Correspondence 0001213900-23-007393 from Innovative Payment Solutions, Inc. (IPSI) (CIK 0001591913) (IPSI)
Innovative Payment Solutions, Inc. (IPSI) (CIK 0001591913)
Date: Feb. 2, 2023 · CIK: 0001591913 · Accession: 0001213900-23-007393
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File numbers found in text: 333-255312
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CORRESP
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Innovative
Payment Solutions, Inc.
56B 5th Avenue, Lot 1 #AT
Carmel By the Sea, CA 93921
February 2, 2023
VIA EDGAR
U.S. SECURITIES AND EXCHANGE COMMISSION
Division of Corporation Finance
100 F Street, N.E.
Washington, DC 20549
Attention: Scott M. Anderegg
Re:
Innovative Payment Solutions, Inc.
Registration Statement on Form S-1/A
Filed February 2, 2023
(File No. 333-255312)
Dear Mr. Anderegg:
Pursuant to Rule 461 under
the Securities Act of 1933, as amended, Innovative Payment Solutions, Inc. (the “Company”) hereby requests acceleration
of effectiveness of the above referenced Registration Statement so that it will become effective at 4:30 p.m. on Monday, February 6, 2023
(the “Effective Time”). The Company hereby grants to each of Lawrence A. Rosenbloom, Esq. and Richard I. Anslow, Esq.
of Ellenoff Grossman & Schole LLP the authority to communicate to the staff of the U.S. Securities and Exchange Commission one or
more requests for any potential deferral of the Effective Time.
Very truly yours,
/s/ Richard Rosenblum
Richard Rosenblum
President, Chief Financial Officer and Secretary