HiPay: A Payments Pure Player 91% of Shareholders Approve Divestiture
Paris, France, July 31, 2017, 8:40 a.m.: HiPay Group (ISIN code: FR0012821916 – HIPAY), a fintech company specialized in online payments, announces the sale of its subsidiary HiPay Mobile after consulting with its shareholders at the General Assembly on Friday, July 28, 2017.
Almost 64% of HiPay’s shareholders participated. All proposed resolutions were passed.
With this approval, HiPay was able to hand over its micropayment subsidiary to Gibmedia under the conditions listed on June 19, 2017.
HiPay, which has a well-structured team, solidly built brand and technological platform, will now dedicate itself entirely to executing its strategy of becoming a major player in the European payments industry.
The Board of Directors would like to thank everyone who participated.
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Next financial communication: November 7, 2017 – 2017 Q3 Results