|By PR Newswire||
|August 27, 2014 02:00 AM EDT||
LONDON and FRANKFURT, Germany, August 27, 2014 /PRNewswire/ --
- ayondo's international expansion on course • Foundation laid for further growth •
In the course of their international expansion plans and the recent opening of a Singaporean office, the ayondo group announced today that it has received an additional SGD 5 million in funding from Singapore-based Private Equity group Luminor Capital.
The holding company, which operated as an investment group under the name Next Generation Finance Invest until April 2014, has invested in innovative companies and technologies in the financial technology space (FinTech) since 2008. In this high-growth area, the group aims to expand its share in the market and is paving the way for international expansion.
"We are extremely happy that Luminor continues to back our business plan after already investing CHF 5.5 million in January this year. The funds will enable us to implement our global B2B strategy as well as our Asia growth strategy. We continue to receive strong interest in our products from all over the world and we are very excited to be able to grow our partnership portfolio significantly," says Robert Lempka, CEO of the ayondo group.
ayondo is very well positioned with its business model and scalable solutions. The company already covers a broad spectrum of services in the Finance 2.0 field covering both retail and institutional sectors.
Dr Foo Fatt Kah, Managing Director of Luminor Capital adds, "We believe that Social Trading will be one of the key online financial services platforms of the future and ayondo is very well positioned to be one of the leaders in this field. The company has a dynamic and forward-looking management team and we are particularly excited about what we can achieve together in Asia."
The announcement of the new investment takes place one month after the opening of the Singapore office and seven months after Luminor Capital (http://www.luminorcapital.com.sg) became a significant stakeholder in the ayondo group.
The ayondo group invests in new technologies and high-growth business models that can achieve increased efficiency in the banking sector. Belonging to the portfolio of the holding company is the Social Trading provider ayondo GmbH, whose headquarters are in Frankfurt, as well as the broker ayondo markets Ltd. (formerly Gekko Global Markets), headquartered in London.
In 2013, ayondo was listed as one of the top 50 financial technology companies by FinTech ("FinTech 50").
Luminor Capital is a private equity fund manager based in Singapore. It currently manages 2 funds, Luminor Pacific Funds 1 & 2, and has a global portfolio of companies positioned in the growth sectors of the next decade. The funds' key philosophy is to invest with an important focus on the people that can take companies and technologies successfully forward.
Trade execution services are provided exclusively by ayondo markets Limited.
Spread Betting and CFDs are high risk investments and it is possible to lose more than your initial deposit. Spread Betting and CFDs are not suitable for all investors and you should ensure that you understand the risks involved and, if necessary, obtain independent financial advice to ensure that these products fit your investment objectives. Tax law can be changed or may differ if you pay tax in a jurisdiction other than the UK. ayondo markets Limited is a company registered in England and Wales under register number 03148972. ayondo markets Limited is authorised and regulated by the Financial Conduct Authority, FCA Register number 184333.
Social Trading services are provided exclusively by ayondo GmbH.
ayondo GmbH is protected by the liability of DonauCapital Wertpapier AG and is regulated by the BaFin.
Spread Betting is currently free from Capital Gains Tax (CGT) and there is no stamp duty. It should be noted that tax treatment depends on your individual circumstances and may be subject to change in the future.
SOURCE ayondo Holding AG
The buzz continues for cloud, data analytics and the Internet of Things (IoT) and their collective impact across all industries. But a new conversation is emerging - how do companies use industry disruption and technology enablers to lead in markets undergoing change, uncertainty and ambiguity? Organizations of all sizes need to evolve and transform, often under massive pressure, as industry lines blur and merge and traditional business models are assaulted and turned upside down. In this new da...
Oct. 9, 2015 12:00 PM EDT Reads: 289
Containers are revolutionizing the way we deploy and maintain our infrastructures, but monitoring and troubleshooting in a containerized environment can still be painful and impractical. Understanding even basic resource usage is difficult - let alone tracking network connections or malicious activity. In his session at DevOps Summit, Gianluca Borello, Sr. Software Engineer at Sysdig, will cover the current state of the art for container monitoring and visibility, including pros / cons and li...
Oct. 9, 2015 12:00 PM EDT Reads: 232
SYS-CON Events announced today that IBM Cloud Data Services has been named “Bronze Sponsor” of SYS-CON's 17th Cloud Expo, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. IBM Cloud Data Services offers a portfolio of integrated, best-of-breed cloud data services for developers focused on mobile computing and analytics use cases.
Oct. 9, 2015 12:00 PM EDT Reads: 731
The Internet of Things (IoT) is growing rapidly by extending current technologies, products and networks. By 2020, Cisco estimates there will be 50 billion connected devices. Gartner has forecast revenues of over $300 billion, just to IoT suppliers. Now is the time to figure out how you’ll make money – not just create innovative products. With hundreds of new products and companies jumping into the IoT fray every month, there’s no shortage of innovation. Despite this, McKinsey/VisionMobile data...
Oct. 9, 2015 12:00 PM EDT Reads: 223
Today’s connected world is moving from devices towards things, what this means is that by using increasingly low cost sensors embedded in devices we can create many new use cases. These span across use cases in cities, vehicles, home, offices, factories, retail environments, worksites, health, logistics, and health. These use cases rely on ubiquitous connectivity and generate massive amounts of data at scale. These technologies enable new business opportunities, ways to optimize and automate, al...
Oct. 9, 2015 12:00 PM EDT Reads: 172
Oct. 9, 2015 11:45 AM EDT Reads: 117
As the world moves towards more DevOps and microservices, application deployment to the cloud ought to become a lot simpler. The microservices architecture, which is the basis of many new age distributed systems such as OpenStack, NetFlix and so on, is at the heart of Cloud Foundry - a complete developer-oriented Platform as a Service (PaaS) that is IaaS agnostic and supports vCloud, OpenStack and AWS. In his session at 17th Cloud Expo, Raghavan "Rags" Srinivas, an Architect/Developer Evangeli...
Oct. 9, 2015 11:45 AM EDT Reads: 171
Oct. 9, 2015 11:30 AM EDT Reads: 162
There are many considerations when moving applications from on-premise to cloud. It is critical to understand the benefits and also challenges of this migration. A successful migration will result in lower Total Cost of Ownership, yet offer the same or higher level of robustness. Migration to cloud shifts computing resources from your data center, which can yield significant advantages provided that the cloud vendor an offer enterprise-grade quality for your application.
Oct. 9, 2015 11:30 AM EDT Reads: 258
Oct. 9, 2015 11:15 AM EDT Reads: 118
Oct. 9, 2015 11:15 AM EDT Reads: 129
Today air travel is a minefield of delays, hassles and customer disappointment. Airlines struggle to revitalize the experience. GE and M2Mi will demonstrate practical examples of how IoT solutions are helping airlines bring back personalization, reduce trip time and improve reliability. In their session at @ThingsExpo, Shyam Varan Nath, Principal Architect with GE, and Dr. Sarah Cooper, M2Mi's VP Business Development and Engineering, will explore the IoT cloud-based platform technologies driv...
Oct. 9, 2015 11:15 AM EDT
SYS-CON Events announced today that Sandy Carter, IBM General Manager Cloud Ecosystem and Developers, and a Social Business Evangelist, will keynote at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA.
Oct. 9, 2015 11:15 AM EDT
Containers have changed the mind of IT in DevOps. They enable developers to work with dev, test, stage and production environments identically. Containers provide the right abstraction for microservices and many cloud platforms have integrated them into deployment pipelines. DevOps and containers together help companies achieve their business goals faster and more effectively. In his session at DevOps Summit, Ruslan Synytsky, CEO and Co-founder of Jelastic, will review the current landscape of...
Oct. 9, 2015 11:12 AM EDT
The IoT market is on track to hit $7.1 trillion in 2020. The reality is that only a handful of companies are ready for this massive demand. There are a lot of barriers, paint points, traps, and hidden roadblocks. How can we deal with these issues and challenges? The paradigm has changed. Old-style ad-hoc trial-and-error ways will certainly lead you to the dead end. What is mandatory is an overarching and adaptive approach to effectively handle the rapid changes and exponential growth.
Oct. 9, 2015 11:00 AM EDT Reads: 126