Canadian firm aims to finance Panama tourism

CUV Ventures, a Canadian listed company has announced that it has begun operations of its wholly owned subsidiary RevoluFIN, from new offices in the Marbella Financial District of Panama. RevoluFIN was initially presented to shareholders in March and the subsequent launch of the RevoluFIN web-based platform.

The company said in a statement: "The RevoluFIN finance platform intends to provide payment facilities for commercial letter-of-credit holders and short-term financing requirements. And will focus upon stimulating the nascent self-employed economies in travel-related services, sold through the company’s and partner websites, giving entrepreneurs access to capital.