UPAY subsidiary Petra Software launches website for software development services

• Upay launched a website for Petra Software, positioning the unit as a software development partner for the group and future external clients.
• Petra currently generates substantially all revenue from services to Upay group companies; no material third-party client contracts have been signed.
• Target markets include South Africa and the U.S., with offerings spanning fintech platforms, compliance technology, systems integration, cloud, and mobile development.
• Management does not expect the website launch to materially affect financial condition or operating results.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Upay Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608141037PRIMZONEFULLFEED9810439) on August 14, 2026, and is solely responsible for the information contained therein.