$LYNX News Been keeping an eye on $LYNX as digital banking becomes more and more prominent globally, specifically because of $LYNX ‘s focus on ASEAN and Oceania where they have formed many strategic partnerships that I think can position them to be a leader in the space.
They’re currently having a huge day up 6.1% following the news that they formally closed the acquisition of 100% of the issued and outstanding shares of Ausphil Technologies Pty. Ltd. that holds a 52.15% equity interest in a Philippines-licensed financial institution, Binangonan Rural Bank Inc.
The acquisition further expands $LYNX ‘s unified payment platform and will see the bank be able to offer branded prepaid cards, merchant acquiring e-commerce payment processing solutions, and a strategic POS & ATM/micro-ATM rollout across the country.
Starting to bounce back after a slower couple weeks, I am excited to see how $LYNX continues to grow.
MC is $30.27M.
https://www.newsfilecorp.com/release/90862