Completion of Acquisitions Ahead of Schedule Since the pandemic, we have seen the digital payment sector boom. When I am looking to invest in companies in this sector, I favour those that offer services globally.
Lynx Global Digital Finance Corporation ($LYNX.C) facilitates global payments by integrating new digital infrastructure with traditional international payment distribution to move currency and digital assets.
Today, Lynx announced they have acquired several companies ahead of schedule:
- Direct Agent 5, Inc., A bank based in the Philippines with over 2,300 locations and 15+ years of operating
- DA5 Australia (formerly Arkin Technologies Pty. Ltd.), an Australian fintech pioneer
- Binangonan Rural Bank Inc., a Rural Bank with an Electronic Money Issuer license
$LYNX is pursuing to serve the Southeast Asia market, an opportunity in the global expansion of digital payments and financial services, and is trading only at $0.34 CAD with a MC of $30.8M
Full Article:
https://fintechzoom.com/fintech_news_fintech-news-today/lynx-global-completes-first-phase-of-acquisitions-ahead-of-schedule/?fr=operanews