growth strategy by enabling us to progress more rapidly to diversify our product offerings and expand our fintech footprint.”

Mr. Oviedo continued, "The brokerage and wealth management services business we plan to offer is a natural fit for Investview’s customer base. We believe our current and future customers will gravitate toward a digital self-directed (DIY) broker and wealth management services platform. The combined business should be well-positioned to take advantage of the structural growth of self-directed investing in the US. Although we still have much to do to develop this early-stage business, we believe this transaction will offer us the opportunity to drive meaningful shareholder value over time."