CGift AG

  • WKN: A2AAB7
  • ISIN: DE000A2AAB74
  • Land: Deutschland

Nachricht vom 22.11.2019 | 12:00

CGift AG announces partnership with South American Wallet and Crypto solutions provider Lemon Cash.

DGAP-News: CGift AG / Key word(s): Alliance
22.11.2019 / 12:00
The issuer is solely responsible for the content of this announcement.

Hamburg, November 22, 2019 - CGift AG (ISIN: DE000A2AAB74 / WKN: A2AAB7) announces a new partnership with South American wallet and crypto solutions provider Lemon Cash (www.lemoncash.io). CGift will provide Lemon Cash with a white label solution from the CGift platform (www.cgift.io), so that users will be able to easily buy redeemable digital cryptocurrency gift cards via a dedicated website, or redeem physical cards purchased in one of the stores affiliated to the Lemon Cash network, including electronic stores, co-working spaces, coffee stores, and kiosks.

CGift gift cards embody the easiest way to enter the blockchain and crypto world. Interested users can conveniently purchase a digital gift card via the CGift website, select their desired card value and redeem it in just a few steps in the desired cryptocurrency.

Marcelo Cavazzoli, CEO and Founder of Lemon Cash, which as of now operates in Argentina, Chile, Ecuador, and Honduras, explains how CGift can accelerate the adoption of cryptocurrencies: "We are proud to announce this partnership with CGift. People in Argentina, who may lack the technical expertise for accessing the crypto economy but who are tired of suffering the diminishing of their savings by a persistent Peso devaluation and a rising inflation, now finally get access to the blockchain space. Entering it could not be easier so that we see great potential in our market for this new business model."

Philip Moffat, Co-Founder of CGift, adds: "The partnership with a strong partner like Lemon Cash is a further step forward into CGift's vision of facilitating the international access to the blockchain and crypto world for anyone and everywhere."

The first pilots Lemon Cash-branded CGift gift cards will be launched in Buenos Aires. The business model will then be replicated in other cities and countries throughout South America.

____________________________

CGift AG:

CGift AG is the cryptocurrency services company focused on the most convenient, simplest, branded on-ramps to customers coming into the cryptocurrency world. The company offers both CGift-branded and white label digital and physical gift card services, redeemable for cryptocurrencies.

 

Lemon Cash:

Lemon Cash is an Argentinian company with the sole purpose of accelerating the transition into the new economy. The company provides digital wallets with banking, extra banking and crypto capabilities and operates through different partners in Argentina, Chile, Ecuador, and Honduras.

____________________________

Contact Details:

 
  CGift AG
Schopenstehl 22
20095 Hamburg
Germany
  Gunnar Binder (Executive Director)
Tel.: +49 40 679580-53
Email: ir@cgift.io
Website: www.cgift.io
Stock exchanges: Open market Hamburg


22.11.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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