$VIN to make promising fintech investment Globally, mobile payment growth is outpacing traditional credit card usage. For example, in South Korea, Japan, and China, consumers use mobile payment much more than credit cards.
If you are already privy to this information you know that investing in fintech that can meet mobile payment demands is a good move.
Vinergy Capital, Inc. ( $VIN.C $VNNYF) acquires, explores and develops several diverse companies but most recently they have entered the fintech sector.
Earlier this month $VIN entered into a binding letter of intent to acquire 33% of a payment gateway platform that allows merchants to seamlessly accept Bitcoin and other digital currencies from consumers.
Through the platform, the transactions happen in real-time, without having to deal with the movement of funds from one currency to another.
Over the past year, this platform has processed over $30M in merchant transactions.
$VIN is trading at $0.125 today. MC is $12.07 M
https://www.globenewswire.com/news-release/2021/11/04/2327449/0/en/Vinergy-Acquires-33-Equity-Interest-in-Cross-Border-Payment-Platform.html