Transact Pro Increased Its Capital by 60%

September 16, 2024

The company's paid capital now equals EUR 1,626,000.00, following a fully paid increase of EUR 626,000.00 earlier this year.

Maxim Yaroshewsky, CEO of Transact Pro, stated:

"The increase in capital was necessary to ensure capital compliance with the requirements of the Law on Payment Services and Electronic Money, to finance the completion of new product development and infrastructure update and entry into new markets. We are happy to have completed the development and testing of the new products, as well as the delivery to customers. Further news will follow shortly."