Toronto, Ontario--(Newsfile Corp. - April 23, 2020) - Zoompass Holdings Inc. (OTCQB: ZPAS) would like to announce the acquisition of Blockgration Global Corporation (BGC) and its subsidiaries, a leader in SaaS and software technology focused on blockchain and payment solutions.
With this acquisition, Zoompass will continue to transform itself into a technology leader, leveraging its expanding customer base in India and globally, cross selling into new markets and to existing customers. The company's mission is to build, acquire, and partner with software companies, supporting them with technical, financial, and operational solutions and delivering advanced technology to growing organizations internationally.
"The Zoompass-Blockgration partnership is a powerful combination. Blockgration's experience in the digital world, its deep roots in software solutions and collaborative approach is uniquely complimentary to how Zoompass operates. With these combined entities, we believe this will allow us to grow, becoming global innovators in the SaaS world," says Manny Bettencourt, CEO of Zoompass Holdings Inc.
"Partnering with Zoompass will allow us to provide the very best business user experience across our digital platforms," says David Ralph Mackereth, EVP at Blockgration. "Together, working as one team, we will unlock the full potential of digital payments technologies and place our clients on the path for success."
As part of this transaction, Zoompass will acquire controlling interest in BGC's growing subsidies:
An international financial services technology company based in India with a focus on Digital Wallet deployments, Multi-Currency, Multi- Processor Prepaid Card Platform and Corporate Domestic Money Transfer. The company's aim is to make online transactions simpler and more secure for all.
Is a leader in delivering high-traffic mobile apps, performance driven web-based applications, cloud suites and globally distributed software systems to customers across the globe.
With a combined total of approximately 125 employees across four countries, Zoompass is quickly becoming a global player in advanced technology for the financial and consumer services industry.
BGC is an established Canadian-based company that provides a one-stop multi-currency digital wallet platform and blockchain centric technology and payment solutions. BGC connects blockchain platforms with payment ecosystems and traditional banking and provides our clients and their consumers with seamless integrated services such as digital assets trading, international money transfer, bill payments, instore and online merchant payments along with other value-added services. Visit blockgrationglobal.com for more information.