GSTechnologies Ltd

GSTechnologies Limited is a global technology company, operating two core businesses across blockchain payments and financial services.
Deal price
1.1p
Discount of 24 %
Last Price 1.45p p

Key information

Key information

Sector

Fintech

Close date

Placing price

Last price

Discount

Amount raised

1.1p

1.45 p

24 %

£847,000

Company description

The primary focus for the Group has, since early 2021, been on the GS Fintech Ltd and GS Fintech PTE
Ltd subsidiaries in the UK and Singapore respectively, and the Company's expansion into blockchain
related technologies applied to the financial services sector, specifically its plans to launch a borderless
neobanking platform providing next-generation digital money solutions under the GS Money banner
based on three initial use-cases: international money transfers, borderless accounts, and private
stablecoin.

Use of proceeds

The funds raised from the placing will be principally used to accelerate the implementation of the Group's GS Money strategy, including potentially via further acquisitions.

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Please read our Risk Warning before making any investment decisions.

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