OFX

EQS-News: ADM Energy PLC: Half-yearly Results

Retrieved on: 
Thursday, September 28, 2023

In May 2023, ADM acquired Blade V from OFX Holdings LLC (Formerly TN Black Gold, LLC ("OFX") for a total maximum consideration of US$1,614,000.

Key Points: 
  • In May 2023, ADM acquired Blade V from OFX Holdings LLC (Formerly TN Black Gold, LLC ("OFX") for a total maximum consideration of US$1,614,000.
  • The Altoona Lease is a unique opportunity for ADM to benefit from substantial investment and de-risking of the target opportunities by a major company.
  • Stefan has extensive experience in the oil and gas sector, including as the co-founder of MX Oil plc, now ADM Energy.
  • These assets offer an exciting opportunity to add value, as well as diversifying the ADM portfolio.

EQS-News: ADM Energy PLC: Final Results, Annual Report and Notice of AGM

Retrieved on: 
Tuesday, June 27, 2023

UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

Key Points: 
  • UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.
  • ADM Energy PLC (AIM: ADME; BER and FSE: P4JC), a natural resources investing company, announces its audited full year results for the 12 months ended 31 December 2022.
  • The Company will shortly be publishing its Annual Report and Accounts including a Notice of AGM.
  • The AGM is to be held at the offices of Shakespeare Martineau, 60 Gracechurch St, London EC3V 0HR at 10.00 a.m. on 25 July 2023.

Tipalti Secures $150 Million in Growth Financing from JPMorgan Chase Bank and Hercules Capital

Retrieved on: 
Monday, May 15, 2023

FOSTER CITY, Calif., May 15, 2023 /PRNewswire/ -- Tipalti, the leading global payables automation platform, announced today it has raised $150 million in incremental growth financing from JPMorgan Chase Bank and Hercules Capital, Inc. (NYSE: HTGC). Coming on the heels of a $270 million Series F in 2021 that brought the company's total funding to over $550 million, this latest raise will enable Tipalti to further invest in product innovation and supporting its customers.

Key Points: 
  • "Hercules Capital prides itself on being the partner of choice for innovative entrepreneurs and companies and Tipalti not only fits this mold, it breaks it," said Catherine Jhung, Senior Managing Director at Hercules Capital.
  • "Tipalti is seeing tremendous growth as more and more companies adopt our platform to automate their finance operations," said Sarah Spoja, CFO of Tipalti.
  • This transaction also extends the relationship between JPMorgan Chase Bank and Tipalti.
  • Since 2016, JPMorgan Chase Bank has served as one of the three major global banks Tipalti uses to route billions of dollars worth of supplier payments each month on behalf of its customers.

EQS-News: ADM Energy PLC: Directorate Changes

Retrieved on: 
Tuesday, April 25, 2023

UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

Key Points: 
  • UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.
  • ADM Energy plc (AIM: ADME; BER and FSE: P4JC), a natural resources investing company, is pleased to announce that Stefan Olivier and Claudio Coltellini have been appointed to the Board of Directors with Stefan Olivier joining as Chief Executive Officer and Claudio Coltellini as Non-executive Director.
  • Manuel Lamboley, Non-executive Director, has resigned from the Board with immediate effect to pursue other opportunities.
  • The following information is disclosed in respect of Mr Claudio Coltellini (age 51) pursuant to Schedule Two, paragraph (g) of the AIM Rules for Companies.

Octaviant Financial Introduces Specialized Loan and Therapeutic Warranty Solutions to Help BioPharma, Payers and Insurers Expand Access to Innovative Therapies

Retrieved on: 
Monday, December 12, 2022

New Brunswick, New Jersey--(Newsfile Corp. - December 12, 2022) - Octaviant Financial Announces the Creation of Novel Payment Solutions for High Cost Therapies.

Key Points: 
  • New Brunswick, New Jersey--(Newsfile Corp. - December 12, 2022) - Octaviant Financial Announces the Creation of Novel Payment Solutions for High Cost Therapies.
  • Octaviant Financial is leveraging the CMS 2020 Final Rule to bring therapeutic warranties and innovative financing arrangements to market to bridge the gap between innovative therapies and patients, payers and BioPharma companies.
  • The OFX product's key proprietary feature is that it combines a specialized loan with warranty.
  • Octaviant Financial's mission is to assist drug developers, payers, and providers make innovative treatments, such as gene and cell therapies, as accessible as possible for patients living with rare disease.

Unified Payments Platform, NomuPay, Announces Formation of Global Board of Directors

Retrieved on: 
Tuesday, December 6, 2022

DUBLIN, Ireland, Dec. 6, 2022 /PRNewswire/ -NomuPay Group, a fast-growth financial technology company, today announced the formation of its Global Board of Directors .

Key Points: 
  • DUBLIN, Ireland, Dec. 6, 2022 /PRNewswire/ -NomuPay Group, a fast-growth financial technology company, today announced the formation of its Global Board of Directors .
  • "I am extremely excited to welcome these four individuals to the NomuPay Board and team," said Peter Burridge, Group CEO.
  • A modern end-to-end payment platform purpose-built for expansion into regions of high cross-border and ecommerce growth, NomuPay's Unified Payments (uP) Platform provides omnichannel payments acceptance and payout disbursements through a single API integration.
  • Prior to GoFundMe, Juan was General Manager of Braintree, a global payments company that was acquired by PayPal in 2013.

Unified Payments Platform, NomuPay, Announces Formation of Global Board of Directors

Retrieved on: 
Tuesday, December 6, 2022

DUBLIN, Ireland, Dec. 6, 2022 /PRNewswire/ -- NomuPay Group, a fast-growth financial technology company, today announced the formation of its Global Board of Directors .

Key Points: 
  • DUBLIN, Ireland, Dec. 6, 2022 /PRNewswire/ -- NomuPay Group, a fast-growth financial technology company, today announced the formation of its Global Board of Directors .
  • "I am extremely excited to welcome these four individuals to the NomuPay Board and team," said Peter Burridge, Group CEO.
  • A modern end-to-end payment platform purpose-built for expansion into regions of high cross-border and ecommerce growth, NomuPay's Unified Payments (uP) Platform provides omnichannel payments acceptance and payout disbursements through a single API integration.
  • Prior to GoFundMe, Juan was General Manager of Braintree, a global payments company that was acquired by PayPal in 2013.

Marqeta Names Jeff Parker as New SVP and Managing Director, International

Retrieved on: 
Thursday, October 13, 2022

Marqeta (NASDAQ: MQ), the global modern card issuing platform, today announced the appointment of Jeff Parker as its new SVP and Managing Director, International.

Key Points: 
  • Marqeta (NASDAQ: MQ), the global modern card issuing platform, today announced the appointment of Jeff Parker as its new SVP and Managing Director, International.
  • Parker joins from WorldFirst, the international business payment provider, where he assumed the position of CEO shortly after its acquisition by Ant Group.
  • I am proud to assume the role of SVP, Managing Director, International at such an exciting time for Marqeta.
  • On behalf of the entire company, we are thrilled to welcome Jeff as Marqetas new SVP and Managing Director for our international markets.

Prodapt Launches OpenFibreXchange to Accelerate Pan-UK Digital Connectivity

Retrieved on: 
Monday, October 3, 2022

ISPs can seamlessly connect with regional fibre operators via OFX to deliver pan-UK digital connectivity.

Key Points: 
  • ISPs can seamlessly connect with regional fibre operators via OFX to deliver pan-UK digital connectivity.
  • OpenFibreXchange will accelerate the time-to-market for ISPs to offer high-speed digital services across the country.
  • High-speed full fibre access is indispensable for the digital economy, and OpenFibreXchange can help accelerate the collaboration between ISPs & fibre operators at a national level in the UK Charlie Ruddy, CEO, Digital Infrastructure.
  • OpenFibreXchange will be a great initiative in the Netherlands to accelerate the digital connections for communities, homes & enterprises at the national level Anja Raijmakers, DeltaFiber.

OFX Completes C$90m Acquisition of Canadian Corporate Foreign Exchange Business Firma Foreign Exchange Corporation (Firma)

Retrieved on: 
Monday, May 2, 2022

OFX Group Limited (OFX) today announced it has completed its acquisition of Firma Foreign Exchange Corporation (Firma) for a total consideration of C$90m (A$98m).

Key Points: 
  • OFX Group Limited (OFX) today announced it has completed its acquisition of Firma Foreign Exchange Corporation (Firma) for a total consideration of C$90m (A$98m).
  • OFX Chief Executive Officer and Managing Director, Skander Malcolm said: Were excited to complete our first major acquisition, and to welcome our new clients and colleagues.
  • As we bring our businesses together, our first priority will be ensuring there is no disruption to Firma clients or employees.
  • Completion of the acquisition of Firmas UK business, Firma Foreign Exchange Corporation (UK) is being finalised and remains subject to regulatory approval.