News & Announcements

Nvoicepay and Napier Park Financial Partners Close Growth Equity Investment

10.19.2016 in #Press

SOURCE: Nvoicepay BEAVERTON, OR and SAN FRANCISCO, CA. –Tuesday, October 19, 2016 --(Marketwired - Oct 19, 2016) - Nvoicepay, the leader in payment automation software for the enterprise, and Napier Park Financial Partners, Napier Park Global Capital's private equity group, jointly announced a $10 million growth equity investment in Nvoicepay. "Nvoicepay's solution enables every supplier regardless of size, geographic location or technology to be securely paid electronically," said Karla Friede, CEO and Co-Founder of Nvoicepay. "Using Nvoicepay, all suppliers can be paid through the same automated process, dramatically reducing costs and increasing efficiency. Napier Park Financial Partners and its Principals have backed numerous companies at the intersection of finance and technology and we believe this growth financing further validates our success to date and positions us well to continue driving innovation in accounts payable automation." The company also announced that Steve Piaker, Managing Director and Co-Head of Napier Park Financial Partners, will be joining ...

Wonder Technologies Appoints FINTECH Industry Veteran

10.7.2016 in #Press

      FOR IMMEDIATE RELEASE Contact: Tara Klein Wonder Technologies (650) 270-9454 tara@gowonder.com WONDER TECHNOLOGIES APPOINTS FINTECH INDUSTRY VETERAN KEITH SMITH TO PRESIDENT TO ACCELERATE GROWTH IN FAST-PACED DIGITAL INCENTIVES MARKET Company Also Announces New Senior Vice President of Sales and New Market Development to Capitalize on Rapidly Growing Market Opportunity BURLINGAME, Calif. –Tuesday, Aug. 2, 2016 -- Wonder Technologies, a digital gifting and incentives platform company, today announced that 20-year mobile and payments industry veteran Keith Smith has joined the company as president to lead its go-to-market strategy and business growth. Smith also is now a member of Wonder’s Board of Directors. The company also announced that Cullen Talley has joined as senior vice president of sales and new market development to spearhead its customer acquisition and sales acceleration strategy. “Wonder is at the intersection of incentive marketing and payments,” said Gerry Goldstein, co-founder and CEO, Wonder Technologies. ...

Using Gifting To Ignite Card-Linked Offers

10.7.2016 in #News

September, 2016 12:00 ET | Source:  Pymnts.comA Card-linked offers have struggled to get traction for lots of reasons. But Keith Smith, president of Wonder Technologies and card-linked offer veteran, says he knows why. In this week’s installment of The Matchmaker Is In series, hosts Karen Webster and economist and “Matchmakers” author David Evans talk to Smith about his belief that gifting is the ignition that merchants and consumers need to give them a new lease on life. It’s been a rough road for card-linked offers. In theory, the fostering of a connection between merchants and customers by integrating offers directly into the network-branded account they’re using at the merchant sounds ideal. But as Karen Webster pointed out last year, these offers and promotions ecosystems have been around for years and raised a ton of capital but have failed to turn the heads of a critical mass of merchants or consumers to get traction. In the ...

PeerNova Engages With State Street To Prototype Tracking Of Capital Lineage With Blockchain Technology

09.19.2016 in #Press

September 19, 2016 12:00 ET | Source:  PeerNova SAN JOSE, CALIFORNIA and BOSTON, MASSACHUSETTS— PeerNova, Inc. today announced that it is developing a program using its platform, Cuneiform, designed to enhance asset and transaction-based tracking for investments with State Street (NYSE: STT). Cuneiform is a Big Data platform that is designed to support the speed and scale required by large financial institutions to report on performance while incorporating key characteristics of blockchain technology: immutability, verifiability, and security. Using Cuneiform, the trial program will be designed to track the flow of funds with greater certainty, thereby providing State Street more transparent, timely and auditable reporting methods for clients. Custody banks, like State Street, manage trillions of dollars of invested capital on behalf of their clients, including asset managers, asset owners, insurers, official institutions, hedge funds and private equity funds and other alternatives. “Tracking the flow of investment capital is critical for fund managers in calculating ...

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