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 Flow Further establishes Mobi724 as a leading fintech in Latin America and leverages its first-mover advantage in the fast-growing payment card market. Will accelerate Mobi724’s expansion into Latin America with an enhanced geographic presence, additional products and services, new revenue streams and numerous cross-selling opportunities.
