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RevoluGROUP Canada Inc V.REVO

RevoluGROUP Canada Inc. is a Canada-based multi-asset, multidivisional payment services directive 2 (PSD2) central bank licensed company. The Company is deploying advanced technologies in banking, mobile apps, money remittance, cross-border forex payments, mobile phone top-ups, e-gaming, healthcare payments, e-sports, invoice factoring, online travel, vacation resort, blockchain systems, and fintech app sectors. Its segments include Travelucion S.L., RevoluPAY S.L., RP Payments S.L. and RevoluSEND. Travelucion S.L. is a licensed tour operator facilitator of RevoluVIP travel to +130 countries. RevoluPAY S.L. is a European Union (EU) PSD2 Licensed Neobank, a remittance and payment app designed as a payment platform. Its RP Payments S.L. segment is engaged in management of revenue verticals, central bank approved crypto exchange and storage. Its RevoluSEND segment offers family remittances and money transfers up to 3000 Euros (or foreign currency equivalent) to 117 countries.


TSXV:REVO - Post by User

Bullboard Posts
Post by Conradsparrowon Feb 13, 2018 2:29pm
131 Views
Post# 27552411

From Steve and/or Nick

From Steve and/or Nick One answer to my follow up questions will post more later... lol

Al-Fahim group was founded in 1958 by Abdul Jalil Al Fahim, 19 years before Sulaiman was even born...can you clarify by what is meant that he founded?

Much like many long standing family businesses, the focus of the company back in the 50s is not comparable with today's commercial activities. Several current family members are recognized as having founded the divisions of this now billion dollar business, which currently make up the assets of the holding. So, while on a purely historical perspective "founded", when used in the context of this now historical 50s business model, would be chronologically incorrect, our viewpoint is to emphasize the turnaround this business experienced and, under the helm of whom, specific individuals and family members touted for founding what is the current day structure and successes. Conclusively, we do not consider our previous affirmation as a misstatement, rather it be a modern interpretation of reality concerning this group.
Bullboard Posts