BlueOne Technologies, Inc.

What they do

BlueOne operates two service lines: Fintech and Payment Hub Solutions via Millennium EBS, which offers a payment orchestration platform, ISO 20022 migration tools, and Remittance-as-a-Service; and a planned Remittance Program via BlueOne Pay, which would allow users to convert USDT stablecoin to USD for bank transfer, prepaid card, or cash pickup. The company targets banks, financial institutions, processors, and fintechs in North America, Europe, and Asia.

Revenue drivers

• Fintech and Payment Hub Solutions (Millennium EBS) — Primary growth engine providing payment hub and orchestration platforms, ISO 20022 migration and compliance tools, and Remittance-as-a-Service to banks, FIs, processors, and fintechs. Revenue is generated from licensing and services related to these offerings.
• BlueOne Pay Remittance Program — Planned platform for converting USDT stablecoin to USD via bank transfers, prepaid cards, or cash pickup, targeting underserved groups receiving cryptocurrency. Not yet launched; described as intended future offering.
• Prepaid Card Program Management — Foundational business from which the company has evolved; now secondary to the B2B payment infrastructure focus following the Millennium EBS acquisition.

Recent performance

For the quarter ended June 30, 2026, revenue was $11,000, down from $95,556 in the prior-year period. This follows quarterly revenue of $110,036 in Q1 2026, $24,771 in Q4 2025, and $29,650 in Q3 2025. Annual revenue rose from $110,145 in 2025 to $260,013 in 2026, but net loss widened to $2.9 million in 2026 from $1.1 million in 2025. Operating cash flow was negative $571,105 in 2026. At June 30, 2026, cash was $630 and total liabilities were $2.3 million.

Strategy

The company is undergoing a strategic transformation to become a diversified global provider of advanced payment infrastructure, centered on the Millennium EBS platform. Growth strategy focuses on global expansion targeting banks and FIs in North America, Europe, and Asia, capitalizing on the mandatory ISO 20022 transition and modernization of legacy banking systems. The planned BlueOne Pay remittance service aims to provide low-cost USDT-to-USD conversion. Management believes a pro-innovation regulatory environment under the current Trump administration supports stablecoin-based remittance growth.

Risks

• License partner dependence — The business depends on contractual relationships with license partners, and termination or suspension of licenses could harm trust and reliability; the company plans to add a second license holder in each market within a few months of launch.
• Platform integrity and security — Data integrity issues or hacking of the platform could cause business failure.
• Operational delays — The platform is currently being set up with the BlueOne Card Program and Millennium EBS business programs, and prolonged functionality or banking delays could have a material adverse effect.
• Limited cash and going concern — As of June 30, 2026, cash was only $630 with total liabilities of $2.3 million, creating significant liquidity risk.

Outlook

Management intends to expand globally, targeting banks and FIs in North America, Europe, and Asia. The company plans to launch BlueOne Pay for USDT-to-USD remittance and continue developing the Millennium EBS payment hub offerings. No specific financial guidance or timeline for profitability is provided in the excerpts.