Fintech PR
London Technology Club founder enjoys successful exit with Channel Mechanics acquisition

LONDON, March 15, 2024 /PRNewswire/ –The London Technology Club (LTC), the leading international platform for investment opportunities for club members and family offices in the technology sector, announces a successful exit for its founder and CEO Konstantin Sidorov and some members from the sale of the leading Partner Relationship Management (PRM) company Channel Mechanics to Allbound.
The acquisition of Galway-based Channel Mechanics to Allbound creates the industry’s most comprehensive PRM platform with more than 1.1 million registered opportunities totalling more than $140 billion of sales through partnerships on the combined platforms. Sidorov will receives a strong return on his initial investment from just less than 8 years ago.
LTC was founded by Konstantin Sidorov, the international entrepreneur and investor with over 30 years’ experience. From 1992 he built up RRC to become the largest IT holdings in Eastern Europe, and in 2016 he sold the Eastern European division to Ingram Micro, a NASDAQ listed company. Konstantin has specialist expertise in tech investment; he was one of the early investors in Spotify and his other notable exits include Airbnb, Revolut, Reflektion and Revolut.
Konstantin Sidorov, Founder, CEO and General Partner, London Technology Club, said:
“Congratulations to Channel Mechanics and Allbound for this industry-defining union. Channel ecosystems are a key source, and often overlooked facet for growth, customer retention and enterprise dynamism. Channel Mechanics has, ever since our initial investment and as a director / board member, continued to impress me with their year-on-year growth and continuous customer success stories. The deal between Channel Mechanics and Allbound is another sign that the outlook for the market is much more positive and the opportunity for technology investing is now”.
The LTC, grown as a community of over 120 club members, VCs, technology experts and institutional investors. This community fosters a strong track record of targeted investments. Their first three funds, totalling over $80 million raised and deployed, demonstrate their success. LTC recently secured the first closing of their latest fund, LTC Pledge Fund IV. This fund prioritizes investments in companies valued between $100 million and $1 billion, with a particular focus on those able to fully leverage the power of Artificial Intelligence (AI). They’ll continue their strategy of directly investing in top-tier growth-stage companies and strategically aligned VC funds.
The LTC’s success to date is testament to the world-class support of its advisory board that enjoys the knowledge, experience, and connectivity of a suite of distinguished investors. This includes Jim Mellon (Investor, Founder of the Burnbrae Group, Cofounder and Chairman of Juvenescence), Peter Brabeck-Letmathe (chairman emeritus, former chairman and CEO of the Nestlé Group, former chairman of Formula One and Board Member of the World Economic Forum), June Felix (Former CEO of FTSE 250 company IG Group, former President of Verifone Europe), Kirill Tatarinov (Executive Vice Chairman at Acronis, former CEO of Citrix, Former President of Microsoft Business Solutions and Chair at ITRS and Spitch) and Martin Gilbert (Chairman of Revolut, AssetCo and Toscafund Co-founder & CEO of Aberdeen Asset Management 1983-2017).
About the London Technology Club:
Founded in 2018, the London Technology Club is an exclusive community of family offices, private and institutional investors, venture capital firms, entrepreneurs and technology experts. The Club has offices in both London and Dubai.
The Club combines co-investment, learning and relationship-building opportunities in the tech sector and provides access to competitive VC funds with attractive returns.
Some of the exciting tech sectors we cover include Mobility, AI, FinTech, SaaS, Cybersecurity, MarTech, DeepTech & Impact Investments.
About Channel Mechanics
Channel Mechanics puts ease of doing business with partners at the core of our Channel Program Automation Platform. With the world’s leading vendors utilizing the Channel Mechanics Platform for their partner community and channel teams, our customers are driving competitive advantage, accelerating revenue, and building partner loyalty.
The Channel Mechanics platform ensures a simple and consistent experience for vendors to design, configure, launch and measure the ROI on multiple partner programs for all partner types. By optimizing the operational aspects of programs, vendors create a frictionless partner experience.
More about the Allbound acquisition of Channel Mechanics here: Channel Mechanics joins forces with Allbound
View original content:https://www.prnewswire.co.uk/news-releases/london-technology-club-founder-enjoys-successful-exit-with-channel-mechanics-acquisition-302089588.html
Fintech PR
BingX Joins NBX 2025 as a Gold Sponsor: Empowering Blockchain Innovation

PANAMA CITY, March 15, 2025 /PRNewswire/ — BingX, a global leading cryptocurrency exchange, is excited to announce its participation as a Gold Sponsor at the 5th edition of Next Block Expo (NBX), scheduled for March 19-20, 2025, at Multikino Złote Tarasy in Warsaw, Poland. As one of Europe’s premier Web3 events, NBX 2025 is expected to attract over 2,000 attendees, making it a key platform for blockchain innovation and collaboration.
NBX serves as a dynamic hub for industry leaders, startups, investors, and developers, fostering knowledge-sharing and networking opportunities to drive the future of blockchain. As a firm advocate for Web3 advancements, BingX will showcase its ongoing commitment to innovation through an interactive booth, featuring engaging activities, expert insights, and exclusive giveaways. Attendees will gain firsthand knowledge of how BingX supports high-potential blockchain projects with financial backing, technical expertise, and strategic growth consultations.
In addition to its sponsorship, Vivien Lin, Chief Product Officer of BingX, will be a key speaker at NBX 2025, contributing to discussions on strategic trading approaches, risk management, and the evolving landscape of blockchain investments. She will also deliver a keynote speech exploring BingX’s vision for blockchain innovation and how the company translates emerging technologies into real-world applications.
“At BingX, we believe that true innovation comes from bold ideas and strategic execution,” said Lin. “Sponsoring NBX 2025 is more than just a presence for us — it’s a commitment to fostering a thriving blockchain ecosystem. We are here to connect with visionaries, provide the resources they need, and help shape the future of decentralized technology. By empowering builders and innovators, we’re not just supporting projects — we are accelerating the evolution of Web3 itself.”
BingX’s participation at NBX 2025 underscores its long-term vision of driving blockchain innovation and supporting the next generation of industry leaders. As BingX continues to expand its global footprint, initiatives like this sponsorship reinforce its role as a catalyst for growth in crypto space. By engaging with emerging projects, thought leaders, and investors, BingX remains at the forefront of Web3 advancements, bridging the gap between groundbreaking ideas and real-world impact.
About BingX
Founded in 2018, BingX is a leading crypto exchange, serving over 20 million users worldwide. BingX offers diversified products and services, including spot, derivatives, copy trading, and asset management – all designed for the evolving needs of users, from beginners to professionals. BingX is committed to providing a trustworthy platform that empowers users with innovative tools and features to elevate their trading proficiency. In 2024, BingX proudly became the official crypto exchange partner of Chelsea Football Club, marking an exciting debut in the world of sports.
For more information please visit: https://bingx.com/

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View original content:https://www.prnewswire.co.uk/news-releases/bingx-joins-nbx-2025-as-a-gold-sponsor-empowering-blockchain-innovation-302402414.html
Fintech PR
Great Bay Insurance Group announces executive changes

WEST ATLANTIC CITY, N.J., March 14, 2025 /PRNewswire/ — The Great Bay Insurance Group (the “Group”), a leading provider of coastal homeowners’ insurance in New Jersey, today announced the following leadership changes. Timothy J. Byrne, Jr., has been named as President of the Group and Ronald R. Lovatt has been named President of Great Bay Insurance Company, a wholly owned affiliate of the Group.
Mr. Byrne Jr. has nearly 15 years of industry experience and previously served as the Group’s Chief Operating Officer overseeing the Groups operations and underwriting strategies.
Mr. Timothy J. Byrne, Sr., Chief Executive Officer of the Group, added, “I’m excited to announce the promotion of Tim Jr. to the role of President of The Great Bay Insurance Group and Ron to the role of President of Great Bay Insurance Company. Tim Jr. and Ron have been an integral part of the Group since its founding in 2019.”
As President, Tim Jr. will provide oversight for all corporate support functions and will continue to report to Tim Sr.
Mr. Byrne Jr. holds a BS in Economic and Mathematics from the University of Vermont, an MBA in Risk Management and Insurance from St. John’s University and holds a CPCU designation.
Mr. Lovatt has 40 years of broad insurance industry experience in leadership capacities with international, national, regional and start-up insurance companies. Ron is a founding member of The Great Bay Insurance Group, working with Tim Sr. & Tim Jr. to launch Great Bay in late 2019. Ron currently serves as Chief Underwriting Officer & Chief Claims Officer for The Great Bay Insurance Group, has an MBA from The Wharton School of the University of Pennsylvania, and a Bachelor of Science degree in Economics, Finance, Accounting & Marketing from Miami University.
Contact:
Investor Relations
Brian Schleider, CPA
Chief Financial Officer
609-434-2000, x102
brian.schleider@greatbayinsure.com
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View original content:https://www.prnewswire.co.uk/news-releases/great-bay-insurance-group-announces-executive-changes-302401923.html
Fintech PR
Forward Global responds to surge in UK shareholder activism with launch of UK Corporate Contests Practice

LONDON, March 14, 2025 /PRNewswire/ — International risk management firm Forward Global launched its UK Corporate Contests Practice on Tuesday in response to what is described as “all-time high of shareholder activism” in London and Paris.
Speaking ahead of the launch on Tuesday night, Brendan Foo, Partner and Global Head of Corporate Contests at Forward Global, said “As activism gains currency as an asset class, savvy investors are looking toward the UK and Europe to generate alpha. Indeed, in 2025 alone, we have seen an unprecedented demand for our services not just in our traditional strongholds of the US and Canada, but also in the UK and Europe. This reflects the surge in activist (and active) engagements, with which our team is uniquely well-placed to assist.”
Forward Global’s Corporate Contests Practice was established to meet demand from law firms, investors, and advisers to provide a comprehensive suite of services to support companies in high-stakes shareholder engagements. In keeping with the firm’s established activism practice in the US, the new London offering will deliver investigative and intelligence work such as vetting board nominees, relationship mapping, scrutinizing the track records of both incumbents and challengers, and conducting deep-dive reputation analyses. In Europe, Forward Global’s Patrice Lambert-de Diesbach offers clients battle-tested expertise in investor relations and financial communications.
Shareholder activism in the UK has expanded significantly, with campaigns becoming more frequent and sophisticated. In 2023, the number of new public activist campaigns in Europe surged by 68%, with the UK remaining a primary target. US-based activist investors have also increased their focus on UK firms, launching 40% of all UK activist campaigns in 2024. With contested boardroom battles and regulatory shifts on the rise, the expansion of Forward Global’s Corporate Contests practice into the UK is well-timed, equipping issuers with the intelligence and strategies needed to navigate this evolving landscape.
The firm launched the new practice at an exclusive gathering at the International Institute of Strategic Studies in London, bringing together leading voices from the shareholder activism space to discuss the evolving landscape of transatlantic shareholder activism.
The panel discussion, featuring Brendan Foo, Patrick J. McHugh of Okapi Partners, and Sebastian Fain of Freshfields, explored critical considerations for US investors entering the UK market and vice versa, differences in engagement styles across jurisdictions, and strategies for issuers to proactively engage with both activist and active investors. Panelists also examined the impact of anti-DEI and ESG sentiment on investor relations in the UK, as well as how issuers can adapt to evolving regulatory and institutional expectations.
John Watts, Managing Partner of Forward Global UK, added, “Forward Global’s new UK Corporate Contests Practice is designed to provide companies with the strategic intelligence and investigative depth needed to navigate an increasingly complex activist landscape. Our team is committed to equipping clients with the tools to engage proactively with investors, safeguard their strategic interests, and strengthen shareholder relations across Europe.”
Notes for Editors
Forward Global is an international group, with its historic headquarters in France, boasting five main offices in Paris, Brussels, London, Miami, and Washington. As a leading player in risk management with over 450 employees and 30 partners, Forward Global offers an integrated approach across the three major risks: digital, economic, and informational.
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View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/forward-global-responds-to-surge-in-uk-shareholder-activism-with-launch-of-uk-corporate-contests-practice-302402058.html
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