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Minuteman Press Franchise in Gastonia, NC Has Grand Opening for New Father-Son Team Tony & David Marder

Minuteman Press International Inc

Tony and David Marder are the new owners of the Minuteman Press franchise in Gastonia, NC. In January of 2023, Tony and David purchased Minuteman Press in Gastonia from retiring owners Pam and Bill Joles, who owned the business for nearly 32 years since July of 1991. On Thursday, May 25, 2023, Tony and David held their official Grand Opening at their shop located at 495 East Long Avenue in Gastonia. The event was sponsored by the Gaston Business Association and had a fiesta theme that included margaritas, festive appetizers, a food truck, and a mariachi band. There were also plenty of raffles as well as a ribbon-cutting ceremony that served as a celebration of Tony and David’s new venture while Pam and Bill were also in attendance to help pass the torch. In the below interview, Tony shares how he and David originally came into contact with Pam and Bill, and how that relationship grew to the point of purchasing the business. Tony also shares how he’s been building his business since the purchase and why print is so vital today. You purchased the business after working in the shop for a couple of years. What were your roles/experiences as employees and what drove you to buy the business? Tony Marder: “Interestingly, even before working in the shop, Pam and Bill Joles were previous coaching clients. We met via our local BNI and Chamber memberships. At the time, I focused my business coaching with family-owned businesses and Pam and Bill engaged me to assist. I noticed how they were avid readers and spent focused time on goal-setting and systemization. Just before and during the pandemic closures, I asked if they needed someone very part time for deliveries or light finishing work to fill some of my open schedule. At some point in early 2021, I asked Bill ‘how he intended to land this thing’ and he said, “Why? You want to buy a business?” My answer was, “Absolutely not!” But an hour later I mentioned that I felt this may be a good fit for me and my son David, whom I know to be very adept and resourceful with machines and computers and technology in general. David joined the team as print production specialist in May of 2021 specifically to learn the finishing work. Having a bit of a graphics background didn’t hurt either and he quickly added pre-print typesetting and other aspects of pre-print work to his overview. Knowing this was a good fit and having almost two years of on-the-Job experience with Pam and Bill made it a much easier decision for us to move forward.” What has the support from Minuteman Press International been like for you? Tony Marder: “Having experience with franchise teams, I expected the support system to be there. I was especially impressed with the FLEX software and the strength of the training and process protocols. The local team made the transition easy and the Home Office training team is concise and thorough. Every call or need is quickly handled and everyone jumps in to help with urgency as needed.” How do you describe your business and capabilities to potential clients? Tony Marder: “We can produce anything that can be printed or find someone in our organization that can; we will produce and deliver quickly high quality work that helps them run or grow their business or organization.” What are the high-demand products and key growth areas? Tony Marder: “Our most requested items are business cards, forms, labels, stickers, letterhead and envelopes, booklets, manuals, newsletters and mailings. We would like to feature more mailings, interior signage, posters, decals and graphic design.” What are some of the key ways you’ve grown your business since taking over in January of 2023? Tony Marder: “Relationship marketing via phone and face to face direct marketing to existing and past clients, as well as SEO/SEM Marketing, active membership in the local chamber and Rotary. Planning now for future postcard mailings featuring postcard mailing as well as special promotions.” How would you best describe your community? Tony Marder: “We have a small but dedicated and loyal community. We are a volunteer and philanthropic community of diverse folks raising families and enjoying our corner of the world. We have a lot of natural resources that draws a wide range of individuals to the area spanning entrepreneurs, professionals, service-related businesses and manufacturers. We enjoy the closeness of the Charlotte, NC Metro area without the cumbersome things that make larger cities less attractive. Around here we say that ‘we don’t tell anybody about it, but if they find it on their own then it’s perfectly okay with us.’” Why do you think printing remains so vital to businesses today? Tony Marder: “Print is everywhere. I can’t go anywhere without seeing print in action. Every business or organization uses print at some level; either to run or grow their business. I feel email and social media marketing has its place but lacks a personal touch or relationship that could be developed. Print solidifies other marketing sources and cements brand recognition. People read, so giving them something to read is the best way to keep them engaged.” What are the biggest rewards of owning your business? Tony Marder: “This is a cashflow business with a lot of upside potential. Cash is certainly king when it comes to owning your business and this one is no different. Personally, I’m in it to help my son secure a future and continue to provide inspiration for the team. I’d like to see us increase what we can give back to our community and find more ways to engage the public.” What advice would you give to other business owners right now? Tony Marder: “Attract and hire people smarter than you, then get out of their way and give them room to shine. Find a mentor who has documented experience with the legal, financial and accounting arenas and do not resist being pushed closer to the fire. Get in there and get it done.” For more information about Minuteman Press in Gastonia, NC, visit https://minuteman.com/us/locations/nc/gastonia/ Learn more about #1 rated Minuteman Press franchise opportunities at https://minutemanpressfranchise.com Contact Details Minuteman Press International Chris Biscuiti +1 631-249-1370 cbiscuiti@mpihq.com Company Website https://minutemanpressfranchise.com

June 02, 2023 10:00 AM Eastern Daylight Time

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Antitrust Regulations: FiscalNote (NYSE: NOTE) Shows Business Owners How To Stay Ahead Of Impending Law Changes

Benzinga

By Jad Malaeb, Benzinga In today's rapidly evolving business landscape, staying informed about regulatory changes is crucial for organizations. FiscalNote (NYSE: NOTE), a leading market intelligence platform, offers comprehensive solutions that keep business owners up to date on all regulations that could impact their operations. Rachel Kirkland, an expert in antitrust laws and their effect on the economic environment, has written about the subject on the FiscalNote blog. In her article, Kirkland delves into the basics of antitrust regulations and their potential impact on organizations, emphasizing the importance of remaining knowledgeable about these laws and how they evolve. Antitrust laws aim to safeguard the free market, promote consumer benefits and prevent larger companies from abusing their power to eliminate competition from smaller entities. The foundation of antitrust policy lies in four milestone acts, three of which have existed for over a century. The Sherman Antitrust Act of 1890 prohibits monopolies and establishes free competition. The Clayton Antitrust Act of 1914 defines unethical business practices, while the Federal Trade Commission Act of 1914 established the Federal Trade Commission as a key enforcer of antitrust policy. The Hart-Scott-Rodino Antitrust Improvements Act of 1976 requires all parties to report large transactions to government bodies for review. While the pressure on big tech companies to avoid anti-competitive practices has grown, the adoption of new antitrust legislation remains uncertain. Keith N. Hylton, a professor of law at Boston University, highlights the challenges in writing industry-specific antitrust laws without affecting other sectors. Several proposed bills aimed at regulating Big Tech, such as the American Innovation and Choice Online Act and the Open App Markets Act, have not yet reached a full vote due to differing opinions and lobbying efforts. The enforcement of antitrust laws has evolved with policy shifts and changes in recent times. Economic stress and the impact of the pandemic have prompted policymakers to reconsider the enforcement of antitrust regulations to enhance the resilience of the American economy. The Biden administration has taken a more aggressive approach, issuing an executive order to address abuses of power and involving multiple government agencies in regulatory roles beyond the DOJ and FTC. Government affairs professionals must understand antitrust policies and compliance, as the current administration emphasizes competition in every industry to improve Americans' lives. Antitrust goes beyond mergers, acquisitions and price points; it also encompasses issues such as fair wages and avoiding policies that disproportionately affect marginalized communities when competition is stifled. Compliance with antitrust laws is crucial, and organizations should invest in training their employees to ensure they understand acceptable corporate practices. Staying informed about the ever-changing landscape of antitrust regulations is essential for organizations. FiscalNote provides a comprehensive solution that automatically alerts government affairs professionals to any changes in existing or upcoming policies and regulations. This platform connects professionals with the right stakeholders to protect their organization's interests and ensure compliance. Antitrust regulations continue to be a significant concern in government bodies, as recent developments such as Nvidia's soaring earnings and concerns about monopolization in the computer microchip industry have highlighted. Navigating the complexities of antitrust laws requires businesses to remain proactive and informed. FiscalNote offers a reliable resource to help organizations stay up to date with evolving regulations and ensure compliance. Click here to learn more. This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

June 02, 2023 09:45 AM Eastern Daylight Time

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FATHER’S DAY GIFTS – STYLISH TO FUN

News Media Group, Inc.

Contact Details Karl Wayne +1 334-440-6397 karl@newsmg.com Company Website https://newsmg.com/

June 02, 2023 06:00 AM Eastern Daylight Time

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ARway Corp announces platform now has compatibility across Magic Leap and HoloLens

ARway

ARway chief product officer Shadnam Khan joined Steve Darling from Proactive to share news the company has announced another upgrade to the platform that now allows compatibility with Magic Leap and Microsoft HoloLens. These are two key industry leaders in the future of AR smart headsets. Khan telling Proactive ARway's technology enables the accurate positioning of headsets in GPS-devoid environments that opens up immersive use cases where the hands-free capabilities of the user are important, such as manufacturing, field services, warehouses, and other industrial environments. The compatibility with Magic Leap and HoloLens provides ARway with a new go-to-market channel, enabling cross-platform collaboration and generating more revenue through diverse use cases. Contact Details Proactive Investors Canada +1 604-688-8158 na-editorial@proactiveinvestors.com

June 01, 2023 01:57 PM Eastern Daylight Time

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Dads and Grads Gift Ideas

News Media Group, Inc.

Contact Details News Media Group Jennifer Rivera +1 954-667-9647 jrivera@newsmg.com Company Website https://newsmg.com/

June 01, 2023 11:15 AM Eastern Daylight Time

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ToolsGroup Welcomes Catherine Sigmar as Chief Legal Officer and Promotes Sahil Gupta to Chief Product Officer

ToolsGroup

ToolsGroup, a global leader in retail and supply chain planning and optimization software, announces the recent appointment of its new Chief Legal Officer, Catherine Sigmar, and the promotion of Sahil Gupta to Chief Product Officer. As Chief Legal Officer, Catherine will develop ToolsGroup’s in-house legal department, implementing a globally consistent strategy and aligning best practices across ToolsGroup’s expanding ecosystem. Before coming to ToolsGroup, Catherine served as Chief Legal Officer and VP of Strategy at Tecsys Inc., Chief Operations Officer at Entara Corp., and Managing Director at Intel, leading operations, strategy, and legal functions globally. She currently serves on the board of ProntoForms Corp and has served on the boards of Future Memory Inc. and RegistryPro. Concurrently, Sahil Gupta has been promoted to Chief Product Officer. As ToolsGroup continues to expand and develop its product offering, Sahil will oversee the overall product strategy and roadmap, and spearhead new initiatives across the portfolio. Prior to joining ToolsGroup, Sahil was founder and CEO of Onera, a provider of real-time inventory availability and fulfillment software solutions, which joined the ToolsGroup family in 2022. He has been instrumental in the successful integration of solutions such as Inventory Hub® into the ToolsGroup JustEnough® Dynamic Retail Planning & Execution suite. “ToolsGroup has seen amazing growth in the last year, thanks to our dedicated and knowledgeable team members and our industry-leading solutions,” said ToolsGroup CEO, Inna Kuznetsova. “We’re excited to welcome Catherine to the team and delighted to recognize Sahil’s continued contributions to ToolsGroup’s success. We’re thrilled to foster an environment that encourages and rewards professional development.” Interested in joining ToolsGroup’s international team? Check out our open positions here. About ToolsGroup ToolsGroup’s innovative AI-powered solutions enable retailers, distributors, and manufacturers to navigate through supply chain uncertainty. Our retail and supply chain planning suites empower a new level of intelligent decision making and unlock powerful business improvements in forecast accuracy, service levels, and inventory - delighting customers and achieving financial and ESG KPIs. Stay in touch with ToolsGroup on LinkedIn, Twitter, YouTube, or visit www.toolsgroup.com. Contact Details Meir Kahtan +1 917-864-0800 mkahtan@rcn.com Company Website https://www.toolsgroup.com

June 01, 2023 10:30 AM Eastern Daylight Time

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“ZK SZN” Continues with Symbiosis adding Polygon zkEVM Chain

Symbiosis

June 1, 2023 – Symbiosis, a cross-chain liquidity protocol, has announced that it will be adding the Polygon zkEVM chain to its platform. The addition of Polygon zkEVM will allow Symbiosis users to access a wider range of assets and DeFi protocols and enjoy lower fees and faster transactions. Polygon zkEVM is a Layer 2 scaling solution that uses zkRollups to provide Ethereum-compatible smart contracts with high throughput and low gas fees. This makes it an ideal platform for DeFi applications, as it allows them to scale without sacrificing security or interoperability. Benefits of Adding Polygon zkEVM to Symbiosis The addition of Polygon zkEVM to Symbiosis will offer several benefits, including: Increased liquidity: Polygon zkEVM is a popular Layer 2 scaling solution, and it offers a significant amount of liquidity. This will allow Symbiosis Finance users to access a wider range of assets and DeFi protocols. Lower fees: Polygon zkEVM offers significantly lower fees than Ethereum. This will make it more affordable for users to swap assets. Faster transactions: Polygon zkEVM transactions are significantly faster than Ethereum transactions. This will make it more convenient for users to use Symbiosis. Enhanced security: Polygon zkEVM uses zkRollups, which are a type of zero-knowledge proof that offers enhanced security. This will make Symbiosis more resistant to attacks. Overall, the addition of Polygon zkEVM to Symbiosis Finance is a major development that will offer many benefits to users. It is likely to help the protocol attract more users and grow its ecosystem. Symbiosis is the perfect solution for DeFi enthusiasts who want to swap any token with ease and transfer their assets across different blockchains. With just one click, any-to-any cross-chain operations are executed, providing competitive exchange rates and minimal transaction costs. *Disclaimer: Symbiosis does not offer financial advice. The content found on symbiosis.finance should not be regarded as a replacement for personalized cryptocurrency trading advice. The information provided on symbiosis.finance and through Symbiosis 's services should not be relied upon when making any decisions. Always exercise due diligence and come to your own conclusions. Contact Details symbiosis.finance Nick Avramov nick@symbiosis.finance Company Website https://symbiosis.finance/

June 01, 2023 10:00 AM Eastern Daylight Time

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Sekur Private Data, Ltd. (OTCQX: SWISF) (CSE: SKUR): A Well-Capitalized Swiss Fortress in the Cybersecurity Battle

Sekur Private Data, Ltd.

The cyber threat landscape continues to evolve at an alarming rate, with businesses, consumers, and organizations bearing the brunt of this escalating issue. The average cost of a data breach was $4.35 million in the last recorded year, marking the highest average on record, while the average cost of a ransomware attack was even higher at $4.54 million​​. Cyberattacks and ransomware have become increasingly rampant, with the number of ransomware attacks increasing by 93% year-over-year. It took organizations an average of 277 days, about nine months, to identify and contain a breach​. Notably, the growth of ransomware has contributed to the increase in attacks, with the threat of leaking exfiltrated data present in 86% of cases. Insider threats, either intentional or unintentional, accounted for 43% of all breaches​. Small businesses, organizations, and healthcare institutions are particularly vulnerable, with cybercriminals using AI and machine learning tools to attack and explore their networks. The growth of the Internet of Things is expected to create many new targets for these bad actors to exploit​​. According to Cybersecurity Ventures, the cost of cybercrime is predicted to hit $8 trillion in 2023 and will grow to $10.5 trillion by 2025​. One cybersecurity company that is focused on leveraging its innovative technology to assist these small businesses and organizations from cyber threats is Sekur Private Data, Ltd. (OTCQX: SWISF) (CSE: SKUR). What Makes Sekur Unique? With its sister company and infrastructure located in Switzerland, Sekur Private Data Ltd. is at the forefront of cybersecurity and internet privacy, offering a comprehensive array of Swiss-hosted solutions for secure data handling and communication. The firm provides an integrated suite of secure and private communication tools that include encrypted emails, VPN, encrypted messenger, and in Q4 2023, encrypted voice and video conferencing. These services are available for individual users, businesses, and governments across the globe. Sekur Private Data markets its products via its own websites: www.sekur.com, www.sekurvpn.com and through a network of authorized distributors and telecommunications firms worldwide. Sekur Private Data's unique selling proposition lies in its Swiss-centric approach to data storage. Unlike other providers that rely on third-party hyperscalers like AWS or Microsoft Azure cloud, Sekur Private Data hosts all client data on its own Swiss servers. The data is stored in an advanced ISO-certified data center in Switzerland, endorsed by Swiss banks. This ensures absolute confidentiality and safekeeping of all data, under the robust protection of Swiss Federal Data Protection Act (FADP) and the Swiss Federal Data Protection Ordinance. These stringent laws offer unparalleled privacy protection globally for individuals and organizations. Moreover, the data centers utilized by Sekur Private Data are also shared by Swiss and international banks, United Nations agencies, multinational corporations, and governmental bodies, thereby ensuring the highest standard of security and confidentiality. Furthermore, Sekur Private Data's commitment to safeguarding user data extends beyond adherence to Swiss privacy laws; it also incorporates military-grade security mechanisms. This includes physical and network security measures, as well as proprietary and non-open-source encryption, ensuring a secure environment for all information. By marrying non-open source, military-grade encryption security with Swiss data privacy, Sekur Private Data delivers unmatched safeguarding of its users' confidential information. The suite of products offered by Sekur Private Data is strategically designed to cater to consumers, as well as high-ranking executives and board members of large organizations, and high net-worth individuals who require enhanced levels of privacy and security in communications, such as emails and messaging. This dedicated focus on users with sensitive data requirements distinguishes Sekur Private Data from other cybersecurity providers. The economic stability, prosperity, and high-tech advancements of Switzerland further enhance Sekur Private Data's market position. Switzerland is acknowledged as one of the richest nations per capita, housing several multinational corporations. The Swiss economy is also recognized as one of the most competitive globally by the World Economic Forum's Global Competitiveness Report. In conclusion, Sekur Private Data presents an unrivaled blend of Swiss-based data storage, military-grade security, and a dedicated focus on users with enhanced privacy and security requirements. Coupled with Switzerland's robust economy and reputation for innovation, Sekur Private Data emerges as an unparalleled choice for individuals and organizations in search of the most comprehensive cybersecurity and privacy safeguards. Sekur Releases Q1 2023 Financials Showing a 50% Increase in Sales Y/Y, As Customer Acquisition Costs Plummet During the first quarter of 2023, Sekur Private Data, Ltd. reported revenue of C$131,739, which represents a 50% increase compared to Q1 2022 when the company reported revenue of C$88,035. At the same time, the company also greatly reduced its expenses year-over-year, thanks in part to the Sekur’s focus on streamlining its marketing and advertising strategy. This has allowed the company to see a dramatic decline in customer acquisition costs (CAC), which now stand around US$74 with some campaigns achieving US$28. Using this streamlined strategy, management says they plan to continue focusing on scaling their marketing efforts to increase the customer base while hopefully continuing to lower their CAC. Sekur Private Data continues to be very well-capitalized, with cash and equivalents of over C$3.29 million and a total asset count of over C$6.62 million. This provides ample fire-power for the company to continue its growth goals and improve its cybersecurity solutions in order to stay current with rapidly evolving cyber threats. As a result of new services, such as the SekurVPN, and the lowering of CAC, management estimates Sekur will generate solid sales growth in 2023. The SekurVPN product, which was launched in April 2023, has continued to see a strong start out-of-the-gate. The product, which is also now available in the Apple (NASDAQ: AAPL) Mac App Store, is prices at US$7.00 per month per user or at an annual price of US$70 per user. Furthermore, the VPN product is available globally and can be purchased is a wide-range of different currencies, such as USD, CAD, NZD, SGD, CHF, EUR, and GBP. Conclusion In the face of an increasingly complex cyber threat landscape, Sekur Private Data, Ltd. has positioned itself as a formidable champion of cybersecurity and privacy. With the escalating costs of data breaches and a surge in ransomware attacks, the need for advanced, reliable security solutions has never been more critical. Sekur, with its Swiss-based operations, offers a suite of secure communication and data handling tools, protected by robust Swiss privacy laws and enhanced by military-grade security measures. Its services are designed to meet the unique needs of consumers, as well as high-ranking executives, high net-worth individuals, and organizations in need of exceptional data protection. The company's Swiss location offers a strategic advantage, with Switzerland's prosperous, high-tech economy providing a strong backdrop. Amidst this backdrop, Sekur has recorded impressive financial growth. The first quarter of 2023 saw a 50% increase in sales compared to the same period in the previous year, and a considerable reduction in customer acquisition costs, owing to an effective marketing and advertising strategy. The company's robust financial position, with cash and equivalents exceeding C$3.29 million and total assets over C$6.62 million, puts Sekur in a strong position to continue its trajectory of growth and innovation in the cybersecurity field. With new services like SekurVPN, which has already seen strong uptake since its launch, Sekur is poised to maintain solid sales growth in 2023. Overall, in a world where cyber threats are evolving rapidly, Sekur Private Data offers an invaluable solution. By combining Swiss-based data storage, advanced security measures, and a targeted approach to catering to users with heightened privacy needs, Sekur stands out as a robust choice for those seeking the highest level of cybersecurity and privacy protection. Disclaimer: Spotlight Growth is compensated, either directly or via a third party, to provide investor relations services for its clients. Spotlight Growth creates exposure for companies through a customized marketing strategy, including design of promotional material, the drafting and editing of press releases and media placement. All information on featured companies is provided by the companies profiled, or is available from public sources. Spotlight Growth and its employees are not a Registered Investment Advisor, Broker Dealer or a member of any association for other research providers in any jurisdiction whatsoever and we are not qualified to give financial advice. The information contained herein is based on external sources that Spotlight Growth believes to be reliable, but its accuracy is not guaranteed. Spotlight Growth may create reports and content that has been compensated by a company or third-parties, or for purposes of self-marketing. Spotlight Growth was compensated two thousand dollars cash for the creation and dissemination of this content by the company. This material does not represent a solicitation to buy or sell any securities. Certain statements contained herein constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may include, without limitation, statements with respect to the Company’s plans and objectives, projections, expectations and intentions. These forward-looking statements are based on current expectations, estimates and projections about the Company’s industry, management’s beliefs and certain assumptions made by management. The above communication, the attachments and external Internet links provided are intended for informational purposes only and are not to be interpreted by the recipient as a solicitation to participate in securities offerings. Investments referenced may not be suitable for all investors and may not be permissible in certain jurisdictions. Spotlight Growth and its affiliates, officers, directors, and employees may have bought or sold or may buy or sell shares in the companies discussed herein, which may be acquired prior, during or after the publication of these marketing materials. Spotlight Growth, its affiliates, officers, directors, and employees may sell the stock of said companies at any time and may profit in the event those shares rise in value. For more information on our disclosures, please visit: https://spotlightgrowth.com/disclosures/ The Post " Sekur Private Data, Ltd. (OTCQX: SWISF) (CSE: SKUR): A Well-Capitalized Swiss Fortress in the Cybersecurity Battle " First Appeared On Spotlight Growth. Contact Details Sekur Private Data, Ltd. Spotlight Growth info@spotlightgrowth.com

June 01, 2023 06:00 AM Pacific Daylight Time

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Quona Capital’s 2022 Impact Report reveals global portfolio companies’ progress on United Nations Sustainable Development Goals (SDGs)

Quona Capital

Quona Capital, a venture capital firm investing in innovative fintech startups in emerging markets, has released its 2022 Impact Report, which showcases the measurable impact its investments have made on financial inclusion. The report highlights the progress its portfolio companies have made in helping underserved individuals and small businesses access affordable and reliable financial services. The complete report is available at https://tinyurl.com/bddxmnyc Quona’s 2022 Impact Report reveals that since the firm’s inception in 2015: Quona has made investments in 72 leading fintech companies across India and Southeast Asia, Latin America, Africa and the Middle East Together, these portfolio companies have touched more than 144.5 million customers’ lives, 79% of which were underserved. These investments generated over $1.5 billion in revenue in 2022 alone, bringing significant social and economic benefits, including increased access to financial services, job creation, and improved financial health for individuals and communities. The report also underlines Quona's continued commitment to investing in the financial technology sector with a focus on driving greater financial inclusion and impacting positive change in developing economies. By working hand in hand with founders and entrepreneurs to scale transformative fintech businesses, Quona demonstrates its ability to help create impact at scale. “Since our first check, we have remained deeply committed to investing in startups that are tackling some of the world’s most challenging problems,” said Monica Brand Engel, co-founder and managing partner at Quona. “Today our investments span a wide range of fintech solutions—including digital payments, lending, insurance, embedded finance and other financial services—that leverage technology to eliminate barriers to access.” The firm’s approach to investing, which generates insights across geographies from companies with common themes, such as embedded finance, logistics, and more—enables it to bring important perspectives to founders. The impact report features individual case studies that illustrate the impact of Quona's investments: For example, Klar, a challenger bank increasing access to financial services for people in Mexico, found that 49% of its customers used it to access formal financial services for the first time through its platform, and that 25% of its customers were female. Khazna, a digital super app offering formal credit to Egypt’s 20 million underbanked consumers, found that 82% of customers were accessing such a product for the first time through its app, and that 60% associated financial access with quality of life improvement. “Khazna helped me to feel calmer regarding my financial situation despite goods and services getting higher everyday,” noted one customer. “We are proud of the impact our portfolio companies have made in reaching underserved populations in a post-pandemic world,” added Jonathan Whittle, co-founder and managing partner. “We remain committed to supporting entrepreneurs who are leveraging technology to advance financial inclusion, and we look forward to continuing to attract capital to this important work.” Ganesh Rengaswamy, co-founder and managing partner added, “When you realize the impact that getting access to financial services can have on so many consumers and MSMEs across the globe, it’s astonishing. It’s a great privilege to work with so many founders who are determined to make a difference in the world.” About Quona Quona Capital is a venture firm focused on fintech that can expand access for underserved customers and small businesses in emerging markets including Africa and the Middle East, India and Southeast Asia, and Latin America. Quona’s global partners are experienced investors and operators in both emerging and developed markets, and back entrepreneurs whose companies have the potential to generate financial returns while promoting breakthrough innovation in financial inclusion for both consumers and SMEs. More: https://quona.com/ Contact Details Quona Capital Shannon Austin +1 703-338-8813 shannon@quona.com Company Website https://quona.com/

June 01, 2023 08:00 AM Eastern Daylight Time

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