Greenbox POS Talking Blockchain and Stablecoin Coyni

Dec 16, 2021 | Podcast, SPACs

Taking a minor break from SPACs on our latest podcast we spoke to Greenbox POS (GBOX), a fintech that utilizes block chain technology to create custom payment solutions co-founded by Ben Errez. The company up-listed to Nasdaq earlier this year, and its newly created stablecoin, Coyni, will be a separately publicly traded entity led by Paul Levine.

Key Highlights:

  • Blockchain technology key for payments, continuing digitization of all payments
  • Its Gen3 has led to fully custodial + transactional stablecoin, backed by USD
    • Stablecoin, Coyni,  spun-off to maximize shareholder value in trading on a standalone valuation
    • Will begin with a P2P payments app
  • GBOX stock price has lagged, company is actively buying back shares
  • Recently raised $100M in financing
  • Volatility in crypto assets does not negatively affect Greenbox’s business
  • Team believes increased, albeit the correct types, of regulation as a boon

Know Who Drives Return

Objective, data-driven assessments for every public company director and officer.

More Know Who Drives Return Podcast Episodes

Amy Nauiokas on FinTech VC, SPACs, Diversity, and Anthemis Digital (ADAL)

Amy Nauiokas on FinTech VC, SPACs, Diversity, and Anthemis Digital (ADAL)

We were fortunate to sit down with Amy Nauiokas, the Co-Founder, Co-Chair, and Co-CIO of fintech investing platform Anthemis ($1.2B in AUM), who has been a leading fintech investor for nearly 15 years. Though she has a career that us regular folks might find astounding given she also runs a film and television production company, Archer Gray, which promotes story telling from diverse individuals.

SPAC Sponsor Spotlight: Live Oak Merchant Partners

Investment firm Live Oak Merchant Partners is one of the leading “serial” SPAC sponsors, with views of maintaining a long term presence in the asset class. Led by Rick Hendrix and Gary Wunderlich, Live Oak brings both extensive capital markets and advisory experience with an investment track record. 

BM Technologies’ (BMTX) Luvleen Sidhu on Becoming a Bank and FinTech Evolution

BM Technologies (BMTX) is a digital, mobile-first FinTech that was born out of BankMobile and boasts ~2M accounts. BankMobile was originally founded by Luvleen Sidhu and developed at parent Customers Bank (CUBI), before ultimately separating and going public via SPAC Megalith Financial Acquisition in January 2021. BMTX recently announced a strategic merger with First Sound Bank and now has plans to become a FinTech bank.