Sprinkle Media

Stockholm IT Ventures AB to acquire the rapidly growing Fintech company Sprinkle AB

Pressmeddelande   •   Apr 26, 2019 10:17 CEST

The Swedish company Stockholm IT Ventures AB, which is publicly listed on the Frankfurt Stock Exchange since 2014 under the ticker symbol SVAB, announced that they will acquire the rapidly expanding Swedish Fintech company Sprinkle AB, which has been experiencing strong growth both organically, as well as through the acquisition of other companies and a growing, global network of customers and investors.

- Stockholm IT Ventures is a Swedish public company that is traded on the Frankfurt Stock Exchange, and for several years has developed and produced innovative solutions for the crypto currency and Blockchain markets. We see great value in the services that Sprinkle AB provides through its investor network and marketing expertise. The companies will strengthen each other by applying the Sprinkle Fusion Power business model. We are very happy to become a partner with Sprinkle AB and look forward to becoming the market leader in the Fintech 2.0 industry, says Bert Scheen, CEO of Stockholm IT Ventures AB.

Each of Sprinkle's brands, all positioned with a strong sustainability perspective, are strategically located around the world through the business model: Sprinkle Fusion Power ™, where each brand is fused under one IT and management platform. By sharing knowledge, technology and resources, Sprinkle creates exponential cross-value for customers and shareholders. The integration of Artificial Intelligence and Blockchain technologies, along with the development of proprietary technologies, including the Sprinkle’s LIBER8 token, security tokens and mobile application solutions, makes Sprinkle a pioneer in the Fintech 2.0 industry.

Sprinkle is comprised of several complementary brands, including:

Raise Reach, a crowdfunding platform that assists businesses with media campaigns, listing on a stock exchange, raising capital or increasing their number of shareholders.

Blockhomes, providing fractionalized investment opportunities to communities and low-emission energy production using both conventional and renewable energy sources, all financed by Blockchain technology.

Aktiebladet and Sprinkle Daily™, providing cutting edge marketing and news services including marketing campaigns, journalism, news, and social media campaigns.

Bakuhatsu, a Bitcoin investment platform that generates passive income through the volatility of the price of Bitcoin.

Stokenize™, a tokenization platform that creates security tokens that are backed by real assets and regulated as securities.

The famous singer, producer, DJ and entrepreneur, Denise Lopez, is Sprinkle's new Main Ambassador. Photo: Rickard Eriksson

Sprinkle is also excited and proud to have Denise Lopez as Sprinkle’s Main Ambassador. Denise has a successful career as a singer, songwriter, producer and DJ with more than 500,000 albums sold. Denise has a deep understanding of Blockchain technology through her serving as the IRO and COO for an EdTech company, Digital Learning Ecosystem®, that is democratizing education for 2.5 billion people in need of education worldwide. Denise’s music, entrepreneurial spirit and hands-on experience in the Blockchain industry make her the perfect Main Ambassador for Sprinkle.

- At Sprinkle we are very excited to partner with Stockholm IT Ventures, not only for their driving entrepreneurship, but also for their expertise, leadership and portfolio of state-of-the-art crypto currency products. Through collaboration with Stockholm IT Ventures, Sprinkle can now market the company much faster in the rapidly growing crypto currency and Blockchain markets. Stockholm IT Ventures will utilize Sprinkle's large marketing and investor channels, which makes it a real win-win partnership for both companies, says Ian Cassiman, CEO of Sprinkle AB.

Sprinkle Media works with media communication that is related to raising capital in the real estate and entrepreneurship markets. Through board representation, our deep industry knowledge, our network and our financial strength, we work to help companies become industry leaders. We use the RaiseReach investment platform to offer capital procurement services such as issues, real estate investments and crowd funding.