London, United Kingdom Jul 21, 2022 (Issuewire.com) - REPX (https://therepx.com/), the fintech company that combines payments technology with fan passion through its innovative payment products that enable sports teams and celebrities to monetise their reputation and brand, announces its year-end results for the period ending 31 December 2021.
The complete financial data are published on the REPX website at
https://therepx.com/financial-reports/.
REPX confirms - as relevant facts after 31 December 2021 - that in June 2022 the PAYFAN CARDS of AC Milan AC and Torino AC were launched in Italy, which generated the company's first revenues. In the almost unanimous opinion of insiders, the launch of AC Milan prepaid cards was the best launch ever for a prepaid card in Italy, thereby validating REPX's unique business model in an important way.
REPX also received equity subscriptions for a total amount of EUR 6.6 million at a price of EUR 11.25 per share, for a total post-money capitalisation of EUR 47.3 million.
In addition to this private placement, REPX offered selected leading payment counterparties and some specific regional investors the option to participate in the opening of REPX local branches outside the UK for further private placement of up to EUR 2.5 million.
About REPX
REPX is a fintech revolutionising traditional banking by combining technology and the passion of billions of fans worldwide with social media. REPX allows sports teams, celebrities, influencers, brands, and iconic cities to innovatively connect with fanbases through exclusive co-branded prepaid cards, debit cards, and digital products. REPX portfolio of partners and brands creates maximum engagement in the social generation through electronic payments. Come and explore the many opportunities our platform has to offer by visiting us at
www.therepx.com
Media Contact:
Antonio Matta
Chief P.R. & Marketing Officer
marketing@therepx.com
Media Contact
The Reputation Exchange PLC *****@therepx.com 00393476260117 Suite 2a1, Northside House, Mount Pleasant, Barnet, Hertfordshire http://www.therepx.com
