The collaboration combines Shift4’s top acquiring services with ConnexPay’s all-in-one payments platform to deliver seamless PayIn and PayOut functions to businesses across various markets, including OTA and Hospitality.

CENTER VALLEY, Pa., Nov. 6, 2024 /PRNewswire/ — Shift4 (NYSE: FOUR), a global leader in integrated payments and commerce technology, today announced a strategic partnership with ConnexPay, the world’s first all-in-one payments platform. This partnership will empower online travel agencies (OTAs) and hospitality businesses in the UK and European markets by integrating ConnexPay’s payment issuance solutions with Shift4’s leading payment processing infrastructure.

Through this partnership, ConnexPay will leverage Shift4’s expertise in the European payments landscape to expand within the UK and EU markets. Supported by Shift4’s full acquiring services with 3D Secure, ConnexPay is able to offer Gross Settlement payouts via third-party integration, unlocking new growth potential in key regions for both companies.

By merging PayIn (the process of accepting payments from customers) and PayOut (issuing payments to suppliers) into one unified system, ConnexPay reduces the operational burden on merchants and enhances financial reconciliation. Shift4’s advanced acquiring capabilities will enable ConnexPay merchants to access next-day settlement along with the ability to issue virtual cards in real-time to one or more suppliers using incoming funds from customers.

“Combining ConnexPay’s advanced virtual card issuance capabilities with Shift4’s comprehensive payment processing platform allows us to offer an end-to-end solution that meets the unique needs of the travel and hospitality industries across the UK and EU markets,” said France Blanchard, SVP Account Management & Onboarding, Europe, at Shift4. “We’ve already seen strong interest within key markets, and with ConnexPay’s expansion efforts underway, we’re excited about the potential to scale this solution in more countries across Europe.”

“The combination of ConnexPay’s issuance solutions and Shift4’s acquiring services creates a robust platform that can scale the European continental markets,” said Ben Peters, CEO, ConnexPay. “This partnership allows us to support more OTAs and other travel-related businesses with a secure, all-in-one solution that not only enhances operational efficiency but also improves cash flow management.”

With plans to significantly scale its processing operations in various regions throughout Europe, the growth will be supported by Shift4’s proven capacity to manage billions of transactions annually, alongside ConnexPay’s flexible platform, which simplifies B2B payment processes through a single contract and unified reconciliation.

About Shift4

Shift4 (NYSE: FOUR) is boldly redefining commerce by simplifying complex payments ecosystems across the world. As the leader in commerce-enabling technology, Shift4 powers billions of transactions annually for hundreds of thousands of businesses in virtually every industry. For more information, visit shift4.com.

About ConnexPay

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ConnexPay is the first payments company to seamlessly combine both PayIns and PayOuts into a single global platform, requiring only one contract and providing unified reconciliation. The flexibility of ConnexPay’s technology allows clients to manage all their B2B payment needs, from acquiring sales, managing fraud, and paying suppliers, all on one platform. ConnexPay’s solutions are applicable across a broad spectrum of corporate payment use cases, including global travel, ticketing, insurance and warranty claims, loyalty and rewards, and media and advertising. Founded in 2017, ConnexPay serves clients on six continents and provides payments services to over 175 countries and territories worldwide. In 2023, ConnexPay earned the Travel Innovator of the Year award at Phocuswright and in 2024 was named to the Inc 5000 list of fastest-growing companies in America for the second year in a row.

Learn more at www.connexpay.com and follow us on LinkedIn.

Shift4 Media Contact:
Nate Hirshberg
Senior Vice President, Marketing, Shift4
[email protected]
+1 610.596.4590

ConnexPay Media Contact:
Liza Amaro
Head of Marketing
[email protected]
+1 706.617.4710

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VICTORIA, Seychelles, Nov. 6, 2024 /PRNewswire/ — KuCoin, a leading global cryptocurrency exchange, is thrilled to announce its new addition to GemPool – PiggyPiggyCoin (PGC), the pioneering workplace simulation and social game token on Telegram & TON.

KuCoin’s GemPool is a unique platform that facilitates early access to promising crypto projects by enabling users to stake tokens for farming new project tokens. This innovative approach allows users to leverage their existing crypto holdings to earn rewards, enhancing their engagement with the evolving crypto market. The platform supports a variety of tokens, offering flexible staking options without lock-up periods, which ensures that users can adapt their strategies in response to market conditions. Check the GemPool tutorial here.

PiggyPiggyCoin introduces an engaging game environment where players can employ magical cards to influence gameplay, enhancing interactive dynamics within the blockchain space. The native token $PGC will be fully unlocked at TGE, offering transparent and immediate utility for users.

Beginning November 6, 2024, KuCoin’s GemPool will open for users to stake USDT, KCS, and PGC, allowing them to farm PGC tokens. This strategic initiative not only promotes the new token but also illustrates the unique opportunities that GemPool offers to users wanting early access to exciting new tokens.

Following its presence on GemPool, the PGC listing is scheduled for November 12, 2024, at 12:00 UTC, with trading and withdrawals available shortly after. In addition to regular staking rewards, participants in the GemPool campaign can earn up to a 20% bonus depending on their VIP status and performance in various interactive quizzes and engagements. This is part of KuCoin’s effort to enhance user engagement and reward participation.

Since its debut in August, KuCoin GemPool has launched 14 campaigns, with over 119,000 participants engaging, and over $863,000 asset locked. KuCoin GemPool is excited about this new addition and the potential it brings to the community. By fostering a robust and secure trading platform, KuCoin aims to continue being at the forefront of providing innovative solutions that cater to its diverse user base, enhancing both user experience and market growth.

About KuCoin

Launched in September 2017, KuCoin is a leading cryptocurrency exchange with its operational headquarters in Seychelles. As a user-oriented platform with a focus on inclusiveness and community engagement, KuCoin offers over 800 digital assets across Spot trading, Margin trading, P2P Fiat trading, Futures trading, and Staking to its 36 million users in more than 200 countries and regions. KuCoin ranks as one of the top 6 crypto exchanges. KuCoin was acclaimed as “One of the Best Crypto Apps & Exchanges of June 2024” by Forbes Advisor and has been included as one of the top 50 companies in the “2024 Hurun Global Unicorn List”. Learn more at https://www.kucoin.com/.

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SINGAPORE, Nov. 6, 2024 /PRNewswire/ — HTX Ventures, the global investment division of HTX, shared insightful perspectives on the transforming crypto investment landscape. Edward, Managing Partner of HTX Ventures, explored how crypto exchanges are transforming to meet investor needs, manage risks in volatile markets, and capitalize on emerging trends.  

Empowering Private Investors Through Diversification and Education
The panel first focused on how exchanges are empowering private investors to adapt to evolving market conditions by providing diversified asset offerings and extensive educational resources. Edward emphasized that technological advancements, such as blockchain innovations and new assets like BRC-20 tokens and Solana-based assets, are creating unprecedented opportunities for portfolio diversification. 

Edward also highlighted that HTX Ventures is offering early access to new and promising projects, allowing private investors to participate in growth opportunities from the ground up. “Exchanges aren’t just trading platforms anymore,” he said. “We’re becoming strategic partners to investors by offering a wide range of assets, providing detailed market research, and ensuring they can make informed decisions.”  

Edward commented that HTX Ventures prioritizes investor education, particularly in areas like risk management, platform security, and compliance. He pointed out common investor mistakes, such as neglecting security measures like two-factor authentication (2FA) or failing for phishing scams. HTX Ventures addresses these pitfalls by providing comprehensive educational resources, tutorials, and responsive customer support. 

Managing Risks and Liquidity in a Volatile Market
Managing risk in a volatile crypto market was another key point of discussion. Edward mentioned that liquidity is paramount for both large and small investors, particularly during periods of heightened market volatility. Exchanges like HTX manage liquidity by maintaining deep order books, employing algorithmic trading, and utilizing price stability mechanisms, ensuring that trades can be executed smoothly across different market conditions.  

“Maintaining liquidity is paramount in this space,” Edward explained. “For smaller investors, the risks are often higher when dealing with less liquid assets. That’s why we provide tools like stop-loss orders, portfolio tracking, and algorithmic risk management to help mitigate these risks and protect them during market swings.” 

The panel also discussed how exchanges are educating smaller investors on understanding market depth and liquidity management, which promotes informed decision-making in a highly volatile environment. Such initiatives are crucial as the crypto market continues to attract a broader range of participants, many of whom are new to the space. 

The Future Role of Exchanges in a Decentralized Era
Looking ahead, the role of exchanges in the era of Web 3.0 and decentralized finance (DeFi) was a key talking point. Edward outlined HTX’s vision of integrating decentralized elements into their platform, advancing beyond traditional trade execution to becoming comprehensive hubs for DeFi-related services. 

“Exchanges are evolving into multi-functional platforms offering everything from lending and liquidity mining to tokenized asset trading,” Edward said. He predicted that as the Web 3.0 landscape develops, exchanges will serve as essential gateways for private investors to access decentralized ecosystems, allowing them to participate in services like decentralized identity verification, data privacy protection, and direct access to DeFi protocols. 

Edward further emphasized that regulatory compliance will remain a core focus, especially as more private investors seek safe, regulated environments for their crypto activities. By continually enhancing compliance processes – such as robust KYC and AML measures – while expanding DeFi capabilities, HTX aims to build a secure, transparent, and innovative ecosystem for private investors, positioning itself at the forefront of the next phase in the crypto revolution. 

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Edward shared his thoughts during a high-profile panel discussion at Blockchain Life Dubai, titled “Crypto Exchanges and Private Investors: Shaping Investment Strategies and Adapting to Market Trends” along with other top industry leaders.

About HTX Ventures
HTX Ventures, the global investment division of HTX, integrates investment, incubation, and research to identify the best and brightest teams worldwide. With more than a decade-long history as an industry pioneer, HTX Ventures excels at identifying cutting-edge technologies and emerging business models within the sector. To foster growth within the blockchain ecosystem, we provide comprehensive support to projects, including financing, resources, and strategic advice. 

HTX Ventures currently backs over 300 projects spanning multiple blockchain sectors, with select high-quality initiatives already trading on the HTX exchange. Furthermore, as one of the most active FOF (Fund of Funds) funds, HTX Ventures invests in 30 top global funds and collaborates with leading blockchain funds such as Polychain, Dragonfly, Bankless, Gitcoin, Figment, Nomad, Animoca, and Hack VC to jointly build a blockchain ecosystem.  

About HTX 
Founded in 2013, HTX has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, wallets, research, investments, incubation, and other businesses. As a world-leading gateway to Web3, HTX harbors global capabilities that enable it to provide users with safe and reliable services. Adhering to the growth strategy of “Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance”, HTX is dedicated to providing quality services and values to virtual asset enthusiasts worldwide. 

For more information on HTX, please visit the HTX Square, or https://www.htx.com/, and follow X, Telegram, Discord. For further press enquiries, please contact [email protected]. 

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