Zilch Acquires Fjord Bank with its European Expansion

Zilch to Acquire Fjord Bank to Kickstart European Expansion (Image Courtesy: Business Wire)

Zilch, one of the consumer payments platforms powering the future of commerce, recently announced it has signed an agreement to acquire AB Fjord Bank, a Lithuania-based bank with approximately USD 120M in total assets that is authorised and regulated by the Bank of Lithuania and the European Central Bank. The acquisition will represent a major […]

Kioxia Samples UFS 4.1 Embedded Flash for Automotive Use

Kioxia Samples UFS 4.1 Embedded Flash for Automotive Use

Kioxia Corporation, one of the world leaders in memory solutions, on July 31, announced that it has begun sampling new Universal Flash Storage (UFS) Ver. 4.1 Embedded memory devices designed for automotive applications. Engineered to meet the rigorous demands of next-generation in-vehicle systems, these new devices deliver significant performance, flexibility, and diagnostic enhancements – powered by Kioxia’s […]

Seveno Capital Invests USD 70mn from Allen Law in A Cabin Company

Seveno Capital's Princpal Allen Law has committed to invest US $70m over five years in companies with the holistic potential to extend the human health span. Allen Law is a Singapore-based investor and entrepreneur who is best known as Founder of Park Hotel Group, co-Founder of MOVE[REPEAT] and Chairman of REVL Training. (Photo Courtesy: Business Wire)

Venture capital fund Seveno Capital has launched by making an inaugural investment in its mission to back early and growth-stage ventures that have the holistic potential to extend the human health span: the period of life during which a person can expect to enjoy good health. Seveno Capital will draw from a five-year USD 70m investment commitment […]