FCT firstwave cloud technology limited
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News: FCT Firstwave Cloud Technology Says Co Has No Exposure To Silicon Valley Bank

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    17/03/23
    18:15
    Post #: 66830518

    March 17 (Reuters) - Firstwave Cloud Technology Ltd (FCT) :

    • FIRSTWAVE NO EXPOSURE TO SILICON VALLEY BANK
    • FIRSTWAVE IS A SVB CLIENT AND UTLISED A SVB ACCOUNT
    • HAD RECEIVED A MATERIAL LEVEL OF FUNDS FROM CLIENTS TO SVB ACCOUNT IN LAST 30 DAYS
    • ALREADY HAD ALTERNATIVE PAYMENT RECEIPT AND PAYMENT PROCESSING SYSTEMS FOR U.S. MARKET WHICH ARE NOW IN OPERATION
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