Tag: TechFinancials Inc (LON:TECH)

TechFinancials converts loan into Footies
October 01, 2019 BY Valentina Kirilova

TechFinancials provides an update to the MarketFinancials deal

Fintech software provider of financial solutions TechFinancials Inc (LON:TECH) has today provided the market with another update relating to the sale of its shareholding in MarketFinancials Limited (MF). The Company has agreed to extend the completion date of the conditional Share Purchase Agreement to sell its entire holdings in MF, a non-core loss-making asset, for €100,000…

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techfinancials
August 15, 2019 BY Valentina Kirilova

TechFinancials releases interim results for H1 2019, focus is on Footies Ltd

Fintech software provider of financial solutions TechFinancials Inc (LON:TECH) has today released its unaudited interim results for H1 2019. LeapRate reminds that the company has recently agreed to extend the completion date of the conditional Share Purchase Agreement to sell its entire holdings in MarketFinancials Limited (MF) to 31 August 2019. TechFinancials has also signed a…

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TechFinancials converts loan into Footies
July 15, 2019 BY Valentina Kirilova

TechFinancials continues to support the Footies venture

Fintech software provider of financial solutions TechFinancials Inc (LON:TECH) has provided an update on progress in the Company's 75% owned subsidiary, Footies Ltd.  LeapRate reminds that October last year, TechFinancials entered into non-binding heads of terms with Footies Tech Ltd, a Blockchain based ticketing platform for sports venues and teams, to establish a new company…

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TechFinancials converts loan into Footies
July 01, 2019 BY Valentina Kirilova

TechFinancials provides an update to the MarketFinancials deal

Binary options platform and brokerage group TechFinancials Inc (LON:TECH) provided the market with an update last week relating to the sale of its shareholding in MarketFinancials Limited (MF). The Company has agreed to extend the completion date of the conditional Share Purchase Agreement (the “SPA“) to sell its entire holdings in MF to 31 August…

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TechFinancials converts loan into Footies
June 20, 2019 BY Valentina Kirilova

TechFinancials announces a 42% YoY decrease in revenues in FY18

Fintech software provider of financial solutions TechFinancials Inc (LON:TECH) announced earlier this week its results for the year ended 31 December 2018, and as expected, they don't look good at all. Financial Highlights Revenues of US$7.8 million (2017: US$13.4 million) a decrease of 42% Blockchain trading technology revenues of US$3.8 million (2017: US$0.24 million) increased…

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TechFinancials sells its holding in MarketFinancials to Proverial Ltd
January 16, 2019 BY Valentina Kirilova

TechFinancials sells its holding in MarketFinancials to Proverial Ltd

Binary options technology and brokerage company TechFinancials Inc (LON:TECH) has announced that it has entered into legally binding, conditional Share Purchase Agreement (SPA) with the Cyprus incorporated company Proverial Ltd. The SPA is conditional inter alia on the consent of the SFSA which is to be received by no later than 30 June 2019. TechFinancials has informed that…

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CEDEX blockchain diamond exchange goes live in Beta mode
November 28, 2018 BY Valentina Kirilova

CEDEX blockchain diamond exchange goes live in Beta mode

Binary options platform and broker turned blockchain company TechFinancials Inc (LON:TECH) has announced that the CEDEX blockchain diamond exchange has gone live in Beta mode, allowing investors to trade diamonds as a financial asset class. Last year, LeapRate reported that TechFinancials has partnered with private banking expert Saar Levi to start a new venture called CEDEX.com. TechFinancials…

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TechFinancials converts loan into Footies
November 13, 2018 BY LeapRate Staff

TechFinancials gets $867,000 payout from Asia Binary Options JV

Binary options turned blockchain technology company TechFinancials Inc (LON:TECH) has announced that it will receive in early December an $867,000 dividend payout from its 51% owned joined venture company DragonFinancials. DragonFinancials operates binary options broker websites in China and the Far East, one of the few regions where binary options are still being offered to…

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TechFinancials teams up with ex Liverpool FC CEO Ian Ayre’s Footies to establish NewCo
October 30, 2018 BY Valentina Kirilova

TechFinancials partners with ex Liverpool FC CEO Ian Ayre's Footies in blockchain venture

Binary options platform and broker turned Blockchain company TechFinancials Inc (LON:TECH) has announced that it has entered into non-binding heads of terms with Footies Tech Ltd, a Blockchain based ticketing platform for sports venues and teams, with respect to establishing a new company subsidiary (NewCo). Footies is chaired by Ian Ayre, who was previously Chief…

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