GSTechnologies Ltd (LSE:GST) has completed the acquisition of 100% of Polish payment services firm Metapay sp. z o.o., strengthening its presence within the European regulated payments market. Metapay operates under a Small Payment Institution licence granted in accordance with the Polish Act on Payment Services, providing GSTechnologies with an established regulatory platform within the EU.
Following completion, the acquired business has been renamed Angra Limited sp. z o.o. The company is expected to play a key role in supporting the continued expansion of Angra Global’s product offering and geographic footprint, alongside ongoing licensing initiatives. The transaction forms part of GSTechnologies’ broader strategy to scale its regulated payment services across multiple European jurisdictions.
Despite the strategic rationale, the company’s overall outlook remains challenged. GSTechnologies continues to face declining revenues, sustained losses and unfavourable valuation metrics, which weigh heavily on investor sentiment. Technical indicators point to ongoing bearish momentum in the share price, underscoring the need for operational improvements and stronger financial performance to restore market confidence.
More about GSTechnologies
GSTechnologies Ltd is a London-listed fintech group focused on domestic and cross-border payment services. The company operates through its Angra Global platform, targeting the expansion of digital payments infrastructure and regulated financial solutions across European markets.
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