Star Alliance International Corp. (OTC Pink: STAL), a dynamic and forward-thinking holding company active in a diverse set of industries, is on the verge of closing two major acquisitions within the next month. These moves signal a promising future of explosive growth and innovation. The company has agreements in place to acquire both NetSimple and HRaspirin, positioning itself at the forefront of two rapidly growing sectors.
NetSimple, a leading fintech company renowned for its innovative software solutions tailored to small and medium-sized businesses, is set to revolutionize the industry with STAL's backing. Their proprietary, cloud-based Web Platform-as-a-Service (PaaS) offers scalable, customizable solutions for payment processing, web design, and SaaS development. NetSimple's focus on customer experience and retention, coupled with their processor/agent agnostic system, allows for seamless integration and third-party ISOs, providing significant market advantage and recurring revenue potential.
With the financial support of STAL, NetSimple is positioned to see its monthly revenues soar from the current $150,000-$200,000 to an impressive $500,000-$600,000 within the next twelve months. Tim Renfroe, President of NetSimple, expressed his enthusiasm: "We are thrilled to finally finalize this transaction with Star. They bring invaluable business acumen and financial support to our operations, paving the way for substantial revenue and profit growth." The agreement with NetSimple is set to close by July 31, 2024.
HRaspirin, established in 2018 to address the challenges faced by employers in managing employee benefits, is the other significant acquisition in the works for STAL. HRaspirin's proprietary software solutions provides comprehensive benefit management services, including facilitating payroll group payments for carriers, offering alternative billing solutions for agents, managing carrier billing for employers, and providing dues and data management services for unions and associations. Additionally, HRaspirin's customizable private label service allows entities to manage and export their benefits services to other enterprises. Their revolutionary platform has already attracted hundreds of clients, including major hospitality chains, unions, and associations, making HRaspirin a leader in the benefit management software market.
Shawn Stephens, President of HRaspirin, emphasized the potential of this partnership: "With the support of the Star management team and growth funding capabilities, we anticipate that we can achieve revenues nearing $10 million for 2025." The agreement with HRaspirin is set to close by August 15, 2024.
The acquisitions of NetSimple and HRaspirin are crucial in establishing a robust foundation for recurring revenue streams and a prosperous future for Star Alliance International Corp. NetSimple’s innovative, cloud-based Web Platform-as-a-Service (PaaS) offers scalable solutions that generate consistent income through subscription-based payment processing and SaaS development services. Meanwhile, HRaspirin’s comprehensive software solutions ensure ongoing revenue through long-term client relationships with major hospitality chains, unions, and associations. Together, these acquisitions promise sustained financial growth and stability, making the future exceptionally bright for the company and its shareholders.
These acquisitions mark a huge step for Star Alliance International Corp., showcasing their commitment to innovation, growth, and delivering exceptional value to their shareholders. As STAL continues to expand and diversify, the future looks exceptionally promising for the company and its investors. With a strategic vision and strong financial foundation, Star Alliance International Corp. is poised to lead in multiple high-growth sectors, making it an exciting time for all parties involved.
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