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First Global Data Ltd FGBDF

First Global Data Ltd is a Canada-based company. The Company is a financial services technology (FINTECH) company. The Company enables its strategic partners and clients around the world through its financial services technology platform. Its technology drives the convergence of compliant domestic and cross-border payments, shopping, peer to peer, business to consumer and business to business payments. The Company's two lines of business includes mobile payments and cross-border payments. The Company's FINTECH solutions include FirstGlobalMoney, Happytransfer, Vpayqwik and Payqwik.


GREY:FGBDF - Post by User

First Global Data Ltd
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Post by banxon Apr 20, 2017 12:22am
943 Views
Post# 26141051

LEAVE IT TO MR. ED VRANIC TO BREAK IT DOWN

LEAVE IT TO MR. ED VRANIC TO BREAK IT DOWN
This blog explains the deal:

"There may be some disconnect with North American investors understanding the gravity of this deal. To put it in simplified terms, it sounds to me like this deal would be the North American equivalent of First Global teaming up with a company like Stripe in order to offer remittance services on Facebook's (NASDAQ:FB) Messenger or WhatsApp. As in other words, this deal is huge not just in terms of the amount of potential users, but also the size and influence of the companies involved."

https://seekingalpha.com/instablog/1107010-edward-vranic-cfa/4980834-first-global-data-teams-lianlian-pay-wechat-launch-social-messaging-payments-remittance

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