Vancouver, British Columbia--(Newsfile Corp. - February 8, 2022) - WonderFi Technologies Inc. (NEO: WNDR) (OTC: WONDF) (WKN: A3C166) (FTX: WNDR) (the "Company" or "WonderFi") today announced that, in connection with the acquisition by Bitbuy Technologies Inc. ("Bitbuy") that Kogan.com Limited (ASX: KGN) ("Kogan.com"), one of Australia and New Zealand's largest and most popular online retailers, will provide marketing support to WonderFi and Bitbuy as a key step towards international expansion and user growth.
Kogan.com previously agreed to provide marketing support to Bitbuy's future launch into the Australian market (here), and today has confirmed it will support the combined company, providing WonderFi with reach to Kogan.com's more than 3.3 million active customers in Australia.
David Shafer, Executive Director of Kogan.com commented: "We were pleased to learn of the pending acquisition of Bitbuy by WonderFi, and look forward to becoming shareholders of WonderFi. Kogan.com's commitment to provide marketing support to the combined company will now include WonderFi, expanding the potential offerings to Australians."
Ben Samaroo, Chief Executive Officer of WonderFi commented: "The recent successful launch of the WonderFi App through wonder.fi, the historic success of Bitbuy's centralized crypto trading platform, and the support of Kogan.com offers a tremendous opportunity for global Australian expansion."
The acquisition of Bitbuy by WonderFi for approximately $206 million was announced on January 4, 2022, and is expected to close in the first quarter of 2022, subject to approval by WonderFi and Bitbuy shareholders, as well as certain related matters and other acquisition-related closing conditions and regulatory approvals.
Additional Information
For additional information, please contact:
Ben Samaroo, CEO
[email protected]
(778) 843-9637
Investor Relations Contact: [email protected]
Media Contact: [email protected]
Bitbuy Technologies Inc.
Dean Skurka, President
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