Tag Archives: FIN

PR Newswire

Flash News: OKX Wallet Integrates with Side Protocol

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SINGAPORE, April 27, 2024 /PRNewswire/ — OKX, a leading Web3 technology company, today announced the integration of Side Protocol with the OKX Wallet. Side Protocol is a cross-chain middleware protocol designed to enable seamless communication and asset transfer between heterogeneous blockchains. Side Protocol aims to create a unified and interoperable blockchain ecosystem, breaking down the barriers between different networks.

With Side Protocol, OKX Wallet users can now effortlessly transfer assets across multiple blockchains, reducing friction and enhancing the overall user experience. This integration marks a significant step forward in promoting cross-chain interoperability and unlocking the true potential of a multi-chain future.

About OKX

A leading global technology company driving the future of Web3, OKX provides a comprehensive suite of products to meet the needs of beginners and experts alike, including:

  • OKX Wallet: The world’s most powerful, secure and versatile crypto wallet which gives users access to over 80 blockchains while allowing them to take custody of their own funds. The wallet includes MPC technology which allows users to easily recover access to their wallet independently, removing the need for traditional, ‘written down’ seed phrases. In addition, OKX Wallet’s account abstraction-powered Smart Account enables users to pay for transactions on multiple blockchains using USDC or USDT, and interact with multiple contracts via a single transaction.
  • DEX: A multi-chain, cross-chain decentralized exchange aggregator of 300+ other DEXs and approximately 15 bridges, with 200,000+ coins and more than 20 blockchains supported.
  • NFT Marketplace: A multi-chain, zero-fee NFT marketplace that gives users access to NFT listings across seven top-tier marketplaces including OpenSea, MagicEden, LooksRare and Blur.
  • Web3 DeFi: A powerful DeFi platform that supports earning and staking on about 70 protocols across more than 10 chains.

OKX partners with a number of the world’s top brands and athletes, including English Premier League champions Manchester City F.C., McLaren Formula 1, The Tribeca Festival, Olympian Scotty James, and F1 driver Daniel Ricciardo.

As a leader building innovative technology products, OKX believes in challenging the status quo. The company recently launched a global brand campaign entitled, The System Needs a Rewrite, which advocates for a new paradigm led by Web3 self-managed technology.

To learn more about OKX, download our app or visit:okx.com

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PR Newswire

Acer Commits to Collecting 50 Tons of Plastic Waste From the Environment Through Plastic Bank Partnership

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Editor’s Summary:

  • Acer partners with Plastic Bank for an Impact Program Partnership to collect 50 tons of ocean-bound plastic[1] in 2024 through its community of collectors in Southeast Asia
  • Through this effort, Acer and Plastic Bank will prevent the equivalent of 2.5 million plastic bottles[2] from entering the ocean, tackling the problem of plastic pollution at the source
  • The partnership also provides support to under-developed communities by allowing residents to collect plastic and trade it for income, goods, and services to support their livelihood

TAIPEI, April 22, 2024 /PRNewswire/ — Echoing this year’s Earth Day theme of “Planet vs Plastics”, Acer has partnered with Plastic Bank and has pledged to collect and recycle at least 50 tons of plastic waste from the environment in 2024. The Canada-based social enterprise focuses on tackling the growing issues of plastic pollution by building recycling ecosystems and creating livelihood opportunities in vulnerable coastal areas.

Acer’s Impact Program Partnership with Plastic Bank is projected to prevent the equivalent of more than 2.5 million plastic bottles[2] from entering the oceans through the efforts of collection members in Southeast Asia. Members bring their collected plastic to Plastic Bank collection branches in exchange for the local market price of the gathered material as well as bonuses that help provide additional income and access to social benefits, like meal vouchers, health insurance, and more.       

Acer’s collaboration with Plastic Bank supports the United Nations Sustainable Development Goals (SDGs) including SDG 1 for no poverty, SDG 8 for decent work and economic growth, SDG 12 for responsible consumption and production, SDG 14 for life below water, and SDG 17 for partnership for the goals.

Acer’s Environmental, Social, and Governance (ESG) goals also include adapting 20-30% Post-Consumer Recycled (PCR) plastic content in computers and displays by 2025 and working towards the goal of net-zero emissions by 2050. Acer has been making strides to incorporate PCR versions of the plastic types used in electronic consumer products with its eco-conscious Vero line, and has reinforced its commitment to carbon neutrality with the launch of its first carbon-neutral PC, the Acer Aspire Vero 16, which debuted in December 2023. Acer will continue to evolve with the industry and changing lifestyles by promoting innovative and eco-conscious solutions for the long-term sustainability of its operations and the environment.

About Acer

Founded in 1976, Acer is one of the world’s top ICT companies with a presence in more than 160 countries. As Acer evolves with the industry and changing lifestyles, it is focused on enabling a world where hardware, software and services will fuse with one another, creating ecosystems and opening up new possibilities for consumers and businesses alike. Acer’s 7,700 employees are dedicated to the research, design, marketing, sale, and support of products and solutions that break barriers between people and technology. Please visit www.acer.com for more information.

© 2024 Acer Inc. All rights reserved. Acer and the Acer logo are registered trademarks of Acer Inc. Other trademarks, registered trademarks, and/or service marks, indicated or otherwise, are the property of their respective owners. All offers subject to change without notice or obligation and may not be available through all sales channels. Prices listed are manufacturer suggested retail prices and may vary by location. Applicable sales tax extra.

PR Newswire

Aurionpro Solutions acquires Arya.ai, to power next generation Enterprise AI platforms for Financial Institutions

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SINGAPORE, April 22, 2024 /PRNewswire/ — Aurionpro Solutions Limited (BSE: 532668) (NSE: AURIONPRO) announces the acquisition of Banking and Insurance focused PaaS startup, Arya.ai. With Arya.ai, Aurionpro will enhance its portfolio of enterprise fintech offerings to expedite adoption of AI that is responsible, accurate, and auditable.

Deekshith Marla, Founder and CTO of Arya.ai, Vinay Kumar Sankarapu, Founder and CEO of Arya.ai, and Ashish Rai, CEO, Aurionpro Solutions
Deekshith Marla, Founder and CTO of Arya.ai, Vinay Kumar Sankarapu, Founder and CEO of Arya.ai, and Ashish Rai, CEO, Aurionpro Solutions

Aurionpro Solutions Ltd. will acquire a majority stake (67%) in Arya.ai. This acquisition will bring products and expertise in Artificial Intelligence, Deep Learning, Intelligent Automation, PaaS, Autonomous AI Platforms, and more, to complement and strengthen Aurionpro’s industry leading portfolio.

The transaction comprises acquisition of shares held by the existing shareholders and subscription of new equity capital in the company. This will be an all-cash deal. The aggregate investment including  secondary acquisition and fund infusion is approximately 16.5 MN USD.

By integrating Arya.ai’s cutting-edge AI cloud platform, with Aurionpro’s comprehensive suite of offerings, the company will create an industry leading Enterprise AI platform focused on creating value for financial institutions globally. 

Commenting on the acquisition, Ashish Rai, CEO of Aurionpro Solutions, stated, “The acquisition of Arya.ai marries Aurionpro’s portfolio of industry leading enterprise software with one of the most mature Enterprise AI platforms focused on Banks and Insurers. We are incredibly excited about working with Arya.ai and our wider ecosystem partners to build out the leading Enterprise AI platform, for the financial industry worldwide.”

“Our decade long experience in building tools/platform for deep learning helped us to build a truly verticalized AI Operating System for Banking and Insurance.” Says Vinay Kumar CEO/Founder of Arya.ai. “Together with Aurionpro, we are going to build a new generation of Enterprise AI software for Banks and Insurers that truly embeds AI, augmenting a task or Autonomous Agents that can take over entire transactions”. 

Founded in 2013 by Vinay Kumar and Deekshith Marla, Arya.ai has been one of the first ‘AI’ startups to use Deep Learning and deploy in enterprises. Arya.ai’s BFSI PaaS offerings include Arya API with 80+ ML models, Libra for fine-tuning SOTA ML models, and AryaXAI for AI governance.

PR Newswire

Kia presents roadmap to lead global electrification era through EVs, HEVs and PBVs

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  • Kia drives forward transformation into ‘Sustainable Mobility Solutions Provider’
  • Roadmap enables Kia to proactively respond to uncertainties in mobility industry landscape, including changes in EV market
  • Company to expand EV line-up with more models; enhance HEV line-up to manage fluctuation in EV demand
    • Goal to sell 1.6 million EVs annually in 2030, introducing 15 models
    • PBV to play a key role in Kia’s growth, targeting 250,000 PBV sales annually by 2030 with PV5 and PV7 models
  • Kia to invest KRW 38 trillion by 2028, including KRW 15 trillion for future business
  • 2024 business guidance : KRW 101 tln in revenue with KRW 12 tln in operating profit; operating profit margin of 11.9% on sales of 3.2 million units globally
  • CEO reaffirms Kia’s commitment to ESG management

SEOUL, South Korea, April 5, 2024 /PRNewswire/ — Kia Corporation (Kia) today shared an update on its future strategies and financial targets at its CEO Investor Day in Seoul, Korea.

2024 CEO Investor Day
2024 CEO Investor Day

Based on its innovative achievements in the years since the announcement of mid-to-long-term business initiatives, Kia is focusing on updating its 2030 strategy announced last year and further strengthening its business strategy in response to uncertainties across the global mobility industry landscape.

During the event, Kia updated its mid-to-long-term business strategy with a focus on electrification, and its PBV business. Kia reiterated its 2030 annual sales target of 4.3 million units, including 1.6 million units of electric vehicles (EVs). The 2030 4.3 million annual sales target is 34.4 percent higher than the brand’s 2024 annual goal of 3.2 million units.

The company also plans to become a leading EV brand by selling a higher percentage of electrified models among its total sales, including hybrid electric vehicles (HEV), plug-in hybrid (PHEV), and battery EVs, projecting electrified model sales of 2.48 million units annually or 58 percent of Kia’s total sales in 2030.

“Following our successful brand relaunch in 2021, Kia is enhancing its global business strategy to further the establishment of an innovative EV line-up and accelerate the company’s transition to a sustainable mobility solutions provider,” said Ho Sung Song, President and CEO of Kia. “By responding effectively to changes in the mobility market and efficiently implementing mid-to-long-term strategies, Kia is strengthening its brand commitment to the wellbeing of customers, communities, the global society, and the environment.”

PR Newswire

LexisNexis Risk Solutions Wins Best KYC Data Solution at RegTech Insight APAC Awards 2024

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HONG KONG, March 28, 2024 /PRNewswire/ — LexisNexis® Risk Solutions has won the award for Best KYC Data Solution at the RegTech Insight APAC Awards 2024. The award acknowledges the company’s outstanding contribution in the field of Know Your Customer (KYC) data solutions.

LexisNexis® Firco™ Compliance Link provides a comprehensive end-to-end screening solution that enhances the efficiency and accuracy of KYC procedures by centralizing account, transaction and shipment screening to streamline and optimize financial crime compliance operations. The solution simplifies processes, reduces manual efforts and ensures adherence to intricate regulatory requirements.

“We are proud to receive the Best KYC Data Solution award at the RegTech Insight APAC Awards 2024,” said Ramanathan Sivabalan, director of financial crime compliance and payments at LexisNexis Risk Solutions. “This recognition underscores our steadfast commitment to delivering cutting-edge solutions that help organizations navigate financial crime compliance challenges. We will continue to work hard for our clients to continuously innovate screening processes so they can mitigate risks, enhance operational efficiency and uphold regulatory compliance standards.”

The RegTech Insight APAC Awards are renowned for spotlighting technology providers that make significant contributions to the advancement of regulatory technology in the Asia-Pacific region. The Best KYC Data Solution award highlights the progress made by LexisNexis Risk Solutions in delivering products and services that foster innovation and excellence in the regulatory technology space.

“These awards celebrate providers of leading RegTech solutions, services and consultancy across Asia Pacific,” said Angela Wilbraham, CEO at A-Team Group, who hosted of the second annual RegTech Insight Awards APAC 2024. “The winners were selected by A-Team Group’s RegTech Insight community and demonstrate exceptional creativity in building solutions that solve regulatory challenges. Our congratulations go to LexisNexis Risk Solutions for winning Best KYC Data Solution.”

About LexisNexis Risk Solutions
LexisNexis® Risk Solutions harnesses the power of data, sophisticated analytics platforms and technology solutions to provide insights that help businesses across multiple industries and governmental entities reduce risk and improve decisions to benefit people around the globe. Headquartered in metro Atlanta, Georgia, we have offices throughout the world and are part of RELX (LSE: REL/NYSE: RELX), a global provider of information-based analytics and decision tools for professional and business customers. For more information, please visit LexisNexis Risk Solutions and RELX.

Media Contact:
Joyce Lee 
+852 9883 9321 
joyce@montiethsprg.com.hk 

 Sophia Kong
+852 9206 4411
sophia@montiethsprg.com.hk 

PR Newswire

Viomi Technology Co., Ltd Launched a Series of New Products and Showcased at the Appliances and Electronic World Expo in Shanghai

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GUANGZHOU, China, March 15, 2024 /PRNewswire/ — Viomi Technology Co., Ltd (“Viomi” or the “Company”) (NASDAQ: VIOT), a leading IoT@Home technology company in China, recently held the Company’s Spring New Home Water Solution Product and AIoT@Home Solution Product Launch Events. The series of new products was unveiled at the China Home Appliance and Consumer Electronics Expo (AWE) in Shanghai from March 14 to March 17.


Kunlun, the new Viomi AI mineral water purifier released this time, carefully selects high-quality mineral sources and utilizes advanced techniques for intelligent system adjustments based on water temperature, flow, flow rate, and water pressure, ensuring a steady and durable release of mineral elements. The water filtered by Kunlun contains six beneficial minerals, including strontium (Sr2+) and metasilicic acid (H2SiO3), similar to natural mineral water. Notably, the Sr2+ content ranges from 0.4-1.4mg/L, surpassing the national standard of 0.2mg/L by two-fold. This innovation enables health-conscious individuals and families with infants and young children to continuously replenish beneficial minerals, ushering in a new era of healthier water purification.

Mr. Xiaoping Chen, Founder and CEO of Viomi, commented: “We have been participating in the field of water purification for nearly a decade, leading the industry with 2000G ultra-large flux as well as ten years of long-lasting RO filter, cumulatively applied for over 1,300 related patents, and possessing the industry’s most extensive manufacturing and R&D facilities. Going forward, we will further deepen our investment in the water purification industry chain, bringing more comprehensive residential water solutions to more families.”

Regarding our AIoT@Home business, we launched Alpha X, a cardiorespiratory detection radar equipped with millimeter-wave radar technology. This product adhered to the principle of ‘AI: Helpful’ and concentrated on monitoring and safeguarding family health. Equipped with our 60GHz millimeter-wave radar AI module, Alpha X is capable of scanning across an ultra-wideband frequency range. This, combined with the ability of AI deep learning algorithms, enables Alpha X to be contactless, detect heart/thorax micro-movement frequency in real-time, and recognize anomalies, thus solving the many inconveniences and difficulties older people face at home. We also introduced Super 3, the Viomi all-space AI air-conditioner 2.0, which intelligently adjusts the ambient temperature according to different sleep stages, providing enhanced comfort and helping to improve users’ sleep quality. Meanwhile, as the demand for improved living increases throughout the housing market, we have further upgraded our one-stop IoT@Home solution with the launch of our multimillion-dollar Space series, which provides consumers with a stylish, customized, and more intelligent product experience.

“During the AWE fair, our new products received widespread praise from the public. After tasting the mineral water purified from our new water purifier, Kunlun, the audiences were amazed at its outstanding taste. The real-time water quality feedback and the accurate display of filtration status offer a reassuring experience for the audience through technology. In Alpha X’s on-site experience area and our AIoT@Home full-scene immersive space, audiences truly experienced the application of AI technology in the living environment, realized that technology not only provides a more convenient and intelligent user experience but also emphasizes the long-term companionship of health, eco-friendliness, and home security. We currently boast two major business segments, AI Water and AIoT@Home, enabling synergistic development. We will continue to advocate a healthy and ‘AI: Helpful’ life philosophy to provide users with more abundant ‘healthy water’ solutions and more caring and intelligent AIoT@Home solutions,” Mr. Chen concluded.

About Viomi Technology

Viomi’s mission is to redefine the future home via the concept of IoT @ Home.

Viomi has developed a unique IoT @ Home platform consisting of an ecosystem of innovative IoT-enabled smart home products, together with a suite of complementary consumable products and value-added businesses. This platform provides an attractive entry point into the consumer home, enabling consumers to intelligently interact with a broad portfolio of IoT products in an intuitive and human-like manner to make daily life more convenient, efficient, and enjoyable, while allowing Viomi to grow its household user base and capture various additional scenario-driven consumption events in the home environment.

For more information, please visit: http://ir.viomi.com.

For investor and media inquiries, please contact:

In China:

Viomi Technology Co., Ltd
Claire Ji
E-mail: ir@viomi.com.cn 

Piacente Financial Communications
Hui Fan
Tel: +86-10-6508-0677
E-mail: viomi@tpg-ir.com 

In the United States:

Piacente Financial Communications
Brandi Piacente
Tel: +1-212-481-2050
E-mail: viomi@tpg-ir.com 

PR Newswire

bolttech solidifies Japan presence, partners with Back Market

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The launch of the strategic partnership builds on bolttech’s growth momentum in the Japan market

TOKYO, March 14, 2024 /PRNewswire/ — International insurtech bolttech today announces its partnership in Japan with leading refurbished device marketplace, Back Market. The partnership, which marks one of bolttech’s first commercial launches in the country, will deliver embedded device protection to Back Market’s customers through a seamless online experience.

The jointly created device protection service ‘Back Up’ will provide Back Market’s customers with complimentary data recovery service for damaged phones and dedicated repair, ensuring minimal disruptions to their digital lives and an enhanced user experience. ‘Back Up’ offers comprehensive protection plans covering everyday risks such as breakage, corrosion, and liquid damage to extend the life of customers’ refurbished devices, with concierge services via a one-stop contact centre for added convenience. In turn, the repair services keep devices in circulation and out of landfills for a longer period.

Thibaud Hug de Larauze, Chief Executive Officer, Back Market said, “We set up a dedicated local team in Japan last year when we noticed a growing interest in refurbished smartphones in Asia Pacific, with customers keen to explore the benefits of the circular economy and creative ways to extend the lifespan of their devices. We’re excited to build on this partnership and celebrate the launch of ‘Back Up’ with bolttech in Japan. We hope this gives customers even greater peace of mind that their devices can be further protected against unwanted damage.”

Philip Weiner, Chief Commercial Officer, Asia and Europe, bolttech said, “As one of the leading insurance markets in the world, it’s exciting to see a growth in demand for insurtech solutions as customers in Japan seek more ways to protect the things they value. Back Market is an important partner for bolttech, and we couldn’t be more thrilled to celebrate this launch milestone with them.”

Headquartered in Singapore, bolttech is one of the leading embedded insurance and protection ecosystems globally, connecting 700 distribution partners and 230 insurance providers with millions of customers worldwide. bolttech’s first commercial launch in Japan follows its Series B fundraise last year, with lead investor Tokio Marine, Japan’s first insurance company with a 140-year history. The US$246 million funding round is the largest ever Series B for an insurtech.

PR Newswire

Fueled by Growth, Global Fintech Adyen Doubles Down on North American Presence With New 150,000-Square-Foot Office in Downtown San Francisco

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SAN FRANCISCO, March 14, 2024 /PRNewswire/ — Adyen, the global financial technology platform of choice for leading businesses, has signed a new sublease to a 150,000-square-foot office building at 505 Brannan Street. The lease will extend through December 2032, subject to all appropriate regulatory approvals, and Adyen’s offices will span all six floors of the building.

This new office will provide a vibrant commercial and tech hub for the company’s San Francisco team of more than 300 employees. The space is thoughtfully designed to foster collaboration, innovation, and a positive work environment. It is also strategically located in close proximity to many of Adyen’s North American clients that are also based in San Francisco.

“We’re proud to expand our footprint in San Francisco as a dedicated member of the local business community,” said Davi Strazza, president of North America, Adyen. “We’ve been investing in North America for over a decade, and this lease represents our future ambitions and growth in the market. We’re honored to work with so many leading U.S. companies, including McDonald’s, Microsoft, Uber and Etsy, and look forward to bringing our best-in-class fintech platform to even more organizations.”

San Francisco serves as Adyen’s North American headquarters, and the company has significant presences in Chicago, New York and Toronto. As reported in Adyen’s latest half-year results, North America was the company’s fastest growing region, with net revenues up 27% year on year.

Adyen opened its first San Francisco office in 2012 with a diverse, international team and has continued to steadily increase its presence ever since. Recently, Adyen was named as one of Built In’s Best Places to Work in San Francisco.

About Adyen

Adyen (AMS: ADYEN) is the financial technology platform of choice for leading companies. By providing end-to-end payments capabilities, data-driven insights, and financial products in a single global solution, Adyen helps businesses achieve their ambitions faster. With offices around the world, Adyen works with the likes of Meta, Uber, H&M, eBay, and Microsoft. For more information, visit Adyen.com.

PR Newswire

MoEngage Debuts in the Real-Time Interaction Management Report by Independent Research Firm

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SAN FRANCISCO, March 13, 2024 /PRNewswire/ — MoEngage, the insights-led customer engagement platform, has debuted in The Forrester Wave™: Real-Time Interaction Management, Q1 2024 report under the “Contenders” category.

MoEngage has received top scores across the digital marketing and experience personalization criteria. MoEngage’s reference customers complimented its local on-the-ground support and its ability to integrate into their existing ecosystems. One customer also spoke about the support teams always being available during testing times.

“We are thrilled to make this debut as we are the youngest player in this space. Our founding principle at MoEngage was the understanding that consumer brands want to understand their customers and engage with them in real-time. However, they are hindered by legacy tools that focus on campaigns rather than the end consumer’s preferences.

Over time, our hypothesis has been proven correct. Last year, we successfully onboarded a record number of customers from outdated marketing clouds, including brands migrating from our largest competitor. This validates our belief that major consumer brands seek to upgrade their outdated marketing technology systems, which have become unnecessarily complex, frustrating to use, expensive, and resource-intensive. Over 1200 global brands from 60+ countries have chosen MoEngage due to our comprehensive product offerings, innovation, user-friendly interface, and ability to handle the complexities, security, scalability, and migration processes associated with enterprise-level operations,” said Raviteja Dodda, CEO and Co-founder of MoEngage.

Last year, MoEngage made significant investments to strengthen its personalization suite and bridge the gap between businesses and consumers. The company developed products to ensure enterprise brands could access the latest channels and capabilities, including generative AI from a single platform. This has helped MoEngage’s enterprise customers simplify the tech stack and eliminate the need to switch platforms while lowering the total cost of ownership. 

The Forrester WaveTM highlights Leaders, Strong Performers, Contenders, and Challengers. In its 30-criterion evaluation of real-time interaction management vendors, Forrester has identified the most significant ones and researched, analyzed, and scored them as part of this report. Forrester recommends brands look for providers that maximize cross-functional CX investments, facilitate the adoption of responsible AI, and help align customer outcomes with business goals. You can access the full report here.

About MoEngage

MoEngage is an insights-led customer engagement platform trusted by over 1,200 global consumer brands such as Ally Financial, McAfee, Flipkart, Domino’s, Nestle, Deutsche Telekom, Travelodge, and more. MoEngage empowers marketers and product owners with insights into customer behavior and the ability to act on those insights to engage customers across the web, mobile, email, social, and messaging channels. Consumer brands across 60 countries use MoEngage to craft personalized experiences in real-time for over 1.6 billion customers every month. With offices in 13 countries, MoEngage is backed by Goldman Sachs Asset Management, B Capital, Steadview Capital, Multiples Private Equity, Eight Roads, F-Prime Capital, Matrix Partners, Ventureast, and Helion Ventures.

To learn more, visit www.moengage.com.

PR Newswire

Privy Appoints New Country Lead and Charts Course for Better Digital Trust Solutions in Australia

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  • Privy extends its reach to Australia, introducing solutions that authenticate agreements, people and businesses to build digital trust.
  • Launch to coincide with Australia’s increase in government spending and expansion of digital ID regulation
  • Privy’s growth plans are bolstered by a recent US$48 million investment, led by leading global investment firm, KKR.

SYDNEY, March 12, 2024 /PRNewswire/ — Privy, a leading digital trust solution provider with a user base exceeding 42 million, has today announced the appointment of Rob Hotchin as its local Country Manager, following the recent launch of its Australia office. Rob’s appointment marks the next phase of the business’s growth, following a USD$48 million investment, led by global investment firm, KKR. 

Rob Hotchin Country Manager for Privy Australia
Rob Hotchin Country Manager for Privy Australia

Leveraging his extensive experience and network, Rob will lead Privy’s expansion into the Australian landscape, aiming to launch its digital trust solution to market by H2 2024, while aligning with Australia’s expansion of its regulated digital ID framework.

Rob is a seasoned go-to-market leader with over 15 years of experience, who previously contributed to the growth of global identity solution provider, OKTA.

His appointment, as well as the growth of his team in a Sydney-based office, underscores Privy’s dedication to producing a tailored product that meets the unique needs of Australian individuals and businesses.

Rob Hotchin, Country Manager, Privy Australia, said, “Privy is set to redefine digital trust and help Australians regain control of their most authentic asset, their identity.”

“Currently, Australians are forced to give up their identity and personal data – whether that is to check into a hotel, lease a property, or myriad other reasons – and blindly trust that it will be kept safe. With the advent of seemingly never-ending cyber breaches, and leaking of personal information onto the dark web, Australians should be able to demand more. Now they can, knowing that Privy has solved these challenges before and will look to solve them again in Australia.”

Marshall Pribadi, Co-Founder and CEO of Privy welcomes Rob’s appointment, noting that it marks the critical next step in the business’s international growth plans. “Rob has the skills and ability to build expansive and genuine relationships in Australia, and to support our vision of becoming a global leader in the field of electronic identification and authorisation services.” 

“Over the past eight years, Privy has developed its expertise in shaping and improving the digital identity landscape and engaging with the likes of governments, banks and other financial institutions. Now, Privy aims to contribute its expertise to the Australian market.”

Privy is currently ISO 27001 and ISO 277701 certified.

About Privy

Privy is a fully verified digital identity provider, born in one of the toughest authentication markets in the world. Trusted globally, we serve over 3,000 clients with 45 million onboarded users. Privy aims to redefine digital trust for today and the future with user-centric solutions that seamlessly verify authenticity across agreements, people and business. With Privy, electronic signatures and verification are offered in one unified platform for enhanced security, convenience, and peace of mind.

In July 2023, Indonesian Minister of Trade inaugurated Privy’s first international office in Sydney, Australia.

Privy Australia welcomes discussions, collaborations, and knowledge-sharing on mitigating cybersecurity risks, securing user data, and building digital trust in Australia. For more information on Privy, visit www.privy.com.au or email info@privy.com.au.