TORONTO, ON — December 19, 2025 — Leads & Copy — Datametrex AI Limited has finalized its acquisition of the Yuzu payment processing solution from Firstpayment Inc., a Canadian fintech company. The acquisition, executed through Datametrex’s wholly-owned subsidiary, Paymetrex Payment Solutions Inc., includes related patents and intellectual property.
Paul Haber, CEO of Datametrex, stated that the acquisition marks a significant milestone in the company’s growth strategy and expansion into next-generation payment technologies. He added that Yuzu’s patented payment infrastructure and cryptocurrency capabilities complement Datametrex’s existing technology and position Paymetrex to capitalize on the growing demand for secure and innovative digital payment solutions. The company plans to integrate the platform into its operations and pursue merchant relationships to drive revenue growth.
Under the terms of the transaction, Datametrex acquired the Yuzu Payment Solution for $5.5 million, satisfied through the issuance of 55,000,000 common shares at $0.10 per share. The Consideration Shares are subject to a four-month hold period.
The proceeds from Datametrex’s previously announced private placement of subscription receipts have been released from escrow and will be used to integrate the Yuzu Payment Solution and pursue merchant opportunities.
Datametrex has not assumed any debt of Firstpayment, and the acquisition does not constitute a fundamental change or result in a change of business for the company, nor is it expected to result in a change of control of the company within the meaning of applicable securities laws and defined in the policies of the TSXV.
Michael Kron has been appointed to the Board of Directors of Datametrex and will also be appointed as Vice President of Paymetrex. Prior to the completion of the Transaction, Mr. Kron held 55,194 common shares of the Company. Upon completion of the Transaction Mr. Kron owns, directly and indirectly, and exercises control or direction over an aggregate of 18,531,997 common shares of the Company, representing approximately 12.15% of the issued and outstanding common shares of the Company.
Mr. Kron may acquire or dispose of common shares of the Company in the future through the open market or in private transactions. He will file an early warning report in accordance with applicable securities laws, which will be made available on SEDAR+ at www.sedarplus.ca.
Firstpayment is a Canadian fintech company providing payment processing solutions, including cryptocurrencies. Its technology is backed by a portfolio of ten patents in the payments space.
Datametrex is an innovative leader in Technology Solutions, Artificial Intelligence, and Healthcare.
Michael Kron can be contacted at 5930 Tommy Douglas, Montreal, Quebec H3X 4A6, telephone: 514-578-5007.
Paul Haber, C.P.A., C.A., C.Dir, CEO & Chairman, can be reached at info@datametrex.com or (416) 318-6501.
Source: Datametrex AI Limited
