Tag Archives: FNT

PR Newswire

Gemini Earn is now available for Singapore Customers

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SINGAPORE, April 13, 2021 — Gemini, a crypto exchange and custodian, today announced the launch of its new interest-earning program Gemini Earn™ in Singapore. With Gemini Earn, customers can transfer existing crypto holdings, or easily purchase crypto to transfer into Gemini Earn and earn up to 7.4% interest on 28 cryptocurrencies available on Gemini. Gemini Earn customers can also redeem their crypto at any time.

"We’re excited to bring Gemini Earn to Singapore. Gemini Earn was specially designed to allow users to invest in the long term while still generating real returns on their crypto holdings. As Gemini grows in Asia, my team and I are glad to be introducing some of the best Gemini products and programmes to our customers in Singapore," says Jeremy Ng, Head of Asia Pacific at Gemini.

The launch of Gemini Earn in Singapore follows recent news that Gemini Earn has been launched in all 50 states in the US and that Gemini customers are now collectively earning interest on more than $1 billion in loans originated through Gemini Earn. Visit gemini.com/earn to learn more.

About Gemini in Singapore

Gemini Digital Payments Pte Ltd, an affiliate of Gemini Trust Company LLC, is a Digital Payment Token exchange and custodian business in Singapore, allowing customers to trade and store Digital Payment Tokens and to exchange such tokens with fiat currencies, including Singapore Dollars. Gemini Digital Payments operates under the supervision of the Monetary Authority of Singapore and has applied for a Major Payment Institution License pursuant to the regulations set forth in the Payment Services Act 2019.

Media contact

Hanna Tantoco
Marketing Communications – APAC
Hanna.Tantoco@gemini.com

Related Links :

https://www.gemini.com

PR Newswire

TMRW launches TMRW Creators Camp to help millennials with a passion for content creation make tomorrow theirs

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BANGKOK, April 7, 2021 — TMRW by UOB, the first mobile-only bank for ASEAN’s digital generation, has launched TMRW Creators Camp, to equip millennials with skills and knowledge to further their dream career of being a content creator.

Mr Natee Srirussamee, Head of Retail Digital, UOB Thailand
Mr Natee Srirussamee, Head of Retail Digital, UOB Thailand

TMRW, in collaboration with RAiNMaker, Thailand’s leading content creator community, and a day magazine, Thailand’s cutting-edge content publisher, will organise a series of training workshops on digital content creation from May to June 2021. The TMRW Creators Camp is open to anyone who is currently pursuing a career as a professional content creator. Applicants must have their own YouTube or Facebook channel with at least 1,000 followers.  

Mr Natee Srirussamee, Head of Retail Digital, UOB Thailand, said, "As a mobile-only bank designed specifically for ASEAN’s digital generation, our goal from day one has always been to support our customer’s aspirations. From smart financial solutions to initiatives such as the TMRW Creators Camp, we want to give our customers a leg-up as they pursue their ambitions.

"With Thai consumers close to three hours on average on social media channels such as YouTube, Instagram and TikTok[1] and as more companies and businesses redirect their advertising spend on digital channels[2],  a career as a digital content creator can be a dynamic and sustainable one. We hope that through the TMRW Creators Camp, participants will be able to develop or enhance their digital skills and learn how to engage their audiences better to succeed in their chosen career path."

TMRW Creators Camp is open for application from 1 April to 20 April 2021. Applicants should send a short video introducing themselves and why they wish to join the TMRW Creators Camp through TMRW website.

Up to 100 successful applicants will be invited to attend four virtual workshops that cover the main elements of digital content creation including storytelling, creativity in content, creating video content and conducting a live steaming. They must attend all workshops and complete all assignments on the given topics. The workshops are hosted by prominent content creators in Thailand namely Aou Spin9, Ayashi Channel, Boom Tharis, Cee Chatpawee, Codie, Eddy, Ken Nakarin, and Softpomz.

At the end of the four workshops, ten finalists who have had that highest grade in their assignments based on the creativity, engagement and production quality, will be invited to join a masterclass. During this masterclass, they will have the opportunity to learn from legendary content creators such as Nong Wongtanong, co-founder of a day magazine and The Standard, Rawit Hanutsaha, a successful entrepreneur behind the famous blog "Mission to the Moon", and Suthichai Yoon, one of the most established and influential journalists in the country.

The winner will be awarded cash and content production equipment such as a digital camera, laptop and wireless microphones worth about 1 million baht to support their own professional content creation careers.

For more information about the TMRW Creators Camp and application criteria, please visit www.tmrwbyuob.com/tmrwcreatorscamp  and TMRW Thailand Facebook page at https://www.facebook.com/tmrwthailand.

[1] Source: ‘Digital 2020: Thailand’, We Are Social and Hootsuite, 2020

[2] Digital advertising spend in Thailand has grown by double digits over the last five year. In 2020, Facebook received the highest proportion of advertising spend (32 per cent), followed by YouTube (21 per cent). Source: Digital Advertising Association (Thailand), 2020

 

Related Links :

http://www.uobgroup.com

PR Newswire

Selling Simplified appoints Daniel Juanillo as CFO amidst Unprecedented Company Growth

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Juanillo, an experienced executive, hopes to streamline operations, automate functions, and improve efficiencies

DENVER, April 2, 2021 — Selling Simplified Group, Inc. (SSG), a global leader in data-driven B2B demand generation, announced today the appointment of Daniel Juanillo as Chief Financial Officer. 

Selling Simplified, a leading B2B demand generation company, announces Dan Juanillo as Chief Financial Officer.
Selling Simplified, a leading B2B demand generation company, announces Dan Juanillo as Chief Financial Officer.

Juanillo brings more than 30 years of experience – many in senior financial roles – including Regional Accounting Director at Marconi Communications, Vice President and Controller at Horizon Banks, and CFO at Navajo Incorporated. Juanillo also served as a Financial Management Consultant, working his way through a variety of financial certifications, including a Certification in Risk Management Assurance (CRMA) and as a Certified Financial Services Auditor (CFSA).  

Most recently, Juanillo was instrumental in generating 35% revenue growth as CFO for a leading CPG manufacturer, where he executed a series of financial automation efforts, including the implementation of new reporting systems that saved two weeks in each reporting cycle.  

"Dan’s technical experience and business savvy make him perfect for the role at this time of company growth," said CEO and President Michael Whife. "We are thrilled to have someone of his caliber on the executive team, with his exceptional leadership skills and contagious optimistic attitude."  

Over the course of his extensive career, Juanillo has served in various industries, including banking, telecommunications, government, and financial services. At Selling Simplified, he is focused on three long-term goals: streamlining operations, automating functions where possible, and improving efficiencies.  

"It’s a great time in SSG history because we’re growing very quickly, and it’s an exciting market," said Juanillo. He was drawn to the culture at SSG, stating that the company’s global reach contributes to the depth of its people and the knowledge they share. "There is an emphasis on what’s best for the people," he said.  

Juanillo is most looking forward to improving efficiencies related to the 2021 year-end audit and to implementing a more robust financial system. "It’s a breath of fresh air to be on the Selling Simplified team, where ideas are encouraged and welcomed," stated Juanillo. "I can’t stop smiling every day I’m here." 

Juanillo holds an MBA in Corporate Finance & Strategy from Pepperdine Graziadio Business School. He joins Selling Simplified after the company was named one of Inc. 5000’s Fastest-Growing Private Companies in America for the fifth year in a row. 

Photo – https://techent.tv/wp-content/uploads/2021/04/selling-simplified-appoints-daniel-juanillo-as-cfo-amidst-unprecedented-company-growth.jpg

Related Links :

http://www.sellingsimplified.com

PR Newswire

Pintec Technology Holdings Limited to Hold 2021 Extraordinary General Meeting on May 7, 2021

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BEIJING, April 2, 2021 — Pintec Technology Holdings Limited (Nasdaq: PT) ("PINTEC" or the "Company"), a leading independent technology platform enabling financial services in China, today announced that it has called an extraordinary general meeting (the "EGM") of shareholders to be held at Floor 9, Room Jupiter, Heng An Building, No. 17, East 3rd Ring Road, Chaoyang, Beijing on May 7, 2021 at 10:00a.m. Local time to consider and vote on the following two proposals (the "Proposals") as further detailed in the notice of the EGM (the "Notice"):

  1. THAT the authorized share capital of the Company shall be changed to US$250,000, divided into 2,000,000,000 shares of a par value of US$0.000125 each, comprising of (i) 750,000,000 Class A Ordinary Shares of a par value of US$0.000125 each, (ii) 250,000,000 Class B Ordinary shares of a par value of US$0.000125 each, and (iii) 1,000,000,000 shares of no specific class of a par value of US$0.000125 each, by the re-designation of 1,000,000,000 authorized but unissued Class A Ordinary Shares as shares of no specific class (the "Re-designation of Share Capital");

  2. THAT the Company’s Fourth or Current Amended and Restated Memorandum of Association and Articles of Association be amended and restated by their deletion in their entirety and by the substitution in their place of the Fifth Amended and Restated Memorandum of Association and Articles of Association in the form as attached as Exhibit A to the Notice.

The detailed Proposals and additional information regarding the EGM can be found in the Notice and the form of proxy for the EGM. The Notice and form of proxy for the EGM are available on the Company’s website at ir.pintec.com, and will also be furnished to the Securities and Exchange Commission on Form 6-K on or about April 2, 2021. In addition, the Company’s proxy materials (including the final proxy statement) will be mailed to shareholders and ADS holders.

The Board of Directors of the Company recommends that the Company’s shareholders and ADS holders vote FOR the Proposals.

The Board of Directors of the Company has fixed the close of business on April 7, 2021 as the record date (the "Record Date") for determining the shareholders entitled to receive the Notice or any adjournment or postponement thereof. Holders of record of ordinary shares of the Company at the close of business on the Record Date are entitled to notice of, to attend and vote at, the EGM or any adjournment or postponement thereof. Holders of the Company’s American depositary shares ("ADSs") who wish to exercise their voting rights for the underlying ordinary shares must act through the depositary of the Company’s ADS program, The Bank of New York Mellon.

About PINTEC

PINTEC is a leading independent technology platform enabling financial services in China. By connecting business and financial partners on its open platform, PINTEC enables them to provide financial services to end users efficiently and effectively. The Company offers its partners a full suite of customized solutions, ranging from digital retail lending, digital business lending, robotic process automation, to wealth management and insurance products. Leveraging its scalable and reliable technology infrastructure, PINTEC serves a wide range of industry verticals covering online travel, e-commerce, telecommunications, online education, SaaS platforms, financial technology, internet search, and online classifieds and listings, as well as various types of financial partners including banks, brokers, insurance companies, investment funds and trusts, consumer finance companies and other similar institutions. For more information, please visit ir.pintec.com.

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "is expected to," "anticipates," "aim," "future," "intends," "plans," "believes," "are likely to," "estimates," "may," "should" and similar expressions, and include, without limitation, quotations from management and PINTEC’s strategic and operational plans. PINTEC may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Such statements are based upon management’s current expectations and current market and operating conditions, and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company’s control. Forward-looking statements involve inherent risks, uncertainties and other factors that could cause actual results to differ materially from those contained in any such statements. Potential risks and uncertainties include, but not limited to, the Company’s limited operating history, regulatory uncertainties relating to online consumer finance in China, the Company’s reliance on Jimu Group for a significant portion of its funding and the need to further diversify its financial partners, the Company’s reliance on a limited number of business partners, the impact of current or future PRC laws or regulations on wealth management financial products, publicity regarding the consumer finance industry and the evolving regulatory environment governing this industry in China, and the Company’s ability to meet the standards necessary to maintain the listing of its ADSs on the Nasdaq Global Market, including its ability to cure any non-compliance with Nasdaq’s continued listing criteria. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the U.S. Securities and Exchange Commission. All information provided in this press release is as of the date of this press release, and the Company does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under applicable law.

Related Links :

https://ir.pintec.com/

PR Newswire

eftPay as the official electronic payment service provider of “18th HK Mega Showcase”; Showcases innovative e-Coupon platform “e+Coupon”, enabling merchants to establish marketing campaigns at low costs

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HONG KONG, April 2, 2021 — eft Payments (Asia) Limited ("eftPay"), one of the leading e-Payment services providers in Hong Kong, is pleased to announce that it has been appointed the official electronic payment service provider of the "18th HK Mega Showcase" for the first time. The Expo takes place at the Hong Kong Convention and Exhibition Center for four consecutive days starting from 2nd April (Friday) to 5th April (Monday). eftPay showcases its innovative e-Coupon platform "e+Coupon" with the theme "Get your e-Coupons anytime, anywhere" at booth 3Q12, Hall 3. It aims at providing Hong Kong merchants an effective channel to establish marketing campaigns at a low cost.

With nine major zones and 500 booths, "18th HK Mega Showcase" satisfies all your shopping needs in one go. The 9 zones include Chill Handicraft Market, Beauty & Health Care Zone, Cleaners and Disinfectants Products, Local Brands Bazaar, Fashions & Sports Gear Zone, Local Design & Start-up Zone, Hong Kong Homex, Hong Kong Food Festival and e-Expo & Auto HK.

Converge different merchants and establish marketing campaigns at low costs

eftPay showcases its innovative platform "e+Coupon", which was officially launched in September 2020 and is a breakthrough of the industry. 2020 has been a challenging year, especially for the retail industry. Aiming at easing the blow of COVID-19 on SMEs, eftPay has thus designed "e+Coupon" that converges different merchants to establish marketing campaigns at a low cost.

"e+Coupon" is an innovative platform that combines a membership system and e-coupon function. Consumers who register as a member of "e+Coupon" can get e-Coupons from participating merchants in Hong Kong anytime. For merchants, "e+Coupon" is user-friendly and can be easily operated using eftPay’s terminal. It allows merchants to set up marketing campaigns at a low cost, enhancing the opportunities to promote, reach out to potential clients, drive revenue, and review the effectiveness of the campaign at any time. To boost sales, eftPay also offers promotion opportunities on social media platforms and helps merchants produce promotional videos.

"e+Coupon" has received widespread support since its launch. Currently, more than 200 merchants have joined the programme, most of which are small enterprises. eftPay will continue to strengthen its promotion in order to increase coverage, and to achieve its target of " Get your e-Coupons anytime, anywhere".

Consumers who register as a member of "e+Coupon" via platform will get an exclusive welcome offer at "18th HK Mega Showcase". Offer is limited and available only while stocks last.

eftPay, one of the leading e-Payment services providers in Hong Kong, is dedicated to providing comprehensive, convenient, fast and secure e-Payment services to merchants and consumers. Currently, its integrated payment system is one of the only payment platforms that support the most e-Payment methods in Hong Kong, including credit card, QR code payment, and even overseas e-Wallets from Taiwan and South Korea. It supports code scanning, contactless, card swiping and conventional card payment in one terminal. It is user-friendly that simplifies payment procedures, in order to provide merchants with tools that improve operational efficiency and reduce manpower.

Mr. Andrew Lo, Chairman and Chief Executive Officer of eft Payments (Asia) Limited said, "it is our honor to participate as the official electronic payment service provider of ’18th HK Mega Showcase’. Our innovative platform ‘e+Coupon’ combines a membership system and e-coupon function, enabling merchants to establish marketing campaigns at a low cost, as well as offering consumers the latest promotions and discounts anytime. We believe that ‘e+Coupon’ is a win-win solution to both merchants and consumers."

About eft Payments (Asia) Limited

Established in 2013, eftPay is one of the leading e-Payment services providers in Hong Kong, providing merchants with comprehensive e-Payment services, including account opening, point of sale system and integration of payment system, transaction processing and payment settlement services. Currently, eftPay serves at least 22,600 stores in Hong Kong, including well-known local jewelry chains, electrical appliances stores, makeup and beauty stores, clothing stores, food and beverage, theme parks, convenience stores and supermarkets. Website: http://www.eftpay.com.hk/ 

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PR Newswire

Future Fintech Group Inc. Announces $35 Million Registered Direct Offering Priced At-the-market Under Nasdaq Rules

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NEW YORK, Apr. 1, 2021 — Future FinTech Group Inc. (NASDAQ: FTFT) ("Future FinTech", "FTFT" or "the Company"), a leading blockchain based e-commerce company and a service provider for financial technology, today announced that it has entered into a definitive agreement with institutional investors for the purchase and sale of 5,737,706 shares of its common stock at a price of $6.10 per share for gross proceeds of approximately $35 million in a registered direct offering priced at-the-market under Nasdaq rules. The closing of the offering is expected to occur on or about April 6, 2021, subject to the satisfaction of customary closing conditions.

A.G.P./Alliance Global Partners is acting as the sole placement agent for the offering.

The Company intends to use the net proceeds from this offering for growth capital and general working capital purposes.

This offering is being made pursuant to an effective shelf registration statement on Form S-3 (File No. 333-224686) previously filed with the U.S. Securities and Exchange Commission (the "SEC") and declared effective on December 11, 2020. A prospectus supplement describing the terms of the proposed offering will be filed with the SEC and will be available on the SEC’s website located at http://www.sec.gov. Electronic copies of the prospectus supplement may be obtained, when available, from A.G.P./Alliance Global Partners, 590 Madison Avenue, 28th Floor, New York, NY 10022, or by telephone at (212) 624-2060, or by email at prospectus@allianceg.com.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Future FinTech Group Inc.

Future FinTech Group Inc. ("Future FinTech", "FTFT" or the "Company") is a leading blockchain e-commerce company and a service provider for financial technology incorporated in Florida. The Company’s operations include a blockchain-based online shopping mall platform, Chain Cloud Mall ("CCM"), a cross-border e-commerce platform (NONOGIRL), an incubator for blockchain based application projects. The Company is also engaged in the development of blockchain based technology and services as well as financial technology services. For more information, please visit http://www.ftftex.com/.  

Safe Harbor Statement

Certain of the statements made in this press release are "forward-looking statements" within the meaning and protections of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended, or the Exchange Act. Forward-looking statements include statements with respect to our beliefs, plans, objectives, goals, expectations, anticipations, assumptions, estimates, intentions, and future performance, and involve known and unknown risks, uncertainties and other factors, which may be beyond our control, and which may cause the actual results, performance, capital, ownership or achievements of the Company to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. All statements other than statements of historical fact are statements that could be forward-looking statements. You can identify these forward-looking statements through our use of words such as "may," "will," "anticipate," "assume," "should," "indicate," "would," "believe," "contemplate," "expect," "estimate," "continue," "plan," "point to," "project," "could," "intend," "target" and other similar words and expressions of the future.

All written or oral forward-looking statements attributable to us are expressly qualified in their entirety by this cautionary notice, including, without limitation, those risks and uncertainties described in our annual report on Form 10-K for the year ended December 31, 2019 and our other reports and filings with SEC. Such reports are available upon request from the Company, or from the Securities and Exchange Commission, including through the SEC’s Internet website at http://www.sec.gov. We have no obligation and do not undertake to update, revise or correct any of the forward-looking statements after the date hereof, or after the respective dates on which any such statements otherwise are made.

PR Newswire

Crypto.com Visa Card Spending Grew 55% Per User in 2020, Online Spending Up 117%

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For the first time, Crypto.com shares transaction data for its Visa Card, showing strong growth in overall user spending, especially for online purchases and cross-border transactions

HONG KONG, April 1, 2021 — Today, Crypto.com released its Consumer Spending Insights Report for 2020, which details spending trends and data for its Visa Card—the most widely-available card of its kind in the world. The first look into spending trends for the Crypto.com Visa Card, the report found that overall spending per user in 2020 grew 55% YoY, with a 117% increase in online spending relative to overall spending growth, notably for the categories of housing, household goods, groceries, and cross-border transactions. Cardholders shopped with merchants in 143 countries, nearly half of which are in the U.S. (24%) or in the UK (23%). The report reveals strong overall growth for the card, and significant changes in user spending habits resulting from  the pandemic.

As the pandemic began spreading globally early last year, spending with the Crypto.com Visa Card followed a similar trajectory to the OECD’s Consumer Confidence Index (see chart below), with drops in both occurring in the first four months of 2020. As consumer confidence returned (yellow line), Crypto.com Visa Card spending per user (blue line) recovered quickly, ending the year with 55% more spending than 2019.

Crypto.com Spending Index
Crypto.com Spending Index

Infographic – https://techent.tv/wp-content/uploads/2021/04/crypto-com-visa-card-spending-grew-55-per-user-in-2020-online-spending-up-117-3.jpg

 

Spending Categories

Among all spending categories for the Crypto.com Visa Card in 2020, groceries saw the most growth, increasing from 17% to 20% during the year. Meanwhile, the share of spending on restaurants and transportation fell below 10% (see chart below).

Spending habits were also impacted by border restrictions and quarantine measures, as billions of people were forced to limit travel and in-person activities. Compared to overall growth, housing and household goods spending rose 47% in 2020, while spending on hotels and dining fell behind with -21% growth.

Crypto.com Spending Categories
Crypto.com Spending Categories

Infographic – https://techent.tv/wp-content/uploads/2021/04/crypto-com-visa-card-spending-grew-55-per-user-in-2020-online-spending-up-117.jpg

Additionally, 2020 spending on travel, dining, and ticketing all saw significantly negative growth, with ticketing experiencing the worst decline at -50% since 2019.

Online vs. In-Store

Overall, online spending with the Crypto.com Visa Card grew 117% relative to overall growth. Despite the pandemic, in-store spending also rose, but by a more moderate 33%, indicating an overall increase of card usage for a wide range of purchases.

The Crypto.com Visa Card Consumer Spending Insights Report for 2020 also looks at top food delivery platforms and supermarkets/department stores by region:

 

Region

Top Food Delivery Platforms

Top Supermarkets & Department Stores

UK & Europe

Uber Eats, Just Eat, Deliveroo

Lidle, Tesco, Aldi

North America

DoorDash, Uber Eats, Instacart

Walmart, Kroger, Publix

APAC

GrabFood, foodpanda, Uber Eats

Woolworths, FairPrice, Aldi

 

Kris Marszalek, Co-founder and CEO of Crypto.com said: "As our Crypto.com Visa Card availability continues to expand globally, so too are the ways in which people are using it. This granular spending data gives tremendous insight into where, how, and for what purchases the card is being used globally, and reveals significant spending behavioral changes driven by the pandemic. We’re excited by the diversity of transactions shown in the data, as crypto continues its mainstream push and as we continue to expand what is already the most widely available card of its kind into more markets."

First introduced in Singapore in 2018, the Crypto.com Visa Card is the largest Visa card program of its kind, and is currently available in the U.S., Canada, 31 countries in Europe, and the APAC. Last month, Crypto.com expanded its partnership with Visa, which granted the company Visa principal membership. This new partnership enables Crypto.com to begin direct issuance of its card in Australia, and allows the company to have a direct relationship with cardholders. Crypto.com plans to scale its card program to many more markets around the world, and began offering virtual cards in Europe this month, so users can start spending without waiting for their physical cards to arrive.

About Crypto.com

Founded in 2016, Crypto.com today serves over 10 million customers with the world’s fastest growing crypto app, along with the Crypto.com Visa Card — the world’s largest crypto card program — the Crypto.com Exchange and Crypto.com DeFi Wallet. Recently launched, Crypto.com NFT is the premier platform for collecting and trading NFTs, curated carefully from the worlds of art, design, entertainment, sports.

Crypto.com is built on a solid foundation of security, privacy and compliance and is the first cryptocurrency company in the world to have ISO/IEC 27701:2019, CCSS Level 3, ISO27001:2013 and PCI:DSS 3.2.1, Level 1 compliance, and independently assessed at Tier 4, the highest level for both NIST Cybersecurity and Privacy Frameworks.

Crypto.com is headquartered in Hong Kong with a 1,000+ strong team. Find out more by visiting https://crypto.com

Logo – https://techent.tv/wp-content/uploads/2021/04/crypto-com-visa-card-spending-grew-55-per-user-in-2020-online-spending-up-117-2.jpg

PR Newswire

Atome Financial finalises acquisition of financing company amid rapid business expansion in Indonesia

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JAKARTA, Indonesia, March 31, 2021 — Atome Financial has completed its acquisition of local financing company PT Mega Finadana Finance in Indonesia. The acquisition will allow Atome Financial to expand its business in Indonesia through especially consumer financing. Following the acquisition, PT Mega Finadana Finance changed its name to PT Atome Finance Indonesia.

"The acquisition of this licence is testament to our commitment to growing our Indonesia business, and will allow us to better serve our partners and consumers through a range of tailored financing and lending options," said Atome Financial Indonesia CEO Wawan Salum, who explained the strategy to get a licence as a financing company will facilitate expansion across business lines.

"As a group, Atome Financial has emerged from COVID-19 pandemic strongly and is now in a unique position to rapidly expand our services in Indonesia and accelerate financial inclusion among underbanked and underserved segments of the population. Since 2017, Atome Financial has partnered some of the world’s most respected financial institutions who provide over $200 million in funding and credit facilities to propel financial inclusion. Cumulatively, we have served over 5 million users and provided over USD 1 billion of credit to empower merchants and consumers. This licence will not only accelerate our rapid business expansion, but also contributes to a stronger and healthier national lending and financing ecosystem in Indonesia," he added. 

Atome Financial consists of two main business units, Atome and Kredit Pintar. Atome partners some of Indonesia’s largest retailers and e–commerce platforms such as MAP Group (which includes Sephora, Zara, Mango, Pull&Bear, Marks & Spencer, Food Hall and more), JD.ID and iStyle to offer installment payment options with 0% interest over 3 or 6 months across fashion, beauty, lifestyle and health and fitness categories during the checkout transaction. Meanwhile, Kredit Pintar is among Indonesia’s top digital lending apps licensed by OJK, with over 10 million mobile app downloads and a 4.8-star rating on Google Play Store. It was also recently awarded Top Brand Award 2021 by Frontier Group and Majalah Marketing.

Atome Financial’s media kit can be found here.

About Atome Financial

Founded in 2017, Atome Financial is a leading tech company working to break down barriers of traditional banking and promote financial inclusivity through artificial intelligence technology. It consists of two main business lines: Atome, which partners merchant retailers to offer "buy now pay later" options during checkout and is available in Singapore, Indonesia, Malaysia, Hong Kong, Thailand, Vietnam and mainland China, and Kredit Pintar, one of Indonesia’s top digital lending apps licensed by OJK. In 2019, Atome Financial was named the most trusted technology company in digital payment by the Indonesia Quality Award committee. Atome Financial is headquartered in Singapore with additional offices in Indonesia and China.

Media Contact:

Michael de Waal Montgomery
michael@ellerton.sg

PR Newswire

Diebold Nixdorf Recognized by RBR as the Global Leader in Total Application and Monitoring Software for the ATM Industry

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Company continues to grow its global software presence; delivering expanded transaction capabilities and enhanced user experience

NORTH CANTON, Ohio, March 30, 2021 — Diebold Nixdorf (NYSE: DBD) was recently recognized by strategic research and consulting firm RBR in its "ATM Software 2021" report as the global leader in total ATM application software deployed, with a market share of 27%. Diebold Nixdorf also remains the global leader in total ATM monitoring software deployed, with a market share of 22%, and is the largest provider of multivendor software applications in North America.

Diebold Nixdorf Primary Logo. (PRNewsFoto/Diebold Nixdorf)
Diebold Nixdorf Primary Logo. (PRNewsFoto/Diebold Nixdorf)

The ability to effectively monitor and manage ATMs has become even more critical as COVID-19 restrictions limit branch access and drive critical financial transactions to self-service. According to RBR, banks globally have increased their investment in advanced ATM software as part of their wider self-service strategy to help boost the user experience and functionality of their fleet to provide more transactions.

Tom Hutchings, Director, at RBR said: "Banks are unifying customer propositions, making the ATM interface and transaction flow match internet and mobile banking. Similarly, expanding CRM and personalisation capabilities to the ATM allows them to capitalise on millions of interactions every year. Finally, support for mobile wallets, contactless cards, QR-codes and e-receipts reflect wider changes in consumer behaviour. Modern ATM software enables these new capabilities, and thus plays a crucial role in future-proofing the channel."

Intelligent software enables financial institutions to offer their customers a variety of services that are integrated perfectly into their omnichannel consumer journeys and CRM systems. As branch transformation projects continue to shift transactions to self-service systems and away from the teller, greater system functionality is required resulting in higher demands on the software.

Manish Choudhary, senior vice president, Software, at Diebold Nixdorf said: "We are very excited about the growing interest in advanced software capabilities for the self-service channel, especially given the various solutions we provide in our VynamicTM suite. In addition, we are increasing our investment in our cloud native Vynamic Payments software to help banks address new payment types and reduce the cost of legacy payment platforms. We will continue working aggressively to broaden our global software offerings and capabilities in both the Banking and Retail segments."

About RBR
RBR is a strategic research and consulting firm with three decades of experience in banking and retail automation, cards and payments. It assists its clients by providing independent advice and intelligence through published reports, consulting, newsletters and events.

About Diebold Nixdorf
Diebold Nixdorf, Incorporated (NYSE: DBD) is a world leader in enabling connected commerce. We automate, digitize and transform the way people bank and shop. As a partner to the majority of the world’s top 100 financial institutions and top 25 global retailers, our integrated solutions connect digital and physical channels conveniently, securely and efficiently for millions of consumers each day. The company has a presence in more than 100 countries with approximately 22,000 employees worldwide. Visit www.DieboldNixdorf.com for more information.

Twitter: @DieboldNixdorf 
LinkedIn: www.linkedin.com/company/diebold  
Facebook: www.facebook.com/DieboldNixdorf
YouTube: www.youtube.com/dieboldnixdorf

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PR Newswire

Circle Launches Comprehensive NFT Platform & Marketplace Payments Solution

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Accelerates Mainstream Adoption by Enabling NFT Platforms to Accept Both Traditional and Crypto Payments

Circle unveils plans to support BTC and ETH payments, as well as storage, custody and transfer of NFT assets

BOSTON, March 27, 2021 — Circle, a global financial technology firm that provides payments and treasury infrastructure for internet businesses, today announced a comprehensive payments solution for non-fungible token (NFT) marketplaces and storefronts that enables them to accept credit card and crypto payments alike in order to attract more mainstream audience adoption. Circle today also unveiled forthcoming features that will be made available over the coming months, including support USDC, BTC and ETH payments, NFT custodial services, and yield-generating Circle accounts for NFT market operators.

NFT marketplaces have surged in popularity over the past 12 months, but broad-based mainstream adoption is lagging due to the complexity of payment transactions, which usually require the use of cryptocurrencies. Circle’s NFT solution simplifies buying and selling by enabling platforms to accept credit card payments alongside crypto, all with a seamless user experience. This makes NFT transactions easier by encouraging greater engagement, platform expansion and support for creators worldwide through the marriage of traditional payment rails and leading digital dollar stablecoin USD Coin (USDC).

NFTs have seen a meteoric rise in recent months – as platforms like NBA Top Shot skyrocket in popularity (Top Shot has seen a 400% increase in sales over the past 30 days) and digital art becomes mainstream (iconic auction house Christie’s recently offered the first purely digital artwork with the auction of Beeple’s Everydays for $69M). In February 2021 alone, sales volume across major NFT marketplaces grew nearly 800%, to more than $200M.

"This is not only an important and valuable trend for marketplaces and creators, it represents incredible demand from customers – for collectibles, artwork, moments, and really anything that can be tokenized on the blockchain," said Jeremy Allaire, Circle Co-founder and CEO. "Circle looks forward to supporting the industry – creators, platforms, marketplaces, storefronts and customers – with our solution for enabling a user-friendly, mainstream payments experience with the power of crypto connectivity and USDC."

With Circle’s payments and treasury infrastructure, NFT marketplaces and storefronts can create a seamless user experience for buyers and sellers alike:

  • Build upon Circle’s Payments, Payouts and Digital Dollar Accounts APIs to process transactions and use the Circle Account to maintain a scalable treasury infrastructure on the backend, making platform management easier than ever.
  • Choose to offer traditional and crypto payment options, or abstract crypto entirely from the user – all in service of greater convenience and efficiency alike.

Over the coming months, Circle plans to release a range of features aimed at NFT marketplaces, storefronts and platforms:

  • Support for BTC & ETH payments. NFT markets will be able to easily accept BTC and ETH as payment and payout methods, allowing both crypto HODLers and new mainstream users to pay with fiat and crypto.
  • Storage, Custody and Transfer of NFT assets. Circle’s digital asset account infrastructure and APIs will enable NFT markets and properties to easily store NFT assets with best-in-class digital asset custody services, while also enabling their customers to transfer standard NFTs in and out of their markets and services.
  • Treasury and Yield Services. NFT markets are digital asset native businesses, and with funds and treasury accounts held with Circle, NFT developers can take advantage of Circle’s new high-yield digital dollar accounts*, enabling idle working capital to earn between 4-8% APY on USDC.

These new areas of focus are just the beginning as Circle continues to build and partner with the leading projects, developers and brands that are innovating in the NFT commerce space.

This comes at a time of explosive growth for USDC, whose market cap is more than $10B and has more than doubled in 2021 alone. Dollar stablecoins like USDC have quickly become the preferred currency of NFT marketplaces and storefronts as they offer a convenient funding source for end users as well as the ability to streamline their operations and stay crypto-native as needed. In the future, Circle plans to expand its roadmap by accepting ETH payments as well as providing custody for NFTs.

For more information, contact our team, and read more about our NFT solution here.

About Circle
Circle is a global financial technology firm that enables businesses of all sizes to harness the power of stablecoins and public blockchains for payments, commerce and financial applications worldwide. Circle’s platform has supported over 100 million transactions worth tens of billions of dollars, with nearly 10 million retail customers, over a thousand businesses, while storing and securing more than $5 billion in digital currency assets. Circle is also a principal developer of USD Coin (USDC), which together with Coinbase and the Centre Consortium oversees the standards and protocol for what has become the fastest growing, regulated, fully reserved stablecoin. USDC now stands at more than $10 billion market cap and is adding nearly $300 million net new digital dollars in circulation every week. Today, Circle’s transactional services, business accounts, and platform APIs are giving rise to a new generation of financial services and commerce applications that hold the promise of raising global economic prosperity for all through programmable internet commerce. Learn more at https://circle.com

*Service offered through Circle International Bermuda Limited. Offering subject to business approval, geographical availability, and regulatory authorization, and there is no guarantee that the product will become available in a specific timeframe, or to a specific customer group or geography. Service offered through Circle International Bermuda Limited. It is anticipated that Circle International Bermuda Limited will enter into lending arrangements with one or more institutional borrowers, including Genesis Global Capital, LLC. You should carefully conduct your own investigations and analyses in connection with any participation in this product, including its objectives, risk factors, fees, and expenses and the information set forth in these materials. All prospective participants in the products described herein are advised to consult with their legal, accounting and tax advisers regarding any potential participation. Rates are purely indicative and are subject to change pending availability, approval and market conditions. Additional information is available upon request.

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http://www.circle.com

https://www.circle.com