Can you clarify who exactly owns Volt Bank? Are they individual investors, a consortium of companies, or perhaps a government entity? It's important to understand the ownership structure of financial institutions like Volt Bank, especially given the highly regulated nature of the cryptocurrency and finance space. Can you provide any details on the background of the owners, their expertise in this field, and their overall vision for Volt Bank's future? This information will help investors and stakeholders make more informed decisions about the bank's potential for growth and success.
7 answers
Martina
Tue Sep 24 2024
Luke Bunbury, a co-founder of Volt Bank, has ventured into a new business that has captured the attention of the financial world. His latest endeavor, We Are Embedded, has recently emerged as the buyer of all remaining assets from the defunct Volt Bank.
CryptoGladiatorGuard
Tue Sep 24 2024
The acquisition marks a significant turn of events for Bunbury, who has been a prominent figure in the banking and financial technology sector. Through We Are Embedded, he has now taken ownership of the Volt/BAAS technology, a key component of the former bank's operations.
GinsengGlory
Tue Sep 24 2024
The Volt/BAAS technology is a valuable asset, as it offers a range of services and capabilities that can be
Leveraged by financial institutions and other businesses. The acquisition of this technology by We Are Embedded underscores Bunbury's commitment to innovation and disruption in the financial sector.
RainbowlitDelight
Tue Sep 24 2024
In a statement, Bunbury expressed his excitement about the acquisition and shared his vision for We Are Embedded. He said, "We are thrilled to have acquired the assets of Volt/BAAS technology, and we see this as a significant step forward for our company."
Elena
Mon Sep 23 2024
The acquisition is expected to bring new opportunities for We Are Embedded, as it will enable the company to offer a broader range of services to its clients. The Volt/BAAS technology will also provide a solid foundation for the company's future growth and expansion.