Fair Market Value Estimated at CAD $922 Million or $10 Per ShareSTOCKHOLM, Sweden, Jan. 07, 2022 (GLOBE NEWSWIRE) Listing Partners Sarl, Research Department, ("Listing Partners Research") has updated
Kvanto Gateway Licensing Revenue to Commence This Quarter From Three Banks Under Contract With MobilewareTORONTO, Oct. 01, 2021 (GLOBE NEWSWIRE) Kvanto Payment Services Ltd. and its wholly owned subsidiary
Experiences over 100% in Client growth – Raises additional capital Prepares for Public Listing amid COVID-19 restrictionsCOPENHAGEN, Denmark, June 01, 2021 (GLOBE NEWSWIRE) Kvanto Payment Services Ltd. and its wholly subsidiary Kvanto Payment Services A/S. (“Kvanto”) is pleased to provide this Corporate Update and report on certain key initiatives that are currently underway. During Kvanto’s current 2021 fiscal year which ends on June 30, 2021, amid the challenges and restrictions imposed by COVID-19, the company has been successful in increasing its working capital by USD$ 2,040,000 by issuance of a series of private placements. This injection of capital has provided the financial foundation for the implementation of 3 key objectives which were: 1) To Increase the Customer Base,2) Provide the Capital for the MWT acquisition, and3) Strengthen the Balance Sheet for the planned public listing. 1) Customer Base Increases Over 100% Kvanto has been working dili
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Former NETS IT Director Added to Support Current Growth
COPENHAGEN, Denmark, April 29, 2021 (GLOBE NEWSWIRE) Kvanto Payment Services A/S, a wholly owned operating subsidiary of Canadian based Kvanto Payment Services Ltd. ( Kvanto ) are pleased to announce the appointment of Mr. Lars Studstrup to the Company s Board of Directors. Mr. Studstrup was the former IT Director of NETS - Denmark, one of Europe s largest financial payment processor, and brings significant experience to Kvanto as it enters into its current phase of growth. Under Studstrup s leadership, seven Nordic IT departments have seen a yearly OPEX budget of over 500 million DKK.
Studstrup has been CIO and member of Group Management for 20 years at Royal Greenland, DISA (former Dansk Industri Syndikat A/S), and a company within the MAERSK group. As a specialist in operational efficiency and maturity, enterprise infrastructure, compliance, project and programme management, Studstrup has worked in over 20 countries