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Treliant Adds Cryptocurrency Advisor Michael Saxon to Expand Blockchain and Virtual Currency Services

Treliant

Michael Saxon has joined Treliant as Senior Director, to expand the firm’s blockchain and cryptocurrency advisory services. Michael regularly advises consultants and clients on blockchain technologies and virtual currencies, and he has led projects supporting many of the most prominent companies in the cryptocurrency market. “Business models built on blockchains and virtual currencies are proliferating in both mainstream financial services companies and disruptive FinTech startups—introducing unprecedented risk as well as opportunity,” said Treliant Managing Partner Ross Marrazzo. “Michael understands this emerging market like few others, and can help clients control critical issues in operations and strategy, compliance, and financial crimes mitigation.” “I’ve long been dedicated to helping founders and executives systematically build and grow their businesses by staying at the leading edge of new technologies,” Michael said. “The key is to embed innovations like cryptocurrency in proven leadership and business methodologies.” Michael’s consulting in the virtual currency market has focused on operations and compliance systems; processes mitigating anti-money laundering and sanctions risk; and compliance systems and regulatory matters. Past engagements include: serving as project manager and primary author for a crypto startup “go-to-market” compliance risk assessment, road map, and program development project; serving as Interim BSA Compliance Officer for a U.S.-based crypto on-ramp technology provider; and serving as team leader for a global digital currency exchange’s compliance initiative to mitigate customer anti-money laundering/Bank Secrecy Act (AML/BSA) risk. He has also advised crypto companies on customer and third-party disputes and litigation, and on state and federal regulatory engagement. He has trained executives and analysts on the emerging market. Michael is a retired U.S. Army officer and combat veteran who served on the faculty of the United States Military Academy at West Point for 10 years, culminating in his directing West Point’s ethics education program. He holds a BS from West Point and an MA and PhD from Indiana University. He also holds certifications in interorganizational planning and in organizational strategy. Treliant is a multi-industry consulting firm that serves organizations around the globe. Our firm serves financial institutions, consumer-oriented businesses, other corporations, and law firms. As a firm of leading professionals from industry and government, we assist our clients in navigating regulatory requirements and on best practices, while meeting strategic and operational objectives. We partner with clients as trusted advisors and via managed services including through secondments, interim resources, and other outsourcing strategies. Our advisory and assurance services and specialized, high-quality business solutions strengthen our clients’ corporate and regulatory compliance programs, risk management, and business performance. We also provide comprehensive support for corporate and regulatory investigations, litigation, and as government agency monitors and independent consultants. We serve companies from Main Street to Wall Street and across the globe. Contact Details Melissa Pazornik +1 202-249-7932 mpazornik@treliant.com Company Website https://www.treliant.com

November 15, 2021 10:30 AM Eastern Standard Time

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Customer Experience and Customer Engagement Market to Surpass $100 Billion in Annual Worldwide Revenue by 2026, According to Dash Research

Dash Network

Customer experience (CX) and customer engagement (CE) initiatives continue to be a major priority for organizations around the world, especially in light of the significant changes and disruptions to customer relationships that emerged as a result of the COVID-19 pandemic. According to a new report from Dash Research, this level of focus is leading to brisk growth in the market for CX/CE technology platforms. “While CX improvements are largely driven by organizational change management, software is increasingly being used to support these initiatives by managing and making available the plethora of customer data that is captured and aggregated from a variety of sources,” says principal analyst Keith Kirkpatrick. He adds that some of the key drivers of market growth include pandemic-related shutdowns and reopening, increased focus on omnichannel customer interaction capabilities, the rise of customer centricity, and the elimination of functional silos within organizations. Dash Research forecasts that global CX/CE revenue will increase from $63.6 billion in 2021 to $100.3 billion by 2026. The market size experienced a 13.5% decline between 2019 and 2020 due to economic effects of the COVID-19 pandemic, but spending has recovered in 2021 and is projected to reach 2019 levels again by the end of 2022. The market intelligence firm forecasts that the top 5 industries in terms of CX/CE spending between 2021 and 2026 will be as follows: Telecommunications Healthcare Financial Services & Insurance Retail Government/Public Sector Dash Research’s report, “CX Market Forecasts”, includes a detailed market sizing and forecast model that focuses on the business-to-business (B2B) and business-to-consumer (B2C) software and services opportunity related to CX and CE. The forecast is split into a variety of segments, based on the world region in which the solution is used, the offering itself, functional area, and industry. The impact of the COVID-19 pandemic, the market drivers and barriers, and insights into four industries that are driving the market spending are discussed in the report, along with recommendations for both end users and vendors. An Executive Summary of the report is available for free download on the firm’s website. Dash Research, the market intelligence arm of Dash Network, provides in-depth research and insights on the worldwide CX market including a comprehensive assessment of technology solutions, business issues, market drivers, and end-user dynamics across industry sectors. Dash Research’s global market coverage combines qualitative and quantitative research methodologies to provide a complete view of emerging business opportunities surrounding contact center technologies, customer data & analytics, customer data platforms, customer insights & feedback, customer relationship management, personalization & optimization, and employee experience. For more information, visit www.dashresearch.com or call +1.720.603.1700. Contact Details Clint Wheelock +1 720-603-1700 press@dashnetwork.com Company Website http://www.dashnetwork.com

November 15, 2021 05:30 AM Eastern Standard Time

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Home Maintenance Tips for the Winter: How to Know if You Need to Call an Expert

YourUpdateTV

A video accompanying this announcement is available at: https://youtu.be/2UPtX1CdE1s Ready or not, winter is on its way. Depending on where you live, you might've already felt the temperature drop, which means it's a good time to start preparing your home for the coldest months ahead. But if you’re not an expert in DIY home maintenance, knowing where to look and knowing what to look for can be difficult. It may be time to call in the real experts. On Thursday, November 4 th, Chief Operating Officer of One Hour Heating & Air Conditioning, Benjamin Franklin Plumbing and Mister Sparky Electric, Mark Dawson conducted a nationwide media tour to share helpful tips on preparing your home for winter and for the influx of family and friends this holiday season. For more information, expert and licensed professionals at Benjamin Franklin Plumbing, One Hour Heating & Air Conditioning and Mister Sparky are ready to assist and service homeowners across the country. To request a service, visit: https://www.mistersparky.com/ https://www.benjaminfranklinplumbing.com/ https://www.onehourheatandair.com / About YourUpdateTV: YourUpdateTV is a social media video portal for organizations to share their content. It includes separate channels for Health and Wellness, Lifestyle, Media and Entertainment, Money and Finance, Social Responsibility, Sports and Technology. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

November 10, 2021 04:54 PM Eastern Standard Time

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BEASY Partners with Toldright to Provide Digital Asset Creation Services to Athletes, Musicians and Creators of all Types

Beasy, LLC

Blockchain Made Easy (dba BEASY) announced today it has agreed to a multi-year partnership with toldright, a first-of-its-kind production resource company dedicated to enhancing the video content of their clients through storytelling. Toldright will provide value added services to BEASY enabled communities. Toldright is a disruptive, new on-demand model for video production that matches clients with experienced creative professionals to elevate the look and feel of their video content. Founded by world-class industry leaders, toldright’s exclusive ‘Neighborhood’ includes more than 1,800 fully-vetted Emmy Award-winning artists around the country, featuring top-tier producers, editors, on-air talent, technical specialists, and more. Demand for video content has exploded in recent years, and professional athletes and brands continue to use video to tell their stories. “Offering BEASY creators access to toldright’s top-notch network of video talent and storytellers will help them produce innovative and engaging digital content in support of their own brands,” says Bob Kramich, Founder and CEO of BEASY. “Video and storytelling are key factors to successful sales and marketing, especially for athletes in this name, image and likeness (NIL) era. We are thrilled to be working with such an incredible player in the market,” he adds. The partnership between BEASY and toldright now offers smaller companies, organizations and individuals access to what has traditionally only been available to large corporations. “We are excited to work with BEASY to exclusively link its rapidly-growing community to our extensive ‘Neighborhood’ of global top-tier talent typically reserved for major networks,” says Max Heineman, CEO and Co-Founder of toldright. “BEASY participants now have access to the highest-quality people and production tools for telling and authenticating their digital legacies using blockchain technology.” This is the third press-release in recent weeks from BEASY. On October 21st and November 1st, BEASY announced multi-year agreements with Tykes, Inc., and the Recording Artists Guild (RAG), respectively. # # # About BEASY Blockchain Made Easy ™️, LLC is a Massachusetts-based technology and professional services company empowering retail and business customers with the ability to deploy customized blockchain-based strategies through easy-to-use blockchain software products. The company’s core product, BEASY Authentication ™️, is a multi-blockchain platform and associated wallet solution allowing users to seamlessly create, sell, and track digital goods in addition to a broad range of other applications such as digital identity management, fractional and whole digital asset ownership, royalties management, contract-to-smart contract management and more. BEASY does this without requiring owning or managing any cryptocurrency on major compatible blockchain networks such as Ethereum, Matic and more. BEASY is committed to making blockchain adoption easy. For more information, go to www.BEASY1.com About toldright Toldright is the first-of-its-kind on-demand production resource, transforming the video industry and empowering companies of all sizes the opportunity to tell great stories with an end-to-end solution that delivers accessibility, efficiency, unprecedented value, and amazing content. Through our exclusive “neighborhood” of 1,800 fully vetted production and content creators around the nation, that includes Emmy and Oscar Award winners, toldright has the flexibility to provide 5-star experts to meet the demands of any project. Founded by world-class industry leaders, toldright has already been trusted by iconic brands including ESPN, Tiger Woods Foundation, NFLPA, LPGA, Twitter, Showtime, Adobe, Citi, Xerox, and Dell. For more information on toldright, please visit www.toldright.com. # # # Media Relations Contacts: BEASY, LLC. Contact: David Kaupp info@beasy1.com Twitter: https://twitter.com/BeasyInc LinkedIn: https://www.linkedin.com/company/beasy-blockchain-made-easy-llc/ Instagram: https://www.instagram.com/beasy1859/ Toldright Matt Saler, Vice President M: +1 215 432 3149 301 E 57th Street New York, NY 10022 www.finnpartners.com Blockchain Made Easy, LLC is a Massachusetts-based technology and professional services company empowering retail and business customers with the ability to deploy customized blockchain-based strategies through easy-to-use blockchain software products. The company's core product, BEASY Authentication, is a multi-blockchain platform and associated wallet solution allowing users to seamlessly create, sell, and track digital goods in addition to a broad range of other applications such as digital identity management, fractional and whole digital asset ownership, royalties management, contract-to-smart contract management and more. BEASY does this without requiring owning or managing any cryptocurrency on major compatible blockchain networks such as Ethereum, Matic and more. BEASY is committed to making blockchain adoption easy. For more information, go to www.BEASY1.com Contact Details Beasy, LLC David Kaupp +1 978-360-6698 info@beasy1.com toldright Matt Saler, Vice President +1 215-432-3149 Company Website https://www.beasy1.com

November 09, 2021 11:06 AM Eastern Standard Time

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Global Employee Engagement Study Finds Only Half of Employees Happy at Work

Great Place to Work®

Great Place to Work®, the global authority on workplace culture and leader in certifying great employee experiences around the world, today announced the results of its 2021 Global Employee Engagement Benchmark study, a data-led analysis of employee satisfaction around the globe. The study surveyed over 14,000 workers across 37 countries to determine the average employee experience. The study found that only about half of employees worldwide are experiencing a great workplace, with little variation across regions. In the U.S. and Canada, just 53% of employees are reporting a positive experience at work. In Latin America, the highest-scoring region, 60% of employees report a positive employee experience. By comparison, Europe, the lowest-scoring region, saw 52% of employees reporting a positive experience. Source: Great Place to Work® Global Employee Engagement Benchmark study There were also few differences across industries. Hospitality saw the lowest score, with only 49% of employees reporting a positive experience, while all other industries in the study averaged between 54% and 60%. Employees rated their workplaces against 17 statements in Great Place to Work’s confidential Trust Index™ survey. The statements measure factors that contribute to a positive employee experience such as a sense of purpose, innovation opportunities, psychological safety, leadership and fairness. Within these findings, four challenges stood out as most common to workplaces today, with employees citing inequity, lack of meaningful connection, lack of purpose and poor leadership. “These experiences are sadly familiar to many employees,” says Michael C. Bush, CEO of Great Place to Work. “Moreover, they’re hurting companies’ agility, innovation and performance.” The study shows that more than half of workers feel pay and promotions are handled unfairly. As well, 43% said they believe their coworkers don’t care for each other, 35% said they feel they can’t be themselves at work and 45% say their workplaces are not psychologically and emotionally healthy. Roughly half of all employees reported their leaders do not genuinely care for them as people, don’t involve them in decisions and fail to match their actions to their words. And nearly half of all employees said they do not intend to stay with their current workplace, nor are they willing to recommend their employer. By contrast, employee feedback data from companies that are Certified™ by Great Place to Work shows that when workplaces provide positive leadership, a sense of purpose and opportunity for meaningful connections with colleagues, employees’ intent to stay improves by 52%, while their willingness to recommend their employer to others increases by 65%. About Great Place to Work Great Place to Work is the global authority on workplace culture. Since 1992, they have surveyed more than 100 million employees around the world and used those deep insights to define what makes a great workplace: trust. Great Place to Work helps organizations quantify their culture and produce better business results by creating a high-trust work experience for all employees. Their unparalleled benchmark data is used to recognize Great Place to Work-Certified™ companies and the Best Workplaces in the U.S. and more than 60 countries, including the 100 Best Companies to Work For® and World’s Best list published annually in Fortune. Everything they do is driven by the mission to build a better world by helping every organization become a great place to work For All™. To learn more, visit greatplacetowork.com, visit Great Place to Work’s company culture blog and read “ A Great Place to Work For All. ” Join the community on LinkedIn, Twitter, and Instagram. Contact Details Kim Peters +1 415-844-2574 kpeters@greatplacetowork.com

November 09, 2021 07:00 AM Eastern Standard Time

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NMTC Coalition Urges White House and Congressional Leadership to Make the NMTC Permanent within the Final Federal Appropriations Package, As Passed by the House Budget Committee

New Markets Tax Credit Coalition

Today, the New Markets Tax Credit (NMTC) Coalition, a national membership organization of Community Development Entities (CDEs) and investors organized to advocate on behalf of the NMTC, released a letter signed by 400 community development stakeholders to President Biden, House Speaker Nancy Pelosi, and Senate Majority Leader Chuck Schumer, urging Democratic leadership to include provisions to make the New Markets Tax Credit Program permanent. The Coalition also supports additional NMTC enhancements approved by the House Ways and Means Committee in the budget reconciliation legislation. The Joint Committee on Taxation estimates the ten-year cost of the Ways and Means NMTC provisions at only $2.6 billion over ten years, while those funds will leverage an estimated $85 billion investment in economically distressed rural, urban, and tribal communities. These communities will benefit from improved services, increased private sector investment, and 700,000 new jobs at a federal cost of under $4,000 per job. “We strongly support making the NMTC permanent,” said Yvette Ittu, President of the NMTC Coalition and President of Cleveland Development Advisors. In February, Reps. Terri Sewell (D-AL), Tom Reed (R-NY), Sens. Ben Cardin (D-MD) and Roy Blunt (R-MO) introduced the New Markets Tax Credit (NMTC) Extension Act of 2021. The legislation permanently extends NMTC at $5 billion in annual credit authority, adjusts that amount for inflation in future years and provides an exception from the Alternative Minimum Tax (AMT) for New Markets investments. In December 2020, Congress extended the NMTC for five years, which was the largest extension in the history of the Credit. Throughout its 20-year history, the NMTC has delivered more than $110 billion to rural and urban communities outside the economic mainstream, which has led to financing to more than 6,000 business and projects and over one million jobs. Establishing the NMTC as a permanent part of the tax code will provide certainty and further promote the in getting patient, flexible capital to low-income and marginalized communities, creating jobs, increasing economic opportunity, and improving lives at a time when the economic frailty of our underserved communities has never been more apparent. Established in 2000 in the Community Renewal Tax Relief Act (P.L.106-554), the New Markets Tax Credit is a bipartisan effort to stimulate investment and economic growth in low-income urban neighborhoods and rural communities. Since then, the New Markets Tax Credit has financed more than 6,500 projects and created over one million jobs in all 50 states, the District of Columbia and Puerto Rico. “Following devastating impacts from COVID-19, the New Markets Tax Credit is absolutely vital for many of America’s urban neighborhoods and rural communities and will provide billions of dollars for high-impact, community revitalization projects,” said Bob Rapoza, spokesperson for the NMTC Coalition. “Over the years, the credit has been instrumental in financing plant and equipment for small manufacturing businesses and patient flexible capital to other small businesses, hospitals, healthcare centers, homeless shelters and other transformative projects that improve communities, create jobs and economic opportunity. A permanent extension of NMTC will provide more certainty to private sector investors, which will result in better pricing and more subsidy to hard-to-finance, essential projects.” For examples of how the NMTC is making an impact in each state, see the NMTC Coalition’s newly released report, NMTC at Work in Communities Across America, featuring updated state statistics sheets on NMTC efficacy and more than 80 Tax Credit success stories. About New Markets Tax Credit Program The New Markets Tax Credit (NMTC) was enacted in 2000 in an effort to stimulate private investment and economic growth in low-income urban neighborhoods and rural communities that lack access to the patient capital needed to support and grow businesses, create jobs, and sustain healthy local economies. Since its inception, the NMTC has generated more than one million jobs. Today, due to the NMTC, nearly $110 billion is hard at work in underserved communities in all 50 states, the District of Columbia, and Puerto Rico. For more information, visit www.NMTCCoalition.org Contact Details Bob Rapoza +1 202-498-9921 bob@rapoza.org Company Website https://nmtccoalition.org/

November 08, 2021 02:50 PM Eastern Standard Time

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National Partnership Action Fund Launches C4 Accountability Campaign Around Women’s Agenda

National Partnership Action Fund

Today, the National Partnership Action Fund announced that it is launching a campaign effort to ensure that the agenda that women and families voted for in the past election is carried out by policy makers. Recent polling has shown that paid family and medical leave is one of, if not the most, popular elements of any plan to help our economy rebuild amidst an ongoing pandemic. Women in particular have borne the brunt of the pandemic, with 3 million leaving the workforce, with one of the core reasons being a lack of ability to take leave to care for themselves and others. Yet the past few weeks have shown that women are still having to fight to be heard in the broader agenda. The Action Fund plans to engage in both grassroots and grasstops outreach in districts to ensure that the public knows who has stood up for their priorities, with elected officials being identified as She-roes or Zeros, to encourage and assist people in calling on their elected officials for action. The Fund will launch with a six-figure coffer with plans to raise additional funds from individuals and organizations who want to see Congress take stronger action for women’s priorities. “This past election women came out in larger numbers to support bold change,” said Lelaine Bigelow, Campaign Director of the National Partnership Action Fund. “We turned out in larger numbers than our male counterparts and we were the backbone of campaigns around the country. Yet we still have a culture that believes that infrastructure is only hard-hat jobs and that caregiving is women’s work and not worth investing in completely. We’re excited to launch this campaign to ensure that our elected officials hear loud and clear that we are watching and that we expect them to hold the line for women and families.” Contact Details Amaya Smith asmith@nationalpartnershipaction.org

November 03, 2021 04:09 PM Eastern Daylight Time

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Lexion Launches Email-First Contract Workflows for Rapid, Easy Adoption

Lexion

Lexion, an AI-powered contract management system, today announced Lexion Workflow, a new module that accelerates the in-house legal contracting process. Lexion’s Workflow spans the entire end-to-end contracting lifecycle from intake, drafts, and negotiation, to approvals and signature. Unlike other contract management systems, stakeholders can work with Lexion’s Workflow entirely via email, eliminating the need for complex configuration and training. “Incredibly easy is our key focus,” said Gaurav Oberoi, co-founder and CEO of Lexion. “In-house legal teams are tired of CLMs that over-promise and under-deliver. The root cause of that frustration is nearly always tied to organization-wide change management requirements and lengthy implementations. After speaking with more than 50 in-house counsel, it was clear to us that the key to unlocking value was to give legal teams an intuitive dashboard to manage intake and tasks, while letting the rest of the company simply email in requests, redlines, approvals, and follow-up questions.” “With Lexion, anyone in our company can simply send an email asking for a contract review, and it turns the request into a task on a dashboard,” said Michael Leman, Deputy General Counsel at Fox Factory (NASDAQ: FOXF). “I can then manage the entire process in one place, while my internal clients can remain in email. Unlike the prior CLM system we used, Lexion has made company-wide adoption painless, and given our legal team tools to clearly communicate status, measure performance KPIs, and accelerate contracting.” According to Gartner, legal departments will increase their technology spend 300 percent by 2025, and yet only realize 30 percent of the potential benefit of their CLM investments because of the complexities of requirements gathering, change management, and user adoption. Lexion is positioned to capture this demand by offering a pragmatic platform that delivers on the promise of speeding up contract review and eliminating legal busywork. Lexion will accomplish this with a focus on ease of use and AI-powered automation as key drivers. “Many of our clients are interested in improving the contracting process,” said David Wang, Chief Innovation Officer at Wilson Sonsini. “However, they are wary of the cost of implementation, and the difficulty of getting the entire organization to adopt elaborate systems. Lexion’s novel, email-centric approach, is a game changer in that it addresses the chief barriers to adoption and dramatically increases the chance that the business will realize the benefits of the system.” With the addition of Workflow to Lexion’s AI-powered Repository, Lexion now offers an end-to-end contract management solution for in-house legal teams that helps them capture key metrics and accelerate deals while using AI and automation to help them scale. About Lexion Lexion is an incredibly easy to use contract management system, powered by AI. We're on a mission to make legal teams highly productive and happy, by accelerating contract review and eliminating busywork through automation and AI. We use best in class natural language processing technologies to make it 100x easier for legal teams to find what’s in their contracts and automatically stay organized. Best of all, Lexion’s email-centric approach, and legacy contract onboarding, makes implementation and adoption easy. We built Lexion at Microsoft co-founder Paul Allen’s artificial intelligence research institute (AI2) and are backed by the same investors that funded OpenAI (Khosla Ventures), helped launch Amazon (Madrona Venture Group), and have advised Google (Wilson Sonsini). With a top notch and experienced team from Microsoft, Facebook, Google, and Amazon, we built a company that CB Insights ranked the #1 most promising AI legal tech startup in the world two years in a row (2020, 2021). Most importantly, fantastic brands trust Lexion to manage their contracts: Outreach, OfferUp, Blue Nile, and many more. Visit https://lexion.ai for more. Contact Details Forrest Carman +1 206-859-3118 forrestc@owenmedia.com Company Website https://lexion.ai/

November 03, 2021 09:00 AM Pacific Daylight Time

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British fintech Nimbla attracts £5.1m investment as embedded insurance takes off

Stockwood Strategy

Fintech business insurance startup Nimbla has today announced a £5.1m funding round led by Silicon Valley venture fund Fin VC with participation from Barclays Bank. The funding comes as Nimbla seeks to scale its operations with increased demand from embedded credit risk solutions through its API with banks and alternative lending platforms. Founded in 2016, the Nimbla platform has given businesses the confidence to trade with a peace of mind using invoice insurance with quotes provided within seconds. Their proprietary digital automated credit risk platform is able to process requests immediately and provide real time quotes. Nimbla has processed over 67m invoices worth £2.5b. During the pandemic, volumes of invoices tripled as economic uncertainty and supply chain concerns increased and Nimbla continued writing new business. Flemming Bengtsen, CEO at Nimbla commented: “We have been growing steadily over the past few years, ramping up our technology and team to better understand businesses, the nature of B2B debt and to make faster decisions to serve our growing customer base. 2020 was a seminal year for Nimbla, at a time of global crisis, we were there for businesses enabling them to trade with a peace of mind and giving them confidence to carry on. This funding round will enable us to expand our platform, grow the team as we enable a confident and trusted trading environment for businesses across the UK and beyond”. Nimbla has worked directly with businesses and brokers to provide invoice insurance cover and more recently has launched a new API for Banks, fintech lenders and B2B platforms to enable more business to access the service. Nimbla partnered with Barclays Bank in 2020 to give their one million small business customers the ability to take out insurance against individual invoices, rather than the whole book. “We have built a powerful and robust credit risk model, automated large parts of the process and have now launched a new API to enable others to embed seamless credit risk solutions into their platforms” added Flemming Bengtsen. On investing in funding round Henry Cashin, Head of EMEA at Fin VC, commented: “Nimbla is giving businesses the confidence to trade again. They have a proven credit risk model and its tech is being adopted by top tier banks and a host of lending platforms. We believe this will scale their reach and help more businesses benefit long term”. Looking ahead, Flemming Bengtsen commented: “UK companies have added £1.9tn debt in 2020 to their balance sheets, taking the total amount outstanding to over £6.6tn. This number was inflated by the various government loan schemes. Over half of them are carrying ‘toxic debts’ which carries enormous risk for their trade creditors, there is a huge opportunity and responsibility for Nimbla to give companies a peace of mind and insure their invoices against insolvencies”. About Nimbla Nimbla makes sure businesses get paid for their hard work, even if a customer becomes insolvent. Founded in 2016, the company is on a mission to give SMEs the confidence to trade with a peace of mind using invoice insurance. Nimbla’s digital insurance platform backed by expert risk analysts, allows businesses to check a buyer’s ability to pay and insure individual invoices against non-payment in a fast and affordable way. This will enable business owners to safeguard against insolvent customers, expand into new and existing markets and secure better borrowing terms. The platform can be accessed directly (www.nimbla.com) and through partnerships with Barclays and insurance brokers. Based in London, Nimbla aims to bring the trade credit industry into the 21st century. Challenging traditional insurance models, the cover is flexible and adapts to fit your business — whether it’s a one-off invoice or multiple transactions. Contact Details Nimbla Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://www.nimbla.com/

November 03, 2021 08:00 AM Eastern Daylight Time

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