Monaker group receives formal approval to acquire 57.6% stake in international financial enterprise bank, planning fintech solutions for ecommerce and digital media platforms

Sunrise, fl & san juan, pr, june 14, 2021 (globe newswire) -- via newmediawire – monaker group (nasdaq: mkgi) (the “company”), a technology solutions company building a digital business ecosystem for digital advertisers, consumers, video gamers and travelers, reported today that it has received the required formal regulatory approval from the office of the commissioner of financial institutions of puerto rico (ocif) to proceed with its previously announced acquisition of 57.6 percent of international financial enterprise bank (ifeb), a global financial institution headquartered in san juan, puerto rico.
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