Funding Round · Payments · 2023

GBank acquires BankCard Services in all-stock merger

GBank Financial Holdings Inc. raised $10M all-stock merger acquisition led by BankCard Services, LLC on December 14, 2023.

Primary
GBank Financial Holdings Inc.
Counterparty
BankCard Services, LLC
Amount
$10M
Structure
all-stock merger acquisition
Date
December 14, 2023
Sub-sector
Payments

Acquisition expands Gaming FinTech Division and integrates proprietary cashless payment solutions (PPA and PCA programs) to grow gaming and payments network.

Counterparty
BankCard Services, LLC
Amount
$10M
Event date
December 14, 2023
Sub-sector
Payments
HQ
Not disclosed
Structure
all-stock merger acquisition
Source published
December 14, 2023
Publisher
PR Newswire

Source: tmcnet.com