News from kvanto
LATEST COMPANY NEWS AND UPDATES
December 19, 2024
Kvanto Global Corporation Announces Strong Valuation in Brazilian Real Estate Market Project and Positive Progress Towards Nasdaq Listing
Kvanto Global Corporation is pleased to announce that the recent valuation of the Brazilian real estate project has significantly exceeded expectations, reflecting the company’s robust strategic investments and market positioning. Additionally, the company’s plans to list on NASDAQ remain firmly on track, marking a pivotal moment in its growth trajectory.
Brazilian Real Estate Valuation Exceeds Projections
The valuation results underscore the growing demand and profitability within Brazil’s dynamic real estate sector. Kvanto Global Corporation’s focused efforts in high-growth areas, coupled with strategic partnerships and innovative development initiatives, have driven exceptional performance.
“This outcome validates our commitment to delivering sustainable value to our stakeholders while leveraging opportunities in one of the most promising real estate markets globally,” said CEO Jesper Skorstengaard of Kvanto Global Corporation. “We are thrilled to see such positive outcomes from our efforts and remain dedicated to maintaining this upward trajectory.”
Progress Towards NASDAQ Listing
In tandem with its operational successes, Kvanto Global Corporation continues to make significant headway in its pursuit of a NASDAQ listing. The initiative, designed to enhance capital access and global visibility, reflects the company’s dedication to expansion and shareholder value creation. “Our journey toward the NASDAQ listing is progressing smoothly, supported by a well-structured roadmap and the unwavering dedication of our team,” added Jesper Skorstengaard. “This milestone will position us to unlock even greater opportunities on the global stage.”
Strengthening Synergy Between Kvanto Payment Products and Brazilian Real Estate
As part of its strategic growth initiatives, and as a result of the significantly better valuation, Kvanto Global Corporation has also strengthened the coalition between its payment products and the Brazilian real estate market. This enhanced integration aims to streamline payment processes, improve customer experiences, and unlock new efficiencies within the sector. “The synergy between Kvanto payment solutions and our Brazilian real estate offerings reflects our commitment to innovation and delivering value-added services,” noted CEO Jesper Skorstengaard. “This development positions us to further capitalize on opportunities within this thriving mark.
Forward-Looking Statements
This press release contains forward-looking statements that reflect Kvanto Global Corporation’s current expectations and projections. These statements are subject to risks and uncertainties, and actual results may differ materially. For more information, please contact:
Jesper V. Skorstengaard
CEO, Kvanto Global Corporation
Email: jvs@kvanto.com
Phone: +45 40 33 33 96
November 4, 2024
Kvanto Global Corporation Streamlines Group Structure in Preparation for Nasdaq Listing
Kvanto Global Corporation, a leader in innovative payment solutions, has announced a
strategic reorganization of its corporate structure, aligning with its objective to list on the Nasdaq stock exchange. As part of this optimization process, Kvanto Payments Services DK will now operate under the streamlined
brand name Kvanto Europe, ensuring it meets evolving market demands and prepares for the next stage of global growth.
The reorganization aims to simplify operations, improve internal efficiency, and position Kvanto for sustainable expansion in a dynamic industry. By trimming non-core activities and fine-tuning its services, Kvanto Europe will now focus
more intently on its core payment processing capabilities to match the evolving needs of customers, regulators and investors.
“This restructuring reflects our commitment to becoming a leaner, more agile organization, ready to meet the demands of a publicly listed company,” said Jesper Skorstengaard, CEO of Kvanto Global Corporation. “We are not only preparing for Nasdaq, but also aligning ourselves with the new realities of the global marketplace, ensuring our services and operations stay at the forefront of innovation and market needs.”
Kvanto Global Corporation’s decision to optimize its group structure ensures better resource allocation across regions and provides a stronger foundation for transparency and accountability, essential qualities for a company aiming to list on Nasdaq.
Kvanto Europe will continue serving as the company’s primary operational hub in Denmark and in Europe, maintaining its dedication to delivering high-quality payment solutions and supporting existing customer relationships. The shift to a more focused operational model reflects the company’s vision to maintain sustainable growth, improve profitability, and remain competitive on a global scale.
“We are entering a new chapter, one that prepares us not only for Nasdaq but also for
future technological and market shifts,” Skorstengaard added. “Our commitment
to our customers remains firm, and this optimization will ensure we can deliver better
solutions that meet their needs now and in the future.”
The company’s preparation for Nasdaq marks a significant milestone, reinforcing Kvanto’s
long-term ambition to become a major global player in the financial technology sector.
______________________________
Media contact:
Jesper V. Skorstengaard
CEO, Kvanto Global Corporation
Email: jvs@kvanto.com
Phone: +45 40 33 33 96
October 31, 2024
Kvanto Global Corporation Appoints ClearTrust as Transfer Agent for Upcoming Nasdaq Listing
Copenhagen, Denmark, October 31st – Kvanto Global Corporation is pleased to announce the appointment of ClearTrust, LLC as the official transfer agent for its upcoming listing on the Nasdaq Stock Exchange. The decision was made based on ClearTrust’s strong reputation for precision, security, and comprehensive support, especially in handling Direct Registration
System (DRS) transfers.
Kvanto’s decision to select ClearTrust emphasizes the company’s focus on providing transparent and efficient shareholder services.
The Direct Registration System (DRS) will allow Kvanto’s shareholders to register their shares electronically in their own names without holding a physical certificate, enhancing flexibility and security.
“ClearTrust was a clear choice for us due to their excellence in shareholder management and their ability to facilitate seamless DRS transfers,”
said Jesper V. Skorstengaard, CEO of Kvanto Global Corporation. “As we approach our Nasdaq debut, it’s critical to ensure that our shareholders have access to reliable, efficient, and secure services, and ClearTrust delivers on all fronts.”
“We are confident that ClearTrust’s professionalism and efficiency will provide our shareholders with the highest level of service
during this exciting phase for Kvanto” Mr. Skorstengaard adds.
ClearTrust will manage crucial responsibilities
including maintaining accurate shareholder records, processing DRS transfers, handling stock transfers, and supporting corporate actions. This partnership aligns with Kvanto’s strategy to prioritize transparency, compliance, and top-tier investor relations as it prepares for the public market.
Please note that all shareholders will be notified
directly as soon as Kvanto is ready.
For more information please contact:
Jesper V. Skorstengaard
CEO, Kvanto Global Corporation
Email: jvs@kvanto.com
Phone: +45 40 33 33 96
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About ClearTrust, LLC
ClearTrust is a registered transfer agent known for its accuracy, regulatory compliance, and high-quality customer service. They specialize in providing tailored shareholder services, including DRS transfers, for both public and private companies. ClearTrust’s focus is on delivering secure and reliable solutions that facilitate corporate growth and stability.
September 23, 2024
Kvanto Global Cooperation Announces Formation of Advisory Board in Preparation for Upcoming Nasdaq Listing
Kvanto Global Cooperation is excited to announce the formation of a new Advisory Board, a strategic step as we prepare for our
upcoming listing on Nasdaq. This board will be instrumental in guiding the company through its next phase of growth and innovation, leveraging the expertise and experience of its members to ensure a successful entry into the public market.
As we embark on this pivotal journey, Kvanto Global Cooperation is actively seeking skilled and passionate individuals to join our Advisory Board. We are looking for leaders, visionaries, and innovators from diverse backgrounds who are eager to contribute to our mission and help shape the future of our company.
“We believe that the formation of an Advisory Board is a crucial step in our development and growth strategy,” said Jesper V. Skorstengaard, CEO of Kvanto Global Cooperation. “Our goal is to build a team of accomplished professionals whose insights and experience will help us
navigate the opportunities and challenges ahead as we move towards our Nasdaq
listing, and beyond.”
Members of the Advisory Board will provide strategic
guidance, industry expertise, and invaluable perspectives to help drive our
business forward. This is an exciting opportunity to be part of a dynamic and
forward-thinking company on the verge of significant growth.
About Kvanto Global Cooperation:
Kvanto Global Cooperation is to become a leading player in the Payment Industry. With a commitment to innovation, excellence, and customer satisfaction, we have established ourselves as a trusted name in the market. Our upcoming Nasdaq listing marks a new chapter in our journey, and we are thrilled to welcome new talent to join us on this exciting path.
For more information please contact:
Jesper V. Skorstengaard, CEO
+45 40 33 33 96
www.kvanto.com
September 4, 2024
Kvanto Global Corporation Nears Completion of Valuation for Brazil Bank and Real
Estate Business; Secures Funding for Upcoming Listing
Kvanto Global Corporation is pleased to announce that it is nearing the completion of the valuation process for its bank and real estate business in Brazil. This significant milestone marks a crucial step forward in our strategic growth plan. The valuation is expected to be finalized end September/primo October 2024.
In addition to this development, we are also making substantial progress in securing the necessary funding for the company’s upcoming listing. The funding arrangements are in the final stages, positioning us well to move forward with
our listing plans, which expects to be immediately after finalizing of the valuation and the Prospectus.
Jesper V. Skorstengaard CEO:
“We are excited about the imminent completion of the valuation for our Brazilian assets. This will provide us with a clearer picture of our position in the market and strengthen our strategy going forward. Additionally, we are in the final stages of securing the needed funding, which brings us closer to our goal of listing and expanding our footprint in the industry,” said Jesper V. Skorstengaard.
The valuation of the Brazil bank and real estate business has been a thorough and detailed process, taking into account the dynamic market environment, potential for growth, and the
strategic importance of these assets in Kvanto Global Corporation broader
portfolio.
For further information, please contact:
Jesper Skorstengaard
CEO – Founder
Phone: +45 4033 3396
Email: Jvs@kvanto.com
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