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Home»Web3»GivBux, Inc. Finalizes Agreement to Acquire Charter House Financial AU and Affirms Plans to Launch Gold-Backed Expansion Initiative
Web3

GivBux, Inc. Finalizes Agreement to Acquire Charter House Financial AU and Affirms Plans to Launch Gold-Backed Expansion Initiative

June 18, 2025No Comments3 Mins Read
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GivBux, Inc., a leading Super App and charitable giving platform, has recently announced its acquisition of Charter House Financial AU. This strategic move is set to be finalized by July 13, 2025, through a definitive Share Exchange Agreement, in which GivBux will acquire 100% of the shares of Charter House Ltd. in exchange for GivBux common stock.

The collaboration between GivBux and Charter House aims to enhance access to gold-backed financial benefits through the GivBux Super App. By integrating Charter House into the GivBux platform, users will have broader access to gold-backed benefits. This acquisition is expected to generate multiple revenue streams, with Charter House’s founder, Anthony Capazze, bringing over 25 years of experience in the gold markets and financial transactions to the table.

Anthony Capazze expressed excitement about the partnership, stating, “Joining forces with the innovative team at GivBux presents a tremendous opportunity for Charter House Financial AU. The GivBux platform could be the ideal launchpad for our business model, and I am optimistic about our potential success together. With current plans and market conditions, we anticipate generating up to $200 million in revenue in the first year of operations.”

Through the acquisition of Charter House, GivBux is strengthening its focus on delivering innovative solutions that bridge the gap between tangible assets and digital finance. By leveraging Charter House’s international networks and asset-backed infrastructure, GivBux aims to develop gold-backed offerings that enhance the stability and utility of its digital ecosystem. The two companies plan to collaborate on a platform that combines the stability of precious metals with the convenience of mobile payments and rewards.

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In line with its strategic focus, GivBux has decided not to proceed with a previously announced strategic investment and a $39 million acquisition due to certain limitations and conditions. This decision reflects the company’s commitment to prioritizing initiatives that offer the most significant long-term value to its shareholders.

Umesh Tim Singh, President of GivBux, Inc., highlighted the significance of the Charter House transaction, stating, “Completing the acquisition by July 13th presents us with a valuable opportunity to strengthen the GivBux brand. This acquisition aligns with our vision of merging real-world value with digital utility, creating a future of accessible commerce supported by tangible assets.”

GivBux continues to expand its presence in the fintech and digital commerce space, with the GivBux app experiencing steady user growth and merchant adoption in 2025. The company remains committed to innovation and delivering impactful solutions that empower consumers and communities.

About GivBux, Inc.:
GivBux, Inc. offers the GivBux Super App, which revolutionizes shopping by providing a user-friendly platform for swift and easy purchases at over 100 national retailers and local merchants. Users earn cash back on every purchase, with a portion of it directed towards a charity of their choice, reflecting GivBux Inc.’s commitment to giving back. The GivBux Super App is available on the Google Play Store (Android) and Apple App Store (iOS), constantly evolving with new enhancements and functionalities.

In conclusion, GivBux’s acquisition of Charter House Financial AU marks a significant step in advancing its vision of combining tangible assets with digital finance. This strategic move is poised to unlock new opportunities for users and drive growth for both companies in the evolving landscape of digital commerce and charitable giving.

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acquire Affirms agreement Charter Expansion Finalizes Financial GivBux GoldBacked House initiative launch Plans
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