Lovarra, rebranded as GoLogiq, Inc., a global provider of mobile fintech solutions for digital transformation and consumer data analytics in Southeast Asia, today announced that the Financial Industry Regulatory Authority (“FINRA”) has approved its application to change its name to “GoLogiq, Inc.” and its ticker symbol to “GOLQ” on the OTC PINK tier of the OTC Markets marketplace, effective Friday, June 10, 2022. No action is required of shareholders, as these adjustments will automatically be made by broker-dealers and the Company’s transfer agent.

Earlier this year, Logiq, Inc. (“Logiq”), the majority shareholder of the Company, completed the transfer of its AppLogiq assets to the Company. The transaction completed the separation of Logiq’s DataLogiq and AppLogiq businesses into two publicly traded companies.

“We are pleased to announce this milestone as we continue to move forward on executing our strategy to expand our business in Southeast Asia. We believe that our new name and ticker symbol more accurately represent our focus on various growth strategies that we are pursuing, which we expect to capture market share with our next-generation technology offerings and data and consumer analytics,” said Matthew Brent, the Company’s Chief Executive Officer. “We also intend to continue to take aggressive steps to strengthen our company through strategic transactions as well as organically.”

ComplyAdvantage, a global data technology company transforming financial crime detection, today announced that Mark Watson has been named as the company's Chief Technology Officer and the newest addition to the leadership team.   In his role, Mark will lead all engineering and technical innovation efforts including the expansion of the company's proprietary knowledge graph called ComplyData™ which contextualises insights across the company's award-winning Transaction Risk Management and KYB solution sets.

Juni, the financial companion for e-commerce, today announces the close of its $206 million in Series B and venture debt funding within two years of its inception. The $100 million Series B funding is led by Mubadala Capital, whose global fintech footprint includes investments in SpotOn, Brex, C2FO, WeFox, Cardless, and others. All of Juni’s existing investors – EQT Ventures, Felix Capital, Cherry Ventures and Partners of DST Global – are also participating in the round.

Co-founded by CEO Samir El-Sabini and CTO Anders Orsedal in 2020, Juni is a financial management platform tailor-made for e-commerce that ties together physical and virtual cards, credit cards, accounting, analytics and digital advertising platforms, giving businesses a holistic view of their finances. In less than a year since its launch, Juni was recognised as the fastest-growing fintech start-up in Europe in 2021.

In addition to the Series B funding, Juni has secured up to $106 million in venture debt financing from Silicon Valley-based TriplePoint Capital, the global leader in venture lending, which has partnered with other innovative fintech companies such as Square, Revolut, N26, and Monzo. This funding will be used to fuel e-commerce business growth through Juni’s credit card. With e-commerce sales set to reach trillions by 2025 and digital advertising spending forecasted to grow exponentially, Juni’s credit card is made for media buying and the company is focused on removing the limitations set by traditional lenders.

Mastercard is working with a host of non-fungible token marketplaces to make it easy for people to buy NFTs with their cards.

PXP Financial (‘PXP’), the expert in payment services, data analysis and fraud, today announces that it is partnering with Discover® Global Network, the payment brand of Discover and the world’s fastest-growing global payment card network. 
 
The partnership will allow merchants who use PXP’s point of sale or eCommerce solution to accept payments from the 280 million Discover Global Network cardholders around the world, who collectively represent $500 billion in spending opportunity. This will ultimately support merchants to attract a global audience and provide customers with an enhanced checkout experience. Discover Global Network’s portfolio of cards includes Diners Club International is issued in over 55 territories, Discover is issued in the US and over 25 network alliance partnerships, including in Brazil, South Korea, UAE, Turkey, India and the Middle East, among others. Discover* has been ranked highest in brand loyalty in the Credit Card category for 25 years in a row⁴ and the majority of cardholders made a purchase decision based on whether a merchant accepted their card. 
 
Thanks to the new partnership, merchants using PXP’s platform will be able to accept a greater range of cards, increasing their own acceptance rate and thereby delivering on PXP’s promise of frictionless payments. With eCommerce
 around the world skyrocketing, it is more important than ever for merchants to be able to offer a range of payment options tailored to the preferences of their customers. 

Kamran Hedjri CEO at PXP commented: “We are extremely happy to be extending our eCommerce and POS acquiring capability through this partnership with Discover Global Network. This allows us to support our customers wherever they want to sell and help them reach new, international audiences, improving customer journey and conversions. They are a great partner to work with and we are excited”  

“Discover Global Network Cardholders prefer to transact using their card of choice,” said Chris Winter, Vice President of EMEA Partnerships at Discover. “PXP enables us to further drive growth throughout the digital and face-to-face payments ecosystem and provides our cardholders with the opportunity to purchase from more merchants across the globe in a seamless manner.”

Spanish neobank Plazo has closed a strategic partnership with Mambu, the world’s leading cloud banking technology platform. 

This alliance allows Plazo to accelerate the development of cutting-edge lending solutions, with access to over 30,000 new product combinations and fuel its expansion to further consolidate as the go-to financial wellness app covering people’s daily purchase, saving and lending needs.

Customers will be able to access the new lending products through Plazo Credit S.L.U., a collaborating company created to provide credit once the integration with Mambu is completed. Mambu’s composable approach offers the Spanish neobank seamless integration with best-of-breed solutions through instant access to a digital ecosystem of interconnected services. The partnership opens up a broad range of new product development configurations that will significantly improve Plazo’s capacity to expand its offering. 

Alessandro Ceschel, CEO of Plazo, said: “The partnership with Mambu will be key to complete the current offering of Plazo thus further consolidating it as the integral financial wellness app that will allow customers to gain full control over their personal finances. Leveraging Mambu’s disruptive technology and ecosystem, we will now be able to speed up the development of flexible lending solutions, thus offering customers a full-range service combination of transactional, saving and credit solutions”. 

Victor Indiano, Area Manager, Southern Europe at Mambu, said: “Plazo understands that today’s banking is about being truly customer-centric. They are the only neobank in Spain combining daily banking with innovative credit solutions adapted to their customers’ needs. To succeed in the fast-paced financial world of today, Plazo adopted Mambu to boost its high-velocity operating model and we are very proud to be part of their success story.” 

After its successful launch in 2021, Plazo aims to further consolidate as one of the leading financial wellness apps in Spain. So far, Plazo has issued over 100,000 Mastercard debit cards. Thanks to the agreement with Mambu, Plazo’s offering will soon include new credit-led products such as BNPL, fractional payments or salary advances.

Persona today launched the only end-to-end solution that enables businesses to configure and automate KYB and KYC verification processes to help meet compliance requirements—all from a single platform. Now, companies can simplify the orchestration of KYB and KYC workflows for their customers to provide a secure and streamlined identity verification experience. 

“KYB and KYC frameworks safeguard organizations by requiring them to verify that the businesses and customers they choose to partner with are legitimate. Yet traditional vetting processes are heavily manual, complex, and error-prone, making it challenging for compliance and operations teams to carry out efficient checks,” said Rick Song, CEO, Persona. “Another major challenge is wrangling the data required to run a thorough KYB and KYC verification from different sources and platforms. With our new solution, businesses can automate and customize this entire process end-to-end to provide an easy and frictionless experience for both their end-users and team.”

Features and benefits of Persona’s KYB solution include: 
 • End-to-end
 • KYB and KYC Logic: Customize how you collect and verify information about both businesses and individuals. Automatically reach out to the business’s Ultimate Beneficial Owners (UBOs) with KYC flows. Automate decisions based on compliance and risk criteria and/or flag edge cases for manual review.
 • Robust
 • Set of KYB and KYC Checks: Conduct business lookups, watchlist and adverse media screenings, and more. Verify supplemental business documentation such as business registrations or certificates of incorporation with fraud detection checks, and verify individuals via government IDs, selfies, and database verifications. 
 • Dynamic
 • Information Collection: Create themed flows with customizable screens and collection logic, and personalize user flows based on live signals. Collect any mix of self-reported information and documents from businesses and individuals—from articles of incorporation documents to beneficial owner contact information. 
 • Consolidated
 • Investigation View: Consolidate all business and beneficial owner information, including business registrations and addresses from all identified jurisdictions, in one unified case view for KYB auditing and investigation.
 •  Cross-reference beneficial owners across their KYC verifications and business documents.
 • Follow Through with Your Customers: Automate actions such as sending reminder communications to users, closing out Zendesk tickets, and updating your CRM with third-party integrations.
Already a number of high-growth companies, Branch and Dapper Labs, are using Persona’s KYB solution to automate their KYB and KYC verification processes.
 

“We want to automate the decision-making process as much as possible during KYB and KYC. Persona lets us do that and saves us time, but also ensures that we can be flexible with changing our workflows and rules when we discover new fraud rings,” said Amanda Hodgetts-Martin, Director of Risk Management at Branch.

Scroll Finance (Scroll), a next-generation fintech providing smart financing solutions to homeowners, has today announced that Modulr, the embedded payments platform, will power its underlying payments infrastructure.  
 
The partnership will enable Scroll to accelerate its mission to disrupt the homeowner financing sector in the UK. Scroll aims to bring the flexibility, speed and convenience of unsecured lending to homeowner financing. Through its home equity loan and home equity line of credit (HELOC) products, Scroll enables UK homeowners to unlock equity in their homes to fund home improvement, green upgrades, debt consolidation and investment property purchases. Its unique solution delivers a real-time decision and funding within a few days compared to the several weeks process for traditional lenders. 
 
Scroll has built a proprietary lending platform which orchestrates best-in-class technological solutions with deep and data-rich third-party integrations. Scroll’s cloud-native architecture ensures an intuitive and responsive journey for its customers and brokers. Scroll’s innovative platform automates underwriting, legal and payment processes, ensuring the customer can make the critical decisions to go ahead with a home improvement or a property purchase knowing financing is secured. 
 
Modulr, which provides the payments infrastructure to iwoca, Revolut and Sage, has a thorough understanding of embedded payment requirements for digital businesses. The embedded payments platform has long targeted the hidden inefficiencies within the UK’s payments infrastructure and has been offering businesses like Scroll a digital alternative to costly and ill-equipped payment services from a bank since its inception in 2016. Specifically, Modulr provides Scroll with GBP account infrastructure and Direct Debit functionality to collect repayments from customers. 
 
Both companies are products of the fintech revolution and their partnership is a good example of how UK businesses can deliver greater value to consumers by partnering with financial technology companies like Modulr to boost efficiency.  

Ashish Kashyap CEO and Co-Founder of Scroll, comments, “Modulr is a key component in our efforts to build a fast, flexible and convenient financing platform for homeowners. Given the circularity of payment flows over the life of a loan, it makes perfect sense to have one provider covering money in and money out both here and overseas.” 

Myles Stephenson, CEO and founder of Modulr, comments, “Modulr exists to enable innovation and growth by making money flow more efficiently through businesses and the economy. So, no matter the industry, we're striving to support both consumers and businesses navigate today’s economic crises in the way we know-how. By partnering with Scroll, we’re able to drive infrastructural efficiency in the homeownership financing market, giving Scroll and their customers full control over the speed, convenience, and flexibility of unsecured lending to homeowner financing.”

SentinelOne, an autonomous cybersecurity platform company, has unveiled SentinelOne Skylight. Skylight unifies security and enterprise data in a singular view for understanding and autonomous action. Skylight provides full data visibility, ingestion, and storage capabilities, integrating SentinelOne and third-party data within SentinelOne Storylines. With data and context in one place - beyond the endpoint - security teams are empowered to make better decisions, automate workflows, and derive more value from existing technology and security tools. An evolution of the Singularity XDR platform, Skylight delivers on SentinelOne’s commitment to a holistic approach to cybersecurity, arming security teams with the power of machine-speed technology.

Building upon DataSet’s ability to ingest, correlate, search, and action data from any source, SentinelOne Skylight enables security teams to observe and hunt across all security events for increased efficiency. Unlike traditional SIEMs, which require manual scripting and continuous schema adjustments, Skylight makes data classification and ingestion simple. Singularity XDR seamlessly ingests data from any source, including third-party endpoints, clouds, containers, IoT devices, and more. Analysts no longer need to understand how data is structured or queried to action and respond in real-time.

“As a long-standing SentinelOne customer, we're thrilled with the evolution that Skylight brings to the Singularity XDR platform – specifically for SecOps teams to increase visibility and observability,” said Gopal Padinjaruveetil, Vice President, Chief Information Security Officer, AAA - The Auto Club Group. “Skylight drives proactive hunting and reduces dwell time across our entire attack surface. SentinelOne's innovation continuously elevates our experience – our queries are faster, more flexible, and more powerful without adding any overhead. The opportunity to leverage SentinelOne’s data expertise with any type of security data moving forward is incredibly exciting.”

“Skylight ushers organisations into the era of XDR,” said Yonni Shelmerdine, Vice President of XDR Products, SentinelOne. “Alleviating the burdens of legacy SIEM products, Skylight delivers security teams newfound context and correlation across third-party data to autonomously prevent, detect, and respond to cyberattacks.”

Skylight leverages SentinelOne’s Storyline and STAR technology to deliver contextualised data that empowers analysts to swiftly triage, investigate, and respond to suspicious and malicious activity. Storylines are continuously updated in real-time as new telemetry data is ingested, providing a complete picture of activity across the entire enterprise. Analysts can understand the full story of what happened and respond to and remediate security issues with a single, unified workflow – saving valuable time.

Committed to helping startups across the UK scale, Jeeves, the financial platform for global startups, today announces the launch of Jeeves Growth in the UK at this year's Money2020 in Amsterdam. By combining lightning-fast underwriting capabilities, bespoke loan offers, and flexible repayment schedules, Jeeves Growth offers SMEs and startups a modern and alternative approach to revenue-based financing, with capital able to be directly transferred in many different local currencies - ideal for those looking to finance their international and local operations.
 

The launch of Jeeves Growth in the UK will be seen as a welcome relief for many businesses exploring funding options for their next stage of growth. According to a  May SBI study, the number of successful finance applications dramatically fell over the first quarter of this year, with only 43% of loans being approved in this timeframe.
 

This, coupled with soaring inflation, increasing supply chain costs, and continuous challenges brought about by geopolitical and economic uncertainty - has highlighted how the cost of running a business is rising, meaning access to capital is paramount to survive and thrive in such economically turbulent times. Recent funding halts, layoffs, and general uncertainty in the startup landscape are also pushing high-growth startups to look for alternative financing, a space in which Jeeves can be their champion.
 

Equipped with fast underwriting capabilities, Jeeves Growth provides startups with capital in less than 24 hours after applying for a loan. Unlike other debt-based lenders, Jeeves enables companies to get immediate access to finance - beginning at $50,000, with no warrants, covenants or personal guarantee required during the application process. Jeeves’ combination of fast, scalable, and flexible financing has been incredibly successful in LATAM with hundreds of loans given in a few short months. Now, the company is hoping to see the same success for UK companies.
Jeeves Growth is an additional offering to the fintech’s all-in-one management platform which helps global startups have control and visibility of financial operations such as expenses, and payments, including cross-border as well as offering corporate cards (both physical and virtual). It achieved unicron status in its latest funding round - valuing the company at over $2.1bn in less than 12 months since raising its Series A from Andreessen Horowitz.
 

“It’s clear that traditional methods of finance are no longer fit to meet the needs of modern startups. Many of the UK’s most innovative and exciting start-ups have experienced the same struggle of accessing finance in order to grow their business”, comments Matthieu Hafemeister, Head of Growth at Jeeves. “We know that if these businesses are to thrive, they need fast and flexible alternative financing, and they should not be limited to the options offered by traditional players in this space. What’s more, as the current financing environment for start-ups has cooled dramatically since 2021, by expanding the geographical footprint of Jeeves Growth, we hope to give UK startups the most seamless way to extend their runway and continue scaling.”
 

Jeeves Growth already has a track record of providing entrepreneurs with the capital they need to power their businesses. Across the world, startups such as Moons and Worky are just two of the over 500 enterprises that have benefitted from Jeeves Growth, with our current customers on average taking multiple loans with Jeeves as they scale up. With a foundation of global success, Jeeves is ready to take on the UK and the rich ecosystem of startups it contains.

Commenting on the success Jeeves Growth has had in their market, Maya Dadoo, CEO at Worky, the Mexico-based HR software platform that uses Jeeves Growth said: “Getting access to debt financing is one of the most time-consuming processes to go through. We wanted to leverage our recurrent revenue model and use the advance cash to increase our marketing spend. Jeeves wired me money for my contracts in days, no fine print, and I was able to keep scaling the business without distractions. Oh, and I gave up no dilution!”