Fintech PR
Volante Technologies Receives $35m of Growth Funding from Leading International Investors to Accelerate Cloud Expansion Globally
Volante Technologies Inc., a leading provider of payments and financial messaging solutions in the cloud, today announced that it has raised USD 35M in growth equity financing led by Wavecrest Growth Partners with strategic participation from BNY Mellon, Citi Ventures, PostePay and Visa Inc.
The capital raise represents the company’s first outside investment after nearly two decades of strong organic growth and profitability. Volante will direct the capital towards accelerating its cloud expansion globally and its reach into new geographies, market segments, and industry verticals.
“We are thrilled to lead the first institutional investment in Volante and partner with its stellar team,” said Vaibhav Nalwaya, Co-Founder and Managing Partner of Wavecrest, who will be joining the Company’s Board of Directors. “Volante has built an impeccable reputation as a fintech that can quickly enter and dominate new markets. Shortly after launching their Volante Designer financial messaging platform, they became providers to some of the world’s largest custodians and exchanges. Two years after entering the payments arena with VolPay, they processed the first U.S. real-time payment. Today, they can count four of the top five corporate banks among their more than one hundred customers.”
“They’ve also rapidly emerged as the leader in cloud-based payments as a service,” added Nalwaya. “With cloud and digital transformation becoming ever more critical for organizations of all types, Volante is perfectly positioned to capitalize on this arc of success. We look forward to accelerating the company’s growth trajectory.”
BNY Mellon and Volante have been collaborating since 2017 on creating and deploying real-time payment capabilities.
“We are excited to expand our strategic relationship by investing in Volante,” adds Saket Sharma, Chief Information and Digital Officer for BNY Mellon Treasury services. “This reinforces our commitment to helping our clients leverage best-in-class products and services in their own digital transformations.”
Citi’s Treasury and Trade Solutions business has been working with Volante for several years and Volante currently serves as the translation layer across Citi’s core payments infrastructure.
“Volante’s solutions are already an integral part of Citi’s payment processing architecture, underpinning the outstanding payments and transaction banking platforms for which Citi is known worldwide,” explained Nick Nadgauda, Global Head of Treasury and Trade Solutions Technology at Citi. “Our investment signals our confidence in Volante’s technology and we look forward to enhancing our relationship for future engagements.”
PostePay, a leading Italian Electronic Money Institution (EMI) and part of the Poste Italiane Group, is partnering with Volante to enable instant payments for SCT-INST as well as to provide a new transactional gateway to traditional interbank networks via their open banking platform.
Mirko Mischiatti, Group Chief Digital, Technology & Operating Officer at Poste Italiane, said, “Our investment in Volante is directly linked to our ‘Deliver 2022’ innovation strategy. VolPay’s cloud-native microservices architecture will allow us to support current and future payment rails on and off the cloud. This will enable us to provide innovative customer experiences for over 14 million Poste Italiane account holders and 28 million cards as we continue to shift away from traditional payment methods to next-generation digital options and account-based payments.”
Vijay Oddiraju, Co-Founder and CEO of Volante, commented, “We started Volante in 2001 with a clear purpose. We wanted to help financial institutions by providing modern solutions to simplify the complexity of their operations and accelerate business outcomes, from capital markets to custody to transaction banking.”
Oddiraju continued, “Today, we process trillions in value and millions of transactions daily for the world’s largest banks, financial institutions, card networks, market infrastructures, and corporations. We plan to invest further in cloud technologies and into other areas of financial services, as well as new industries. The fact that the majority of our strategic investors are clients is a testament to the mutual trust we have built over the years with a wide range of organizations.”
BERLIN, March 18, 2025 /PRNewswire/ — From March 4-6, 2025, ITB Berlin, the world’s leading travel trade show—kicked off in Germany, gathering over 5800 exhibitors and industry leaders from 170 countries. This year’s theme, “The World of Travel Lives Here” highlighted the digital transformation shaping the future of global tourism. As a leading enterprise payment provider in the airline and travel industry, YeePay showcased its one-stop global enterprise account solution, demonstrating how seamless payments are at the heart of a connected global travel ecosystem.
At ITB Berlin, Hua Lei, Senior Vice President and Head of International Business at YeePay, shared insights into how evolving visa-free policies are boosting inbound tourism to China, unlocking new business opportunities.
“Payments serve as the bridge, connecting businesses, distributors, and travelers. We are dedicated to creating efficient and secure payment solutions that facilitate seamless transactions between China and global travelers, as well as between Chinese and international businesses,” said Hua Lei.
During the event, YeePay engaged with global airline and travel companies, system providers, and payment technology firms, exploring collaborations to drive digital transformation across the travel industry. YeePay introduced its one-stop global enterprise account solution, designed to streamline complex cross-border transactions with low costs, competitive exchange rates, and fast processing speeds. By leveraging a comprehensive global collection, payment, and FX management system, YeePay enables travel businesses to efficiently handle international payments, foreign exchange management, and financial settlements. All within a single account.
As the travel industry embraces digitalization and globalization, YeePay is accelerating its global expansion to further enhance collaboration and co-innovation with travel businesses worldwide. The company remains committed to driving the evolution of global payment services, making transactions smarter, more seamless, and more efficient.
At ITB Berlin, YeePay not only showcased the strength of China’s payment technology but also reinforced its vision of fostering open, collaborative, and innovative partnerships to support the global travel industry. As the event’s theme suggests, “The World of Travel Lives Here”and YeePay is helping connect the world’s travel ecosystem through payments.
About YeePay
Founded in 2003, YeePay is a leading enterprise payment service provider in China, offering secure, innovative, and intelligent transaction solutions across industries such as airlines & travel, retail, fintech, and cross-border commerce. With a focus on financial inclusion and technological innovation, YeePay empowers businesses with seamless digital financial services.
For more information on YeePay, visit https://global.yeepay.com.
View original content:https://www.prnewswire.co.uk/news-releases/yeepay-at-itb-berlin-2025-building-a-digital-bridge-for-global-travel-through-payments-302403791.html
Fintech PR
TVP AND DEMAND POOL ANNOUNCE UPCOMING LAUNCH OF FIRST STRATUM V2 BITCOIN MINING POOL AND CLOSING OF VENTURE CAPITAL INVESTMENT
AUSTIN, Texas, March 18, 2025 /PRNewswire/ — DMND (“Demand Pool”), the world’s first Stratum V2 Bitcoin mining pool, announced the opening of the application for miners to join DMND as launch partners today. Successful applicants will benefit from a 0% fee for an initial two-month period, as well as a special two-year founding miner agreement. DMND also announced its venture capital financing that took place in Q4 2024, led by Trammell Venture Partners (“TVP”).
Stratum V2 enhances Bitcoin’s decentralization and privacy by enabling miners to construct their own block templates. DMND’s Stratum V2 pool implements end-to-end encryption to prevent hashrate hijacking and features a novel payments system called SLICE that ensures maximum miner payouts with auditable transactions and no hidden fees. Built on open-source, authenticated security, DMND creates a fairer and more profitable Bitcoin mining landscape. DMND is committed to increasing miner profits while strengthening Bitcoin’s decentralization.
“The Bitcoin mining industry has a key problem which I’ve pinpointed over my 10 year career: mining pool centralization,” said Alejandro de la Torre, DMND co-founder and CEO. “This is why it is paramount that we make Stratum V2 a reality. SV2 will help decentralize Bitcoin mining by allowing miners to build their own blocks. With the release of DMND pool—the world’s first Stratum V2 pool—we help combat this problem – a historic moment in Bitcoin.”
“The mining pool industry is one where murky fee payouts and relative centralization have become the norm,” said Christopher Calicott, TVP’s managing director and founding partner. “By empowering mining operators to securely and privately design their own block templates while facilitating radical transparency and fairness of payments to mining pool participants, DMND will bring a new era to the mining industry. Mining operators of any size—from small home miners to publicly traded giants—will all work to enhance Bitcoin’s decentralization.”
Mining operators are encouraged to apply to join the launch event and contribute to mining the first Stratum V2 block on the DMND website here. Applications for launch participants will end March 28, 2025, at midnight PST.
About Demand Pool
DMND is the first Stratum V2 Bitcoin mining pool. DMND’s revolutionary technology empowers miners with greater transparency, higher payouts, and true decentralization via miner block template creation. For more information visit us on the web.
About Trammell Venture Partners
Trammell Venture Partners, founded in 2016, is an Austin-based early-stage venture capital firm focused on investing in highly technical companies in three core areas including Bitcoin-native technologies, security and privacy tech, and applied AI. Since 2020, TVP has focused on backing founders building on the layers of the Bitcoin protocol stack via the venture capital industry’s first dedicated Bitcoin-native mandated VC fund series: The TVP Bitcoin Venture Fund series of funds.
MEDIA CONTACT:
Alejandro de la Torre
DMND: Demand Pool
alejandro@dmnd.work
+351 911 833 264
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View original content:https://www.prnewswire.co.uk/news-releases/tvp-and-demand-pool-announce-upcoming-launch-of-first-stratum-v2-bitcoin-mining-pool-and-closing-of-venture-capital-investment-302403986.html
SAN FRANCISCO, March 18, 2025 /PRNewswire/ — Sensor Tower, a leading provider of digital marketing insights, announced today that it has acquired gaming intelligence platform Video Game Insights. This acquisition strengthens Sensor Tower’s position as the preeminent source for gaming insights and expands its coverage into PC and Console.
“Gaming is a significant part of the digital economy, and with this acquisition, Sensor Tower is excited to offer our customers gaming insights across mobile, PC, XBox, and Playstation,” said Sensor Tower CEO Oliver Yeh. “Video Game Insights has become a trusted name in the industry, providing its customers with reliable estimates on sales, pricing, engagement, and ratings. We look forward to working with the entire Video Game Insights team to continue to innovate and provide Sensor Tower customers with the most comprehensive gaming insights.”
Video Game Insights is a market research company best known for providing game performance data and user trends from Steam, one of the most widely used video game distribution services. As of this year, Video Game Insights has expanded to provide data for Playstation and Xbox.
The addition of PC and Console data to Sensor Tower’s existing mobile gaming solutions unlocks new market opportunities in the $249 Billion gaming landscape. Top game publishers and developers can now track sales, engagement, and advertising across Apple App Store, Google Play, and Steam, enabling them to better understand market shifts, benchmark against competitors, and drive retention and growth.
“We are thrilled to join Sensor Tower and further our goal of providing the industry with a comprehensive view of the gaming ecosystem,” said Karl Kontus, Co-Founder and CEO of Video Game Insights. “The power of our combined datasets provides deeper insights into market trends, competitor strategies, and user preferences, allowing our customers to grow and scale at a faster rate than ever before.”
With this acquisition, Sensor Tower furthers its mission to measure the digital economy, providing global leaders with market analysis and competitive intelligence across mobile app, digital advertising, and website.
Video Game Insights will operate as Video Game Insights by Sensor Tower.
For more information please visit www.sensortower.com
Press contact: Amber Ellis, SensorTower@ccgrouppr.com
About Sensor Tower
Sensor Tower is the leading source of mobile app, digital advertising, retail media, and audience insights for the largest brands and app publishers across the globe. With a mission to measure the world’s digital economy, Sensor Tower’s award-winning platform delivers unmatched visibility into the mobile app and digital ecosystem, empowering organizations to stay ahead of changing market dynamics and make informed, strategic decisions.
Founded in 2013, Sensor Tower’s mobile app insights have helped marketers, app, and game developers demystify the mobile app ecosystem with visibility into usage, engagement, and paid acquisition strategies. Today, Sensor Tower’s digital market insights platform has expanded to include Audience, Retail Media, and Digital Advertising Insights (formerly Pathmatics), helping brands and advertisers understand their competitor’s advertising strategies and audiences across web, social, and mobile. Learn more at www.sensortower.com
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View original content:https://www.prnewswire.co.uk/news-releases/sensor-tower-acquires-video-game-insights-adds-pcconsole-gaming-data-302404422.html
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