Midpoint & Transfer Ltd. Receives Regulatory Authorization from the Financial Conduct Authority

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE
UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A
VIOLATION OF U.S. SECURITIES LAWS.


Midpoint Holdings Ltd. (the "Company") (TSX VENTURE:MPT) is pleased to announce
that its wholly-owned operating subsidiary, Midpoint & Transfer Ltd., based in
the United Kingdom has received regulatory authorization as a Payments
Institution from the Financial Conduct Authority, its industry oversight body in
the United Kingdom. This new authorization permits the Company to process an
unlimited monthly volume of transactions.


The Company also reports roughly 300% growth in transaction volume in Q3 ended
March 31, over Q2 which in turn had a similar growth over Q1.


The Company operates the world's first true peer to peer foreign currency
matching (netting) and payments service. It currently offers the service in CAD,
USD, EURO, British Pound and Swiss Franc. 


Neither the TSXV nor its Regulation Services Provider (as that term is defined
in the policies of the TSXV) accepts responsibility for the adequacy or accuracy
of this release and has neither approved nor disapproved of the contents of this
press release.


This news release contains certain "forward-looking information" within the
meaning of applicable securities law. Forward looking information is frequently
characterized by words such as "plan", "expect", "project", "intend", "believe",
"anticipate", "estimate", "may", "will", "would", "potential", "proposed" and
other similar words, or statements that certain events or conditions "may" or
"will" occur. These statements are only predictions. Forward-looking information
is based on the opinions and estimates of management at the date the information
is provided, and is subject to a variety of risks and uncertainties and other
factors that could cause actual events or results to differ materially from
those projected in the forward-looking information. For a description of the
risks and uncertainties facing Midpoint and its business and affairs, readers
should refer to Midpoint's Management's Discussion and Analysis. Midpoint
undertakes no obligation to update forward-looking information if circumstances
or management's estimates or opinions should change, unless required by law. The
reader is cautioned not to place undue reliance on forward-looking information. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Midpoint Holdings Ltd.
The Exchange Tower
130 King Street West, Suite 3680
Toronto, ON M5X 1B1


John G. Booth
Chairman & CEO
+44 (020) 220 6382


Marc Henderson
Director
+1 (416) 214 9910

Midpoint (TSXV:MPT)
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