RevoluGROUP Canada Inc V.REVO

Financial Services

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.

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RevoluGROUP Canada Inc > Who wrote this media statement?

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Post by Jeigeron Feb 23, 2023 6:47pm

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Post# 35302253

Who wrote this media statement?

This is not a statement I'd expect from a lawyer, or anyone with a business sense...

"The timeline contractually agreed by the suitors during which they consider said regulatory and compliance approval should be granted, at the latest, is March 1st, 2023."

Horribly written - a highschooler could sound more professional.

"However, there can still be no assurance that any definitive agreement, tender, or investment will be completed."

What!?!? ok ... so let's buy ???

" The suitors must now seek and obtain final regulatory approval as a European Financially Regulated entity from those regulators overseeing their activity."