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Bubblr Is Making All the Right Moves on the Road to Uplisting

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New York, New York–(Newsfile Corp. – May 27, 2021) – PCG Digital — The journey from the OTC market to Nasdaq or NYSE can be a long and winding road, but some companies make the journey worthwhile with key milestones and notable progress along the way. Bubblr (BBLR), an ethical technology company committed to changing the internet for the better, is one of those companies.

On April 13, 2021, the U.S. Patent and Trademark Office approved a Bubblr patent application titled “Internet-Based Search Mechanism.” While there are, after all, several internet search engines out there already, this one stands out from the crowd.

Bubblr has developed an internet that can be used anonymously with no personal tracking or data harvesting. It rewards quality content and evens the playing field for small businesses that are competing with high marketing budgets. It’s a major disruptor and a significant step towards addressing online equities by bringing “privacy to users, trust to content and sustainability to the digital marketplace.”

To that end, Bubblr launched its newly official website on May 13. The upgraded multimedia website is designed to service the small and medium-sized businesses looking for privacy safeguards and an innovative revenue stream based on quality of content, not quantity of ad dollars spent.

Reporting and Compliance Being Handled by PubCo

Uplisting doesn’t happen by accident. Knowing this, in March of 2021, Bubblr engaged the services of PubCo, a financial reporting and SEC regulatory compliance firm for public companies.

The goal of this move, according to Bubblr CEO and founder Steven Saunders, is to prepare for an initial independent audit, the first step in becoming a fully SEC reported company. Pinnacle Accountancy Group of Utah has been selected as the independent auditor.

In the short term, the audit could facilitate an upgrade to the OTCQB quotation tier and eventually an uplist to a national exchange. The company is committed to following this path and appears to be well on its way, based on this and other moves they’ve made in 2021.

Bubblr Appoints Cecil Peters to Strengthen Advisory Board

Innovative technology teams need to be guided by solid leaders for a company to be successful. On May 11, Bubblr announced the addition of Cecil Peters, Executive Director and EMEA Head of Advancing Black Pathways at J.P. Morgan Chase, to its advisory board.

Peters previously served as cybersecurity director at Credit Suisse, and his expertise in technology, international relations and management will be invaluable as the company expands its subscriber base. With his technical expertise and experience promoting diversity and equality in business, he’s a solid addition to the team.

“We are proud to welcome Cecil to our growing Bubblr Advisory Board,” said Bubblr CEO Steven Saunders. “We are thrilled to have brought in so many notable professionals who are committed to ethical technology and equality in business.”

Other advisory board members at Bubblr include Barry L. Shoop, Ph.D., P.E., Brigadier General U.S. Army, and Otto Berkes, Co-Founder of Xbox. Steve Morris, Founder, CTO, and self-described “serial technology innovator,” leads the development team.

Bubblr Appeals to Conscious Consumers and Investors

According to Bubblr, this is the “beginning of the end” for ad tech.

The news is also good for investors: Bubblr (BBLR) stock information and trading can be found on the OTC Market. BBLR is up 17.14% year-to-date. Based on the momentum indicator, the odds of a continued uptrend are roughly 56%.

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PCG is not a registered or licensed broker, dealer, broker-dealer, investment adviser nor investment manager, nor does PCG engage in any activities that would require such registrations. PCG does not provide investment advice, endorsement, analysis or recommendations with respect to any securities, and its services to or statements about its clients should never be construed as any endorsement of or opinion about any security of any client. No information contained in this communication constitutes an offer to sell, a solicitation of an offer to buy, or a recommendation of any security or any other similar product or service regardless of whether such security, product, or service is referenced in this communication. Further, nothing in this communication is intended to provide tax, legal, or investment advice and nothing in this communication should be construed as a recommendation to buy, sell or hold any investment or security or to engage in any investment strategy or transaction. For full disclaimers, including compensation received for professional services, please visit www.pcgadvisory.com/disclosures.

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Stockify goes fully Digital, offers Mutual Funds and Dematerialization of shares

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In a strategic move to expand its offerings and provide a comprehensive suite of financial services, Stockify, a leading platform for Unlisted and pre-IPO shares in India, has announced plans to venture into the Mutual Fund space.

This development comes as part of Stockify’s mission to assist High-Net Individuals (HNIs) and Non-Resident Indians (NRIs) in accessing various investment opportunities in India via the pre-IPO route and maximizing their wealth. The company is also set to facilitate the Dematerialization of Shares. (Conversion of Physical Share to DEMAT account.)

Founded by Piyush Jhunjhunwala (CA, CPA) and Co-Founded by Rahul Khatuwala (CA) both seasoned finance professionals with decades of experience in global conglomerates.

Stockify has already carved a niche for itself in the Indian Financial landscape. The platform primarily focuses on providing access to Blue-Chip Stocks before their listing on the Indian Stock Market (via the Pre IPO Route) enabling early investors to potentially achieve significant returns. While expressing the company’s intent behind expanding its services, Jhunjhunwala said, “Mutual Funds are the backbone of the Indian Equity market, and we believe it is important that NRI and retail investors in India can greatly benefit from our new offering and this will help them in creating long-term wealth.”

The recent announcement of Stockify entering the Mutual Funds market follows the company’s successful acquisition of a Mutual Fund license in the first quarter of 2023. Alongside Mutual Funds, Stockify intends to offer an array of other financial products, like Start-up Funding, fixed investment products like Bonds and Non-Convertible Debentures (NCDs) and Insurance-Linked Investments, in the coming months. Notably, Stockify plans to make all its products and services 100% accessible online, aligning with the Digital India vision of our beloved Prime Minster Mr. Narendra Modi.

Currently, Stockify boasts 70 Unlisted/pre-IPO companies on its platform, with in-depth research conducted on all of them as stated by Jhunjhunwala. It offers a simple online process where transactions can be completed online, and shares get transferred to the clients DEMAT account on the same day.

Stockify’s global presence was recently showcased at the Dubai Fintech Summit (DFS). The two-day event brought together over 5,000 C-suite leaders, 1,000-plus investors, and 150 speakers from around the world. Stockify was selected as one of the proud exhibitors at the summit, solidifying its position as one of the world’s largest providers of pre-IPO and Unlisted Stocks in India.

With its ambitious expansion plans and commitment to innovation, Stockify is set to continue revolutionizing the way investors access and engage with financial opportunities in India and beyond.

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VerifyVASP Wins Hong Kong’s IFTA Fintech and Innovation Awards 2022/23: Regulatory Technology Award

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VerifyVASP was awarded the Institute of Financial Technologists of Asia (IFTA) Fintech and Innovation Awards 2022/23 for Regulatory Technology. The awards exhibit the extraordinary achievements made by companies and individuals in the finance and technology industries.

The IFTA Awards, themed “Game Changers: The Rise of Next Gen Fintech”, celebrates ground-breaking ideas and technologies that are shaping the future of finance. The distinguished Guest of Honour presenting the IFTA awards was the Under Secretary for Financial Services and the Treasury for Financial Services in the Hong Kong SAR, Mr. Joseph Ho-Lim Chan.

VerifyVASP has established itself as a comprehensive Travel Rule solution provider catering to Virtual Assets Service Providers (VASPs) worldwide. Its commitment to facilitating full compliance with Travel Rule regulations across multiple jurisdictions has earned it this prestigious recognition.

This accolade comes at an opportune time, as VerifyVASP supports the Hong Kong Virtual Asset Trading Platforms (VATPs) in adhering to the regulatory framework set forth by the Hong Kong Securities & Futures Commission, which came into effect on 1 June 2023. VATPs are granted a grace period till 1 January 2024 to ensure compliance with Travel Rule requirements.

The IFTA Fintech and Innovation Award underscores VerifyVASP’s capabilities, including:

  • Facilitation of counterparty due diligence: VerifyVASP assists VASPs in counterparty due diligence before the first transaction, to stringent standards akin to that observed in correspondent banking. This is achieved through VerifyVASP’s own rigorous due diligence process, encompassing over 100 VASPs.
  • Immediate and secure transmission: Leveraging a scalable architecture, VerifyVASP ensures immediate and secure transmission of required information, alongside verification of such information. To date, the platform has processed over 5 million transfers.
  • Adherence to international data protection laws: VerifyVASP complies with international data protection law thanks to its decentralised, end to end encrypted architecture. This dedication to data security and privacy sets it apart in the industry.
  • Asset agnostic: VerifyVASP’s capabilities extend to accommodating any type of virtual asset, having processed over 400 cryptocurrency variants on its platform.
  • Integration of third-party screening solutions: VerifyVASP seamlessly integrates third-party solutions, allowing for efficient screening of originators or beneficiaries before blockchain transactions.

SOURCE VerifyVASP Pte Ltd

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Nagad’s Digital Bank on cards, Sadaf to lead the side

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Nagad, Bangladesh’s leading Mobile Financial Service (MFS) provider, is gearing up to establish the much-anticipated digital bank, as it is going to secure a licence from the Bangladesh Bank within a couple of months.

Sadaf Roksana, a co-founder and executive director of Nagad Ltd., has been entrusted with the responsibility of leading her company’s transformative venture that will bring greater convenience to the lives of millions of Bangladeshis, reducing their reliance on traditional brick-and-mortar banks.

The MFS provider earlier applied to secure a digital bank licence following the central bank’s call for applications through its website. The Bangladesh Bank also formulated necessary guidelines to widen and accelerate financial inclusion, which will also create jobs for young IT workers.

The world’s fastest mobile money carrier is going to venture into the digital banking era at a time when the financial landscape across the globe is fast evolving towards digitalisation, driven by technological advancements and changing consumer preferences.

Taking on the new assignment, Sadaf, a seasoned financial executive with a remarkable track record in the fintech industry, is poised to steer Nagad’s digital bank towards success. Once Nagad gets the digital bank licence, it will provide its consumers with innovative and convenient banking solutions.

“We are very excited that we are going to introduce digital banking services to the people of Bangladesh within a couple of months,” Sadaf said, adding, “This endeavour aligns perfectly with our vision of enhancing financial inclusion and ensuring easy access to all financial services also at affordable prices.”

Nagad is already well-equipped to launch a digital bank. It will start serving customers soon after getting the licence, Sadaf assured.

Under its digital banking platform, Nagad will introduce many new services, such as single-digit and collateral-free loans for small informal businesses and farmers who now are to take loans from moneylenders even at 40% interest rate per day, she pointed out.

“Thus, we will encourage them to come under financial inclusion, thus putting their money into the formal channel,” she expressed her optimism.

To assess one’s creditworthiness, Nagad has created an AI-based credit rating system that will analyse all transactions-related data available on public domains using one’s NID and mobile number, Sadaf Roksana added.

As Nagad goes ahead with its plans, all eyes will be on Sadaf Roksana and her team as they will embark on this exciting journey towards a more digitised and inclusive financial future for the country.

SOURCE Nagad Limited

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