Yiren Digital Reports First Quarter 2020 Financial Results

BEIJING, June 24, 2020 — Yiren Digital Ltd. (NYSE: YRD) ("Yiren Digital" or the "Company"), a leading fintech company in China, today announced its unaudited financial results for the first quarter ended March 31, 2020. First Quarter 2020 Operational Highlights Wealth Management—Yiren Wealth Cumulative number of investors served…

Acronis and Minterest Jointly Launch Acronis #CyberFit Financing in Singapore to Help Businesses Combat COVID-19 Disruptions

SINGAPORE, June 22, 2020 — Acronis, a global leader in cyber protection, and Minterest, a leading Singapore-based online financial services solutions provider, have joined forces to launch Acronis #CyberFit Financing, Powered by Minterest to provide Singapore-based businesses with financing support to remain resilient and #CyberFit with the COVID-19 pandemic. Acronis #CyberFit Funding platform…

58.com Inc. to Report First Quarter 2020 Financial Results on June 26, 2020

BEIJING, June 19, 2020 — 58.com Inc. (NYSE: WUBA) ("58.com" or the "Company"), China’s largest online market place for classifieds, today announced that it plans to release its unaudited financial results for the first quarter ended March 31, 2020 before the open of U.S. markets on Friday, June 26, 2020. About 58.com Inc….

LightInTheBox Reports First Quarter 2020 Financial Results

BEIJING, June 19, 2020 — LightInTheBox Holding Co., Ltd. (NYSE: LITB) ("LightInTheBox" or the "Company"), a cross-border e-commerce platform that delivers products directly to consumers around the world, today announced its unaudited financial results for the first quarter ended March 31, 2020. First Quarter 2020 Highlights Total revenues increased 1.3% year-over-year to…

Swiss Re Corporate Solutions announces collaboration with LocalTapiola to deliver International Programme Administration (IPA) platform and Network Services

The IPA platform allows LocalTapiola to manage structured and compliant international programmes LocalTapiola will gain access to Swiss Re Corporate Solutions’ network of over 150 local offices and network partners Property customers of LocalTapiola to benefit from ONE Form, a globally standardised property policy Collaboration supports LocalTapiola’s…

Crypto.com Completes Key Exchange Infrastructure Upgrades

Delivers 10x performance with the new Matching Engine, paving the way for margin and derivative features rollout HONG KONG, June 18, 2020 — Crypto.com today announced it has rolled out significant infrastructure upgrades to its Exchange, including a revamped Matching Engine, OMS (Order…

OMC Group Ready to Roll with Blockchain Solutions

PETALING JAYA, Malaysia, June 18, 2020 /PRNewswire/ — OMC Group Sdn Bhd ("OMC Group" or "Company"), the blockchain arm of AIO Synergy Holdings Berhad ("AIO Synergy"), is set to offer more blockchain solutions to businesses, government and the community to help them operate in a world that is increasingly going digital.

OMC Group offers solutions through the Company’s own patented decentralised ledger technology ("DLT") known as Authorised Proof of Capacity ("APoC"), which is the consensus mechanism used to run the OMChain for trust and verification purposes.

Jack Lee, CEO of OMC Group
Jack Lee, CEO of OMC Group

Jack Lee, CEO of the company said: "We are in the midst of witnessing how technology has evolved and how businesses are conducted differently from the way it was. The move to doing business digitally paves the way for the business we are in as blockchain strongly encourages transparency and immutability."

"We are offering our blockchain solutions to serve merchants, which includes a decentralised ledger that is secure, trustworthy and transparent together with a community and ecosystem that we support through our hybrid Point of Sales ("POS") devices that includes a mining feature rewarding users with points that can be used for transactions".

The second version of OMC Group’s hybrid POS device together with hot wallet was launched in Malaysia in the second quarter of 2020 ("Q2 2020") following sales of the devices in China in Q3 2019. The devices are now available in 11 countries in East and Southeast Asia. In total, over 29,000 POS devices have been sold together with the hot wallet.

In the pipeline is the launch of the Asia Blockchain Centre in Q3 2020, a hub supporting blockchain startups through education, providing solutions for businesses, government and the community as well as offering solutions on the applications of blockchain technology. A debit card will be launched in Q4 2020 while a series of awareness campaigns on blockchain will be held.

The OMC ecosystem comprises OmniChat, a text/video/picture messaging platform that has 20 million users worldwide; Omnipay, a peer-to-peer payment network with third-party payment license in China as well as more than 10,000 merchants on-boarded and; Omnity, a smart community management application that can securely store customer information and collect management fees with more than 48,000 daily active users.

The Company’s long-term plans include obtaining a license in Malaysia to operate financial services in 2021 including cross-border payment services and offering its own patented DLT technology, APoC.

Media Contact:
Stefani Wan
[email protected]  

Photo – https://photos.prnasia.com/prnh/20200618/2834771-1?lang=0
Logo – https://photos.prnasia.com/prnh/20200618/2834771-1LOGO?lang=0

Related Links :

https://omc-group.co/

MACROKIOSK and Silverlake Collaborate to Advance the Future of Banking

The synergistic collaboration will yield future-ready solutions to accelerate the banking industry of tomorrow

KUALA LUMPUR, Malaysia, June 18, 2020 /PRNewswire/ — MACROKIOSK and Silverlake join forces to empower the emerging digital banking industry in the Asia Pacific region. This collaboration brings together the proven robust digital solutions and respective capabilities of MACROKIOSK and Silverlake to support virtual banks in the evolving banking industry landscape.

Dato' Henry Goh, Co-Founder and Chief Operating Officer, MACROKIOSK Group
Dato’ Henry Goh, Co-Founder and Chief Operating Officer, MACROKIOSK Group

With increasing digital transformation across the banking sector, the arrival of digital banking in the region is certain. As digital banking is set to disrupt traditional banking practices and cater to underserved markets, advanced technology becomes more crucial than ever in driving the success of digital banking in emerging economies. The partnership between MACROKIOSK and Silverlake will play a vital role in pioneering connectivity and facilitating virtual banks with their digital offerings.

As Asia’s leading digital technology company, MACROKIOSK’s key focus is in the areas of Communication, Authentication, Engagement and Payment delivered through its in-house developed BOLD. suite of digital solutions which are scalable, secure and highly adaptable.

"MACROKIOSK powers over 40 financial institutions in 14 countries across Asia Pacific. Our BOLD. solutions are future-ready to meet the demands of virtual banks and together with Silverlake, we are confident we will provide meaningful access, efficiency and convenience for digital banking consumers," says Dato’ Henry Goh, Co-Founder and Chief Operating Officer, MACROKIOSK Group.

With award-winning financial institutions as its clients and a vision of ‘mobility beyond imagination’, Silverlake has left a rather large footprint for digital banking and enterprise mobility in the Asia Pacific region. Moving forward, Silverlake intends to continue developing digital solutions and improve its customer experience models to simplify banking for individuals and organisations alike. Alongside with MACROKIOSK, it recognises the significance of digital banking. "Our focus is to drive innovation in financial institutions in Asia Pacific countries through various digital financial services," says Mr. Joseph Yeong, Co-Founder and Executive Director, Silverlake Mobility Ecosystem.

The collaboration between MACROKIOSK and Silverlake is poised to create a strong partner ecosystem across technologies in their respective areas of expertise, which enable virtual banks to leverage advanced solutions to stay ahead of competition and expand their foothold in the digital banking landscape.

ABOUT MACROKIOSK

MACROKIOSK is Asia’s leading digital technology company with a strong global presence. Since 2000, MACROKIOSK has been at the forefront of helping individuals and businesses embrace the digital economy through the delivery of Digitalisation Platform-as-a-Service (DPaaS) solutions.

To date, more than 3000 businesses in 37 countries spanning 24 industries and millions of users experience MACROKIOSK’s scalable, secure and highly-adaptable digital solutions developed in-house. MACROKIOSK is certified to international standards including the Microsoft.NET, PMP certification and ISO27001 ISMS.

For more information, please visit www.macrokiosk.com.

ABOUT SILVERLAKE

Silverlake is a leading Technology Innovations, Banking, Financial and Cyber Security solutions provider in the Asia Pacific region with a global presence. Executing parallel efforts in pursuing technology innovations as well as keeping its more than 30 years of deploying core banking to customer sites at 100% success rate is paramount to the company’s strategy.

For more information, please visit www.silverlakemobility.com.

MEDIA CONTACT

MACROKIOSK Press Office
[email protected]

Silverlake
[email protected] 
[email protected]

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Related Links :

http://www.macrokiosk.com

Yiren Digital to Report First Quarter 2020 Financial Results on June 23, 2020

BEIJING, June 17, 2020 /PRNewswire/ — Yiren Digital Ltd. (NYSE: YRD) ("Yiren Digital" or the "Company"), a leading fintech company in China, announced that it plans to release its unaudited financial results for the quarter ended March 31, 2020 after U.S. market closes on Tuesday, June 23, 2020.

Yiren Digital’s management will host an earnings conference call at 8:00 p.m. U.S. Eastern Time on June 23, 2020 (or 8:00 a.m. Beijing/Hong Kong Time on June 24, 2020).

Participants who wish to join the call should register online in advance of the conference at:

http://apac.directeventreg.com/registration/event/2773237

Please note the Conference ID number of 2773237.

Once registration is completed, participants will receive the dial-in information for the conference call, an event passcode, and a unique registrant ID number. 

Participants joining the conference call should dial-in at least 10 minutes before the scheduled start time.

A replay of the conference call may be accessed by phone at the following numbers until July 1, 2020:

International

+61 2-8199-0299

U.S.

+1 646-254-3697

Replay Access Code:

2773237

Additionally, a live and archived webcast of the conference call will be available at ir.yirendai.com.

About Yiren Digital

Yiren Digital Ltd. (NYSE: YRD) is a leading fintech company in China, providing both credit and wealth management services. For its credit business, the Company provides an effective solution to address largely underserved investor and individual borrower demand in China through online and offline channels to efficiently match borrowers with investors and execute loan transactions. Yiren Digital deploys a proprietary risk management system, which enables the Company to effectively assess the creditworthiness of borrowers, appropriately price the risks associated with borrowers, and offer quality loan investment opportunities to investors. Yiren Digital’s marketplace provides borrowers with quick and convenient access to consumer credit at competitive prices and investors with easy and quick access to an alternative asset class with attractive returns. For its wealth management business, the Company targets China’s mass affluent population and strives to provide customized wealth management services, with a combination of long-term and short-term targets as well as different types of investments, ranging from cash and fixed-income assets, to funds and insurance. For more information, please visit ir.Yirendai.com.

Related Links :

http://ir.yirendai.com/

Moovaz goes global with $7mil Series A funding & acquires SPH’s The Finder

SINGAPORE, June 16, 2020 /PRNewswire/ — Once a demographic dominated by affluent professionals, the face of the expat has dramatically shifted to welcome almost everyone, including a new generation of free-spirited, tech-savvy, globally-mobile adventurers keen to experience the world — and Moovaz is helping them live the dream. Powered by smart technology, Moovaz is reimagining logistics with simple, efficient moving services for a new generation of expat, and has secured a Series A round totalling USD 7 million, including previous convertibles, to do it.

Moovaz goes global with $7mil Series A funding & acquires SPH’s The Finder
Moovaz goes global with $7mil Series A funding & acquires SPH’s The Finder

An international relocation services platform headquartered in Singapore, Moovaz was founded in 2018 by Lee Junxian and 2 other Co-founders. The vision was simple: to promote a life well moved, for today’s global citizens. With the ease of travel and rise in flexible work, more people are choosing to forgo their home bases in pursuit of the digital nomad lifestyle. But the process is typically headache-inducing and comes with many roadblocks, from extremely high costs to slow shipping times and storage container issues. Moovaz turns the traditional logistics industry upside down, providing a smart, curated platform connecting customers with the right services at the right time.

"Relocating from one country to another is a huge logistic undertaking. You have to uproot everything, manage accommodation and travel plans, apply for visas, open new bank accounts. Basically move your entire life," says Lee Junxian, Co-Founder and CEO of Moovaz. "Despite all the tech innovations out there, relocation services remain notoriously slow, expensive and inefficient. As the world opens up, these challenges need to be addressed. Our goal is to use innovation to provide a complete moving solution for global citizens, and eliminate the headache that comes with moving your life."

On the Moovaz platform, customers can get instant shipping prices and track their belongings. Using automation and data, Moovaz captures customer information and profiles their needs before connecting them with their global network of contractors. However, Moovaz goes beyond the expectations of a relocation services company; instead harnessing technology and automation to provide a seamless moving process for customers.

Dubbing themselves "Life Movers", Moovaz helps global citizens move their lives, while also connecting them to their future communities. During the process, Moovaz provides tailored recommendations for essential extra services to ensure as smooth a move  as possible, from connecting utilities to buying insurance or setting up the all-important Wi-Fi.

While the lion’s share of its customers hail from the Asia-Pacfic, Moovaz plans to scale rapidly and expand its partnership base. Now, backed by the likes of Quest Ventures, who are backed by Singapore’s sovereign wealth fund, Supply chain conglomerate YCH Group and deep-tech investors SGInnovate, it can do that and more — and has its sights firmly set on strengthening its services and facilities to become an industry leader in the relocation field.

This means launching go-to market campaigns in new countries, raising capital, expanding their team, and welcoming new partners to optimize each customers life journey, at a functional level and an emotional one.

About Moovaz

Moovaz is an all-encompassing relocation service for globalised mobile citizens. Its all-in-one digital platform is revolutionising the logistics and international relocation industry by enabling a seamless and truly moving experience for everyone. Using smart technology and a global network of over 2,000 certified partners, Moovaz offers customers an unprecedented level of transparency and open access to mobility services worldwide. With our dedicated team, Moovaz is committed to delivering convenience and excellence, first time, every time.

For more information, please visit https://www.moovaz.com/about-us/

Information about the latest acquisition of SPH’s The Finder could be found here – https://moovaz.com/press/

Related Links :

https://moovaz.com/