MercadoLibre

SWVL FURTHER STRENGTHENS TECHNOLOGY LEADERSHIP WITH ADDITIONS OF NAMI MUFTI (EX-SPOTIFY HEAD OF SECURITY), URIEL JAROSLAWSKI (EX-QUICKO CPO & CTO), ANDRII DZYNIA (EX-SMARTBEAR DIRECTOR OF ENGINEERING), MARTIJN PIETERS (EX-FACEBOOK SENIOR ENGINEER) AND HAR

Retrieved on: 
Tuesday, March 22, 2022

DUBAI, UAE, March 22, 2022 /PRNewswire/ -- Swvl Inc. ("Swvl" or the "Company"), a global provider of transformative tech-enabled mass transit solutions, today announced five senior additions to its global technology team: Nami Mufti, Head of Security; Uriel Jaroslawski, Head of B2C Engineering; Andrii Dzynia, Head of B2B Engineering; Martijn Pieters, Principal Engineer; and Haroon Rasheed, Head of SRE. Each individual brings extensive technology experience to Swvl and will enhance the Company's ability to continue scaling its platform in key markets.

Key Points: 
  • Each individual brings extensive technology experience to Swvl and will enhance the Company's ability to continue scaling its platform in key markets.
  • Mostafa Kandil, Swvl Founder and CEO, said, "We are pleased to welcome Nami, Uriel, Andrii, Martijn and Haroon to Swvl's technology team.
  • Their expertise, diversity and differentiated perspectives will be instrumental as we continue to rapidly scale our platform across LatAm, Europe and Asia.
  • Mr. Mufti is a seasoned information security expert with over 20 years of experience in cyber risk management.

Qualtrics Honors Brands Delivering Personalized Experiences Through 2021 Qualtrics XM Breakthrough Artist Awards

Retrieved on: 
Monday, March 14, 2022

Qualtrics (Nasdaq: XM), the leader and creator of the experience management category, today announced the winners of the 2021 XM Breakthrough Artists awards, recognizing leaders and innovators who are creating breakthrough experiences.

Key Points: 
  • Qualtrics (Nasdaq: XM), the leader and creator of the experience management category, today announced the winners of the 2021 XM Breakthrough Artists awards, recognizing leaders and innovators who are creating breakthrough experiences.
  • Were incredibly proud of the work they've done to create breakthrough experiences for customers and employees.
  • For example, Mercado Libre switched from email to WhatsApp to ask its third-party sellers about their experiences working with the company.
  • To learn more about the XM Breakthrough Artist Awards and this years winners, visit https://www.qualtrics.com/breakthrough-awards/ .

Yuno raises US$10M seed round to solve online payments in Latin America

Retrieved on: 
Thursday, March 10, 2022

Companies of all sizes across Latin America continuously face challenges in managing multiple payment methods and fraud detection tools for accepting online payments.

Key Points: 
  • Companies of all sizes across Latin America continuously face challenges in managing multiple payment methods and fraud detection tools for accepting online payments.
  • "Accepting and optimizing online payments shouldn't be a pain for companies.
  • Yuno is already working with several large-sized e-commerce companies in Latin America, helping them reallocate resources from payments and fraud into their core business while dramatically improving their checkout conversions.
  • We have already experienced the problem of optimizing payments at Rappi and have created a successful solution for the company.

PAXOS SECURES IN-PRINCIPLE APPROVAL FOR MAJOR PAYMENTS INSTITUTION LICENSE FROM THE MONETARY AUTHORITY OF SINGAPORE

Retrieved on: 
Thursday, March 10, 2022

With this license, Paxos becomes one of the first blockchain services providers to meet the highest standard of regulation in both New York and Singapore.

Key Points: 
  • With this license, Paxos becomes one of the first blockchain services providers to meet the highest standard of regulation in both New York and Singapore.
  • MAS introduced the Payments Services Act as a framework for financial services companies to safely expand into the digital asset ecosystem, and with its Major Payments Institution License, Paxos is now able to offer its leading digital asset and blockchain products and services to customers domiciled in Singapore.
  • Rich Teo, Co-Founder and CEO, Paxos Asia, commented, "We founded Paxos in Singapore in 2012 because of this jurisdiction's forward-thinking approach to innovation and oversight.
  • With offices in New York, London and Singapore, Paxos takes a global approach to modernizing the financial system.

Brazil Embedded Finance Markets and Investment Opportunities Report 2022: Market is Expected to Grow by 45.3% to Reach $3.74 Billion in 2022 - Forecasts to 2029 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, March 9, 2022

Brazil's Embedded Finance industry is expected to grow by 45.3% on annual basis to reach US$3,741.9 million in 2022.

Key Points: 
  • Brazil's Embedded Finance industry is expected to grow by 45.3% on annual basis to reach US$3,741.9 million in 2022.
  • The embedded finance industry is expected to grow steadily over the forecast period, recording a CAGR of 27.0% during 2022-2029.
  • The embedded finance revenues in the country will increase from US$3,741.9 million in 2022 to reach US$13,747.5 million by 2029.
  • This growth in the embedded insurance space can be primarily attributed to the growing number of insurtech firms emerging in Brazil.

VALOREO Announces $80 million Series B Investment Led by L Catterton

Retrieved on: 
Thursday, February 24, 2022

MEXICO CITY, Feb. 24, 2022 /PRNewswire/ -- VALOREO ("the Company"), the next gen e-commerce holding company, announced that it has successfully completed an $80 million Series B fundraising round led by the Latin America fund of L Catterton, the largest global consumer-focused private equity firm, with participation from other select investors.

Key Points: 
  • MEXICO CITY, Feb. 24, 2022 /PRNewswire/ -- VALOREO ("the Company"), the next gen e-commerce holding company, announced that it has successfully completed an $80 million Series B fundraising round led by the Latin America fund of L Catterton, the largest global consumer-focused private equity firm, with participation from other select investors.
  • VALOREO has hired over 200 employees securing top talent in operations, technology, and acquisitions.
  • We have experienced blockbuster growth, and with L Catterton's support, we will solidify our position as the leading next gen e-commerce holding company in Latin America.
  • For more information about L Catterton, please visit lcatterton.com.

MercadoLibre, Inc. to Report Fourth Quarter 2021 Financial Results

Retrieved on: 
Thursday, February 17, 2022

MONTEVIDEO, Uruguay, Feb. 17, 2022 (GLOBE NEWSWIRE) -- MercadoLibre, Inc. (Nasdaq: MELI) (http://www.mercadolibre.com) intends to release financial results for its fourth fiscal quarter ended December 31st, 2021, on February 22nd, 2022.

Key Points: 
  • MONTEVIDEO, Uruguay, Feb. 17, 2022 (GLOBE NEWSWIRE) -- MercadoLibre, Inc. (Nasdaq: MELI) (http://www.mercadolibre.com) intends to release financial results for its fourth fiscal quarter ended December 31st, 2021, on February 22nd, 2022.
  • The Company will host a conference call and audio webcast on February 22nd, at 4:30 p.m. Eastern Time.
  • The conference call may be accessed by dialing (877) 303-7209 / (970) 315-0420 (Conference ID 2894134 ) and requesting inclusion in the call for MercadoLibre.
  • The live conference call can be accessed via audio webcast at the investor relations section of the Company's website, at http://investor.mercadolibre.com.

Pedro Arnt, MercadoLibre CFO, joins Aleph Group's Board of Directors

Retrieved on: 
Thursday, February 17, 2022

Arnt is widely recognized for his C-Level experience at MercadoLibre, one of the most successful global marketplaces and fintech companies.

Key Points: 
  • Arnt is widely recognized for his C-Level experience at MercadoLibre, one of the most successful global marketplaces and fintech companies.
  • MercadoLibreinvested in Aleph in 2021, and is collaborating with Aleph to monetize advertising space on its digital properties in countries where MercadoLibre does not have local sales operations.
  • Further, MercadoLibre and Aleph will partner to explore and collaborate on new business development opportunities in digital advertising.
  • "Pedro is a tremendous addition to the Board at a critical time in our corporate history as Aleph begins its next chapter.

Paxos Congratulates the Securities and Exchange Commission on its Proposal to Shorten Settlement Cycles

Retrieved on: 
Wednesday, February 16, 2022

We applaud Chair Gensler's focus on improving efficiencies and reducing risk in equity settlement cycles.

Key Points: 
  • We applaud Chair Gensler's focus on improving efficiencies and reducing risk in equity settlement cycles.
  • Chair Gensler's efforts can improve not only the efficiency and effectiveness of US securities markets but can also support increased competition and global competitiveness.
  • Even before Chair Gensler's comments, Paxos sought and received, on October 28, 2019, no-action relief to conduct a feasibility study of the Paxos Settlement Service.
  • With offices in New York, London and Singapore, Paxos takes a global approach to modernizing the financial system.

Paxos Welcomes Ben Gray as Global General Counsel as it Targets Powering One Billion Consumer Wallets in 2022

Retrieved on: 
Thursday, February 3, 2022

NEW YORK, Feb. 3, 2022 /PRNewswire/ -- Paxos , the leading regulated blockchain infrastructure platform, appointed Ben Gray as Global General Counsel.

Key Points: 
  • NEW YORK, Feb. 3, 2022 /PRNewswire/ -- Paxos , the leading regulated blockchain infrastructure platform, appointed Ben Gray as Global General Counsel.
  • Gray joins Paxos from Block (formerly Square), where he oversaw global compliance and legal teams across product lines, business functions and geographies.
  • 2022 will be another year of record expansion as Paxos expects its infrastructure will power more than one billion consumer wallets by year end.
  • With offices in New York, London and Singapore, Paxos takes a global approach to modernizing the financial system.