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Gunpowder Capital unit acquires financing solutions portal Alpha Invoice

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Gunpowder Capital unit acquires financing solutions portal Alpha Invoice

Gunpowder Capital Corp. unit GP Financial Services Corp. has acquired Alpha Invoice Inc. for C$5,000, according to an Oct. 10 news release.

Alpha is an online portal providing short-term financing solutions to businesses by factoring invoices. The company had unaudited revenues of approximately C$300,000 in 2017.