UPAY, Inc. signed a share purchase and separation agreement to acquire an unknown minority stake in MiWay Finance, Inc. from Wouter Fouche on February 3, 2022. in a related transaction, Fouche sells us 7,125,000 of our Common Stock Shares and 3,700,000 Common Stock Shares of MiWay Finance, Inc., a Texas corporation, for $240,000, which we have agreed to pay with a $150,000 cash payment within 10 days of the Effective Date and $10,000 per month for 9 consecutive months commencing April 1, 2022. Wouter Fouche resigned as Chief Executive Officer pursuant to a Share Purchase and Separation Agreement. Following the resignation of Fouche as Chief Executive Officer and Director, Board of Directors of UPAY appointed Jaco Fölscher as Chief Executive Officer.

UPAY, Inc. (OTCPK:UPYY) completed the acquisition of an unknown minority stake in MiWay Finance, Inc. from Wouter Fouche for $0.023 million on March 2, 2022.