NEW YORK & TOKYO-Friday 1 November 2019 [ AETOS Wire ]

(BUSINESS WIRE)-- The We Company (“WeWork” or the “Company”) and SoftBank Group Corp. (“SoftBank”) today announced that WeWork has received $1.5 billion in funding, which was an acceleration of the existing payment obligation, approved by WeWork’s shareholders at $11.60 per share. In connection with the completion of the $1.5 billion funding from SoftBank, several governance changes became effective today, including the reconstitution of the WeWork Board of Directors.

As previously announced, the $1.5 billion payment and governance changes are part of an agreement with WeWork that has now been approved by WeWork shareholders, under which SoftBank will provide significant funding to the Company. The financing package includes $5 billion in new debt financing.

“The $1.5 billion in funding that WeWork received today from SoftBank positions the Company for t ... Read more »

 New Merchant Services platform launches with backing from RBS, Mastercard, Motive Partners and EFM Asset Management, with total funding to date of £60 million.

LONDON -Friday 1 November 2019 [ AETOS Wire ]

(BUSINESS WIRE)-- Pollinate, the business behind Tyl by NatWest, has launched with a growth capital investment round from a consortium of global industry leaders. Mastercard, Motive Partners and EFM Asset Management (EFM) will join RBS as both investors in, and partners to, the Pollinate business, which has raised a total of £60 million in funding to date.

Over the past decade, disruptive payment companies have challenged retail banks for ownership of their merchant relationships. Pollinate is reinventing merchant acquiring for banks, enabling them to compete effectively with these disruptors. The Pollinate technology is an innovative cloud-based platform that wraps around a bank’s legacy payment systems. The platform powers merchant ... Read more »

100 partners now enrolled in Visa Ready for Transit to bring fast, easy and secure payments to transit riders

SAN FRANCISCO-Friday 1 November 2019 [ AETOS Wire ]

(BUSINESS WIRE)-- Visa Inc. (NYSE: V) today announced that 100 partners have enrolled in its global transit partner program, Visa Ready for Transit, giving transit agencies access to an expanded network of technology solutions and expertise to make it easier to get around.

Transit agencies everywhere are recognizing the benefits of enabling contactless payments at turnstiles and on buses. Tapping to ride with a contactless card or digital wallet helps riders save valuable time by avoiding the need to pre-purchase a ticket, manage a standalone transit card, or stand in line to reload their fare card. Visa helped to launch 60 new transit projects in the past year alone, and projects that are live currently are seeing positive adoption with a 40% year-over-year rise in contactless transit transactions.< ... Read more »

 Radius Capnography with Bluetooth® Connectivity Seamlessly Integrates Tetherless Mainstream Capnography on Root

NEUCHATEL, Switzerland -Friday 1 November 2019 [ AETOS Wire ]

(BUSINESS WIRE)-- Masimo (NASDAQ: MASI) announced today that Radius Capnography™, a portable real-time capnograph with wireless Bluetooth® connectivity, has received CE marking. Radius Capnography connects with the Root® Patient Monitoring and Connectivity Platform to provide seamless, tetherless mainstream capnography for patients of all ages. Radius Capnography is the second wireless sensor created by Masimo, joining Radius PPG™, or Radius Photoplethysmography, the first tetherless sensor solution to offer Masimo SET® Measure-through Motion and Low Perfusion™ pulse oximetry.

Radius Capnography requires no routine calibration and minimal warm-up time, with fully accurate EtCO2 and respiration rate measurements and continuous EtCO2 wa ... Read more »