Fintech
Spooz Enters Strategic Relationship with Crawford Ventures
Clearwater, Florida–(Newsfile Corp. – November 16, 2021) – SPOOZ, Inc (OTC Pink: SPZI) (“Spooz”) is pleased to announce the formation of a key strategic relationship with Crawford Ventures, Inc. (NY) (CrawfordVentures.com) (“Crawford”) and its founder Evan Katz, to help design, structure, build, grow and market investment interests in the newly formed Spooz Commodity Assets Pool LLC (the “Pool”). Spooz’s wholly owned subsidiary, Spooz Asset Management LLC (“SAM”), is the investment manager of the Pool, is seeking to raise up to or more than $500 million to $2 billion for the Pool, and has retained Mr. Katz to solicit such investments from the many large and other institutional and family office investors with which he has longstanding relationships. Mr. Katz will participate in the revenues of the Pool, and this key relationship will, in no way, dilute the Spooz common stock.
Paul Strickland, Spooz’s CEO, stated that “We are honored and privileged to be represented and working with the very prestigious Evan Katz and Crawford Ventures in this compelling endeavor.” Mr. Strickland added, “Crawford is an industry leading and globally renowned consultant to the alternative asset investment industry, including to hedge funds, private equity funds and other alternative investments, including commodity pools. And Crawford’s founder, Evan Katz, likewise is very well-known and highly respected around the world, and recently was nominated by his industry peers as one of the top fundraisers for hedge funds, in the annual Hedgeweek (Hedgeweek.com) Awards 2021.”
Addressing the parties’ strategic relationship, Mr. Katz remarked, “I am very excited by Spooz’s business plans, and the opportunity to work with Spooz to help build the Pool. I believe that Spooz’s plans are very original and highly unique, and I look forward to working with Spooz, Paul and their team, and to introducing them and the Pool to large and other institutional investors and family offices that I have known for many years, and that collectively have several trillion dollars of investment capital.”
Mr. Katz will solicit Pool investment funds in order to facilitate the Spooz initiative to acquire significant interests in commodity assets. Spooz CEO, Paul Strickland, stated, “This is perhaps the most important strategic relationship that we have formed to date, and represents the successful culmination of months of work. We are greatly honored that Evan Katz and Crawford are working with us. We will provide more information in the very near future on the particular focus of this endeavor, including specific information concerning the carbon offset and tax credits that will be offered to investors.”
About Spooz, Inc., and Spooz Asset Management LLC
Spooz’s mission is to employ its developing technologies to enhance the acquisition of significant commodity assets, entities that produce commodities, and vertical service providers that support producers. Spooz technologies manage access to electronically, exchange traded assets that can be combined with cash commodity business to algorithmically streamline and hedge diverse sources of revenue.
About Crawford Ventures LLC and Evan H. Katz
Established in 2003, Crawford Ventures, Inc. (“Crawford”) is a New York City based and globally renowned specialty firm in the alternative investment industry. Crawford’s expertise and global prominence principally focus on consulting to hedge, private equity, venture and other alternative investment funds, and providing them with expert advice regarding best practices for their creation, structuring, development, growth and long-term success. Crawford’s founder and CEO, Evan H. Katz, is an award-winning and globally renowned expert regarding alternative investments, institutional investors, family offices, and how best to do successful largescale fundraising. He has longstanding relationships with hundreds of very large and other investors, whose typical allocations are up to or more than $10-$250+ million per investor per fund. Mr. Katz is a twice-elected Director on the Hedge Fund Association (“HFA”) Board of Directors, on which he served from 2014-2019, and is a longtime member of the Hedge Funds Care (a/k/a Help For Children or “HFC”) Committee of Hearts (2016-present). He also received the “Young Leadership Award” at the 2011 Hedge Fund Summit, and in 2021 was nominated by his hedge fund peers as the industry’s best fundraiser, in the annual Hedgeweek Awards (2021).
Contact Information
Contact: Paul Strickland
Telephone: (312) 402-7737
Website: http://www.Spooz.com (under construction)
Twitter: http://www.Twitter.com/SpoozInc
Facebook: http://www.Facebook.com/SpoozInc (new)
Email: [email protected]
Contact: Evan H. Katz
Telephone: (212) 904-0909
Website: http://www.CrawfordVentures.com
LinkedIn: https://www.Linkedin.com/in/EvanHKatz
https://www.LinkedIn.com/company/Crawford-Ventures-Inc.
Twitter: http://Twitter.com/EvanHKatz
http://Twitter.com/CrawfordVenture
Facebook: http://www.Facebook.com/CrawfordVentures
Email: [email protected]
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, which are subject to a number of risks and uncertainties, many of which are outside of Spooz’s, SAM’s and/or Crawford’s control. These include, but are not limited to: the impact of competitors’ products, services and pricing; product demand; market acceptance; new product development; reliance on key strategic alliances; the regulatory environment; fluctuations in operating results; the ability or inability to raise investments for the Pool; and other risks that are detailed from time to time in Spooz’s filings with the Securities and Exchange Commission and/or OTC Markets. Spooz, Crawford and their respective officers, directors and other agents disclaim any obligation to update or alter any of its or their forward-looking statements, whether as a result of new information, subsequent events or otherwise.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/103790
As we close out 2024, the fintech industry continues to deliver headlines that underscore its dynamism and innovation. From IPO aspirations to groundbreaking regulatory milestones, today’s updates highlight the transformative power of fintech partnerships, regulatory evolution, and disruptive technologies. Here’s what you need to know.
Chime’s Quiet Step Toward Public Markets
Chime, the U.S.-based financial technology startup best known for its digital banking services, has taken a significant step by filing confidential paperwork for an initial public offering (IPO). As one of the most valuable private fintechs in the U.S., Chime’s move could potentially signal a renewed appetite for fintech IPOs in a market that has been cautious following fluctuating valuations across the tech sector.
With a valuation that reportedly exceeded $25 billion in its last funding round, Chime’s IPO could set a new benchmark for the industry. Observers note that its strong customer base and revenue growth may make it an appealing choice for investors seeking to capitalize on the digital banking boom. However, the timing and success of the IPO will depend on broader market conditions and the regulatory landscape.
Source: Bloomberg
ZBD’s Pioneering Achievement: EU MiCA License Approval
ZBD, a fintech company specializing in Bitcoin Lightning network solutions, has made history by becoming the first to secure an EU MiCA (Markets in Crypto-Assets Regulation) license. This landmark approval by the Dutch regulator positions ZBD at the forefront of compliant crypto-fintech operations in Europe.
MiCA, which aims to harmonize the regulatory framework for crypto-assets across the EU, has been a focal point for industry players aiming to establish legitimacy and expand their offerings. ZBD’s achievement not only validates its operational rigor but also sets a precedent for other fintech firms navigating the evolving regulatory landscape.
Industry insiders view this as a strategic advantage for ZBD as it broadens its footprint in Europe. By leveraging its regulatory approval, the company can accelerate its product deployment and establish trust with institutional and retail users alike.
Source: Coindesk, PR Newswire
The Fintech-Credit Union Synergy: A Blueprint for Innovation
The convergence of fintechs and credit unions continues to reshape the financial services ecosystem. Collaborative initiatives, such as the one highlighted in the recent partnership between fintech innovators and credit unions, are proving to be a potent force in delivering tailored financial solutions.
This “dream team” approach allows credit unions to leverage fintech’s technological expertise while maintaining their community-focused ethos. Key areas of collaboration include digital payments, personalized financial management tools, and enhanced loan processing capabilities. These partnerships not only enhance member engagement but also enable credit unions to remain competitive in an increasingly digital-first financial environment.
Industry analysts emphasize that such collaborations underscore a broader trend of traditional financial institutions embracing fintech-driven solutions to bridge service gaps and foster innovation.
Source: PYMNTS
Tackling Student Loan Debt: A Fintech’s Mission
Student loan debt remains a pressing issue for millions of Americans, and a Rochester-based fintech aims to offer relief through its cloud-based platform. This innovative solution is designed to simplify loan management and provide borrowers with actionable insights to reduce their debt burden.
The platform’s features include repayment optimization tools, personalized financial education, and seamless integration with loan servicers. By addressing the complexities of student loan management, this fintech is empowering borrowers to make informed decisions and achieve financial stability.
As the student loan crisis continues to evolve, solutions like this highlight the critical role fintech can play in addressing systemic financial challenges while fostering financial literacy and inclusion.
Source: RBJ
Industry Implications and Takeaways
Today’s updates underscore several key themes shaping the fintech landscape:
- Regulatory Milestones: ZBD’s MiCA license approval exemplifies the importance of regulatory compliance in unlocking growth opportunities.
- Strategic Partnerships: The collaboration between fintechs and credit unions demonstrates the value of combining technological innovation with traditional financial models to drive customer-centric solutions.
- Market Opportunities: Chime’s IPO move reflects a potential revival in fintech public offerings, signaling confidence in the sector’s long-term prospects.
- Social Impact: Fintech’s ability to tackle systemic issues, such as student loan debt, showcases its role as a force for positive change.
The post Fintech Pulse: Your Daily Industry Brief (Chime, ZBD, MiCA) appeared first on News, Events, Advertising Options.
Leading global payments platform SPAYZ.io has confirmed it will be attending iFX EXPO Dubai 2025 on 14 to 16 January. Exhibiting at Stand 64 at Trade Centre Dubai, SPAYZ.io’s team of professionals will be on hand providing live demonstrations of its renowned payment services for payment providers. Attendees will also receive exclusive insight into SPAYZ.io’s plans for 2025 alongside early early access to its upcoming plans for the new year.
SPAYZ.io delivers a host of payment solutions that leverage the latest technological innovations and open access to the fastest growing emerging markets across Africa, Europe and Asia. Over the past year, there has been huge demand for its Open Banking and local payment method services, alongside bank transfers, mass payouts, online banking and e-wallets.
Yana Thakurta, Head of Business Development at SPAYZ.io commented: “We look forward to once again participating at iFX Dubai to expand our network of partners and clients. It’s a fantastic way to kick off the year, connecting with thousands of industry leaders from FOREX platforms to trading companies, and everything in between.
“Our key goal for iFX Dubai EXPO 2025 is to expand our portfolio of solutions and geographies. We’re using this as an opportunity to partner with like-minded entities who share our ambition to provide payment solutions that are truly global.”
Come meet SPAYZ.io’s team at the Trade Centre Dubai at Stand 64. You can also book a meeting slot with a member of a team.
The post SPAYZ.io prepares for iFX EXPO Dubai 2025 appeared first on News, Events, Advertising Options.
Airtm, the most connected digital dollar account in the world, is proud to announce the addition of two distinguished industry leaders to its Board of Directors: Rafael de la Vega, Global SVP of Partnerships at Auctane, and Shivani Siroya, CEO & Founder of Tala. These appointments reflect Airtm’s commitment to innovation and financial inclusion as the company enters its next phase of growth.
“We are thrilled to welcome Rafael and Shivani to Airtm’s Board of Directors,” said Ruben Galindo Steckel, Co-founder and CEO of Airtm. “Their unique perspectives and proven track records will be invaluable as we continue scaling our platform to empower individuals and businesses in emerging markets. Together, we’ll push the boundaries of financial inclusion and innovation to create a more connected and equitable global economy. Rafael and Shivani bring a wealth of experience and strategic insight that will strengthen Airtm’s mission to connect emerging economies with the global market.”
Rafael de la Vega, a seasoned leader in fintech global partnerships and technology innovation, is currently the Global SVP of Partnerships at Auctane. With a proven track record of delivering scalable, impactful solutions at the intersection of fintech, innovation, and commerce, Rafael’s expertise will be pivotal as Airtm continues to grow. “Airtm has built a platform that breaks down barriers and opens up opportunities for people in emerging economies to connect to global markets. I am excited to contribute to its growth and help further its mission of fostering financial inclusion on a global scale,” said Rafael.
Shivani Siroya, CEO and Founder of Tala, is a pioneer in financial technology, renowned for empowering underserved communities through access to credit and essential financial tools. Her leadership in leveraging data-driven innovation aligns seamlessly with Airtm’s vision of creating more equitable financial opportunities. “Empowering underserved communities has always been at the core of my work, and Airtm’s mission resonates deeply with me. I’m thrilled to join the Board and work alongside such a dynamic team to expand access to financial tools that truly make a difference in people’s lives,” said Shivani.
The post Airtm Enhances Its Board of Directors with Two Strategic Appointments appeared first on News, Events, Advertising Options.
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