Current acquisitions Chairman comments.29 Nov 2023 11:09
Angra - We are very pleased to have received FCA approval for the change of control of Angra. Angra, based in London, will form a cornerstone for the development of our blockchain enabled neobanking business, providing an established, appropriately regulated, base on which to build our planned UK business.
"We are continuing to rapidly progress our fintech plans, in conjunction with our collaboration partner, Wise MPay, and I look forward to providing further updates in due course."
PAYPT - "Following the successful integration of Angra in the UK into GST's fintech operations, the Acquisition will enable the Group to significantly expand its innovative offerings as we seek to provide a comprehensive financial service hub to all of our B2B customers. The Acquisition marks a further significant milestone in our journey.
Easysend - We are very pleased to have reached an agreement with EasySend to acquire a majority stake in the business. Subject to the completion of our remaining due diligence, and the receipt of FCA approval, this acquisition will provide additional customers and technology to assist with the growth of our Angra Global business. We continue to rapidly progress the role out of our GS Money offerings and I look forward to providing further updates in due course."
With each Acquisition comes something different to bring onto the table.
So whats next?
Also a possible full roll out of GS20 exchange to look forward to, update on Innovation Pathway and of course the December financials.
All coming together very nicely indeed.