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Digiliti Money (formerly Cachet Financial Solutions) to Merge Into Urban FT

DIGILITI MONEY GROUP INC (DGLT)  More Company Research Source: Business Wire
US:NASDAQ Investor Relations: digilitimoney.com/investors/investors2
PDF NEW YORK--(BUSINESS WIRE)-- Urban FT Group, Inc., the industry leading SaaS-based digital banking platform, confirms that it has entered into terms to acquire the business and certain assets of Digiliti Money, Inc. (Digiliti), the wholly owned subsidiary of publicly listed Digiliti Money Group, Inc. (OTC:BB: DGLT) as part of a statutory merger of Digiliti into Urban FT’s affiliate, FinTech Imaging Solutions, Inc. “The merger is a fantastic outcome for both companies, their employees, and most importantly, for the clients we respectively serve,” comments Richard Steggall, CEO of Urban FT. “Our complementary client bases will benefit significantly by working with us as a single provider delivering best-in-breed remote deposit capture and digital banking solutions. Over the next 12 months, we’ll focus on meeting more of our clients’ needs by aggressively introducing our complete solution suite to more than 600 [Read more]

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