$LYNX - Fundamental Growth Amid Stock Selloff $LYNX has been seeing a hard selloff over the past month, but that doesn’t change the fact that they’re growing the fundamental business. The news flow over the past few months has been absolutely phenomenal. For example:
- July 8: Definitive agreement to acquire a controlling interest in a Philippine-based EMI bank (Binangon Rural Bank)
- June 22: $LYNX’s Pan-Global payment network processed USD 78M in transactions over the first 60 days of operation
- June 17: Launches DA5 Australia and activates FinFan payment rails in Vietnam.
The consistent positive news releases show that the management isn’t playing around. Their goal is to “build a single digital payment ecosystem that can link all individuals and businesses in underbanked and underserved emerging markets to the local and global economy.”
With the total Southeast Asian digital transaction value estimated to grow from $620B to $1.2T by 2025, I’m extremely excited for the future of $LYNX. Their aggressive growth strategy through acquisition and integration has me hooked. Right now, I’m just waiting for the stock to show signs of support, then I’ll add more to my position. This one is definitely a long-term hold.
Read more about the fintech growth here: https://thefintechtimes.com/mobile-wallets-are-accelerating-the-path-to-cashless-societies-boku-report-reveals/