---
title: "IQSTEL Inc. acquires 51% of fintech company GlobeTopper, fast-tracking $1 billion growth plan. Expanding global presence."
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/242448971.md"
description: "On May 29, 2025, IQSTEL Inc., a prominent multinational telecommunications and technology company listed on NASDAQ under the symbol IQST, revealed that it has secured a definitive agreement to purchase a majority stake of 51% in GlobeTopper, an innovative fintech company operating through GlobeTopper.com. This acquisition marks a significant move for IQSTEL Inc. as it continues its rapid expansion in the telecommunications and emerging technology sectors."
datetime: "2025-05-29T17:26:57.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/242448971.md)
  - [en](https://longbridge.com/en/news/242448971.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/242448971.md)
---

# IQSTEL Inc. acquires 51% of fintech company GlobeTopper, fast-tracking $1 billion growth plan. Expanding global presence.

On May 29, 2025, IQSTEL Inc., a prominent multinational telecommunications and technology company listed on NASDAQ under the symbol IQST, revealed that it has secured a definitive agreement to purchase a majority stake of 51% in GlobeTopper, an innovative fintech company operating through GlobeTopper.com. This acquisition marks a significant move for IQSTEL Inc. as it continues its rapid expansion in the telecommunications and emerging technology sectors.

### Related Stocks

- [IQST.US](https://longbridge.com/en/quote/IQST.US.md)
- [IQSTD.US](https://longbridge.com/en/quote/IQSTD.US.md)

## Related News & Research

- [Iqstel files preliminary information statement draft on Nasdaq-related share issuance approvals](https://longbridge.com/en/news/292355263.md)
- [Iqstel launches internal corporate realignment to streamline structure](https://longbridge.com/en/news/292356931.md)
- [iQSTEL to Acquire Majority Stake in ULTRANET Telecom](https://longbridge.com/en/news/290874396.md)
- [IQSTEL signs binding MOU to buy 51% stake in Ultranet Telecom Group](https://longbridge.com/en/news/290827362.md)
- [Iqstel Q2 FY26 net loss widens to $2.41 million; revenue rises 51.1% to $109.07 million vs year-ago quarter](https://longbridge.com/en/news/296264359.md)