Palayan Resources (OTC: PLYN) Updates Due Diligence Progress for Acquisition of Global FinTech Company with Assistance from Small Business Development Group (OTC: SBDG)

LADY LAKE, FL, April 13, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- PLYN)">Palayan Resources, Inc. (OTCMarkets:PLYN) today announced that it is finalizing the due diligence process on a Global FinTech company in the money transfer industry with assistance from Small Business Development Group, Inc. (OTC:SBDG) (www.SBDGStock.com). Palayan Resources, Inc. (the “Company” or “Palayan” or “PLYN”) is a publicly traded, fully reporting emerging growth company.  It was previously announced that Palayan had signed a “Memorandum of Understanding” to acquire the Global FinTech company; the company has asked not to be identified yet. The transaction is subject to standard due diligence including audited financial statements for the FinTech company.  SBDG has led the due diligence process and is serving as a strategic advisor.