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Ascenda launches Nexus, the new rapid launch option for its SaaS loyalty solution suite

/PRNewswire/ — Ascenda, the technology company that makes loyalty simple, today announced Nexus, a new rapid launch option for its bank customer engagement…

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SINGAPORE, Feb. 9, 2021 /PRNewswire/ — Ascenda, the technology company that makes loyalty simple, today announced Nexus, a new rapid launch option for its bank customer engagement solutions, enabled by an innovative zero-integration approach.

Nexus significantly expands the breadth of banks served by Ascenda beyond its current top-tier clients in 30+ markets, unlocking a world-class customer engagement solution for thousands of established banks and neobanks globally who are looking for rapid deployment with minimal complexity and cost.

Ascenda launches Nexus, the new rapid launch option for its SaaS loyalty solution suite, enabled by an innovative zero-integration approach.

Ascenda’s loyalty capabilities can now be deployed in a fraction of the typical setup time with Nexus. A first in the industry, the new option eliminates all technical integration, enabling the rollout of compelling new rewards propositions without resource or time constraints. Setup lead time, complexity and cost are all reduced by a factor of ten relative to current industry norms.

Nexus supports Ascenda’s entire line-up of points-based and cash-back propositions, including the merchant offers aggregation platform, OffersHub. The full suite of Ascenda redemption capabilities ranging from real-time, everyday satisfiers to premium, aspirational rewards is also available under the new turnkey option.

“Nexus transforms how financial institutions launch rewards propositions, requiring minimal up-front investment and lead-time,” said Mark Mullinix, Head of Strategy & Partnerships at Ascenda. “Its simple and rapid deployment model unlocks vast scalability for Ascenda’s suite of customer engagement solutions.”

Live demonstrations are now available, and Nexus technology and distribution partners will be announced progressively.

About Ascenda

Ascenda is a global provider of innovative loyalty solutions, powering engaging rewards propositions for leading financial services brands and merchants worldwide.

Ascenda makes loyalty simple through solutions rooted in beautiful design, exceptional customer value and rapid implementation. With deep market expertise, best-in-class technology and a rich global content network, Ascenda delivers fully digital, user-friendly and highly compelling rewards offerings that eliminate the trade-off between cost and customer value.

For more information about Ascenda, please visit www.ascendaloyalty.com.

Contact:

Valerie Perridon
[email protected]

SOURCE Ascenda

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http://www.ascendaloyalty.com

“Nexus transforms how financial institutions launch rewards propositions, requiring minimal up-front investment and lead-time,” said Mark Mullinix, Head of Strategy & Partnerships at Ascenda. “Its simple and rapid deployment model unlocks vast scalability for Ascenda’s suite of customer engagement solutions.”

Source: https://www.prnewswire.com/news-releases/ascenda-launches-nexus-the-new-rapid-launch-option-for-its-saas-loyalty-solution-suite-301224453.html

SaaS

Together Fund, started by SaaS pioneers, raises $85M

The formation of the Together Fund with an initial investment of $85M has been announced by a group of Indian SaaS pioneers.

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At a Glance

A group of Indian SaaS pioneers has announced the creation of the Together Fund, with an initial investment of $85M. The Together Fund’s goal is to invest in 20 to 25 companies at various stages of growth, from pre-seed to Series B.

A group of SaaS pioneers in India has announced the forming of the Together Fund. With an initial capital of $85 million, the fund would support young Indian software-as-a-service startups.

The group consists of Girish Mathrubootham of Freshworks; Shubham Gupta, formerly with investment firm Matrix; Avinash Raghava, formerly with Nasscom, iSPIRT, and SaaSBOOMi; and Manav Garg of Eka Corporation.

Together Fund aims to invest in 20 to 25 businesses at various stages from pre-seed to Series B. In an interview with TechCrunch, Mr. Garg stated that the firm’s check size would vary from $250,000 to $3 million.

Over 150 company founders and investors have joined the fund’s network, including Krish Subramanian of Chargebee, Nishith Rastogi of Locus, Shashank ND of Practo, and Kunal Shah of CRED. According to Mr. Garg, this exemplifies why the Together Fund was established. The entire team comprises startup founders and other operators with experience in sales strategy and worldwide expansion.

This is India’s first operator-and-founder-led fund. The idea of creating this fund was to provide great help and opportunities to the founders along with money.

Manav Garg of Eka Corporation

Today, Freshworks is a large company with more than 3,800 team members and offices all over the world. But almost eleven years ago, we were just a six-member team operating out of a small garage in Chennai. I didn’t have a gilt-edged resume or family wealth, but that never stopped me from dreaming big.

Girish Mathrubootham of Freshworks

To me, Together is not just a fund, it is a way to pay it forward to the startup community that gave me so much. It is a natural progression of the ‘pay it forward’ initiatives we started with community programs such as PNGrowth, SaaSx, and SaaSBOOMi. With Together, we are not just offering capital to founders, we are offering our time and counsel as well.

Girish Mathrubootham of Freshworks

In an interview, Mr. Raghava said that Together Fund’s founding team would continue to be involved in other industry efforts, such as SaaSBOOMi, India’s annual flagship conference for SaaS companies.

The CapTable, a news organization in India, initially reported on the fund’s establishment earlier this year, citing an investor who stated that Together is expected to attract all strong SaaS projects because of its founding team and problem statement.

Gautham is a reporter at SaaS Industry. He covers SaaS technologies and startups. He is passionate about writing stories and establishing narratives. He has completed his Post Graduate Diploma in Journalism and loves technology.

Together Fund aims to invest in 20 to 25 businesses at various stages from pre-seed to Series B. In an interview with TechCrunch, Mr. Garg stated that the firm’s check size would vary from $250,000 to $3 million.

Source: https://saasindustry.com/news/together-fund-raises-85m-to-support-indian-saas-startups/

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Stockwatch

No Hype – just the Facts. Your complete source of news and realtime quotes from the TSX, TSX-V, CSE, Montreal, Nasdaq, NYSE, Amex and OTC Markets.

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HONG KONG, July 26, 2021 /PRNewswire/ — UCLOUDLINK GROUP INC. (NASDAQ: UCL, “uCloudlink”), the world’s first and leading mobile data traffic sharing marketplace, is further strengthening its footprint in Southeast Asia with a new local partnership with FuXing Kitchen Equipment Inc.(“FuXing”), a leading kitchenware manufacturer in the Philippines.

Under the agreement, uCloudlink will provide its mobile broadband (MBB) products and services to FuXing. The partnership marks the first time that uCloudlink’s cooperation with the household appliances industry and solidifies its position in mobile broadband data connectivity services.

uCloudlink’s cooperation with FuXing follows a string of successful partnership agreements in Southeast Asia, including expanded cooperation with Shore-Access Marine Consultancy Co., Ltd. (“Shore Access”) and a new alliance with PT Harapan Karunia Makmur (“HKM”). As an international communication service provider based in the Philippines, Shore Access signed a contract with uCloudlink earlier this year to distribute its products and connectivity services. uCloudlink has also established a partnership with HKM, a large information and communication technology distributor based in Jakarta, to manufacture and distribute uCloudlink’s MBB-related devices and data connectivity services throughout Indonesia.

uCloudlink’s PaaS and SaaS ecosystem integrates and intelligently allocates the resources of various data service suppliers, terminal suppliers and application developers to enhance the user experience of data connection, which creates unique value for its partners and users, and strengthens its competitive advantage in the global arena.

uCloudlink has amassed a wealth of global resources through partners and users as a result of uCloudlink 1.0 business (international mobile data connectivity services) and uCloudlink 2.0 business (local mobile data connectivity services). Such resources have formed the basis of uCloudlink’s PaaS and SaaS ecosystem. Through its ecosystem, uCloudlink builds upon its resources to provide SaaS application services, data management, equipment sales and rentals and user traffic management to mobile network operators (MNOs), mobile virtual network operators (MVNOs), and business partners.

uCloudlink’s innovative HyperConn™ technology solution paves the way for further development of uCloudlink’s business such as opportunities in new industries, including those with high requirements for connection quality, such as education, video conferencing, emergency response, surveillance and etc.

uCloudlink is continuing to optimize its user experience. Leveraging uCloudlink’s PaaS and SaaS platforms, HyperConn™ is an affordable one-stop data connection service that facilitates “Single Operator Entry Point to Access Global all Available Networks” for better network connectivity.

About UCLOUDLINK GROUP INC.

uCloudlink is the world’s first and leading mobile data traffic sharing marketplace, pioneering the sharing economy business model for the telecommunications industry. The Company’s products and services deliver unique value propositions to mobile data users, handset and smart-hardware companies, mobile virtual network operators (MVNOs) and mobile network operators (MNOs). Leveraging its innovative cloud SIM technology and architecture, the Company has redefined the mobile data connectivity experience by allowing users to gain access to mobile data traffic allowance shared by network operators on its marketplace, while providing reliable connectivity, high speeds and competitive pricing.

Contact:
Carina Cheung
carina-pr@ucloudlink.com
Tel: (852)21806111

View original content:https://www.prnewswire.com/news-releases/new-local-partnership-sees-ucloudlinks-paas-and-saas-ecosystem-expansion-in-southeast-asia-301340110.html

SOURCE UCLOUDLINK GROUP INC.

© 2021 Canjex Publishing Ltd. All rights reserved.

Source: https://www.stockwatch.com/News/Item/U-prCN45732-U!UCL-20210726/U/UCL

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SaaS Application Security Provider DigitSec Adds Phil Lepanto as Vice President of Customer Success and Closes Seed Financing Round to Support Growth

DigitSec, provider of the only comprehensive security testing platform for Salesforce DevOps, today announced it has added Phil Lepanto as vice president of customer success. The company also closed…

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DigitSec, provider of the only comprehensive security testing platform for Salesforce DevOps, today announced it has added Phil Lepanto as vice president of customer success.

The company also closed an oversubscribed seed round of financing led by New York-based K20 Fund and individual angel investors to enable highly effective security solutions for SaaS (software as a service), including Salesforce.

Lepanto serves on the executive committee of K Street Capital and leads Keiretsu’s CleanTech Committee as vice chairman. He instantly recognized DigitSec’s potential and reached out to the company to invest, then joined the team. Starting in 2005, Phil served as chief technology officer of Connections Media, where he led the technology team for web application development, cybersecurity and IT operations for leading political and public affairs clients. Before that, he served as vice president of technology operations for Mindshare Interactive Campaigns.

“As DigitSec continues to add customers and enhance its S4 for Salesforce platform, Phil will be instrumental in providing the highest levels of service and support based on his extensive experience with cybersecurity, IT operations and high-growth technology companies,” noted CEO Waqas Nazir, DigitSec. “We were lucky that Phil invested in our seed round; once we got to know him better, we eagerly recruited him to join our executive team and lead customer success.”

The SaaS market compound annual growth rate (CAGR) is pegged at more than 20 percent*. The increasing number of Salesforce deployments, growing amount of customer personally identifiable information (PII) and other sensitive data stored, and increasing number of integrations with enterprise applications presents a larger- and more lucrative – attack surface for bad actors.

The company’s patented DigitSec SaaS Security Scanner™- S4 for Salesforce™ is the most comprehensive application security testing platform purpose-built for Salesforce. It integrates multiple security tools, empowering developers and administrators to accurately identify security issues faster and with far fewer false positives than traditional AppSec testing solutions. It offers an automated penetration testing solution combining static source code analysis (SAST), interactive runtime testing (IAST), software composition analysis (SCA), and cloud security configuration review for a full-spectrum Salesforce security assessment.

About DigitSec

DigitSec provides the most comprehensive application security testing platform purpose-built for Salesforce, including automated penetration testing. Its patented SaaS Security Scanner, S4, quickly assesses Salesforce security posture, allowing developers to easily identify potential issues before deployment while supporting compliance requirements. More info can be found at https://www.digitsec.com.

* https://www.globenewswire.com/news-release/2021/05/06/2224239/0/en/Software-as-a-service-SaaS-Global-Market-Report-2021-COVID-19-Impact-and-Recovery-to-2030.html

All brands and names are the property of their respective owners.

https://www.digitsec.com

Source: https://www.marketscreener.com/news/latest/SaaS-Application-Security-Provider-DigitSec-Adds-Phil-Lepanto-as-Vice-President-of-Customer-Success–35925287/

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