An independent panel of leading fintech experts will select 50 innovative inclusive fintech startups helping communities rebuild from the pandemic

WASHINGTON-Wednesday 30 June 2021 [ AETOS Wire ]

(BUSINESS WIRE) -- The Center for Financial Inclusion (CFI) has launched the third year of Inclusive Fintech 50 (IF50), a competition to recognize the most promising inclusive fintech startups pushing the frontiers of innovation. This year, the competition seeks to recognize early-stage fintechs that are helping low-income customers and micro- and small enterprises not just respond to the pandemic, but rebound, rebuild, and recover after the past year’s devastation.

IF50 is sponsored by Visa, MetLife Foundation, and Jersey Overseas Aid & Comic Relief, with support from Accion and IFC. In its first two years, IF50 attracted applications from over 700 startups across 162 countries, cumulatively reaching almost 175 million customers. Each year, an indep ... Read more »

SAN FRANCISCO-Tuesday 29 June 2021 [ AETOS Wire ]

(BUSINESS WIRE) -- Andersen Global enters Norway through a Collaboration Agreement with law firm Brækhus, adding breadth to its footprint in Northern Europe as the organization continues its expansion in key markets throughout the region.

Led by Managing Partner Frank C. Aase, Brækhus is a full-service law firm based in Oslo. Operating with 27 Partners and over 70 professionals, the firm’s capabilities include corporate, commercial, M&A, banking and finance, tax advisory, structuring and compliance, litigation, real estate, energy, construction, private client services, employment law, technology, e-commerce and intellectual property.

“Through transparency and uncompromisingly high professional standards, we look to form long-lasting relationships that create an added value for our clients,” Frank said. “A collaboration agreement with Andersen Global fits well with our international ... Read more »

quantiQ leverages Rimini Street to help maximize its SAP investment and use newly generated savings to fund innovation and process efficiencies
LAS VEGAS -Wednesday 30 June 2021 [ AETOS Wire ]

(BUSINESS WIRE)-- Rimini Street, Inc. (Nasdaq: RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products and a Salesforce partner, today announced that quantiQ, a leading Brazilian distributor of chemical products based in São Paulo, has switched to Rimini Street Support for SAP S/4HANA. By switching to Rimini Street, quantiQ saved 75% in total support costs compared to what the company was spending under the vendor’s support. The company plans to reallocate its liberated funds and resources to invest in innovation and process efficiencies across the organization, including a new customer portal, e-commerce initiatives and implementing intelligent automation and RFID capabilities. The ... Read more »

TOKYO -Wednesday 30 June 2021 [ AETOS Wire ]

NDA filed in Japan ahead of anywhere else in the world
New anti-cancer drug with a novel mechanism of action
Darinaparsin is designated Orphan Drug in the US and EU as a treatment of peripheral T-cell lymphoma (PTCL)
 

(BUSINESS WIRE)-- Solasia Pharma K.K. (TSE: 4597, Headquarters: Tokyo, Japan, President & CEO: Yoshihiro Arai, hereinafter “Solasia”) today announced submission of a New Drug Application (NDA) for its new anti-cancer drug darinaparsin (generic name, development code: SP-02) as a treatment for relapsed or refractory peripheral T-cell lymphoma to the Ministry of Health, Labour and Welfare (MHLW). Based on positive results of R&D on darinaparsin, centered primarily on the results of the Asian Multinational Phase 2 Study (study results released in June 2020), Solasia filed an NDA for the drug with the regulatory authority in Japan ahead of anywhere else in the world.

... Read more »

- Institutional investors including Eight Roads Ventures, Novo Holdings, Rabo Investments, Tattarang and others to expand venture investment globally in the growing Food & Ag segment

AMSTERDAM & BOSTON-Wednesday 30 June 2021 [ AETOS Wire ]

(BUSINESS WIRE)-- Anterra Capital (“Anterra”), the international food and agriculture specialist venture capital firm, today announced the initial closing of its second food and agriculture technology fund, Anterra F&A Ventures II, raising $175 million, exceeding the targeted size of the fund. Due to the positive market reception for the fund’s mission and strategy, Anterra is tracking towards an upsized second fund, and anticipates a final closing in the third quarter, 2021.

Anterra’s unique investment approach has attracted commitments from a prestigious and aligned group of long-term oriented global investors, with continued support from Eight Roads Ventures, backed by Fidelity, ... Read more »

GUANGZHOU, China -Wednesday 30 June 2021 [ AETOS Wire ]

(BUSINESS WIRE)-- XPeng Inc. (“XPeng” or the “Company”) (NYSE: XPEV, HKEX:9868.HK), a leading Chinese smart electric vehicle (“Smart EV”) company, today announced the pricing of the global offering (the “Global Offering”) of 85,000,000 shares (the “Offer Shares”) which comprises an international offering (the “International Offering”) and a Hong Kong public offering (the “Hong Kong Public Offering”).

The final offer price for both the International Offering and the Hong Kong Public Offering (the "Offer Price") has been set at HK$165.00 per Class A ordinary share. Based on the ratio of two Class A ordinary shares per NYSE-listed American depositary share (the "ADS"), the Offer Price translates to approximately US$42.52 per ADS based on an exchange rate of HK$7.7604 to US$1.00. Subject to approval from The Stock ... Read more »

NEWS RELEASE BY CENTERSOURCE

With only three months to go before mandatory processing through Egypt's new advanced cargo information (ACI) system goes into effect, Centersource is urging timber exporters to get up to speed.

Stockholm, Sweden | June 24, 2021 07:30 AM Eastern Daylight Time

(Update: The Ministry of Finance announced an effective date change to October 1) While Egypt’s new advanced cargo information (ACI) system is expected to streamline regulatory requirements for importers, the new system represents a significant departure from the current customs system. B2B supply chain platform with marketplace and market data Timber Exchange by Centersource is reminding timber exporters and other companies shipping to Egypt to prepare for the transition.

Effective October 1st, Egypt’s unified registration system, called NAFEZA, will become the only means of processing maritime imports into the country. The new regulation will ... Read more »

COEUR D’ALENE, Idaho & NEW YORK-Wednesday 30 June 2021 [ AETOS Wire ]

(BUSINESS WIRE)-- KORE Power, Inc., (“KORE Power” or “KORE”) the leading U.S.-based developer of battery cell technology for the energy storage and electric transportation industries, announced that it has formed a strategic partnership with Cleanhill Partners (“Cleanhill”), a private equity firm pursuing investments in the energy transition sector that contribute to decarbonization. Cleanhill has invested in KORE Power as part of the strategic partnership.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210629005233/en/

Rakesh Wilson and Ash Upadhyaya, founders of Cleanhill, have joined KORE Power as special advisors to Founder and CEO Lindsay Gorrill. As veterans of the energy finance and investment sector, Rakesh and Ash will guide KORE’s strategy on growth and investment oppo ... Read more »

SUNNYVALE, Calif. -Wednesday 30 June 2021 [ AETOS Wire ]

New collaboration focused on a broad range of areas such as manufacturability, cost reduction, sourcing, and go-to-market strategies.
Strategic collaboration agreement to support accelerated time to market of Quanergy LiDAR products
Sensata has committed to invest in a private placement of shares (the “PIPE”) as part of Quanergy’s business combination with CITIC Capital Acquisition Corp. (NYSE: CCAC)
(BUSINESS WIRE)-- Quanergy, a leading provider of next-generation OPA-based solid state LiDAR sensors, and Sensata Technologies (NYSE: ST), a leading industrial technology company and provider of sensor-rich solutions that create insight for customers, announced today a new strategic collaboration to focus on helping Quanergy bring affordable, smart LiDAR and 3D perception technologies to market. The collaboration will include Sensata providing insights to Quanergy on manufacturability, cost reductio ... Read more »

• Microsoft Azure at the Edge: Microsoft, SES and GRC demonstrate the power of combining Microsoft’s Azure and secure MilSatCom to bring Artificial Intelligence and Machine Learning to in-theatre operations

• Operating in both connected and disconnected modes, this demonstration showcased the Cloud capability available to the most remote missions

LUXEMBOURG-Wednesday 30 June 2021 [ AETOS Wire ]

(BUSINESS WIRE) -- Microsoft and SES, in partnership with GovSat and UK-based solutions provider GRC, came together to demonstrate how Microsoft Azure Machine Learning (ML) and Artificial Intelligence (AI) capabilities can be brought directly to end-users deployed globally in a highly secure, reliable way while maintaining network sovereignty - allowing users to exploit key Azure workloads regardless of location and drastically boosting the efficiency of critical missions.

In these demonstrations the Azure Stack Mini R device was connected to a ... Read more »

 Wilson Allen to leverage client lifecycle management expertise to help firms implement the Foundation Firm Intelligence platform to manage client relationships 

CHICAGO & NEWTOWN SQUARE, Pa.-Tuesday 29 June 2021 [ AETOS Wire ]

(BUSINESS WIRE) -- The Litera Firm Intelligence business unit, developer of the Foundation data platform, and Wilson Allen, a leading provider of software, services, and consulting expertise to help law firms manage the entire client engagement lifecycle, today announced a strategic partnership. The partnership formalizes Wilson Allen as a technical implementation partner for the Foundation Firm Intelligence platform.

The Foundation Firm Intelligence platform breaks down data silos, combining information from disparate systems like CRM, Time and Billing, HR, conflicts, and external sources to provide a strategic view of law firm clients, including what work a firm has done for a client, who did the work, and all the third ... Read more »

Commercial airline trade association heavily affected by the pandemic’s economic impact realizes improved productivity from unified support solution; frees up IT resources to focus on recovery and expansion

LAS VEGAS-Saturday 26 June 2021 [ AETOS Wire ]

(BUSINESS WIRE) -- Rimini Street, Inc. (Nasdaq: RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products and a Salesforce partner, today announced that International Air Transport Association (IATA), the leading commercial aviation trade association headquartered in Montreal, Canada, has switched to Rimini Street Support and Application Management Services (AMS) for its SAP ECC 6.0 and Business Objects applications. With the commercial aviation sector heavily affected by the COVID-19 pandemic, IATA made strategic business decisions to navigate the crisis, including outsourcing key elements of its IT service deliver ... Read more »