GreenBox Purchases Sky Financial Securing Estimated $1 Billion Processing Portfolio
Acquisition Brings Large Processing Volume Portfolio In-House, Enhancing Margins and Creating Additional Revenue Generating Opportunities GreenBox POS, an emerging and rapidly growing Fintech company announced it has entered into and closed on an asset purchase agreement with Sky Financial & Intelligence to purchase a portfolio of merchant accounts for $16 million in cash and 500,000 restricted common shares. The......