On October 29, 2025, Innovative Payment Solutions, Inc. entered into a Limited Liability Company Operating Agreement with Brant Point Solutions, LLC to form a new Delaware limited liability company known as Jetties Partners, LLC (d/b/a IPSIPAY) (the Joint Venture). The purpose of the Joint Venture is to develop, market, distribute, and operate real-time financial technology merchant processing payment solutions branded as IPSIPay or PayzliPlus, initially targeting gaming, sportsbook, and casino entertainment markets. The Agreement outlines the parties' respective contributions, governance structure, management rights, and other material terms relating to the operation of the Joint Venture.
The Company believes that this collaboration will expand its reach within the real-time payments and gaming merchant processing industries through the integration of complementary technologies and market relationships. The description of the Agreement contained herein does not purport to be complete and is qualified in its entirety by reference to the Limited Liability Company Operating Agreement of Jetties Partners, LLC, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and incorporated herein by reference.
