Stratevic Finance Group AB (formerly Stockholm IT Ventures AB)

STRATEVIC FINANCE GROUP AB ANNOUCES THE IMMINENT LAUNCH OF ITS NEW BRAND "BANKT"

Business news for the stock market

Stockholm (pta022/26.07.2019/16:00) - Stockholm, July 26th 2019: StrateVic Finance Group AB (formerly Stockholm IT Ventures AB - Frankfurt Stock Exchange: SVAB - ISIN SE 0006027546), is further reinforcing the implementation of the company's cross-asset banking strategy. StrateVic Finance Group AB is pleased to announce that it will be launching its cross-asset E-Wallet early next week. Supported by its recently announced E-Money and crypto Licences, version 1.0 will be released under the brand name "BANKT" residing at www.bankt.co.
More specifics about the exact launching date will be covered on the website - please visit www.bankt.co for further information where early registration has been enabled.
The first iteration of the E-Wallet supports our high frequency trading business (BTT Sweden) allowing quick and simple deposits of Bitcoin (BTC) into trading. Future versions of the wallet will enable managing all forms of digital assets along with legacy banking support via custom IBAN numbers and SWIFT payments, virtual & plastic debit cards as well as peer to peer payments, loans and credit options against our users portfolios.
The company's revenue will come from fees for transactions, cards and accounts.
"Following our announcement of last month of our new strategy for becoming a cross-asset bank, I am pleased to announce the release of our proprietary platform which will support this strategy. After securing an E-Money Licence along with the crypto exchange-License, the E-Wallet puts Stratevic at the forefront of the next generation of banking!" says Bert Scheen, CEO of StrateVic Finance Group AB.

StrateVic Finance Group AB (formerly: Stockholm IT Ventures AB) is a Swedish public company listed on the Frankfurt Stock Exchange since 2014 under the ticker symbol SVAB. The company specialises in FinTech such as banking and trading in virtual and physical currencies. For more information visit: www.stratevic.com. You can also find the Company on Facebook, Twitter and LinkedIn.

Media contact:
StrateVic Finance Group AB, Bert Scheen, CEO, [e-mail]

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emitter: Stratevic Finance Group AB (formerly Stockholm IT Ventures AB)
address: Nybrokajen 7, 111 48 Stockholm
country: Sweden
contact person: Bert Scheen
phone: + 46 10 138 8644
e-mail: [e-mail]
website: www.stratevic.com

ISIN(s): SE0006027546 (share)
stock exchanges: regulated market in Frankfurt; free market in Stuttgart, free market in Munich, free market in Dusseldorf; open market in Berlin

[ source: http://www.pressetext.com/news/20190726022 ]