“We made a deal according to which they bought us, committed to investing EUR 3 million in the initial stage. Depending on how it goes, the investment may increase by another 10 times in the future (&). We agreed with the investors that they purchase our company, undertake to invest in it, and we continue to develop it in order to expand the range of services in the European Union,” said Cardinity CEO Egidijus Andreika, according to whom Cardinity was NomuPay’s only acquisition in the EU.

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