NetworkNewsBreaks – GreenBox POS (NASDAQ: GBOX) Leveraging Acquisitions to Amplify Margin Profile, Secure Processing Volume Base, Offer Additional Solutions
GreenBox (NASDAQ: GBOX), an innovative blockchain ledger fintech company, views acquisitions as a vital part of its growth strategy. Chairman Ben Errez notes that acquisitions allow the company to “Purchase merchant portfolios, adding processing volume to our platform, and provide a way to obtain key licensing assets, both domestically and globally, that enable us to branch out and service more verticals and geographic locations.” According to a recent article, GreenBox closed an asset purchase agreement with Sky Financial & Intelligence to acquire a portfolio of merchant accounts that contributed over $1 billion to the company’s total processing volume of about…







