AUSTIN: Mercom Capital Group, a global clean energy communications and consulting firm, released its report on funding and merger and acquisition (M&A) activity for the solar sector in the second quarter and the first half of 2020. Total corporate funding (including venture capital funding, public market, and debt financing) in 1H of 2020 came to…
Sezzle launches A$86.3 million capital raise to accelerate growth strategy
SYDNEY: Sezzle Inc. announced a capital raising of approximately A$86.3million (US$60.0million) to accelerate its growth strategy and strengthen its balance sheet. The Capital Raising includes a fully underwritten institutional placement to raise A$79.1 million (US$55 million), followed by a non-underwritten Security Purchase Plan (SPP) that aims to raise approximately A$7.2 million (US$5 million). Priorities for…
Charles River Wins Best Front-Office Platform in WatersTechnology Asia Awards 2020
MELBOURNE: Charles River Development, a State Street Company, has won Best Front-Office Platform in the WatersTechnology Asia Awards 2020. These awards aim to recognize achievement in the deployment and management of financial information and technology across Asia’s capital markets. Charles River IMS enables traders and portfolio managers to work more productively by delivering a multi-asset…
Construction commences on Austal’s largest ever ferry for Molslinjen
SYDNEY: Austal Limited announced that Austal Philippines has commenced construction of a newly designed 115 metre high-speed vehicle-passenger catamaran for Danish ferry operator Molslinjen, a repeat Austal customer. The new ‘Auto Express 115’, to be named Express 5, will be the largest ferry (by volume) ever built by Austal and is a further design evolution…
TPL Trakker partners with Telenor Pakistan for location based services
KARACHI: TPL Trakker, an IoT company, has partnered with Telenor Pakistan to offer location based services (LBS). TPL Trakker powers the technology via TPL Maps, the company’s mapping arm and Pakistan’s first digital mapping service licensed by the Survey of Pakistan. Using LBS, Telenor Pakistan will make use of the most detailed and localized location…
Voyager Digital adds five new digital assets to its platform
NEW YORK: Voyager Digital Canada Ltd., a public and licensed crypto-asset broker that provides investors with a turnkey solution to trade crypto assets, announced it has added five new digital assets to its Voyager platform, expanding its trade execution capabilities to 39 digital assets. These new tokens include Compound (COMP), Kyber Network (KNC), Maker (MKR),…
Jaguar Land Rover sales significantly impacted by Covid-19
WHITLEY: Jaguar Land Rover retail sales for the three-month period to 30 June 2020 were significantly impacted by Covid-19 in line with the unprecedented market conditions, but improved month-on-month through the quarter. June retail sales were 35,334 vehicles, down 24.9% year-on-year, but representing an improving monthly trend within the overall quarter, with total sales of…
Al Salam Bank Bahrain announces its virtual internship programme
MANAMA: In order to continue supporting the growth and development of Bahraini talent despite the ongoing COVID-19 pandemic, Al Salam Bank-Bahrain has announced that its 14th annual summer internship programme will be conducted virtually. This year, 11 young Bahraini graduates will be accepted onto the coveted programme, which provides comprehensive training and development aimed at…
Trustwave launches new global channel partner program
CHICAGO: Trustwave announced Trustwave PartnerOne, a new global partner program designed to deliver the industry’s most advanced cybersecurity products, services and practitioners in collaboration with strategic technology vendors and solution providers as demand for threat detection and response solutions surges worldwide. “Cybersecurity remains a top market for the channel in terms of opportunity and potential…
Spectra Systems signs contract for enhanced counterfeit banknote detection with a major central bank
LONDON: Spectra Systems Corporation announced that it has executed a new contract with a major world central bank to enhance existing authentication sensors to detect a unique type of counterfeit notes. The contract has two phases, the first is a development phase worth $521,000 and the second phase relates to the optional upgrade of up…
PointsBet first to sign with BetMakers for U.S. horse racing
SYDNEY, AUSTRALIA: The Board of BetMakers Technology Group Limited announced that the Company’s wholly owned subsidiary, BetMakers DNA Pty Ltd has signed an agreement with PointsBet New Jersey Inc., a subsidiary of PointsBet Holdings Ltd to begin Fixed Odds betting on horse racing in the New Jersey market. This deal follows the announcement on 10…
IAA Inc maintains Better Business Bureau A+ Rating
WESTCHESTER: IAA Inc., a leading global digital marketplace connecting vehicle buyers and sellers, has again received the highly coveted A+ rating from the Better Business Bureau (BBB). The BBB, a non-profit organization established in 1912, provides ratings that represent how a business is likely to interact with its customers. Assigned from A+ (highest) to F…