GRID Raises $12M in Series A Funding led by NEA

Cision PR Newswire | August 26, 2020

GRID, the SaaS startup with a mission to revolutionize the way people work with data and numbers, today announced that it has closed a $12M Series A funding round led by New Enterprise Associates (NEA), one of the world's largest and most active venture capital firms, with participation from existing investors BlueYard Capital, Slack Fund, Acequia Capital and other strategic partners. This financing will enable the company to bring its product to market and will power accelerated product development.GRID was founded in the fall of 2018 by entrepreneur and data enthusiast Hjalmar Gislason and a group of fellow software veterans. With a strong background in data services and analytics, the team recognized that any journey to change the way knowledge workers deal with data begins with spreadsheets. Leveraging everyday people's existing spreadsheet skills and assets, GRID does for Excel and Google Sheets what data science notebooks have done for Python and R, making communication and reporting of data and models easier and more powerful.

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The attack against the dollar continues as the eastern nations wake up from western financial aggression. The call to diversify away from dollar denomination is now increasing as more financial experts speak out. What do you think?


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BITCOIN AND CRYPTO

tZERO Crypto App Adds Three New Crypto Assets, Growing Supported Assets by 350% YoY

tZERO | January 03, 2022

tZERO, a leader in blockchain innovation and liquidity for digital assets, announced today that the tZERO Crypto app, a cryptocurrency trading platform, launched support of Polygon (MATIC), Enjin Coin (ENJ), and Maker (MKR), increasing its cryptocurrency offering to 18 coins, over a 3x increase compared to December 2020. Having significantly increased the number of coins on the tZERO Crypto app in 2021, we are proud to offer our users a robust crypto offering as a part of our planned merged, UX-first cross-asset experience. We plan to continue to increase the number and range of attractive and compliant assets and adjacent products and services on our platform in 2022.” tZERO Interim CEO and Chief Legal Officer Alan Konevsky Important Risk Information Investors should note that trading securities could involve substantial risks, including no guarantee of returns, costs associated with selling and purchasing, no assurance of liquidity, which could impact the price and ability to sell, and possible loss of principal invested. Further, an investment in single security could mean lack of diversification and, consequently, higher risk. Potential investors are urged to consult a professional adviser regarding any economic, tax, legal or other consequences of trading any securities as described herein. No Offer, Solicitation, Investment Advice or Recommendations This release is for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation for any security, nor does it constitute an offer to provide investment advisory or other services by tZERO or any of its affiliates, subsidiaries, officers, directors or employees. No reference to any specific security constitutes a recommendation to buy, sell, or hold that security or any other security. Nothing in this release shall be considered a solicitation or offer to buy or sell any security, future, option or other financial instrument or to offer or provide any investment advice or service to any person in any jurisdiction. Nothing contained in this release constitutes investment advice or offers any opinion with respect to the suitability of any security, and the views expressed in this release should not be taken as advice to buy, sell or hold any security. In preparing the information contained in this release, we have not taken into account the investment needs, objectives, and financial circumstances of any particular investor. This information has no regard to the specific investment objectives, financial situation, and particular needs of any specific recipient of this information and investments discussed may not be suitable for all investors. Any views expressed in this release by us were prepared based upon the information available to us at the time such views were written. Changed or additional information could cause such views to change. All information is subject to possible corrections. Information may quickly become unreliable for various reasons, including changes in market conditions or economic circumstances. About tZERO tZERO Group, Inc. (tZERO) and its broker-dealer subsidiaries provide an innovative liquidity platform for private companies and assets. We offer institutional-grade solutions for issuers looking to digitize their capital table through blockchain technology, and trade on a regulated alternative trading system. tZERO, through its broker-dealer subsidiaries, democratizes access to private assets by providing a simple, automated, and efficient trading venue to broker-dealers, institutions, and investors. tZERO is not a registered broker-dealer, funding portal, underwriter, investment bank, investment adviser or investment manager, and is not providing brokerage, investment banking or underwriting services, recommendations or investment advice to any person, and does not provide any brokerage services. tZERO takes no part in the negotiation or execution of secondary market transactions for the purchase or sale of securities and at no time has possession of investor funds or securities in connection with such transactions. About tZERO Crypto tZERO Crypto, Inc. is a wholly owned subsidiary of tZERO Group, Inc. tZERO Crypto, Inc. and tZERO Group, Inc. are not registered broker-dealers, underwriters, investment banks, or investment advisers, and are not providing brokerage, investment banking or underwriting services, recommendations or investment advice to the users of the tZERO Crypto app. No broker-dealer affiliate of tZERO Group, Inc. is involved in the transactions and services offered by the tZERO Crypto App. tZERO Crypto, Inc. is licensed as an authorized money transmitter in every jurisdiction in which it does business that requires such authorization. tZERO Crypto relies upon third-party services to provide fiat and virtual currency custody services to its customers.

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Visa Inc. Recommends Class A Common Stockholders Reject Mini-Tender Offer by Ponos Industries LLC

Visa | July 29, 2020

Visa Inc. (NYSE: V) has been notified of an unsolicited “mini-tender offer” by Ponos Industries LLC to purchase up to 1 million shares of its Class A common stock, representing approximately 0.06% of Visa’s outstanding shares of Class A common stock. Ponos’ offer price of $210.00 is 9.06% above the closing price of Visa’s Class A common stock on July 10, 2020, the last trading day prior to the date of the offer. While this price is presently above the current market price of Visa’s Class A common stock, the offer is subject to numerous conditions, including that (i) Ponos has obtained sufficient financing to consummate the offer and (ii) the closing price of Visa’s Class A common stock on the last day of trading prior to the offer’s expiration date exceeds the $210.00 offer price.

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FINANCIAL MANAGEMENT

PRA Group Announces Refinancing of European Credit Facilities

PRA Group, Inc. | April 05, 2022

PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, announced today that on April 1, 2022, it completed the refinancing of its European credit facilities. This refinancing includes a new $800 million UK credit facility and an amended and resized $750 million credit facility covering the rest of Europe, excluding the UK. The new UK facility includes a diverse group of both new and existing lenders that participate in both the North American and European credit facilities. Our global bank group has been extremely supportive through the entire process. We are appreciative of the significant commitments from our long-time banking partners and pleased to welcome new members to the bank group. This refinancing provides us with additional flexibility, further diversifies our lending group, and decreases overall borrowing costs. We appreciate the continued partnership and ongoing support from our lenders." Pete Graham, executive vice president and chief financial officer for PRA Group, Inc. About PRA Group, Inc. As a global leader in acquiring and collecting nonperforming loans, PRA Group, Inc. returns capital to banks and other creditors to help expand financial services for consumers in the Americas, Europe and Australia. With thousands of employees worldwide, PRA Group, Inc. companies collaborate with customers to help them resolve their debt.

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FINANCIAL MANAGEMENT

Standard Chartered Expands Sustainable Finance Solutions With Sustainable Demand Deposit Account

Standard Chartered | May 12, 2022

Standard Chartered (“Bank”) today announced the launch of its Sustainable Account. This new product, with the characteristics of a Demand Deposit Account, provides large corporates with the opportunity to contribute to sustainable development whilst maintaining daily access to their finances for their intraday liquidity management needs. Deposits in Sustainable Accounts are used to fund sustainable projects based on the Bank’s Green and Sustainable Product Framework, which is aligned with the United Nations Sustainable Development Goals (SDGs). The surplus cash will be used in tackling some of the world’s most significant long-term threats, including climate change, quality education, clean energy, and financial exclusion. Financial institutions are in a unique position to play a role in social and economic prosperity by facilitating how clients can contribute to sustainable development, Our Sustainable Deposit platform allows clients to meet their liquidity needs and their sustainability goals in a flexible and transparent manner where funds will be referenced against sustainable loans and projects.” George Lee, Head of Transaction Banking at Standard Chartered Americas. The Bank’s Sustainable Account offering is part of its suite of sustainable solutions ranging from Sustainable Trade Finance solutions, Bonds and sustainable advisory services. Sustainable Deposits were first launched in 2019 as fixed term deposits, and deposits broke the $2 bn mark in May 2020 with companies such as Southwire tapping this solution to advance its Environmental, Social and Governance goals. About Standard Chartered We are a leading international banking group, with a presence in 59 of the world’s most dynamic markets, and serving clients in a further 83. Our purpose is to drive commerce and prosperity through our unique diversity, and our heritage and values are expressed in our brand promise, here for good. Our history in the US dates back to 1902, and we are currently present in eight locations throughout the Americas. Our Americas franchise focuses on financial institutions and select corporates and plays a key role in facilitating trade and investment flows between the Americas and Asia, Africa, and the Middle East.

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Spotlight

The attack against the dollar continues as the eastern nations wake up from western financial aggression. The call to diversify away from dollar denomination is now increasing as more financial experts speak out. What do you think?

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