News & Announcements

Peernova Quietly Collects $4 Million for Big Data Blockchain Play

11.20.2016 in #News

November 16, 2016 15:00 ET | Source:  Coindesk While some startups bask in blockchain hype, others are making a name by bucking the trend with an under-the-radar approach. One startup that falls into the latter category is San Jose-based Peernova, a one-time bitcoin mining firm that now uses blockchains to solve enterprise big data problems. Long out of the spotlight, this could soon change as Peernova has raised $4m as part of an ongoing Series B, one that could prime it to become a bigger market player in 2017. The funding, from Zhejiang Zhongnan Holdings Group, adds to the $13.6m it raised amid a shift to enterprise blockchain services in late 2014 and early 2015, and gives the China-based construction firm a 5% stake in its business. But even with the new funding, CEO Naveed Sherwani and CTO Gangesh Ganesan said that Peernova won't opt to be more public about its work, choosing instead to eschew the idea that its use of blockchain even ...

Mammoth Mountain Cracks The Code On Digital Incentives With Wonder Technologies

11.3.2016 in #Press

  FOR IMMEDIATE RELEASE Contact: Tara Klein Wonder Technologies (650) 270-9454 tara@gowonder.com MAMMOTH MOUNTAIN CRACKS THE CODE ON DIGITAL INCENTIVES WITH WONDER TECHNOLOGIES Top Resort Experiences Unprecedented Results from Wonder's Unique Card-Linked, Digital Gifting Solution BURLINGAME, Calif. –Wednesday, Nov. 2, 2016 -- Wonder Technologies, a digital gifting and incentives platform company, today announced that Mammoth Mountain, the leading California four-season mountain resort, is using its innovative solution to create, track and measure digital incentives and rewards. By using Wonder, the resort has experienced impressive engagement and redemption results, delivered a valuable customer experience and obtained new data and insights about visitors and their spending behaviors--all without staff training, operational impact or integration at the point of sale (POS). With around 1.3 million skier visits coming to Mammoth Mountain each year, the resort needed an easy and cost-effective way to incentivize bookings and annual pass purchases while directing visitors to Mammoth-owned properties. In the past, Mammoth spent a significant amount of ...

COCC Partners with Payveris to offer PayItNow P2P Solution

10.20.2016 in #Press

October 20, 2016 12:00 ET | Source:  Payveris COCC Partners with Payveris to offer PayItNow P2P Solution— ROCKY HILL, Conn., Oct. 20, 2016 (GLOBE NEWSWIRE) -- Payveris, the leading provider of a next generation open API, cloud based digital payment and money movement platform for U.S. financial institutions, announces it has partnered with Southington, Conn.-based COCC to offer Payveris’ PayItNow service, which enables community financial institutions to offer consumers person to person (P2P) transfer services. COCC is a core provider for 130 bank and credit union customers throughout the Northeastern United States. COCC partnered with Payveris to offer COCC clients a turnkey P2P solution that enables consumers at client financial institutions to conveniently move money from person to person. The PayItNow product is implemented as a white label P2P solution that is fully integrated within the existing digital experience of COCC client financial institutions. Payveris’ P2P service is just one of the several bill ...

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 ...

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