BBR

EVERTEC Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Wednesday, February 28, 2024

EVERTEC, Inc. (NYSE: EVTC) (“Evertec” or the “Company”) today announced results for the fourth quarter and full year ended December 31, 2023.

Key Points: 
  • EVERTEC, Inc. (NYSE: EVTC) (“Evertec” or the “Company”) today announced results for the fourth quarter and full year ended December 31, 2023.
  • The quarter results also reflect an increase in interest expense in connection with financing the Sinqia acquisition.
  • For the quarter ended December 31, 2023, Adjusted EBITDA was $71.7 million, an increase of $2.5 million compared to the prior year.
  • The Company will host a conference call to discuss its fourth quarter and full year 2023 financial results today at 4:30 p.m.

Taiko Raises US$37M from Top-tier VCs Ahead Of Mainnet Launch

Retrieved on: 
Saturday, March 2, 2024

NEW YORK and LONDON and SINGAPORE, March 2, 2024 /PRNewswire/ -- Taiko, an Ethereum Layer 2 scaling solution provider, today announced the close of commitments for a US$15 million Series A funding round led by Lightspeed Faction, Hashed, Generative Ventures, and Token Bay Capital. Other notable participating investors in this latest round include Wintermute Ventures, Presto Labs, Flow Traders, Amber Group, OKX Ventures, GSR, WW Ventures, and more. The close of its most recent round brings Taiko's total capital raised to US$37 million across three rounds. The closing of its Series A round comes just ahead of Taiko's highly-anticipated mainnet launch. 

Key Points: 
  • Last month, Taiko launched a new testnet, Katla , which has seen >1.1M wallet addresses and >13M total transactions to date.
  • The closing of its Series A round comes just ahead of Taiko's highly-anticipated mainnet launch.
  • Taiko is an Ethereum-equivalent ZK-Rollup, scaling Ethereum by supporting all EVM opcodes in a Layer 2 architecture that is decentralized, permissionless, and secure.
  • Since it was founded in 2022, Taiko has successfully executed six testnets involving over 1,100,000+ unique wallets, 30,000+ proposers, and 14,000+ provers.

Strategic Investment by MarketVector™ Indexes in CCData Marks a New Era in Digital Asset Indexing

Retrieved on: 
Monday, January 22, 2024

This investment highlights MarketVector's commitment to advancing innovative digital asset indexing solutions by partnering with key players in the digital asset ecosystem.

Key Points: 
  • This investment highlights MarketVector's commitment to advancing innovative digital asset indexing solutions by partnering with key players in the digital asset ecosystem.
  • In 2017, MarketVector joined forces with CCData to introduce a groundbreaking family of digital asset indexes.
  • Leveraging CCData's market-leading data solutions and trusted exchange benchmark methodology, the collaboration marked a significant leap in providing accurate and reliable digital asset benchmarks.
  • “With influential institutions actively entering the digital asset sector, the demand for robust data and indexing solutions that mirror the gold standard of traditional finance is paramount.

Taiko Unveils Latest Testnet "Katla" with Multi-Proofs, Paving the Way for Mainnet Launch

Retrieved on: 
Monday, January 15, 2024

NEW YORK, LONDON and SINGAPORE, Jan. 15, 2024 /PRNewswire/ -- Taiko, an Ethereum layer 2 scaling solutions provider, today has announced it has launched Katla, their Alpha-6 testnet. This testnet features a new rollup design that supports both optimistic rollup and ZK Rollup, forming the foundation of the mainnet launch in 2024.

Key Points: 
  • Katla is the first testnet using Taiko's Based Contestable Rollup (BCR) design and will serve as the foundation of Taiko's mainnet launch.
  • This testnet features a new rollup design that supports both optimistic rollup and ZK Rollup, forming the foundation of the mainnet launch in 2024.
  • It will very likely be the last testnet before Taiko's mainnet launch in early 2024.
  • Katla will likely be the last testnet Taiko has before its mainnet launch, which is going to look a lot like what it is testing with Katla.

MarketVector Indexes Licenses its flagship Bitcoin Benchmark Rate to VanEck for HODL, the pioneering Spot Bitcoin ETF

Retrieved on: 
Thursday, January 11, 2024

MarketVector IndexesTM (“MarketVector”) announces the licensing of the MarketVector™ Bitcoin Benchmark Rate (BBR ) to VanEck.

Key Points: 
  • MarketVector IndexesTM (“MarketVector”) announces the licensing of the MarketVector™ Bitcoin Benchmark Rate (BBR ) to VanEck.
  • The firm today launched the VanEck Bitcoin Trust (CBOEBZX Ticker: HODL), a first-of-its-kind ETF that provides exposure to spot Bitcoin.
  • “We are honored to partner with VanEck to support the launch of their innovative and pioneering Spot Bitcoin ETF, HODL,” said Steven Schoenfeld, CEO of MarketVector.
  • “Benchmarked to the MarketVectorTM Bitcoin Benchmark Rate, we are confident that investors will gain efficient exposure to Bitcoin.

NEW JERSEY INTENDS TO PASS LEGISLATION REQUIRING COSMETOLOGY STATE BOARD LICENSING REQUIREMENTS BE INCLUSIVE OF ALL HAIR TYPES AND TEXTURES

Retrieved on: 
Wednesday, August 9, 2023

SCOTTSDALE, Ariz., Aug. 9, 2023 /PRNewswire/ -- The Professional Beauty Association (PBA), whose mission is to advocate and fight for the rights and professionalism of the beauty industry, in conjunction with the Texture Education Collective (TEC), is pleased to announce the stewardship of texture-inclusive legislation in New Jersey. 

Key Points: 
  • New Jersey is expected to soon pass bill A5443 / S3845 , which requires training of cosmetologists, defined as hairstylists, beauticians, barbers, and hair braiders, to include working on textured hair.
  • This bill is sponsored by New Jersey State Assemblywoman Angela McKnight and New Jersey State Senator Teresa Ruiz.
  • This bill requiring cosmetology training to include textured hair will help stylists as well as patrons," says Assemblywoman Angela McKnight.
  • The Texture Education Collective was formed by an alliance of professional hair industry leaders with a shared goal of encouraging cosmetology state board licensing requirements and curriculums nationwide to be inclusive of all hair types and textures.

TARTE COSMETICS ANNOUNCES SECOND ANNUAL 'SHAPE YOUR FUTURE™' SMALL BUSINESS AWARDS

Retrieved on: 
Friday, July 28, 2023

NEW YORK, July 28, 2023 /PRNewswire/ -- tarte cosmetics, a leading beauty brand known for its commitment to giving back and empowering entrepreneurs, proudly announces the Second Annual Shape Your Future™ Small Business Awards. The program will grant $300,000 to Black female entrepreneurs starting in National Black Business Month in August.

Key Points: 
  • Leading Beauty Brand & CEO Commit $300,000 to Empower Black Entrepreneurs, Reinforcing Dedication to Social Responsibility and Giving Back
    NEW YORK, July 28, 2023 /PRNewswire/ -- tarte cosmetics, a leading beauty brand known for its commitment to giving back and empowering entrepreneurs, proudly announces the Second Annual Shape Your Future™ Small Business Awards.
  • The $300,000 in awards will be funded equally, with tarte contributing $150,000 and tarte Founder and CEO Maureen Kelly personally pledging an additional $150,000.
  • "Supporting Black small business owners is one way to help shape a more inclusive, equitable and thriving business landscape."
  • Applications for the Shape Your Future™ $300,000 Small Business Awards will open August 1st, and details will be released on @tartecosmetics social channels.

EVERTEC Reports Second Quarter 2023 Results

Retrieved on: 
Wednesday, July 26, 2023

EVERTEC, Inc. (NYSE: EVTC) (“Evertec”, the “Company”, “we” or “our”) today announced results for the second quarter ended June 30, 2023.

Key Points: 
  • EVERTEC, Inc. (NYSE: EVTC) (“Evertec”, the “Company”, “we” or “our”) today announced results for the second quarter ended June 30, 2023.
  • Payment processing LATAM revenue growth reflected the impact from the BBR and paySmart acquisitions completed in the third quarter of 2022 and first quarter of 2023, respectively, and organic growth.
  • For the quarter ended June 30, 2023, Adjusted EBITDA was $74 million, a decrease of $0.4 million when compared to the prior year quarter.
  • The Company will host a conference call to discuss its second quarter 2023 financial results today at 4:30 p.m.

EVERTEC Reports First Quarter 2023 Results

Retrieved on: 
Wednesday, April 26, 2023

EVERTEC, Inc. (NYSE: EVTC) (“Evertec”, the “Company”, “we” or “our”) today announced results for the first quarter ended March 31, 2023.

Key Points: 
  • EVERTEC, Inc. (NYSE: EVTC) (“Evertec”, the “Company”, “we” or “our”) today announced results for the first quarter ended March 31, 2023.
  • Total revenue for the quarter ended March 31, 2023 was $159.8 million, an increase of 6% compared with $150.2 million in the prior year quarter.
  • For the quarter ended March 31, 2023, Adjusted EBITDA was $67.1 million, a decrease of $5.6 million when compared to the prior year quarter.
  • The Company will host a conference call to discuss its first quarter 2023 financial results today at 4:30 p.m.

Black Led Research Firm Awarded $3M Grant Through Biden-Harris Administration Initiative

Retrieved on: 
Tuesday, March 14, 2023

SEATTLE, March 14, 2023 /PRNewswire/ -- Black Brilliance Research (BBR) is thrilled to announce that it has been awarded an Internet for All Grant from the National Telecommunications and Information Administration.

Key Points: 
  • SEATTLE, March 14, 2023 /PRNewswire/ -- Black Brilliance Research (BBR) is thrilled to announce that it has been awarded an Internet for All Grant from the National Telecommunications and Information Administration.
  • BBR won the grant in partnership with the University of Washington Tacoma (UWT) for the Connect Across Tacoma project.
  • Black Brilliance Research intentionally amplifies the power of lived experience to create a world where everyone can thrive.
  • For more information about Black Brilliance Research and its work to promote digital equity and inclusion, visit https://www.blackbrillianceresearch.com/home .