Nest Egg

STRATEGIC GROWTH PROMPTS KEY HIRE: Compliance Risk Concepts LLC Welcomes Michael Durette as First Chief Revenue Officer

Retrieved on: 
Tuesday, November 28, 2023

NEW YORK, Nov. 28, 2023 /PRNewswire-PRWeb/ -- Compliance Risk Concepts LLC (CRC), a top-tier provider of actionable and cost-effective compliance management services within the financial services industry, is pleased to announce that Michael Durette has joined their team in the newly created role of Chief Revenue Officer. The strategic hire is a quantum leap forward in CRC's continued growth trajectory: advancing the company's operative approach to sales, fortifying its position in the financial services industry, and accelerating its strategic growth.

Key Points: 
  • Compliance Risk Concepts LLC (CRC), a top-tier provider of actionable and cost-effective compliance management services within the financial services industry, is pleased to announce that Michael Durette has joined their team in the newly created role of Chief Revenue Officer.
  • NEW YORK, Nov. 28, 2023 /PRNewswire-PRWeb/ -- Compliance Risk Concepts LLC (CRC), a top-tier provider of actionable and cost-effective compliance management services within the financial services industry, is pleased to announce that Michael Durette has joined their team in the newly created role of Chief Revenue Officer.
  • Before joining Compliance Risk Concepts, Durette honed his acumen as Chief Compliance Officer at Nest Egg.
  • Compliance Risk Concepts continues to be a trusted advisory for enterprises seeking expert and cost-effective compliance management solutions.

Nest Egg Completes Strategic Financing Round

Retrieved on: 
Monday, June 5, 2023

Nest Egg , a technology-forward investment advice platform for customers of banks and credit unions, is pleased to announce its latest round of financing, led by partners OceanFirst Bank and Republic Bancorp, Inc., as well as other strategic investors.

Key Points: 
  • Nest Egg , a technology-forward investment advice platform for customers of banks and credit unions, is pleased to announce its latest round of financing, led by partners OceanFirst Bank and Republic Bancorp, Inc., as well as other strategic investors.
  • Currently partnered with 11 financial institutions, Nest Egg services are accessible to nearly 1 million bank customers at over 100 locations in 12 states.
  • Nest Egg is slated to finalize several new partnerships in 2023, continuing momentum gained in 2022 and early 2023.
  • Our strategic partners’ investment in Nest Egg will enable us to reach more and more Americans via our trusted bank and credit union partners,” said Arden Miller, Co-Founder & President of Nest Egg.

Emerging Markets Report: Unstoppable

Retrieved on: 
Thursday, March 30, 2023

ORLANDO, Fla., March 30, 2023 (GLOBE NEWSWIRE) -- Recently, we reported that GoLogiq, Inc. (“GoLogiq”) (OTC: GOLQ), a global provider of mobile fintech solutions for digital transformation and consumer data analytics, teamed up with GammaRey, a privately-held fintech ecosystem for the New World Digital Economy, in a merger valued at $320 million based on per share pricing of $3.00, and that the company was moving fast and already focusing on what is next.

Key Points: 
  • Well, we will tell you what is next: A proposed agreement to acquire the Institutional Investment Advisory Firm, CPG Research & Advisory in a $15 million merger.
  • Here is what CPG Research & Advisory would bring to GoLogiq if there is a successful merger:
    30 years of investment research and advisory experience for major institutions.
  • Advanced research and advice capabilities powered by sophisticated research technology that is complementary to GoLogiq’s expanding Fintech platform.
  • CPG is headquartered in Sydney but services clients across Australia as well as in Bahrain and New Zealand.

GoLogiq to Acquire Institutional Investment Advisory Firm, CPG Research & Advisory, in $15 Million Merger

Retrieved on: 
Wednesday, March 15, 2023

NEW YORK, March 15, 2023 (GLOBE NEWSWIRE) -- GoLogiq, Inc. (OTC:GOLQ), a U.S.-based global provider of fintech and consumer data analytics, has signed a mutual non-binding letter of intent to acquire Sydney-based CPG Research & Advisory, a leading global provider of independent investment consulting services.

Key Points: 
  • Privately held CPG Research & Advisory to bring to GoLogiq:
    30 years of investment research and advisory experience for major institutions.
  • Advanced research and advice capabilities powered by sophisticated research technology that is complementary to GoLogiq’s expanding Fintech platform.
  • CPG is expected to bring to GoLogiq more than 30 years of experience as an independent investment advisor and asset consultant.
  • Under the terms of the proposed agreement, GoLogiq will acquire 51% of CPG in an all-stock transaction.

Emerging Markets Report: On To The Next

Retrieved on: 
Tuesday, March 14, 2023

ORLANDO, Fla., March 14, 2023 (GLOBE NEWSWIRE) -- We previously reported that GoLogiq, Inc. (“GoLogiq”) (OTC: GOLQ), a global provider of mobile fintech solutions for digital transformation and consumer data analytics, planned to join forces with GammaRey, a privately-held fintech ecosystem for the New World Digital Economy, in a merger valued at $320 million based on per share pricing of $3.00. Now that the merger is complete, the company is setting its sights on something even bigger.

Key Points: 
  • Now that the merger is complete, the company is setting its sights on something even bigger.
  • This merger now allows the company to focus on expanding its platform even more and pursuing two major fintech acquisition targets.
  • The targets collectively have more than $10 billion in assets under management that are managed by more than 200 financial advisors.
  • Suen believes that this specific deal will enhance the company's value proposition for potential Generation Z and Millennial customers.

GoLogiq’s GammaRey Merger Paves Way for Two Potential Major FinTech Acquisitions with Aggregate Assets Under Management Exceeding $10 Billion

Retrieved on: 
Thursday, March 9, 2023

The targets collectively have more than $10 billion in assets under management that are managed by more than 200 financial advisors.

Key Points: 
  • The targets collectively have more than $10 billion in assets under management that are managed by more than 200 financial advisors.
  • GammaRey brought to GoLogiq a profitable business with strong cash flow driven by an estimated $20 million annualized revenue run rate, plus nearly $800 million in customer financial assets.
  • Moreover, it introduced a pipeline of highly attractive accretive and/or tech-enabling acquisition targets.
  • “Now with our merger with GammaRey complete, our expanded team has now turned its focus on additional complementary acquisitions in the pipeline,” stated GoLogiq interim CEO, Brent Suen.

GoLogiq and GammaRey Complete Fintech Merger, Creating a Powerful New Financial Ecosystem for the New Digital Economy

Retrieved on: 
Tuesday, March 7, 2023

NEW YORK, March 07, 2023 (GLOBE NEWSWIRE) -- GoLogiq, Inc. (OTC:GOLQ), a U.S.-based global provider of fintech and consumer data analytics, has completed its previously announced merger with GammaRey, Inc., a privately-held fintech ecosystem for the New World Digital Economy.

Key Points: 
  • Full-stack fintech ecosystem designed for the New World Digital Economy, including a commodity-backed digital currency, digital wallet, and proprietary transaction platform for securities, goods and services.
  • NEW YORK, March 07, 2023 (GLOBE NEWSWIRE) -- GoLogiq, Inc. (OTC:GOLQ), a U.S.-based global provider of fintech and consumer data analytics, has completed its previously announced merger with GammaRey, Inc., a privately-held fintech ecosystem for the New World Digital Economy.
  • This new generation of wealth-builders represents the sharing economy that will be powered by digital banking solutions, such as virtual payments, lending and loyalty programs.
  • The company plans to disclose additional details of GammaRey’s financials with its 2022 audited results to be filed with the SEC later this month.

Republic Bank Partners with Nest Egg to Bring Investment Planning and Management to the Bank’s Clients

Retrieved on: 
Wednesday, March 1, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20230301005216/en/
    “Nest Egg at Republic Bank has simplified the investing and financial planning process,” said Republic Bank CEO and President Logan Pichel.
  • The digital-based platform provides access to sound investment advice from live investment planners and advisors through video chat from the Nest Egg kiosks located in Republic Bank banking centers, or through RepublicBank.com or the Republic Bank mobile app.
  • Investments made through Nest Egg at Republic Bank are not FDIC insured, there is no Bank guarantee, investments may lose value, and are not a Bank deposit.
  • Insurance is offered through Nest Insurance LLC, DBA Nest Insurance Agency LLC, a wholly-owned subsidiary of Nest Egg.

GoLogiq’s Nest Egg Completes Integration of GPT-3 AI Technology into Consumer Investing Platform

Retrieved on: 
Tuesday, February 21, 2023

NEW YORK, Feb. 21, 2023 (GLOBE NEWSWIRE) -- GoLogiq, Inc. (OTC: GOLQ), a U.S.-based global provider of fintech and consumer data analytics, announced that Nest Egg Investments has completed the integration of GPT-3 Artificial Intelligence (AI) technology into its consumer investing platform and mobile app.

Key Points: 
  • NEW YORK, Feb. 21, 2023 (GLOBE NEWSWIRE) -- GoLogiq, Inc. (OTC: GOLQ), a U.S.-based global provider of fintech and consumer data analytics, announced that Nest Egg Investments has completed the integration of GPT-3 Artificial Intelligence (AI) technology into its consumer investing platform and mobile app.
  • GoLogiq and Nest Egg recently signed a definitive mutual share exchange agreement in all-stock merger transaction valued at $30 million.
  • Enables smarter investing and trading by leveraging GPT-3 AI technology to generate portfolio research based on consumer preferences and market trends.
  • “We see Nest Egg’s integration of GPT-3 AI technology for easier and smarter research of stocks, mutual funds and ETFs as truly revolutionary.”

GoLogiq Commences Process of Listing on Senior U.S. Exchange

Retrieved on: 
Wednesday, February 15, 2023

NEW YORK, Feb. 15, 2023 (GLOBE NEWSWIRE) -- GoLogiq, Inc. (OTC: GOLQ), a U.S.-based global provider of fintech and consumer data analytics, has commenced the process of listing on a senior U.S. exchange.

Key Points: 
  • NEW YORK, Feb. 15, 2023 (GLOBE NEWSWIRE) -- GoLogiq, Inc. (OTC: GOLQ), a U.S.-based global provider of fintech and consumer data analytics, has commenced the process of listing on a senior U.S. exchange.
  • GoLogiq also recently appointed two business and government leaders to its newly formed advisory board who bring years of Fortune 500 senior management experience, including experience with the listing process, corporate governance and M&A.
  • To help guide and assist with the listing process, the company has engaged an advisory firm, Exchange Listing, which is highly experienced with the listing process.
  • According to Brent Suen, interim CEO of GoLogiq, stated: “We believe we now have all the right elements in place for a successful listing on a senior U.S. exchange.