Fintech PR
UGREEN Launches Nexode Power Bank Series in Middle East for Fast On-the-Go Charging
DUBAI, UAE, Aug. 9, 2024 /PRNewswire/ — UGREEN, a global leader in consumer electronics and charging technology, has launched the highly anticipated Nexode Power Bank series in the Middle East. UGREEN Nexode Power Bank series includes three models: 25000mAh 200W, 20000mAh 130W, and 12000mAh 100W. These high-wattage power banks are designed to deliver fast and efficient charging for a wide range of devices, making them the perfect solution for on-the-go power needs, whether for long-distance business trips, commuting, or outdoor activities.
Consider the UGREEN Nexode Power Bank 25000mAh 200W as an example. This high-capacity power bank provides reliable and simultaneous power to multiple devices such as laptops, tablets, and smartphones, ensuring users stay productive on the go. One of the standout features of this charger is its exceptional fast-charging capability. Equipped with a C1 single port that delivers a super-fast 140W charge, it can power up a MacBook Pro 16″ to 56% in just 30 minutes. This means less waiting and more doing, making it an indispensable tool for professionals who need to stay connected and efficient.
The Nexode Power Bank series’ design is also worth mentioning. Its ultra-portable, column-shaped structure maximizes space efficiency, making it both lightweight and compact. With dimensions of 54*50*155mm and a weight of 609g, this innovative design allows the power bank to easily fit into a bag or be comfortably held in your hand, making it ideal for travel.
Safety is always at the forefront of UGREEN’s products, and the Nexode Power Bank series is no exception. UGREEN Nexode Power Bank 25000mAh 200W features an Automotive Grade Lithium-ion Power Cell, a 13-layer Safety Protection system, and a ThermalGuardTM system with V-0 flame-retardant casing. The real-time temperature detection and high-speed heat dissipation guarantee worry-free use and protection for charged devices. These features ensure the battery is durable and can handle up to 1000 charge-discharge cycles while retaining at least 80% of its capacity. With multiple protections and professional safety certifications, users can trust the Nexode Power Bank’s hardware design to provide reliable quality and durability.
The series also comes equipped with a TFT Smart Display, allowing users to monitor the battery level, remaining time, output/input power, voltage, current, and other information in real-time. Its vibrant display and delicate colors showcase the charm of technology and make it stand out.
The Nexode Power Bank 25000mAh 200W priced at AED 499 in the UAE and SAR 499 in Saudi Arabia, can be purchased online in the UAE now and will soon be available in Saudi Arabia this September. Users can also purchase through offline channels such as Virgin, Lulu, Jumbo, Emax, Sharaf DG in the UAE, or Extra, Virgin, Zain, and Almanea in Saudi Arabia.
For more information, please visit:
Facebook: https://www.facebook.com/UgreenMiddleEast
Instagram: https://www.instagram.com/ugreen_middle_east/
X: https://x.com/UgreenMEA
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View original content:https://www.prnewswire.co.uk/news-releases/ugreen-launches-nexode-power-bank-series-in-middle-east-for-fast-on-the-go-charging-302218786.html
Fintech PR
Vialto Partners to Accelerate Growth and Investment in Client-Focused Solutions with $225 Million Equity Capital Investment from Existing Investors
New Investment to Advance Vialto’s Strategic Growth Initiatives and Enable Further Innovation in Technology and Teams Delivering Mobility, Tax, and Immigration Solutions to Clients
Transaction Completely and Definitively Transforms Vialto’s Capital Structure, Reducing Outstanding Debt by Approximately $700 Million
NEW YORK, Nov. 11, 2024 /PRNewswire/ — Vialto Partners (“Vialto” or the “Company”), a premier provider of global mobility, tax, and immigration solutions to the world’s leading companies, announced today a step that will further strengthen the Company’s ability to serve clients with its suite of global mobility solutions.
A group consisting of Vialto’s existing financial sponsor, Clayton, Dubilier & Rice (“CD&R”) and certain of its existing lenders, including HPS Investment Partners (“HPS”), have agreed to a recapitalization transaction that will deliver a $225 million equity capital investment in Vialto and an approximately $700 million reduction in the Company’s outstanding debt, creating a sustainable capital structure for Vialto going forward. This transaction will enable further investment into Vialto’s global platform, technology, and teams.
“I am delighted by the continued support and increased investment from CD&R and HPS, two of the world’s leading private investors. This agreement marks an important milestone for Vialto that definitively transforms our capital structure so that we can accelerate our investment in the integrated compliance and advisory solutions and technologies that help our clients navigate changing global dynamics, as well as seize new opportunities for growth,” said Neil Masterson, CEO of Vialto.
Masterson continued, “When combined with the significant progress our team has made to optimize Vialto’s operations, this new investment will enable us to double-down on what our clients care about most – seamless service, led by the best technical experts in the global mobility profession, and underpinned by cutting-edge technology and a global network that serves 180 countries.”
“I would like to thank all of my colleagues for their continued efforts, our investors for their vote of confidence in Vialto, and our clients for their continued trust and partnership. Vialto looks forward to continue serving our clients wherever they need us, and strengthening our position as the largest pure-play global mobility and immigration partner.”
Transaction Details
In connection with the $225 million equity investment, Vialto has entered into an agreement with its key financial stakeholders to support a recapitalization transaction that will significantly deleverage and strengthen the Company’s balance sheet (“Transaction”). The Transaction is expected to reduce Vialto’s outstanding debt by approximately $700 million and provide meaningful liquidity.
As part of the Transaction, the Company has also reached an agreement with certain of its lenders on amendments to the underlying debt obligations that will provide the Company with additional flexibility to continue to grow its business and provide its clients with best-in-class service.
Following completion of the Transaction, CD&R will remain the majority shareholder of Vialto and HPS will become a minority equity owner.
Vialto expects the Transaction to close in the first quarter of 2025, subject to execution of definitive documentation, obtaining requisite regulatory approvals, and the satisfaction of other customary closing conditions. Vialto expects to have its capital structure reviewed and rerated by ratings agencies after the Transaction closes.
Weil, Gotshal & Manges LLP is providing legal advice to Vialto. Evercore Group L.L.C. is serving as financial advisor and AlixPartners LLP is acting as operational advisor to Vialto. Debevoise & Plimpton LLP and Kirkland & Ellis LLP are providing legal advice to CD&R. Moelis & Company is serving as financial advisor to CD&R. Paul, Weiss, Rifkind, Wharton & Garrison LLP is providing legal advice to HPS. Houlihan Lokey is serving as financial advisor to HPS. Davis Polk & Wardwell LLP and Ashurst LLP are providing legal advice to the First Lien Ad Hoc Group, Guggenheim Securities, LLC is serving as financial advisor.
About Vialto Partners
Vialto Partners works with the world’s leading companies to provide the global mobility, tax, and immigration solutions that enable cross-border operations. As a trusted advisor of compliance, consulting, and technology services to multinational corporations, the firm solves complex, cross-border workforce mobility challenges to ensure its clients and their employees experience a consistent and compliant global mobility experience through Vialto’s cutting-edge technology and deep domain expertise. To learn more, visit www.vialtopartners.com.
Media Contacts:
Vialto Partners
Kal Goldberg / Kerry Golds
[email protected]
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Fintech PR
FXGiants Announces Latest Upgrade – Experience Zero Commissions and Zero Spreads on New Accounts
HAMILTON, Bermuda, Nov. 11, 2024 /PRNewswire/ — FXGiants, a CFD broker, has just announced a major enhancement to its trading account offerings. Traders now have the game-changing option to open accounts with zero commission and zero spreads – an option that is not easy to find in the crowded brokerage scene. This update introduces flexibility to both new and experienced traders, allowing them to maximize their investment potential.
“We are excited to introduce the zero commission and zero spread accounts as part of our continuous effort to improve the trading experience,” stated Christopher Oates, spokesperson for FXGiants. “Offering both Live and STP/ECN accounts gives traders the power to decide how they want to engage with the market. Our Live accounts include the option for no commission and competitive spreads, while the STP/ECN accounts give traders direct access to the market with some of the tightest spreads available. We are confident that this kind of versatility sets us apart in the industry.”
Designed with Every Trader in Mind
Beyond these account offerings, FXGiants brings a lot to the table for traders. The company includes several financial instruments spanning six asset classes like forex, metals, indices, and futures. Traders can take advantage of FXGiants’ exceptional trading conditions, such as fast execution, and flexible leverage, all available on the popular MT4 and FXGiants Web Trader platforms. Additionally, the broker has a dedicated, multilingual support team, ensuring that no one gets left behind.
“At FXGiants, we pride ourselves on offering not just a range of financial instruments but a comprehensive and dynamic trading environment,” added Oates. “From VPS hosting to PMAM for managing accounts, and a strong partnership program, we have built an ecosystem that is crafted to help traders achieve results. And we are not stopping here. Innovation is key, and our team will keep pushing to deliver more.”
About FXGiants
A prominent global brokerage firm, FXGiants gives traders access to over 300 instruments in different asset categories. With a reputation for offering top-class trading services, FXGiants stands out by delivering tight spreads, fast funding methods, IB or Affiliate programs, and deposit bonuses. Moreover, FXGiants supports clients worldwide with a 24/5 multilingual customer service team and aims to be a one-stop destination for traders seeking an advanced, reliable, and smooth trading experience.
All trading involves risk. It is possible to lose all your capital.
Website: https://www.fxgiants.com/
View original content:https://www.prnewswire.co.uk/news-releases/fxgiants-announces-latest-upgrade—experience-zero-commissions-and-zero-spreads-on-new-accounts-302301279.html
Fintech PR
Nereus Finance Launches its NRS Token on MEXC, Kicking Off Series of Exchange Listings
HONG KONG, Nov. 11, 2024 /PRNewswire/ — Nereus Finance, a pioneering decentralized derivatives trading platform on Polygon, is excited to announce the listing of its governance and utility token, NRS, on MEXC on November 11, 2024 at 11 am UTC. This debut marks the first of many planned exchange listings, expanding access to Nereus Finance’s high-leverage DeFi ecosystem.
This announcement follows Nereus Finance’s impressive growth, with the platform achieving over 138,000 transactions and almost $200 million in trading volume to date, underscoring its rapid adoption and strong market demand.
About NRS Token and Its Role in the Nereus Ecosystem
The NRS token is essential to the Nereus Finance platform, granting users governance rights and rewarding stakers with dual incentives. Designed for long-term engagement, NRS holders benefit from:
- Staking Rewards: NRS staking offers dual rewards—real yield in USDT and yield in escrowed NRS tokens (esNRS). Through a vote-escrow (ve-token) model, stakers earn rewards proportional to the length of their stake, ranging from 1 to 104 weeks. Stakers can also choose to extend or augment their stakes mid-term, with rewards allocations adjusted accordingly. Notably, 80% of Nereus’s daily trading fees are shared with NRS token holders, rewarding them directly from platform activity. An APR cap of 50% is in place for esNRS tokens rewards, to maintain token stability and prevent inflationary pressures.
- DAO Governance: The NRS token empowers users to participate in governance decisions through a quadratic voting model, where voting power scales with the square root of NRS tokens staked. This model ensures more equitable influence within the community. Additionally, a substantial allocation of tokens to the DAO Treasury enables the community to drive Nereus Finance’s strategic direction and development initiatives.
CEO of Nereus Finance, shared his enthusiasm for this development, stating, “The launch of NRS on MEXC represents a foundational step in our strategy to make DeFi-based derivatives trading more accessible and community-driven. With the NRS token, users have a unique opportunity to not only receive staking rewards but also shape the platform’s future. We are excited to empower users globally with this listing and to continue expanding Nereus’s ecosystem.”
About Nereus Finance
Nereus Finance is a leading derivatives trading platform on Polygon that merges DeFi transparency with a centralized exchange-like user experience. Key features include:
- CEX-like User Experience: Offering gasless transactions, social logins, and single-click trading for seamless usability.
- Up to 150x Leverage: High leverage across various assets, including crypto, forex, commodities, and prediction markets.
- Unmatched Security and Transparency: On-chain settlements and Polygon’s ZK Layer 2 solution ensure fast, secure, and fully transparent trading.
This listing on MEXC marks a pivotal step in Nereus Finance’s mission to deliver accessible, high-leverage, and secure trading experiences globally.
For more information, please visit Nereus Finance Website and explore trading options on Nereus Trading Platform.
Website: www.nereus.finance
Photo: https://mma.prnewswire.com/media/2553996/Nereus.jpg
Logo: https://mma.prnewswire.com/media/2365558/5018268/Nereus_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/nereus-finance-launches-its-nrs-token-on-mexc-kicking-off-series-of-exchange-listings-302301272.html
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