News from kvanto
LATEST COMPANY NEWS AND UPDATES
July 4, 2024
Kvanto Nears Nasdaq Listing, Readies for Global Expansion
Kvanto Payment Services A/S (Kvanto) is pleased to announce that it is nearing the final stages of listing on the Nasdaq Stock Market in New York. This transition from the Canadian Securities Exchange (CSE) has been well received and appreciated by our existing investors and shareholders. We are excited to be on the right path towards joining the most professional exchange in the world.
Over the past few weeks, our team in the United States has been diligently preparing for this
significant milestone. This preparation has involved completing the necessary documentation, engaging in discussions with the Securities and Exchange
Commission (SEC), and consulting with legal experts at Nasdaq to ensure a smooth listing process.
In December, Kvanto arranged the reverse takeover of a listed company (The NewCo) which has been
thoroughly examined and deemed satisfactory. However, there is a minor challenge involving the conversion of some shareholder certificates, which has caused a slight delay. We anticipate this delay will be short-lived. Additionally, we are awaiting a valuation of our Brazilian activities, which is
currently being conducted with great urgency.
On the funding front, Kvanto is in advanced discussions with two highly professional
investment groups to secure the final funds needed to expand from two to five revenue centers globally. This funding is crucial for the continued growth and
success of The Kvanto Group.
The future looks bright for Kvanto, and the shareholders, and we expect to be on the market in few weeks’ time from now, this delay is out of our hands, but we are on the right track to achieving our ambitious goals. Our next update will include news about our progress on the customer side and further developments in our listing process.
For further information, please contact:
Jesper V. Skorstengaard
CEO – Founder
+45 40 33 33 96
June 4, 2024
Kvanto Global Corporation Appoints Christopher Royston Faure as Chairman of the Board
Kvanto Global Corporation (Canada) is pleased to announce the appointment of Mr. Christopher Royston Faure as the new Chairman of the Board. With over 23 years of extensive experience across various industries and continents, Mr. Faure brings a wealth of knowledge and expertise to the position.
Mr. Faure began his illustrious career as a Programmer Analyst for renowned international companies such as Peugeot-Citroen, Vivendi-Universal, and CGI Inc. His progression through these roles laid a strong foundation for his career in project management. Over the years, Mr. Faure advanced from Project Administrator to Project Lead, eventually excelling in Project Management. He earned his certificate in Project Management from the University of Quebec at Montreal (UQAM), in collaboration with George Washington University.
In late 2012, Mr. Faure, alongside his partners, made the strategic decision to continue the family business by merging with his brother’s construction company. This collaboration led to the formation of a Canada New Vision Development (Canada) Inc., a construction firm specializing in the African continent while leveraging Canadian expertise. Under Mr. Faure’s leadership, the company flourished and expanded its operations.
Mr. Faure’s entrepreneurial spirit continued as he established a Trans American transportation company under the North American Free Trade Agreement (NAFTA), providing services across Canada, the USA and Mexico. More recently, he has focused on the Portuguese real estate market, demonstrating his versatility and keen business acumen.
Known for his motivation, teamwork, and effectiveness in low-supervision environments, Mr. Faure has consistently demonstrated his ability to take ownership of responsibilities and drive successful outcomes. His record of excellence in team leadership and fostering opportunities for all has been a hallmark of his career.
“We are thrilled to welcome Christopher Royston Faure as our new Chairman of the Board,” said Mr. Jesper Skorstengaard, CEO of Kvanto Global Corporation. “His vast experience, strategic vision, and exemplary leadership will be invaluable as we continue to grow and achieve new milestones.”
Mr. Faure’s appointment marks a significant step forward for Kvanto Global Corporation as it continues to enhance its global presence and innovate in the industry. The company is confident that under Mr. Faure’s leadership, it will continue to thrive and deliver exceptional value to its stakeholders.
For more information, please contact:
Jesper Skorstengaard
CEO
Kvanto Global Corporation
Phone: +45 4033 3396
Email: Jvs@kvanto.com
May 23, 2024
Kvanto Global Corporation Secures Three-Year Contract with Dubai-Based Internet reseller chain
Kvanto Global Corporation is pleased to announce the signing of a significant three-year contract with a professional Internet distributor headquartered in Dubai, UAE. The contract was finalized at their office in Cyprus, marking a pivotal step in Kvanto’s expansion strategy across Europe and beyond.
Under the terms of this contract, Kvanto will onboard more than 120 merchant shop solution partners throughout Europe. Our advanced payment solutions will empower shop owners to manage a diverse range of imports from around the globe, with a primary focus on goods from
China, a key competitor in the market.
The strategic partnership aims to process more than $1.75 billion in transaction volume through the Kvanto Gateway. This will position Kvanto as the premier security partner for all payments processed in Europe, with plans to extend our reach to North and South America in the future.
Jesper Skorstengaard, CEO of Kvanto Global Corporation, commented, “This is a perfect partnership. Our cross-border payment solution is among the few capable of handling true multi-currency transactions, ensuring a seamless and secure payment experience across various markets.”
Kvanto’s robust payment gateway solutions are designed to address the complexities of cross-border transactions, offering a reliable and efficient platform for both merchants and
consumers. We are dedicated to supporting our partners and ensuring comprehensive service throughout the European region.
In conjunction with this exciting partnership, Kvanto is also thrilled to announce our upcoming listing on the Nasdaq OTC market. We are targeting the end of June 2024 for this significant milestone, depending on our external valuation appraiser, to finish the work and legal security officers approval. These efforts underscore our commitment to growth and innovation in the global payment solutions industry.
For more information, please contact:
Kvanto Global Corporation
Jesper V. Skorstengaard
jvs@kvanto.com
+45 40 33 33 96
May 7, 2024
Kvanto Welcomes CleverDo Payment Technologies Ltd. to Its Platform, Paving the Way for Streamlined Financial Management
Kvanto – dedicated to empowering individuals
and businesses with innovative financial solutions, is proud to announce its partnership with CleverDo Payment Technologies, a licensed Financial Institution based in Vancouver Canada with an international business-to-consumer and business-to-business initiative revolutionizing
financial space.
CleverDo is on a mission to transform the way individuals and businesses manage their finances, offering a customer-centric solution that empowers users to make informed financial
decisions effortlessly. With a commitment to simplicity and innovation, CleverDo provides a user-friendly platform designed to simplify the complexities of money management.
“At Kvanto, we are dedicated to providing our customers with the tools they need to achieve financial success,” said Jesper Skorstengaard, CEO of Kvanto. “We are thrilled to welcome CleverDo Payment Technologies to our platform and look forward to working together to empower individuals and businesses with innovative financial solutions.”
Through this partnership, users will gain access to CleverDo’s customizable financial management platform, tailored to the unique needs of each user. Whether managing personal finances or overseeing business transactions, CleverDo’s intuitive platform provides users
with the flexibility and control they need to make smart financial choices.
“We are excited to join forces with Kvanto to deliver a seamless financial management experience to users around the world,” said Poul Erik Andersen, CEO of CleverDo Payment Technologies Ltd. “Together, we will continue to innovate and empower individuals and
businesses with the tools they need to thrive financially.”
With a shared commitment to innovation
and customer satisfaction, Kvanto and CleverDo are poised to revolutionize the way individuals and businesses manage their finances. Through this partnership, users can expect a seamless and intuitive financial management experience that simplifies their financial journey.
Kvanto will start implementation of the
first 160.000 of CleverDo´s already onboarded private users. “By the end of 2024 we expect to have implemented + 560.000 private users”, said Mr. Skorstengaard.
Visit us online:
www.kvanto.com
www.CleverDo.app
March 9, 2024
Kvanto Announces Strategic Move to NASDAQ for Enhanced Exposure and Investor Potential
Toronto, March 9, 2024 – Kvanto is thrilled to announce its strategic decision to list on NASDAQ, OTC BB, heading for NASDAQ – instead of the Stock Exchange in Canada. This move marks a significant step forward in Kvanto’s commitment to maximizing shareholder value and capitalizing on its remarkable growth trajectory.
With a robust order book and a promising pipeline of projects spanning across Europe, Canada, the USA, India, and latest a large project in South America, Kvanto is positioned for unparalleled growth in accordance with its established strategic vision.
“Our decision to list on NASDAQ is a testament to our unwavering dedication to our investors and our commitment to driving sustainable growth in the short and long term,” said Jesper Skorstengaard, CEO at Kvanto.
“The move will provide us with significantly greater exposure, attract a broader investor base, and ultimately enhance trading volume, enabling us to add substantial capital to fuel our expansion initiatives.” Companies like Facebook, Google and Amazon are listed on NASDAQ.
The decision to transition to NASDAQ reflects Kvanto’s commitment to unlocking new opportunities and maximizing shareholder value. By leveraging the NASDAQ platform, Kvanto aims to enhance transparency, liquidity, and accessibility for investors while solidifying its future position as a global leader in the Payment sector.
“We are confident that the transition to NASDAQ will not only amplify our market presence but also enable us to execute our strategic initiatives with precision and efficiency,” added Mr. Skorstengaard.
Kvanto reassures its stakeholders that the listing process on NASDAQ will proceed seamlessly and does not anticipate any significant delays beyond the previously established timeline. The company remains committed to maintaining transparent communication throughout the transition period.
For more information please contact:
Jesper V. Skorstengaard
Mail: jvs@kvanto.com
Phone: +45 40333396
March 7, 2024
Kvanto Announces Resignation of Canadian Chairman Martin Fraser Due to Health Reasons
Toronto, Canada – Kvanto, regrets to announce the resignation of Mr. Martin Fraser, the esteemed Chairman of the Board for Kvanto’s Canadian operations. Mr. Fraser has made the difficult decision to step down from his position with immediate effect due to health reasons.
During his tenure, Mr. Fraser has made significant contributions to Kvanto, especially in spearheading the company’s efforts to transition into a public entity. His dedication and leadership has been invaluable, and he will be sincerely missed by the entire Kvanto family. We extend our heartfelt gratitude to Mr. Fraser for his unwavering commitment and wish him a speedy recovery and all the best in his future endeavors.
Kvanto is actively engaged in the process of identifying Mr. Fraser’s successor. Over the past week, the company has conducted several meetings with potential candidates in Canada. We are confident in our ability to appoint a new Chairman of the Board in the very near future, ensuring continuity and stability in our leadership structure.
Despite this transition, Kvanto’s commitment to its strategic objectives remains unwavering. The company’s pursuit of listing on the Stock Exchange continues unabated, fueled by our determination and unwavering effort.
Kvanto remains focused on delivering value to our stakeholders and achieving our corporate goals. We appreciate the ongoing support of our investors, partners, and employees as we navigate this transition period.
For further inquiries, please contact:
Jesper V. Skorstengaard, CEO
Mail: jvs@kvanto.com
Phone: +45 40333396