Neobank elevates customer value and deepens engagement through Ascenda’s global rewards network

NEW YORK, Oct. 14, 2025 /PRNewswire/ — Ascenda, the loyalty company that powers growth for the world’s leading financial institutions, today announced its new partnership with bunq, Europe’s second-largest neobank. The collaboration elevates bunq’s loyalty program, unlocking superior rewards that power its users’ international lifestyle.

bunq’s skyrocketing trajectory – marked by its recent 20 million user milestone and plans for US expansion – is underpinned by a relentless user focus. As “the first bank people love to use,” bunq’s success is built on making life easy by using tech to remove the hassle of money admin. The new partnership with Ascenda is marked by a shared vision for superior user experiences and technology-driven innovation.

Enabled by Ascenda’s unrivaled loyalty ecosystem, bunq users across Germany, France, Spain, Ireland, and the Netherlands can now use their points to access a new range of aspirational rewards, such as airline miles. The collaboration showcases how innovative financial institutions are embedding premium, high-value rewards directly into their core products. The expanded loyalty proposition strengthens bunq’s appeal to new and existing customers, fueling customer acquisition and increasing stickiness.

“We’re excited to bring one of our most-requested features to users: earning airline miles, just by using their bunq card. At bunq, we’re all about making life easy. Our partnership with Ascenda helps us do exactly that: helping our users earn travel rewards from everyday spending to support their borderless lifestyle,” said Tom Bilske, Head of New Products.

“Loyalty is no longer a simple add-on to financial products – it’s a core engine for revenue and growth,” said Josh Berwitz, Chief Commercial Officer of Ascenda. “This new partnership demonstrates how a disruptive leader can leverage differentiated customer value to win in the market. bunq is making everyday banking truly rewarding and we’re thrilled to power their success.”

About bunq

Founded in 2012 by serial entrepreneur Ali Niknam, bunq has brought lasting change to the European banking industry. By having its users at the heart of the business and building a product rooted in their wants and needs, bunq quickly scaled to become the second-largest neobank in the EU. Serving those with an international lifestyle across the European Economic Area, bunq makes life easy for location-independent people and businesses, starting from the way they manage money: how they spend, save, budget, and invest.

Pioneering many things considered impossible, bunq was the first bank to get a European banking permit in over 35 years, raised the largest series A round ever secured by a European fintech (€193 million), and was the first EU neobank to achieve structural profitability at the end of 2022. On its mission to build the first global neobank for digital nomads, in April 2025, bunq announced it’s fast-tracking its entry in the US by applying for a broker-dealer license and planning to reapply for the full banking license later the same year.

About Ascenda 

Ascenda powers many of the world’s most iconic financial services products, enabling high-value, personalized rewards experiences that drive profitable behavior. With over a decade of proven results, an unrivaled roster of top-tier global clients, and enterprise-grade technology, Ascenda is trusted by leading brands to deliver growth outcomes, eliminate complexity, and create extraordinary customer experiences. For more information, please visit ascenda.com

Awards honor customers and partners who are redefining what’s possible with data and AI

BOSTON, Oct. 14, 2025 /PRNewswire/ — Starburst, the data platform for apps and AI, recognized the winners of the 2025 Data Visionary Awards at a celebration event held alongside AI & Datanova 2025 Thursday evening. The awards honor customers and partners who are harnessing data and AI to deliver transformative results, accelerate innovation, and shape the future of their industries.

The awards celebrate achievements across six customer categories and four partner categories, recognizing visionaries whose leadership and execution are pushing the boundaries of what’s possible with Starburst.

Customer Award Winners

• AI & Data Visionary Award: S&P Global Market Intelligence – Enterprise Solutions Technology Team
  The Enterprise Solutions Technology team at S&P Global Market Intelligence is recognized for its bold vision and execution in building a modern, AI-ready data foundation leveraging Starburst. By embracing a federated, governed architecture, the team has accelerated innovation, reduced time-to-market, and set a new standard for responsible AI adoption.

• Executive AI & Data Visionary Award Winner: Anna Nicanorova, CTO, Annalect
  Anna is recognized for her leadership in driving Annalect’s enterprise-wide data vision and AI transformation. By championing Starburst, she has accelerated insights, strengthened decision-making, and delivered measurable business impact across Annalect’s global operations.
• Data AI Award Winner: Asurion
  Asurion is recognized for building a modern, AI-ready data foundation with Starburst, including Iceberg lakehouses, federated access, and strong governance. This approach positions Asurion for scalable AI adoption, future RAG use cases, and accelerated enterprise insights.
• Impact Through AI Award Winner: Arity
  Arity is recognized for harnessing Starburst to power data-driven insights that improve transportation safety and efficiency. By applying AI to vast mobility datasets, Arity helps businesses and communities reduce risk, optimize operations, and make faster, more informed decisions, thereby delivering measurable impact across the transportation ecosystem.
• Data Pathfinder Award Winner: Periyasamy Sivakumar (Siva), Head of Data Engineering, OCBC
  Siva is recognized for his leadership in driving Starburst adoption and data modernization at OCBC. Through hands-on influence and advocacy, he has delivered results in a complex, regulated environment and inspired peers across the organization.
• Data Disruptor Award Winner: PSEG Long Island
  PSEG Long Island is recognized for its bold, fast-moving approach to transforming data and analytics. By leveraging Starburst to modernize access to critical data and accelerate insights, PSEG Long Island demonstrated how a forward-thinking organization can disrupt traditional practices and drive meaningful impact.

Partner Award Winners

• Starburst Partner: Data Visionary Award Winner: Amazon Web Services, Inc. (AWS)
  AWS is recognized for advancing cloud-native AI and data solutions that empower enterprises to unlock transformative insights and accelerate business value with Starburst.
• Starburst Partner: Data Trailblazer Award Winner: Dell Technologies
  Dell is celebrated for helping joint customers modernize their data architectures with Starburst, delivering integrated, high-performance solutions that bring the power of governed, federated analytics to enterprises at scale, and enabling organizations to accelerate their AI and data-driven initiatives.
• Integration & Ecosystem Impact Award Winner: Alteryx
  Alteryx is honored for delivering seamless integration and technical innovation that extend the value of Starburst, enabling organizations to achieve new levels of interoperability and business impact.
• Managed Service Excellence Award Winner: Kubrick
  Kubrick is recognized for outstanding implementation expertise, customer satisfaction, and the ability to drive transformative outcomes through high-impact Starburst deployments.

“Data and AI are the engines of transformation across every industry,” said Steven Chung, President of Starburst. “The winners of this year’s Data Visionary Awards exemplify what’s possible when bold vision, strong leadership, and execution come together with the power of Starburst. We’re proud to celebrate these customers and partners who are setting the standard for the future of data and AI.”

Supporting Resources

• 2025 Data Visionary Awards – Ceremony Photos
• Attend AI + Datanova Virtual featuring Trino Day, a two-day virtual event, October 22–23, 2025. Register here

About Starburst
Starburst is the data platform built for flexibility, delivering fast, secure access to all your data, wherever it lives. Whether on-premises, across clouds, or in hybrid environments, Starburst provides choice and control to your architecture. Built on an open data stack with Trino and Apache Iceberg, it unifies distributed data without complex or costly migrations, unleashing the full power of the data lakehouse for analytics and AI.

With our Lakeside AI architecture, enterprises gain federated access, governed collaboration, and full data lineage, laying the foundation for scalable, compliant AI innovation. Starburst empowers data-intensive and security-conscious organizations to unlock the full potential of their data while ensuring performance, governance, and control.

Enterprises in 60+ countries, including Comcast, Citigroup, and 4 of the top 5 global banks, trust Starburst to maximize data value. Our strategic partnerships with AWS, Dell Technologies, and top cloud providers ensures seamless interoperability across environments.
From insights to action to AI, Starburst fuels innovation at every level. Learn more at starburst.ai.

Recognition highlights DXC’s market-leading technology, AI innovation, and industry expertise

ASHBURN, Va., Oct. 14, 2025 /PRNewswire/ — DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services provider, has been named a Leader by global research firm Everest Group in its new report, “Property and Casualty (P&C) Insurance BPS PEAK Matrix^® Assessment 2025.” DXC was also awarded Star Performer status for demonstrating forward and upward movement from the previous edition of the report published in 2023.

DXC Named a Leader in Property and Casualty Insurance in Everest Group Assessment of BPS Providers

The Everest Group report highlights DXC’s strengths in utilizing AI to reduce time and cost of policy and data migrations, providing business process services (BPS) that are tightly aligned with DXC’s proprietary Assure Platform solutions, and enabling rapid development of capabilities with a dedicated insurance R&D function. DXC’s commitment to innovation has allowed the company to deploy value-add solutions such as AI accelerators and Assure BPM, powering the modernization of operations for insurance customers globally.

“DXC Technology’s platform-led model anchored by its Assure platform and proprietary insurance software with domain-specific IP simplifies AI deployment and enables continuous modernization of P&C operations at scale,” says Abhimanyu Awasthi, Practice Director at Everest Group. “Backed by domain-led solutions, deep London Market expertise, and broad geographic coverage, DXC powers mission-critical processes across personal, commercial, specialty, and reinsurance lines, turning complexity into operational gains.”

With over 40 years of industry expertise, DXC is a trusted partner of choice for 21 of the top 25 insurers. As a leading provider of core insurance systems, DXC continues to innovate—helping insurers reduce complexity and costs across more than 1 billion policies processed on DXC software.

“DXC’s drive to innovate, global presence, and industry expertise allows us to meet the needs of  our customers around the world – from accelerating expansion into new markets with our BPS offerings, to shaping the future of specialty insurance through our strategic Velonetic joint venture,” said Ray August, President of Insurance Software and Business Process Services at DXC. “Our mission is to empower insurers with innovative solutions, including AI and emerging technologies, to help them compete effectively and address key market trends with offerings tailored to global markets. We’re honored to have this work recognized by Everest Group.”

Everest Group evaluated 25 P&C insurance BPS providers for its P&C Insurance BPS PEAK Matrix^® Assessment 2025, separating companies into three categories: Leaders, Market Contenders, and Aspirants. The report assessed providers’ vision, capabilities, and market impact.

An excerpt of Everest Group’s report is available to view here. To learn more about DXC’s P&C offerings, click here.

About DXC Technology
DXC Technology (NYSE: DXC) is a leading global provider of information technology services. We’re a trusted operating partner to many of the world’s most innovative organizations, building solutions that move industries and companies forward. Our engineering, consulting and technology experts help clients simplify, optimize and modernize their systems and processes, manage their most critical workloads, integrate AI-powered intelligence into their operations, and put security and trust at the forefront. Learn more on dxc.com.

Disclaimer
Licensed extracts taken from Everest Group’s PEAK Matrix^® Reports, may be used by licensed third parties for use in their own marketing and promotional activities and collateral. Selected extracts from Everest Group’s PEAK Matrix^® reports do not necessarily provide the full context of our research and analysis.  All research and analysis conducted by Everest Group’s analysts and included in Everest Group’s PEAK Matrix^® reports is independent and no organization has paid a fee to be featured or to influence their ranking.  To access the complete research and to learn more about our methodology, please visit Everest Group PEAK Matrix® Reports.

About Everest Group
Everest Group is a leading global research firm helping business leaders make confident decisions. Everest Group’s PEAK Matrix^® assessments provide the analysis and insights enterprises need to make critical selection decisions about global services providers, locations, and products and solutions within various market segments. Likewise, providers of these services, products, and solutions, look to the PEAK Matrix^® to gauge and calibrate their offerings against others in the industry or market. Find further details and in-depth content at www.everestgrp.com.

Media Contact: Angelena Abate, Media Relations, +1.646.234.8060, angelena.abate@dxc.com 

INDIANAPOLIS, Oct. 14, 2025 /PRNewswire/ — IMG (International Medical Group) has announced new optional coverage add-ons to its most popular travel insurance plan, iTravelInsured Choice, and the launch of two new products.

Travelers now have the option to expand their iTravelInsured Choice coverage in several key areas through a variety of add-ons at an additional cost:

• Cancel For Any Reason (CFAR) & Interruption For Any Reason (IFAR) coverage
• Increased medical coverage
• Additional benefits and covered reasons specific to cruises
• Enhanced benefits to accommodate adventurous activities and traveling with sporting equipment

“At IMG, we know travel isn’t one-size-fits-all, and neither is travel insurance,” said Justin Poehler, Chief Commercial Officer at IMG. “With these new add-on options, travelers can easily customize their iTravelInsured Choice plan and choose the coverage that’s best for their trip, whether they want extra medical protection or coverage tailored to adventure sports.”

Building on this flexibility, IMG has also introduced two new products under the iTravelInsured Choice umbrella. iTravelInsured Choice Cruise is a new plan designed specifically for cruise travelers, with additional benefits and covered reasons addressing excessive water levels, port closures, mechanical issues, and more. iTravelInsured Choice Departure is another new product designed for travelers with little to no non-refundable trip expenses, providing primary coverage for medical expenses and key emergency benefits and services.

“With the launch of iTravelInsured Choice Cruise and iTravelInsured Choice Departure, we’re giving travelers more targeted protection based on how and where they travel,” said Grant Hayes, Global Head of Travel at IMG. “Whether you’re setting sail or heading overseas, there is an iTravelInsured Choice plan to meet your trip’s specific needs and provide you with global peace of mind.”

To learn more about IMG’s award-winning travel and health safety solutions, please visit www.imglobal.com.

About IMG® (International Medical Group®)
IMG® (International Medical Group®), a SiriusPoint company, is an award-winning global insurance benefits and assistance services company that has served millions of members worldwide since its founding in 1990. The preeminent provider of travel and health safety solutions, IMG offers a wide range of insurance programs, including international private medical insurance, travel medical insurance, and travel insurance, as well as enterprise services, including insurance administrative services and 24/7 emergency medical, security, and travel assistance. IMG’s world-class services, combined with an extensive product portfolio, provide Global Peace of Mind® for travelers, students, missionaries, marine crews, and other individuals or groups traveling, working, or living away from home. For more information, please visit www.imglobal.com.

Media Contact: Carly Kessler, IMG Communications Manager, carly.kessler@imglobal.com

DALLAS, Oct. 14, 2025 /PRNewswire/ — ReconArt, a leading provider of enterprise-class reconciliation and financial solutions, announced it has selected Armor Defense’s Managed Detection and Response (MDR) services on Oracle Cloud Infrastructure (OCI) to secure its high-performance financial platform.

In financial services, precision and resilience are non-negotiable. A single missed transaction or failed control can trigger financial loss, regulatory action, or lasting reputational damage. Sustaining this precision and resilience demands Armor’s advanced defense – anticipating and neutralizing threats before they disrupt business.

“ReconArt has trusted Armor for over 15 years. This new Armor + OCI solution supports our global customers such as Expedia, Daikin, BMO, and Klar, some processing more than 30 million transactions per day,” said Ivan Popov, CTO of ReconArt. “Armor’s proactive security and compliance expertise – combined with OCI’s performance – gives us the confidence to innovate. We know our platform is secure, compliant, and resilient at scale.”

The new solution provides ReconArt with measurable, strategic advantages:

• 6X performance capacity, ensuring speed and accuracy at scale.
• 70% faster time to compliance across regulations and frameworks, including PCI DSS, SOC 2, ISO 27001, GDPR, and DORA.
• AI-accelerated threat detection and response, powered by Armor’s 24×7 security operations and agentic AI.

ReconArt’s customers – accounting and finance teams operating under relentless regulatory scrutiny – are seeing fewer disruptions, faster audits, and greater trust in their data.

“ReconArt exemplifies how financial organizations can turn compliance and security into a growth advantage,” said Chris Drake, Founder and CEO of Armor Defense. “By integrating Oracle Cloud Guard and Security Zones, we’re helping enterprises protect what matters most – without slowing innovation.”

Powered by Armor’s intelligent security operations and Oracle’s high-performance infrastructure, ReconArt ensures every transaction is trusted, every audit is simplified, and every growth opportunity is secure.

Armor will feature ReconArt and other enterprise success stories at Oracle AI World, October 13 – 16 in Las Vegas. 

About Armor

Armor is a global leader in cloud-native managed detection and response. Trusted by over 1,700 organizations across 40 countries, Armor delivers cybersecurity, compliance consulting, and 24/7 managed defense built for transparency, speed, and results. By combining human expertise with AI-driven precision, Armor safeguards critical environments to outpace evolving threats and build lasting resilience. For more information, visit our website, follow us on LinkedIn, or request a free Cyber Resilience Assessment.

Prezent AI raises $30 million to acquire Prezentium and redefine enterprise business communication through AI and services integration

SAN FRANCISCO, Oct. 14, 2025 /PRNewswire/ — True Global Ventures (TGV) proudly announces its continued support and participation in Prezent AI’s latest $30 million funding round, accompanying the company’s strategic acquisition of Prezentium, the leading business presentation services firm in Life Sciences.

The round, led by Multiplier Capital and Nomura Strategic Ventures, with participation from True Global Ventures, Greycroft and existing investors, positions Prezent AI company at a $400 million valuation.

A New Category in Enterprise Communication

Prezent AI, founded by Rajat Mishra, is pioneering a new category at the intersection of AI, communication, and enterprise productivity.

Unlike traditional presentation tools or agencies, Prezent AI combines AI-driven automation with human creativity and services, offering Fortune 2000 enterprises a single, scalable platform to accelerate and elevate their business communication.

The acquisition of Prezentium, founded by Deepti Juturu, strengthens this vision. Together, the companies integrate AI technology and human expertise, providing enterprises with a complete “AI + services” solution that delivers outcomes faster, smarter, and more efficiently.

Transforming a $20 Billion Market

With this acquisition and funding, Prezent AI is accelerating its mission to disrupt the $20 billion global agency and consultancy market by creating the first AI + human-augmented business communication platform.

The platform enables organizations to:

• Transform complex data into business-ready presentations in minutes
• Create brand-aligned sales and Business Review decks at scale
• Integrate with enterprise workflows via APIs and presentation agents
• Build a “Company Presentation Brain” — where communication knowledge compounds over time

Investor Perspective

“The combined entity offers corporate clients far greater flexibility in how they approach business communication. They can now rely on a master presentation delivered overnight while achieving measurable productivity gains in how presentations are adapted and deployed across business lines and teams. This unique blend of AI acceleration and human expertise enables enterprises to communicate faster and at scale.” said Frank Desvignes, Founding Partner at True Global Ventures.

A Bold Vision for the Future

“Prezent AI is not just about creating slides,” said Rajat Mishra, CEO and Founder of Prezent AI. “Our north star is delivering great business communication outcomes — powered by AI acceleration and human expertise. With Prezentium joining our platform, we’re one step closer to building the complete AI-enabled communication lifecycle for enterprises.“

About Prezent AI

Prezent AI is an AI-powered business communication platform that helps enterprise teams create, optimize, and deliver high-impact presentations. Headquartered in Los Altos, California, the company serves global clients across life sciences, technology, and manufacturing, combining AI, software, and expert human services into one integrated system.

Learn more: www.prezent.ai

About True Global Ventures

True Global Ventures (TGV) is a global venture capital firm investing in serial entrepreneurs leading AI and Blockchain companies. With presence across San Francisco, New York, Paris, London, Stockholm, Dubai, Hong Kong and Singapore, TGV backs visionary founders building the next generation of transformative technology ventures.

Learn more: https://www.tgv4plus.com/

AI-powered histopathology demonstrates predictive value for immunotherapy outcomes in pMMR mCRC, advanced ccRCC, and NSCLC with data featured in both oral and poster presentations

SEOUL, South Korea, Oct. 14, 2025 /PRNewswire/ — Lunit (KRX:328130.KQ), a leading provider of AI for cancer diagnostics and therapeutics, today announced the presentation of three studies at the European Society for Medical Oncology (ESMO) Congress 2025, taking place October 17–21 in Berlin, Germany. All three studies highlight how Lunit’s AI pathology solution, Lunit SCOPE IO®, can identify biomarkers that predict response to immune checkpoint inhibitors (ICIs), offering new potential to guide more effective and personalized cancer treatment.

Among these, the first study, selected for oral presentation, was conducted in collaboration with Chiara Cremolini, MD, PhD, Professor of Medical Oncology at the University of Pisa, Italy. Researchers applied Lunit SCOPE IO to pre-treatment H&E slides from patients with proficient mismatch repair (pMMR) metastatic colorectal cancer (mCRC) enrolled in the AtezoTRIBE and AVETRIC trials. The AI quantified multiple cell types within the tumor microenvironment, generating a biomarker that stratified patients into “biomarker-high” and “biomarker-low” groups.

In the AtezoTRIBE trial, biomarker-high patients treated with atezolizumab plus FOLFOXIRI/bevacizumab showed significantly improved progression-free survival (PFS) and overall survival (OS) compared to biomarker-low patients, while no such benefit was observed in the control arm. Validation in the AVETRIC cohort confirmed improved survival outcomes for biomarker-high patients receiving ICI-based therapy, with better PFS and OS compared to biomarker-low patients. These results suggest that an AI-derived tumor microenvironment biomarker could help identify patients with pMMR mCRC who are most likely to benefit from immunotherapy combinations—an urgent unmet need in this population.

A collaborative study with Yonsei University College of Medicine, Korea, evaluated whether AI-defined immune phenotypes (IP) could predict outcomes in patients with advanced clear cell renal cell carcinoma (ccRCC) treated with either nivolumab plus ipilimumab (NIVO+IPI) or sunitinib (SUN). Using Lunit SCOPE IO, tumors were classified as inflamed or non-inflamed, based on the density and spatial distribution of tumor-infiltrating lymphocytes.

Patients with inflamed tumors treated with NIVO+IPI demonstrated significantly longer PFS, OS, and higher response rates (60.5% vs. 23.2%) compared to those with non-inflamed tumors. No such benefit was observed in the SUN arm. Findings were validated in an independent ccRCC cohort and aligned with inflamed gene expression signatures from The Cancer Genome Atlas, supporting AI-based immune phenotyping as a promising biomarker to guide treatment selection between immunotherapy combinations and targeted therapies in first-line treatment for ccRCC.

The third study, conducted in collaboration with the National Cancer Center Hospital East (NCCHE) Japan, further validated the predictive power of Lunit SCOPE IO for ICI treatment response in non-small cell lung cancer (NSCLC) patients. In this multicenter prospective study, tumors classified as inflamed showed significantly better responses and longer survival with ICI therapy compared to non-inflamed tumors, a difference not observed among patients treated with cytotoxic chemotherapy. This result strengthens the evidence supporting Lunit SCOPE IO as a predictive biomarker for immunotherapy benefit in NSCLC.

“At ESMO 2025, we are demonstrating how AI can unlock predictive biomarkers directly from routine pathology slides,” said Brandon Suh, CEO of Lunit. “These findings show the potential of Lunit SCOPE IO to help identify patients who will truly benefit from immunotherapy—whether in colorectal or kidney cancer—and to guide treatment strategies that can make cancer care more precise and effective.”

Lunit’s Featured Presentations at ESMO 2025

• Oral Presentation [#725O/Berlin Auditorium – Hub 27, Oct.20, 09:10-20 AM]: Leveraging Artificial Intelligence to predict immune checkpoint inhibitor (ICI) efficacy in proficient MMR mCRC: translational analyses of AtezoTRIBE and AVETRIC trials — Chiara Cremolini, University of Pisa, Italy
• Poster Presentation [#1912P]: Inflamed immune phenotype as a novel predictive marker of immune checkpoint inhibitors for non-small cell lung cancer — Yoshitaka Zenke, National Cancer Center Hospital East, Japan
• Poster Presentation [#2624P]: Artificial intelligence (AI)-powered immune phenotype predicts differential benefit from nivolumab plus ipilimumab versus sunitinib in advanced clear cell renal cell carcinoma — Chang Gon Kim, Yonsei University College of Medicine, Korea

Visit Lunit at booth #3017 to learn more about its latest AI-powered cancer research and innovations in digital pathology.

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About Lunit

Founded in 2013, Lunit (KRX:328130.KQ) is a global leader in AI for cancer diagnostics and therapeutics. With a mission to conquer cancer through AI, Lunit develops AI-powered solutions for medical imaging and biomarker analysis to enable precise diagnosis and personalized treatment. Lunit’s FDA-cleared Lunit INSIGHT suite supports cancer screening at over 7,000 medical institutions in more than 65 countries, while Lunit SCOPE is used in research partnerships with global pharma giants focused on biomarker development and companion diagnostics. Lunit clinical studies have been featured in top-tier journals—including The Lancet Digital Health and Journal of Clinical Oncology—and presented at major conferences such as ASCO and RSNA. Headquartered in Seoul with global offices, Lunit is driving the worldwide fight against cancer. Learn more at lunit.io.

STAMFORD, Conn., Oct. 14, 2025 /PRNewswire/ — Sankaty Jet Capital, a new business aviation finance platform, today announced its official launch. Sankaty Jet Capital, a business aviation lending platform, was formed to provide financing solutions for counterparties across the business aviation industry.

Ford von Weise, who will serve as Chief Executive Officer (CEO) of Sankaty Jet Capital, has over 25 years of experience in the business aviation finance industry. Prior to founding Sankaty Jet Capital, Mr. von Weise was Director and Head of Aircraft Finance & Advisory Services at Citi Private Bank, where he provided business aircraft financing solutions to Citi’s individual ultra-high net worth clients and corporate clients globally. Prior to his time at Citi, Mr. von Weise served as Vice President of Business Aviation Finance for Merrill Lynch Capital and GMAC Commercial Finance.

“Sankaty Jet Capital was created to fill a long-standing gap in the business aviation finance marketplace,” said Ford von Weise, CEO of Sankaty Jet Capital. “Sankaty is focused on doing one thing exceptionally well: providing financing solutions to underserved market segments.”

About Sankaty Jet Capital: 
Sankaty Jet Capital is a business aviation lending platform focused on providing financing solutions for counterparties across the business aviation industry.

CONTACT: ford@sankatyjet.com