Remit Choice Limited has won the “Best Online Payment Platform,” “Most Innovative Online Remittance App,” and “Most Trusted Online Payment Platform” for the year 2023.
LONDON, Sept. 12, 2023 /PRNewswire/ — The Prestigious Global Brand Awards, a revered yearly occasion orchestrated by Global Brands Magazine (GBM) in the United Kingdom, strives to honour worldwide brands that distinguish themselves across diverse industries, all the while ensuring that readers are abreast of pivotal trends in the realm of branding. Amidst this distinguished exhibition of accomplishment. Remit Choice Limited has solidified its position as a trailblazer, undergoing a thorough evaluation facilitated by an external assessment agency. This meticulous assessment encompassed a wide array of factors, including the excellence of their services, customer satisfaction levels, innovative digital strategies, strategic partnerships, and advancements in expanding their business offerings. The comprehensive evaluation highlights Remit Choice Limited‘s commitment to providing exceptional financial solutions and showcases their dedication to enhancing customer experiences through cutting-edge technology and strategic collaborations. This recognition underscores Remit Choice Limited’s unwavering dedication to excellence in the realm of online financial transactions.
Commenting on Remit Choice Limited winning the awards, Jay Reddy, Director of Global Brands Magazine, said, “We are thrilled to congratulate Remit Choice Limited on their remarkable achievement at the Global Brand Awards 2023. Winning not one, but three prestigious titles – “Best Online Payment Platform,” “Most Innovative Online Remittance App,” and “Most Trusted Online Payment Platform” – is a true testament to Remit Choice’s unwavering dedication to excellence and innovation in the fintech industry. At Global Brands Magazine, we recognize and celebrate organizations that push the boundaries of what’s possible, and Remit Choice has undoubtedly demonstrated their commitment to redefining online payment solutions. These awards not only highlight their cutting-edge technology and user-friendly interfaces but also acknowledge the trust they’ve garnered from millions of users worldwide.”
Commenting on winning the awards, Remit Choice’s CEO, commented, “Our ultimate goal is to serve communities globally by becoming the preferred choice for people seeking to send money across borders. At Remit Choice, we’re not just doing remittances; we focus to empowering lives, transforming economies, and creating a world where everyone has a fair chance to flourish. We strive to facilitate seamless international money transfers, empowering millions of overseas individuals and supporting their loved ones back home. Our unwavering determination and hard work have made us a true testament to enhancing the lives of those we serve.
About Remit Choice Limited
With its user-friendly and intuitive remittance app, Remit Choice has set a new standard for real-time innovation, propelling it ahead of its competitors. Users have been captivated by the app’s seamless interface, making sending money across borders a breeze. Quick sign-up procedures allow for instant access to a wide array of features, including easy payment history tracking with just a single tap. The platform boasts three flexible modes of payment: Cash pickup, Mobile Wallet, and Bank transfer, catering to diverse user preferences and needs. Moreover, the quality assurance team at Remit Choice diligently follows up on every transaction, ensuring compliance at every level to prevent any illicit activities.
With this impressive feat, Remit Choice has solidified its position as an industry trailblazer, driving innovation, and fostering financial inclusion on a global scale. As it continues to make strides in the remittance landscape, Remit Choice aims to set new benchmarks for the industry and empower individuals worldwide to access secure, efficient, and cost-effective financial services.
About Global Brands Magazine (England)
Global Brands Magazine (GBM) has been at the forefront, bringing news, views, and opinions on brands shaping the future of their industry. The magazine covers a wide range of industries, including fashion, beauty, technology, and more. It is targeted towards business executives and marketing professionals, offering insights and analysis on brand building and management. The Magazine has over 9.5 million visitors and 14 million page views per month, making it one of the best online magazines in the world. With over 9.5 million monthly visitors and 14 million page views, GBM is one of the most esteemed online magazines globally. The magazine also maintains a strong presence on social media, boasting over 20k+ Facebook likes, 10k+ Instagram followers, 25k+ Twitter followers, and 3k+ LinkedIn followers.
About the Global Brand Awards
The Global Brand Awards is an annual event that celebrates the accomplishments of the world’s leading brands. These awards honour brands across various categories, including innovation, sustainability, customer experience, and more. The aim is to showcase best practices in branding, marketing, and customer engagement while providing recognition and exposure for the winning brands. To learn more about the awards, please visit the Brand Awards Winners section on the GBM website.
To nominate your company or business leader for the Global Brand Awards 2023, please click on the following link:
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PTI Secures €1.2 Billion Multi-Jurisdiction Transaction
NEW YORK, Sept. 28, 2023 /PRNewswire/ — Phoenix Tower International, LLC (“PTI”), through its Spanish subsidiary (PTI Iberica V, S.A.) announced today that it has closed a new €1.2 billion senior credit facility in Europe to consolidate its existing loans and provide substantial additional capacity to support further growth both in existing and new markets in Europe.
The transaction comprised of the following senior secured facilities: (i) a €700 million term loan, (ii) a €400 million delayed draw term loan, (iii) a €50 million revolving credit facility, and (iv) a €50 million debt service reserve facility, all of which are due in September 2030 (7 years). Proceeds from the facilities will be used to: (i) repay existing indebtedness including related fees and expenses, (ii) fund capital expenditure requirements and acquisitions, including the recent acquisition of the French portfolio of wireless tower assets from Cellnex (1,226 sites hosting SFR), and (iii) fund working capital requirements.
“The multi-jurisdiction loan provides PTI with the flexibility to continue to grow our business across Europe with incremental liquidity available at our disposal. The financing will allow us to strengthen our commitment to the region, as we continue to construct and invest in digital infrastructure in markets that are experiencing a rising demand for connectivity and technological upgrades. We are excited to continue to expand our presence in Europe and deliver value-add infrastructure solutions to our customers”, said Dagan Kasavana, Chief Executive Officer of PTI.
“By providing a flexible financing covering multiple jurisdictions, PTI was able to simplify its capital structure, reduce pricing, and access incremental funds to support future growth. Raising €1.2 billion in the current market environment speaks to the strength of PTI’s business model and underscores the lender community’s appetite to support the expansion of digital connectivity. We are pleased to partner with such a strong lender group in this landmark transaction”, said Michael Bremer, Chief Financial Officer of PTI.
Natixis Corporate & Investment Banking (“Natixis”) acted as Structuring Bank. Natixis and Deutsche Bank AG acted as Lead Bookrunners and Mandated Lead Arrangers, ABN AMRO Bank N.V., ING Bank N.V., and Scotiabank (Ireland) Designated Activity Company acted as Mandated Lead Arrangers and Bookrunners, BNP Paribas and MUFG Bank acted as Mandated Lead Arrangers, and Citibank Europe PLC Dublin, Mizuho Bank Europe, and Toronto Dominion Bank acted as Participants. Natixis also acted as Facility Agent, Security Agent and Financial Modelling Bank, while ING Bank N.V. has been appointed as Sustainability Coordinator.
Freshfields Bruckhaus Deringer acted as external legal counsel of the company, and Allen & Overy acted as external legal counsel of the lenders.
PTI, through its subsidiaries, owns and operates over 22,000 telecom towers throughout Europe, the United States, Latin America and the Caribbean. In Europe, PTI is present in several countries including France, Italy, Ireland, Malta and Cyprus.
PTI was founded in 2013 with a mission to be a premier site provider to wireless operators across the world in high-growth markets. PTI’s investors include funds managed by Blackstone, Wren House and various members of the management team and is headquartered in Boca Raton, Florida. For more information, please visit www.phoenixintnl.com
BranchOut Food Inc. Expands Partnership with EnWave Corporation. Increasing Manufacturing Capacity by an Additional ~$15mm Annually & Secures Additional Product Exclusivities.
BEND, Ore, Sept. 28, 2023 /PRNewswire/ — BranchOut Foods Inc. (NASDAQ: BOF), the global trailblazer in GentleDried natural snacks and superfood ingredients, is proud to announce a significant expansion of its partnership with EnWave Corporation (TSX-V: ENW | FSE: E4U). BranchOut has agreed to purchase a second large-scale, continuous throughput dehydration machine from Enwave. Under the terms of the new Equipment Purchase Agreement (the “Agreement”), the 120kW REV™ machine is slated for delivery to BranchOut in late calendar 2024 and will add an additional $15mm in estimated topline capacity.
Eric Healy, CEO of BranchOut Food Inc., emphasized, “We are confident that this increased capacity will align perfectly with our growth trajectory, especially in light of our recent commitments from major retailers and the substantial sales pipeline we have established.”
Enwave’s Radiant Energy Vacuum (REV™) technology and associated patent portfolio was previously licensed to BranchOut along with exclusivity for its original core products. Under the new Agreement, the product exclusives have been significantly expanded to encompass the new and innovative products BranchOut has recently developed and will be launching in the very near future.
About BranchOut Food Inc.: BranchOut is an international food-tech company delivering truly great natural snacks and real superfood ingredients enabled by their licensed dehydration technology. BranchOut Food is a leading provider of high-quality dehydrated fruit and vegetable-based products and its commitment to quality and innovation sets it apart as a trusted brand and private label supplier. For more information about BranchOut Food Inc. and its products, please visit www.branchoutfood.com.
About EnWave: EnWave Corporation stands as a global leader in vacuum microwave dehydration innovation and application. Operating from its headquarters in Vancouver, BC, EnWave boasts an impressive intellectual property portfolio and has refined its Radiant Energy Vacuum (REV™) technology into a proven, consistent, and scalable drying solution. This revolutionary technology outperforms traditional drying methods in terms of efficiency, capacity, product quality, and cost.
BranchOut Food Inc.
Email: [email protected]
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SIGMA Financial AI unveils Akili-AI: Cutting-Edge, AI-based, no-code suite of tools for traders
– Augments trader’s interactions and transforms decision-making capabilities
– Handles the full extent of structured to unstructured financial data
– Mitigates portfolio exposure risk and accelerates speed to market
LONDON, Sept. 28, 2023 /PRNewswire/ — SIGMA Financial AI, an innovator in developing AI-driven trading solutions, launches Akili-AI*, a sophisticated suite of enterprise-ready trading strategy tools. Akili-AI is a cutting-edge, no-code solution enabling data-driven insights to support the specialist needs of the global financial services trading community.
Akili-AI incorporates machine learning (ML) and natural language processing (NLP) to deliver agile tools which are more intelligent, faster and easier to use, enabling traders to create strategies at a scale and speed unachievable without AI support. Completely asset-class and instrument-agnostic, the Akili-AI system streams real-time trading data, allowing users to screen, test and design complex trading strategies promptly.
Their SaaS-based Pattern matching platform (Patterns as a Service) helps traders monitor thousands of instruments in real-time, scanning charts for momentum changes, technical signals, support, and resistance zones. The NLP research function supports fundamental and technical qualifications from thousands of news, social media and traders’ data. Akili-AI’s flexible modular architecture, built using modern protocols, is cloud-based and scales to support the largest trading enterprises.
Andy Simpson, Co-founder and CEO, commented, “Traders are having to cope with a constant squeeze on their book; this, combined with a huge increase in data volumes, has created the need for transformative solutions which can help them find an edge. They need the ability to find new liquidity fast, enhance their trade execution capabilities, and reduce portfolio risk; Akili-AI can deliver all this at a lower cost point and faster than ever.”
“Akili-AI transforms market interaction and improves productivity by liberating traders from the constraints imposed by long-established, outdated working practices and legacy technology infrastructures. Accelerated speed to market is crucial in an industry where every second counts. Our mission is to provide AI-based solutions which enhance the human experience – not replace them – helping to generate more revenue and increased profitability,” Andy continued.
Rob Maunder, Co-founder and Chief Commercial Officer, said, “Our pioneering and creative team is an unusual blend of deep financial services experience, phenomenal engineering and world-class AI technologists who bring an unrivalled track record of developing new platforms at pace. We break the mould by delivering incredible engineering of low-latency, highly scalable systems drawing on more than a decade of generative AI experience in the social media and music industries.”
Andy concluded, “Akili-AI is the start of a refreshingly different journey of technological change; watch this space. There is much more to come.”
*Akili is the Swahili word for intelligence.
About SIGMA Financial AI:
We provide traders with a set of tools that are faster, smarter and easier to use. Our AI machine learning product suite unlocks trading opportunities through real-time analytics underpinned by world-leading, scalable, ultra-low latency architecture.
Note to Editors: For more information about SIGMA Financial AI, please visit www.sigmafinancial.ai.
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