Investment In UK Fintech Business

PIHG Takes Stake In  UK Fintech

PIHG has taken an initial 3% stake in UK fintech company SDG Assessment (“SDGA”), with the option to increase the stake up to 10%. The investment was made via a mixture of cash and 11,750 PIHG shares.

The investment will be used by SDGA in the continued development of their platform for verifying and funding projects which meet the criteria of the United Nations Sustainable Development Goals (“SDGs”).

The platform, due to be fully launched in June, will have three core features:

• Verification – the complete system for verifying, certifying and reporting on the project to provide transparency for investors and make sure it meets the various criteria;

• Digitization – enabling the tokenization, digitization, listing and trading of sustainable projects and assets, to enable projects to raise funding, and investors to participate in and trade stakes in those projects, leveraging the power of Decentralized Finance (DeFi);

• the SDG Linked Token (the “Token”) - the Token will focus on SDGs linked Regenerative Finance (ReFi) initiatives, including carbon credits, plastic credits, biodiversity credits, water credits, and other high-impact ventures.

Simon Littlewood, President of PIHG, commented: "We’ve been working with SDGA for some time. As we become increasingly involved in the launch of their platform, which could be used for some of our own projects, and projects we are negotiating to invest in and work with, it makes sense for us to take a stake in them and benefit from the potential of their business, as well as assist in their development."

“We will be working closely with the SDGA team over the coming weeks to assist with the launch, and talking to our shareholders, partners and other stakeholders to look at exercising our option to increase the stake to 10%, as well as potentially participating in the Token offering”   

About Plural Industry Holding Group

PIHG is a finance and investment group that invests in and builds businesses in the financial and digital sectors. PIHG is listed on the US OTC Pink Market (stock code PIHG) to enable partners, investors, projects and other stakeholders to participate in and contribute to the growth of our business and our vision. For additional information, or to be placed on our mailing list, please contact info@pluralihg.com or visit www.pluralihg.com or LinkedIn  

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