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TransferGo selects Thought Machine to drive global expansion

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TransferGo, one of the world’s fastest growing money transfer companies, today announces a partnership with Thought Machine, the cloud native core banking technology company, to propel its ongoing product innovation and drive global expansion into new markets. By taking advantage of Thought Machine’s next generation cloud native core banking platform Vault, TransferGo will focus on enhancing its customer experience through better, more advanced platform capabilities.

Building on a successful 2020, during which TransferGo defied market expectations to see cross-border payments grow by over 60%, Vault will be a critical component for sustained growth. By hosting payment services that are highly scalable, flexible, secure and fast in the cloud, Vault will empower TransferGo to expand its real-time payments platform, build products rapidly and release future card and account capabilities without delay.

Importantly, Vault contains no legacy technology and so allows TransferGo to build and deliver payment services to its exact requirements. The technology will support TransferGo’s mission to continuously drive improvement to its digital payments service and the customer experience for the migrant worker community, helping them to move their money around the world quickly, safely and as cost efficiently as possible.

“Hot off the heels of a $4m investment from Silicon Valley Bank in November, this partnership demonstrates our momentum in investing, innovating and disrupting the global remittance market,” says Justinas Lasevicius, CFO and Co-Founder of TransferGo. “Our customers are at the heart of every decision we make, and through our work with Thought Machine and their intuitive product Vault, we will introduce more enhanced services and drive impactful experiences for our migrant worker community.”

“We are proud to be supporting TransferGo on their global rollout and product expansion. It is a testament to Vault’s flexibility and future-proof design that fast-growing, innovative institutions like TransferGo select us to architect their future. Vault’s cloud native design provides banks and fintech companies the tools to build their bank of the future,” says Paul Taylor, CEO and Founder of Thought Machine.

“By tapping into the power of the cloud, TransferGo will enjoy a host of benefits, including unparalleled scalability, reliability, security and speed. Coupled with Vault’s unique horizontal architecture – they will be unshackled from the constraints of legacy product building – free to focus on providing an exceptional customer service and a world-class remittance service.”

Today’s announcement reflects the continued investment TransferGo is making in its award-winning remittances platform. With over 2 million users and securing over $14 million in investments last year, it is committed to expanding its global footprint and launching new services on its cross-border payments platform. TransferGo also recently partnered with VISA and Mastercard, and bolstered its senior leadership team through the hires of Edgardo Savoy as Chief Technology Officer and Francesco Fulcoli as Chief Compliance Officer. These new developments will superpower its technology innovation roadmap.

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Announcement of change in the total number of votes in AB SKF

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GOTHENBURG, Sweden, March 28, 2024 /PRNewswire/ — Due to a conversion of shares from Series A to Series B in accordance with AB SKF’s Articles of Association, the Company confirms the following.

As per 28 March 2024, the Company’s share capital amounts to SEK 1,138,377,670 and the total number of shares amounts to 29,286,933 shares of Series A and 426,064,135 shares of Series B. The number of votes in the Company amounts to 71,893,346.5.

AB SKF does not hold any own shares.

Aktiebolaget SKF
      (publ)

Information in this press release contains information that AB SKF is obliged to make public pursuant to the Financial Instruments Trading Act. The information was submitted for publication on 28 March 2024 at 08.00 CET.

CONTACT:

For further information, please contact:
PRESS: Carl Bjernstam, Head of Media Relations
tel: 46 31-337 2517; mobile: 46 722-201 893; e-mail: [email protected] 

INVESTOR RELATIONS: Sophie Arnius, Head of Investor Relations
tel: 46 31-337 8072; mobile: 46 705-908 072; [email protected]  

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/skf/r/announcement-of-change-in-the-total-number-of-votes-in-ab-skf,c3953982

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https://mb.cision.com/Main/637/3953982/2702083.pdf

20240328 Announcement of change in the total number of votes in AB SKF

 

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Tetragon Financial Group Limited February 2024 Monthly Factsheet

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LONDON, March 28, 2024 /PRNewswire/ — Tetragon has released its Monthly Factsheet for February 2024.

–  Net Asset Value: $ 2,801m
–  Fully Diluted NAV Per Share: $30.93
–  Share Price (TFG NA): $9.60
–  Monthly NAV per share total return: 0.7%
–  Monthly Return on Equity: 0.8%
–  Most recent quarterly dividend: $0.11
–  Dividend yield: 4.6%

Please refer to important disclosures on page three of the Monthly Factsheet.

Please click below to access the Monthly Factsheet.

February 2024 Factsheet 

About Tetragon:

Tetragon is a Guernsey closed-ended investment company. Its non-voting shares are listed on Euronext in Amsterdam, a regulated market of Euronext Amsterdam N.V., and also traded on the Specialist Fund Segment of the Main Market of the London Stock Exchange. Our investment manager is Tetragon Financial Management LP. Find out more at www.tetragoninv.com.

Tetragon’s non-voting shares are subject to restrictions on ownership by U.S. persons and are not intended for European retail investors.

Please see: https://www.tetragoninv.com/shareholders/additional-information.

Tetragon Investor Relations:
Yuko Thomas
[email protected]

Press Inquiries:
Prosek Partners
[email protected]
U.K. +44 20 3890 9193
U.S. +1 212 279 3115

This release does not contain or constitute an offer to sell or a solicitation of an offer to purchase securities in the United States or any other jurisdiction. The securities of Tetragon have not been and will not be registered under the U.S. Securities Act of 1933 and may not be offered or sold in the United States or to U.S. persons unless they are registered under applicable law or exempt from registration. Tetragon does not intend to register any portion of its securities in the United States or to conduct a public offer of securities in the United States. In addition, Tetragon has not been and will not be registered under the U.S. Investment Company Act of 1940, and investors will not be entitled to the benefits of such Act. Tetragon is registered in the public register of the Netherlands Authority for the Financial Markets under Section 1:107 of the Financial Markets Supervision Act as a collective investment scheme from a designated country.    

 

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XRP Healthcare move forward as one entity for African M&A venture

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DUBAI, UAE, March 28, 2024 /PRNewswire/ — In a bold move to address the challenges of the highly fragmented African healthcare sector, XRP Healthcare is excited to announce the incorporation of XRP Healthcare Africa, in Uganda. This strategic decision marks a significant step towards consolidating healthcare services and streamlining operations across the continent, fostering a more unified and efficient healthcare landscape.

 

XRP Healthcare recognizing the critical need for an integrated healthcare system, has taken decisive action by establishing XRP Healthcare Africa, in Uganda – a fully autonomous entity with a compliant legal structure to operate on the African continent.

This development is a testament to XRP Healthcare’s commitment to creating a sustainable and independent operational framework in Uganda and Africa.

“Our vision for XRP Healthcare Africa is to create a robust and unified healthcare entity that can efficiently address the needs of the African population,” stated CEO/Founder Kain Roomes at XRP Healthcare. “By consolidating our mergers and acquisitions local operations under XRP Healthcare Africa, we are eliminating dependencies on third-party entities such as The Burnratty Investment Group, which will no longer be part of our plans moving forward, but rather we have opted for a fully owned entity such as XRP Healthcare Africa, ensuring a streamlined and cohesive approach towards achieving our M&A goals here in Uganda.”

The Dubai-incorporated arm of XRP Healthcare, established last year in the UAE, will be pivotal in facilitating the organization’s acquisitions across the continent. Additionally, the recent incorporation of XRP Healthcare Africa in Uganda signifies a strategic move to enhance the company’s ability to manage local transactions and operations efficiently, further solidifying its presence and commitment to improving healthcare in Africa.

“Setting up XRP Healthcare Africa in Uganda is a critical step in our strategy to deepen our engagement with local communities,” explained Laban Roomes, Business Development Officer at XRP Healthcare. “This local incorporation allows us to navigate the unique challenges and opportunities within the African healthcare sector more effectively, ensuring that our efforts are closely aligned with the needs of the communities we serve.”

Over the coming weeks and months, XRP Healthcare is poised to share updates and progress on its journey to consolidate the fragmented healthcare sector in Uganda and beyond. This initiative underscores the organization’s dedication to raising funds independently and leveraging its consolidated structure to drive significant improvements in healthcare access, quality, and efficiency across Africa.

“We are thrilled to be streamlining and developing our local operations, now bolstered by an independent legal framework fully aligned with Uganda’s legal system,” said Chairman Whitney Lynn, who has over 45 years of experience in the M&A sector expressed his enthusiasm for the strategic direction of XRP Healthcare and the incorporation of XRP Healthcare Africa, in Uganda.

“The establishment of a cohesive and autonomous entity in Uganda marks a significant milestone in our journey. I’m incredibly excited about the opportunity to reveal our plans and the progress we anticipate in Uganda. This move not only strengthens our commitment to the region but also sets the stage for a transformative impact on healthcare delivery across Africa.”

 

About XRP Healthcare

XRP Healthcare is the first Pharma and Healthcare platform on the XRP Ledger, enabling fast global payments, improving healthcare access in emerging markets, and creating realworld utility by transforming global healthcare through mergers, acquisitions and blockchain.

 

www.xrphealthcare.com

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XRP Healthcare Logo

 

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