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Complii Fintech Solutions Completes Acquisition of MIntegrity to Strengthen Regulatory Services

FinTechComplii Fintech Solutions Completes Acquisition of MIntegrity to Strengthen Regulatory Services

Complii Fintech Solutions has successfully completed its acquisition of MIntegrity, a compliance consulting business, as part of its efforts to enhance its regulatory services.

This acquisition encompasses the MIntegrity brand, intellectual property, key personnel, and client base. It was finalized through a share-cash transaction, involving Complii issuing 13 million fully paid ordinary shares and paying $150,000 in cash. Additionally, Complii has agreed to pay an additional $150,000 if MIntegrity achieves undisclosed revenue targets for the 2024 and 2025 financial years.

Complii aims to position itself as the leading end-to-end service provider for AFSL (Australian Financial Services License) holders. MIntegrity, based in Sydney, is a specialist regulatory risk consulting firm with extensive regulatory expertise and commercial experience. Their digital offerings include RegsWeb, a digital regulatory library, and MIWize, an e-learning library featuring specialized modules aligned with FASEA (Financial Adviser Standards and Ethics Authority) requirements.

By FCCT Editorial Team

Disclaimer: The views expressed in this article are independent views solely of the author(s) expressed in their private capacity.

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