Great chart for $LYNX $LYNX chart about to climb higher.
Yesterday they announced their entrance into a MOU for ownership in a Philippine's based bank.
Some key takeaway's from the article:
- 100% ownership in Ausphil, an Australian private company that holds 52.15% equity interest in BRB (Binangonan Rural Bank Inc)
- Group Tiu will acquire the remaining 47.85% equity interest of BRB
- BRB, Lynx, and Group Tiu combined management teams will work towards an 'inclusive digital financial network' that connects the developed world to the unbanked and the emerging markets.
CEO, Mike Penner said that "the addition of a licensed bank with an Electronic Money Issuer license to our Lynx financial ecosystem now enables us to offer a complete suite of payment and financial services to domestic and international enterprises."
Here's the link to the article: https://www.newsfilecorp.com/release/83908/Lynx-Global-to-Acquire-Controlling-Interest-in-Philippine-Based-Bank