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HeyMax Acquires Hong Kong’s krip to Accelerate Regional Expansion into Loyalty and Rewards Market

HeyMax’s first acquisition fast-tracks its regional expansion, bringing over 6,000 credit card deals offered by over 3,000 merchants, and personalized loyalty experiences to consumers in Hong Kong and travelers visiting the city.


SINGAPORE and HONG KONG SAR – Media OutReach Newswire – 23 July 2025 – HeyMax, a leading loyalty and travel rewards platform based in Singapore, today announced that it has acquired krip, Hong Kong’s leading fintech platform delivering the city’s first integrated platform for credit card benefits. The move accelerates HeyMax’s entry into Hong Kong’s loyalty and rewards market as part of its regional expansion.

“This is a strategic step forward in our mission to make travel more accessible through everyday spending. The krip team brings deep domain expertise in Hong Kong’s loyalty and rewards space, along with strong local relationships and B2B insights that are critical as we expand across the region. With Hong Kong and Singapore as core markets, this acquisition accelerates our presence in a key financial and travel hub, and sets the foundation for new global partnerships that bring even more value to consumers across Asia,” said Joe Lu, CEO and cofounder of HeyMax.

Launched in 2022, krip set out to help consumers spend smarter by simplifying how they discover and access credit card rewards and benefits. To date, the platform has aggregated over 6,000 credit card deals offered by more than 3,000 retail merchants, providing a personalized experience for users to manage all their cards in one place. krip enables financial institutions to build greater customer loyalty, supporting an estimated US$7.4 billion in additional annual card spending. With clients including livi Bank, Grantit, and other financial institutions and retail partners, krip has reimagined how customers interact with their credit cards to deliver greater engagement and loyalty.

“At krip, our mission has always been to empower consumers to spend smarter. By helping consumers realize more value from their everyday spend, we have unlocked new ways of how financial institutions, retail merchants and consumers can better interact with each other to maximize engagement and loyalty in the digital age. Joining forces with HeyMax opens up exciting opportunities for us to deliver on our mission and to realize our mutual vision to bring greater value to consumers at scale,” said David B. Wang, former CEO and founder of krip.

As part of the acquisition, Wang will transition to the Global Head of Loyalty Partnerships and General Manager of Hong Kong at HeyMax, where he will lead local market strategy and support global partnerships growth. Benjamin Quinlan has also been appointed as Senior Advisor of Financial Services Partnerships. As CEO & Managing Partner of Quinlan & Associates, Quinlan joins HeyMax from his role as Chairman of krip, bringing his extensive experience in the financial services and fintech sector across Asia to HeyMax.

The krip brand will be retired following the acquisition, with key team members integrated into the broader organization. Existing krip users will be invited to register as HeyMax users and receive free Max Miles, giving them immediate access to the platform’s expanding ecosystem of travel and rewards partners.

The acquisition also reflects the strength of Hong Kong’s fintech innovation pipeline. Backed by Cyberport’s Incubation Programme, krip received funding, access to student talent, and connections to key partners that supported its growth and expansion into overseas markets.

The acquisition lays the groundwork for HeyMax’s official launch in Hong Kong in the coming months, where both local users and travelers visiting the city will be able to access the platform’s growing network of rewards.

With a strengthened local presence and leadership team, HeyMax is well-positioned to accelerate partnerships with banks, fintechs, and consumer brands across the market. HeyMax has launched a waitlist for users in Hong Kong. Early sign-ups will receive priority access and exclusive rewards upon launch. Interested users can join the waitlist at https://hk.heymax.ai/waitlist.

Hashtag: #HeyMax


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

About HeyMax

HeyMax is a leading loyalty and travel rewards platform that turns everyday spending into meaningful travel, based in Singapore. HeyMax is on a mission to bring more joy and empathy to the world through travel. Its vision is to make travel more accessible and rewarding for everyone by turning the things you already do into free trips, year after year.

Users earn Max Miles from over 500 top merchants and redeem them directly for over 30 flights, hotels, and rewards programs, or use them for gift cards. Max Miles never expire, come with no fees, and offer unmatched flexibility for modern travelers.

HeyMax is backed by leading investors including January Capital, Monk’s Hill Ventures, Tenity, Ascend Angels, and XA Network. For more information, please visit . To be among the first to experience HeyMax in Hong Kong, join the waitlist at.

About krip

krip is Hong Kong’s most comprehensive, personalized and centralized credit card deals and offers platform, empowering consumers to spend smarter with innovative technology and information transparency. With over 6,000 credit card deals and offers, 3,000 merchants and 500 credit and debit cards listed, krip is the go-to place for consumers looking to get the most out of their cards. krip is backed by the Cyberport Incubation Programme and was recognized by the Hong Kong SAR Government in ICT Awards 2023, achieving Award of the Year and Fintech Grand Award, being the first fintech company to win the overall award since its inception.

Panduit Wins Asia Responsible Enterprise Award 2025 for Empowering Youth through Skills Development

SINGAPORE, July 23, 2025 /PRNewswire/ — Panduit Corp has been awarded the prestigious Asia Responsible Enterprise Award (AREA) 2025 under the Social Empowerment category for its flagship initiative, the APAC Skills Change Lives Campaign. Presented by Enterprise Asia, the award recognizes Panduit’s outstanding contributions in bridging the skills gap and advancing youth empowerment across the Asia-Pacific region.

AREA Award 2025
AREA Award 2025

Experience the full interactive Multichannel News Release here: https://www.multivu.com/panduit/9345351-en-panduit-wins-asia-responsible-enterprise-award-2025-for-empowering-youth-through-skills-development

Panduit, a leading global manufacturer of high-quality electrical and network infrastructure, launched the APAC Skills Change Lives Campaign in response to rising youth unemployment and a growing skills mismatch in the Asia-Pacific region — an issue magnified in the post-COVID digital economy. Through strategic partnerships with educational institutions, industry leaders, and government agencies, Panduit empowers students with vocational education, technical training, and real-world experience to thrive in a fast-evolving job market. The campaign began in Singapore and has since expanded to China and Japan, creating sustainable opportunities for youths across the region.

The initiative is built on four key pillars: technical training centres, online learning platforms, skills competitions, and internships. Notable efforts include two state-of-the-art labs at ITE College East in Singapore, a simulated data center at Shanghai Zhonghua Vocational School, and support for youth skills forums in Japan. Students benefit from industry-relevant instruction, real-world experience, and access to Panduit’s online learning platform.

The program also sponsors major skills competitions such as WorldSkills Singapore and WorldSkills ASEAN, giving students opportunities to gain national recognition and boost their career readiness.

“We are honored to receive the AREA 2025 award. This recognition reinforces our belief that investing in youth skills is a powerful way to uplift individuals and communities,” said Mr. Harry Woo, Managing Director and Senior Vice President (Asia Pacific) of Panduit Singapore.

Expanding Impact Across APAC

Looking ahead, Panduit aims to expand the campaign into more Asia-Pacific markets, with a focus on underserved youth. Plans include opening new training centers, enhancing digital learning access, and tailoring programs to local workforce needs. The goal: to equip the next generation with in-demand skills in network infrastructure, smart manufacturing, and digital technologies — building sustainable careers and inclusive economies.

Why Panduit Was Recognized

Enterprise Asia selected Panduit for this award based on the campaign’s lasting social impact and its strong alignment with six United Nations Sustainable Development Goals (SDGs). The company’s ability to align business expertise with community needs set it apart. The campaign demonstrates a clear commitment to:

  • Quality Education (SDG 4) – through hands-on and digital learning
  • Decent Work & Economic Growth (SDG 8) – by enhancing employability
  • Industry, Innovation & Infrastructure (SDG 9) – via technical excellence
  • Reduced Inequalities (SDG 10) – by targeting underserved communities
  • Sustainable Cities & Communities (SDG 11) – through local talent development
  • Partnerships for the Goals (SDG 17) – via cross-sector collaboration

Enterprise Asia commended Panduit for setting a benchmark in how business can be a force for good—using innovation not only to lead markets but to uplift lives and strengthen the social fabric of the Asia-Pacific region.

More information can be found on the official AREA website: PANDUIT CORP | Asia Responsible Enterprise Awards

About Panduit

Panduit is a leading global manufacturer of high-quality electrical and network infrastructure and connectivity solutions. Operating from our headquarters in Tinley Park, Ill., USA, and across 112 worldwide locations, we drive innovation through strategic R&D investments and breakthrough product development while providing seamless global support and service. Since 1955, our commitment to our customers and partners has remained constant. And together, with them, we create exceptional solutions that support their businesses in a way that’s good for them and good for the world. Panduit is making connections that matter. For more information, visit www.panduit.com.

EDXM International’s New Perpetual Futures Platform Goes Live

Virtu Financial, LTP, Hidden Road Partners, DV Chain, CoinRoutes, and Amber Group included in partner ecosystem to provide deep liquidity and competitive pricing to institutional market participants at launch

SINGAPORE, July 23, 2025 /PRNewswire/ — EDXM International today announced that its new perpetual futures exchange is now live. The exchange is purpose-built for institutional traders pursuing capital-efficient crypto strategies and deep liquidity. EDXM International clients can now trade perpetual futures contracts across 44 trading pairs, including Bitcoin, Ethereum, Solana and XRP.

Backed by many of the world’s leading financial institutions and venture capital firms, EDXM International equips institutional traders and other market participants with high-performance infrastructure designed to minimize collateral requirements. Its perpetual futures trading venue leverages the latest technology to improve trade execution using the company’s in-house, proprietary matching engine to further low-latency digital assets trading. In addition to better trade execution, EDXM International’s pricing consistently outperforms incumbent crypto exchanges, with the cost to trade better or on par with global Tier 1 exchanges.

EDXM International also features Smart Collateral Management (“SCM”), an innovative solution for liquidity providers to quote on multiple markets in the most capital-efficient way possible without compromising risk exposure on the venue. SCM is unique and EDX International is the first crypto venue to offer this kind of solution.

“This launch represents a major milestone in shaping a more efficient and accessible digital assets ecosystem for the industry,” said Kal Chan, Managing Director, EDXM International. “We’re addressing long-standing barriers to institutional participation by reducing collateral requirements and offering deep, consistent liquidity. There is significant pent-up demand for digital assets in the region, and our perpetual futures platform marks just the beginning of our commitment to building the robust market infrastructure that institutions need to trade with confidence.”

The new venue is supported by an integrated network of top-tier liquidity providers, prime brokerage and OEMS partners, including Amber Group, CoinRoutes, DV Chain, Hidden Road Partners, LTP, and Virtu Financial. These institutional partners play a critical role in setting up a solid market foundation, contributing liquidity and supporting overall trading activity and platform efficiency.

“Virtu’s focus has always been on providing transparent, deep liquidity across asset classes, and we’re pleased to support EDXM International’s new platform as it enhances institutional access to digital assets,” said Brett Fairclough, co-president and co-chief operating officer at Virtu Financial. “EDXM International’s innovative use of smart collateral management sets a new standard for capital efficiency in crypto.”

“EDXM International’s venue aligns with our mission to deliver integrated, full-service prime brokerage solutions for the digital asset ecosystem,” said Jack Yang, Founder and CEO at LTP. “We’re pleased to be among the first to go live, where we will enhance market activity and drive essential liquidity for institutional clients who demand transparent, secure, and sophisticated access to digital assets.

“With institutional demand for sophisticated, secure digital asset trading products continuing to grow, the launch of EDXM International’s perpetual futures exchange represents an advancement in market infrastructure,” said Michael Higgins, International CEO and Global Head of Corporate Development for Hidden Road. “Our modern prime brokerage platform is purpose-built to provide market participants with the tools and support required for efficient, institutional-grade access to digital assets, and we look forward to servicing EDXM International and Hidden Road’s joint clients as they engage with the venue.”

“As a leading global market maker, we see the launch of perps on EDXM International as a meaningful step forward in market maturity,” said Michael Herman, Head of APAC at DV Chain. “We’re proud to support this next phase and remain committed to advancing liquidity, accessibility, and institutional-grade infrastructure in digital assets.”

“We’re proud to support the launch of EDXM International’s perpetual futures platform, which reflects the next evolution of institutional digital asset trading. At CoinRoutes, we believe in empowering clients with faster, and cheaper execution, and EDXM’s infrastructure aligns seamlessly with our mission,” said Ian Weisberger CEO of CoinRoutes.

“We’re excited to support EDXM International’s launch as it brings a new level of performance and reliability to digital asset trading,” said Luke Li, Co-Founder and Head of Markets at Amber Group. “Its institutional-grade infrastructure and focus on capital efficiency resonate strongly with our mission to help shape a more mature and accessible market for institutional participants globally.”

About EDXM International

EDXM International is a fast-growing digital asset trading venue for institutional clients that leverages best practices from traditional financial markets on a purpose-built crypto platform. EDXM International’s robust liquidity environment, modern technology and nonconflicted business model are designed to meet the needs of both crypto-native firms and the world’s largest financial institutions. EDXM International is a subsidiary of EDX Markets Holding Company Inc.

About EDX

EDX is a digital asset technology firm that combines an institution-only trading venue with a central clearinghouse. EDX Markets, our flagship marketplace, is designed to emulate the world’s most sophisticated exchanges, with deep liquidity, firm prices and low trading costs. EDX has structured its business to minimize risk for its members while providing a diverse array of operational and capital efficiencies. Backed by some of the world’s leading trading and venture capital firms, EDX is actively developing new features and expanding its geographic presence to deliver trusted, liquid and efficient crypto trading experiences for all institutions. To learn more, visit edxmarkets.com.

Media Contact

Forefront Communications
Jberlin@forefrontcommunications.com

Disclaimer: 

EDXM International is not regulated by MAS and is different from the exempted entity EDXM Global Pte. Ltd.

EDXM International’s products and services are not available for persons or entities in US, EU and UK and any marketing done is not directed at persons or entities based in US, EU and UK.

All services and products of EDXM International are only directed toward professional investors or accredited investors or expert investors with sophisticated understanding of underlying risks.

European poultry at WOFEX 2025: The EU champions quality, sustainability, and transparency

MANILA, Philippines, July 23, 2025 /PRNewswire/ — The European poultry sector will mark its presence at this year’s World Food Expo (WOFEX) on 6–9th August in Manila. As one of the region’s most renowned food industry trade fairs, WOFEX attracts tens of thousands of visitors, including food professionals and individual consumers.

As part of the “European Poultry – From Our Farms to Your Table” campaign, co-financed by the European Union, a press event will be held on 7 August, bringing together media representatives, industry experts, and key stakeholders. The event will highlight the campaign’s objectives and its message to the Filipino market.

In response to rising consumer expectations and growing demand for transparency across the supply chain, the European Union emphasizes more than just taste and nutritional value. European poultry is synonymous with high standards, sustainable development, and modern technology. The three-year campaign in the Philippines aims to raise awareness of the quality and responsibility inherent in EU food production.

European poultry production stands out globally for a range of innovative solutions and practices:

  • commitment to circular economy principles
  • reduced consumption of natural resources—up to 50% less than in past decades
  • investments in automation and smart energy solutions
  • focus on animal welfare and support for local communities
  • comprehensive effort to minimize food waste across the supply and distribution chain

The EU’s presence — including Poland — at WOFEX 2025 is a strategic step toward positioning European poultry as a high-quality, safe, and ethical product. The campaign targets both Filipino importers and distributors, as well as consumers who are becoming increasingly attentive to the origin and quality of the food they purchase. 

The Philippines offers tremendous potential for European producers. With a rapidly expanding middle class and growing demand for certified, high-quality protein, European poultry is well-positioned for long-term success. The project is being implemented by an industry organization from Poland: the National Poultry Council – Chamber of Commerce, acting on behalf of the European poultry sector. 

Learn more:  www.eupoultry.eu
Media inquiries: pressoffice@eupoultry.eu

The project is being implemented by an industry organization from Poland: the National Poultry Council – Chamber of Commerce, acting on behalf of the European poultry sector.

/DISREGARD RELEASE: SPX FLOW, INC./

We are advised by SPX FLOW, INC. that journalists and other readers should disregard the news release, Junlebao Chooses APV to Expand Shelf-Stable Milk Capacity into Southern China, issued 09-July-2025 over PR Newswire.

Gunna, Asake to Headline Afro+ Fest–D.C.’s First Festival for Global Black Music, Aug 31

LINK TO ASSETS

WASHINGTON, July 23, 2025 /PRNewswire/ — Afro+ Fest, the East Coast’s first large‑scale festival celebrating the full spectrum of global Black music and culture, will debut Sunday, August 31, 2025, at RFK Festival Grounds in Washington, D.C. The inaugural lineup features superstar headliners Gunna and Asake, leading a cross‑continental roster of A‑list talent for an expected crowd of 20,000 fans.

Powered by the ethos “Africa, plus more,” Afro+ Fest offers a one‑day, all‑ages experience that honors both the future and the legacy of Black music—hip‑hop, Afrobeats, soca, dancehall, R&B and amapiano—alongside immersive art installations, global cuisine, fashion activations and a marketplace of Black‑owned brands and local creators.

2025 Lineup Highlights

  • Gunna
  • Asake (closing the festival)
  • Gabzy
  • DJ Tunez
  • Foggie Raw
  • Machel Montano
  • Ricky Platinum
  • Shatta Wale
  • Shenseea
  • TXC
  • Uncle Waffles
  • Wande Coal
  • Special Guest: Shy Glizzy (D.C.’s own hometown hero)

A Founder’s Vision 
“This is the block party we’ve dreamed about for a decade,” said founder and executive producer Michael Awosanya. “With the support of Mayor Muriel Bowser and Events DC, Afro+ Fest is bringing the full diaspora to RFK—music, food, culture—driven by the people and sounds that shape us.”

What began as a college dream has grown into a cultural movement—created by and for the communities that have defined Black music worldwide. On August 31, Afro+ Fest is set to become Washington, D.C.’s boldest new tradition. “The festival’s impact will be felt not only through the music, but in the real opportunities it creates for local businesses and visionaries,” Awosanya added.

Festival Details

PRESS & MEDIA CREDENTIALS
For all media inquiries, including requests for press credentials, hi-res images, artist bios, site maps, and sponsor materials, accredited journalists and creators are invited to contact Asma Amani of Asma Amani PR at asma@asmaamanipr.com or +1 (703) 286-9084.

About Afro+ Fest
Afro+ Fest is the East Coast’s first large-scale festival dedicated to the full spectrum of global Black music and culture. Founded by DMV-area creatives and community leaders, Afro+ Fest aims to amplify Black sounds, unite the diaspora, and foster economic and creative opportunity through music, art, and entrepreneurship. It is a gathering where every member of the diaspora—and every ally who loves Black creativity—can come together in joyful celebration.

Frost & Sullivan Ranks Armor Defense a Global MDR Leader for Securing Regulated Cloud Workloads

DALLAS, July 23, 2025 /PRNewswire/ — 2025 Frost Radar™ Managed Detection and Response highlights Armor‘s role in helping FinTech, HealthTech and SaaS innovators meet compliance demands while scaling securely in the cloud. 


While Armor pioneers AI innovation, this press release is 100% human-intelligence – how refreshing. 

Following a rigorous evaluation of over 120 MDR vendors globally, Frost & Sullivan placed Armor in the top 20 leading the charge. Armor stood out for its proven ability in securing cloud-first and highly regulated industries – landing its debut in the Frost Radar™ through SOC transparency, pre-emptive defense, and an ironclad Armor Enterprise Cloud offering.   

As highlighted by the author of the report, Lucas Ferreyra, Senior Industry Analyst at Frost & Sullivan:  

“Armor distinguishes itself in the MDR market with purpose-built for hybrid and multi-cloud environments. Its cloud-native foundation and strategic partnerships with Microsoft and Oracle give it a unique edge in securing regulated workloads.

Its agentic AI platform cuts mean time to respond dramatically and delivers fully explainable decisions. Combined with SOC transparency through its Nexus portal and backed by cyber warranty protection, Armor gives high-growth companies the security, control, and assurance they need to scale with confidence.”  

Key differentiators highlighted in the report include:   

  • Cloud-Centric and Risk-Aligned: Cloud-native organizations seeking agile, cost-effective, always-on protection benefit from Armor’s expertise and strategic partnerships with Microsoft and Oracle.  
  • Complete Customer Visibility:  Through the Nexus portal, Armor is redefining customer collaboration by consolidating threat intelligence, orchestration, and threat response into a single, real-time experience.   
  • Threat Mitigation at AI-Speed: Armor’s agentic AI platform, combined with SOC expertise can reduce mean time to respond. The lightweight Armor Agent empowers analysts with deep contextual insight and direct response capabilities.  
  • Simple and Accelerated Compliance: With pre-built security controls, Armor helps customers accelerate time to compliance, offering tailored support for regulated markets including healthcare, finance, energy and manufacturing.   

Armor’s inclusion in the Frost Radar™ for MDR follows a year of significant growth, product innovation, and commitment to helping companies safeguard their mission critical workloads while growing their business.  

Learn more about Armor’s security solutions and download a full version of the report here.  

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.   

 

MindHYVE.ai™ Launches Immersive New Website Showcasing the Future of Human-Aligned AGI

NEWPORT BEACH, Calif., July 22, 2025 /PRNewswire/ — MindHYVE.ai™, a leader in decentralized agentic intelligence, today announced the official launch of its newly reimagined website: https://mindhyve.ai. More than a digital refresh, the new site is an interactive portal into the architecture, ethics, and future-facing vision behind MindHYVE.ai™’s approach to AGI.

Mindhyve.ai - All Systems: Active
Mindhyve.ai – All Systems: Active

The website integrates immersive design, 3D modeling, and an AGI-native visual language — offering visitors a cinematic, thought-provoking experience that invites both exploration and imagination.

“We didn’t just design a website — we constructed an intelligence portal,” said Bill Faruki, Founder & CEO of MindHYVE.ai™. “It reflects the way our systems think: adaptive, spatial, and purpose driven.”

Key Features of the New Site

  • Immersive, Agentic Interface
    Inspired by the architecture of decentralized AGI, the new website features motion-responsive navigation, conceptual modules, and a visual language that mirrors agentic flow and reasoning.
  • Formal Introduction of MindHYVE’s Digital Specialists
    For the first time, the public is introduced to MindHYVE.ai™’s suite of digital agents, each designed to represent a core pillar of its intelligence ecosystem:
    • Arthur – reasoning & orchestration
    • Chiron – knowledge & memory
    • Justine – values & governance
    • Ava – human interface for learning & collaboration

These agents are rendered in 3D and featured throughout the site, bringing form and personality to MindHYVE’s internal architecture.

“By giving our digital specialists identity and visual presence, we’re turning the abstract into something relatable,” said Faruki. “It’s a foundational step in building trust in AGI.”

  • Concept-Led Storytelling
    Rather than focusing on products, the site emphasizes concepts, ethics, and intelligence strategy. Users can explore the logic behind MindHYVE.ai™’s design systems, the ethical parameters shaping its tools, and the long-term vision of AI for global good.
  • “AI for Good” Visual Ethos
    Every design element — from dimensional depth to ambient motion — is intentional. The AGI-centric design system underscores MindHYVE.ai™’s commitment to human-aligned, globally inclusive intelligence systems.

“We believe the future of AI must feel different, not just function differently,” Faruki added. “The site is our way of showing what that future could look like.”

Explore the Experience

Whether you’re a researcher, policymaker, partner, or curious learner, the new website offers a clear and compelling window into what’s next for AI — and how MindHYVE.ai™ is helping shape it.

Visit: https://mindhyve.ai

Media Contact
MindHYVE.ai™
Marc Ortiz
Email: marc.ortiz@mindhyve.ai
Phone: +1 (949) 200-8668
Website: www.mindhyve.ai