Xalles Holdings Acquires CashXAI
November 29, 2023
Xalles Holdings Inc. has completed a share exchange to acquire CashXAI Inc., making CashXAI a wholly owned subsidiary of Xalles Financial Services Inc. CashXAI operates a cash-to-digital network powered by self-service kiosks and a mobile app—with operations in the United States and Mexico and agreements to deploy kiosks in Soriana supermarkets across Mexico—expanding Xalles' fintech capabilities to serve underbanked consumers.
- Buyers
- Xalles Holdings Inc., Xalles Financial Services Inc.
- Targets
- CashXAI Inc.
- Industry
- Financial Services
- Location
- California, United States
- Transaction Type
- Buyout
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