NITDA to host Blockchain Day at Digital Nigeria 2022

LAGOS, NG, Oct 1, 2022 – (ACN Newswire) – The National Information Technology Development Agency (NITDA), under the Federal Ministry of Communications and Digital Economy, in partnership with Domineum Blockchain Solutions, a leading Distributed Ledger Technology Company in Africa, is set to host a one-day National digital economy awareness event: BLOCKCHAIN DAY will take place on 26th October, during the annual Digital Nigeria International Conference and Exhibition (Digital Nigeria 2022), happening from the 25th to 27th October. An audience of over 2000 Blockchain enthusiasts is expected in Abuja.



Digital Nigeria 2022 is taking place at the International Conference Centre in Abuja, Nigeria. The theme for this year's conference is Digital Transformation: A Path to Sustainable Digital Economy, chosen to stimulate discussion on how the economy could benefit from digital technologies to create value. The objective is to Promote digital transformation, Digital inclusion, Emerging technologies, Data Protection, Innovation, and Entrepreneurship in Nigeria.

BLOCKCHAIN DAY will focus on scaling the blockchain ecosystem, with opportunities and best use cases from Africa and around the globe. Special focus will be given to Nigeria, a country blessed with talented people and over 200 million potential smart technology experts. BLOCKCHAIN DAY targets hosting 2,000 participants, global speakers, leaders and great personalities in the Blockchain industry. The conference will provide a platform for networking, co-creation and collaboration, sharing experiences, mentorship and knowledge circulation, stimulating conversation on emerging technology and incentives, with experts for tech startups.

Mr. Kashifu Inuwa, Director-General of NITDA, said "There are a lot of opportunities in Blockchain, and it is critical in every business. Talent is the human component of technology and innovation, with Blockchain and emerging technologies being about the new solutions they are bringing on board. So, you need to task yourself to know which solutions or offerings the industry requires."

Mr. Mohammed Ibrahim Jega, co-founder Domineum said, "Blockchain is a technology that houses Cryptocurrency and other compelling ideas. It is important to demystify it, enable young people to get a proper grasp and expose themselves to this game-changing technology, and to take advantage of the numerous opportunities it presents."

Over the past years, emerging economies have leapt to the forefront of blockchain adoption, with Nigeria being one of the frontrunners. The "Giant of Africa," as proudly called, is making great strides in the adoption of blockchain technological innovation. According to a survey conducted by Statista in 2020, 32% of Nigerians have admitted to using or owning cryptocurrencies, the sheer numbers of which are perfect consideration when exploring Nigeria's affinity for taking advantage of blockchain technology.

Digital Nigeria International Conference will provide a power-packed agenda and activities such as Keynote Speaking, Panel discussions, Fireside Chat, Training Sessions, Guest Speaking, Presentations, Pitch sessions, Question and Answer Sessions, an Exhibition and Networking, and One-on-one interactive workshop for attendees with global industry leaders.

Top speakers at the conference are Inuwa Kashifu Abdullahi (DG NITDA); Prof. Isa Pantami, The Minister of Communications and Digital Economy; Ray Sharma – General Partner, Pacer Ventures; Mr. Mohammed Ibrahim Jega – Co-Founder, Domineum; Ahmed Yousif – Lead, BSV Blockchain; Ray Youssef – Founder and CEO, Paxful; Lorien Gamaroff – CEO, Centbee; James L. Sisneros – Founder & CEO, The Possibility Company; Geoffrey Weli-Wosu – Founder & CEO, Domineum Blockchain Solutions Ltd; Simit Naik – Director, Commercial & Strategy, nChain; Faith C. Titus – Founder & CEO, Sonergy Data Technologies; Dr. Usman Gambo Abdullahi – Director, IT Infrastructure Solutions, NITDA; Dr. Rislan A Kanya – DVC IT Research & Innovation, Baze University; and many others.

Online registration for the conference is welcome, visit https://www.digitalnigeria.gov.ng/register/
BLOCKCHAIN DAY is powered by DOMINEUM. For more information, call: +23 490 9557 7775
For partnerships and sponsorship opportunities please write to: business@domineum.io

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Think Equity: Society Pass (Nasdaq: SOPA) – Initiating Coverage on Digital Commerce Platform for Southeast Asia with Upside Potential

NEW YORK, Sep 29, 2022 – (ACN Newswire) – Think Equity, LLC ("Think Equity") initiates coverage on Society Pass Inc. (Nasdaq: SOPA) ("SoPa").

Click Here (on Society Pass website) to view the full Think Equity research report. https://thesocietypass.com/wp-content/uploads/2022/09/ThinkEquity_SocietyPass_Initiation_ResearchReport_26Sep2022.pdf

Summary Points:

– ECommerce Holding Company. Society Pass is an acquisition-focused eCommerce holding company operating six interconnected verticals in loyalty, lifestyle, food and beverage, telecoms, digital media, and travel, connecting millions of registered consumers and thousands of registered merchants in Southeast Asia. The company has on-boarded more than 3.3 million registered consumers and over 200K registered merchants and brands. The company generated $520K of sales in 2021, with a revenue forecast of $9.5 million for 2022 and $42.7 million for 2023.

– Seasoned and Diverse Executive Team. The company is led by a team of seasoned Asia-based executives who have spent a total of over 150 years on the ground in Asia with operating, marketing, technology and financial experience there. Society Pass is the sixth company that Dennis Nguyen, Group Founder, Chairman and CEO, has taken public. Over half the executives and employees are female. The company's board of directors brings diverse experiences from technology to finance, to legal, to investment banking/private equity. The company has built a sophisticated technology platform in four years and on-boarded over 3.3 million registered consumers and over 200k registered merchants/brands.

– Integrated Ecosystem. Society Pass acquires companies in targeted verticals, which include lifestyle, food and beverage delivery, travel, digital media, telecommunications, and loyalty. In the lifestyle vertical, the company acquired Leflair in February 2021 and relaunched in the Vietnamese marketplace in September 2021. In food and beverage delivery, the company acquired Pushkart and Handycart in February 2022 and Mangan in July 2022. In July 2022, the company acquired Thoughtful Media, a Thailand-based digital media company. In August 2022, the company acquired NusaTrip, an Indonesia-based leading Southeast Asia OTA. The business model is to acquire companies in targeted verticals and integrate them into the platform.

– Society Points. A Virtuous Cycle of Revenue Generation and Loyalty Creation in SEA. The company opportunistically acquires attractively valued companies to synergistically generate additional revenue streams, optimize efficiencies for merchants, and more cost-effectively aggregate consumers and merchants through synchronized marketing campaigns. The company's loyalty platform, Society Points, drives this revenue generation and loyalty creation processes. The company has launched a beta version of the Society Pass app in June 2022 and expects to fully launch the app in 1Q 2023.

– Strategies for Digital Commerce in Asia/Pacific. Southeast Asia's digital commerce revenue is expected to reach a 10-year CAGR of 32% by 2025. Business unit leaders, like Society Pass, carefully select their markets. Based on industry estimates, the expected growth of consumer spending on digital commerce for the Southeast Asian region will exceed $88 billion by 2025. This comes from a low penetration of the total retail market. Southeast Asia presents attractive growth opportunities and challenges for SoPa.

– Growth Strategies. As the company continues to acquire e-commerce platforms and apps in Southeast Asia, it should dramatically increase its revenue base, registered customer base, and registered merchant base. The company beta-launched its Society Pass loyalty platform in the second quarter 2022. The company is constantly upgrading its HR talent, especially identifying and mentoring female executives. It has built a powerful and integrated technology ecosystem targeting Southeast Asia, and operates in three of the world's most attractive and fast-growing economies. Its senior executives have spent most of their lives in Southeast Asia running companies.

– Valuation. Think Equity's 12-month price target is $6, based on 3.9x FY23 sales per share estimate.

– Solid Financials. As of June 30, 2022, the company had cash and cash equivalents of $28 million. For the six months ended June 30, 2022, the company's stockholders' equity was $35 million.

About Society Pass Inc

Founded in 2018 as a digitally-focused loyalty and data marketing ecosystem in the fast-growing markets of Vietnam, Indonesia, Philippines, Singapore and Thailand, which account for more than 80% of the SEA population, and with offices located in Angeles, Bangkok, Hanoi, Ho Chi Minh City, Jakarta, Manila, and Singapore, SoPa is an acquisition-focused e-commerce holding company operating 6 interconnected verticals (loyalty, digital media, travel, telecoms, lifestyle, and F&B), which seamlessly connects millions of registered consumers and hundreds of thousands of registered merchants/brands across multiple product and service categories throughout SEA.

Society Pass completed an initial public offering and began trading on the Nasdaq under the ticker SOPA in November 2021. SOPA shares were added to the Russell 2000 index in December 2021.

SoPa acquires fast growing e-commerce companies and expands its user base across a robust product and service ecosystem. SoPa integrates these complementary businesses through its Society Pass loyalty platform and circulation of its universal loyalty points or Society Points, which has entered beta testing and is expected to launch broadly at the beginning of 2023. Society Pass loyalty program members earn and redeem Society Points and receive personalised promotions based on SoPa's data capabilities and understanding of consumer shopping behaviour. SoPa has amassed more than 3.3 million registered consumers and over 205,000 registered merchants and brands. It has invested 2+ years building proprietary IT architecture to effectively scale and support its consumers, merchants, and acquisitions.

Society Pass leverages technology to tailor a more personalised experience for customers in the purchase journey and to transform the entire retail value chain in SEA. SoPa operates Thoughtful Media Group, a Thailand-based, a social commerce-focused, premium digital video multi-platform network; NusaTrip, a leading Indonesia-based Online Travel Agency; Gorilla Networks, a Singapore-based, web3-enabled mobile blockchain network operator; Leflair.com, Vietnam's leading lifestyle e-commerce platform; Pushkart.ph, a popular grocery delivery company in Philippines; Handycart.vn, a leading online restaurant delivery service based in Vietnam; and Mangan, a leading local restaurant delivery service in Philippines. For more information, please check out: http://thesocietypass.com/.

Cautionary Note Concerning Forward-Looking Statements

This press release may include "forward-looking statements," within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact included in this press release are forward-looking statements. When used in this press release, words such as "anticipate", "believe", "estimate", "expect", "intend" and similar expressions, as they relate to us or our management team, identify forward-looking statements. Such forward-looking statements are based on the beliefs of management, as well as assumptions made by, and information currently available to, the Company's management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors detailed in the Company's filings with the SEC. All subsequent written or oral forward-looking statements attributable to us or persons acting on our behalf are qualified in their entirety by this paragraph. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company's registration statement and prospectus relating to the Company's initial public offering filed with the SEC. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Media Contacts:
PRecious Communications
sopa@preciouscomms.com

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Kashifu Inuwa: Putting NITDA on the Cusp of a Revolution

LAGOS, NIGERIA, Sep 29, 2022 – (ACN Newswire) – Nothing offers a more reliable picture of a country's economic performance better than a periodic assessment of sectoral contribution to Gross Domestic Product (GDP). It's no less so in Nigeria where a report by the National Bureau of Statistics indicates that Nigeria's Information and Communications sector contributed 18.44 percent to the GDP in the second quarter of 2022. The figure was an improvement from the 15 percent performance recorded in the last quarter of 2021.


Kashifu Inuwa, NITDA Director-General: "Globally, there is a shortage of talents, so, we are creating a mandate to develop a talent strategy because we have a competitive advantage as a country with our vast human and natural resources. Nigeria can seize the opportunity to fill that gap" [Image: NITDA 2022]


A little context will help put the significance of this growth in real perspective. The NBS data shows that the country's Information and Communications sector's contribution trumped the figures recorded by sectoral powerhouses such as Oil and Gas, Manufacturing, Real Estate, and Financial and Insurance. The plaudits – or a huge part thereof – for that sterling performance should go to the Ministry of Communications and Digital Economy, its helmsman Professor Isa Ali Ibrahim and the National Information Technology Development Agency (NITDA), and its steerer, Mr. Kashifu Inuwa Abdullahi.

NITDA, as the Federal Government Agency responsible for the development of the Information Technology sector in Nigeria, it is one of the seven agencies under the Ministry of Communications Technology and Digital Economy.

NITDA's impressive scorecard could be glimpsed also in how quickly it has been able to develop strategies, to help grow the Nigeria information technology ecosystem in a COVID and emerging post-COVID era. Under its dynamic and innovation-driven Director-General, Kashifu Inuwa, so much has been achieved by the Agency in a short span of three years.

The NITDA Director-General, who recently marked three years in office, has gradually realigned and re-positioned the Agency, aiming to grow its capacity to respond adequately to the changing conditions and complexities of a digital economy in a fast-evolving global and local digital market.

Milestones achieved under the leadership of Inuwa have been multi-faceted and stand out as bold testaments of his commitment to innovation. Inuwa's vision for NITDA in the medium term is encapsulated in a robust and bold policy framework – the Strategic Roadmap and Action Plan (SRAP, 2021 – 2024), which was launched last year.
SRAP is designed to support the even broader, National Digital Economy Policy and Strategy (NDEPS) enunciated by the Ministry of Communications and Digital Economy.

The many achievements recorded so far belie the fact that NITDA has implemented SRAP for just one year, a development that Inuwa recalls with an understandable pride: "The first year of implementing the NITDA Strategic Roadmap and Action Plan (2021 – 2024) has been one of deep learning, overcoming challenges and celebrating amazing breakthroughs. Along the way we got conferred with the prestigious National Productivity Order of Merit (NPOM) award, in recognition of our productivity, hard work and excellence in service delivery."

In June 2021, the Agency started operating the National Public Key Infrastructure (PKI) with the Key Generation and Handover Ceremony for Root Certification Authority (RCA) for Country Signing Certification Authority (CSCA) and Country Verification Certification Authority (CVCA) of the Federal Republic of Nigeria. The NITDA Director-General remains upbeat about its prospects: "This unprecedented cybersecurity landmark (NDEPS Pillar 6) will not only close loopholes in online activity but significantly reduce system vulnerabilities that are exploitable by threat actors." That was undoubtedly a milestone achievement for Nigeria's digital space.

To further close out loopholes in online activity and generate proper accreditation of professionals, the Agency intends to implement seven cybersecurity interventions that are focused on the PKI.

A key component of this creative platform is that, it will coordinate the management of the Country Object Identifier (OID), and upgrade the PKI authentication infrastructure, create a PKI Audit requirement for Microsoft onboarding on operating systems, and integrate PKI with major hardware/software vendors. "We will then construct, furnish, and equip two National Cybersecurity Research Centers," Inuwa says.

With regard to the expected outcome, Inuwa, reputedly Nigeria's first Cisco-Certified Internetwork Expert (CCIE) public servant, says: "Digitalisation of Government processes facilitates transparency, efficiency, productivity, participation, inclusiveness, cost savings, and competitive advantage, which ultimately translates to social and economic development for a country like Nigeria."

He also estimates that the "implementation of Enterprise Content Management (ECM) can save Nigeria N4.5bn annually". For a government determined to curb corruption and cut costs, this is quite significant. Some of NITDA's action plans in the area of regulation and framework development, which are already in the works, include fostering Gender Digital Inclusion, enthroning a seamless e-Commerce environment and enhancing government digital services.

"In 2022, we are developing the Framework on Gender Digital Inclusion (GDI), with the aim of codifying learning standards for different categories of IT learners, while addressing the wide gender disparities in digital literacy and skill acquisition," he said.

He is optimistic that the Guidelines for e-Commerce in Nigeria will provide an enabling framework for e-commerce to thrive and increase online trade's contribution to Nigeria's GDP. Just as crucial, he noted, is the planned development of the "Framework and Regulations for Implementing Government Digital Services (GDS) as a Guideline for Federal Public Institutions (FPIs) to deliver digital services and the Framework for Implementation and Compliance with relevant regulations to ensure compliance with all developmental regulatory instruments such as the NDPR, Cloud Computing, outsourcing, among others".

To some, these goals may seem rather grandiose. But Inuwa possesses a tapestry of experience as an IT professional, having worked, and indeed excelled, in highly challenging environments, among which are the Central Bank of Nigeria and Galaxy Backbone Limited. This imbues him with a capacity to sufficiently address current developments and discern the dynamic trends and markets in the IT sector. His deep knowledge of IT trends reflects in the remarkable way he has steered the Agency to address the likely challenges of tomorrow's digital environment.

Under Inuwa, NITDA has issued 966 digital tools and supported the development of digital transformation plans in accordance with NDEPS Pillar 5 in 3 states. "These digital tools and expert guide, which are part of our initiative to develop a framework and implementation toolkits for measuring the impact of digital technology deployment in FPIs are already enabling institutions to embark on digital transformation self-assessments," he said, regarding the feat.

When Inuwa assumed office as NITDA's Director General in mid-2019, the global Covid-19 pandemic which led to the lockdown of several cities worldwide, including Nigeria, was only a few months away. When it hit the country in February 2020, prompting a government-ordered lockdown in April 2020 which lasted for several months, the Agency initiated and adopted several remote and contactless digital technologies that ensured government machinery kept working throughout the critical period. Inuwa set up a team called Tech4Covid to cushion the effects of Covid-19. This led to the identification of three innovations that helped curb Covid-19 and the establishment of a virtual academy for research and training with over 70 active courses and over 485,000 active students.

In the circumstances, Inuwa's leadership and managerial skills which had been honed by several high-level trainings in leadership and management at reputable world-class institutions such as Harvard, Sloan Business School, London Business School, IMD Business School, Oxford University, Massachusetts Institute of Technology and Cambridge University, all came into play, ensuring that critical digital services are being delivered to government and that government can continue to perform its various functions effectively. The same expertise has come into play in his relentless efforts, to transform the Agency into a world class IT Agency.

One instance of this transformation is the service delivery. The Director General comments: "In terms of the service contract, we reviewed the existing SERVICOM unit, expanded stakeholder identification, introduced new roles, realigned responsibilities to absorb the changes, created a new identity tagged iServe, and completed a sensitization process with key action points. Today, iServe represents our people first commitment to customer satisfaction through innovation and professionalism as we pursue the digital economy goals."

Another key part of NITDA's statutory mandate is massive upskilling and reskilling of Nigerians across all walks of life. NITDA under Inuwa, has trained well over half a million Nigerians in various basic digital skills and literacy, with such diverse backgrounds as junior schoolteachers, traditional rulers, journalists, youth and talent development programme participants, among others.

The Agency has embarked on a journey to train 1 Million Software Developers in the next 18 months, in collaboration with global giants such as Microsoft, Google, and other key ecosystem players. "Globally, there is a shortage of talents, so, we are creating a mandate to develop a talent strategy because we have a competitive advantage as a country with our vast human and natural resources. Nigeria can seize the opportunity to fill that gap", the NITDA, DG says, with high optimism.

At a higher level, NITDA has awarded over 450 scholarships in IT to deserving Nigerians at the master's degree level, with 42 Phds, in the past few years.

Inuwa is delighted with the phenomenal growth of the Nigerian Digital Innovation Ecosystem. Recent large acquisitions such as Stripe's $200 million takeover of Paystack in 2020, the $320 million Main One Ltd take over by US-based Equinix, and Flutterwave's $3.5 billion valuation have proudly spotlighted the country as a notable digital innovation centre in Africa.

In the first half of this year alone, Nigeria's Digital technology and innovation startups have raised over one billion dollars in venture capital funding from major Western capital market funds. Notable among them are Sudo Africa, $3.7 million, Casava, $4 million, DrugStoc, $4.4 million, Bamboo, $15 million, Credpal, $15 million, and Reliance Health, $40 million.

NITDA itself, has recently facilitated the support of six digital information technology start start-ups to access grants of $120 thousand each, amounting to $715 thousand. The Agency is actively backing several digital innovation hubs and has set up such hubs around the country, including over 150 start ups which it has supported to attend the GITEX global exhibition, World Creativity Challenge, among others.

Just the beginning of this year, NITDA facilitated the approval of three Federal Executive Council memos through the Ministry of Communications and Digital Economy, in favour of digital startups. These approvals will incentivise and further harness the country's digital innovation and entrepreneurship ecosystem to create job opportunities for its teeming youth population.

Within three years, Inuwa has equipped 160 digital economy centres around the country to further catalyze skills development and digital innovations.

According to Statista, 35 million Nigerian internet users will be added by 2026, which is another clear indication of increasingly phenomenal growth in internet adoption and usage in Nigeria.

Addressing the recent Ogun State Digital Summit in Abeokuta, on Digital Technologies: Key to Sustainable Development, Inuwa affirms that "Digital Technology innovation is not only booming, but it is also quickly moving towards sustainable solutions, with many of the most promising ideas from businesses worldwide having a clear focus on the environment."

An innovation powerhouse, Inuwa would yet, undoubtedly, be pushing forward the boundaries of innovative digital technologies in Nigeria and beyond, in the coming years.

Contributed by Iklima Musa
Lagos, Nigeria 28/09/2022.

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

EDX Launches New Strategy Forum for Customer Experience

MANILA, Sep 26, 2022 – (ACN Newswire) – As a final event for 2022, EDX will launch the pilot CX Leaders Strategy Forum Philippines on 17 November 2022 at the Diamond Hotel Philippines. In this event, at least 120 Filipino companies will attend the one-day event to collaborate, discuss, strategise and find the right customer experience solution.



Each delegate will have the opportunity to participate in three roundtable discussions, two plenary sessions, one fireside chat, one panel discussion and five networking sessions. The roundtables, or EDXchange sessions as EDX calls them, will be attended by 18 delegates and moderated by industry and technology experts.

Technology companies offering solutions for customer data management, customer engagement, digital commerce, workflow and collaboration, content management, omnichannel and optimisation are welcome to sponsor the event. Interested parties can apply by email to jpears@edxevents.com or jim@edxevents.com.

The strategy forum is a by-invitation only although interested CX Leaders may request an invitation via Request Invitation — CX Leaders Strategy Forum Philippines (edxevents.com): https://cxleaders.edxevents.com/request-invitation/.

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Retail SaaS major Unicommerce eyes to double its transaction volumes in Southeast Asia

Singapore, Sep 22, 2022 – (ACN Newswire) – Unicommerce, an integrated SaaS platform for post-purchase experience management, is experiencing rapid growth across Southeast Asia. Currently processing over 2.5 million annual transactions, the company eyes to double transaction volumes to reach 5 million by December 2022. In its first year of operations, the company has signed up over 30 clients across Singapore, Indonesia, Malaysia, and the Philippines.



Unicommerce is bullish on the growth of e-commerce in Southeast Asia. The company has already established its local presence with a sales and customer service team in Singapore, Indonesia and the Philippines, and is also planning to establish a local entity in the coming months.

Unicommerce's expansion into Southeast Asia comes as e-commerce volumes spike and companies seek an integrated platform to handle the entire post-purchase transaction flow. Being a sector- and size-agnostic platform, Unicommerce solutions have been successfully deployed by a range of retail brands looking to build a robust online presence and re-engineer their operations and processes to achieve maximum consumer connection. Some of the leading brands that Unicommerce works with within the SEA region are Edamama, Locad PayO Asia, Amilo, Business Engineers, and Luxurious Craving, among others. The company's clients in SEA include fashion brands, beauty, and personal care brands, fulfilment providers, and logistic service providers. The SaaS platform is also one of the finest omnichannel platforms that powers 2,000+ stores and 7,000+ warehouses across India.

During and post-pandemic, there is a surge in online shopping to avoid the spread of the virus. As the e-commerce and retail industry grows with multiple online shopping platforms, the supply chain has become an increasingly complex process, and companies rely heavily on technology to optimize operations.

Unicommerce's SaaS platform enables brands to streamline the supply chain with an integrated SaaS solution for inventory, order, and warehouse management. The unique, award-winning platform for post-purchase experience management helps brands and marketplaces manage operations across multiple online sales channels and physical distribution points while maintaining a smooth inventory flow to meet user expectations. The company also enables marketplaces to streamline processes with its multi-vendor management solution.

Talking about the expansion plans, Mr Kapil Makhija, CEO of Unicommerce, says, "Our clients in Southeast Asia are focused on building a strong digital presence and looking for technology solutions. Our platform enables them to enhance the post-purchase experience and achieve operational excellence. Unicommerce's robust and easy to integrate SaaS platform are well-suited to meet client needs which is reflected in our rapid growth. We are delighted to partner with many leading brands and look forward to expanding our presence across Southeast Asia."

Edamama, one of the leading brands in the Philippines, has deployed Unicommerce's Dropship Fulfillment, Vendor Management solution, and Personalized E-commerce solutions to manage different vendors and offer personalized shopping experiences to consumers. The automation by Unicommerce has enabled the company to manage operations across 400+ registered vendors and 1,000+ brands, while seamlessly maintaining 30K+ live catalog counts and allowing the brand to dispatch tens of thousands of items per month with a 99.99% fulfillment rate.

Unicommerce's growth into Southeast Asia and also Middle East Asia is built on its decade-long experience and leadership position in the diverse and dynamic Indian market, where the company processes 500 million annual transactions. The company works with some of the leading brands and companies of India including Marico, Bestseller, House of Anita Dongre, Netmeds, Mamaearth, mCaffeine, and many more.

For media queries contact:
Ganesh S
Bloomingdale Public Relations
(+65) 97791286

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Annual Trintech Connect Events Bring Together Global Customers and Partners to Advance Finance Transformation Initiatives

DALLAS, TX, Sep 19, 2022 – (ACN Newswire) – Trintech, a leading global provider of integrated, cloud-based financial close solutions for the Office of Finance, kicks off Trintech Connect this fall with various regional sessions designed to address the unique needs of different audience segments. Our annual customer events empower organizations to take the next step in their finance transformation journey and leverage automation across their entire reconciliation and financial close processes. Trintech Connect brings together Trintech's global customers and partners to advance product knowledge, share their experiences using Trintech's solutions and discuss best practices across various industries and verticals.

"Trintech Connect is built to empower our customers, through knowledge sharing and peer collaboration in more intimate settings, in order to maximize their technology investment and drive their businesses forward," said Teresa Mackintosh, Chief Executive Officer at Trintech. "Our aim is to provide our customers with meaningful opportunities to collaborate with their colleagues and counterparts and to hear from industry leaders and product experts, all with the goal of supporting them as they work to position their organizations for continued growth and deliver best in class financial operations and insights."

Trintech customers and partners are a part of a growing network of over 300,000 finance professionals across the globe. Trintech Connect provides the opportunity to engage with other customers, partners, executives, and product specialists in-person, with a jam-packed agenda featuring customer stories, networking sessions, and product breakouts to gain insights and get inspired.

Several Trintech partners and industry thought leaders will be sponsoring and presenting at the various Trintech Connect regional events listed below, including Accenture, Arribatec, Capgemini, Finance Resources, FORVIS, KPMG LLP, Planful, ServiceNow, Workiva, and XACCT Accounting. Complete details for each regional session, including registration information, can be accessed here. https://www.trintech.com/event/trintech-connect/

– Trintech Connect: Regional User Group – Dallas, TX (September 20th, 2022)
– Trintech Connect: Regional User Group – New York, NY (September 22nd, 2022)
– Trintech Connect: Adra Kundedag – Oslo, Norway (October 13th, 2022)
– Trintech Connect: EMEA Executive Customer Alliance – Berlin, Germany (October 18th-19th, 2022)
– Trintech Connect: Regional User Group – Chicago, IL (October 20th, 2022)
– Trintech Connect: Adra Kunddag – Stockholm, Sweden (October 26th, 2022)
– Trintech Connect: North America Executive Customer Alliance – Chicago, IL (May 9th-11th, 2023) *Registration will open for the North America session in early 2023

About Trintech

Trintech Inc., a leading global provider of cloud-based financial close solutions for the Office of Finance, combines unmatched technical and financial expertise to create innovative, cloud-based software solutions that deliver world-class financial operations and insights. From high volume transaction matching and streamlining daily operational reconciliations to automating and managing balance sheet reconciliations, intercompany accounting, journal entries, disclosure and fiduciary reporting, and bank fee analysis, to governance, risk, and compliance – Trintech's portfolio of financial solutions, including Cadency(R) Platform, Adra(R) Suite, and targeted tools, ReconNET(TM), T-Recs(R), and UPCS(R), help manage all aspects of the financial close process. Over 3,500 clients worldwide – including the majority of the Fortune 100 – rely on the company's cloud-based software to continuously improve their financial operations' efficiency, reliability, and strategic insights.

Headquartered in Dallas, Texas, Trintech has offices across the United States, United Kingdom, Australia, Singapore, France, Ireland, the Netherlands, and the Nordics, as well as strategic partners in South Africa, Latin America, and Asia Pacific. To learn more about Trintech, visit www.trintech.com/ or connect with us on LinkedIn, Facebook, and Twitter.

Media Contact:
Kelli Shoevlin
Sr. Manager, Global Corporate Marketing & Communications
kelli.shoevlin@trintech.com

SOURCE: Trintech, Inc.

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Filing of Society Pass (Nasdaq: SOPA) Form 8-K/A in Connection of Acquisitions of AdActive Media CA, Inc and Thoughtful Thailand Ltd; Acquired Subsidiaries Recognised 2021 Revenues of US$5.6 million

SINGAPORE, Sep 19, 2022 – (ACN Newswire) – Society Pass Incorporated (Nasdaq: SOPA) ("SoPa" or the "Company"), Southeast Asia's ("SEA") leading data-driven loyalty and e-commerce ecosystem, today announces the filing of Form 8-K/A with the Securities and Exchange Commission ("SEC") in connection of acquisitions of AdActive Media CA, Inc (the "CA Sub") and Thoughtful Thailand Ltd (the "Thailand Sub"), (the Thailand Sub and the CA Sub comprise the "Acquired Subsidiaries").

Click Here (on SEC website) to view the Form 8-K/A filing.
https://www.sec.gov/ix?doc=/Archives/edgar/data/0001817511/000160706222000581/sopa091222form8ka.htm

Summary Points:

– On 07 July 2022, SoPa, through its wholly-owned subsidiary, Thoughtful Media Group Incorporated ("Thoughtful Media" or "TMG"), a Nevada corporation, a Thailand-based, a social commerce-focused, premium digital video Multi-Platform Network ("MPN")/social media influencer advertising platform, acquired from AdActive Media Group, Inc., a Delaware corporation, (i) all of the outstanding capital stock of the CA Sub, and (ii) 99.75% of all of the outstanding capital stock of the Thailand Sub.

– Integrating the Acquired Subsidiaries onto its platform, TMG is a social commerce-focused, premium digital video MPN/social media influencer advertising platform headquartered in Thailand with an operating presence in the US, Vietnam, and Philippines. TMG expects to expand to Indonesia and Singapore in 4Q 2022.

– The combined 1Q 2022 revenues and loss from operations from the Acquired Subsidiaries totaled $1,312,986 and $84,582, respectively.

– The combined 1Q 2021 revenues and loss from operations from the Acquired Subsidiaries totaled $1,265,053 and $114,032, respectively.

– The combined 2021 revenues and loss from operations from the Acquired Subsidiaries totaled $5,655,795 and $1,173,022, respectively.

– The combined 2020 revenues and loss from operations from the Acquired Subsidiaries totaled $5,928,800 and $899,933, respectively.

About Society Pass Inc

Founded in 2018 as a digitally-focused loyalty and data marketing ecosystem in the fast-growing markets of Vietnam, Indonesia, Philippines, Singapore and Thailand, which account for more than 80% of the SEA population, and with offices located in Angeles, Bangkok, Hanoi, Ho Chi Minh City, Jakarta, Manila, and Singapore, SoPa is an acquisition-focused e-commerce holding company operating 6 interconnected verticals (loyalty, digital media, travel, telecoms, lifestyle, and F&B), which seamlessly connects millions of registered consumers and hundreds of thousands of registered merchants/brands across multiple product and service categories throughout SEA.

Society Pass completed an initial public offering and began trading on the Nasdaq under the ticker SOPA in November 2021. SOPA shares were added to the Russell 2000 index in December 2021.

SoPa acquires fast growing e-commerce companies and expands its user base across a robust product and service ecosystem. SoPa integrates these complementary businesses through its Society Pass loyalty platform and circulation of its universal loyalty points or Society Points, which has entered beta testing and is expected to launch broadly at the beginning of 2023. Society Pass loyalty program members earn and redeem Society Points and receive personalised promotions based on SoPa's data capabilities and understanding of consumer shopping behaviour. SoPa has amassed more than 3.3 million registered consumers and over 205,000 registered merchants and brands. It has invested 2+ years building proprietary IT architecture to effectively scale and support its consumers, merchants, and acquisitions.

Society Pass leverages technology to tailor a more personalised experience for customers in the purchase journey and to transform the entire retail value chain in SEA. SoPa operates Thoughtful Media Group, a Thailand-based, a social commerce-focused, premium digital video multi-platform network; NusaTrip, a leading Indonesia-based Online Travel Agency; Gorilla Networks, a Singapore-based, web3-enabled mobile blockchain network operator; Leflair.com, Vietnam's leading lifestyle e-commerce platform; Pushkart.ph, a popular grocery delivery company in Philippines; Handycart.vn, a leading online restaurant delivery service based in Vietnam; and Mangan, a leading local restaurant delivery service in Philippines. For more information, please check out: http://thesocietypass.com/.

Cautionary Note Concerning Forward-Looking Statements

This press release may include "forward-looking statements," within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact included in this press release are forward-looking statements. When used in this press release, words such as "anticipate", "believe", "estimate", "expect", "intend" and similar expressions, as they relate to us or our management team, identify forward-looking statements. Such forward-looking statements are based on the beliefs of management, as well as assumptions made by, and information currently available to, the Company's management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors detailed in the Company's filings with the SEC. All subsequent written or oral forward-looking statements attributable to us or persons acting on our behalf are qualified in their entirety by this paragraph. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company's registration statement and prospectus relating to the Company's initial public offering filed with the SEC. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Media Contacts:
PRecious Communications
sopa@preciouscomms.com

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

The Philippines’ Payments, E-Commerce & Banking Leaders to Gather Live Online this September to Chart the Future of Commerce

MANILA, Sep 15, 2022 – (ACN Newswire) – Seamless Philippines returns live online this 28-29 September, gathering over 1,200 attendees virtually to explore the latest innovations in the Philippines across the payments, e-commerce and banking sectors.

"With digital payments and ePayments in the Philippines forecast to account for 50% of transactions by 2023, also fuelling growth in e-commerce, there's no doubt that the Philippines is an exciting market," says Paul Clark, Managing Director – Asia for Terrapinn. "Over the last two years, these sectors have been at the forefront of innovation – now it's time to make sure they are positioning themselves for a post-pandemic era and securing their future growth. Seamless Philippines offers them exactly that, without even having to leave their home or office."

Seamless Philippines will bring together over 60 expert speakers across four key content pillars: payments innovation, e-commerce strategy, e-commerce marketing and banking. Attendees will enjoy free access to all sessions on the platform, and all sessions will be available for on-demand viewing for one month after the event, truly offering attendees a chance to fit the event around their own schedule. Speakers at the event include:

– Arvie De Vera, Co-Founder & Chief Executive Officer, UnionDigital Bank
– Justin Rafael Francisco, Managing Partner, Great Deals E-Commerce Corp
– Greg Krasnov, Founder & Chief Executive Officer, Tonik Bank
– Christopher Bennett, Chief Technology Officer, GOtyme
– Maria Gaitanidou, Chief Launch Officer, UnionDigital Bank
– Mich Lim, Ecommerce Head, Robinsons Appliances
– Rogelio Umali, Chief Technology Officer, GoodBank
– Alvin Heinrich Chan, Digital Payments Lead, Philippine Seven Corp
– Michael Magbanua, SVP, Group Head of Operations & Shared Services, Union Bank of the Philippines
– Joanne Barbara De Jesus, AVP, Tribe Lead – Digital, ING Philippines
– Johdel Ocampo, AVP ? Digital Strategies & Retail Journey, Metrobank
– Timothy Cu, Head of Quick Commerce, Sarisuki
– Glenn Richmond Ong, Director, Customer Experience, Cebu Pacific
– Gus Poston, Chief Executive Officer, Netbank
– Kevin Codamon, Head of Digital Technology, McDonalds Philippines

More than 20 sponsors, exhibitors & partners are supporting this year?s virtual edition of Seamless Asia, including Platinum Sponsors Edgio, Sift and Sompo Holdings. All sponsors & exhibitors will be hosting a virtual booth on the platform for attendees to find out more about their products and services, and interact directly with their teams.

For event information and full conference agenda, visit www.terrapinn.com/SeamlessPhilippines2022

About Terrapinn:

Terrapinn has been sparking ideas, innovations and relationships that transform business for over 30 years. Using our global footprint, we bring innovators, disrupters and change agents together, discussing and demonstrating the technology, strategies and personalities that are changing the way the world does business. Whether you?re looking to make new connections, introduce product or inspire change in your industry, we invite you to join us as agitators of change. Terrapinn – spark something.

Press attendance is complimentary. Enquiries should be directed to:
Jia Le Lim
Marketing Manager
Terrapinn Asia
jiale.lim@terrapinn.com

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Accounting & Finance in Business Leaders to Gather in Singapore Later this Month

Singapore, Sep 8, 2022 – (ACN Newswire) – The Accounting & Finance Show Singapore finally returns to Singapore in person this 20-21 September 2022. This is the first in-person edition of the event since 2019, following multiple virtual editions during the pandemic and marks the first time this community has been able to gather at scale in the region.

Over 2,000 SME & enterprise finance leaders, accountants in practice, accountants in business and bookkeepers will be in attendance at Singapore's Suntec Convention & Exhibition Centre to reconnect, discover the latest innovations in finance for business and learn how to run their companies better or more effectively advise their clients.

"After two virtual editions in 2020 and 2021, it's fantastic to finally be able to bring this community back together under one roof," says Laura Binns, General Manager at Terrapinn. "During the last two years, there has been an unbelievable amount of progress as more companies than ever before were forced to accelerate their digitization. Now is the time to cement those innovations and explore what more we can do to prepare our businesses for the future."

Over 80 sponsors, exhibitors and partners will be in attendance, showcasing the latest innovations in accounting software, finance management tools and helping attendees transform and streamline their working practices, including Title Sponsor Xero (returning for the 5th year running), Diamond Sponsor Aspire and Platinum Sponsor Spenmo.

Across seven different content themes (Finance Transformation: The Essentials; Ditial Practice: Practice Management; Digital Innovation; Grow Your Business: Cash Flow & Funding; Finance Transformation: Augment & Grow; Grow Your Business: Strategy & People and Digital Practice: Business Advisory), attendees will hear from true leaders in the space, including:
– Duane Ho, Group CFO, Oceanus Group
– Koren Wines, Managing Director, Xero Asia
– Andrea Baronchelli, Co-Founder & CEO, Aspire
– Elyne Eng, Regional Finance Director, Spencer Ogden
– Xiang Jie Chung, Vice President Finance, CARRO
– Yee Ling Choo, Financial Director Asia Pacific, Middle East & South Africa, Electrolux
– Mohandass Kalaichelvan, CEO, Spenmo
– Batya Shulman, Partner, St James' Place Wealth Management
– Richard Hayler, Chief Financial Officer, Nutrition Technologies
– Nancy Chu, Director of Finance, Eightstone Oclaner
– Charles Chen, Managing Director, CAP Advisory Group
– Cherie Sim, Group Financial Controller, Owndays Singapore
– Benjamin Chin, Regional Finance Director, ECCO
– June Cho, Portfolio Chief Financial Officer, Stepping Stone

For event information and full conference agenda, visit www.terrapinn.com/accountingfinanceshow

About The Accounting & Finance Show Singapore 2022:

The Accounting & Finance Show Asia 2022 will take place on 20-21 September 2022 at
Suntec Convention & Exhibition Centre in Singapore. The event will comply with prevailing
guidelines on COVID-19 safety.

About Terrapinn:

Terrapinn has been sparking ideas, innovations and relationships that transform business for
over 30 years. Using our global footprint, we bring innovators, disrupters and change agents
together, discussing and demonstrating the technology, strategies and personalities that are
changing the way the world does business. Whether you're looking to make new
connections, introduce product or inspire change in your industry, we invite you to join us as
agitators of change. Terrapinn — spark something.

Press attendance is complimentary. Enquiries should be directed to:
Jia Le Lim
Marketing Manager
Terrapinn Asia
jiale.lim@terrapinn.com

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Trintech and SatoriFP&A Announce Strategic Partnership in APAC to Bring Finance & Accounting Processes Closer Together

DALLAS, TX and SYDNEY, AUSTRALIA, Sep 7, 2022 – (ACN Newswire) – Trintech, a leading global provider of cloud-based financial close solutions for the Office of Finance, and Satori FP&A, a leading reseller of solutions that promote finance automation, continuous planning, reporting, modelling and data integration, today announced a strategic partnership to offer an integrated end-to-end solution for the financial and accounting process. This partnership will provide customers with a best-in-class single source of truth of their financial data, accelerating the end-to-end FP&A, consolidation, and accounting close processes in a seamless experience.

"This strategic partnership with Trintech connects financial close management to financial planning and analysis, and will help F&A teams shift their focus from manual, tedious processes to critical business priorities," said Avron Newstadt Commercial Director of SatoriFP&A. "We're excited to partner with Trintech as their solutions, company culture and target market is perfectly complementary to SatoriFP&A and will better position us to meet the evolving needs of the market."

Together, the combination of SatoriFP&A and Trintech's financial close solutions further expands Trintech's existing partnerships with Planful and Workiva to enable these essential functions:

– Financial Planning: Planning, budgeting, forecasting, including cash flow
– Operational Planning: Revenue, inventory, demand planning, along with sales and operations planning
– Close Management: Balance sheet reconciliation, journal entry management, high-volume transaction matching, data validation, account mapping, workflows, and accruals
– Financial Consolidation: Intercompany eliminations, foreign currency, and GAAP/IFRS regulations
– Reporting and Analysis: Variance analysis, performance analytics, and financial and management reporting

"We are excited to be partnering with SatoriFP&A as we continue to expand and grow the Trintech business across ANZ and APAC," said Fintan Diviney Director, APAC at Trintech. "SatoriFP&A brings immense knowledge and experience in best practices for F&A organizations and also has existing relationships with 2 of Trintech's strategic technology partners, Planful and Workiva. This partnership will continue to strengthen Trintech's partner ecosystem focused on helping F&A teams to work faster, more effectively, and with more confidence with close management processes deeply connected to FP&A."

To learn more about the partnership between SatoriFP&A and Trintech, click here ( https://satorifpa.com.au/trintech/ ). To reach the sales team directly, contact: anewstadt@satorifpa.com.au.

About SatoriFP&A

For the last 25 years, SatoriFP&A has been assisting companies and the office of CFO & finance with solutions to improve their Month-End Close and FP&A processes. From transaction matching, account reconciliation, budgeting, planning, forecasting, reporting, dashboards, financial modelling, financial data aggregation, and Financial Data ETL. Satori has assisted companies small medium and large across multiple industries including, Retail, Financial & Business Services, Utility, Mining, Travel, Industrial, Manufacturing & Distribution. Our team are all ex-Finance Professionals CAs or CPAs, so we know the pain of, and modern solutions for, your manual excel based processes.

About Trintech

Trintech Inc., a pioneer of financial corporate performance management software, combines technical and financial expertise to create innovative, cloud-based software solutions that deliver world-class financial operations and insights. From high volume transaction matching and streamlining daily operational reconciliations, to automating and managing balance sheet reconciliations, intercompany accounting, journal entries, disclosure reporting and bank fee analysis, to governance, risk and compliance – Trintech's portfolio of financial solutions, including Cadency(R) Platform, Adra(R) Suite, and targeted tools, ReconNET(TM), T-Recs(R), and UPCS(R), help manage all aspects of the financial close process. Over 3,500 clients worldwide – including the majority of the Fortune 100 – rely on the company's cloud-based software to continuously improve the efficiency, reliability, and strategic insights of their financial operations.

Headquartered in Dallas, Texas, Trintech has offices located across the United States, United Kingdom, Australia, Singapore, France, Germany, Ireland, the Netherlands, and the Nordic countries, as well as strategic partners in South Africa, Latin America, and the Asia Pacific. To learn more about Trintech, visit www.trintech.com or connect with us on LinkedIn, Facebook and Twitter.

SOURCE: Trintech, Inc.

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com