Druces client, GSTechnologies Ltd has recently completed its acquisition of UK-based foreign exchange and payment services company Angra Ltd. 

Angra is used to conducting fast, secure and low-cost foreign exchange business and payment services internationally, GSTechnologies plans to utilise this to build the UK arm of its planned blockchain-enabled neo-banking business.

Commercial Partner Neil Pfister advised on the deal and said:

“It was a pleasure to work with GSTechnologies on this acquisition which marks a new chapter in their growth and future plans.”

Further information

For more information on our corporate and commercial services for technology clients, please speak to:

• Neil Pfister on +44 (0)20 7216 5589 or n.pfister@druces.com