NextCard

NextPlay Technologies Selected by DIG to Offer Fiat Payment and Banking Services for its Blockchain-Powered NFT Game, Realms of Ethernity

Retrieved on: 
Tuesday, April 5, 2022
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This would initially include in-game assets from Realms of Ethernity (RoE), the worlds first MMORPG (massively multiplayer online role-playing games) game.

Key Points: 
  • This would initially include in-game assets from Realms of Ethernity (RoE), the worlds first MMORPG (massively multiplayer online role-playing games) game.
  • The payment platform would allow customers to purchase and sell in-game assets using fiat currencies.
  • NextBank would also offer bank accounts to DIG customers for their fiat deposits, subject to the customer passing NextBank compliance verification.
  • NextBank plans to issue payment cards to DIG customers who have funded their bank accounts at NextBank.

NextPlay Technologies Partners with TruCash Group of Companies to Launch Worldwide Payments Platform and offer International Banking Services to Millions of Account Holders

Retrieved on: 
Tuesday, March 15, 2022
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In addition, NextBank will have the opportunity to offer NextBanks international banking services to TruCashs millions of account holders worldwide.

Key Points: 
  • In addition, NextBank will have the opportunity to offer NextBanks international banking services to TruCashs millions of account holders worldwide.
  • NextBank operates under a special license that permits banking for customers around the world in multiple currencies.
  • The partnership with TruCash will enable NextBank to issue cards to customers in nearly every country around the globe, further expanding NextBanks services.
  • NextBank plans to offer its new credit card services to partners throughout the world, such as under the recently announced agreement for members of the ABCC cryptocurrency exchange.

NextPlay Technologies' NextBank Selected to Provide Deposit Accounts and Payment Cards for Alphabit's ABCC Cryptocurrency Exchange

Retrieved on: 
Wednesday, February 16, 2022
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Ltd., to provide deposit accounts and payment cards for members of its ABCC cryptocurrency exchange.

Key Points: 
  • Ltd., to provide deposit accounts and payment cards for members of its ABCC cryptocurrency exchange.
  • The NextBank accounts will maintain ABCC users' fiat (government issued) cash balances, permitting them to trade between fiat currency and cryptocurrency on ABCC exchange.
  • Account holders will also be able to apply for payment cards that would allow them to make payments secured by their cryptocurrency balances.
  • "ABCC is an exceptionally well-managed and fast-growing crypto exchange, making them the perfect partner to launch payment cards with," stated Todd Bonner, chairman of NextPlay Technologies and head of the company's fintech division.

NextPlay Technologies’ NextBank Selected to Provide Deposit Accounts and Payment Cards for Alphabit’s ABCC Cryptocurrency Exchange  

Retrieved on: 
Wednesday, February 16, 2022
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Ltd., to provide deposit accounts and payment cards for members of its ABCC cryptocurrency exchange .

Key Points: 
  • Ltd., to provide deposit accounts and payment cards for members of its ABCC cryptocurrency exchange .
  • The NextBank accounts will maintain ABCC users fiat (government issued) cash balances, permitting them to trade between fiat currency and cryptocurrency on ABCC exchange.
  • Account holders will also be able to apply for payment cards that would allow them to make payments secured by their cryptocurrency balances.
  • ABCC is an exceptionally well-managed and fast-growing crypto exchange, making them the perfect partner to launch payment cards with, stated Todd Bonner, chairman of NextPlay Technologies and head of the companys fintech division.

NextPlay Technologies Reports Fiscal Q3 2022 Record Revenue of $4.2 Million, up 59% Sequentially; Gross Margin Increases to 53.5%

Retrieved on: 
Thursday, January 13, 2022
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Gross profit totaled $2.2 million, with consolidated gross margin improving to 53.5% from 51.9% in the previous quarter.

Key Points: 
  • Gross profit totaled $2.2 million, with consolidated gross margin improving to 53.5% from 51.9% in the previous quarter.
  • Appointed Jorge E. Miro Hernandez as president and COO of NextBank International and Carla P. Mendez as chief administrative officer.
  • We are now focused on actualizing operational and sales efficiencies by deepening operations integration, and by cross-selling new products across divisions.
  • Consolidated gross profit totaled $2.2 million or 53.5% of revenue, as compared to none in the same period a year-ago.

NextPlay's NextFin Division Receives Conditional License Approval for Insurance and Re-insurance Offerings

Retrieved on: 
Tuesday, November 30, 2021
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The licensing enables NextPlay's fintech division to establish primary insurance operations, NextShield LTD, that looks to initially offer products in the form of block-chained parametric comprehensive travel insurance and bank deposit insurance.

Key Points: 
  • The licensing enables NextPlay's fintech division to establish primary insurance operations, NextShield LTD, that looks to initially offer products in the form of block-chained parametric comprehensive travel insurance and bank deposit insurance.
  • The re-insurance license enables the company to establish re-insurance operations, NextShield Re, which can offer to investors tokenized fully compliant insurance-linked securities (ILS).
  • Todd Bonner, head of NextPlay's fintech division, will be leading the new insurance initiatives.
  • He brings to the program significant experience in the insurance industry, including co-founding Pacific Century Insurance with Richard Li in Hong Kong which eventually exited in a $888 million transaction.

NextPlay’s NextFin Division Receives Conditional License Approval for Insurance and Re-insurance Offerings

Retrieved on: 
Tuesday, November 30, 2021
Internet, News, Insurance, Securities Act of 1933, Technology, Industry, ILS, Annual report, Private Securities Litigation Reform Act, ALR, Forward-looking statement, Company, Exercise, SEC, Program, COVID-19, Bonner, Securities Exchange Act of 1934, Policy, NextCard, FTLife, Nasdaq, Artificial intelligence, Twitter, GLOBE, Advertising, SUNRISE, Labuan, Uncertainty, Adtech (company), LinkedIn, NASDAQ, Travel, Bank

The licensing enables NextPlays fintech division to establish primary insurance operations, NextShield LTD, that looks to initially offer products in the form of block-chained parametric comprehensive travel insurance and bank deposit insurance.

Key Points: 
  • The licensing enables NextPlays fintech division to establish primary insurance operations, NextShield LTD, that looks to initially offer products in the form of block-chained parametric comprehensive travel insurance and bank deposit insurance.
  • The re-insurance license enables the company to establish re-insurance operations, NextShield Re, which can offer to investors tokenized fully compliant insurance-linked securities (ILS ).
  • Todd Bonner, head of NextPlays fintech division, will be leading the new insurance initiatives.
  • He brings to the program significant experience in the insurance industry, including co-founding Pacific Century Insurance with Richard Li in Hong Kong which eventually exited in a $888 million transaction.

Nobul Expands Leadership Team With Four New Key Executives to Accelerate Growth

Retrieved on: 
Friday, November 12, 2021
Cloud, Bank One Corporation, Property technology, Record, Sony Entertainment, Business, Industry, Research, Quotient Technology, Operation, Engineering, FedEx, DrChrono, IPO, MBA, Real estate, Technology, Growth, NextCard, UC, Facebook, Verizon Communications, GOT, AI, Core Data, CTO, Distributed computing, Silicon, Acquisition, Google Search, GLOBE, Splunk, Columbia University, Booster Fuels, Stanford University, Big data, Selling Sunset, University of California, Berkeley, NYU, Joseph Fourier University, New York University Stern School of Business, Statistics, MS, Apple, BS, Computer architecture, Cisco Systems, ENSERG, Management, Video game

"I am very pleased to have these highly accomplished executives from Silicon Valley join Nobul's leadership team to fuel our growth.

Key Points: 
  • "I am very pleased to have these highly accomplished executives from Silicon Valley join Nobul's leadership team to fuel our growth.
  • They each have proven track records of successfully scaling businesses much smaller than Nobul to multibillion-dollar market caps and attracting stellar talent."
  • "I look forward to working with Regan McGee and the outstanding team the company already has in place.
  • Phil was CTO at Cold Creek Technologies and has also held key positions at Splunk, Synopsys, Atoptech and Aristo Technologies.

Nobul Expands Leadership Team With Four New Key Executives to Accelerate Growth

Retrieved on: 
Friday, November 12, 2021
Cloud, PALM, Bank One Corporation, Property technology, Record, Sony Entertainment, Business, Industry, Research, Quotient Technology, Operation, Engineering, FedEx, DrChrono, IPO, MBA, Real estate, Technology, Growth, NextCard, UC, Facebook, Verizon Communications, GOT, AI, Core Data, CTO, Distributed computing, Silicon, Acquisition, Google Search, GLOBE, Splunk, Columbia University, Booster Fuels, Stanford University, Big data, Selling Sunset, University of California, Berkeley, NYU, Joseph Fourier University, New York University Stern School of Business, Statistics, MS, Apple, BS, Computer architecture, Cisco Systems, ENSERG, Management, Video game

"I am very pleased to have these highly accomplished executives from Silicon Valley join Nobul's leadership team to fuel our growth.

Key Points: 
  • "I am very pleased to have these highly accomplished executives from Silicon Valley join Nobul's leadership team to fuel our growth.
  • They each have proven track records of successfully scaling businesses much smaller than Nobul to multibillion-dollar market caps and attracting stellar talent."
  • "I look forward to working with Regan McGee and the outstanding team the company already has in place.
  • Phil was CTO at Cold Creek Technologies and has also held key positions at Splunk, Synopsys, Atoptech and Aristo Technologies.

NextPlay Announces a Request for Proposals for Its Upcoming Suite of Stable Coins

Retrieved on: 
Friday, November 5, 2021
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SUNRISE, FL, Nov 5, 2021 - (ACN Newswire) - NextPlay Technologies, Inc. (Nasdaq: NXTP), a digital business ecosystem for digital advertisers, consumers, video gamers and travelers, announces it is seeking partners to power a suite of digital stable coins.

Key Points: 
  • SUNRISE, FL, Nov 5, 2021 - (ACN Newswire) - NextPlay Technologies, Inc. (Nasdaq: NXTP), a digital business ecosystem for digital advertisers, consumers, video gamers and travelers, announces it is seeking partners to power a suite of digital stable coins.
  • NextPlay's suite of coins will be built on top of recently acquired enabling technologies from Token IQ Inc. and enabled by NextPlay's Longroot and NextBank units.
  • With this goal in mind NextPlay is soliciting information from technology, banking, exchange, and digital chain partners.
  • Once established, the coin suite will be offered to the general public and to partner exchanges.