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STRIDER and PayPal Collaborate to Expand Digital Payments Across Equestrian Sport

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6 months ago

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WASHINGTON, June 20, 2024 /PRNewswire/ — STRIDER, the premier equestrian booking platform in North America, today announced it has collaborated with PayPal to innovate payment processing for United States Pony Club (USPC) events, benefiting over 475 clubs across the country, through STRIDER’s popular “Give Back” initiative.

As the 2024 Summer Olympics approach in a few months, the U.S. equine industry is valued at approximately $177 billion, with equestrian activities and payments contributing an estimated $5 billion to the market1. Historically, the absence of a secure and convenient digital payment solution that shields small businesses and associations from digital processing fees has stunted industry growth. The innovative StriderPay payment processing system launched last year, a collaborative effort between STRIDER and PayPal integrated into the Strider Entry Platform, effectively addresses this challenge.

STRIDER’s “Give Back” initiative enables participating United States Pony Clubs to use StriderPay to process digital payments at a discounted rate across credit/debit cards, Venmo and PayPal, eliminating the need for clubs to accept time-consuming paper checks. Through StriderPay, participating clubs can also earn up to 2% back on entry fees. This transition to digital payments not only broadens access to Pony Club events in the broader community but also improves revenue generation for clubs, securing their ongoing success.

Brittanie Webster, Director of Customer Success Management at PayPal, stated,”At PayPal, we’re thrilled to work with Strider to bring innovative payment solutions to the equestrian community. We’re excited to see the positive impact this integration will have on the industry,”

Top equine professionals, to include multiple Olympic equestrians in dressage, show-jumping, and eventing, often credit competitive events organized by local Pony Clubs as being instrumental during their formative years, emphasizing the long-term market impact that such events have.

Natasha Sprengers-Levine, Chief Operating Officer at Strider, USDF Bronze & Silver Medalist, and a Pony Club graduate, said, ” As someone who has paid by paper check for Pony Club events, it has been a very rewarding journey collaborating with PayPal to smoothly transition Pony Clubs over to digital payments. As we see more attention to equestrian sport with the upcoming Paris 2024 Summer Olympics, it’s a win-win for all to expand access to the grassroot competitions.”

The Rio Grande Region-United States Pony Club, who recently converted to StriderPay, has 10 clubs and two riding centers, each hosting multiple competitive and educational events for riders. Amy Etheridge, Vice Regional Supervisor for Rio Grande Region Pony Club, noted, “It’s important for Pony Club to move online. [The Strider Entry Platform] makes it seamless.”

Building on STRIDER’s successful entry into the dressage, eventing, and show jumping markets, this development further cements STRIDER’s role as the industry leader in processing entries to competitive equestrian events. STRIDER is committed to elevating the equestrian community and fostering the growth and accessibility of Pony Club events for riders and enthusiasts nationwide.

About STRIDER
STRIDER is the leading market provider in equestrian sport for digital entries and payments, supporting over 1.2M equestrians annually with its suite of innovative software solutions. For information about STRIDER’s products and seamless revenue collection in collaboration with PayPal, please visit www.striderpro.com.

1https://horsecouncil.org/press-releases/results-from-the-2023-national-equine-economic-impact-study-released/.

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SOURCE STRIDER

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Stora Enso Oyj: Notification of Change in Holdings according to Chapter 9, Section 10 of the Finnish Securities Markets Act (25 December 2024)

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2 hours ago

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December 27, 2024

By

STORA ENSO OYJ STOCK EXCHANGE RELEASE 27 December 2024 at 09:00 EET

HELSINKI, Dec. 27, 2024 /PRNewswire/ — Stora Enso Oyj received a notification pursuant to chapter 9, section 5 of the Securities Market Act from BlackRock, Inc on 27 December 2024.

On 25 December 2024, BlackRock’s holding in Stora Enso’s shares decreased below the 5 percent threshold.

% of shares and voting rights (total of 7.A)

% of shares and voting rights through financial instruments (total of 7.B)

Total of both in % (7.A + 7.B)

Resulting situation on the date on which threshold was crossed or reached

4.76% shares

Below 5% voting rights

0.27% shares

Below 5% voting rights

5.04% shares

Below 5% voting rights

Position of previous notification (if applicable)

Below 5% shares

Below 5% voting rights

Below 5% shares

Below 5% voting rights

Below 5% shares

Below 5% voting rights

 

A: Shares and voting rights

Class/type of shares

ISIN code (if possible)

Number of shares and voting rights

% of shares and voting rights

Direct

(SMA 9:5)

Indirect

(SMA 9:6 and 9:7)

Direct

(SMA 9:5)

Indirect

(SMA 9:6 and 9:7)

FI0009005961

37,609,170  shares

Below 5% voting rights

4.76% shares Below 5% voting rights

SUBTOTAL A

37,609,170 shares

Below 5% voting rights

4.76% shares

Below 5% voting rights

B: Financial Instruments according to SMA 9:6a

Type of financial instrument

Expiration date

Exercise/Conversion Period

Physical or cash settlement

Number of shares and voting rights

% of shares and voting rights

American Depositary Receipt (US86210M1062)

N/A

N/A

Physical

596,930 shares

Below 5% voting rights

0.07% shares

Below 5% voting rights

Securites lent

N7A

N/A

Physical

1,036,720 shares

Below 5% voting rights

0.13% shares

Below 5% voting rights

CFD

N/A

N/A

Cash

563,510 shares

Below 5% voting rights

0.07% shares

Below 5% voting rights

SUBTOTAL B

2,197,160 shares

Below 5% voting rights

0.27% shares

Below 5% voting rights

 

Stora Enso has two series of shares. Each A share and every ten R shares carry one vote. Stora Enso has 175,664,079 A shares and 612,955,908 R shares in issue. The Company does not hold its own shares. The total number of Stora Enso shares is 788,619,987 and the total number votes at least 236,959,669.

Investor enquiries:
Anna-Lena Åström
SVP Investor Relations
tel. +46 70 210 7691 

Stora Enso

Part of the global bioeconomy, Stora Enso is a leading provider of renewable products in packaging, biomaterials and wooden construction, and one of the largest private forest owners in the world. We create value with our low-carbon and recyclable fiber-based products, through which we support our customers in meeting the demand for renewable sustainable products. Stora Enso has approximately 20,000 employees and our sales in 2023 were EUR 9.4 billion. Stora Enso shares are listed on Nasdaq Helsinki Oy (STEAV, STERV) and Nasdaq Stockholm AB (STE A, STE R). In addition, the shares are traded in OTC Markets (OTCQX) in the USA as ADRs and ordinary shares (SEOAY, SEOFF, SEOJF). storaenso.com/investors

STORA ENSO OYJ

Investor enquiries:
Anna-Lena Åström
SVP Investor Relations
tel. +46 70 210 7691 

This information was brought to you by Cision http://news.cision.com.

https://news.cision.com/stora-enso-oyj/r/stora-enso-oyj–notification-of-change-in-holdings-according-to-chapter-9–section-10-of-the-finnish,c4086606

The following files are available for download:

https://mb.cision.com/Main/13589/4086606/3189711.pdf

STORA ENSO Class R_2024-12-25_Issuer

 

View original content:https://www.prnewswire.com/news-releases/stora-enso-oyj-notification-of-change-in-holdings-according-to-chapter-9-section-10-of-the-finnish-securities-markets-act-25-december-2024-302339535.html

SOURCE Stora Enso Oyj

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Truecaller continues strong growth, surpasses 400 million Android users

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2 hours ago

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December 27, 2024

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STOCKHOLM, Dec. 27, 2024 /PRNewswire/ — Truecaller, the leading global platform for verifying contacts and blocking unwanted communication, reached another important milestone on 24th of December, when the number of monthly active users (MAU) on the operating system Android surpassed 400 million. Truecaller continues to grow rapidly in many geographic markets and the total user base has grown with more than 57 million users during 2024 and has now surpassed 433 million users in total.

“Truecaller’s strong commitment to help businesses and individuals communicate better through both calls and messages, continues to grow. Our geographical footprint is growing each day, and the development in our targeted growth markets is strong. We’re thrilled at achieving this milestone and we look forward to serving the next 400 million Android users,” says Rishit Jhunjuhnwala, Chief Product Officer and incoming CEO of Truecaller.

The growth in India continues to be strong with a growth of approximately 37 million users in but the relative growth in other parts of the world is stronger with a growth of 20 million users during 2024.

Truecaller will continue to report the average number of monthly and daily users on a quarterly basis in connection with interim reports.

For more information, please contact:
Andreas Frid, Head of IR & Communication
+46 705 29 08 00
andreas.frid@truecaller.com

About Truecaller:

Truecaller (TRUE B) is the leading global platform for verifying contacts and blocking unwanted communication. We enable safe and relevant conversations between people and make it efficient for businesses to connect with consumers. Fraud and unwanted communication are endemic to digital economies. especially in emerging markets. We are on a mission to build trust in communication. Truecaller is an essential part of everyday communication for more than 433 million active users. Truecaller is listed on Nasdaq Stockholm since 8 October 2021. For more information. please visit corporate.truecaller.com

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/truecaller-ab/r/truecaller-continues-strong-growth–surpasses-400-million-android-users,c4086573

The following files are available for download:

 

View original content:https://www.prnewswire.com/news-releases/truecaller-continues-strong-growth-surpasses-400-million-android-users-302339536.html

SOURCE Truecaller AB

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Xinhua Silk Road: Conference on deepening financial openness and co-op in Northeast Asia held in NE. China’s Shenyang

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2 hours ago

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December 27, 2024

By

BEIJING, Dec. 27, 2024 /PRNewswire/ — The 2nd Northeast Asia Finance Conference and 2024 “Revitalizing Liaoning with Finance” Excellent Cases Release kicked off on Tuesday in Shenyang, capital of northeast China’s Liaoning Province, aiming to further deepen financial openness and cooperation in the Northeast Asian region and advance construction of a regional financial center.

The main forum held a series of activities, including an opening ceremony, two round-table dialogues on “finance + biomedical industry” and “finance + cultural industry”, a symposium for foreign financial institutions, a seminar on innovative development of financial clusters, a forum on development of technology and finance, a forum on industrial low-carbon transformation and financial innovation, as well as an enterprise project roadshow and industry-finance matchmaking event.

During the conference themed on “accelerating the construction of a regional financial center in Northeast Asia and creating a new highland for opening up”, excellent cases of revitalizing Liaoning through finance in 2024 were unveiled and the index for core areas of regional financial centers in northeast China was released.

The conference also held an unveiling ceremony for the upgrading of the Shenyang finance and trade development zone to a national-level development zone, and a launch ceremony of a platform for Shenyang industrial insights and decision analysis.

The conference was co-hosted by China Economic Information Service, Liaoning Branch of Xinhua News Agency, Shenhe District People’s Government, Shenyang local financial administration under guidance of Shenyang Municipal People’s Government and Liaoning local financial supervision and administration bureau.

Original link: https://en.imsilkroad.com/p/343777.html

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/xinhua-silk-road-conference-on-deepening-financial-openness-and-co-op-in-northeast-asia-held-in-ne-chinas-shenyang-302339540.html

SOURCE Xinhua Silk Road

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