TechFinancials decided to close all its subsidiaries and initiated the strike-off of its entities in Israel in 2021.
TechFinancials will be entitled to future consideration upon Lem Management succeeding to raise $20 million for the future operation of Cedex.
TechFinancials started the process to strike off its subsidiaries: TechFinancials (Israel) 2014 Ltd., Softbox Technologies Ltd. and Cedex Trading UK.
In the first half of 2020, TechFinancials revenues amounted to just USD $610,000, and the company posted a loss of USD $550,000.
Applied blockchain technologies and trading platform firm TechFinancials has come out with its 2019 financials, indicating a 56% drop in […]