GreenBox POS (NASDAQ: GBOX) Surpasses Projections with Record 2021 Processing Volume of $1.95 Billion; Appoints Seasoned Cross-Functional Management Expert as Chief Operating Officer
Feb 18, 2022
- GreenBox POS has released preliminary unaudited 2021 results wherein its revenue and transaction volume grew by more than 200% and 800%, respectively
- The company’s processing volume outstripped its initial projections of $1.85 billion
- GreenBox recorded a transaction volume of $1.95 billion in 2021, while its revenues increased to at least $26 million
- GreenBox recently appointed organizational and strategic leadership veteran Mr. Min Wei as its Chief Operating Officer
GreenBox POS (NASDAQ: GBOX), an emerging FinTech company on a mission to create cutting-edge payment solutions that disrupt and improve the current world of payment systems, recently announced the preliminary unaudited 2021 results marked by a record transaction volume of $1.95 billion. The figure represented impressive year-over-year growth of over 800% from $202 million in 2020. Further, it contributed to revenues of at least $26.0 million, an increase of more than 200% from revenues of $8.5 million in 2020 (https://ccw.fm/bwQsu).
The company attributes this remarkable success that constitutes a breakout year to its advanced blockchain ledger-based payment solutions product offering…
NOTE TO INVESTORS: The latest news and updates relating to GBOX are available in the company’s newsroom at https://ccw.fm/GBOX
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