Acquisition completed at an agreed valuation of £10 million through the issue of 606,060 new VP Fintech Group shares
London, United Kingdom – 17 August 2026
Highlights
- VP Fintech Group has completed the acquisition of 100% of GlblNexus Inc.
- GlblNexus has been valued at £10 million for the purposes of the transaction.
- The acquisition consideration is satisfied entirely through the issue of 606,060 new ordinary shares in VP Fintech Group.
- No cash consideration is payable in connection with the acquisition.
- VP Fintech Group has been valued at £418,765,512 for the purposes of the transaction, consistent with the Company’s pricing on the Asset Match private securities market.
- This valuation corresponds closely to the midpoint of the previously published independent Willis Capital valuation of Valens Pay, converted into pounds sterling and adjusted for VP Fintech Group’s 55.93% ownership interest in Valens Pay.
- VP Fintech Group considers GlblNexus to have developed one of the most efficient infrastructures for crypto payment gateways.
- The Group believes the technology has the potential to significantly reduce its existing and future costs associated with crypto transactions and represents a strong strategic fit with the forthcoming VP Infrastructure Platform (“VIP”).
VP Fintech Group Limited (“VP Fintech Group”, “VPFG” or the “Company”), whose ordinary shares are traded on the Asset Match private securities market (ISIN: GB00BTXN3M11), is pleased to announce that it has completed the acquisition of 100% of the issued and outstanding shares of GlblNexus Inc. (“GlblNexus”), following the proposed acquisition previously announced by the Company.
GlblNexus is a Wyoming-based financial technology company which has developed proprietary crypto-to-crypto payment gateway technology designed to facilitate digital asset payments, settlements and blockchain-based transaction processing.
Following completion, GlblNexus is a wholly-owned subsidiary of VP Fintech Group.
Transaction Terms
For the purposes of the transaction, the parties agreed a valuation of £10 million for GlblNexus Inc.
VP Fintech Group has been valued at £418,765,512 for the purposes of the transaction, consistent with the Company’s pricing on the Asset Match private securities market.
The £10 million acquisition consideration is being satisfied entirely through the issue of 606,060 new ordinary shares in VP Fintech Group to the sellers of GlblNexus. The shareholders of GlblNexus include the two directors of VP Fintech Group, Torben Pedersen and James Holmes.
No cash consideration is payable by VP Fintech Group in connection with the acquisition.
Valuation Context
The valuation of VP Fintech Group used for the purposes of the GlblNexus transaction is consistent with the Company’s pricing on the Asset Match private securities market.
As previously announced, Willis Capital Limited completed an independent valuation of Valens Pay. The valuation of VP Fintech Group used for this transaction corresponds closely to the midpoint of that independent valuation, converted into pounds sterling and adjusted for VP Fintech Group’s 55.93% ownership interest in Valens Pay.
On this basis, the value attributable to VP Fintech Group’s interest in Valens Pay at the midpoint of the independent Willis Capital valuation corresponds closely to the £418,765,512 valuation of VP Fintech Group used for the GlblNexus transaction.
Against this valuation, GlblNexus has been valued at £10 million, with the acquisition consideration satisfied entirely through the issue of 606,060 new ordinary shares in VP Fintech Group, with no cash consideration payable.
Strategic Rationale
VP Fintech Group considers GlblNexus to have developed one of the most efficient infrastructures for crypto payment gateways, providing a scalable and cost-efficient framework for digital asset transactions.
The acquisition is considered a strong strategic fit with the Group’s forthcoming VP Infrastructure Platform (“VIP”), where the GlblNexus technology is expected to complement the infrastructure supporting the Group’s crypto and digital asset services.
The Group believes the technology has the potential to significantly reduce its existing and future costs associated with crypto transactions, while strengthening the proprietary technology infrastructure available to the Group.
The acquisition secures for VP Fintech Group full ownership of GlblNexus’ proprietary payment gateway technology, related intellectual property and software infrastructure.
In addition to its expected use within VIP, the technology may provide opportunities for future merchant payment solutions, digital asset transaction services and other blockchain-enabled financial services.
A spokesperson for VP Fintech Group commented:
“We are pleased to have completed the acquisition of GlblNexus. We believe GlblNexus has developed one of the most efficient infrastructures we have seen for crypto payment gateways, making it a strong strategic fit with our forthcoming VP Infrastructure Platform.
We believe the technology has the potential to significantly reduce the Group’s costs associated with crypto transactions, while strengthening the proprietary infrastructure behind our future digital asset services.
The transaction has been structured entirely through equity, allowing VP Fintech Group to acquire GlblNexus at an agreed valuation of £10 million without deploying cash resources. Importantly, the valuation used for VP Fintech Group corresponds closely to the midpoint of the previously published independent valuation of Valens Pay, converted into pounds sterling and adjusted for our 55.93% ownership interest.”
About GlblNexus Inc.
GlblNexus Inc. is a Wyoming-based financial technology company focused on digital asset payment infrastructure.
The company has developed proprietary crypto-to-crypto payment gateway technology designed to facilitate cryptocurrency payments, settlements and blockchain-based transaction processing through an efficient and scalable infrastructure.
Following completion of the acquisition, GlblNexus Inc. is a wholly-owned subsidiary of VP Fintech Group Limited.
About VP Fintech Group Limited
VP Fintech Group Limited is a United Kingdom-based financial technology holding company focused on fintech investments, payment technologies, digital financial infrastructure and technology-enabled financial services.
The Company’s ordinary shares are traded on the Asset Match private securities market under ISIN GB00BTXN3M11.
Forward-Looking Statements
This announcement may contain forward-looking statements concerning, among other matters, the future integration and commercialisation of GlblNexus technology, anticipated cost efficiencies and the Group’s broader business strategy. Such statements are based on current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially. VP Fintech Group Limited undertakes no obligation to update forward-looking statements except as required by applicable law.
