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Mobi724 acquires LatAm marketplace Avenida - Vimarsana News

Mobi724 acquires LatAm marketplace Avenida

Mobi724 Global Solutions Inc. (TSXV: MOS) ("Mobi724" or the "Company"), a fintech enabler of real-time, AI-powered payment card-linked solutions, is pleased to announce it has entered into an agreement in principle (the "Agreement") with Avenida Inc. (the "Seller") to acquire all of the shares of Avenida Compras S.A. ("Avenida+"), a rapidly growing white-label marketplace and e-commerce business w...

Mobi724 Global Solutions Inc.: Mobi724 to Acquire Leading B2B Marketplace to Accelerate Growth in Latin America - Vimarsana News

Mobi724 Global Solutions Inc.: Mobi724 to Acquire Leading B2B Marketplace to Accelerate Growth in Latin America

Accretive Combination with Avenida+ Will Allow Provision of End-To-End Solutions to Financial Institutions Significantly Enhances Revenue and Enables near Term Positive Net Cash FlowFurther establishes