Friday, August 12, 2022
Fintech, where Finance & Technology meet

SUDDENLY, we are the news

By DAC000 , in Fintech , at July 14, 2022 Tags:

over the past week we have had multiple requests to comment on rumours that Fintech Flash News has been acquired.

WHAT I CAN TELL YOU: we have been discussing an acquisition since Q4, 2021. Several face to face meetings have been very positive, and a letter of intent is likely to be signed by September 12th, 2022. Terms of the deal can’t be disclosed at this time, as due diligence is still being completed i.e. verification of corporate subscribers, etc.

I am not at liberty to comment further at this time.

The existing team will continue to publish the Fintech Flash News web site and weekly Scribus newsletter. The biweekly Adobe based newsletter for corporate subscribers will still be edited by myself, with a broader team providing content.

This is a very positive development, which will allow Fintech Flash News to broaden our reach, and significantly.

UPDATE 15-07-2022, 23:21

Final response to repeated requests: I can’t comment further on terms of the acquisition, however a key condition is Fintech Flash News (web) will continue to be published as is. The weekly Scribus newsletter will continue to be published as is.

This acquisition, if consummated, will only impact corporate subscribers and NOT negatively, as the original team will be expanded.