Quickbit completes previously announced acquisition of Balder Solutions

Quickbit has today completed the acquisition of Balder Solutions AS, originally announced on 19 July 2021. Through the acquisition, Quickbit will receive the necessary registrations required for a future launch of the Quickbit App and Quickbit Card in Norway, which is the next step in Quickbit's expansion phase. The purchase price amounts to NOK 2.5 million and is financed in its entirety with cash.  

For further information, please contact:

Simon Afeworki, Head of Finance
simon@quickbit.com
+ 46 76 252 14 75

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Quickbit is a Swedish fintech company, founded in 2016 with the goal of making the integration of cryptocurrencies into the everyday lives of people and companies smoother. Today, Quickbit offers safe and easy-to-use products for e-merchants as well as to customers. With over €500M in transactions on the blockchain to date, Quickbit has already enabled and empowered individuals around the world, through the use of cryptocurrencies. Quickbit has been listed on NGM Nordic SME since July 2019. For more information, please visit www.quickbit.com