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Net Savings Link signs intent to acquire DiVinciPay Corp

Posted on May 28, 2024May 28, 2024

Net Savings Link Inc. (OTC: NSAV), a cryptocurrency, blockchain and digital asset technology company, announced today that it has signed a Letter of Intent (LOI) to acquire DiVinciPay Corp, an innovator in digital payment technology.

This strategic acquisition would signify a major expansion for NSAV, enhancing its capabilities within the digital finance ecosystem by integrating with DiVinciPay Corp.’s state-of-the-art decentralized payment solutions.

Subject to specific performance benchmarks pre-closing, Net Savings Link, Inc. will acquire 100% of DiVinciPay Corp., including all assets such as contracts, customers, proprietary code, and equipment. The existing management team at DiVinciPay will be retained to ensure continuity and expertise.

DiVinciPay Corp. has agreed to a 90-day exclusivity period during which Net Savings Link, Inc. will perform comprehensive due diligence to ensure a seamless integration. Although a 90-day exclusivity period has been granted, it is the goal of the parties to close this acquisition within thirty-days (30) from the execution of the LOI.

The acquisition aims to leverage DiVinciPay Corp.’s advanced decentralized technologies in conjunction with Net Savings Link, Inc.’s broad centralized market reach, including its NSAVpay platform, to enhance customer value and expand market presence.

NSAV released the following statement, “We are thrilled to welcome DiVinciPay Corp. into our corporate family. When completed, this acquisition is perfectly aligned with our strategy to innovate and expand within the digital finance arena, and we are excited about the opportunities this partnership will create.”

DiVinciPay Corp., added, “Our union with Net Savings Link, Inc. is a transformative step for our operations and reaffirms our commitment to advancing digital payment technologies. We look forward to combining our strengths and exploring new avenues together.”

About Net Savings Link’s vision is the establishment of a fully integrated technology company, which provides turnkey technological solutions to the cryptocurrency, blockchain and digital asset industries.

The Company drives innovation in the digital currency space by developing advanced blockchain technologies, digital assets, and market solutions that bridge the gap between traditional business frameworks and the future of decentralized technology. Over time, the Company plans to provide a wide range of services such as software solutions, e-commerce, financial services, advisory services and information technology.

DiVinciPay Corp. specializes in digital payment solutions designed to simplify transactions worldwide. Their innovative technology facilitates a secure and seamless digital payment experience, enhancing convenience for users globally.

Net Savings Link appoints Kevin Simon as Chief Executive Officer

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