Azerbaijani company postpones holding IPO again

ICT Materials 8 November 2017 17:22 (UTC +04:00)

Baku, Azerbaijan, Nov. 8

By Huseyn Valiyev – Trend:

Azerbaijan’s payment system Goldenpay postponed the holding of an initial public offering (IPO) for some reason for an indefinite period, Goldenpay company told Trend Nov. 8.

Earlier, the company said that one of the issues being considered is to whether hold an IPO in Azerbaijan or outside the country.

Goldenpay was established in 2007. It is possible to pay for services via Goldenpay system by using Visa and MasterCard. The company also has its own online services portal, at hesab.az.