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Twinco Capital raises $12 million led by Quona Capital to expand its next-gen supply chain finance platform

Twinco Capital

Twinco Capital, the first global supply chain finance solution that covers the production cycle from purchase order to final invoice payment, announced today it has closed a $12 million equity and debt round. The investment was led by Quona Capital, and included participation from Working Capital Innovation Fund, as well as existing investors Mundi Ventures and Finch Capital. Zubi Capital provided the venture debt portion. The funds will be used to accelerate the company’s expansion within the major sourcing countries and strengthen its technology and data capabilities, in particular in relation to ESG. Twinco Capital is on a mission to reduce the world’s estimated $1.7 trillion trade finance gap, which disproportionately affects small and medium-sized companies in emerging countries and hinders their ability to access business opportunities and grow. Through its solution, the company engages with large corporations—mostly in the retail and apparel sectors—and offers funding to their suppliers worldwide, advancing up to 60% of the purchase order value upfront and paying the remainder upon delivery. The process is designed to be a fully transparent, no-hassle experience that provides the suppliers with funding for its purchase orders within 48 hours. The Amsterdam and Madrid-based fintech was founded in 2019 by Sandra Nolasco (CEO), an experienced banker and specialist in trade finance with an international career spanning over 20 years in major European commercial banks, and Carmen Marín (COO), who has over 16 years of management experience in both equity investing and project finance at Banco Santander. Since its inception, Twinco has grown rapidly, and today has programs in place which serve engaged European and LatAm retailers who buy more than $10 billion per year of manufactured products, mostly from SMEs in emerging markets. With Twinco, SMEs all over the world can access affordable liquidity, when they most need it—when they receive an order and need to start production. On the back of its financing programs, Twinco continuously collects data that stems from the intersection of commercial, financial and ESG performance of the thousands of manufacturers involved in these supply chains. As a result, Twinco is well positioned to provide its customers not only with funding but also with the benefit of unique business intelligence that can enable SMEs to produce products competitively and responsibly. “Twinco is focused on a significant pain point in the massive and underpenetrated market that is supply chain finance,” said Monica Brand Engel, co-founder and Managing Partner at Quona. “At Quona, we’ve been incredibly impressed by the strength of this founding team and its business model, and we’re excited to be part of their journey to provide much-needed and affordable supply chain finance to help responsibly fuel the economic gains of emerging market suppliers.” The key to Twinco’s success is its unique risk model, which complements the traditional view on financial risk with commercial performance and ESG data. In other words, it uses machine learning to evaluate the quality and strength of the commercial relationships between buyers and their suppliers. “Suppliers that value human capital and treat their workers well are better businesses, presenting a lower risk to their banks and lenders. We’re thrilled to invest in Twinco because they will assess ‘ESG’ risk and incorporate it into their investment decision-making — we think this will open up new areas of impact and commercial success for them" said Paarul Dudeja, Managing Director at Working Capital Innovation Fund. The technology enabled user experience was designed to accommodate the complexities of ever-changing trade transactions. Purchase orders can be canceled, replaced or changed, and the Twinco financing flow accompanies these changes without a glitch. “If we are to have competitive and socially responsible supply chains on a global scale, suppliers need access to affordable financing from the very beginning of production, starting with the purchase order,” said Twinco Capital CEO Sandra Nolasco. “Extraordinary events, such as those experienced these past years, have revealed the fragility of supply chains, which are historically unable to adapt to the complexity of global production networks. At Twinco, we propose a radical change in how to use finance as a tool to proactively transform global supply chains, to foster the participation of SMEs, improve efficiency and ensure responsible sourcing practices.” “Twinco’s ambitious mission can only be achieved by bringing together all the relevant parties: Buyers, Suppliers and Investors,” said Twinco Capital COO Carmen Marin. “In this way, Twinco is a catalyst for change. With our new funding, we will be extending our geographic scope and data capabilities. We are also very excited to launch the very first sustainable-native supply chain finance program—the Twinco ESG Tilt, where business intelligence is directly linked to beneficial purchasing and funding conditions.” The company is growing fast. It has onboarded more than 100 suppliers, located in 12 different countries including Bangladesh, China, Pakistan, South Korea, Turkey, Thailand, Vietnam, Indonesia and Spain. Since its launch in December 2019, the company has been growing by multiples of 5, supporting trade through the pandemic and funding millions of purchase orders. About Twinco Capital Twinco Capital, cofounded by Sandra Nolasco (CEO) and Carmen Marín (COO), is one of the few European high-growth fintechs led by women.Twinco engages with large corporate partners to reduce financing costs and improve supply chain reliability by offering their suppliers access to affordable funding. Through its data analytics-powered platform, Twinco is able to provide suppliers across the globe with competitive liquidity from purchase order to final invoice. Twinco’s unique model benefits both suppliers and buyers, contributing to the construction of competitive and socially responsible supply chains. Learn more: 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 Latin America, Africa and the Middle East (MENA), and India and Southeast Asia. Quona’s global partners are experienced investors and operators in both emerging and developed markets, and invest in entrepreneurs whose companies have the potential to provide outstanding financial returns and promote breakthrough innovation in financial inclusion for both consumers and SMEs. More at About Working Capital Innovation Fund Working Capital Innovation Fund is an early-stage equity venture fund that invests in scalable innovations to meet the growing demand for more transparent and ethical supply chains – addressing the urgent need to protect vulnerable workers and source responsibly. It was initially incubated by The Omidyar Group, a diverse collection of independent organizations and initiatives. For more information, visit: Contact Details Bilal Mahmood +44 7714 007257 Company Website

January 24, 2023 09:00 AM Eastern Standard Time

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Bluberi Gaming Enters Social Casino Space with New Partner Ruby Seven Studios

Bluberi Gaming

Bluberi or (the “Company”) today announced a new partnership with Ruby Seven Studios to provide its top-performing, land-based content to the leading online, social casino provider. Ruby Seven Studios is an award-winning social casino gaming company based in Nevada and Kochi, India. As an industry leader in the social casino space, Ruby Seven Studios’s mission is to bring casino game content to land-based and online casinos with engaging free-to-play casino gaming apps and websites. Micheal Carpenter, Founder and CEO of Ruby Seven Studios said, “We are excited to bring the great games from Bluberi into our game collection and offer in our free-to-play casino apps for our casino partners. We look forward to seeing these games launch this year.” Ruby Sevens partnerships include a wide variety of casinos in California, Oklahoma, Minnesota, and many other states across the US. Brett Vela, Senior Manager of Product Management at Bluberi said, “This partnership with Ruby Sevens will not only strengthen our relationship with many of our land-based partners, but will allow us to put our top performing land-based titles, like Devil’s Lock, in the hands of so many new players.” Bluberi Gaming has redefined the game development process by applying extensive market research, innovative game design, and a new school attitude to create industry leading performers such as Treasure Hunter and Devil's Lock. This rise in popularity and renewed interest in Bluberi Gaming has opened the door for the expansion of Bluberi’s gaming distribution channels, leading to the new partnership with Ruby Seven Studios. "Ruby Seven is an industry leader in the online Social Casino space and Bluberi is very excited to begin its entry into this market with the talented people from Ruby Seven,” said Hugues Lebrecque, Director of Strategic Alliances at Bluberi. “With this partnership, our successful land-based library will be made available to social casino apps, overlapping new and existing, brick & mortar Bluberi customers." Look for Bluberi games, like Devil’s Lock, to be hitting your favorite Ruby Seven Studios social casino later this year. About Bluberi Backed by more than 25 years of industry experience, Bluberi is an established and reliable company with an expansive vision to deliver the highest quality casino gaming experience to players in Class II and Class III markets across the globe. We strive to provide industry-leading customer service by being the easiest company to do business with and are proud to be an agile supplier; able to respond to customer feedback quickly as we grow to become a best-in-class gaming partner. To learn more, visit About Ruby Seven Studios Ruby Seven Studios is a top-ranking social casino gaming company based in Nevada and Kochi, India. Our mission is to bridge the gap between land-based casinos, online casinos and social casino gaming apps through strategic partnerships with land-based casinos, which currently include Foxwoods Resort Casino, Mystic Lake Casino Hotel, Pechanga Resort & Casino, Delaware North Gaming, Affinity Interactive, Fantasy Springs, Chumash Casino Resort, Lake of the Torches Casino, and Choctaw Casinos & Resorts. With more than 150 employees worldwide, Ruby Seven Studios has created more than 20 titles for the Apple, GooglePlay, Amazon Kindle, Facebook, and web platforms. To learn more about Ruby Seven Studios, please visit Contact Details Bluberi Gaming Dan Taylor, Brand Marketing Manager +1 619-944-0510 Company Website

January 24, 2023 06:00 AM Pacific Standard Time

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Microban International to Showcase Groundbreaking Technologies for Plastics at PLASTINDIA 2023

Microban International

Microban International is thrilled to be attending PLASTINDIA 2023, one of the largest international exhibitions for plastics. The show – which is in its 11 th year – will be taking place at Pragati Maidan in New Delhi from the 1 st to the 5 th of February. It remains an important date in corporate calendars across the world, with the PlastIndia foundation inviting manufacturers, consumers and investors to come together to support innovations in the plastics industry. Microban is currently the only global antimicrobial technology brand to be exhibiting at this year’s show. The company’s expert team will be showcasing a wide range of unique antimicrobial formulations for plastic materials, including two next-generation products based on non-heavy metal ingredients – LapisShield ™ and Ascera ™. LapisShield is a broad-spectrum antimicrobial technology designed to seamlessly integrate into any water-based coating formulation, inhibiting bacterial growth by up to 99.99 %. Ascera – a pioneering chemistry inspired by nature* – delivers proven antibacterial protection for moulded polymers and solvent-based coatings. These exclusive new technologies demonstrate the company’s continuing drive to deliver more sustainable solutions that fight microbial growth, helping to protect treated plastic surfaces from stains, odours and premature degradation, and prolonging their useable lifespan. Microban technologies will be of interest to PLASTINDIA 2023 attendees from a wide range of disciplines, including visitors from the automotive, construction, homeware and electronics industries, as well as packaging producers and manufacturers of medical devices and surfaces. Come and talk to the team at Booth B-03 on the ground floor of Hall 4 to discover how these innovative antimicrobial solutions can benefit your specific product application. Book your meeting with Microban here to ensure you don’t miss out! * The Microban ™ technology used in this product is similar to acids found in nature and is used in multiple consumer product applications. About Microban International Part of Barr Brands International (BBI), Microban International is home to the most trusted and well-known global brands in the antimicrobial, odour control, and sanitisation / disinfection markets – Microban® and Ultra-Fresh®. Our organization has experienced over 100 collective years of growth and has revolutionised the industry. As the global leader, our proactive systems keep products cleaner, and control odours better by preventing problems before they start. Microban International drives innovation by combining science and creative solutions that enhance high-quality consumer, textile, industrial and medical products around the world. Today, the Microban and Ultra-Fresh brands and our technologies are featured on thousands of products worldwide. The company is headquartered in North Carolina with operations in North America, Europe, and Asia Pacific. For more information, please visit © 2023 kdm communications limited Contact Details Microban International Audrey Jestin +44 1480 405333 Company Website

January 24, 2023 05:30 AM Eastern Standard Time

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79% Of Americans Drink 2+ Cups Of Coffee Per Day, Survey Finds

Finance News

America runs on coffee with the average US adult consuming more than one cup per day, a number which is increasing with more people working from home. After crunching numbers sourced from Statista, the data analysts at Safe Betting Sites have found that 79 percent of coffee drinkers in the US are drinking two or more cups per day when they are at home on a weekday. Meanwhile, 62 percent of coffee drinkers are consuming a to-go coffee at least once per week with 20 percent drinking a to-go coffee every day. Drip coffee remains America’s preferred way to enjoy a cup of joe with 36 percent of respondents saying it was their favorite. More than half of US adults (51 percent) also agreed with the statement that “coffee is a pure pleasure to me”. 79% Of American Coffee Drinkers Are Consuming 2+ Cups Of Coffee Per Day Since the start of the COVID-19 pandemic, more Americans have been working from home, and for some, that means drinking more coffee. According to a recent survey by Statista, 79 percent of American coffee drinkers are consuming at least two cups per day when at home on a weekday. Only 21 percent of respondents said that they drank just one cup of coffee or fewer when at home. The survey, which was sourced from Statista, analyzed the habits of 831 daily coffee drinkers in the US aged 18-74. By comparison, 31 percent of respondents drank 4-6 cups of coffee per day while 20 percent consumed 3 cups and 27 percent consumed 2 cups of coffee per day. 62% Of Coffee Drinkers Buy A To-Go Coffee At Least 1x Per Week Coffee lovers aren’t just drinking coffee when they are at home either. In fact, 44 percent of Americans are drinking a to-go coffee more than once per week. That compares to 21 percent that said they drank one to-go coffee per week and 38 percent that said they drank a to-go coffee less often or even never. Overall, 20 percent of coffee drinkers said that they drank at least one to-go coffee every day. Drip Coffee (36%) Is America’s Favorite Way To Drink Coffee The survey also asked Americans to rate their favorite way to brew their coffee. Good old-fashioned drip coffee remains America’s preferred way to drink coffee with 36 percent of respondents saying it was their favorite. Cappuccino (11 percent), Iced Coffee (10 percent), and Instant Coffee (nine percent) were among the next on the list of America’s favorite way to drink coffee. Drip Coffee — 36% Cappuccino — 11% Iced Coffee — 10% Instant Coffee — 9% 74% Of Americans Drink Coffee Every Day Of course, this isn’t the first time that Statista polled Americans on their coffee drinking habits. The findings confirm another Statista study from the summer. Back in June 2022, Statista asked 1,592 Americans how often they drank coffee. A whopping 73.9 percent of respondents answered “every day” compared to 17.5 percent that responded “most days”. Meanwhile, only 8.5 percent of respondents were occasional coffee drinkers who responded “sometimes”. Coffee Is 2nd-Most Popular Drink After Bottled Water Coffee is still America’s drink of choice, according to a Statista poll that surveyed over 7,500 US adults from October 2021 to September 2022. In fact, only bottled water is consumed by more Americans as their drink of choice (63 percent). Trailing coffee, soft drinks (56 percent), juice (50 percent) and tea (48 percent) were also among the most common beverages consumed by US adults. When it comes to alcohol, beer (25 percent) edged out wine (24 percent) for the most popular alcoholic beverage in the US. Here are the full results from the poll below. Bottled Water — 63% Coffee — 57% Soft Drinks — 56% Juice — 50% Tea — 48% Energy Drinks — 27% Beer — 25% Wine — 24% For full survey data, visit: Contact Details Finance News Alex Brown

January 23, 2023 05:40 PM Eastern Standard Time

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Meta Masters Guild Presale Races Past $1 million with Crypto Gaming Project to See Stage 3 Price Increase

Finance News

Exciting new crypto gaming project Meta Masters Guild has now raised more than $1 million in just 12 days since its presale was launched. Such is the interest in MEMAG tokens that the planned stage 3 increase will happen six days ahead of schedule after being triggered by the number of purchases. While MEMAG were priced at $0.010 in stage 2, they will increase by 30% to $0.013 in stage 3. In fact, by the seventh and final stage of the presale, MEMAG will cost $0.023 - meaning those who invest in stage 3 can still see returns of at least 77% before the token is listed on exchanges. Visit Meta Masters Guild Presale Play-and-Earn Not Play-to-Earn for Long Term Growth Meta Masters Guild is promising to be a crypto gaming platform with several significant differences from those that have come before it. Despite the vast potential of GameFi, few P2E projects have been truly successful over a long period for a variety of reasons, including boring games where players lost interest, too much emphasis on grinding for rewards over gameplay and poor rewards mechanics. MMG is developing the world’s first dedicated Web3 mobile gaming platform and will avoid those pitfalls by producing games that have a ‘focus on fun’ over tokenization - games that are play- and -earn, not play- to -earn - and are enjoyable over the long term. Mobile games are cheaper, quicker and easier to produce than AAA-rated games and are also much more profitable given that they are more attractive to casual players. Newzoo research showed that in 2022, mobile gaming ($92.2 billion) was worth more than console ($51 billion) and PC ($38 billion) gaming combined and will likely be worth at least $103 billion by 2023. Furthermore, MEMAG tokens will not be used for rewards in the Meta Masters Guild ecosystem, thus removing the consistent selling pressure that other P2E tokens have faced. Gems, a second token that exists off-chain, will be used for rewards on the platform and is eanred when unlocking achievements or completing activities. It can also be used to purchase and trade all in-game assets - which are fully ownable as NFTs - and be converted back to MEMAG. Visit Meta Masters Guild Presale Meta Kart Racers Aiming for Top Spot Meta Kart Racers is one of three games currently in development in the MMG ecosystem with the developers aiming for it to be the most-played crypto game of the year. The game sees players purchase and upgrade drivers and karts and race against others in player-vs-player battles for the chance to win Gem rewards and take home the Meta Kart Championship. Meta Kart Racers also has a single-player mode where players can earn rare NFTs to use in other game modes. The NFT assets, such as karts and drivers, are usable in the game and totally owned by the players, as well as being rendered in full 3D. Data from Statista also shows that racing games are one of the fastest-growing and most popular sectors of the mobile gaming industry. Meta Kart Racers is already in advanced stages of its development and has been produced by Gamearound, which recently developed a game for billion-dollar fashion retailer Boohoo. Visit Meta Masters Guild Presale Meta Masters World and Raid NFT Two more games are currently in the early stages of their development on the Meta Masters Guild platform. Gamearound is also producing another game, Meta Masters World, a metaverse currently at the concept stage. It is an open-world game with little structure with players having few limitations on what they can do - players are free to explore, collect resources and complete missions, as well as interact with other players. Raid NFT is a turn-based fantasy fighting game that sees players choose a warrior class and battles others in hostile environments - it too has both PVP and solo modes. Meta Masters Guild is also developing a bustling central marketplace where players can buy, sell and exchange their in-game NFT assets and will also invite other developers and indie games studios to join their ecosystem. Visit Meta Masters Guild Presale How to Buy MEMAG As mentioned above, the MEMAG token presale is now heading into stage 3. To purchase tokens, buyers must have a crypto wallet such as MetaMask or Trust Wallet, which can be purchased with either ETH or USDT. WIth ETH or USDT in the wallet, simply head to the MMG website, connect, and follow the instructions on screen to complete the purchase of MEMAG. Meta Masters Guild has been developed by a doxxed team that have been KYC verified by CoinSniper, while the MEMAG token has been audited by SolidProof. Of the 1 billion token supply, 35% has been allocated to the presale and another 15% for liquidity and exchanges - there is no vesting period on these tokens and a hard cap of $4.97 million. The remaining supply has been divided between the ecosystem (15%), the marketplace (15%), the company reserve (10%) and the team (10%) - these tokens are vested for between 36 and 48 months. Visit Meta Masters Guild Presale Notes to editors Website: Social Channels: Twitter | Discord | Facebook | Telegram | YouTube | Instagram Contact Details Finance News Alex Brown

January 23, 2023 05:14 PM Eastern Standard Time

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Minuteman Press Franchise in Denver Acquires 31-Year Business A Great American Print Shop

Minuteman Press International Inc

Abel Corral, owner of Minuteman Press in Denver located at 4725 Paris Street, Suite 200, has acquired independent printing business A Great American Print Shop from retiring owner Frank Hibberd. A Great American Print Shop operated in Denver for 31 years. When Frank received a mailer from Minuteman Press, he reached out to Regional VP Jack Panzer. Jack says, “Frank wanted to retire and I told him about our unique ability to help independent print shops sell their business. I connected him with Abel, who had expressed interest growing and expanding his business through an acquisition. I am glad they were able to work out a deal, and I wish Frank all the best in retirement.” On the acquisition, Abel Corral says, “The acquisition came about on the heels of our three year anniversary; this is also our second acquisition in two years. I was looking for a way to grow my business and so I let it be known to Jack Panzer that I’d be interested in acquiring another print shop.” Abel continues, “A Great American Print Shop was strategically located within an area that I already reach and market to and so this acquisition just seemed like a good fit. I really liked that this was an established business with growth potential that I feel my team could capitalize on. The potential upside, close proximity, and perfect timing all came into play.” He adds, “The acquisition included an established client base, paper inventory, some equipment including cutters, and access to Frank during the transition. I expect this acquisition to help increase revenue by 20-25%. Also, this acquisition benefits AGAP’s customers in three key ways: First, we have received all of the previous artwork for AGAP clients to ensure a seamless transition as we serve their print, design, and mailing needs. Second, we will be able to offer promotional products and apparel to AGAP clients, which were not previously available. Third, we will be providing value-added local customer service and client support. Our Minuteman Press location is near Peoria & Interstate 70: 4725 Paris St. #200, Denver, CO 80239, inside the Pinecreek Office Center. We are also offering free delivery to AGAP customers.” Abel concludes, “I’m very grateful that my Regional VP Jack Panzer helped me by presenting this opportunity and helping me through the process. I expect this could be a game-changer for our business.” Abel Corral’s Minuteman Press franchise in Denver is located at 4725 Paris Street, Suite 200, Denver, CO 80239. For more information, call or visit their website: Learn more about #1 rated Minuteman Press franchise opportunities and see Minuteman Press franchise reviews at Contact Details Minuteman Press International Chris Biscuiti +1 631-249-1370 Company Website

January 23, 2023 12:00 PM Eastern Standard Time

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Xpoint Technology

Xpoint, the leading geolocation and compliance technology company specializing in North American sports betting, iGaming, and Daily Fantasy Sports markets, has been appointed to provide geolocation technology services by Casino Days, the popular Ontario licensed online casino brand. Casino Days has integrated Xpoint Verify, a geo-verification tool for real-money gaming operators, within its popular digital casino platform allowing its Ontarian users to enjoy safely, securely, and fraud-free. Casino Days is the first online casino brand created by Rhino Entertainment Ltd, an iGaming company dedicated to delivering the greatest casino products and online experience. Casino Days combines mobile functionality with a plethora of fast-loading slots and games from top providers, big bonuses, with professional support and lightning-fast payments, including Interac and cards. “Our goal is to make sure Casino Days provides players with the best online casino user experience. We have partnered with Xpoint to support detection of cases of fraud, false data, spoofing, and device tampering which is key in creating a safe digital space for our users,” added Ross Parkhill, Chief Executive Officer at Rhino Entertainment LTD. “We expect this partnership will serve Casino Days well as we look to grow our brand in Ontario, and we look forward to a long and mutually beneficial geolocation partnership with Xpoint.” “This partnership underlines the appeal of our geolocation technology among established operators, offering flexibility and rapid integration to help market entrants get up and running seamlessly with our location-based intelligence data and essential fraud prevention services,” said Marvin Sanderson, CEO of Xpoint. “Casino Days is a fantastic online casino brand, and we look forward to giving them access to our innovative data and platform.” Xpoint Verify with its geolocation validator software will enable Casino Days to validate GPS position, connections, and device information in seconds. Xpoint Verify sits alongside Xpoint Lite in Xpoint’s product suite, with Xpoint Lite being the go-to geolocation technology solution for fantasy sports and skill-based gaming operators. The two geo-verification technology products provided by Xpoint are live with multiple partners in Canada and throughout the USA, and is one of only two geolocation technology vendors licensed in New Jersey. For more details on Xpoint, please go to and follow Xpoint on social media via LinkedIn and Twitter. ABOUT XPOINT Xpoint provides essential geolocation security solutions and intelligent location-based marketing insights to the global sports betting and iGaming industries. Xpoint’s innovative Verify and Lite platforms ensures partners meet their regulatory geo-compliance obligations, and deliver enhanced value through the generation of location-based data that can drive marketing programs. Xpoint was founded in 2019 and officially unveiled in Las Vegas in 2021, and is led by the company's CEO Marvin Sanderson, a global sports betting and iGaming industry leader. With North American offices in Toronto, Canada and Miami, Florida, Xpoint is changing the global geolocation market, bringing innovation to an industry that has, to date, viewed geo-compliance as a utility, not a new business opportunity. For more information, visit and follow LinkedIn and Twitter for regular updates. ABOUT CASINO DAYS is the first casino brand launched by Rhino Entertainment Ltd and serves customers across several regions, languages, and currencies with a large variety of top-tier casino games. Rhino Entertainment Ltd is an iGaming company based in Malta with multinational teams, based across Macedonia, Spain, and several other countries. Casino Days is a multi-currency online gaming site operating across multiple licenses and allowing play with EUR, USD, CAD, NZD, PEN, BRL, NOK, ZAR, INR, MXN, TWD, THB, JPY, and also cryptocurrencies, such as Bitcoin, Litecoin, Ethereum and Ripple, where the regulatory conditions under particular licenses allow for this. Visit at Contact Details Xpoint Arisha Nomani +1 305-455-8776 Casino Days Roxana Zaharia Company Website

January 23, 2023 09:00 AM Eastern Standard Time

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OYO’s US Hotels Per Room Revenue Grows 46% Since Covid


June, July, August recorded strongest uplift in per room revenue at 64% vs same period in 2020 Coastal Oregon, Miami, Myrtle beach, Houston and San Antonio saw highest RevPar in 2022 for OYO US Global travel technology company, OYO’s US operations ended 2022 on a high with a 46% increase since Covid in revenue per available room for its hotels (RevPar). While the increase in RevPar was higher throughout 2022, when compared to the Covid lows of 2020, the strongest uplift in per room revenue, at 64%, was recorded during the peak season months of June, July, August vs the same period in 2020. This growth was consistently strong with even during the low season months of November and December showing 53% increase vs the same period in 2020. For OYO US, coastal Oregon, Miami, Myrtle beach, Houston and San Antonio emerged as the destinations with highest RevPar in 2022. Travel recovery was largely led by domestic travel in the US. According to OYO’s data Sumter, Niagara Falls, Brownsville, Columbia & Yuma emerged as top domestic destinations with the best Y-o-Y growth (vs 2021). Talking about the recovery, Gautam Swaroop, CEO OYO International said, “We are seeing a steady rise in per room revenue throughout 2022, with even shoulder season (September, October) outperforming and witnessing a 44% rise vs Covid. While many experts and industry watchers touted that the industry will bounce back to normalcy only by 2025, we are seeing consistent growth and uptick in bookings. Like most markets around the globe domestic tourism has fuelled growth in many of the popular tourist destinations like the Niagara Falls. Travel industry has truly shifted gears in 2022 and this recovery is only a precursor to a ‘sold-out’ 2023.” OYO offers hotels access to a large base of regular customers through its app and website, and also lists hotels on multiple Online Travel Agents (OTAs) to boost booking demand and, therefore, revenue. OYO’s best-in-class Artificial Intelligence-enabled pricing software automatically drives the best booking prices across all channels, based on room type, seasonality and other factors, therefore, enabling such doubling of revenues. The company also helps ensure great experience for customers, with ease of search and quick booking experience, highly competitive room prices, automated tools such as Artificial Intelligence powered chatbots to quickly resolve customer queries, loyalty programmes and easy refund, if needed. OYO recently released its annual travel index Travelopedia 2022. According to the data, Texas is the most travelled state in 2022 for OYO customers. Houston, St. Louis Missouri, Markham, Durham (North Carolina) and Oklahoma City were the most booked destinations in the USA. Houston, San Antonio, Oklahoma City, Tulsa, and Jackson were the most booked business travel destinations in 2022. About OYO OYO is a global platform that aims to empower entrepreneurs and small businesses with hotels and homes by providing full-stack technology products and services that aim to increase revenue and ease operations; bringing easy-to-book, affordable, and trusted accommodation to customers around the world. OYO offers 40+ integrated products and solutions to patrons who operate over 168,711 hotel and home storefronts in more than 35 countries including India, Europe and Southeast Asia, as of September 30, 2022. For more information, visit Disclaimer: Oravel Stays Limited is proposing, subject to applicable statutory and regulatory requirements, receipt of requisite approvals, market conditions and other considerations, to make an initial public offering of its equity shares (the “Equity Shares”) and has filed the Draft Red Herring Prospectus (“DRHP”) with the Securities and Exchange Board of India (“SEBI”). The DRHP is available on the website of SEBI at, websites of the Stock Exchanges, i.e., BSE Limited and National Stock Exchange of India Limited at and, respectively, and is available on the websites of the Global Coordinators and Book Running Lead Managers, i.e., Kotak Mahindra Capital Company Limited, J.P. Morgan India Private Limited and Citigroup Global Markets India Private Limited at, and; the websites of the Book Running Lead Managers, i.e., ICICI Securities Limited, Nomura Financial Advisory and Securities (India) Private Limited, JM Financial Limited and Deutsche Equities India Private Limited at,, and, respectively. Investors should note that investment in equity shares involves a high degree of risk and for details relating to the same, refer to the Red Herring Prospectus which may be filed with the Registrar of Companies in the future, including the section titled “Risk Factors”. Potential investors should not rely on the DRHP filed with SEBI for making any investment decision. The Equity Shares offered in the Fresh Issue (as defined in the DRHP) and the Offer for Sale (as defined in the DRHP) have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”) and, may not be offered or sold within the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws. Accordingly, the Equity Shares are only being offered and sold (i) within the United States only to “qualified institutional buyers” (as defined in Rule 144A under the Securities Act) in transactions exempt from, or not subject to, the registration requirements under the Securities Act, and (ii) outside the United States in offshore transactions in reliance on Regulation S under the Securities Act and pursuant to the applicable laws of the jurisdictions where those offers and sales are made. There will be no public offering of the Equity Shares in the United States. Contact Details OYO Anupriya +91 97911 63065 Company Website

January 23, 2023 06:30 AM Eastern Standard Time

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Sports Betting Promo Codes and Bonuses for Buffalo Bills vs. Cincinnati Bengals.

Sports Betting US

Cincinnati Bengals Vs. Buffalo Bills Overview: On Sunday, January 22nd, 2023, at 12:00 pm PT, Ohio’s Cincinnati Bengals and New York’s Buffalo Bills will head to head in the NFL Divisional Round. The game will take place in Highmark Stadium, Orchard Park, New York, and will be streamed live for anyone across the United States who wants to watch. Best Ohio Sportsbooks for NFL Divisional Playoffs Draftkings FanDuel Betrivers Pointsbet BetMGM Caesars Bet365 Superbook Betfred OH only. 21+. Gambling problem? Call 1-800-GAMBLER. T&Cs apply More details on the previous and next rounds In the previous round, the wild card round, the Bengals beat the Ravens 24-17 with a 98-yard scoop and score touchdown giving them a 6-point lead in the fourth quarter. This win brought them one step closer to the final round, the Super Bowl. If Ohio’s Cincinnati Bengals win this game, the Divisional round, they will compete on the 29th of January in the Conference Championships; in this round, two teams go head to head to determine the two teams that will compete in the Super Bowl. Buffalo Bills Climb To The Super Bowl The Buffalo Bills are New York’s team; founded in 1960, they began as one of the worst teams in the league, but in its fifth year of existence, they won their first championship title. They have had a rocky road to success, but between 1991 and 1994, they competed in the Super Bowl four consecutive times, but unfortunately lost each time. Cincinnati Bengals Climb To The Super Bowl Ohio’s Cincinnati Bengals were founded in 1968 as part of the American Football League (AFL) west division, they later joined the National Football League (NFL) in the AFL and NFL merger/ They have competed in over 850 games. Still, it has been a difficult road to the Super Bowl. Between 1970 and 1975, they competed in three Divisional Playoffs but sadly lost each time. In 1981 and 1988, the Bengals won the Divisional Playoffs and the AFC Championship but lost at the Super Bowl both times. Between 1990 and 2015 was a struggle for the Bengals; in 1990, they won the Wild Card Playoffs but lost the Division Playoffs, but from 2005 to 2015, they lost 7 Wild Card Playoff rounds. In 2021 Cincinnati Bengals made a comeback winning the Wild Card Playoffs, Divisional Playoffs, and the AFC Championship but unfortunately losing at the Super Bowl once again. How to sign up to claim a Bills v Bengals Promo Code Signing up to a site and claiming their bonus is usually a straightforward and quick process; in order to sign up to a sports betting site and therefore claim its promotion, players must be 21 years or older, and for these offers, players must reside in Ohio. All bonuses are different, so players must always read the full terms and conditions before claiming them. Follow the steps below to sign up and claim a Bills Vs. Bengals promotion: Open the website or app of your selected Sportsbook. Create an account using the identification details they require. Ensure to enter the promo code while you sign up. Make the minimum deposit required. Then use the bonus and start betting! Frequently Asked Questions Can I bet on Bengals Vs Bills live? Yes, one of the perks of signing up for our suggested sportsbooks is that they have live betting options. This means that during the game, you can make predictions on Score, points, who will score, and who will win, among other things, while the game is happening. Can I bet via sportsbook mobile apps? Yes, any Sportsbook with an app should allow players to bet on whichever sport they wish through it. Players can also bet live using new sportsbook apps if they would like. What are the best promo codes for Buffalo Bills v Cincinnati Bengals? It is hard to distinguish which sportsbook offers the best promo codes for this game; however, the offers we have selected are considered the best out of the ones available at the moment. OH only. 21+. Gambling problem? Call 1-800-GAMBLER. T&Cs apply Further Reading Contact Details Sports Betting

January 22, 2023 05:00 AM Eastern Standard Time

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