MELBOURNE, Australia--(BUSINESS WIRE)--Aurum, Inc (“Aurum”) (OTCBB:AURM) is pleased to announce that it has entered into an agreement with an Israeli company PayItSimple Ltd and its subsidiaries (PayItSimple) whereby Aurum will invest $15 million directly into PayItSimple by September 5, 2016 (in instalments) to acquire a 30% interest in PayItSimple and a further $7.5 million directly into PayItSimple over 18 months to acquire a further 10% interest in PayItSimple, taking its holding to 40% of
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