Hank Payments Corp. (TSE:HANK) has released an update.
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Hank Payments Corp., a North American leader in the Banking-as-a-Service (BaaS) market, has announced a non-binding agreement to acquire a technology platform company, with plans to complete the transaction by September 2024. The acquisition, valued at up to CAD $7.2 million, includes a discounted license for data storage and is expected to generate new revenue streams by leveraging the acquired Intellectual Property.
For further insights into TSE:HANK stock, check out TipRanks’ Stock Analysis page.
