LONDON: GSTechnologies Limited (LSE: GST) has announced that its subsidiary, GS Fintech UAB, will acquire Cake Pte Ltd and Cake DeFi UAB, known together as CAKE, for an undisclosed cash amount. CAKE operates a prominent cryptocurrency investment platform called Bake, especially popular in Germany, Austria, and Switzerland. This acquisition aligns with GST’s goal to expand…
Tag: GSTechnologies
GST gets FCA approved to take control of Angra Limited
LONDON, UK: GSTechnologies Limited (LSE: GST), the fintech and information technology solutions company, announced the Financial Conduct Authority (FCA) has approved the change of control of Angra Limited, a UK-based foreign exchange and payment services company. This allows the company’s agreement to acquire the whole of the issued share capital of Angra, as announced on…
GSTechnologies acquires Lithuanian Crypto Exchange Licence
LONDON, UK: GSTechnologies Limited (LSE: GST) has entered into a legally binding Sale and Purchase Agreement to acquire the whole of the issued share capital of UAB Glindala, a holder of a Crypto Currency Exchange Licence registered in Lithuania, for a total cash consideration of €27,500. Glindala’s Crypto Currency Exchange Licence is supervised by the…
Shayne Tan appointed Chief Operating Officer of GSTechnologies
LONDON, UK: GSTechnologies Limited, the fintech and information technology solutions company, announced the appointment of Tan Guan Han, Shayne (Shayne Tan), an existing Executive Director, as the Company’s new Chief Operating Officer with immediate effect. Shayne Tan, who joined the GST board in January 2021, holds a Bachelor of Business Management Degree from Singapore Management…
GSTechnologies agrees on conditional acquisition of Angra
LONDON, UK: GSTechnologies Limited has entered into a conditional agreement to acquire the whole of the issued share capital of Angra Limited, a UK-based foreign exchange and payment services company. Angra, which operates under the AngraFX brand name, is a Financial Conduct Authority (FCA) approved Authorised Payment Institution (API), conducting fast, secure and low-cost foreign…
GSTechnologies blockchain payment solution collaboration agreement with Wise MPay
LONDON, UK: GSTechnologies Limited (LON: GST) has signed a Collaboration Agreement with Wise MPay Pte Ltd, the Singaporean blockchain payment solution provider, with a view to Wise MPay providing GST with software and services to facilitate its plans to develop new higher-growth synergistic business areas focussed on blockchain technology, particularly those applicable in the banking…