Victory Square (NYSE:SQ) Technologies Inc (CSE:VST, OTCQX:VSQTF) has announced that its white labeled software technology platform from subsidiary VS Digital Health has added a new franchise operator The Dripbar LLC, which is now live on the Apple (NASDAQ:AAPL) and Google (NASDAQ:GOOGL) app stores.
The Dripbar (DRIPBaR) is a franchise operator aimed at helping people interested in intravenous therapies to combat the effects of chronic illness and aging, and to achieve personal wellness.
According to a release from Victory Square, The DRIPBaR aims to make its vitamin therapy options, including intramuscular quick shots, lifestyle drops, health support drips and oral supplements accessible throughout the US.
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The DRIPBaR currently has 28 active locations and around 430 franchises in various stages of development throughout the US.
VSDH will assist in The DRIPBaR's franchisees across the digital health spectrum, from its mobile medical app to digital pharmacy, on B2B subscription model, which consists of a fixed annual rate and revenue sharing. The service also includes the setup of a virtual pharmacy facilitating online ordering, payment and processing.
Victory Square said that VSDH will handle all of the franchise’s pharmaceutical orders and streamline processes while offering competitive product offerings and pricing.
“Both companies look forward to working together to assist all DRIPBaR business owners with the expansion of their businesses and at a corporate level to continue this meteoric growth,” Victory Square said in a statement.
Vancouver-based Victory Square builds, acquires and invests in promising startups, then provides the senior leadership and resources needed for fast-track growth. Its portfolio consists of 25 global companies using AI, VR/AR, and blockchain in sectors like fintech, insurance, health and gaming.
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