- RevoluGROUP (REVO) has added a suite of fintech features to its platform
- These include Automated Clearing House, Faster Payments Service, SEPA Instant single euro payments and Visa Direct
- CEO Steve Marshall sat down with Sabrina Phillips to discuss the updates
- RevoluGROUP Canada is a multinational financial technology company
- RevoluGROUP Canada (REVO) is unchanged, trading at $0.305 per share
RevoluGROUP (REVO) has added a suite of fintech features to its platform.
ACH, FPS and SEPA Payments now live
On March 10, RevoluPAY completed live trials for Automated Clearing House in Canada and the U.S., Faster Payments Service in the U.K., and SEPA Instant single euro payments in 27 countries.
The additions will strengthen global interoperability for RevoluPAY wallet holders and support pending large-volume revenue platforms RevoluREALTY, RevoluFIN and RevoluBET.
Visa Direct to launch May 2023
RevoluGROUP has initiated integration of Visa Direct with live trials expected to begin on April 3. All RevoluPAY users should have access to the technology by May 2023.
Current status of equity investment
The company is working toward a potential equity acquisition by a European financially regulated entity allied to a UAE-based financial consultancy firm.
The second addendum timeline to consider final E.U. transactional compliance approval should be granted by March 15, 2023.
Upon regulatory approval, management will submit the investment terms to shareholders and disclose the identity of its acquirers.
CEO Steve Marshall sat down with Sabrina Phillips to discuss the updates.
RevoluGROUP Canada, a 2023 Venture 50 winner, is a multinational financial technology company active in banking, remittances, forex payments, esports, travel and blockchain, among others.
RevoluGROUP Canada (REVO) is unchanged, trading at $0.305 per share as of 10:02 am EST.