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Datametrex AI Acquires Yuzu Payment Solution to Expand Fintech Capabilities

Story Highlights
  • Datametrex acquires Yuzu payment solution from Firstpayment for $5.5 million.
  • The acquisition is expected to enhance Datametrex’s operations and open new merchant opportunities.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Datametrex AI Acquires Yuzu Payment Solution to Expand Fintech Capabilities

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An announcement from Datametrex AI ( (TSE:DM) ) is now available.

Datametrex AI Limited has signed a definitive agreement to acquire the Yuzu payment processing solution from Firstpayment Inc., a Canadian fintech company. This acquisition, valued at $5.5 million, will be paid through the issuance of 55 million common shares of Datametrex. The integration of Yuzu into Datametrex’s technology division is expected to enhance its operations and open up new merchant opportunities, with the transaction set to complete around December 17, 2025, pending customary approvals.

The most recent analyst rating on (TSE:DM) stock is a Hold with a C$0.10 price target. To see the full list of analyst forecasts on Datametrex AI stock, see the TSE:DM Stock Forecast page.

Spark’s Take on TSE:DM Stock

According to Spark, TipRanks’ AI Analyst, TSE:DM is a Neutral.

The overall stock score is primarily impacted by the company’s weak financial performance, characterized by declining revenues and high leverage. Technical analysis also suggests a bearish trend. However, positive corporate events, including expansions and new purchase orders, provide some optimism for future growth.

To see Spark’s full report on TSE:DM stock, click here.

More about Datametrex AI

Datametrex is an innovative leader in Technology Solutions, Artificial Intelligence, and Healthcare, specializing in tools and solutions that enhance operational efficiencies and business outcomes. The company is committed to innovation and supports enterprises by setting new standards for business protocols through cutting-edge technology.

Average Trading Volume: 143,208

Technical Sentiment Signal: Sell

Current Market Cap: C$3.08M

For a thorough assessment of DM stock, go to TipRanks’ Stock Analysis page.

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