GreenBox POS GBOX Archives - Page 2 of 5

ThursdayApr 28, 2022 1:28 pm

QualityStocksNewsBreaks – GreenBox POS (NASDAQ: GBOX) to Participate in Taglich Brothers Conference

GreenBox (NASDAQ: GBOX), an emerging and rapidly growing fintech company, will be presenting during next month’s Taglich Brothers Investment Conference. The two-day event is scheduled for May 2–3, 2022, and will take place in New York City. GreenBox chair Ben Errez will be presenting during the event. His presentation will include a discussion of the company’s growing customized blockchain-based payment solutions along with an overview of the company’s strategic plans to become an integral presence in the digital payments landscape. Errez’s presentation is slated for May 2 at 4:15 p.m. ET. Taglich Brothers is a full-service brokerage firm specializing in…

WednesdayApr 27, 2022 12:50 pm

QualityStocksNewsBreaks – GreenBox POS (NASDAQ: GBOX) Announces Auditing Change, Will Partner with Simon & Edward, LLP

GreenBox (NASDAQ: GBOX), an emerging and rapidly growing fintech company, has appointed Simon & Edward, LLP, as its new registered public accounting firm. The change was effective as of April 19, 2022. GreenBox had previously worked with BF Borgers CPA, and the change was made after the audit committee did a careful evaluation. The company notes that there was no issues or disagreement that prompted the change. Simon & Edward is an independent member of the BDO Alliance USA. “We would like to thank BF Borgers for their professionalism, expertise and guidance during their engagement,” said GreenBox CEO Fredi Nisan…

TuesdayApr 26, 2022 9:30 am

GreenBox POS (NASDAQ: GBOX) Furthers Growth Strategy with Acquisition of Billion-Dollar Merchant Portfolio

GreenBox has secured an estimated $1 billion merchant accounts portfolio following the closing of an asset purchase agreement with Sky Financial & Intelligence The company reported approximately $2 billion in total processing volume for the full year 2021, meaning the acquired portfolio formed a significant part of GreenBox’s growth success story during the last financial year Already, GreenBox has recouped $14.5 million of the purchase in the form of residuals received by Sky in FY21 and expects to recover the remaining amount in less than six months Last year, the company acquired Northeast Merchant Services and ChargeSavvy LLC, adding an…

FridayApr 22, 2022 1:47 pm

QualityStocksNewsBreaks – GreenBox POS (NASDAQ: GBOX) Committed to Becoming Global Leader in Digital Financial Solutions Marketplace

GreenBox (NASDAQ: GBOX), an innovative blockchain ledger fintech company, recently announced its financial results for the three months ended Dec. 31, 2021, (“Q4 FY2021”) and the fiscal year 2021 (“FY2021”). “GreenBox achieved record revenue in 2021 of $26.3 million, an increase of $17.8 million or 208.6% from $8.5 million in 2020. Processing volume for 2021 increased nearly tenfold to approximately $2.0 billion, from $202 million in 2020,” a recent article reads. “2020 unquestionably proved our ability to develop and deploy cutting-edge technology. In 2021, we focused on executing on our strategy to build sustainable scale for our products, while adding…

WednesdayApr 20, 2022 9:00 am

GreenBox POS (NASDAQ: GBOX) Completes Acquisition of Transact Europe; Expands Growth Potential for Clients Across Borders

Transact Europe has highly sought-after licensing, including principal level membership of Visa, worldwide membership of Mastercard, and principal membership of China UnionPay GreenBox’s acquisition provides a fertile foundation for its stablecoin project, coyni Clients of GreenBox will now have easy access to the tools they need to take their business across borders GreenBox POS (NASDAQ: GBOX), an emerging FinTech company experiencing rapid industry growth, recently announced that it completed the rigorous regulatory process required in the acquisition of Transact Europe Holdings – an acquisition valued at approximately $28 million, substantiated by the value of Transact Europe’s business volume, strategic licensing, systems,…

WednesdayApr 13, 2022 11:50 am

QualityStocksNewsBreaks – GreenBox POS (NASDAQ: GBOX) Completes SOC Certification Audit

GreenBox (NASDAQ: GBOX), an emerging and rapidly growing fintech company, has completed the System and Organization Controls (“SOC”) 2 Type 2 certification audit. The audit, which started in November 2021, focused on controls relevant to the security trust services category. According to the announcement, SOC 2 Compliance is a recognized auditing standard developed by the American Institute of Certified Public Accountants (“AICPA”) that evaluates a service organization's systems and determines if specified controls meet relevant trust services categories. Considered the gold standard for establishing trust with customers, the audit also measures the effectiveness of those controls over a specified period…

WednesdayApr 13, 2022 9:15 am

GreenBox POS (NASDAQ: GBOX) Releases Fourth Quarter and Full Year 2021 Results

On March 31, GreenBox POS released the financial results for the three months (“Q4 FY 2021”) and full year (“FY2021”) ended December 31, 2021 Company achieved record revenue in 2021 of $26.3 million, an increase of $17.8 million or 208.6% from $8.5 million in 2020 The Q4 FY2021 results build on Q3 2021 figures in which the company reported year-over-year growth in both transaction volume and revenues The financial figures were accompanied by a corporate update and expected prospects for 2022. On Thursday, March 31, at 4.30 PM Eastern, investors, stakeholders, and the general public heard about the progress that…

MondayApr 11, 2022 11:40 am

QualityStocksNewsBreaks – GreenBox POS (NASDAQ: GBOX) Names Seasoned Transactional Attorney to Board of Directors

GreenBox (NASDAQ: GBOX), an emerging and rapidly growing fintech company, has named a new member of its board of directors. The company has appointed transactional lawyer Adele Hogan to the board; Hogan will replace Carl Williams. With more than three decades of experience, Hogan has been involved in an estimated $200 billion of securities, mergers, contracts and closed deals. She is currently a partner at Lucosky Brookman, where she also serves as the cochair of the Corporate, Mergers & Securities Practice Group overseeing mergers and capital markets transactions including IPOs, SPACs, de-SPACs, corporate side of bankruptcies, securities and derivatives. Previously…

ThursdayApr 07, 2022 11:44 am

QualityStocksNewsBreaks – GreenBox POS (NASDAQ: GBOX) Closes on Asset Purchase Agreement of Merchant Account Portfolio

GreenBox (NASDAQ: GBOX), an emerging and rapidly growing fintech company, has announced an acquisition that will bring significant processing volume portfolio in-house. The asset purchase agreement with Sky Financial & Intelligence, will enhance GBOX margins and create additional revenue-generating opportunities for the company. In the transaction, GreenBox purchased a portfolio of merchant accounts for $16 million in cash and 500,000 restricted common shares. According to the announcement, one of the portfolios has been integrated with GreenBox’s technology and ecosystem for more than a year. During that time, the portfolio grew to more than $1 billion in total processing volume and played a…

WednesdayApr 06, 2022 12:01 pm

QualityStocksNewsBreaks – GreenBox POS (NASDAQ: GBOX) Finalized ‘Momentous’ Transact Europe Acquisition

GreenBox (NASDAQ: GBOX), an emerging and rapidly growing fintech company, has completed its acquisition of Transact Europe Holdings (“TEU”). According to the company, the $28 million purchase price was substantiated by the value of Transact Europe’s business volume, strategic licenses, systems and personnel. An EU-regulated electronic money institution, TEU is headquartered in Sofia, Bulgaria, and holds an array of valuable licenses, including principal level membership of Visa, worldwide membership of MasterCard and principal membership of China UnionPay. “This acquisition is a momentous triumph for us, representing the most significant asset to date for GreenBox, allowing us to propel forward as a…

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