Business
Business Warrior Acquires FinTech SaaS Company, Alchemy Technologies
Business Warrior Acquires FinTech SaaS Company, Alchemy Technologies.
About this update from Business Warrior Corporation
[{"type":"text","content":"\nBusiness Warrior Corp. (OTC: BZWR), the source for small businesses in America to get more customers, today announces the acquisition of Alchemy Technologies, a global FinTech software as a service (SaaS) company. The acquisition strengthens Business Warrior’s core marketing and lending software while expanding the Company’s brand and services to meet global demand.\nThis press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220609005266/en/Business Warrior announces the acquisition of Alchemy Technologies, a global FinTech software as a service (SaaS) company. (Graphic: Business Wire)\nAlchemy specializes in creating end-to-end, cloud native lending experiences for other FinTech companies, merchants and banks. The company installs its core solution to a number of different verticals, including:\n\n\nPersonal loans\n\n\nPoint of Sale Financing\n\n\nHealth and Beauty Financing\n\n\nConstruction Loans\n\n\nSolar and Home Improvement Financing\n\n\nSmall Business Lending\n\n\nSkillset Financing\n\n\nCrowdfunding Platforms\n\n\nIn working with Alchemy to develop its Business Warrior Funding lending platform earlier this year, Business Warrior identified Alchemy as an attractive acquisition opportunity, noting its operational and financial performance.\n\nAlchemy is a global company with customers in six different countries and territories, the United States, Mexico, United Arab Emirates, Australia, United Kingdom and Puerto Rico. In 2021, Alchemy generated total revenues of $2.8 million. The company is on track to add additional revenue and projects full-year 2022 revenues to increase by 77% compared to 2021.\n\n“After working with Alchemy, we quickly realized the massive potential of adding this international group of industry leaders to the Business Warrior team,” explains Business Warrior President Jonathan Brooks. “With our Business Warrior platform, premium marketing, and now a global lending technology presence, we are building solutions that propel the success of small businesses.”\n\nAs a subsidiary of Business Warrior, Alchemy will remain under its current brand name and will continue to support its clients and internal teams. Alchemy and its more than 30 full-time employees and over 100 full-time contracted developers will be an indepen...