Financial News

GreenBox POS (NASDAQ: GBOX) Completes Acquisition of Transact Europe; Expands Growth Potential for Clients Across Borders

  • Transact Europe has highly sought-after licensing, including principal level membership of Visa, worldwide membership of Mastercard, and principal membership of China UnionPay
  • GreenBox’s acquisition provides a fertile foundation for its stablecoin project, coyni
  • Clients of GreenBox will now have easy access to the tools they need to take their business across borders

GreenBox POS (NASDAQ: GBOX), an emerging FinTech company experiencing rapid industry growth, recently announced that it completed the rigorous regulatory process required in the acquisition of Transact Europe Holdings – an acquisition valued at approximately $28 million, substantiated by the value of Transact Europe’s business volume, strategic licensing, systems, and personnel (https://ccw.fm/edBUU).

Transact Europe EAD (“TEU”) is an EU-regulated electronic money institution headquartered in Sofia, Bulgaria. TEU has an assortment of highly sought-after licenses, including principal level membership of Visa, worldwide membership of Mastercard, and principal membership of…

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NOTE TO INVESTORS: The latest news and updates relating to GBOX are available in the company’s newsroom at https://ccw.fm/GBOX

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