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The latest announcement is out from RevoluGROUP Canada ( (TSE:REVO) ).
RevoluGROUP Canada Inc. has announced the appointment of Chris Becker and the re-appointment of Daniel Hernandez to its Board of Directors as part of its ongoing restructuring and strategic development. The company is in discussions with strategic investors to secure financing and explore growth opportunities, including potential equity participation or acquisition pathways for its payment institution, RevoluPAY. Additionally, RevoluGROUP is considering divestments of non-core assets to focus on its primary fintech operations, while also working towards lifting a cease trade order by obtaining a Revocation Order from the British Columbia Securities Commission.
More about RevoluGROUP Canada
RevoluGROUP Canada Inc. operates in the fintech industry, focusing on digital payments and financial technology solutions. The company is known for its European-licensed payment institution, RevoluPAY EP, S.L., and is actively involved in restructuring efforts to streamline operations and enhance its core fintech and digital payments growth strategy.
Technical Sentiment Signal: Buy
Current Market Cap: C$5.18M
See more insights into REVO stock on TipRanks’ Stock Analysis page.