Bitovation Hires Industry Veteran as CFO

Los Angeles – September 10, 2019 – Bitovation Corp. (bitovation.com), a rewards loyalty and rebate platform offering users up to 40% discounts on their everyday shopping announced today that it has hired industry veteran, Monto Khanna, as the company’s Chief Financial Officer.

Based in Santa Clara, California, Mr. Khanna has over 15 years of experience in accounting, auditing, tax compliance, and financial planning and analysis. Mr. Khanna started his accounting career with a small accounting firm. He subsequently worked for PwC Canada. Mr. Khanna has been part of five startups and has been part of teams that have raised over $100M in funding from prominent VCs. Mr. Khanna has set up accounting and finance departments from ground zero to scale to companies which have been either acquired or did an IPO. Most recently, Mr. Khanna was employed as Controller at Anova Applied Electronics, an e-commerce hardware company that was subsequently acquired by Electrolux for $250M USD. Mr. Khanna managed the accounting, tax, and financial with due diligence. Mr. Khanna earned a degree in Accounting from The University of Delhi, India, and a post-graduate degree in Finance and Financial Law from The University of London. He is a Certified Public Accountant in Delaware.

About Bitovation

Bitovation (www.bitovation.com) is owned and operated by Bitovation Corp., based in Southern California. Bitovation offers up to 40% on rewards, discounts, and rebates on your everyday shopping from over 2,000 brands you already know and trust. The Bitovation shopping ecosystem is free to join for users and provides powerful rebates and incentive program with the new digital currency called Ovato (ovato.com), allowing a low cost barrier to entry for consumers looking for easy access into digital currencies. Bitovation also helps facilitate merchants with on-boarding into the Bitovation platform by seamlessly integrating with their POS systems and marketing to the existing digital currency marketplace. Bitovation is helping the adoption of digital currency through rewards.

Contact Information

Roger Yack
Email: [email protected]

Safe Harbor: This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of Bitovation Corp, its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; (iii) growth strategy and operating strategy. The words “may,” “would,” “will,” “expect,” “estimate,” “can,” “believe,” “potential” and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond Bitovation Corp. ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. More information about the potential factors that could affect the business and financial results is and will be included in Bitovation Corp. filings with the Securities and Exchange Commission and/or the company’s website.