Tag Archives: FNT

Osome and Aspire partners creating Singapore’s first same-day online incorporation and business account opening from anywhere in the world

Put the needs of modern entrepreneurs and founders at the forefront

SINGAPORE, Aug. 5, 2020 — Osome, Singapore-based AI powered service for efficient business management, announced a partnership with Aspire, a Singapore-based fintech startup serving a new generation of digital-savvy businesses with a mobile-first digital business account. Together they will enable a same-day service of incorporating a company and opening a business account in Singapore fully online.

Osome uses artificial intelligence to take care of routine tasks like company incorporation, corporate secretarial work, accounting, taxation and payroll on their platform. Aspire provides business owners with an easy, fast, and simple way to manage their business finances within a single platform. The Aspire Business Account can be opened online within minutes and automatically comes with a Visa debit card that allows business owners to transact in over 40+ currencies at the real exchange rate. Through this partnership, directors and shareholders now do not need to be physically present in Singapore to sign paperwork at the time of opening an account for their business.

Excellent news for entrepreneurs and business owners around the world who want to start a new business in Singapore despite the current pandemic which has restricted business travel. In addition, this new service brought about by the partnership between Osome and Aspire is 16%cheaper than doing both processes separately on your own.

Furthering their vision to digitize the corporate management and banking industry, the partnership will bring more convenience, ease and speed for directors who want to open a business in Singapore. Osome will take care of the company constitution, company name reservation and filing for incorporation with ACRA, Singapore’s regulator of business entities. To start, business owners can simple show their interest by registering here: https://osome.com/sg/aspire/ or here https://sg.aspireapp.com/company-incorporation.

Under this partnership, Incorporation packages start from just S$294. The Incorporation and Corporate Secretary package is only S$504. The deal includes an Aspire Business Account which enables companies to send and receive payments, as well as apply for Aspire Credit Line, a simple and flexible access to working capital. Both services are integrated with Xero, which Osome is Platinum partner to.

"This partnership helps make the company set-up process a lot more seamless. Having a business account is essential to operate a company. Now, an entrepreneur can open a legal entity and a business account in one day, without travelling to Singapore or leaving the house at all," said Victor Lysenko, Osome CEO and founder. 

"We are here to add value to entrepreneurs in any way we can. This partnership with Osome makes incorporation and account opening easy, fast, and transparent eliminating frictions and giving business owners their time back," said Andrea Baronchelli, Aspire CEO and co-founder.

About Osome

Osome, based in Singapore, was launched in January 2018 to facilitate business management for SMEs. Its suite of services includes business registration, corporate secretary services and payroll management. It uses automation tools and Artificial Intelligence to increase response time and accuracy, and to lower cost. It has market presence in Singapore, United Kingdom, Hong Kong and Malaysia. Osome has also bagged $4.28m (US$3m) in funding November 2019, led by Target Global, with participation from Phystech Venture and AdFirst. 

Find out more: https://osome.com

About Aspire

Aspire is a technology organization that serves small businesses with convenient & inclusive financial services, currently operating across Thailand, Vietnam, Indonesia, Singapore. The company was founded in January 2018 by former Lazada founders and executives, the company graduated from Y Combinator Winter 2018 batch and it is part of Y Combinator growth program Winter 2020. With Aspire, business owners can have fast and simple access to financial services for their business operations anywhere and at any time through their mobile phones.

Find out more: https://aspireapp.com

Media Contact

Osome
Nur Safiah Alias
safiah@osome.com

Aspire
Marcella Risye
marcella@aspireapp.com

iiPay Opens Asia Pac Hub in Singapore

Client Growth and Technological Innovation Accelerate Geographical Expansion

DALLAS and SINGAPORE, July 29, 2020 — iiPay, a market-leader in providing global payroll solutions to multi-national corporations, released details of the new office opening earlier this year in Singapore.  Singapore serves as the hub for the Asia Pacific operations and represents an exciting juncture of continued growth and investment in supporting global clients through service excellence and market leading technical innovation. iiPay continues to grow and partner with its existing clients while adding new clients at a rapid pace.  This focus on client service excellence and innovation has resulted in an average revenue growth rate exceeding fifty percent for the last three years. The Singapore office launch follows the previously announced launch of its Budapest Hungary hub earlier this year.

According to Absolute Reports, a research report company, the global Payroll and HR Software market is anticipated to rise at a considerable rate, during the forecast period, between 2020 and 2026. In 2020, the market was growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon. Clients in the fast-growing Asia Pacific region need increased payroll visibility and global reporting combined with compliance and accurate payroll delivery.

“iiPay’s investment in the Asia Pac region represents a commitment to serve clients in an exciting growth market with tremendous opportunities to reduce complexities, ensure compliance, and provide a standardized approach to global payroll,” stated Curtis Holmes, Chief Operating Officer, iiPay. “Our clients expect operational excellence in their currencies, local language, and time zone while respecting cultural norms.  We expect to be our clients trusted payroll partner around the globe as they expand their business.”

iiPay provides a truly global payroll solution, with a single technology platform to underpin day-to-day service delivery and enable effective compliance management, payment disbursements, data analytics and a single, standardized, Employee Self-Service experience across the globe.

About iiPay: iiPay is a service-focused global payroll provider, driven by their innovative cloud-based technology. iiPay’s  technology solution empowers Payroll, HR and Finance professionals through advanced data management, analytics and business intelligence functionality, enabling the user to access and report on any global data at any time. Focused on outcomes, iiPay reduces complexity, centralizes and simplifies multi-country payroll processes, and ensures compliance in every country for their clients. iiPay are focused on being more than a payroll vendor; instead, they strive to be a true partner and an  extension of their client’s payroll team, rather than an external provider. iiPay currently provide fully managed global payroll services in more than 170 countries.  iiPay’s relentless focus on service and software enhancements and the continued expansion of their footprint reflects the vision of the company to simplify global payroll and the ambition to ‘Pay the Planet’.

OKEx Launches Its 3rd Elite Team Trading Contest with a 150,000 USDT Prize Pool

VALLETTA, Malta, July 28, 2020 — OKEx (www.okex.com), a world-leading cryptocurrency spot and derivatives exchange, has announced the launch of its third Elite Team Trading Contest following two previous successful events. Starting from 10:00 am UTC on Aug. 10, the contest will last for two weeks until 10:00 am UTC on Aug. 24. The competing team leaders’ recruitment will take place between 10:00 am UTC on July 27 and 10:00 am UTC on Aug. 3, and the formation of teams will be from 10:00 am UTC on Aug. 3 to 10:00 am UTC on Aug. 10.

The top 10 teams and top 50 individuals ranked by trading yield — as well as the 10 most popular captains — will each win a share of the 150,000 USDT prize pool. All OKEx users can participate in the contest by trading futures, perpetual swaps, options and spot/margin products on the platform. 

The OKEx Elite Team Trading Contest has been held for two sessions already, with previous competitions showing very encouraging results. Some teams achieved an average return rate of more than 15% for all their members within two weeks, demonstrating a strong trading capability.

“OKEx regards team trading contests as the best way to give back to our global users while promoting mutual learning among themselves and the exchange. In the past two team trading contests, we saw many outstanding traders, staging highly impressive trading strategies and leading their teams to gain excellent rankings and considerable rewards,” said OKEx CEO Jay Hao

“We believe that traders can grow continuously through events such as these. I would like to wish all contestants the best of luck this time around.”

After a dull period marked by yearly lows in trading volume and a lengthy, uncharacteristic lack of volatility in the Bitcoin market, the crypto industry appears to be reactivating. Enthusiasm for trading has been reawakened, with BTC surging by more than 11% in the past five days, and ETH showing stellar momentum, which has registered a rise of over 37% in the same time frame. Also rekindling the renewed interest in trading is the popularity of DeFi and the large gains being made by many traders in this space as the industry continues to grow — with nearly $4 billion of value locked into its leading protocols.

Elite Team Trading contests have now become regular events of OKEx, attracting more and more traders to participate in order to win rewards. The third iteration of this competition comes at an opportune time for traders, and the exchange hopes to replicate and even improve upon the success of its previous sessions.

For further information, please visit: https://bit.ly/3018hdl

About OKEx

A world-leading cryptocurrency spot and derivatives exchange, OKEx offers the most diverse marketplace where global crypto traders, miners and institutional investors come to manage crypto assets, enhance investment opportunities and hedge risks. We provide spot and derivatives trading — including futures, perpetual swap and options — of major cryptocurrencies, offering investors flexibility in formulating their strategies to maximize gains and mitigate risks.

Logo – https://photos.prnasia.com/prnh/20200526/2813046-1-LOGO?lang=0

Related Links :

http://www.okex.com

AGM Group Holdings Inc. Regains Compliance with Nasdaq Listing Requirement

BEIJING, July 24, 2020 — AGM Group Holdings Inc. (“AGMH” or the “Company”) (NASDAQ: AGMH), an application software company providing accounting and ERP software, fintech software, and trading education software and website service, today announced that on July 23, 2020, the Company received a letter from the Listing Qualifications Department of The NASDAQ Stock Market, Inc. (“NASDAQ”), confirming that the Company has regained compliance with Listing Rule 5550(a)(3) (the “Minimum Public Holders Rule” or the “Rule”) .

As previously reported on February 5, 2020, the Company received a notification letter from the Listing Qualifications Department of NASDAQ on January 31, 2020 indicating that the Company was not in compliance with the Minimum Public Holders Rule, which requires AGMH to have at least 300 public holders for continued listing on the NASDAQ Capital Market. Based on the Company’s submission dated July 21, 2020, the Company has greater than 300 public holders. Accordingly, NASDAQ Staff has determined that the Company complies with the Rule, and this matter is now closed.

About AGM Group Holdings Inc.

Incorporated in April 2015 and headquartered in Beijing, China, AGM Group Holdings Inc. is an application software company, currently conducting three main business: 1) accounting and ERP software, 2) fintech software, and 3) trading education software and website service. For more information, please visit www.agmprime.com.

Forward Looking Statements

This news release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and 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,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. All statements other than statements of historical fact in this press release are forward-looking statements and involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. These forward-looking statements are based on management’s current expectations, assumptions, estimates and projections about the Company and the industry in which the Company operates, but involve a number of unknown risks and uncertainties, Further information regarding these and other risks is included in the Company’s filings with the U.S. Securities and Exchange Commission. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and actual results may differ materially from the anticipated results. You are urged to consider these factors carefully in evaluating the forward-looking statements contained herein and are cautioned not to place undue reliance on such forward-looking statements, which are qualified in their entirety by these cautionary statements.

For more information, please contact:

At the Company:
Email: ir@agmprime.com

Investor Relations:
Tony Tian, CFA         
Weitian Group LLC
Email: ttian@weitianco.com
Phone: +1-732-910-9692

Related Links :

http://www.agmprime.com

YAS Empowers Insurtech with Disruptive Innovations for the Future and Beyond Reshaping the Insurance Industry with a New Ecosystem and Business Model


HONG KONG, July 24, 2020 — YAS Digital Limited (YDL), the Hong Kong-based regional insurtech venture, today unveiled Hong Kong’s first microinsurance marketplace – YAS, which utilizes innovative technologies such as 5G, AI, blockchain, data analytics, and open API, to reshape the insurance industry while creating an unprecedented ecosystem and business model for both B2B and B2C customers.

YAS Team Photo
YAS Team Photo

 

 

YDL is the first insurtech venture in Hong Kong to employ YAS – a brand-new microinsurance marketplace that functions like an app store, empowering insurers with open APIs ready to plug and play in accordance with growing trends within the on-demand economy. Utilizing a customer-centric open marketplace that offers a diverse and affordable range of products tailored to the customer’s needs, YAS provides a digital customer experience beyond protection in every step of their daily lives.

With YAS’ smart technologies, the first of its kind offerings are actualized. The YAS GPS Automated Insurance will be made to provide seamless protection to customers when they are on the move. For example: YAS will use location based technology to map out all hiking trails. If the customer decides to use the auto-on feature within the app, insurance coverage will automatically turn ON when the user is on the trail and turn OFF when the user leaves the trail. This GPS enabled protection experience will also apply to golf courses, tennis courts, theme parks, public transportation and more. In addition, the introduction of 5G technology will put telehealth at the customer’s fingertips – instant access to a virtual assistant during emergencies or real-time video streaming to a doctor from their home country while traveling will all be achievable.

The deep machine learning technology of YAS creates a new tech-centric ecosystem for B2B and B2C customers, meeting customer preferences and uplifting customer loyalty. Through joint voting and dynamic pricing, YAS provides desirable cost-effective alternatives for customers over full-fledged insurance coverage.

In addition to its inherent novelty, YAS provides ease of mind to all users in data privacy protection. With YASS – the first insurance blockchain protocol developed by YDL’s YAS Lab, YAS is enabled with a highly secure network to store insurance smart contracts on the cloud with nodes running across 20 countries, protecting the data privacy of customers. YAS’ secure and decentralized data network also enables customers to own their data – with blockchain ledger records and end to end encryption, customers are able to transfer their data across insurance companies on demand.

It also offers data transformation and analytic solutions which are complemented by social data analytics for underwriters to produce single items for specific times and occasions, and to underwrite the right risks, which will facilitate a user-centric insurance future. 

Mr Andy Ann and William Lee, Cofounder of YDL, said, "YAS is a perfect blend of technological innovation, digital capabilities, and customer-centric experience; it fosters to build a community with utility, loyalty, and experience to protect people through lifestyle. What’s more, it also forms a powerful transformative insurtech business model and ecosystem, leading the evolution of the global insurance market, and reshaping the insurance industry for the next generation. YAS revolutionizes the next generation of consumer experience and behavior through empowerment, quality interaction, and engagement."

YAS is designed with a novel touch point that resonates with customers from all walks of life, setting the scene for the future of insurance by enhancing accessibility, security, diversity, and transparency in order to match customer’s needs. By breaking down the complexities of insurance, it helps customers understand what they buy and how they are protected. YAS addresses the pains and frustrations of the claims process, bridges protection gaps, and ultimately insures customers in an automated and meaningful manner.  

YDL has completed its pre-series A funding round from investors including Beyond Ventures, Sun Hing Insurance Holdings of Sun Hing Group, and Merdeka Financial Group since its inception in June 2019. The company is planning to further expand YAS’ presence in the Greater Bay Area, Asia Pacific region and ASEAN countries, including Thailand, Vietnam, Malaysia, Singapore, Taiwan, Japan and South Korea in the coming years.

YDL is planning to offer over 10,000 digitally enabled bite-sized insurance products on YAS, which will be launched with its strategic partners in phases. The company aims to identify 100 more business partners ranging from brands, retailers, insurers, sports, and travel services, each exclusive to their industry segment, to join the company’s revolutionary journey in creating niche insurance products and a customer experience desirable for the current market and future generations.

For more information of YAS, please visit www.yas.com.hk.

About YAS Digital Limited (YDL)

Established in June 2019, YDL (IA License No. FA2648) is a Hong Kong-based regional insurtech venture with a vision to become the leading insurtech in Asia, carving a new hyper-personalized marketplace for both B2B and B2C customers. It aims to introduce a disruptive new business model, create a new ecosystem and unlock business possibilities, making the sky the limit for the global insurance industry. The company is registered in accordance with the Insurance Company Ordinance (Cap.41 of the Laws of Hong Kong) as an insurance agent for local distribution of insurance products.

For media enquiries, please contact:

Raymond Woo
Infinite Mind Communications
Email: raymond@i-mind.com.hk
Office: +852 2236 5622  
Mobile: +852 9107 0404

Photo – https://photos.prnasia.com/prnh/20200723/2865958-1?lang=0
Photo – https://photos.prnasia.com/prnh/20200723/2865958-1LOGO?lang=0

Related Links :

http://www.yas.com.hk

NPCI introduces UPI AutoPay facility for recurring payment

– Customers can now set e-mandate on UPI platform to perform recurring payments of upto Rs. 2000; for amount above Rs. 2000, customers have to execute every mandate with UPI PIN 

– Customers can now enable recurring e-mandate using any UPI application for recurring payments such as mobile bills, electricity bills, EMI payments, entertainment/OTT subscriptions, insurance, mutual funds and loan payments, paying for transit/metro payments among others 

– The facility to provide millions of UPI users convenience, safety while making recurring payments

MUMBAI, India, July 23, 2020 —  Mumbai National Payment Corporation of India (NPCI) said that it has launched the functionality of UPI AutoPay for recurring payments. With this new facility introduced under UPI 2.0, customers can now enable recurring e-mandate using any UPI application for recurring payments such as mobile bills, electricity bills, EMI payments, entertainment/OTT subscriptions, insurance, mutual funds and loan payments, paying for transit/metro payments among others of upto Rs. 2000. If the amount exceeds Rs. 2000, customers have to execute every mandate with UPI PIN.

Any UPI-enabled application would also have a ‘Mandate’ section, through which customers can create, approve, modify, pause as well as revoke auto debit mandate. The mandate section will allow customers to view their past mandates for their reference and records. UPI users can create e-mandate through UPI ID, QR scan or Intent. The pattern for auto debit mandate has been created keeping in mind customers’ spends on recurring payments. The mandates can be set for one-time, daily, weekly, fortnightly, monthly, bi-monthly, quarterly, half yearly and yearly. 

Both, individual users and merchants can benefit from this feature tremendously, as mandates are generated instantly and payments get deducted automatically on the authorized date. The customers have to authenticate their account through UPI PIN for one-time and subsequent monthly payments would be debited automatically.

Some of the banks, merchants and aggregators who have already gone live with UPI AutoPay are Axis Bank, Bank of Baroda, HDFC Bank, HSBC Bank, ICICI Bank, IDFC Bank, IndusInd Bank, Paytm Payments Bank, AutoPe-Delhi Metro, AutoPe-Dish TV, CAMS Pay, Furlenco, Growfitter, Policy Bazaar, Testbook.com, The Hindu, Times Prime, Paytm, PayU, RazorPay, among others.Jio Payments Bank, State Bank of India, YES Bank and PhonePe will soon go live with UPI AutoPay. 

Nandan Nilekani Chairman and Co-Founder, Infosys Limited said,“UPI being the one stop destination for customers’ day-to-day spends,acts as a backbone of digital India. Introducing UPI AutoPay on UPI is a testament of continuous innovation in the digital payments space.This was also one of the key recommendations of the RBI Committee on Deepening of Digital Payments,which I chaired.It is a proud moment for the ecosystem to witness features like UPI AutoPay, which is technology driven that requires minimum human intervention.”

Rajnish Kumar, Chairman, SBI said,”We are glad to witness the launch of UPI AutoPay facility at this momentous event. We believe this unique facility would enable customers streamline their recurring bill payments and help them get rid of paying those bills manually. It is a pleasure to watch both banks and digital payment ecosystem collectively working towards providing utmost convenience to customers. We are confident that the coming years would bring in various innovative digital payments solutions keeping in mind customers ease of payments convenience and safety.”

Dilip Asbe, MD & CEO, NPCI said, “The launch of UPI AutoPay is a step ahead in India’s journey towards digitization. We have been witnessing a lot of changes in the way customers are making recurring payments over the last few years. The UPI AutoPay offering would provide millions of UPI user’s convenience and safety while making recurring payments. We believe, this facility will not only benefit customers, but also merchants with an all new recurring payments experience. We also hope to achieve new milestones by expanding UPI’s presence especially in the P2M payment space.”

With RBI continuously encouraging customers to adopt digital payments,offerings like the launch of UPI AutoPay would further attract customers to on-board UPI and witness a new arena of digital payments. The UPI 2.0 offers features such as overdraft facility, one-time mandate, invoice in the inbox and signed intent & QR and foreign inward remittance among others to the customers.

About NPCI

For more information, visit: https://www.npci.org.in/

Corporate contact:
Swagata Gupta
swagata.gupta@npci.org.in 
+91- 98200 88951

Adfactors PR:
Sumeet Chhabra      
+91-9619437559                                                           
Sumeet.Chhabra@adfactorspr.com    

Logo – https://techent.tv/wp-content/uploads/2020/07/npci-introduces-upi-autopay-facility-for-recurring-payment.jpg

Related Links :

http://www.npci.org.in/

OctaFX Fights Fraud on the Forex Market

KINGSTOWN, Saint Vincent and the Grenadines, July 20, 2020 — OctaFX is an international online broker who has been providing trading services worldwide over the last nine years. They have noticed a recent rise in the number of scammers who try to associate themselves with the company and defraud traders of their funds. 

The fake websites are not that easy to pinpoint at a glance. Some of the fraudsters started acquiring security certificates and using .com as their top-level domain so that the potential traders would not notice anything suspicious when looking at the address bar. 

One way traders can avoid being defrauded by OctaFX impersonators is by paying attention to the domain name itself. The broker regularly warns its clients about fake websites and social media accounts that use different variations of the OctaFX brand name. The company stresses that it only works under its official brand name. 

The OctaFX clients should also pay attention to the payment processing. The broker only processes payments through the client’s profile on the official website or the OctaFX Trading App and the OctaFX Copytrading App.

Fighting fraudsters on the Forex market is a complex task that requires effort from all parties involved. OctaFX is doing its best to take down fake websites and social media accounts. The team told us that it would be much harder without the trader community help. OctaFX is thankful to traders who diligently report fake websites and accounts that try to pass themselves off as the broker. 

About OctaFX 

OctaFX is a Forex broker providing online trading services worldwide since 2011. It offers a state-of-the-art trading experience to more than two million trading accounts. OctaFX has won more than 20 awards since its foundation, including the Best ECN Broker 2020 award from World Finance. The company is well-known for its social and charity activity. It also regularly conducts global and local promotion campaigns with valuable money and product prizes. 

Logo – https://techent.tv/wp-content/uploads/2020/07/octafx-fights-fraud-on-the-forex-market.jpg

Contact:
marketing@octafx.com 
+34-691-370-613

Related Links :

https://www.octafx.com

Jianpu Completes Registration of its Financial Services Application, Rong360, with China’s NIFA

BEIJING, July 17, 2020 — Jianpu Technology Inc. (“Jianpu,” or the “Company”) (NYSE: JT), a leading independent open platform for the discovery and recommendation of financial products in China, today announced that it has completed its registration and the required information filing for its mobile application, Rong360, with the National Internet Finance Association of China (“NIFA”), the national self-regulatory body for China’s internet finance industry that is backed by the People’s Bank of China (“PBOC”).

Mr. David Ye, Co-founder, Chairman and Chief Executive Officer of Jianpu, commented, “In our almost nine years of operations, Rong360 | Jianpu Technology has long been cultivating a strong track-record when it comes to user privacy protection, data encryption and information safety, treating the security and protection of user data as a critical component and highest priority of our business. We are pleased that the Rong 360 App is included amongst the select accredited list for registration with NIFA. It demonstrates the recognition by government authorities of our secure and reliable operation and service. We will continue to work directly alongside NIFA as we promote intelligent financial services, advance financial inclusion, reduce the barrier and cost of financial services and finally, ensure and encourage consumer rights protection and education.

“As mobile internet continues its expansion as an integral part of our daily lives, cybersecurity is more critical than ever. We will continue to embrace regulatory compliance and collaborate closely with regulators to promote the healthy and sustainable development of the digital finance service industry. With our proprietary technology capabilities and a strict user privacy protection mechanism in place, we remain dedicated to being everyone’s financial partner, providing personalized and convenient financial services to our users while firmly safeguarding their personal information,” Mr. Ye concluded.

PBOC has been tightening its oversight of financial mobile applications to reduce information-associated financial risks and protect user data privacy. In September 2019, it issued financial mobile application software security management specifications, and tasked NIFA to execute the mobile app registration process. Financial institutions, such as banks, brokerage houses, fund managers, insurance companies, payment service providers, and other ecosystem participants including FinTech companies, are encouraged to submit application and self-inspection reports on their financial services apps. NIFA is responsible for the registration and filing process, and publishes the list of accredited mobile applications accordingly.

About Jianpu Technology Inc.

Jianpu Technology Inc. is a leading independent open platform for discovery and recommendation of financial products in China. By leveraging its deep data insights and proprietary technology, Jianpu provides users with personalized search results and recommendations that are tailored to each user’s particular financial needs and credit profile. The Company also enables financial service providers with sales and marketing solutions to reach and serve their target customers more effectively through online and mobile channels and enhance their competitiveness by providing them with tailored data, risk management and end-to-end solutions. The Company is committed to maintaining an independent open platform, which allows it to serve the needs of users and financial service providers impartially. For more information, please visit http://ir.jianpu.ai.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident” and similar statements. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company’s goal and strategies; the Company’s future business development, financial condition and results of operations; the Company’s expectations regarding demand for, and market acceptance of, its solutions and services; the Company’s expectations regarding keeping and strengthening its relationships with users, financial service providers and other parties it collaborate with; general economic and business conditions; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in the Company’s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law.

For investor and media inquiries, please contact:

In China:
Jianpu Technology Inc.
Oscar Chen
Tel: +86 (10) 6242-7068
E-mail: IR@rong360.com

The Piacente Group, Inc.
Jenny Cai
Tel: +86 (10) 6508-0677
E-mail: jianpu@tpg-ir.com

In the United States:
The Piacente Group, Inc. 
Brandi Piacente
Tel: +1-212-481-2050
E-mail: jianpu@tpg-ir.com

Related Links :

http://www.x9.cn

AGM Group Holdings Inc. Signs MOU with Australia-Based Brokerage Firm to Jointly Promote Its Newly Launched FXSC Platform

BEIJING, July 15, 2020 — AGM Group Holdings Inc. (“AGMH” or the “Company”) (NASDAQ: AGMH), an application software company providing accounting and ERP software, fintech software, and trading education software and website service, today announced that AGM Technology Limited (“AGMTech”), a wholly-owned subsidiary of the Company, entered into a Memorandum of Understanding (“MOU”) with GMTK Global Pty Ltd. (“GMTK”), a Australia-based brokerage firm, to jointly promote the Company’s newly launched online trading education and social trading network platform FXSC in the Australia market. A binding contract or partnership agreement is expected to be negotiated on or before August 15, 2020.

Wenjie Tang, Chief Executive Officer of AGMH, commented, “FXSC is a virtual trading education and social trading platform that we launched at the beginning of the month. With innovative features, such as tiered trading contest with prizes and incentives, and real-time multi-party interaction, FXSC offers enhanced experience for all levels of users. We are thrilled to have the opportunity to penetrate the Australian market through a potential partnership with GMTK and looking forward to firming up the relationship with GMTK in coming weeks.”  

About AGM Group Holdings Inc.

Incorporated in April 2015 and headquartered in Beijing, China, AGM Group Holdings Inc. is an application software company, currently conducting three main business: 1) accounting and ERP software, 2) fintech software, and 3) trading education software and website service. For more information, please visit www.agmprime.com.

Forward Looking Statements

This news release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and 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,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. All statements other than statements of historical fact in this press release are forward-looking statements and involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. These forward-looking statements are based on management’s current expectations, assumptions, estimates and projections about the Company and the industry in which the Company operates, but involve a number of unknown risks and uncertainties, Further information regarding these and other risks is included in the Company’s filings with the U.S. Securities and Exchange Commission. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and actual results may differ materially from the anticipated results. You are urged to consider these factors carefully in evaluating the forward-looking statements contained herein and are cautioned not to place undue reliance on such forward-looking statements, which are qualified in their entirety by these cautionary statements.

For more information, please contact:

At the Company:
Email: ir@agmprime.com

Investor Relations:
Tony Tian, CFA         
Weitian Group LLC
Email: ttian@weitianco.com
Phone: +1-732-910-9692

Mercurity Fintech Holding Inc. Announced Changes to Board Composition

BEIJING, July 11, 2020 — Mercurity Fintech Holding Inc. (the “Company” or “MFH”) (Nasdaq: MFH) today announced that Mr. Samuel Y. Shen has been appointed as independent director to the Company’s board of directors (the “Board”) and a member of the compensation committee of the Board. Concurrently, Mr. Min Zhou has resigned from the Board, the audit committee of the Board and the compensation committee of the Board for personal reasons. These changes were effective on July 9, 2020.

Mr. Samuel Y. Shen has been in the internet and technology industries for more than 20 years. He currently serves as executive chairman for new retail business group at 21Vianet Group, Inc. (Nasdaq: VNET), a leading carrier- and cloud-neutral Internet data center services provider in China. In 2020, he also co-founded Apurimac Partners Inc., a private investment firm with focus on digital real estate and edge computing industries, and serves as its founding partner. Prior to that, Mr. Shen was president for JD Cloud, a full blown public cloud provider in China and a wholly owned subsidiary of JD.com, Inc. (Nasdaq: JD) from 2017 to 2020. Mr. Shen also had a 23-year career at Microsoft (Nasdaq: MSFT) taking various leadership roles, during which he worked at the head quarter and international subsidiaries from 1993 to 2017. His most recent position at Microsoft was chief operating officer and managing director for the Cloud & Enterprise Group of Microsoft Asia-Pacific Research & Development Group. Mr. Shen received his Bachelor of Science degree in chemistry from National Tsing Hua University in 1986 and his Master of Science degree in computer science from University of California, Santa Barbara in 1991. From 2001 to 2002, he also attended executive class program at Northwestern University Kellogg School of Management.

Ms. Hua Zhou, Chairperson of the Board and Chief Executive Officer, commented, “On behalf of the Board, I would like to thank Mr. Min Zhou for his contribution to the Company and wish him every success in the future. At the same time, we are pleased to welcome Mr. Samuel Y. Shen as our new Board member. His extensive leadership experience and corporate governance expertise in the internet and technology industry will provide us with valuable guidance as we continue to grow our business.”

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “aim,” “anticipate,” “believe,” “estimate,” “expect,” “hope,” “going forward,” “intend, ” “ought to, ” “plan, ” “project,” “potential,” “seek,” “may,” “might,” “can,” “could,” “will,” “would,” “shall,” “should,” “is likely to” and the negative form of these words and other similar expressions. Among other things, statements that are not historical facts, including statements about the Company’s beliefs and expectations are or contain forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement. All information provided in this press release is as of the date of this press release and is based on assumptions that the Company believes to be reasonable as of this date, and the Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

Contact:
Xingyan Gao
Mercurity Fintech Holding Inc.
ir@mercurity.com
Tel: +86 (10) 5360-6428

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