Fintech group GSTechnologies Ltd (LSE:GST) crushed it on the London Stock Exchange today, soaring over 80% to bring its share price to 0.9p.
News of GSTechnologies’ acquisition of PAYPT Finance, a Canadian company holding a Canadian Money Services Business (MSB) licence, clearly impressed investors.
Upon FINTRAC's approval of the change of control, GSTechnologies plans to rename PAYPT to Angra Global, showcasing the group's strategic intention to transform Angra into a B2B-focused Neobank.