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FintechWerx International Software Services, Inc. ( (TSE:WERX) ) has issued an announcement.
FintechWerx International Software Services Inc. has announced a non-brokered private placement financing of up to $250,000, issuing 223,214 units at $1.12 per unit. The proceeds will be used for general working capital, research and development, and to support sales and marketing efforts of the FintechWerx Platform. This move is expected to strengthen the company’s operational capabilities and enhance its market positioning, although it remains subject to Canadian Securities Exchange approval and other conditions.
More about FintechWerx International Software Services, Inc.
FintechWerx is a financial technology company that provides services such as onboarding, payments, identity verification, fraud mitigation, and data services. It caters to merchants, independent sales organizations, and payment service providers, offering a comprehensive alternative to multiple service providers.
Average Trading Volume: 40,118
Technical Sentiment Signal: Hold
Current Market Cap: C$39.84M
For detailed information about WERX stock, go to TipRanks’ Stock Analysis page.