Migom Global Corp.
MGOM
Other OTC10.00
USD
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Migom Global Corp.
MGOM
(Other OTC)
Recent
price
10.00
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
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in mil. unless spec.- Similar Companies
- Business
- Migom Global Corp. (OTC: MGOM) operates as a financial services holding company focused on building synergistic ventures in international banking, securities brokerage, electronic money distribution, digital assets origination, and market making. Through its wholly owned subsidiary Migom Bank Ltd., headquartered in Dominica, the company provides a comprehensive suite of general and private banking services including global money transfers, account security and data protection, full e-banking tools via online platforms and mobile applications, retail deposit and inter-banking services, lending, leasing, investment services, credit and debit cards, travelers cheques, bankers drafts, guarantees, commitment facilities, credit references, custody of securities, foreign exchange and precious metals dealing, investment banking, corporate finance, and electronic money and payment services; it also offers unique cryptocurrency-related features such as crypto-to-fiat and fiat-to-crypto over-the-counter trading, secure custody, instant execution with unlimited liquidity, and seamless integration with traditional banking for account holders. Migom Global Corp., founded in 2016 as Alfacourse Inc. and renamed in 2019, maintains its principal executive offices in New York, USA, and targets small- to medium-sized businesses, entrepreneurs, and individuals in emerging markets worldwide through a network of regulated financial institutions. In 2020, the company completed the acquisition of Migom Bank Ltd. for approximately $1.1 million in stock and Central Rich Trading Ltd. for $0.16 million, establishing its core banking operations and ceasing shell company status; it launched MigomPay, a private closed-loop QR code payment system, in 2021 to expand into merchant services and e-commerce segments.