Volt

UK-founded Fintech Volt Raises $60m Series B Round Led By Silicon Valley investor IVP

Retrieved on: 
Wednesday, June 21, 2023

Following London Tech Week, this investment from IVP, one of Silicon Valley’s leading investors, signals a vote of confidence in the UK’s fintech sector.

Key Points: 
  • Following London Tech Week, this investment from IVP, one of Silicon Valley’s leading investors, signals a vote of confidence in the UK’s fintech sector.
  • View the full release here: https://www.businesswire.com/news/home/20230621292901/en/
    The investment round was led by IVP , a Silicon Valley based firm that has a 40+ year track record backing companies like Coinbase, Slack and Supercell.
  • New investor, CommerzVentures, is also participating in this Series B round along with existing funds, including EQT Ventures, Augmentum Fintech PLC and Fuel Ventures.
  • “True to its name, Volt is creating an electrifying global network for instantaneous, secure and cost-effective A2A payments.

Emerging Markets Report: The Revolutionary Impact of Direct Lithium Extraction on the Burgeoning EV Market

Retrieved on: 
Wednesday, June 21, 2023

ORLANDO, Fla., June 21, 2023 (GLOBE NEWSWIRE) -- With an escalating surge in demand for electric vehicles, 2022 witnessed record-breaking sales, a trend projected to persist and even intensify this year. The implications for associated industries are immense. One pivotal aspect which remains relatively obscured to the broader public, however, is the essential role of lithium extraction technology in meeting electric vehicle manufacturing targets.

Key Points: 
  • Hence, the burgeoning production of electric vehicles directly translates into a heightened requirement for efficient lithium extraction.
  • Leading the charge in this sphere is Volt Lithium Corp.
    Volt Lithium Corp. (TSX-V: VLT, OTCQB: VLTLF, FSE:I2D) (“Volt” or the “Company”) is revolutionizing the lithium extraction industry.
  • The company employs Direct Lithium Extraction (DLE) technology, a two-step extraction process that ensures high yields at reduced costs.
  • First, it treats oilfield brine to eliminate contaminants, followed by the extraction of lithium using the Company’s proprietary IES-300 technology.

Real-time payments gateway Volt becomes an approved Shopify open banking partner

Retrieved on: 
Wednesday, June 14, 2023

LONDON, June 14, 2023 /PRNewswire/ -- Shopify , the leading global commerce company, has approved real-time payments gateway Volt as a global open banking partner.

Key Points: 
  • LONDON, June 14, 2023 /PRNewswire/ -- Shopify , the leading global commerce company, has approved real-time payments gateway Volt as a global open banking partner.
  • The solution will be made available to Shopify merchants in additional countries over the coming months, starting with Australia in Q4 2023.
  • Data from Juniper Research underlines the importance of selecting the right partner, with it predicting the value of global open banking payments to increase from $57bn in 2023 to $330bn in 2027.
  • Open banking is experiencing hockey-stick growth around the world because it's faster, easier and more secure compared to incumbent payment methods.

Real-time payments gateway Volt becomes an approved Shopify open banking partner

Retrieved on: 
Wednesday, June 14, 2023

LONDON, June 14, 2023 /PRNewswire/ -- Shopify , the leading global commerce company, has approved real-time payments gateway Volt as a global open banking partner.

Key Points: 
  • LONDON, June 14, 2023 /PRNewswire/ -- Shopify , the leading global commerce company, has approved real-time payments gateway Volt as a global open banking partner.
  • The solution will be made available to Shopify merchants in additional countries over the coming months, starting with Australia in Q4 2023.
  • Data from Juniper Research underlines the importance of selecting the right partner, with it predicting the value of global open banking payments to increase from $57bn in 2023 to $330bn in 2027.
  • Open banking is experiencing hockey-stick growth around the world because it's faster, easier and more secure compared to incumbent payment methods.

Emerging Markets Report: A Revolution Inside a Revolution

Retrieved on: 
Tuesday, June 6, 2023

ORLANDO, Fla., June 06, 2023 (GLOBE NEWSWIRE) -- It is not hyperbole to suggest that most active (see awake) investors have encountered a discussion about the future of lithium and lithium based stocks. Each day more Electric Vehicle’s replace the fossil fuel combustion engines that will soon find their place behind horse-drawn carriage in the annals of time and the evolution of man, at least from a transportation perspective.

Key Points: 
  • In our experience at the Emerging Markets Report, two things happen when a rush of interest occurs.
  • Companies rush into the sector with new corporate names with “Lithium” in the title and some striking headlines that are in many instances, hopeful at best.
  • But for many a retail investor, new to lithium/mining… the headline might be enough.
  • What we’ll describe herein could well be a revolution within the lithium revolution, a better way to produce the metal that defies previously established best practices and opens a broad door to large scale extraction.

Worldpay from FIS teams up with Volt to Bring Power of Open Banking to Merchants

Retrieved on: 
Tuesday, June 6, 2023

Global financial technology leader FIS ® (NYSE: FIS) has today announced a new collaboration between its merchant solutions business, Worldpay from FIS , and Volt, an open payments gateway.

Key Points: 
  • Global financial technology leader FIS ® (NYSE: FIS) has today announced a new collaboration between its merchant solutions business, Worldpay from FIS , and Volt, an open payments gateway.
  • The collaboration, announced at Money 20/20 Europe, will bring the power of open banking to merchants and give them the ability to take payment through open banking from consumers.
  • Adoption of open banking technology is continuing to grow worldwide, driving account-to-account (A2A) payments use among consumers.
  • “We’re delighted to be working with Worldpay to give merchants access to our open banking payments infrastructure,” said Volt Founder and CEO Tom Greenwood.

Andorix Deploys HFR Networks' Time Sensitive Networking Switch to Deliver Converged In-Building Services

Retrieved on: 
Thursday, June 8, 2023

RICHARDSON, Texas and TORONTO, June 8, 2023 /PRNewswire/ -- HFR Networks, leading the industry with intelligent xHaul RAN Transport and Edge Access solutions, and Andorix, a smart building enabler and system integrator, today announced Andorix has deployed HFR Networks' flexiHaul M6424 time sensitive networking (TSN) platform. This converged platform is being used to deliver wholesale in-building managed services including; consumer broadband, enterprise services, and RAN transport for MNOs and private wireless network services.

Key Points: 
  • This converged platform is being used to deliver wholesale in-building managed services including; consumer broadband, enterprise services, and RAN transport for MNOs and private wireless network services.
  • The flexiHaul M6424 Packet TSN Switch with embedded vOLT pluggable modules supports the blending of time sensitive mobile traffic alongside Ethernet services while delivering high network performance with ultra-low latency.
  • By utilizing HFR Networks' solutions to operate a converged in-building network, Andorix is able to quickly scale multiple cloud-based smart building services to various customer markets on a single platform.
  • "Our solutions are uniquely designed to deliver converged services with unsurpassed flexibility and attractive economics enabling Andorix as they lead a large number of innovative smart building projects."

GREEN BATTERY MINERALS AND VOLT CARBON TECHNOLOGIES ENTER INTO PRELIMINARY MINERAL PROCESSING AGREEMENT

Retrieved on: 
Monday, June 5, 2023

VANCOUVER, BRITISH COLUMBIA, June 05, 2023 (GLOBE NEWSWIRE) -- Green Battery Minerals Inc. ("GEM") (TSX-V: GEM, FSE: BK2P, WKN: A2QENP OTC: GBMIF) in conjunction with Volt Carbon Technologies Inc. (“VCT” or “Volt Carbon”) (TSX-V: VCT, OTCQB: TORVF, BERLIN: WNF) is pleased to announce the signing of a preliminary mineral processing agreement dated as of June 1, 2023 (the “Preliminary Mineral Processing Agreement”).

Key Points: 
  • VANCOUVER, BRITISH COLUMBIA, June 05, 2023 (GLOBE NEWSWIRE) -- Green Battery Minerals Inc. ("GEM") (TSX-V: GEM, FSE: BK2P, WKN: A2QENP OTC: GBMIF) in conjunction with Volt Carbon Technologies Inc. (“VCT” or “Volt Carbon”) (TSX-V: VCT, OTCQB: TORVF, BERLIN: WNF) is pleased to announce the signing of a preliminary mineral processing agreement dated as of June 1, 2023 (the “Preliminary Mineral Processing Agreement”).
  • Thomas Yingling, CEO of Green Battery Minerals, commented “We are excited to team up with V-Bond Lee, President of Volt Carbon.
  • We look forward to working with Mr. Lee.”
    Based on the results from the Sample test, GEM and Volt Carbon negotiated and signed the Preliminary Mineral Processing Agreement.
  • I’m looking forward to seeing the scale up of the dry separation process with GEM.” – V-Bond Lee, CEO of Volt Carbon Technologies.

Emerging Markets Report: Hard Work Pays Off

Retrieved on: 
Thursday, May 25, 2023

ORLANDO, Fla., May 25, 2023 (GLOBE NEWSWIRE) -- We turn our spotlight to Volt Lithium Corp. (TSX-V: VLT, OTCQB: VLTLF, FSE:I2D) ("Volt" or the "Company"), which has recently showcased a groundbreaking achievement in the lithium production industry. This week, Volt unveiled the impressive results of its pilot project, a first-of-its-kind accomplishment among lithium producers.

Key Points: 
  • This week, Volt unveiled the impressive results of its pilot project, a first-of-its-kind accomplishment among lithium producers.
  • Volt's pilot project tested its proprietary Direct Lithium Extraction (DLE) technology in a simulated commercial environment.
  • The Company successfully achieved lithium recoveries of 90% at concentrations as low as 34 mg/L.
  • These results pave the way for commercial lithium extraction from multiple oilfield reservoirs across North America using Volt's proprietary DLE process.

VOLT LITHIUM CORP. ANNOUNCES SUCCESSFUL PILOT PROJECT, CONFIRMING 90% LITHIUM RECOVERY, COMMERCIAL ECONOMICS AND UNPRECEDENTED BREAKTHROUGH

Retrieved on: 
Wednesday, May 24, 2023

The Pilot Project proved the Company’s ability to achieve lithium recoveries of 90% based on concentrations of only 34 mg/L.

Key Points: 
  • The Pilot Project proved the Company’s ability to achieve lithium recoveries of 90% based on concentrations of only 34 mg/L.
  • Further, in an unprecedented result, the Pilot Project proved Volt’s DLE technology can maintain 90% lithium recoveries in concentrations as low as 34 mg/L, and still maintain commercial economics, an achievement that has yet to be reported by other lithium producers.
  • “Volt has achieved remarkable and ground-breaking results through the Pilot Project, and achieved an impressive 97% recovery rate with 120 mg/L concentrations under simulated operating conditions.
  • This technological discovery effectively opens up multiple oilfield reservoirs across North America that can now offer commercial lithium extraction using Volt’s proprietary DLE process.