Definitive Agreement to Acquire a Controlling Interest...
Lynx Global Signs Definitive Agreement to Acquire a Controlling Interest in Arkin
Arkin is an Australian Transaction Reports and Analysis Centre ("AUSTRAC") registered holder of a Remittance license and Digital Currency Exchange Services Provider license in Australia. By including Arkin as one of Lynx's operating companies, Lynx will be able to offer its customers with both Money Transfer, and exchange and trade of money for digital currency and digital currency for money in that market.
"Adding Australia to our network of linked licensed operations is a significant step in our strategy to build a regional fintech payment platform. When this transaction is completed we will be connecting Singapore, Philippines and Australia as a single bi-directional remittance corridor that we can layer on the additional payment services from each operating company." Mike Penner, CEO, Lynx Global.
https://www.newsfilecorp.com/release/81697