Peak to Create Lending Arm for Cubeler and Gold River Fintech Platform Users

Peak Positioning (PKK: CSE) has managed to structure a truly non-dilutive financing to create a financial services subsidiary named Asia Synergy Financial Capital (ASFC) that will complete the last revenue stream for the company’s two fintech platforms, Cubeler and Gold River. The $20 M investment in ASFC will allow ASFC to obtain a government approved lending license and provide the initial funds to facilitate transactions on the platforms. The arrival of ASFC is expected to increase the confidence level of future lenders and ultimately result in many new lenders coming onto the Cubeler platform. Click here to read the news release