SCB

Introducing the $60M Axelar Ecosystem Startup Funding Program

Retrieved on: 
Monday, December 19, 2022
Security, Blockchain, Apps, Applications, Technology, Web3, Networks, Internet, Cosmos, Ethereum, Internet, Communication, Polka dot, 61 Cygni, Avalanche, SCB, Growth, DAPP, Dapp, Osmosis, API, Olaf Carlson-Wee, Documentation, Cryptocurrency, Online shopping, Binance

Axelar, delivering secure interchain communication across Web3, announces the $60 million Axelar Ecosystem Startup Funding Program.

Key Points: 
  • Axelar, delivering secure interchain communication across Web3, announces the $60 million Axelar Ecosystem Startup Funding Program.
  • “With the Axelar Ecosystem Startup Funding Program, Axelar and its investment partners will back a new generation of Web3 startups that are poised to change that flow.”
    The Axelar Ecosystem Startup Funding Program is designed to nurture a pipeline of developers building Web3 products that are better than anything on the centralized web.
  • The Axelar Ecosystem Startup Funding Program will establish a connection between investors who share this vision, and the flow of new developers building interchain dApps that use Axelar as infrastructure to make it a reality.
  • The Axelar Ecosystem Startup Funding Program welcomes new Web3 builders who aim for mass adoption and impact.

Akulaku Announces $200 Million Investment from MUFG

Retrieved on: 
Monday, December 26, 2022
GMV, LLP, Global Commercial Credit, Mitsubishi UFJ Financial Group, History, US, Siam Commercial Bank, Morgan Stanley, Knowledge, Partnership, SCB, Growth, Insurance, Risk management, Neobank, Acquisition, MUFG, MUFG Bank, Financial services, Bank

JAKARTA, Indonesia, Dec. 26, 2022 /PRNewswire/ -- Akulaku ("the Company"), a leading banking and digital finance platform in Southeast Asia, today announced a $200 million investment from Japanese megabank Mitsubishi UFJ Financial Group (MUFG). The investment provides additional support for Akulaku's projected growth as it advances towards its mission of providing banking services across Southeast Asia with an emphasis on reaching underserved customers and markets. The Company's future growth plans align with MUFG's, and the companies' joint expansion into new territories, markets, and products will accelerate heading into 2023. This is the second strategic investment in the Company this year, following the US$100 million in funding closed from Siam Commercial Bank ("SCB"), Thailand's leading full-service bank, in the beginning of 2022.

Key Points: 
  • JAKARTA, Indonesia, Dec. 26, 2022 /PRNewswire/ -- Akulaku ("the Company"), a leading banking and digital finance platform in Southeast Asia, today announced a $200 million investment from Japanese megabank Mitsubishi UFJ Financial Group (MUFG).
  • Along with the investment, Akulaku and MUFG will enter into a framework agreement for Akulaku to work with MUFG companies across Southeast Asia on technology, product development, financing, and distribution.
  • Our investment in Akulaku will further solidify our commitment in this region to meet growing financial needs of underserved customers.
  • Akulaku exists to help meet the daily financial needs of underserved customers in emerging markets through digital banking, digital financing, digital investment, and insurance brokerage services.

Social Capital Builders and Capital One to Launch Opportunity Connections Program

Retrieved on: 
Thursday, December 1, 2022
Social capital, Organization, Capital One, Student, Capital, Partnership, School, Black, Maintenance, Research, Education, Racism, De Jesus, Partners for Community Impact, How to Change Your Mind, SCB, Management, Tourism

COLUMBIA, Md., Dec. 1, 2022 /PRNewswire-PRWeb/ -- Social Capital Builders (SCB), a Black-owned social enterprise that provides social capital education and training to a range of organizations across the U.S., in partnership with Youth Action YouthBuild (YAYB), received funding from Capital One to launch a new pilot program called Opportunity Connections.

Key Points: 
  • Social Capital Builders (SCB), a Black-owned social enterprise that provides social capital education and training to a range of organizations across the U.S., in partnership with Youth Action YouthBuild (YAYB), received funding from Capital One to launch a new pilot program called Opportunity Connections.
  • COLUMBIA, Md., Dec. 1, 2022 /PRNewswire-PRWeb/ -- Social Capital Builders (SCB), a Black-owned social enterprise that provides social capital education and training to a range of organizations across the U.S., in partnership with Youth Action YouthBuild (YAYB), received funding from Capital One to launch a new pilot program called Opportunity Connections.
  • Opportunity Connections participants will receive nine weeks of social capital literacy education, followed by 15 weeks of hourly social capital-building support.
  • About Social Capital Builders: Social Capital Builders, Inc. (SCB) is a Black-owned and operated social enterprise whose mission is to raise the social capital literacy and connections of 1 million youth and adults by 2025.

ITOK Clarifies Press Release and Provides Update on Proposed Business Combination with 2413017 Alberta Ltd

Retrieved on: 
Thursday, November 24, 2022
COVID-19, Private placement, Production sharing agreement, Policy, TSX, Disclosure, Petroleum, Government, FCB, National instrument, News, Canada Business Corporations Act, Government of Belize, Transaction, PSA, Technische Universität Darmstadt, Qualification, Acquisition, SCB, Person, Oil, Security (finance), Bank, Cryptocurrency, Corporation

ITOK and 241 have entered into a non-binding letter of intent with respect to the Transaction dated as of June 27, 2022.

Key Points: 
  • ITOK and 241 have entered into a non-binding letter of intent with respect to the Transaction dated as of June 27, 2022.
  • The Transaction is expected to constitute the Qualifying Transaction of ITOK as defined in the policies of the TSX Venture Exchange Inc. ("TSXV").
  • ITOK is a Capital Pool Company as defined by the policies of the TSXV that was incorporated under the Business Corporations Act (Alberta) on January 21, 2005.
  • ITOK's principal business activity is to identify and evaluate opportunities for acquisition of assets or business.

OKX Appoints Experienced International Finance Lawyer Nicole Purin as Deputy General Counsel

Retrieved on: 
Thursday, November 17, 2022
Decentralized finance, Parity, MTV Europe Music Award for Best Africa, Middle East and India Act, OKX, Tribeca Film Festival, F1, Female, Empowerment, Mayer Brown, Market share, McLaren, Non-fungible token, Formula One, Ecosystem, Private practice, Family, Woman, Premier League, Standard Chartered, SCB, Cryptocurrency, Blockchain, Nicole

VICTORIA, Seychelles, Nov. 17, 2022 (GLOBE NEWSWIRE) -- OKX , a world-leading crypto trading app and Web3 ecosystem, today announced the appointment of Nicole Purin as its Deputy General Counsel, based in Dubai, UAE.

Key Points: 
  • VICTORIA, Seychelles, Nov. 17, 2022 (GLOBE NEWSWIRE) -- OKX , a world-leading crypto trading app and Web3 ecosystem, today announced the appointment of Nicole Purin as its Deputy General Counsel, based in Dubai, UAE.
  • Nicole is an experienced international finance lawyer who has worked with trad-fi heavyweights across investment banking, derivatives and capital markets.
  • Nicole joins OKX from Standard Chartered Bank (SCB), Dubai, where she was Senior Legal Counsel, Financial Markets, Africa & Middle East.
  • Nicole Purin, Deputy General Counsel, OKX, said: I am glad to be joining OKX and the crypto industry at such an exciting time.

Opn Enters U.S. Market with Acquisition of MerchantE, Creating a Leading Global Payment Solutions Company

Retrieved on: 
Tuesday, November 15, 2022
Online Retail, Technology, Professional Services, Payments, Electronic Commerce, Digital Cash Management, Digital Assets, Retail, Software, Internet, Fintech, Finance, Siam Commercial Bank, Partnership, News, Merchant services, Toyota, Acquisition, Magento, SCB, Growth, Organization, Commerce, Toyota Financial Services, TrueMoney, Online shopping

The acquisition will accelerate Opns growth and innovation in this significant market to create a leading global payment solutions provider.

Key Points: 
  • The acquisition will accelerate Opns growth and innovation in this significant market to create a leading global payment solutions provider.
  • MerchantEs robust backend technology strongly complements Opns one-stop online payment and digital transformation solutions.
  • With the acquisition, Opns global footprint now spans seven countries, including the U.S., the largest growing market for embedded finance solutions, which is expected to more than double to over US$50 billion by 2026.
  • It is a top 25 provider of payment processing in the U.S. For more information on MerchantE please visit www.merchante.com .

Integrum Sells MerchantE to Opn

Retrieved on: 
Tuesday, November 15, 2022
Ecosystem, Growth, Commerce, Technology, Merchant services, Acquisition, Siam Commercial Bank, Partnership, Sale, Company, Investment, CEO, Restitutio ad integrum, Toyota, SCB, Solution, Online shopping, Bank

Headquartered in Alpharetta, Georgia, MerchantE serves the complex needs of mid-market B2B customers through unique integrations and end-to-end payment processing capabilities.

Key Points: 
  • Headquartered in Alpharetta, Georgia, MerchantE serves the complex needs of mid-market B2B customers through unique integrations and end-to-end payment processing capabilities.
  • "While we continue to see tremendous opportunity to continue building and growing the MerchantE platform, we and our management team partners believe that joining with Opn presents a compelling opportunity to accelerate the Company's growth and realize unique synergies," said Integrum co-founders Ursula Burns and Tagar Olson.
  • "Given current market conditions and having made substantial progress against our value creation plan, we determined that this is the right time to exit our investment in MerchantE."
  • I am confident that MerchantE and Opn will create a strong partnership together, and I am pleased to welcome the MerchantE team to our combined company."

Pepperstone launches 'Open Outcry' - the newest edition to its suite of podcasts

Retrieved on: 
Tuesday, October 11, 2022
Globe, Cyprus Securities and Exchange Commission, Australian Securities and Investments Commission, Apple, Dubai Financial Services Authority, Sky News Business Channel, SCB, FCA, ASIC, Securities and Exchange Commission, Investment, Capital Markets Authority of Uganda, Market risk, CMA, APAC, IG, Capital market, Open outcry, DFSA, Research, FX, Federal, Federal Financial Supervisory Authority, Trade-off, Credit Suisse, Music, CNA (TV network), Mace Head Atmospheric Research Station, UK, Industry, LATAM, CFD, Morgan Stanley, Securities commission, Apple Music, Merrill (company), Financial adviser, Bank, Pepperstone, Spotify, Bloomberg

Following its huge success and market demand for more of its type, Chris Weston has teamed up with Pepperstone's Head of Product, Scott Redford to bring Pepperstone's newest edition to its suite of podcasts, Open Outcry.

Key Points: 
  • Following its huge success and market demand for more of its type, Chris Weston has teamed up with Pepperstone's Head of Product, Scott Redford to bring Pepperstone's newest edition to its suite of podcasts, Open Outcry.
  • Similarly, Open Outcry, is also a fun, fast-paced, digestible, and entertaining podcast with a focus on helping traders make sense of the news flow across global markets.
  • Scott Redford, a ten year veteran of the CFD industry, is Pepperstone's Global Head of Product on the Market Risk team.
  • At Pepperstone, he works tirelessly to ensure that our offering is as competitive and compelling as clients have come to expect; keeping spreads tight, execution razor-fast and liquidity deep.

Pepperstone launches 'Open Outcry' - the newest edition to its suite of podcasts

Retrieved on: 
Tuesday, October 11, 2022
Globe, Cyprus Securities and Exchange Commission, Australian Securities and Investments Commission, Apple, Dubai Financial Services Authority, Sky News Business Channel, SCB, FCA, ASIC, Securities and Exchange Commission, Investment, Capital Markets Authority of Uganda, Market risk, CMA, APAC, IG, Capital market, Open outcry, DFSA, Research, FX, Federal, Federal Financial Supervisory Authority, Trade-off, Credit Suisse, Multimedia, Music, CNA (TV network), Mace Head Atmospheric Research Station, UK, Industry, LATAM, CFD, Morgan Stanley, Securities commission, Apple Music, Merrill (company), Financial adviser, Bank, Pepperstone, Spotify, Bloomberg

Following its huge success and market demand for more of its type, Chris Weston has teamed up with Pepperstone's Head of Product, Scott Redford to bring Pepperstone's newest edition to its suite of podcasts, Open Outcry.

Key Points: 
  • Following its huge success and market demand for more of its type, Chris Weston has teamed up with Pepperstone's Head of Product, Scott Redford to bring Pepperstone's newest edition to its suite of podcasts, Open Outcry.
  • Similarly, Open Outcry, is also a fun, fast-paced, digestible, and entertaining podcast with a focus on helping traders make sense of the news flow across global markets.
  • The interest for our Pepperstone insights has been extremely promising, and we look forward to delivering more market insights to our traders more regularly, in this format and beyond".
  • Scott Redford, a ten year veteran of the CFD industry, is Pepperstone's Global Head of Product on the Market Risk team.

Sweden Construction Market Size, Trends and Forecasts 2022-2026 - ResearchAndMarkets.com

Retrieved on: 
Friday, September 30, 2022
Other Construction & Property, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, RRF, Construction, SCB, Risk, Swedish Maritime Administration, Vaccination, European Commission, Growth, Assessment, Industry, Forecasting, Electricity, Yoy, Commercial, Sector, Royal commission, Renewable energy, Oil, Risk management

The "Sweden Construction Market Size, Trends and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis, 2022-2026" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Sweden Construction Market Size, Trends and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis, 2022-2026" report has been added to ResearchAndMarkets.com's offering.
  • The Swedish construction industry is expected to grow by 1.5% in real terms in 2022, following marginal growth of 0.4% in 2021 and 0.9% in 2020.
  • Historical (2017-2021) and forecast (2022-2026) valuations of the construction industry in Sweden, featuring details of key growth drivers.
  • Assess market growth potential at a micro-level with over 600 time-series data forecasts.