2022-08-02 | TSX:GIVX | Press release

After nearly 30 months of working from home, the global fintech company has officially launched a new workplace policy that allows its more than 310 employees across its 12 offices to work from home or in the office.

TORONTO , August 2, 2022 /PRNewswire/ – Givex Information Technology Group Ltd. (“Givex”) (TSX: GIVX) today announced its global remote work policy. With over 310 employees across 12 offices in 10 countries, this announcement marks a major milestone for the Torontobased company.

“It has been almost 30 months since our teams left our offices and started working from home in March 2020,” said Don Gray, CEO of Givex. “During this time, we have proven that Givex can thrive in a remote work environment. The Givex leadership team has made the decision to offer a full-time work-from-home policy to meet the needs of our employees. productive and hardworking people across the globe, while providing the ability to work in the office for those who want it.”

Since March 2020Givex achieved significant business milestones while working remotely, including increasing annual revenue by more than 50%, maintaining positive cash flow and completing three acquisitions (way of fidelity, Kalex and Pi Cash System), go public on the TSX in Canada and OTC in the United States and created the Givex Hub in Brazil, which now enables millions of consumer transactions. Givex has also added GivexPay and Merchant of Record to its services profile, added two data centers, made significant improvements to its GivexPOS system, and is in the process of installing over 1,500 new locations. The number of merchants using at least one Givex service has grown to over 115,000 active sites worldwide.

“We are incredibly proud of our ability to quickly transition to a remote work environment while increasing the size and scope of our team and not losing any important customers,” Gray said. “Additionally, we made several quick but thoughtful decisions about our internal systems to improve our communication and stay tightly connected across our 12 offices.”

Givex employees will be invited to attend two in-office team meetings per month for problem-solving, idea-sharing and collaboration (with social distancing recommendations followed closely), as well as events quarterly.

“The Givex team has done a fantastic job over the past two and a half years,” said Gray. “Going forward, we will continue to make major advancements in our technology while focusing on recruiting and retaining employees.”

For more information about Givex and currently available positions, please visit https://careers.givex.com/.

About Givex

Givex (TSX: GIVX) (OTCQX: GIVXF) is a global financial technology company that provides merchants with customer engagement, point-of-sale and payment solutions, all on one platform. We are integrated with over 1000 technology partners, creating a complete end-to-end solution that delivers powerful customer insights. Our platform is used by some of the biggest global brands, including around 100,000+ active sites in over 100 countries. Learn more about www.givex.com.

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