Fintech PR
Nium grows presence in Lithuania with local team and office expansion
VILNIUS, Lithuania, Aug. 29, 2024 /PRNewswire/ — Nium, the global leader in real-time cross-border payments, is expanding its operational hub in Vilnius through new hires and a new office facility that will better serve its growing customer base across Europe. This includes:
- Hiring 18 new full-time employees in Lithuania, representing 100% headcount growth over the last 8 months
- Moving to a new state-of the art office in Vilnius to support employees and collaboration among the local fintech community
- Appointing a new Chairman of the Board to oversee further investment in Nium’s local operations and offering to customers in the EU
Over the last seven years, Nium has steadily grown its presence in Lithuania following the approval of its Electronic Money Institution (EMI) license by the Bank of Lithuania in 2017. The license has enabled the fintech to better serve its European and global business customers with entities in the EU.
Now, the cross-border payments leader has moved to a new, larger, state-of-the-art office in Vilnius as it continues to hire more local talent and strengthen its operational risk and compliance teams. Nium celebrated the occasion with an informal office launch party for employees on 7th August 2024, with Spencer Hanlon, the firm’s newly appointed Chief Operations Officer and Chariman of the Board of Nium’s Lithuania entity, leading the proceedings. Nium’s Co-Founder and Chief Business Officer, Mike Birmingham, was also in attendance.
“Lithuania is a highly attractive market for fintechs on the world stage. A combination of forward-thinking regulators, world-class talent, and collaborative community members make Lithuania a leading fintech hub in the EU, enabling global fintechs like Nium to accelerate opportunity and innovation in the marketplace. This is an exciting step forward, driving greater investment in the local fintech ecosystem and Nium’s operational efficiencies to better serve our customers across Europe and around the world,” said Spencer Hanlon, Chief Operating Officer at Nium.
Nium is among the earliest members of Fintech Hub Lithuania, a local association that seeks to unite and support the interests of fintech companies in the region.
“Nium has been ever present in the Lithuania fintech landscape for some time. Now, we have a team and physical space that reaffirms our commitment to Lithuania’s dynamic fintech community,” adds Karolis Urbonavicius, Lithuania Country Manager at Nium.
Among its cross-border payment capabilities, Nium enables faster payments in the region, processing transactions through CENTROlink, the payment system operated by the Bank of Lithuania, providing the gateway to the Single Euro Payments Area (SEPA).
Including licenses issued by the Bank of Lithuania (BOL), UK Financial Conduct Authority (FCA), and Institute of Financial Services Malta (IFSM), Nium holds over 40 regulatory authorizations around the world to serve its customers on a global scale. In addition to Lithuania, the company has a number of local offices across Europe in London, Malta, and Amsterdam, and is co-headquartered in Singapore and San Francisco.
Nium enables banks, financial institutions, and platforms to collect, convert, and disburse money instantly across borders. Today, its global payout network supports low-cost payments in 100 currencies to more than 220 markets, 100 of which in real-time. Its customers serve many industries, including travel, e-commerce, and payroll, among others.
About Nium
Nium, the global leader in 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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View original content:https://www.prnewswire.co.uk/news-releases/nium-grows-presence-in-lithuania-with-local-team-and-office-expansion-302234342.html
Fintech PR
SeaBubbles Accelerates Sustainable Maritime Mobility with SmartBubble and Strategic Acquisition
SAINT JORIOZ, France, Sept. 13, 2024 /PRNewswire/ — SeaBubbles, French pioneer in zero-emission hydrofoils, strengthens its commitment to ecological transition with the launch of SmartBubble, new flying boat model combining cutting-edge technology with iconic design. This innovative vessel, designed to carry up to eight people at a speed of 16 knots (30 km/h), takes its passengers on a silent and environmentally friendly flight, ideal for water taxi services and urban transportation.
SmartBubble: Concentration of Technology and Design
Following the success of its first public line on Lake Annecy, where hundreds of passengers experienced the unique sensation of flying aboard The Bubble (4-seater model), SeaBubbles reaches a new milestone with the homologation of the SmartBubble (8-seater model) and its four patents, including retractable foils.
SmartBubble technology is geared towards energy efficiency. The submerged wings (foils) equipped with automatic flaps allow to fly at low speeds, saving 40% of energy required. This unique boat has just been presented afloat for the first time at the Cannes Yachting Festival.
SeaBubbles Strengthens Flight Control Expertise with Neocean Acquisition
SeaBubbles also announces the acquisition of Neocean technology, to accelerate the development of flight control expertise, specifically on “inverted T” foils. Neocean is renowned for developing the Overboat, foiling catamaran with proven stability and maneuverability.
SeaBubbles is a key player in hydrofoil navigation, technology that improves energy efficiency of boats, particularly electric ones. The flight control system is a central element of the flight experience: it is designed to ensure stable flight by dynamically and autonomously managing the mechanical inclination of the flaps on the trailing edges of the foils.
SeaBubbles: Vision for the Future
SeaBubbles’ ambition is to revolutionize urban and suburban maritime transport with more efficient and environmentally friendly boats. Examples such as the Calanques National Park, Norwegian fjords, alpine lakes or the canals of Amsterdam demonstrate a committed initiative towards the preservation of aquatic ecosystems by gradually banning the circulation of thermal boats.
“Foils significantly reduce the drag of our boats, allowing our hydrofoils to move more easily and with less energy than a conventional boat: a considerable gain in cost and energy,” explains Virginie Seurat, CEO of SeaBubbles. “The acquisition of Neocean marks a decisive turning point and prepares us for our industrialization phase. We are ready to redefine the pleasure of boating and offer boats that comply with increasingly stringent environmental standards, while offering unique sailing comfort – zero noise, zero waves, zero emissions.”
AxiCom for SeaBubbles, [email protected]
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View original content:https://www.prnewswire.co.uk/news-releases/seabubbles-accelerates-sustainable-maritime-mobility-with-smartbubble-and-strategic-acquisition-302247900.html
VILNIUS, Lithuania, Sept. 13, 2024 /PRNewswire/ — BingX, a global leading cryptocurrency exchange, is thrilled to announce the launch of a new digital asset, AgentLayer ($AGENT), on its Launchpool. As a decentralized network for autonomous AI agents, AgentLayer is designed to coordinate and collaborate with human oversight in a permissionless environment. At the heart of this innovation is $AGENT, a new AI currency that powers the Agent Economy on the Base blockchain, enabling the minting, deployment, and swapping of AI assets on-chain. This limited-time staking event will take place from September 13 to September 18, giving BingX users the chance to earn AGENT tokens while discovering the potential of this innovative AI-powered project.
Vivien Lin, Chief Product Officer at BingX and Head of BingX Labs, shared her enthusiasm about the listing of AgentLayer on the Launchpool, highlighting the project’s potential to revolutionize AI-driven technologies. “We believe that AgentLayer represents a significant step forward in how AI agents can collaborate autonomously across industries. This token listing should make it easier for users to engage with this exciting new frontier of decentralized AI, unlocking incredible opportunities for growth and innovation.”
BingX Launchpool is built to provide a seamless and rewarding staking experience for its users. They can deposit or withdraw their staked assets at any time during the event period. Rewards are generated hourly based on random snapshots and automatically credited to participants’ accounts. Once the event ends, the staked assets will be automatically returned to BingX users, ensuring a smooth and risk-free experience.
In this round, participants can stake USDT or BTC, with a total reward pool of 6.5 million AGENT tokens. This Launchpool has a deposit limit, allowing BingX users to stake up to 20,000 USDT in the USDT pool and up to 0.35 BTC in the BTC pool. BingX users can further maximize their rewards by participating in a later staking activity involving AGENT.
The introduction of AgentLayer on BingX Launchpool is part of the exchange’s ongoing commitment to providing users with access to cutting-edge blockchain projects and fostering innovation within the cryptocurrency space. With flexible staking options, automated rewards, and risk-free asset management, BingX continues to enhance user engagement and bring meaningful opportunities to its global community.
About BingX
Founded in 2018, BingX is a leading cryptocurrency exchange serving over 10 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 Chelsea FC’s principal partner, 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-lists-agentlayer-on-launchpool-unlocking-new-staking-opportunities-302247667.html
LONDON, Sept. 13, 2024 /PRNewswire/ — ATFX Connect, the trading name of AT Global Markets (UK) Limited (“ATFX”), announces the addition of Non-Deliverable Forwards (“NDFs”) to its product portfolio.
This additional offering will provide the company’s global client base with access to pricing and currency markets in Asia and LATAM.
This significant addition means that ATFX Connect, the institutional arm of AT Global Markets (UK) Limited, can provide its global customer base with enhanced liquidity and transparency across a wider range of products. This reflects increasing demand from its clients for electronic trading capabilities in NDFs, and the ability to automate and offer streaming prices, thus allowing clients to participate more effectively in this space.
Wei Qiang Zhang, the Managing Director of ATFX Connect, shared his excitement about the new addition: “This is a testament to the firm’s unwavering commitment to our global client base. By offering electronic pricing and access to NDFs, we are meeting the evolving needs of our clients. Our focus on automation and real-time streaming prices means greater liquidity and transparency and reflects our dedication to innovation and excellence in serving our institutional clients.”
The electronification of NDFs has become key in the institutional market as demand from the Buy side has transitioned away from voice execution, and market participants now seek a more automated approach, allowing for greater liquidity and transparency when trading. This launch shows ATFX Connect’s commitment to offer clients more dynamic and systematic solutions and reflects its strong partnerships with the LPs, who continue to support ATFX globally.
Get in touch with the ATFX Connect sales team to find out more at www.atfxconnect.com
About ATFX Connect
ATFX Connect is a trading name of AT Global Markets (UK) Limited, which is authorised and regulated by the Financial Conduct Authority. ATFX Connect’s bespoke liquidity offerings are available to institutions, hedge funds, broker-to-broker, family offices, asset managers, and High-Net-Worth Individuals.
ATFX Connect supports institutional clients by providing them with direct market access to liquidity from T1 banks and non-bank providers in Spot FX, Precious Metals, CFDs, and NDFs. In addition, the flexible infrastructure enables ATFX to manage aggregation and pricing and allows integration with any third-party platform.
AT Global Markets (UK) Limited is part of the ATFX Group.
View original content:https://www.prnewswire.co.uk/news-releases/atfx-connect-launches-ndfs-302247641.html
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