Fintech
Bitbuy Announced as One of Deloitte’s Technology Fast 50(TM) Program Winners for 2022
Toronto, Ontario–(Newsfile Corp. – November 16, 2022) – WonderFi Technologies Inc.’s (TSX: WNDR) (OTCQB: WONDF) (WKN: A3C166) (FTX: WNDR) (the “Company” or “WonderFi”) subsidiary Bitbuy Technologies Inc. (“Bitbuy”) received recognition as part of the 2022 Deloitte Technology Fast 50™ awards program for its rapid revenue growth, entrepreneurial spirit, and bold innovation. Celebrating its 25th anniversary, the program recognizes Canada’s 50 fastest-growing technology companies based on the highest revenue-growth percentage over the past four years. Bitbuy ranks 6th with a 4,581% percent in revenue growth from 2018 to 2021.
Deloitte’s Technology Fast 50 program winners consist of public and private companies in the technology sector that are transforming the industry. The program runs alongside the broader Deloitte North American Technology Fast 500™, with winners automatically eligible for this elite ranking.
WonderFi’s President and Interim CEO Dean Skurka credits continued growth and interest within the digital asset industry for Bitbuy’s 4,581% percent revenue growth. The Bank of Canada recently published a report stating 13% of Canadians owned Bitcoin in 2021 versus only 5% in 2020. Skurka explains, “Bitbuy remains committed to being the go-to destination for digital asset investors in Canada and with the addition of new wealth generating products like staking, we remain well positioned to capture new investors interested in our sector.”
“It’s inspiring how this year’s exceptional cohort of Technology Fast 50 winners have delivered outstanding revenue growth even in the face of prevailing uncertainties in the economy and marketplace,” commented Anders McKenzie, partner and national leader for the Technology Fast 50 program at Deloitte Canada.
“Fueled by exemplary innovation, creativity, resilience, adaptability, along with superior business leadership, these companies are paving the way as catalysts in their respective sectors and delivering growth and value to the Canadian economy both at home and beyond.”
To qualify for the Deloitte Technology Fast 50 ranking, companies must have been in business for at least four years, have revenues of at least $5 million, be headquartered in Canada, own proprietary technology, conduct research, and development activities in Canada and invest a minimum of five percent of gross revenues in R&D.
Additional Information
General Counsel and Chief Legal Officer:
Adam Garetson
[email protected]
Media Contact:
Binu Koshy, Communications Director
[email protected]
Investor Relations Contact:
[email protected]
About the Deloitte Technology Fast 50™ program
The Deloitte Technology Fast 50 program is Canada’s pre-eminent technology awards program.
Celebrating its 25th anniversary, the program recognizes business growth, innovation, and entrepreneurship in four distinct categories: Technology Fast 50 ranking, Enterprise Fast 15, Clean Technology, and Companies-to-Watch. The program also recognizes companies within the North American Technology Fast 500 ranking, identifying thriving technology companies in the United States and Canada. The 2022 program sponsors include Deloitte, RBCx, Osler, EDC, CBRE, Vector Institute, Council of Canadian Innovators (CCI), Clarity Recruitment, Lafond, and TMX. For further information, visit www.fast50.ca.
About WonderFi
WonderFi is a leading technology company with the mission of creating better, unified access to digital assets through centralized and decentralized platforms. WonderFi’s executive team and Board of Directors have an established track record in finance and crypto. WonderFi’s core team of engineers and technologists believe that everyone should have equal access to finance, and are aligned in the mission to empower people around the world to access finance in a simple, smart and secure way. For more information, visit www.wonder.fi.
Forward-Looking Information and Statements
This press release contains certain “forward-looking information” within the meaning of applicable Canadian securities legislation and may also contain statements that may constitute “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Such forward-looking information and forward-looking statements are not representative of historical facts or information or current condition, but instead represent only the Company’s beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of the Company’s control. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated”, or variations of such words.
By identifying such information and statements in this manner, the Company is alerting the reader that such information and statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such information and statements. In addition, in connection with the forward-looking information and forward-looking statements contained in this press release, the Company has made certain assumptions. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking information and statements are the following: the ability of the Company to successfully launch its staking product on intended timelines, the ability of the Company to work effectively with its partners and changes in general economic, business and political conditions. Should one or more of these risks, uncertainties or other factors materialize, or should assumptions underlying the forward-looking information or statements prove incorrect, actual results may vary materially from those described herein. A more fulsome description of risk factors that may impact our business, financial condition and results of operation is set out in our management’s discussion and analysis and financial statements for the for the period ended June 30, 2022, as well as our annual information form, available on SEDAR.
Although the Company believes that the assumptions and factors used in preparing, and the expectations contained in, the forward-looking information and statements are reasonable, undue reliance should not be placed on such information and statements, and no assurance or guarantee can be given that such forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information and statements. The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake to update any forward-looking information and/or forward-looking statements that are contained or referenced herein, except in accordance with applicable securities laws. All subsequent written and oral forward- looking information and statements attributable to the Company or persons acting on its behalf is expressly qualified in its entirety by this notice.
The Toronto Stock Exchange has not approved or disapproved of the information contained in this release.
Perigon Wealth Management, LLC (“Perigon”), a rapidly growing independent wealth management firm with offices across the country and approximately $8.2 billion in client assets as of June 30, 20241, welcomed three key hires to support the firm’s continued expansion through organic growth and acquisitions.
“A decade ago, Perigon had two locations and less than $150 million in assets under management,” said CEO Arthur Ambarik. “We’re now at nearly 20 locations and approximately $8.2 billion. This kind of growth needs additional executive and operational expertise to capitalize on new opportunities, and we’re thrilled to have attracted such incredible talent to our team.”
David Scarpello, Chief Financial Officer
David Scarpello joins as Chief Financial Officer, replacing Chuck Pinson-Rose, who will continue to support the firm on special projects as the Managing Director, Finance and Investment, help ensure a smooth executive transition and dedicate more time to his role as an investment advisor.
“David has more than 30 years of experience supporting a range of forward-looking financial services institutions and wealth management firms, and I look forward to working closely with him as we execute the next phase of our growth strategy,” said Ambarik.
Most recently, Scarpello served as the CFO of Pathstone, a private equity-backed family office and advisory firm for ultra-high-net-worth clients, where he led end-to-end M&A support, financial and accounting practices and strategic financial planning efforts. He has held CFO roles at several financial services and fintech providers, as well as other executive roles.
Scarpello said, “I’ve watched Perigon’s rise from afar and have been incredibly impressed with Art, Chuck and the entire executive team’s approach to the market. I look forward to working to build upon the incredible foundation as we continue to execute into the future.”
Chuck Pinson-Rose, CFA®, has been with Perigon since 2015 and served as its CFO during its rapid expansion. He has been pivotal in developing a dynamic and scalable financial infrastructure for the firm and will continue to lend his expertise to move the firm forward.
The firm also announced it has added two new positions to support the continued strategic expansion of services and M&A activity.
Brian McGunnigle, Director of Operations
McGunnigle joins Perigon from the Mather Group and brings 25 years of industry experience, having spent the prior 16 years leading operations teams, technology evaluations and implementations, and M&A integrations. McGunnigle will report to Chief Investment Officer Rafia Hasan.
Debra Dunham, Director of Transitions and Integrations
Dunham most recently led and managed integrations for The Colony Group, a wealth management firm based in Boston. She has held several management roles in financial services firms and is active in her local community. She will report to the Head of Advisor Success and Integration Maria Daley.
Perigon is an advisor-led firm that has added teams and offices across six major markets since December 2021. In January, the firm welcomed Constellation Wealth Capital as a strategic investor. Perigon was named one of RIA Channel’s 2022 Top 50 Wealth Managers by Growth in Assets and included on the 2022 Forbes Top RIA list.2 In September 2022, the firm announced a merger with PM Wealth Management LLC, and formed a strategic alliance with Prager Metis CPAs LLC, a tax advisory firm. In November 2022, Perigon announced it acquired Nauset Wealth Management LLC, and expanded its Atlanta office.
The post Perigon Wealth Management Enhances Leadership Team to Support Continued Growth appeared first on HIPTHER Alerts.
Thunes, the Smart Superhighway to move money around the world, is thrilled to announce an extraordinary triple win at the 2024 Pay360 Awards in London. These highly respected accolades recognize outstanding contributions to the payments industry, and Thunes is proud to be recognized across three major categories:
- Best B2B Payments Programme
- Leading Financial Services or Payments Organisation
- Best International Payments, Remittance or Use of FX
This achievement highlights Thunes’ unwavering commitment to innovation and excellence in financial services, solidifying our role as a key player in reshaping global payments. The recognition is a testament to the hard work and dedication of our talented team and all Members of Thunes’ Direct Global Network that enable us to move money around the world, with unrivaled speed, control, visibility, protection, and cost efficiencies.
Mathieu Limousi, Chief Marketing Officer at Thunes, commented: “We are incredibly honored to receive these awards, which acknowledge our efforts to continuously expand and deepen our proprietary Direct Global Network, which serves Financial Institutions, Super Apps, Fintech Innovators, Gig Economy Giants and Money Transmitters worldwide. This win reaffirms our belief that the future of payments lies in breaking the barriers of payment interoperability, and we remain committed to driving the industry forward.”
The Pay360 Awards, organized by The Payments Association, is one of the industry’s most anticipated events, celebrating innovation and success within the payments sector. Thunes’ victories across multiple categories highlight its leadership and impact in driving forward-thinking solutions for global payments.
Chloé Mayenobe, President and COO at Thunes, added: “As we celebrate this exciting milestone, we extend our heartfelt thanks to our exceptional team of Thunesters and all Members of Thunes’ Direct Global Network whose passion and collaboration made this achievement possible. Together, we are building the Smart Superhighway to move money around the world.”
The post Thunes Wins Big at Pay360 Awards 2024 – Taking Home Three Prestigious Titles appeared first on HIPTHER Alerts.
A groundbreaking initiative set to transform crypto education in the UK is to set off. Drofa Comms, a leading PR firm specialising in finance and fintech, in collaboration with CryptoUK, a self-regulatory trade association for the UK cryptoasset industry, is proud to launch an educational initiative, CryptoEdu, aimed at enhancing cryptocurrency awareness in the UK. This initiative represents a crucial step in addressing the need for accessible and comprehensive crypto knowledge for economic development.
The first phase of the project aims to inform the professional community about new trends, rules, regulations, and challenges of the crypto industry. Participants from Zumo, The Crypto Collective, Orbital, Cointelegraph, Coindesk, and Crystal Intelligence were invited to take part in these industry dialogues. These interviews reveal several key insights, such as the complexities of crypto concepts, an urgent need to shift the focus of crypto education from technical details to real-world benefits, and the importance of incorporating formal educational programs and hands-on learning.
Valentina Drofa, co-founder and CEO of Drofa Comms, emphasised the importance of this initiative, saying: “Even though the industry has already made progress in crypto education, it is clear that we now need to significantly boost these efforts. Without proper education of both key stakeholders and the population, the sector will not have a future. Someone has to take the lead in the systematic promotion of education at all levels. My expertise in PR and educational products led Drofa Comms to form CryptoEdu as a joint effort with CryptoUK. We now offer organisations perspectives for crypto education, contributing to both the industry’s maturing and crypto players’ development.”
And the launch of the magazine is just the beginning, the project is set to evolve. Webinars and workshops that will serve as platforms for companies to engage in discussions are soon to be introduced. Thought leaders, trade associations, and market players will be further brought to explore the current state of crypto education, address pain points, share personal experiences and advice, and develop improvement strategies.
Drofa Comms aims to provide the industry with a boost in innovation and knowledge, recognising that education should not be a marketing tool but contribute to the growth of the industry.
SOURCE Drofa Comms
The post Drofa Comms and CryptoUK Boosting Crypto Education in the UK with New Initiative appeared first on HIPTHER Alerts.
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