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Automotive Tech Entrepreneur Joe Neiman Launches DealerClub

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SARASOTA, Fla., Oct. 15, 2024 /PRNewswire/ — Today, Joe Neiman (former founder of ACV Auctions) announced the debut of his latest creation, DealerClub, the first and only reputation-based auto auction platform for buying and selling wholesale vehicles. An exclusive marketplace for professionals, DealerClub is built upon the concept that each member puts their reputation on the line and is accountable for the vehicles they sell based on a rating system. This results in a transparent process where members can trust that the vehicles they purchase at auction are accurately represented and backed by the seller’s reputation in the marketplace.

“The dealers behind the cars are the foundation of a great auction experience,” says Neiman. “DealerClub believes in those dealers. It’s about finding better inventory. Buyers and sellers alike are looking for a no-surprises experience. With the seller’s reputation on the line, buyers can be confident the vehicle they bid on is the vehicle they get. Meanwhile, trustworthy sellers who have earned high ratings enjoy more sales at higher rates, as well as the unique ability to actually be paid to sell on DealerClub’s platform, instead of paying a sell fee like they are accustomed to with other auction providers.”

Key Features and Benefits of DealerClub:

Reputation-Based
No other auction provides buyers and sellers with this level of transparency. At a glance, buyers can see how sellers rate across multiple categories including sell-through rate, vehicle inspection accuracy, and their consistency with providing titles. Sellers, meanwhile, benefit from increased bidder confidence in their vehicles as their rating increases, bringing in additional deals at higher values, creating additional selling success, and unlocking further economic incentives.

Better Inventory Experiences
Vehicles are described more honestly and accurately with the seller’s reputation on the line and backed by DealerClub’s proprietary rating system. The result is a more transparent process where buyers get what they are expecting, and sellers can accurately describe the condition of the vehicle, resulting in a “no surprises” transaction.

Real-Time Auctions
DealerClub offers unprecedented flexibility for both buyers and sellers. Sellers can list the car when they want, how they want, and describe the vehicles as they see fit. Buyers get a real-time auction sent straight to them, including pictures, video, personalized vehicle descriptions, seller history and ratings, customizable user profile pages, interactive chat, and seamless title, payment, floorplan, and transportation solutions—all wrapped up with the most transparent communication and vehicle descriptions in the automotive wholesale industry.

Maximum Bidder Engagement
All auction prices on DealerClub start at $0, maximizing bidding engagement. DealerClub’s bidding format attracts the highest number of unique bidders per auction, delivering the most engaging experience, and resulting in more successful outcomes. DealerClub’s robust platform is completely new from the ground up, with the industry’s most flexible and comprehensive search and filter capabilities, as well as notifications and alerts. Additionally, all versions of the experience share feature parity, so there are no limitations with regard to features or functionality whether using DealerClub on desktop or mobile devices.

“Perhaps the biggest obstacle today in the wholesale marketplace is the fragmentation of where to go to buy and sell your inventory,” says Founder Neiman. “Then there’s the challenge of counterintuitive condition reporting. Too much subjectivity is placed on the process and in the majority of cases, a vehicle’s description fits a script but isn’t reflective of its actual cash value. This is the core reason DealerClub was created.”

“Successfully selling in the wholesale ecosystem requires that buyers have confidence and no fear,” says founder Joe Neiman. “In order to achieve that, the seller’s reputation must be part of the equation. Used cars are not commodities. Their value is the collective result of the seller, their intent to sell, how they represent the vehicle, and the vehicle’s condition. You simply cannot achieve the true value of a used car unless you are able to tell the whole story of that car. Therefore, the essence of wholesale is truly an art, and not just data and science. DealerClub is the blank canvas that dealers have been waiting for.”

For more information on DealerClub and its wholesale vehicle rating platform or to sign up to be a member, please visit www.dealerclub.com.

About DealerClub:

Make auctions great again! DealerClub’s purpose is to become the best wholesale marketplace for professional dealers by creating a platform that incorporates all of the necessary components for a successful buying and selling experience. We know that the people themselves make or break the auction. At DealerClub, it is literally a club, and not everyone is getting inside the gate. Sellers are incentivized to accurately describe and list their vehicles, and build a positive reputation for themselves. Buyers can bid and buy with total confidence, because they know exactly the type of seller they are engaging with. Visit us at www.dealerclub.com.

Media Contact:
Laurie Halter
Charisma! Communications
503-816-2474

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New funding arrangements for Mainstream finalized

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FORNEBU, Norway, April 3, 2025 /PRNewswire/ — Aker Horizons ASA (“Aker Horizons”) has agreed on new funding arrangements for Mainstream Renewable Power (“Mainstream”) with DNB ASA (“DNB”) and co-shareholder Mitsui & Co., Ltd. (“Mitsui”).

The new funding will enable Mainstream to deliver on its updated and more focused strategy, concentrating on developing its pipeline of projects primarily in three core markets where it sees the greatest potential for value creation – South Africa, Australia, and the Philippines – and creating value through strong project execution, a lean cost base and capital efficiency.

In 2023, Mainstream secured a corporate facility of up to USD 220 million with DNB, supported by shareholders. Aker Horizons’ share of the sponsor commitment is 58.4% of the maximum facility size, equivalent to USD 129 million. This amount will be provided to Mainstream as a shareholder loan, disbursed in phases: USD 75 million will be provided in April 2025, while the remaining USD 53 million will initially be provided through an extended letter of credit facility expected to be converted to shareholder loans in 2025 and 2026.

Additionally, new funding for Mainstream has been agreed upon in the form of a shareholder loan facility of up to EUR 64 million provided pro-rata 70% by Aker Horizons and 30% by Mitsui, along with a letter of credit facility with DNB of up to EUR 64 million, also backed pro-rata by Aker Horizons and Mitsui. Both facilities may be drawn until maturity at year-end 2026, with drawdowns contingent on reaching agreed milestones under Mainstream’s updated strategy.

For further information, please contact:

Jonas Gamre, Investor Relations, tel: +47 97 11 82 92,
email: jonas.gamre@akerhorizons.com

Mats Ektvedt, Media, tel: +47 41 42 33 28,
email: mats.ektvedt@corporatecommunications.no 

About Aker Horizons

Aker Horizons develops green energy and green industry to accelerate the transition to Net Zero. The company is active in renewable energy, carbon capture and sustainable industrial assets. As part of the Aker group, Aker Horizons applies industrial, technological and capital markets expertise with a planet-positive purpose to drive decarbonization globally. Aker Horizons is listed on the Oslo Stock Exchange and headquartered in Fornebu, Norway. Across its portfolio, the company is present on five continents. www.akerhorizons.com 

About Mainstream Renewable Power

Mainstream Renewable Power is a leading pure-play renewable energy company with wind and solar assets across Europe, Latin America, Africa, and Asia-Pacific. Mainstream is one of the most successful developers of gigawatt-scale renewables platforms, across onshore wind, offshore wind, and solar power generation. The company has successfully delivered 6.6 GW of wind and solar generation assets to financial close-ready and has a global project portfolio of 22.7 GW.  www.mainstreamrp.com 

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

https://news.cision.com/aker-horizons/r/new-funding-arrangements-for-mainstream-finalized,c4130783

 

View original content:https://www.prnewswire.co.uk/news-releases/new-funding-arrangements-for-mainstream-finalized-302419851.html

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KuCoin Surpasses 40 Million Registered Users, Demonstrating Commitment to Compliance and Innovation

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VICTORIA, Seychelles, April 3, 2025 /CNW/ — KuCoin, a leading global cryptocurrency exchange, is proud to announce that it has surpassed 40 million registered users worldwide. This significant milestone underscores the trust and confidence the global community places in KuCoin and its commitment to providing secure, compliant, and innovative products and services.

Unwavering Commitment to Compliance

KuCoin’s growth is not just in numbers but also in its steadfast commitment to compliance and user protection. The exchange has made substantial progress on the regulatory front, including a pivotal settlement with the Department of Justice (DOJ). This agreement marked a new chapter for KuCoin, resolving past compliance challenges and setting a clear path for future operations. Additionally, KuCoin’s application for the Markets in Crypto-Assets Regulation (MiCAR) license in Austria is another testament to its dedication to adhering to global compliance standards, ensuring that it operates within the legal frameworks essential for servicing EU and EEA markets.

Trusted and Innovative Solutions Driving Growth

KuCoin has continually introduced innovative products that resonate with users worldwide. From advanced trading solutions to user-friendly platforms for new crypto enthusiasts, KuCoin has maintained a focus on enhancing user experience and expanding its service offerings, making it one of the most versatile platforms in the crypto space. KuCoin recently launched its brand new KCS Loyalty Level Program that is designed to enhance the utility of existing and new KCS holders by introducing a tiered loyalty system that rewards users based on their KCS stakings. Krazy Degen, which serves as an all-encompassing information hub focused on displaying and monitoring multi-chain trending tokens, is also a groundbreaking feature designed to transform how traders discover and invest in early-stage, high-potential tokens directly from the blockchain.

A Word from CEO of KuCoin

“Our journey to 40 million users is not just a number—it’s a testament to the trust we’ve built with our users across the globe,” said BC Wong, CEO of KuCoin. “We remain committed to delivering a secure and dynamic trading environment, with compliance as our backbone and innovation as our path forward. This milestone reflects our ongoing efforts to not only meet but exceed the expectations of our users.”

Looking Forward

As KuCoin continues to grow, the exchange remains dedicated to enhancing its services and compliance measures. With ongoing improvements in security protocols, user education, and community engagement, KuCoin is poised to keep providing exceptional value and service to its expanding user base.

About KuCoin

Founded in 2017, KuCoin is one of the pioneering and most globally recognized technology platforms supporting digital economies, built on a robust foundation of cutting-edge blockchain infrastructure, liquidity solutions, and an exceptional user experience. With a connected user base exceeding 40 million worldwide, KuCoin offers comprehensive digital asset solutions across wallets, trading, wealth management, payments, research, ventures, and AI-powered bots.

KuCoin has garnered accolades such as “Best Crypto Apps & Exchanges” by Forbes and has been recognized among the “Top 50 Global Unicorns” by Hurun in 2024. This recognition reflects its commitment to user-centric principles and core values, which include integrity, accountability, collaboration, and a relentless pursuit of excellence. Learn more: https://www.kucoin.com/.

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SOURCE KuCoin

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iScanner broadens the eco-program and supports small businesses to become more sustainable

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Small and medium businesses that try to be sustainable and reduce paper consumption can receive special certificates from iScanner to highlight their efforts.

MIAMI, April 3, 2025 /PRNewswire/ — For Earth Day 2025, the award-winning app for scanning and managing documents, iScanner, launches a new feature for encouraging small and medium business owners to implement sustainable paper use practices. Every business that actively uses electronic documents instead of paper can get special certificates from iScanner that prove their dedication to a paperless lifestyle.

Every document users export by iScanner contributes to saving trees. The app tracks exported pages and converts them into three parts until users save an entire young tree. There are eight certificates from Twig (100 scans) to Tree Hero (4,000 scans). The final achievement means users have saved a small tree—that’s approximately how many pages it takes. For one year of the eco program’s existence, iScanner users have saved almost 50K trees in total.

iScanner certificates are available in digital format for sharing on the company’s social networks, or for printing, which allows to hang them on the wall at the office to let every customer know about the corporate green impact.

The launch of the new feature with eco certificates became the next step of the iScanner eco-achievements program. The program was inspired by iScanner’s research, which revealed that Americans take the issue of paper overuse very seriously, but small businesses face challenges and barriers while trying to implement eco-friendly initiatives.

“As an app with a focus on digitalization of paperwork and reducing paper consumption, we hope that eco certificates will help small and medium businesses to grab customers’ attention and stand out among competitors,” said Marina Alekseichik, Product Manager & Sustainability Strategist of iScanner. “Businesses that care about the environment should be more visible because they make enormous efforts to provide good services or products and save natural resources at the same time.”

iScanner is a popular AI-powered scanning and document management app with over 125 million downloads and is available on iOS, Android, and the Web. The app allows users to convert scans into different formats, edit, sign, and turn any image into editable and searchable documents. Moreover, iScanner offers innovative AI-based features such as erasing fingers from scans, deblurring, polishing documents, and AI chat for PDF summaries, searches, and more.

The iScanner app was developed by BP Mobile (AIBY Group).

View original content to download multimedia:https://www.prnewswire.com/news-releases/iscanner-broadens-the-eco-program-and-supports-small-businesses-to-become-more-sustainable-302418237.html

SOURCE AIBY Group

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