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WonderFi Technologies Inc T.WNDR

Alternate Symbol(s):  WONDF

WonderFi Technologies Inc. provides crypto trading platform in Canada. It also provides centralized and decentralized financial services and products. Its segments include Trading, Payments and Corporate. Its brands include Bitbuy, Coinsquare, SmartPay, and Tetra Trust. Its product is WonderFi Labs. It is also developing two new products, including WonderFi L2 and WonderFi Wallet. WonderFi Labs develops, incubates and invests in centralized and EVM-compatible decentralized products and protocols that have a global reach. Bitbuy is Canada and APAC's regulated cryptocurrency platform catering to the advanced trader, institutions and corporate client. Coinsquare provides customers with a proprietary platform engineered to deliver a robust, secure and intelligent interface for trading digital assets. SmartPay is a digital asset payment processing platform. Tetra is redefining the standard of digital asset custody in Canada, pioneering secure, regulated, and versatile solutions.


TSX:WNDR - Post by User

Post by AnthonyFaucion Feb 08, 2022 9:54am
199 Views
Post# 34408198

🦘WonderFi Heads to Australia & New Zealand🦘

🦘WonderFi Heads to Australia & New Zealand🦘

Kogan.com Partnership Provides WonderFi and Bitbuy Reach to 3.3 Million Registered Customers

Vancouver, British Columbia--(Newsfile Corp. - February 8, 2022) - WonderFi Technologies Inc. (NEO: WNDR) (OTC: WONDF) (WKN: A3C166) (FTX: WNDR) (the "Company" or "WonderFi") today announced that, in connection with the acquisition by Bitbuy Technologies Inc. ("Bitbuy") that Kogan.com Limited (ASX: KGN) ("Kogan.com"), one of Australia and New Zealand's largest and most popular online retailers, will provide marketing support to WonderFi and Bitbuy as a key step towards international expansion and user growth.

Kogan.com previously agreed to provide marketing support to Bitbuy's future launch into the Australian market (here), and today has confirmed it will support the combined company, providing WonderFi with reach to Kogan.com's more than 3.3 million active customers in Australia.

David Shafer, Executive Director of Kogan.com commented: "We were pleased to learn of the pending acquisition of Bitbuy by WonderFi, and look forward to becoming shareholders of WonderFi. Kogan.com's commitment to provide marketing support to the combined company will now include WonderFi, expanding the potential offerings to Australians."

Ben Samaroo, Chief Executive Officer of WonderFi commented: "The recent successful launch of the WonderFi App through wonder.fi, the historic success of Bitbuy's centralized crypto trading platform, and the support of Kogan.com offers a tremendous opportunity for global Australian expansion."

The acquisition of Bitbuy by WonderFi for approximately $206 million was announced on January 4, 2022, and is expected to close in the first quarter of 2022, subject to approval by WonderFi and Bitbuy shareholders, as well as certain related matters and other acquisition-related closing conditions and regulatory approvals.

https://finance.yahoo.com/news/kogan-com-partnership-provides-wonderfi-133500116.html
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