Global Payout Inc. was a publicly traded financial technology and solutions provider that focused on creating customized payment platforms for corporations and consumers. The company aimed to offer an alternative to traditional banking services, providing services such as prepaid debit cards and payment processing, primarily for businesses. In 2018, the company changed its name to MoneyTrac Technology, Inc. to focus on providing payment solutions to the cannabis industry. However, the company and its former executives faced significant legal and regulatory challenges, culminating in SEC charges for a fraudulent "pump-and-dump" scheme, which led to the revocation of its securities and the cessation of its business activities.

Founded in

United States