B2B

The Hashgraph Association and Hylobiz - a Vayana subsidiary - launch debt-based financial products on Hedera DLT network

Retrieved on: 
Thursday, May 9, 2024

HYDERABAD, India, May 9, 2024 /PRNewswire/ -- The Hashgraph Association (THA), the Swiss-based organization at the forefront of global digital enablement, has partnered with Hylobiz, a Vayana group company, for the launch of decentralized debt-based financial products built on the Hedera DLT network. Leveraging Hedera's decentralized, open-source public ledger, Hylobiz's software as a service (SaaS) B2B lending platform enables easier access to affordable financing for small and medium-sized businesses (SMBs) globally.

Key Points: 
  • Hylobiz's B2B lending platform tech built upon Hedera's decentralized network focused on enabling streamlined digital access to low-cost financing for SMBs globally.
  • HYDERABAD, India, May 9, 2024 /PRNewswire/ -- The Hashgraph Association (THA) , the Swiss-based organization at the forefront of global digital enablement, has partnered with Hylobiz, a Vayana group company, for the launch of decentralized debt-based financial products built on the Hedera DLT network.
  • Leveraging Hedera's decentralized, open-source public ledger, Hylobiz's software as a service (SaaS) B2B lending platform enables easier access to affordable financing for small and medium-sized businesses (SMBs) globally.
  • Kamal Youssefi, President of The Hashgraph Association, stated, "We share the same vision of Hylobiz and Vayana in creating an ecosystem where digital finance is embedded in a transaction invisibly, securely, and transparently.

The Hashgraph Association and Hylobiz - a Vayana subsidiary - launch debt-based financial products on Hedera DLT network

Retrieved on: 
Thursday, May 9, 2024

HYDERABAD, India , May 9, 2024 /PRNewswire/ -- The Hashgraph Association (THA), the Swiss-based organization at the forefront of global digital enablement, has partnered with Hylobiz, a Vayana group company, for the launch of decentralized debt-based financial products built on the Hedera DLT network. Leveraging Hedera's decentralized, open-source public ledger, Hylobiz's software as a service (SaaS) B2B lending platform enables easier access to affordable financing for small and medium-sized businesses (SMBs) globally.

Key Points: 
  • Hylobiz's B2B lending platform tech built upon Hedera's decentralized network focused on enabling streamlined digital access to low-cost financing for SMBs globally.
  • HYDERABAD, India , May 9, 2024 /PRNewswire/ -- The Hashgraph Association (THA) , the Swiss-based organization at the forefront of global digital enablement, has partnered with Hylobiz, a Vayana group company, for the launch of decentralized debt-based financial products built on the Hedera DLT network.
  • Leveraging Hedera's decentralized, open-source public ledger, Hylobiz's software as a service (SaaS) B2B lending platform enables easier access to affordable financing for small and medium-sized businesses (SMBs) globally.
  • Kamal Youssefi, President of The Hashgraph Association, stated, "We share the same vision of Hylobiz and Vayana in creating an ecosystem where digital finance is embedded in a transaction invisibly, securely, and transparently.

EQS-News: Top research firm gives Intershop 6 highest score possible in B2B commerce ‘Current offering’ criteria

Retrieved on: 
Friday, May 10, 2024

The report cites Intershop’s architecture improvements and its good vision of how buying experiences will evolve.

Key Points: 
  • The report cites Intershop’s architecture improvements and its good vision of how buying experiences will evolve.
  • We believe our Intershop Commerce Platform stands out in the report, reflecting our commitment to empowering businesses with scalable and customizable commerce solutions for an AI-driven era.
  • The evaluation of B2B e-commerce solutions is based on 24 criteria, organized into three overarching categories: current offering, strategy, and market presence.
  • Vendors included in this assessment have substantial B2B product revenue, strong support for B2B e-commerce, and a broad customer base.

Freight Technologies, Inc. Reports Financial Results for Fiscal Year 2023

Retrieved on: 
Thursday, May 9, 2024

Fr8Tech recorded annual revenue for fiscal 2023 of $17.1 million vs. annual revenue of $25.9 million in 2022, a year-over-year decline of 34%.

Key Points: 
  • Fr8Tech recorded annual revenue for fiscal 2023 of $17.1 million vs. annual revenue of $25.9 million in 2022, a year-over-year decline of 34%.
  • The Company was also able to grow its Fr8Fleet dedicated services by 48% to $3.6 million for the year.
  • We also continued to invest in Fr8App to make it more intuitive and powerful for our users and extend its capabilities.
  • CFO of Fr8Tech, Don Quinby, noted: "While 2023 was a challenging year for our topline, there are some notable highlights.

ON24 to Participate in the Upcoming 19th Annual Needham Technology, Media, & Consumer Conference

Retrieved on: 
Thursday, May 9, 2024

ON24 (NYSE: ONTF), a leading intelligent engagement platform for B2B sales and marketing, today announced participation in the following upcoming investor event:

Key Points: 

ON24 (NYSE: ONTF), a leading intelligent engagement platform for B2B sales and marketing, today announced participation in the following upcoming investor event:

ModCloth Selects Cart.com as Its Omnichannel Fulfillment Partner

Retrieved on: 
Wednesday, May 8, 2024

The brand will leverage Cart.com’s third-party logistics (3PL) solutions to streamline order fulfillment, optimize its supply chain and improve customer service out of Cart.com’s New Jersey facility.

Key Points: 
  • The brand will leverage Cart.com’s third-party logistics (3PL) solutions to streamline order fulfillment, optimize its supply chain and improve customer service out of Cart.com’s New Jersey facility.
  • “We are excited to work with ModCloth, a leading retailer dedicated to inspiring women and providing high-quality clothing,” said Cart.com Chief Logistics Officer Joe Barth.
  • "We are delighted to be partnering with Cart.com for our fulfillment solutions," said Gabe Zeitouni, Director of ModCloth.
  • Cart.com supports over 6,000 customers and 75 million orders per year and operates 14 omnichannel fulfillment centers nationwide.

ON24 Announces First Quarter 2024 Financial Results

Retrieved on: 
Tuesday, May 7, 2024

ON24 (NYSE: ONTF), an intelligent engagement platform for B2B sales and marketing, today announced financial results for the first quarter ended March 31, 2024.

Key Points: 
  • ON24 (NYSE: ONTF), an intelligent engagement platform for B2B sales and marketing, today announced financial results for the first quarter ended March 31, 2024.
  • “In Q1, we continued to execute against our strategic and financial targets, delivering solid topline results and achieving our profitability targets for the fourth quarter in a row,” said Sharat Sharan, co-founder and CEO of ON24.
  • Free cash flow was $1.1 million for the quarter, compared to $(4.3) million in the first quarter of 2023.
  • For the second quarter of 2024, ON24 expects:
    Core Platform Revenue, including services, to be in the range of $35.0 million to $36.0 million.

Hiya Ranks as High Performer in G2 Spring 2024 Grid Report for VoIP Providers

Retrieved on: 
Tuesday, May 7, 2024

Hiya , the leader in voice security and identity, announced today that the company’s branded caller ID solution, Hiya Connect, has ranked as a High Performer in G2’s Spring 2024 GridⓇ Report for VoIP Providers.

Key Points: 
  • Hiya , the leader in voice security and identity, announced today that the company’s branded caller ID solution, Hiya Connect, has ranked as a High Performer in G2’s Spring 2024 GridⓇ Report for VoIP Providers.
  • Additionally, Hiya received the highest ranking for Ease of Setup on the Mid-Market Grid for VoIP Providers and ranked third for Ease of Setup on the overall Grid for VoIP Providers.
  • See how easy it is to enhance your call identity with Hiya Connect by requesting a free demo, https://work.hiya.com/get-a-demo
    Hiya Connect’s ranking as a High Performer in G2’s Spring 2024 Grid Report is based on the responses from verified customers and real users for each of the VoIP Providers related questions featured in the G2 review form.
  • In addition, the support received from the entire Hiya team, especially our customer service manager is world class.

Super Group Reports Financial Results for First Quarter 2024

Retrieved on: 
Wednesday, May 8, 2024

Super Group (SGHC) Limited (NYSE: SGHC) (“SGHC” or “Super Group”), the parent company of Betway, a leading online sports betting and gaming business, and Spin, the multi-brand online casino, today announced first quarter 2024 unaudited consolidated financial results.

Key Points: 
  • Super Group (SGHC) Limited (NYSE: SGHC) (“SGHC” or “Super Group”), the parent company of Betway, a leading online sports betting and gaming business, and Spin, the multi-brand online casino, today announced first quarter 2024 unaudited consolidated financial results.
  • Neal Menashe, Chief Executive Officer of Super Group, commented: “We've had a phenomenal start to the year, continuing our momentum from a strong end to 2023.
  • Adjusted EBITDA, a non-GAAP measure, increased 29% to €46.5 million for the first quarter 2024 compared to €36.1 million in the first quarter of 2023.
  • Monthly Active Customers increased 33% to 4.7 million during the first quarter of 2024 from 3.5 million in the first quarter of 2023.

VTEX Reports First Quarter 2024 Financial Results

Retrieved on: 
Tuesday, May 7, 2024

VTEX (NYSE: VTEX), the composable and complete commerce platform for premier brands and retailers, today announced results for the first quarter of 2024 ended March 31, 2024.

Key Points: 
  • VTEX (NYSE: VTEX), the composable and complete commerce platform for premier brands and retailers, today announced results for the first quarter of 2024 ended March 31, 2024.
  • VTEX results have been prepared in accordance with International Financial Reporting Standards as issued by the International Accounting Standards Board (“IFRS Accounting Standards”) IAS 34 Interim Financial Reporting.
  • Non-GAAP subscription gross margin was 77.2% in the first quarter of 2024, compared to 73.9% in the same quarter of 2023.
  • Non-GAAP income from operations was US$3.0 million during the first quarter of 2024, compared to a Non-GAAP loss from operations of US$4.1 million in the same quarter of 2023.