STOCKHOLM, Jan. 9, 2025 /PRNewswire/ — EQT AB’s Year-end Report 2024 will be published on Thursday 23 January 2025 at approximately 07:00 CET. EQT will host a conference call at 08:30 CET to present the report, followed by a Q&A session.

The presentation and a video link for the webcast will be available here from the time of the publication of the Year-end Report.

To participate by phone and ask questions during the Q&A, please register here in advance. Upon registration, you will receive your personal dial-in details.

The webcast can be followed live here and a recording will be available afterwards.

Information on EQT AB’s financial reporting

The EQT AB Group has a long-term business model founded on a promise to its fund investors to invest capital, drive value creation and create consistent attractive returns over a 5 to 10-year horizon. The Group’s financial model is primarily affected by the size of its fee-generating assets under management, the performance of the EQT funds and its ability to recruit and retain top talent.

The Group operates in a market driven by long-term trends and thus believes quarterly financial statements are less relevant for investors. However, in order to provide the market with relevant and suitable information about the Group’s development, EQT publishes quarterly announcements with key operating numbers that are relevant for the business performance (taking Nasdaq’s guidance note for preparing interim management statements into consideration). In addition, a half-year report and a year-end report including financial statements and further information relevant for investors is published. Finally, EQT also publishes an annual report including sustainability reporting.

Contact
Olof Svensson, Head of Shareholder Relations, +46 72 989 09 15
EQT Shareholder Relations, [email protected]
Rickard Buch, Head of Corporate Communications, +46 72 989 09 11
EQT Press Office, [email protected], +46 8 506 55 334

This information was brought to you by Cision http://news.cision.com.

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Nium now provides card solutions across the four major schemes, delivering flexibility at scale for its travel customers and partners around the world

LONDON, Jan. 9, 2025 /PRNewswire/ — Nium, the leading global infrastructure for real-time cross-border payments, today announced the launch of the Diners Club International® Card for its travel customers. This milestone makes Nium one of the first global card issuers in the travel space to offer cards across the four major schemes.

Nium empowers some of the world’s largest online travel intermediaries to instantly, securely, and cost-effectively pay airlines and travel suppliers around the world using its B2B virtual card solution. Now, the introduction of the Diners Club International Card provides Nium travel customers with even greater payment flexibility, acceptance, and choice, reinforcing Nium’s position as a scheme-agnostic innovator in the travel payments industry.

“Expanding our payments offering with Diners Club International underscores Nium’s commitment to delivering innovative and flexible solutions that meet the evolving needs of the travel ecosystem,” said Mark Anthony Spiteri, SVP & Global Head of Card Business at Nium. “Building on our real-time cross-border payments network spanning over 220 markets, our ability to issue virtual cards across four of the world’s leading payment schemes – Visa, Mastercard, UATP, and now Discover – gives our customers unparalleled global access, so they can scale their businesses seamlessly across borders and industries.” 

Diners Club International, which is a part of Discover® Global Network, provides travel corporations and business owners with a range of payment and expense management solutions. Diners Club Card holders benefit from acceptance at more than 55 million global merchant locations¹ and over 1.2 million ATMs, as well as access to over 1,500 airport lounges and experiences worldwide.

“The premium proposition offered by Diners Club International is perfectly aligned with Nium’s ambition to deliver best-in-class payment solutions to its travel intermediary, airline, and global partners. Diners Club International’s unique partnership model has built a strong acceptance footprint around the world. Complemented by Nium’s expansive real-time payments network, we are now able to reach even more global markets and members than before,” said Matt Sloan, Vice President, International Markets EMEA at Discover.

The addition of the Diners Club International Card will optimize costs, improve acceptance, and increase optionality for Nium’s virtual card travel customers. The new offering is available internationally. The relationship will also enhance Nium’s growing Airline Payments offering, the travel industry’s first ‘closed-loop’ B2B payment method for online travel agents and their airline partners.

To find out more about how travel intermediaries are unlocking new revenue streams, enhancing customer satisfaction, and improving efficiency with virtual card solutions, download Nium’s guide to How Virtual Cards Create an Air Travel Payments Revolution.

About Nium

Nium, the leading global infrastructure for real-time cross-border payments, was founded on the mission to deliver the global payments infrastructure of tomorrow, today. With the onset of the global economy, its payments infrastructure is shaping how banks, fintechs, and businesses everywhere collect, convert, and disburse funds instantly across borders. Its payout network supports 100 currencies and spans 220+ markets, 100 of which in real-time. Funds can be disbursed to accounts, wallets, and cards and collected locally in 40 markets. Nium’s growing card issuance business is already available in 34 countries. Nium holds regulatory licenses and authorizations in more than 40 countries, enabling seamless onboarding, rapid integration, and compliance – independent of geography. The company is co-headquartered in San Francisco and Singapore. 

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¹ Based on data provided to Diners Club International by merchants, acquiring institutions and other third parties as of December 31, 2023.

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HANOVER, Germany, Jan. 9, 2025 /PRNewswire/ — Backpack Exchange, a fully regulated global cryptocurrency exchange, today responded to statements made by FTX Trading LTD (d/b/a. FTX.com) and the FTX Recovery Trust (collectively “FTX”) regarding the recent acquisition of FTX EU. 

Backpack recognizes that the sale of FTX’s European assets is a complex process and appreciates the FTX bankruptcy estate for their commitment to clarity and maximizing customer return.

We would like to issue this press statement to clarify certain statements made by the FTX estate that could potentially be confusing to FTX EU customers.

As widely reported in early 2024, FTX entered into a sale of various European assets, including FTX EU, to certain former insiders in February 2024, which was approved by the FTX bankruptcy court in March 2024 and subsequently closed in May 2024. Payments have been made to the FTX bankruptcy estate in accordance with the terms of purchase.

Subsequently, Backpack purchased the same European assets from these same insiders, which has also been completed and reflected on official publicly available German court records since June 2024.

As a licensed entity, the transfer of the FTX EU entity was subject to regulatory approval by CySec. In December 2024, CySec approved Backpack’s purchase following a lengthy diligence process. Following such approval, the FTX estate is obligated to transfer the shares as set out in the court-approved sales and purchase agreement.

We look forward to the completion of the transfer so that, like the FTX bankruptcy estate, we can begin to return customer funds to former FTX EU customers.

The FTX estate will not be responsible for the repayment of any funds owed by FTX EU to former FTX EU customers. FTX EU will be renamed to Backpack EU and Backpack EU will be solely responsible for redistributing former FTX EU customer funds. 

If there is any confusion, we welcome any questions from former FTX EU users. Please do not hesitate to reach out to [email protected] with any questions.

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