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Vipshop (唯品会) China’s leading online retailer, launches VIPSHOP in Singapore, offering a curated selection of international and trendy brands at unbeatable prices, all in one shopping app

Shoppers can look forward to over hundreds of brands at great prices, on a 100% authentic channel.

SINGAPORE – Media OutReach – 28 March 2023 – Shopaholics, rejoice! Vipshop (唯品会) China’s leading online retailer, has announced the launch of VIPSHOP, Singapore’s newest e-commerce shopping app which will bring over hundreds of brands from a curated selection of products with focus on Fashion (bags and clothing), Sports, Beauty and more to local consumers. All customers in Singapore get to enjoy free delivery on all orders with no minimum spend and a hassle-free 15-days doorstep return policy.

Leading parent company Vipshop (唯品会) founded in 2008 and listed on NYSE

Established in 2008 in Guangzhou, China, Vipshop (唯品会) got listed on the New York Stock Exchange (NYSE) in 2012 and has cooperated with over 41,000 brands around the world. Since its listing, Vipshop (唯品会) has achieved profitability for 41 consecutive quarters, with US$15 billion in total net revenue for 2022. Vipshop (唯品会) has also received worldwide recognition on Fortune China 500, Dow Jones Sustainability Index (DJSI), Forbes China and more. VIPSHOP launched its first Southeast Asian headquarters in Singapore on 8 December 2022, making this city its first expansion out of China.

Offers A Wide Curated Selection across International and Trendy Brands

VIPSHOP has over a thousand international buyers across the globe who are well-versed in latest trends and products, enabling VIPSHOP to curate their selection
by picking the top best sellers of international brands, while offering great deals to consumers through buying in bulk to reach economies of scale.

Bernard Tay, Regional Head of Southeast Asia shared that, “At VIPSHOP, we are dedicated to revolutionizing the shopping experience for consumers in Singapore. We are confident that our shoppers will find unbeatable deals on their favourite brands or discover new brands with our curated selection for them. We are excited to make online shopping a breakthrough for Southeast Asian consumers.”

In a single app, VIPSHOP shoppers can find all tiers of brands from luxury brands like Longchamp, Charlotte Tilbury and Tory Burch to mass consumer brands like adidas, Puma, and Skechers. Beyond that, VIPSHOP also brings the C-wave to Singapore by bringing in internationally known Chinese brands such as Florasis and Perfect Diary for Beauty, NEI WAI and Urban Revivo for Fashion, and ERKE for Sports. In the coming months, it will continually bring in brands catered to the preference of Singaporeans, at unparalleled markdowns for the most value-for-money shopping experience.

We would like to extend our warmest congratulations to VIPSHOP for launching this new ecommerce platform in Singapore. With its curated selection and accessible prices, we are confident that VIPSHOP will quickly become a go-to destination for online shoppers.” – Andy Loh, Assistant Manager Ecommerce, Skechers Singapore

100% Authentic Branded Goods
VIPSHOP works with brands globally to ensure that goods sold are 100% authentic. All products undergo a stringent supplier selection process before qualifying for VIPSHOP’s verified global sourcing programme, allowing customers to shop with a peace of mind.

Exceptional Brands at Accessible Prices, up to 70% off by buying in bulk
From Beauty, Sports and Fashion products, VIPSHOP provides a wide selection of popular branded products with deep discounts for the ultimate shopping experience. On top of the daily discounts, shoppers can look forward to a curated selection of ‘HOT BUY’ deals lined up that are refreshed twice a week on the app to keep things exciting. VIPSHOP assures a premium and varied selection of sale items that will go on promotional discounts each week.

Examples of past ‘HOT BUY” deals, priced more competitively than others in the market across a wide category range, include Longchamp Le Pliage Original Handbag Medium $60.90 at 70% Off, Tory Burch Miller Medium Flap Wallet $199.90 at 47% Off, SK-II Facial Treatment Essence $28.90 at 57% Off, Florasis Blooming Rough Porcelain Lipstick $32.90 at 51% Off and adidas Pureboost 21 Shoes $85.90 at 54% Off.

Sign up and get the best deals every Tuesday and Friday. Set your alarms and don’t miss out!

All customers in Singapore get to enjoy exciting HOT BUY deals, free delivery on all orders with no minimum spend and a hassle-free 15-days doorstep return policy.

Hashtag: #Vipshop

The issuer is solely responsible for the content of this announcement.

About VIPSHOP

VIPSHOP is the official SouthEast Asian headquarters of Vipshop (唯品会), which was founded in 2008. VIPSHOP aims to bring 100% Authentic, high-quality products from exceptional brands to Southeast Asian consumers, at accessible prices. With over a thousand international buyers, and long relationships with brands, VIPSHOP strives to find the best deals and aims to connect the world’s top brands to make people feel their best.

Two Killed in Agricultural Fire in Oudomxay Province

Two men lost their lives in an agriculture fire in Houn District, Oudomxay Province last week.

Perx Technologies To Transform Customer Engagement Experience with Workato

SINGAPORE – Media OutReach – 28 March 2023 – Workato, the leading Enterprise Automation Platform platform announced today that Singapore-based Perx Technologies, a loyalty and customer engagement SaaS platform, will partner with Workato to deliver frictionless, hyper-personalized customer experiences.

As a leading behavioral intelligence and loyalty SaaS platform, Perx helps businesses deliver meaningful customer engagements. Perx will partner with Workato to launch self-serve environments, which allow their clients to independently create hyper-personalized customer experiences using plug-and-play integrations. Utilizing Workato’s low/no code and hassle-free integrations allows Perx to do away with multi-day integration set-ups, and deliver seamless omnichannel experiences to their clients.

Workato’s platform gives Perx the necessary tools to simplify and automate integrations for client onboarding. Workato helps plug the tech gap between Perx’s platform and their clients’ legacy systems. This allows clients to update and improve their tech adoption at a lower cost, as it removes the need of creating unnecessary multiple and complex data points. This partnership marks a significant step towards empowering Perx’s customers to build their own unique digital customer journeys without the need for complex workflows.

For Perx employees, the partnership with Workato allows them to reduce time to market and time for execution. Workato helps solve complex integrations by simplifying compatibility and reducing time spent on new setups. By reducing manual tasks and streamlining workflows using Workato’s pre-existing recipes, Perx intends to drive up employee productivity and accelerate its go-to-market timeline.

“Our partnership with Workato is a game-changer for businesses looking to transform their customer engagement strategies,” said Mr. Amenallah Reghimi, Chief Product and Technology Officer at Perx Technologies. “By combining Perx Technologies’ innovative solutions for customer engagement and loyalty with Workato’s industry-leading automation platform, we’re empowering businesses to deliver personalized experiences, streamline operations, and drive growth.”

“Perx is an industry leader in delivering memorable and meaningful customer experiences. This is a critical success factor for businesses who want to grow in an increasingly crowded marketplace,” said Amlan Debnath, Managing Director, Workato Asia Pacific and Japan. “We are thrilled to play a key role as Perx’s partner in reimagining the digital consumer journey and look forward to the creation of a powerful, simplified and efficient digital experience that millions of end consumers will benefit from.”
Hashtag: #Workato #PerxTechnologies

The issuer is solely responsible for the content of this announcement.

Perx Technologies

Perx Technologies is a leader in the loyalty and customer engagement space, providing a sophisticated, self-service SaaS platform that seamlessly integrates gamification, behavioral science, and AI. Based in Singapore, Perx enables brands globally to drive and monetize customer actions and customer-brand interactions through dynamic, data-driven experiences.

Perx streamlines customer acquisition, activation, monetization, and growth by crafting tailored, incentive-driven journeys that foster lasting loyalty and exceptional user experiences. Its user-friendly, self-service and intelligent approach empowers businesses to revolutionize their customer engagement strategies with unparalleled ease and efficiency. For more information, visit or connect with us on social media:

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Workato

The leader in enterprise automation, Workato helps organizations work faster and smarter without compromising security and governance. Built for Business and IT users, Workato is trusted by over 17,000 of the world’s top brands, including Broadcom, Intuit, and Box. Headquartered in Mountain View, Calif., Workato is backed by Altimeter Capital, Battery Ventures, Insight Venture Partners, Tiger Global, and Redpoint Ventures. For more information, visit or connect with us on social media:

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ROSEN, GLOBALLY RESPECTED INVESTOR COUNSEL, Encourages Inspirato Incorporated Investors With Losses to Secure Counsel Before Important Deadline in Securities Class Action Commenced by the Firm – ISPO

New York, New York – Newsfile Corp. – March 27, 2023 – WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Inspirato Incorporated (NASDAQ: ISPO) between May 11, 2022 and December 15, 2022, both dates inclusive (the “Class Period”) of the important April 17, 2023 lead plaintiff deadline, in the securities class action commenced by the Firm.

SO WHAT: If you purchased Inspirato securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Inspirato class action, go to https://rosenlegal.com/submit-form/?case_id=10246 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than April 17, 2023. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, Defendants made materially false and/or misleading statements and/or failed to disclose that: (1) the Company’s unaudited condensed consolidated financial statements as of and for the quarterly periods ended March 31, 2022 and June 30, 2022 (collectively, the “Non-Reliance Periods”) included in the quarterly reports on Form 10-Q filed with the Securities and Exchange Commission (the “SEC”) for the Non-Reliance Periods, could no longer be relied upon; (2) the quarterly reports could no longer be relied upon due to the incorrect application of Accounting Standards Update (ASU) No. 2016-02, Leases (Topic 842) (“ASC 842”) with respect to the assessment of right-of-use assets and liabilities, resulting in an understatement of both right-of-use assets and total lease liabilities of approximately 9% for each of the Non-Reliance Periods resulting in an understatement of total assets and total liabilities by approximately 5% for each of the Non-Reliance periods, and due to property-related and other expenses being under accrued in the first quarter, and over accrued in the second quarter, resulting in cost of revenue being understated by approximately 1% and overstated by approximately 5% in the first and second quarter, respectively (similarly, any previously issued or filed reports, press releases, earnings releases, and investor presentations or other communications describing the Company’s condensed consolidated unaudited financial statements and other related financial information covering the Non-Reliance Periods should no longer be relied upon); (3) the Company was not in compliance with the periodic filing requirements for continued listing set forth in Nasdaq Listing Rule 5250(c)(1) (the “Rule”) as a result of its failure to file its quarterly report on Form 10-Q for the quarter ended September 30, 2022 (the third quarter report) with the SEC by the required due date; and (4) as a result, defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Inspirato class action, go to https://rosenlegal.com/submit-form/?case_id=10246 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm’s attorneys are ranked and recognized by numerous independent and respected sources. Rosen Law Firm has secured hundreds of millions of dollars for investors.

Attorney Advertising. Prior results do not guarantee a similar outcome.

——————————-

Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

The issuer is solely responsible for the content of this announcement.

Media OutReach Newswire Strengthens Vietnam Distribution Network

Asia’s leading newswire adds new media partners to its distribution network in Vietnam, bringing the total number of guaranteed online posting to 20 news sites

HONG KONG SAR – Media OutReach – 28 March 2023 – Media OutReach Newswire, Asia’s first global newswire, has strengthened its distribution network in Vietnam, adding five additional media partners as guarantee online news posting for its press release distribution service.

The five new sites bring the total number of partners in Vietnam to 20 media outlets, including the country’s No 1 English-language newspaper Viet Nam News, top business titles Biz Hub and Vietnam Plus, alongside seven leading Vietnamese-language media sites.

The new partnerships include trade publications TechTimes Vietnam and AutoTimes, plus general news site EconomicTimes, Times24h and sports media site SportTimes.

The move further cements Media OutReach Newswire as the most comprehensive press release distribution partner in Vietnam, and the only newswire to guarantee online postings on leading news media in the country.

“The expansion of Media OutReach Newswire’s distribution network in Vietnam demonstrates our commitment to providing comprehensive and real media online postings to clients,” Jennifer Kok, Founder and CEO of Media OutReach Newswire, said.

“Vietnam is a fast-growing market with a vibrant media landscape and we are thrilled to offer our clients even more opportunities to reach their targeted journalists and media through our extensive distribution network to build media relations and boost their online brand presence with Vietnam’s online media.”

The new partners add to a growing list of more than 500 media outlets that Media OutReach Newswire guarantee online news postings across multiple languages and markets. Partners include international terminals Bloomberg, Dow Jones Newswire, Refinitiv Eikon, Morningstar, Associated Press (AP), Agence France Presse (AFP), plus an extensive list of the region’s biggest media outlets including The Malay Mail in Malaysia to Thailand Business News, United Daily News, Macau Business, Sina Hong Kong and Money FM 89.3 in Singapore.

Do Nguyen, Founder of International Times Corp, said he was thrilled to expand the company’s content offering with Media OutReach Newswire.

“The top criteria for TechTimes and other media brands under International Times Corp is to partner with a newswire with authentic and rich content. Media OutReach provides a vast range of news and will help us give readers another source of trusted information. In addition, Media OutReach Newswire’s corporate press release are from many companies from Asia Pacific and internationally.”

Hashtag: #MediaOutReachNewswire

The issuer is solely responsible for the content of this announcement.

About Media OutReach Newswire

Launched in 2009, Hong Kong-based Media OutReach is the first global newswire founded in the Asia Pacific region with offices in Singapore, Malaysia, Vietnam, Japan, China, Thailand, and Taiwan.

As a pioneering global newswire agency, Media OutReach is the only press release newswire that owns its distribution network in 26 countries across Asia Pacific region. The newswire media assets include more than 140,000 journalists, 400 trade categories, 65,000 media titles, and partnerships with more than 500 authentic media sites to guarantee online postings.

Media OutReach Newswire is redefining press release distribution by offering an integrated communication solution for the PR community through its SaaS portal. With proprietary technology at our core, we distribute multi-language and multimedia press release content directly to the inboxes of editors and journalists to optimise coverage and build media relations.

The newswire post-release report helps PR professionals and communications executives report efficiently and quickly to stakeholders, with reports available to download in a ready-to-use format.

Media OutReach Newswire’s press release measurement insights provide unique analysis into the performance of each news release over a customised period of their PR campaign, giving a clear understanding on the return-on-investment of their communications activity.

For more information about Media OutReach’s services and distribution network, please visit .

JC Movers Expands Storage Facility With New Warehouse In Tampines

SINGAPORE – Media OutReach – 28 March 2023 – Leading professional movers in Singapore for fuss-free furniture removal and disposal as well as moving services, JC Movers, has announced its intentional step to meet and serve the growing need for storage and professional moving services through the signing of a second warehouse.

The moving company has just signed, on 21st March, a lease for a brand new warehouse facility at Tampines, making this their second storage facility. With this new addition, JC Movers aims to expand their storage capacity to meet the needs of their growing pool of customers as well as provide affordable options for offices, restaurants, and families who are looking for storage whilst their place undergoes renovation. A statement to their success, the existing warehouse at Balestier is currently full, making it significantly challenging for them to take in additional storage requests.

The new Tampines warehouse will not have any air conditioning as they run the risk of moisture and humidity build-up, leading to increased chance of moulds. This makes the warehouse ideal for storing more delicate items, such as furniture, musical instruments, books, artworks, photographs, and electrical equipment. To further boost the prevention of mould, JC Movers will also be offering additional preventive measures, such as mould prevention products, that can be opted on top of the storage service. The facility will also be secured 24/7 with weekly cleaning conducted by their team of movers to prevent unwanted pests.

Currently, at JC Movers, they offer residential and commercial moving services, storage services, and disposal services. For all new upcoming clients, the newly added storage facility in Tampines is fully ready for bookings and any new storage will be placed at the new warehouse. Additionally, they are also offering a promotional price of $550 to $800 for one lorry if an upfront payment of two or three months’ worth of storage fee is made, respectively.

Professional moving services are vital regardless of the type of move; house or office. Not only do they offer their clients with peace of mind as they handle every step of the move from packing to transportation, but they also offer reliability and safety as they will do the heavy lifting and are highly trained and experienced, ensuring the protection and safety of the items. JC Movers is one of Singapore’s leading residential and commercial mover company. With their resourceful, professional, and dedicated team, they guarantee convenience and clarity at every step of the moving process.

For more information on JC Movers and their extensive range of services, do visit them at https://www.jcmovers.com.sg/ or contact them at +65 9861 9916

Hashtag: #JCMovers #ProfessionalMovers

The issuer is solely responsible for the content of this announcement.

OctaFX sponsors exam fees for ‘Ideas Academy’ students

KUALA LUMPUR, MALAYSIA – Media OutReach – 28 March 2023 – The international broker OctaFX has sponsored the Cambridge IGCSE curriculum exam fees for students in Malaysia under the tutelage of the Ideas Academy—a renowned institution, bend on proliferating and extending a high quality international school structure. Their straightforward mission is ‘to unlock human potential when it matters most’.

Since OctaFX’s mission statement is remarkably similar, it was only a matter of time before the fintech company would reach out to collaborate and support.

It is all the more gratifying that all the involved students were able to pass the exams past December. The graduation ceremony took place on 24 February 2023—with OctaFX being invited, as well.

The OctaFX webinar speaker and expert Gero Azrul held a motivational speech at the graduation, after which presents were given to the children. On this occasion, the broker made a charitable donation by providing new IT equipment to the teaching staff.

Ideas Academy’s marketing executive, Ms. Simran, had this to say: “This is absolutely amazing for our school and, needless to say, for our students. We cannot thank OctaFX enough, and our entire team is excited about putting the much appreciated equipment to good use!”

The Kuala Lumpur-based Ideas Academy has been active in the field of improving and raising the standard of education since 2012. They specialise in working with underprivileged children, including those with refugee background.

The people driving Ideas Academy forward believe in ‘Education for All’. It is their mission to ensure that every child between 12 and 18 years of age gains a strong secondary educational foundation. By safeguarding this, they encourage them to become confident, responsible, proactive, and compassionate adults. Ideas Academy is determined to be a force for high quality, affordable virtual education— combined with physical classes for students in Kuala Lumpur.

This has been the first joint initiative between OctaFX and Ideas Academy, but not the last—both entities are in the talks to continue and deepen their relationship for more projects to come.

Hashtag: #OctaFX

The issuer is solely responsible for the content of this announcement.

About OctaFX

is an international broker that has been providing online trading services worldwide since 2011. The company is involved in a comprehensive network of charity and humanitarian initiatives, including the improvement of educational infrastructure and short-notice relief projects supporting local communities.

Xapo Bank Becomes The First Fully Licensed Bank To Enable USDC Deposits and Withdrawals

Xapo Banks marks a watershed moment for digital asset innovation by enabling members to bypass costly and time-consuming SWIFT payments and deposit and withdraw via USDC instead.

BANGKOK, THAILAND – Media OutReach – 28 March 2023 – Xapo Bank, a leading Bitcoin custodian and licensed private bank, has collaborated with Circle, a global financial technology company helping money move at internet speed, to become the first licensed bank in the world to integrate USDC payment rails as an alternative to SWIFT.

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USDC is a digital dollar, also known as a stablecoin, that provides a faster and more efficient way to send and receive money around the globe, 24/7, including weekends, in under an hour. By adding outrails to its existing USDC onramps, Xapo Bank enables members to bypass costly and time-consuming SWIFT payments and instead deposit and withdraw with no fees charged by Xapo Bank.

The bank is offering a 1:1 conversion rate from USDC to USD. All USDC deposits at Xapo Bank are automatically converted to USD, meaning members can benefit from a 4.1% annual interest rate return on deposits.

A fully licensed and regulated bank, Xapo Bank is a member of the Gibraltar Deposit Guarantee Scheme (GDGS) and guarantees its members’ USD deposits up to *$100,000 USD equivalent. Ensuring member protection, Xapo Bank does not stake any crypto deposits or have any exposure to surrounding crypto markets as all deposits are automatically converted to USD held by the bank.

Unlike traditional banks, Xapo Bank does not lend and therefore does not rely on fractional reserve banking to make money as its core business model. Instead, Xapo Bank has all its customers’ funds in reserve and invests in short-term liquid assets to pass the interest earned to its customers.

Seamus Rocca, CEO of Xapo Bank, said: “Xapo Bank’s USDC payment rails mark a watershed moment in financial history, combining the speed and cost efficiency of the digital dollar with the security guarantees of a licensed private bank. Enabling auto-converted USDC deposits and withdrawals at Xapo Bank gives crypto members a safe haven for their savings. Running 24/7, including weekends, we eliminate the anxiety of keeping your money in exchanges and the hassle of expensive offramps into traditional banks.”

“Xapo Bank was built to protect members’ savings. Unlike many traditional banks, we do not offer customer loans; all of our customers’ money is held dollar for dollar on our balance sheet. It is invested in very short-dated, highly credit-rated money market instruments and short-term bonds. We pass that benefit to our members through a 4.1% interest rate, paid daily.”

“We charge our members an honest membership fee of $150 USD that helps us recover our overheads and means we don’t have to rely on paying almost no interest to our members or use hidden fees to make money. We give the benefit of more than 80% of the yield we generate back to our members.”

Xapo Bank is constantly striving to grow its payment rails options, offering members additional currency choices managed with the security of a fully-regulated bank. The USDC news comes after last week’s announcement that Xapo Bank had integrated with the Faster Payment System (FPS) to activate support for GBP settlement for account deposits and withdrawals. Earlier this month, the bank also announced an integration with Bitcoin’s Lightning Network, in collaboration with Lightspark.

*Xapo offers 4.1% interest on US dollar deposits, which are protected by the GDGS up to €100,000 EUR (i.e. circa $106,673 at current exchange rates).

To learn more about Xapo Bank, visit: https://www.xapo.com/

Hashtag: #XapoBank



The issuer is solely responsible for the content of this announcement.

About Xapo Bank

Bank is a leading Bitcoin custodian and a fully licensed private bank. Founded in 2013, Xapo became one of the most trusted Bitcoin custodians in the industry, providing users with a secure platform to store and transact with their cryptocurrency. Evolving into Xapo Bank, it became the first crypto company in the world to obtain a and has since expanded its offerings to include Savings accounts. It has future ambitions of offering Wealth Management and a full suite of private banking services like secured lending and asset protection among its future ambitions. With this expansion, Xapo is poised to become one of the leading private banks in the world, offering clients a level of security, privacy, and flexibility that is unmatched in the traditional banking industry.

About Circle

Circle is a global financial technology firm that enables businesses of all sizes to harness the power of digital currencies and public blockchains for payments, commerce and financial applications worldwide. Circle is powering always-on internet-native commerce, payments, and custody and is the issuer of USDC and EUROC. Circle’s open and programmable platform and APIs make it easy for organisations both large and small to run their internet-scale business, whether it is managing their internal treasury, making international payments, or automating supply chains. Learn more at

About Faster Payments

The Faster Payments Service (FPS) is a secure payments network that allows banks in the UK to send payments faster. It works by allowing banks on the network to electronically and securely transfer money between each other, with near-instant availability of funds. It is available 24 hours a day, 365 days a year.

FPS’s benefits include faster processing time for payments, reduced costs and increased customer satisfaction.

About Lightning Network

The Lightning Network is a decentralised network on the Bitcoin blockchain that enables instant, low-cost payments across a network of participants. The Lightning protocol makes use of the security and liquidity of the Bitcoin network to create a secure network of participants who are able to transact bitcoin at high volume and high speed with low cost and instant settlement.