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Curve Strengthens US Leadership by Appointing Nancy Yaffa as USA CEO and Reeta K. Holmes as Board Member

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As part of its global growth strategy, Curve will bolster its US base for its operations, with experienced fintech specialists Nancy Yaffa and Reeta K. Holmes at the helm

LONDON, June 7, 2024 /PRNewswire/ — Curve, the ultimate digital wallet, which has emerged as the primary rival to Apple Wallet, has announced the appointment of Nancy Yaffa as its USA CEO and Reeta K. Holmes as its new Board Member. As a financial services veteran with extensive expertise in business development, payments innovation and global financial operations gained from senior positions at Bank of America and American Express as well as Curve, Nancy brings the calibre and credentials to lead Curve’s ambitious next phase of growth.

Reeta K. Holmes joins Curve as a Board Member, bringing over 25 years of senior investment experience to the team. As a Co-Founder of The Silverfern Group, a leader in global direct investment, Reeta has been a member of the firm’s Investment Committee for over a decade, contributing significantly to capital investment decisions. Her leadership extends to philanthropic activities, reflecting her commitment to social responsibility.

As the majority of Americans now use digital wallets more than traditional payment methods, Curve looks to transfer its expertise in consumer and SMB payments optimization to the US market. Digital wallets have become the default method of managing finances, and Curve is redefining the game by offering a digital wallet ‘on steroids’, enabling customers to eliminate hidden fees from linked cards, stack their cashback and rewards, and even Go-Back-in-Time® and change the card that was charged after the purchase happened.

On her appointment, Nancy said: “I’m delighted to take on the Curve USA CEO role and look forward to replicating in the US market, the financial leadership Curve has cultivated in Europe. I’m determined to share Curve’s benefits to US consumers and small businesses, which have significantly more fragmentation than European customers, and deliver the enormous value they will get from an elevated digital wallet experience. Curve helps people manage their money more intelligently and securely than ever before and having seen the direct impact we’ve had in the UK and Europe on peoples’ lives, I’m excited about the potential to support millions of Americans in the same way.”

“In joining Curve’s Board, I am eager to contribute to the company’s journey of innovation and growth in the US market, collaborating with colleagues to further advance Curve’s mission and deliver value to its customers and stakeholders,” said newly appointed Curve Board Member Reeta K. Holmes.

“We’re thrilled to welcome Nancy as Curve’s USA CEO,” added Shachar Bialick, Founder and CEO of Curve. Her exceptional experience in financial services and dedication to Curve will be invaluable as we expand operations in the USA. Nancy is key to delivering our ambitious goals and driving growth in the US. Additionally, we’re excited to have Reeta K. Holmes join our board. Her extensive investment experience and commitment to innovation will be instrumental as we navigate the dynamic US market and drive Curve’s success forward.”

Among the many benefits Curve customers can enjoy is the ability to change the card they made the payment with after the transaction took place, and the option to set up smart-rules to always route similar transactions to the same card, as well as automatically earning cashback at their favourite stores, and even ensure that hidden fees such as currency conversion fees are eliminated from linked cards. In addition, the associated Curve card can morph into whatever card you select in the Curve Wallet, giving more control over where and how your money is spent, and allowing you to pay with your Curve wallet even in places that don’t accept contactless payments.

About Curve

Curve is the ultimate mobile wallet. It is revolutionising the way people spend, send, see, and save their money by consolidating multiple cards into a single smart card and app. The company’s mission is to become the ultimate destination for all consumer financial needs, offering seamless access to a comprehensive suite of financial products and services through the Curve Wallet. Unlike other solutions, Curve empowers users to enhance their existing bank accounts without the need to switch banks. Curve is also available as a wearable device, from smart rings to bracelets and watch straps, providing convenient and stylish payment options. With a presence in 31 markets across the UK and European Economic Area (EEA), Curve is transforming personal finance for users worldwide.

Contact:

Joseph Moses
joseph@campaignpr.tech 

Photo – https://mma.prnewswire.com/media/2428219/Nancy_and_Reeta.jpg

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SOURCE Curve

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DomaCom Appoints Giuseppe Porcelli as Chairman and Secures $2 Million Private Placement

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January 10, 2025

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SYDNEY, Jan. 10, 2025 /PRNewswire/ — DomaCom Limited (ASX:DCL) is pleased to announce two significant developments that will strengthen its leadership and financial position as it advances its fund-first, technology-driven strategy.

Appointment of Giuseppe Porcelli as Non-Executive Chairman

DomaCom has appointed Giuseppe Porcelli as Non-Executive Chairman. Giuseppe is the Founder, Chairman, and CEO of Lakeba Group, a global technology leader renowned for AI-powered, scalable solutions. With extensive expertise in technology-driven investment strategies, his leadership will be instrumental in accelerating DomaCom’s growth, innovation, and investor value creation.

“Giuseppe’s appointment strengthens our leadership team at a pivotal time for DomaCom,” said Darren Younger, CEO of DomaCom. “His experience in driving technological innovation and scaling businesses will support our strategy to enhance investor value and expand our market presence.”

Successful Completion of $2 Million Private Placement

DomaCom has successfully secured a $2 million investment through a private placement from sophisticated investor Martin Groen. The placement involved issuing 142,857,143 fully paid ordinary shares at $0.014 per share, reflecting investor confidence in DomaCom’s strategy and growth potential.

“This investment demonstrates strong confidence in our vision to transform DomaCom into a leading fund-first, technology-driven business,” said Giuseppe Porcelli, Chairman of DomaCom. “The additional option to secure further funding underscores the long-term alignment between DomaCom and our investors. This capital will allow us to accelerate key initiatives, deliver value to our stakeholders, and position the business for sustained growth.”

These developments mark an important step forward in DomaCom’s transformation, reinforcing its commitment to technological innovation, financial growth, and enhanced investor value.

Contact person: Darren Younger, DomaCom CEO
Darren.younger@domacom.com.au 

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SOURCE DomaCom Limited

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GlocalMe Unveils New Brand Identity and Cutting-Edge Innovations at CES 2025

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January 10, 2025

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LAS VEGAS, Jan. 10, 2025 /PRNewswire/ — GlocalMe, a global leader in mobile data connectivity under uCloudlink (NASDAQ: UCL), is proud to announce its participation in CES 2025, the world’s largest technology trade show. This year marks a significant milestone for GlocalMe as it unveils its newly refreshed brand identity and showcases an impressive lineup of innovative products that are set to redefine global connectivity.

With the theme “The Ideal Network of Life,” GlocalMe’s rebranding reflects its dedication to providing seamless, secure, and reliable internet connectivity that feels local, no matter where users are. Powered by its patented Cloud SIM and HyperConn™ technology, the brand emphasizes “Global Connectivity, Local Mindedness,” delivering a borderless yet personalized connection experience for modern digital lifestyles.

“Our new brand identity represents a transformative step in our journey to empower users with effortless and reliable global connectivity,” said Chaohui Chen, CEO of uCloudlink. “At CES 2025, we are thrilled to showcase how our innovative solutions bring the world closer together, delivering technology that feels personal and local, even in a globalized world.”

Spotlight on the GlocalMe Life Series

A major highlight of GlocalMe’s CES 2025 showcase is the GlocalMe Life Series, a collection of advanced products designed to provide secure and convenient connectivity for daily and travel use. With a focus on user convenience and peace of mind, the Life Series empowers users to stay connected effortlessly.

At CES 2025, GlocalMe will pre-launch three new additions to the Life Series:

GPet: The second generation of GlocalMe’s smart global pet tracker, featuring unique 6-tech positioning technologies to ensure the safety and location tracking of pets worldwide. New features, including ‘AI Wellness’ and ‘Pet Interaction,’ will enhance pet health monitoring and strengthen the bond between pets and their owners.UniCord S and UniCord P: Upgraded versions of the UniCord, designed specifically for drivers and remote workers. These devices offer advanced tracking features and provide secure and seamless connectivity during commutes or road trips. The UniCord P boasts upgraded mobile internet specifications, delivering a network experience comparable to a Wi-Fi hotspot.

These new products join the existing Life Series, which includes:

UniCord: The world’s first 3-in-1 multi-functional USB cable, which has been honored with the “CES Breakthrough Award 2025” by Android Authority for its innovative design and functionality.RoamPlug: The world’s only travel adapter with a built-in 4G mobile hotspot.KeyTracker: A global intelligent tracker featuring 6-tech positioning to secure and locate personal belongings with precision.

Introducing HyperConn™ Technology: Seamless Connectivity Redefined

GlocalMe will also debut its revolutionary HyperConn™ mobile Wi-Fi hotspot technology at CES 2025, redefining how users stay connected on the move. Leading this innovation is the MeowGo G40 Pro, a HyperConn™-enabled 4G multi-network mobile Wi-Fi hotspot. Designed for road trip families and remote workers, this device leverages AI-powered network switching to provide uninterrupted internet access by seamlessly connecting to multiple 4G carriers and Wi-Fi providers. This ensures reliable connectivity anywhere in the world, no matter where life takes users.

Experience GlocalMe at CES 2025

From January 7 to 10, 2025, GlocalMe will showcase its new brand identity and innovative product lineup at booth LVCC North Hall #8211. Attendees are invited to experience firsthand how GlocalMe is redefining global connectivity through its cutting-edge products and advanced technologies.

All pre-launched products from CES will be officially available by the end of the first quarter of 2025.

About GlocalMe

GlocalMe is a digital lifestyle brand under Nasdaq-listed technology company uCloudlink (NASDAQ: UCL). With its mission to enable people to ‘Connect and Share without Limitations’, uCloudlink is a leading mobile technology solutions provider that provides a marketplace for mobile data traffic sharing to billions of users in over 200 countries and regions. By using uCloudlink’s patented Cloud SIM technology, mobile users are no longer confined to the service of a single network operator but are opened to a world of connectivity whenever and wherever they are.

For more information, visit www.glocalme.com.

Photo – https://mma.prnewswire.com/media/2595181/GlocalMe.jpg 

View original content:https://www.prnewswire.co.uk/news-releases/glocalme-unveils-new-brand-identity-and-cutting-edge-innovations-at-ces-2025-302347677.html

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Reap Receives In-Principle Approval for Major Payment Institution License from Monetary Authority of Singapore

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2 hours ago

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January 10, 2025

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SINGAPORE, Jan. 9, 2025 /PRNewswire/ — Reap, a leading payment technology provider, is thrilled to announce today that it has received an In-Principle Approval (IPA) from the Monetary Authority of Singapore (MAS) for its application of the Major Payment Institution (MPI) License for its Singapore entity, Reap Singapore.

Obtaining the IPA marks a significant milestone for Reap. Reap is committed to regulatory excellence while continuously enhancing its capabilities and presence in Singapore and the broader Asia Pacific region. While the IPA marks a critical step forward, Reap Singapore remains steadfast in meeting the required conditions for the MPI License. Reap is equally committed to dedicating the necessary resources to support and assist Reap Singapore in achieving this goal. Together, Reap and Reap Singapore will continue to refine its compliance standards and beyond, ensuring it delivers enhanced value and trusted solutions to Singapore and the broader APAC customers.

“At Reap, compliance has always been paramount, not only to safeguard our users but also as a fundamental pillar for growth. Receiving this IPA from the MAS, a globally renowned financial regulator, is incredibly motivating and will be a key driver of secure growth in the region. It fuels our enthusiasm to continue collaborating closely with regulatory bodies to shape a secure and efficient money movement across the region. Reap is also committed to building a strong payment service.” stated Kevin Kang, Co-Founder of Reap.

Singapore is integral to Reap’s mission of enhancing global money movement. Its high regulatory standards and commitment to foster sustainable innovation align seamlessly with Reap’s vision for the future of payment services. This alignment empowers Reap to drive secure and efficient financial flows while delivering exceptional value to its clients and partners.

About Reap

Reap group is a leading global payment technology provider that enables financial connectivity and access for businesses worldwide. By bridging disparate economies, merging technological divides, and connecting key financial players, we are transforming the financial landscape into a more interconnected and interoperable space for efficient money movement.

With corporate cards, payout solutions, and expense management tools, we streamline financial operations and empower businesses to scale. Our APIs enable businesses to embed finance into their own products and services, from issuing Visa cards to facilitating cross-border payments.

Founded in 2018 in Hong Kong, Reap has since expanded to a team of over 100 across the globe, including Singapore. Reap is supported by a strong network of investors, including Acorn Pacific Ventures, Arcadia Funds, HashKey Capital, Hustle Fund, Fresco Capital, Abacus Ventures, and Payment Asia.

For media enquiries, please contact:

Christine Cheuk
Marketing & PR Manager, Reap
christine@reap.global

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SOURCE Reap

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