VEF

Bookings Spike for TIAA Bank's Vendor Equipment Finance Team

Retrieved on: 
Thursday, August 4, 2022
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JACKSONVILLE, Fla., Aug. 4, 2022 /PRNewswire/ -- TIAA Bank's vendor equipment finance (VEF) team saw a year-over-year jump in new business volume. The growth stems from strong production across VEF served segments, including industrial, healthcare and capital markets.  

Key Points: 
  • JACKSONVILLE, Fla., Aug. 4, 2022 /PRNewswire/ -- TIAA Bank's vendor equipment finance (VEF) team saw a year-over-year jump in new business volume.
  • "VEF is laser-focused on supporting our vendor partners as they continue to rebound from the pandemic and return to a growth mode," said Justin Tabone, head of Originations, Vendor Equipment Finance for TIAA Bank.
  • TIAA Bank's Vendor Equipment Finance business, a division of TIAA, FSB, provides equipment financing for critical business assets to preserve the customer's capital and manage obsolescence of its equipment.
  • With a legacy of success and stability, TIAA Bank and its parent, TIAA, grow and maintain strong partnerships in each community they serve.

JUSPAY - India's leading Payment Technology Platform, raises $60 million in Series C funding led by SoftBank Vision Fund 2

Retrieved on: 
Wednesday, December 15, 2021
BHIM, Wellington Management Company, Ecosystem, SDK, UPI, Flipkart, USD, CEO, Amazon, Invention, SoftBank Group, Multimedia, Gemstone, Technology, VEF, Box, View, Online shopping, Swiggy

BENGALURU, India, Dec. 15, 2021 /PRNewswire/ -- Juspay Technologies, the pioneers of 1-click frictionless digital payments in India, today announced USD 60 million in Series C funding led by SoftBank Vision Fund 2 with participation from existing investors VEF and Wellington Management.

Key Points: 
  • BENGALURU, India, Dec. 15, 2021 /PRNewswire/ -- Juspay Technologies , the pioneers of 1-click frictionless digital payments in India, today announced USD 60 million in Series C funding led by SoftBank Vision Fund 2 with participation from existing investors VEF and Wellington Management.
  • Founded in 2012, Juspay is on a mission to build a robust payments operating system for India.
  • It has played a pivotal role in improving the user experience for billions of payment transactions for leading merchants like Amazon, Flipkart and Swiggy.
  • Juspay intends to invest the funds in technology and product development to scale its business in payments and product adjacencies like credit - both in India and globally.

PixCell Medical Appoints Armin Schon as New Chief Commercial Officer to Foster Continued HemoScreen™ Growth

Retrieved on: 
Thursday, July 15, 2021
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YOKNEAM ILLIT, Israel, July 15, 2021 /PRNewswire/ -- PixCell Medical , innovator of rapid diagnostic solutions at the point-of-care, announced today that Armin Schon, Ph.D., has been appointed chief commercial officer, effective immediately.

Key Points: 
  • YOKNEAM ILLIT, Israel, July 15, 2021 /PRNewswire/ -- PixCell Medical , innovator of rapid diagnostic solutions at the point-of-care, announced today that Armin Schon, Ph.D., has been appointed chief commercial officer, effective immediately.
  • Schon will oversee PixCell's global commercial partnerships, all sales and marketing activities and distribution of the company's proprietary hematology analyzer, HemoScreen.
  • "As a member of PixCell's board, I helped the company progress to the commercial product we now know as HemoScreen.
  • Schon brings more than 20 years of multidisciplinary experience in strategy and business development for global science-based industries and medical device companies.

VEF (VEFL) initiation: Digitalisation dynamo

Retrieved on: 
Saturday, November 7, 2020
Soviet brands, VEF, NAV, NAV, Industries, Companies

VEF is a unique, fairly young company focused on fintech in emerging markets where financial services are underpenetrated and populations are jumping straight to digitalisation, with COVID-19 accelerating this trend.

Key Points: 
  • VEF is a unique, fairly young company focused on fintech in emerging markets where financial services are underpenetrated and populations are jumping straight to digitalisation, with COVID-19 accelerating this trend.
  • VEF trades at a discount to NAV (13%) following a 20% NAV increase in Q320 and could offer a very attractive entry point for growth-oriented investors who cannot easily get exposure to this asset class.
  • Its track record is limited, but realisations so far have made a 65% IRR, and VEF is backed by highly regarded shareholders.
  • VEF is trading at a 13% NAV discount.