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Credissential Completes Sale of Antenna Platform to Codeifai
Thenewswire· 2026-02-17 13:30
Group 1 - Credissential Inc. has successfully completed the sale of its Antenna Transfer Inc. business to Codeifai Limited, with the transaction closing on February 16, 2026 [1][2] - The total consideration for the transaction amounts to AUD$1.3 million, consisting of AUD$1.15 million in common shares and AUD$150,000 in cash, which will provide additional working capital for the company's product development [2][3] - The CEO of Credissential expressed satisfaction with the transaction, highlighting that it allows the company to focus on its current product stack, including CoinCMPLY and DealerFlow [3] Group 2 - Codeifai Limited is an Australia-based technology company specializing in AI, quantum computing, and secure data solutions, aiming to meet the global demand for secure digital infrastructure [4] - Codeifai develops high-margin, scalable SaaS platforms that leverage advanced technologies to provide solutions across various sectors, including fintech, legal, healthcare, and government [4] - Credissential is focused on developing AI-powered financial services software, addressing critical friction points in financial transactions to enable efficient, secure, and compliant value transfers [5]
Credissential Advances CoinCMPLY Platform with CPA Initiative and Strengthens Board with Key Appointment
Thenewswire· 2025-06-03 12:30
Core Insights - Credissential Inc. is transforming its CoinCMPLY platform into a B2B crypto tax preparation solution and is seeking Certified Public Accountants (CPAs) for product development feedback [1][2][3] Group 1: CPA Initiative - The CPA recruitment initiative is part of Credissential's strategic vision to create a diversified financial technology ecosystem addressing market gaps through its software platforms [2] - The company is looking for both cryptocurrency-experienced and traditional CPAs to provide early feedback on the quantum-secured SaaS platform designed for accounting firms [2][3] - This initiative aims to build a platform that addresses real-world accounting challenges as cryptocurrency adoption grows in North America [3][4] Group 2: Leadership Changes - Mr. George Nguyen has been appointed to the board of directors, bringing extensive experience in cloud migration and digital scalability [5][6] - Mr. Nguyen has been granted 100,000 Restricted Share Units (RSUs) as part of his appointment, subject to a standard hold period [7] - Mr. Sebastian Lowes has resigned as General Counsel and director of the company, with the company expressing gratitude for his service [8] Group 3: Company Overview - Credissential is an AI-powered financial services software developer focused on the development and commercialization of products like Credissential Dealerflow, Antenna, and CoinCMPLY [9] - The company aims to address critical friction points in financial transactions, enabling efficient, secure, and compliant value transfer for businesses and individuals [9]