Curated News
By: NewsRamp Editorial Staff
June 18, 2025
GivBux Shifts Strategy with Charter House Acquisition for Gold-Backed Services
TLDR
- GivBux's acquisition of Charter House Financial AU positions it to dominate the gold-backed financial services market, offering a unique advantage in digital payments and precious metals integration.
- GivBux will acquire Charter House Financial AU by July 13, 2025, integrating its asset-backed infrastructure to develop gold-backed digital payment solutions through the GivBux app.
- By merging charitable giving with gold-backed financial services, GivBux enhances its platform to support global philanthropy, making financial contributions more impactful and accessible.
- GivBux cancels previous deals to focus on a $200 million revenue gold-backed venture, merging digital payments with precious metals for a groundbreaking financial service.
Impact - Why it Matters
This news is significant as it highlights GivBux's strategic pivot towards integrating gold-backed financial services with digital payments, potentially revolutionizing how consumers interact with precious metals in the digital age. The acquisition could significantly enhance GivBux's revenue streams and expand its market reach, offering users innovative ways to engage with financial services while supporting charitable causes. For investors and consumers alike, this move represents a forward-thinking approach to combining finance, technology, and philanthropy.
Summary
GivBux Inc. (OTC: GBUX), a publicly traded Super App and charitable giving platform, has announced a significant strategic shift by finalizing a Share Exchange Agreement to acquire 100% of Charter House Financial AU, with the transaction expected to close by July 13, 2025. This move signifies GivBux's pivot towards gold-backed financial services, utilizing Charter House's asset-backed infrastructure and global networks. The collaboration aims to merge precious metals with digital payments through the GivBux app, with Charter House founder Anthony Capazze forecasting up to $200 million in revenue in the first year. GivBux has also canceled previous deals, including a $39 million acquisition of VitorganAmerica.shop, due to due diligence and funding concerns.
The GivBux Super App offers a unique shopping experience, allowing users to earn cash back on purchases at over 100 national retailers and donate a portion to charity. The app is free and continuously evolving, adding features like social networking, e-commerce, and banking. GivBux's vision is to create the largest community of givers, starting in the U.S. and expanding globally. For more details, visit www.GivBux.com.
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Source Statement
This curated news summary relied on content disributed by InvestorBrandNetwork (IBN). Read the original source here, GivBux Shifts Strategy with Charter House Acquisition for Gold-Backed Services
