GENEVA, May 2, 2024 /PRNewswire/ — FlowBank, the innovative Swiss online bank, proudly unveils its lineup for the second edition of the FlowBank Championship. Leading figures including Anthony Joshua, Israel Adesanya, Antoine Dupont, Ana Marković, Esteban Ocon, and Peter Sagan are set to compete in this distinctive online trading competition scheduled from May 1 to May 31, 2024. Following the resounding success of the inaugural 2023 FlowBank Championship, these sports icons are eager to showcase their trading skills and highlight the accessibility of financial markets to their fans and online communities.

Charles Henri Sabet, founder of FlowBank, expressed his excitement for the event’s return, stating, “The remarkable engagement we witnessed last year underscores the triumph of this initiative. It not only drew significant attention to the parallels between sporting excellence and trading but also underscored the importance of financial literacy. Elevating the competition in its second year was a natural progression for us.”

In an exciting development, Alexander Zverev, FlowBank ambassador and third-place finisher in the inaugural edition, will take on a mentorship role. “Transitioning from competitor to mentor is invigorating. Having navigated the challenges these athletes will encounter in this competition, I eagerly anticipate sharing my insights and guiding this year’s exceptional group of athletes,” Alexander Zverev remarked.

Throughout the championship, FlowBank will provide athletes with tools, platforms, and resources to deepen their understanding of financial markets as they compete for the title of top trader on a virtual portfolio.

Simultaneously, the FlowBank community will gain unprecedented access to the athletes’ trading strategies, with opportunities to enhance their financial literacy through tailored educational content, including podcasts and comprehensive articles.

“The FlowBank Championship is more than a competition; it underscores our dedication to democratizing access to financial markets, nurturing an informed and engaged community,” concluded Charles Henri Sabet.

The FlowBank Championship will also feature insights from longstanding FlowBank ambassador Severin Lüthi and tennis legend Martina Hingis, with Hingis providing commentary and analysis in a weekly podcast throughout the competition.

Beyond the FlowBank Championship, FlowBank remains the primary sponsor of Swiss Tennis, Swiss Ice Hockey, and the Gonet Geneva Open, reinforcing its steadfast support for Swiss sports across all levels and bolstering its sponsorship portfolio.

Since its inception in November 2020, FlowBank has witnessed remarkable growth and continues to expand its services. Presently, FlowBank offers access to over 50,000 financial instruments and stands as the only Swiss bank to offer zero commission on Swiss stocks, alongside the lowest trading fees in Switzerland. The bank remains committed to ongoing investments in technology, innovation in features and products, and above all, prioritizing the client experience.

Follow @flowbank on social media for the latest news and updates on the FlowBank Championship.

About FlowBank

Established in 2020 by CEO Charles Henri Sabet, with headquarters in Geneva and an office in Zurich, FlowBank presently employs 140 experts. The bank delivers online investing and trading services, providing access to over 50,000 financial products at competitive prices. Recently recognized as Switzerland’s most competitive trading provider by Neue Zürcher Zeitung, FlowBank is licensed by the Swiss Financial Market Supervisory Authority (FINMA) and is a member of esisuisse. Additionally, it holds membership in the Swiss Bankers Association.

Facebook: FlowBank@FlowBank
Instagram: @flowbank
LinkedIn: FlowBank
X: FlowBank@flowbank_sa

Media Contact
FlowBank SA
Caroline Puder-Lévy, Chief Marketing Officer
Esplanade de Pont-Rouge 9
1211 Geneva 26
[email protected]
+41 22 888 6409

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MFAM investment returns to fund the Mastercard Foundation’s work with its partners in Africa and Canada over the long term

TORONTO, May 2, 2024 /PRNewswire/ — The Mastercard Foundation today introduced the Mastercard Foundation Asset Management (MFAM) Corporation, a new, separate asset management company with a mandate to build and manage a diversified portfolio to support the mission of the Mastercard Foundation and the work of its partners over the long term. The Mastercard Foundation is a registered Canadian charity and one of the largest private foundations in the world. It works with visionary organizations to advance education and financial inclusion to enable young people in Africa and Indigenous youth in Canada to access dignified and fulfilling work.

Reeta Roy, President and CEO of the Mastercard Foundation, said, “The programs of the Mastercard Foundation are transforming the lives of young people in Africa and in Indigenous communities in Canada. Led by John Barker, MFAM is building a team of world-class investment professionals charged with diversifying Mastercard Foundation’s portfolio and delivering returns that will fund the philanthropic mission of the Mastercard Foundation over the long term.” 

The Mastercard Foundation was established in 2006 through the generosity of Mastercard Incorporated (NYSE: MA), which gifted the Mastercard Foundation common shares as part of its initial public offering. Over the past 18 years, the value of that original gift has grown substantially. The Mastercard Foundation now requires a dedicated asset management team to manage and diversify the Mastercard Foundation’s growing investment portfolio. 

John Barker, Chief Investment Officer of MFAM, said, “I am thrilled to be leading the investment team at MFAM and to be working with the Mastercard Foundation to fund its critical mission in Africa and Canada. MFAM is building a team of investment professionals and a network of investment partners that will be inspired by the opportunity to create meaningful value and lasting impact through the Mastercard Foundation.”

Mr. Barker joined MFAM in January 2024. He brings over three decades of investment management experience to the role, having served as the Chief Investment Officer at Mass General Brigham and as a Managing Director at Harvard Management Company.

Headquartered in Toronto, MFAM has an investment strategy that is global in scope. MFAM was established by the Mastercard Foundation as a separate entity with a separate Board of Directors and management team.

The Mastercard Foundation partners with approximately 400 organizations and supports initiatives in 33 countries, including the Mastercard Foundation Scholars Program, the Saving Lives and Livelihoods Initiative in Africa, and the EleV Program supporting Indigenous youth in Canada.

Established in 2023, Mastercard Foundation Asset Management (MFAM) Corporation was created to build and manage a diversified investment portfolio for the Mastercard Foundation, one of the largest private foundations in the world. MFAM is headquartered in Toronto, Canada. It has a global investment strategy and mandate to deliver returns that will fund the philanthropic mission of the Mastercard Foundation over the long term. To learn more, visit the MFAM website at www.mfamc.org.

The Mastercard Foundation is a registered Canadian charity and one of the largest foundations in the world. It works with visionary organizations to advance education and financial inclusion to enable young people in Africa and Indigenous youth in Canada to access dignified and fulfilling work. Established in 2006 through the generosity of Mastercard when it became a public company, the Foundation is an independent organization separate from the company, with offices in Toronto, Kigali, Accra, Nairobi, Kampala, Lagos, Dakar, and Addis Ababa. Its policies, operations, and program decisions are determined by the Foundation’s Board of Directors and leadership. For more information on the Foundation, please visit www.mastercardfdn.org

About MFAM, please contact: Lynnette Visaya, Edelman Smithfield, [email protected], (416) 316-4518

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LONDON, May 2, 2024 /PRNewswire/ — Greville will be responsible for driving CSL’s future growth strategy around new markets and geographical expansion. Greville brings a wealth of commercial and sales expertise to CSL, having previously served as the Managing Director of the telematics division at Radius for seven years.

He was instrumental in propelling the business through strategic acquisitions and organic growth initiatives, expanding the company’s footprint globally. Greville commented: “CSL is a fast-growing business with a dynamic leadership team and thriving culture. I’m excited to leverage my experience here, helping to realise CSL’s growth ambitions.”

Ed Heale, CSL’s CEO, commented: “Greville has a proven track record of scaling businesses and driving significant growth. He will be instrumental in building out and strengthening our commercial function to ensure we continue to provide our customers with the services and support they need.”

For 30 years, CSL has been the leading European provider of Critical Connectivity. Today, they have over 2.5 million connections and provide fully managed single or multi-path solutions to connect any life, mission or business-critical IoT application. These range from applications that save lives or support crucial operational processes. Having pioneered the transition from wired to wireless connectivity in the Security and Health sectors, they now play a crucial role in the Critical National Infrastructure Ecosystem with solutions deployed at scale in every sector.

Discover more about our IoT solutions.

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