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Heura Uses ToolsGroup for Digital Supply Chain Transformation to Support Global Expansion

ToolsGroup

ToolsGroup, a global leader in retail and supply chain planning and optimization software, is proud to announce it has been selected by Heura, a leader in next generation plant-based meat production, to help the company achieve the planning speed and accuracy necessary to transform its supply operations and meet the growing demands of its global expansion. “We started Heura in 2017 to empower people to participate in a more nutritious and sustainable food system. Over the past few years, it has become evident that people are ready for this new era of responsible food sourcing and production,” said Daniel Salrach Ruiz, Supply Chain Director. “With our operations expanding into markets throughout Europe, we realized the need to digitally transform our supply chain so we can keep pace with our increasingly complex network and exciting growth in customer demand. ToolsGroup has been an invaluable partner, helping us drive growth and achieve greater efficiency through automation while reducing inventory 10%.” As Heura’s business grew, so did the complexity of its supply chain. Heura began exploring solutions for digital supply chain transformation and ultimately chose ToolsGroup Service Optimizer 99+ (SO99+). ToolsGroup’s unique AI-powered demand modeling engine enables the planning team to better capture the impact of demand-shaping factors, interpret shifting demand signals for more accurate forecasts, and adapt quickly to Heura’s widening network. ToolsGroup also supports cross-functional visibility and team collaboration for faster communication and decision making, a critical capability amid rapid growth. Now, ToolsGroup gives the Heura team instant access to the insights it needs to make faster, more effective decisions as the company expands across Europe and the world. “Modern supply chains need a powerful digital engine to keep up with the accelerated pace of commerce worldwide,” says ToolsGroup CEO, Inna Kuznetsova. “By implementing best-in-class digital solutions, replete with AI-driven capabilities, companies can seize the opportunity to transform their supply chain operations and perfect their business strategies to become market leaders. We’re thrilled to be partnering with Heura, supporting this dynamic period of growth with ToolsGroup’s cutting-edge innovations and contributing to healthier, more sustainable food production practices.” For more information about how AI-powered probabilistic forecasting lays the foundation for supply chain growth, read the full case study HERE. About Heura Heura is a 100% plant-based meat startup founded by activists Marc Coloma and Bernat Añaños in April 2017. Their mission is to create solutions that render the current food system obsolete and accelerate the transition to a world where animals are no longer part of the protein production equation. Their Mediterranean culinary heritage is reflected in their products: extra virgin olive oil, a clean label, high nutritional values, and flavor. Currently, Heura is present in over 22,000 points of sale in 20 countries around the world. About ToolsGroup ToolsGroup’s innovative AI-powered solutions enable retailers, distributors, and manufacturers to navigate through supply chain uncertainty. Our retail and supply chain planning suites empower a new level of intelligent decision making and unlock powerful business improvements in forecast accuracy, service levels, and inventory - delighting customers and achieving financial and ESG KPIs. Stay in touch with ToolsGroup on LinkedIn, Twitter, YouTube, or visit www.toolsgroup.com. Contact Details Meir Kahtan +1 917-864-0800 mkahtan@rcn.com Company Website https://www.toolsgroup.com

November 09, 2023 10:00 AM Eastern Standard Time

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ToolsGroup Announces Latest Enhancements to JustEnough® Retail Planning and Execution Suite

ToolsGroup

ToolsGroup, a global leader in retail and supply chain planning and optimization software, has announced the latest version of its JustEnough Retail Planning and Execution suite, making major advancements in its Assortment Planning and Allocation capabilities. This is just the latest of the company’s significant strides towards making supply chains a force for good by helping organizations lower inventory, ensure product availability, and improve customer satisfaction across channels. “As a longtime partner, we have seen firsthand why the JustEnough solution is a leader in retail planning and execution worldwide,” said Greg Marmulak, Founder and Managing Partner, Inventory Worx. “Thanks to this technology, we can better equip our customers to adapt to marketplace changes, ensuring customer satisfaction while supporting business goals and streamlining processes. We’re excited to implement these new enhancements and continue developing our supply chain best practices in collaboration with ToolsGroup.” JustEnough v2023.3 delivers: · Enhanced target creation in Assortment Planning that supports user-defined update periods and returns choice recommendations corresponding to those product updates. · Upgraded attribute cluster management that saves users time by enabling bulk/aggregate changes across clusters with a common attribute. · Accelerated processing time that further improves best-in-class Allocation capabilities and system performance. “We are eager to share these enhancements with our customers, whose direct feedback, along with ToolsGroup’s focus on continuous improvement, has helped guide our roadmap development,” said Sahil Gupta, ToolsGroup’s Chief Product Officer. “We value our customers as partners, and through partnering with our customer base, we’ve developed a solution that better incorporates the fine art of assortment planning into the deep science inherent in the system.” “ToolsGroup’s customer-centric innovation helps over 400 companies around the world achieve competitive, efficient, and profitable supply chains,” said ToolsGroup CEO, Inna Kuznetsova. “Our close collaboration with these organizations has garnered us industry recognition and – more important – the respect and trust of our customers. We’re proud to deliver the best-in-class solutions that drive their continued success, improve supply chain efficiency, and enhance business performance.” Customers and analysts alike recognize ToolsGroup as a retail planning leader. See the full list of accolades HERE. About ToolsGroup ToolsGroup’s innovative AI-powered solutions enable retailers, distributors, and manufacturers to navigate through supply chain uncertainty. Our retail and supply chain planning suites empower a new level of intelligent decision making and unlock powerful business improvements in forecast accuracy, service levels, and inventory - delighting customers and achieving financial and ESG KPIs. Stay in touch with ToolsGroup on LinkedIn, Twitter, YouTube, or visit www.toolsgroup.com. Contact Details Meir Kahtan +1 917-864-0800 mkahtan@rcn.com Company Website https://www.toolsgroup.com

November 07, 2023 10:00 AM Eastern Standard Time

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Augmented Reality (AR) in the Classroom: Snap’s AR technology offers endless possibilities for creativity, engagement, and exploration.

YourUpdateTV

A video accompanying this announcement is available at: https://youtu.be/QEuZ5YDnkRQ Through the magic of augmented reality (AR), students can learn in an immersive and flexible environment no matter where they are, helping them to better understand and engage with complex STEM concepts. Research shows that using virtual reality learning can deepen student comprehension through interactivity, greater context to the world, and a sense of scale and proximity that might not otherwise be possible. Snap’s AR technology offers endless possibilities for creativity, engagement and exploration. In traditional online learning environments, over half of students abandon their STEM courses before completion. To fill this gap, AR can aid in presenting complex concepts in a more tangible 3D format that empowers students to achieve their best. Through a partnership with Snap, Inspirit is hoping to make STEM learning more interactive and engaging for all students through their digital platform, the Innovative Learning Hub. Inspirit is creating 25 more Lenses powered by Snap AR focused on STEM curriculums that will be rolled out to at least 50 schools nationwide next school year. This exciting partnership was the focus of a nationwide media tour featuring Sophia Dominguez, the Director of AR Platform Partnerships & Ecosystem at Snap and Amrutha Vasan is the Co-Founder and COO of Inspirit include: Topics that they discussed during the media tour included: How augmented reality can supplement learning in the classroom. Ways that Snap’s AR technology offers endless possibilities for creativity, engagement and exploration. Partnership between Snap and Inspirit to bring immersive AR learning technology to classrooms to help revolutionize the way students learn. To learn more visit inspiritVR.com Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

November 07, 2023 09:47 AM Eastern Standard Time

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Holiday Countdown

News Media Group, Inc.

Contact Details News Media Group Karl Wayne +1 334-440-6397 karl@newsmg.com Company Website https://newsmg.com/

November 07, 2023 09:38 AM Eastern Standard Time

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Minuteman Press Franchise Owner Nil Patel Talks Leaving Corporate World, Celebrates Grand Opening in Solon, Ohio

Minuteman Press International Inc

After working in corporate finance, Nil Patel was looking for a career change. He shares, “I previously graduated from the University of Cincinnati with a bachelor’s degree in finance. After 8 years in the corporate world, I realized it was not for me. I wanted to be part of a company that helps others and be somewhere I can feel gratitude from the work I do!” Nil found what he was looking for in June of 2023 when he purchased the Minuteman Press franchise in Solon, Ohio. He explains, “I chose Minuteman Press because I wanted to be a part of a small business that has potential to grow and help other business thrive around me. The training and support from Minuteman Press International has been great! My RVP Rich DeRosa in particular has been extremely helpful and professional.” In September of 2023, Nil celebrated his grand opening; Minuteman Press in Solon is located at 33528 Aurora Road, Solon, OH 44139. Nil shares, “The community of Solon is a diverse blue-collar town where people are proud of the work they do! Our grand opening was a huge success. It was put together by the Solon Chamber of Commerce and I received extra help from my girlfriend and parents to really bring it all together. I’m excited to continue to serve and be a contributing member of the Solon community.” A few months into owning the business, Nil is happy with his progress as a business owner. He says, “I explain to clients that Minuteman Press in Solon is a full-service design, print, and marketing center serving the entire business community from small businesses to Fortune 500 companies. Our client base and business have been steady and we are growing.” Nil adds, “High-demand products that can help other local businesses/organizations grow are business cards, banners, flyers, and promo products – pens, calendars, koozies, flash drives, etc.” When asked about the industry and what he enjoys the most thus far, Nil answers, “Printing remains vital today because physical and digital advertising are both continuing to grow and this trend is going to continue.” He concludes, “Clients are looking for a healthy mix of both and I love that I can grow my business while helping others grow as well.” Minuteman Press in Solon, Ohio is located at 33528 Aurora Road, Solon, OH 44139. For more information, visit their website: https://minuteman.com/us/locations/oh/solon Learn more about #1 rated Minuteman Press franchise opportunities and read Minuteman Press franchise reviews at https://minutemanpressfranchise.com Contact Details Minuteman Press International Chris Biscuiti +1 631-249-1370 cbiscuiti@mpihq.com Company Website https://minutemanpressfranchise.com

November 06, 2023 10:00 AM Eastern Standard Time

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Passes’ CEO Lucy Guo Celebrates Her Birthday with Mega-Festival 'LUCYPALOOZA'

EMC

(Tuesday, October 31, 2023 - Los Angeles, CA) Passes hosted their annual exclusive ‘ Lucypalooza ’ celebrating Passes ’ CEO & founder, Lucy Guo ’s birthday, presented by Le Bon Argent by Floyd Mayweather, with partnering sponsors Flex, Betr and Cached, on Thursday, October 12th, 2023, in Los Angeles, CA. The ultra invite only party, produced by eventors, hosted a festival worthy lineup and fun shenanigans with the industry’s top creators and founders in the lifestyle & digital space. Attendees enjoyed specialty sips by Le Bon Argent, E11EVEN Vodka & Deleon Tequila, along with beverages by The Plug Drink and Monster Energy. Lucy Guo, CEO of Passes comments, “I was very excited that my closest family & friends came out to celebrate my birthday! I always love bringing an interesting, eclectic group together and this year was no different.” Party goers on site got to bounce through out the complex at each activation such as a flying money wind-grabbing machine by Flex, a boxing punch scoring machine by Betr, a ball pool by Cached, while Deleon Tequila’s ice sculpture bar had a crew of magician bartenders mixing specialty cocktails with playful presentations and tricks, and Monster Energy featured the live artist extraordinaire, Scratch Academy painting on old vinyl records. In addition to the muli-level festival experience, guests also indulged at the wellness hub with complimentary botox, hydrafacials and filler treatments by Upkeep, along with IV vitamin boost infusions by Drip IV Therapy. At the top of the hour before the clock struck midnight Le Bon Argent by Floyd Mayweather featured Lucy pouring over the champagne tower to ring in her birthday soiree with a toast and candle stacked birthday cake sing-off. Lucy and friends continued to party the night away with sounds by celebrity deejays, David Crow Ghastly, Diablo, Wax Motif, and Madds. Guo says, “ I’m thankful this year’s event was a success. Our goal was to have everyone celebrate with old friends, make new friends, and adopt some puppies - all of which happened! " Other notables that attended this year to celebrate Guo’s birthday were a variety of rising young hollywood reality tv star, to content creators, and celebrities such as Linzy Luu (Too Hot To Handle), Dre Woodward (Too Hot To Handle), Isaac Francis (Too Hot to Handle ), Bella Poarch (Singer ), Robert Graham (Bachelor in Paradise, Bachelorette), Joe Jenkins (Siesta Key), La Demi (TV Personality), Isaiah Harmison (Love Island), Georgenotfound, Sapnap, Colby Brock, Sam Golbach, Amber Mezner (Tik Toker), Anna Deguzman (America’s Got Talent), Bronny James, Nate Wyatt, and Wax Motif (Deejay). For the annual event, past VIPs attended and special guest performances included appearances by Ty Dolla $ign, Zedd, The Chainsmokers, John Summit, Tana Mongeau, G Eazy, Twan Kyuper, Georgia Hassarati, Dan Rhodes, Cray, Nick Hissom, Bryce Hall, Teala Dunn, Emma Norton, Adam Weitzman, Victoria Pass,xnY Emma Holzer, Keith Rabois, Matt Steffanina, Ian Somerhalder, David Dobrik, Francis Suarez, Casey Boonstra, Holly Scarfone and more. ### Passes Passes is a subscription platform that helps creators build their community and engage with their biggest fans. The company develops tools for the creator economy, allowing creators to monetize off of their exclusive content and IRL experiences. Passes was founded in 2022 and is located in Miami, Florida. For more information, please visit the website: www.passes.com and on Instagram: @joinpasses. Le Bon Argent From Epernay, France comes Le Bon Argent champagne and a no holds barred, Luxury Without Limits attitude. Quite simply, it is for those who seek the best in everything. The name Le Bon Argent literally translates to “Good Money” and just like the finest automobiles, yachts, & high fashion brands that surround Floyd, this Super-Premium Champagne is the very embodiment of the Mayweather lifestyle and all things luxurious. For more information, please visit: https://lebonargent.com/ Flex Flex is a finance super app that is revolutionizing business finance with credit cards, banking, payments, and insurance, all in one place. With a recent successful funding round of $120 million, Flex simplifies the back office experience into a seamless financial control hub. Experience the power of Flex with innovative offerings, including the Flex Credit Card, providing a 60-day interest-free period on all purchases and integrated employee expense management. Explore Flex Banking, offering up to a 4% yield on idle cash. Flex aspires to become the go-to financial platform for small businesses, empowering them to efficiently build, manage, and safeguard their financial futures. To Apply for Flex please visit: https://www.flex.one/ Betr Founded in 2022 by Joey Levy and Jake Paul, Betr is the fastest sports betting media brand in the U.S. and the first microbetting-focused gaming company that is pioneering a new way for fans to engage with sports. Microbetting allows users to bet on individual plays and events – pass or rush in football or if the next free throw will be good in basketball – rather than the outcome of a game. With its simple and intuitive user interface, Betr aims to solve a problem with traditional sportsbooks – a complicated and confusing user experience with numbers and odds that look more like a spreadsheet than a sportsbook. Since publicly launching its brand in August 2022, Betr has seen unprecedented growth while generating over 750 million impressions and 45 million engagements across its social channels. For more information, please visit: https://www.betr.app/. Cached – Your Data, Your Income: Cached is revolutionizing the $500 billion data economy by giving consumers the power to control and profit from the sale of their own data. Cached offers a groundbreaking smartphone app that allows consumers to continuously turn their data into a payout. By simply using their smartphones and sharing their preferences, habits, and interests, users can earn money every time their data is purchased by advertisers. For more information, please visit: https://mycached.com/. Contact Details EMC Brands Dianne Quirante dianne@emcbrands.com

October 31, 2023 01:13 PM Eastern Daylight Time

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Doctor Troller's Artwork Fetches $3 Million, Ushering a New Era of Digital Artistry

Doctor Troller

Digital artist Andrew Brown AKA “Doctor Troller” just announced the recent sale of his Gold Shifter painting for a staggering $3 million. The art piece is signed by Brown himself, and comes with a certificate of authenticity. As a prelude to the opening of his art gallery in Soho, this sale accentuates the unique and disruptive narrative that Doctor Troller brings to the traditional art milieu. Enthusiasts and new artists alike await with bated breath the unveiling of his gallery, which promises to be a confluence of audacious creativity and digital innovation. The Ascent of Doctor Troller in Digital Artistry Nurtured in the cultural crucible of London, Andrew "Doctor Troller" Brown’s artistry is a riveting blend of rebellion and innovation. His Chelsea-based endeavors have seen the birth of provocative digital pieces, igniting controversies and sparking debates across both traditional and digital art spheres. His dyslexia, far from a hurdle, propelled him beyond conventional mediums, crafting a narrative that bridges art and body, borne from a "passion of expression through physical action to trigger controversy." His ascent to a net worth of £200 million GBP in 2021 mirrors the crescendo of digital art’s acclaim, marking him as a vanguard in this realm. His artworks, veiled in satire and bold commentary, found their home in digital marketplaces and even traditional auction houses, echoing the appetite for digital artistry in contemporary circles. Pieces like 'Booty Shot' and 'Lightzilla' aren’t mere digital creations, but audacious dialogues challenging societal norms and igniting discussions on empowerment, identity, and the human experience. The recent sale of his artwork for a staggering $3 million underscores the value and desirability enveloping Doctor Troller's creations, heralding an era where digital artistry intertwines with traditional art narratives, challenging the status quo and inviting a discourse that transcends conventional art boundaries. Delving into the Persona of Doctor Troller A troller by nature, a disruptor by choice, and an artist by destiny. Andrew "Doctor Troller" Brown is not just a name but a phenomenon in the digital art realm. His very essence seems to challenge the norm, provoke the conventional, and enthrall the rebel. Born and bred in London's bustling art scene, the streets were his canvas, the public, his muse. His Chelsea abode is not merely a residence, but a forge where digital artistry meets audacious creativity. Dyslexia didn't deter him; it fueled his journey beyond the conventional, driving him to transcend traditional art forms and venture into the boundless realm of digital expression. His creations aren’t just pieces of art; they are dialogues, debates, and disruptions. They challenge societal norms and ignite discussions on empowerment, identity, and the human psyche. Doctor Troller doesn’t just create art; he crafts narratives that challenge, disrupt, and evoke. His inflammatory videos and surreal digital creations are not mere visuals but a rebellion against the conventional and a voice for the unspoken. Doctor Troller’s artistry is a voyage into the unknown, a dive into the abyss of societal norms, and a peek into the future of digital artistry. Contact Details Doctor Troller Doctor Troller +44 333 355 3548 maya@moneysource.com Company Website https://www.doctortroller.com/

October 30, 2023 11:10 AM Eastern Daylight Time

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New Business Owner Chris Greene Buys Alloy Printing, Opens Minuteman Press Franchise in White Plains, NY

Minuteman Press International Inc

In April of 2023, Chris Greene made the decision to switch gears and become a business owner. That is when Chris purchased over 40-year business Alloy Printing from Mary Jane and Alan Goldman, which is now operating as the new Minuteman Press franchise in White Plains, NY. The business remains located at 190 East Post Rd., White Plains, NY 10601, a 6,000 sq. ft. facility where it has been operating since 1995. Since buying the business, Chris has already hit several key milestones for Minuteman Press in White Plains. He attributes his sales growth to picking up where the previous owners of Alloy Printing left off – by joining local business organizations and maintaining existing client relationships. Chris has also been building on his established client base by marketing additional products and services such as custom branded apparel. History of Alloy Printing Mary Jane Goldman first joined the printing industry in 1979 when she opened a PIP Printing location in Yonkers. She moved the center to its current location at 190 East Post Rd. in 1995, and then eventually transitioned the business to an independent operation, Alloy Printing. Prior to owning the business, Mary Jane worked as a nurse for 11 years before looking for a change. In a previous interview with The Examiner, Mary Jane explained, “My options were open. I was taking a sabbatical. I could always go back to nursing. My parents had friends that were in printing and did very, very well. And I decided that would be a challenge that I would like to take on.” After initially expanding to three locations, the Goldmans decided to focus only on their White Plains location, where they had been residents since 1987. Mary Jane shared, “Sometimes more isn’t always better.” Alan noted, “[White Plains] is the center of the county. It’s the county seat. It’s where all the action is.” During their years in business, Mary Jane and Alan were active in several local groups including the White Plains Downtown Business Improvement District and many more. New owner Chris Greene has followed their lead, saying, “I was just appointed to the Board of the White Plains Downtown Business Improvement District and am also a member of the Business Council of Westchester. I have found these groups to be very beneficial in terms of networking and building/keeping relationships.” One thing that has never changed in over 40 years is the fact that people need and use print. Alan shared with The Examiner, “We’re supposed to be a more paperless society. But we find it’s not a paperless society.” In the interview, he added, “The internet doesn’t serve what we produce. We’re more of a hands-on, come in, sit down, let’s go over it. What can we do? How can we help? How can we both work together to produce what you want and make you successful? Because if you’re successful, we’re successful.” Welcome to Minuteman Press, White Plains Prior to buying the business, Chris Greene worked in corporate advertising, sales, and marketing. Chris shares, “The three biggest reasons I chose to buy Alloy Printing and transition to Minuteman Press are: My desire to be a business owner and move out of the corporate world; I look at the printing industry as an offshoot to what I was doing in my advertising career; The quality of my experience in learning about Minuteman Press and Alloy Printing.” Chris adds, “The training and support from Minuteman Press has been great. The training helped me develop a solid base of knowledge on how to operate a print business. When I’ve needed support in terms of learning or ramping up my marketing, my RVP Jim Galasso and the entire team have been great in giving me direction. It has been a positive experience all the way around.” When reflecting on the first six-plus months, Chris shares, “When I first started, my number one priority was to reassure our existing customer base that the high quality and customer service that they previously had was not going anywhere. As we look towards further growth, the first area we’ve grown from a product standpoint has been apparel, which we are actively marketing.” He adds, “For me, it’s not about being the boss as much as it’s about how I am spending my day. I enjoy giving our customers the products that we make. That the finished products are directly associated with my ownership of the business is very rewarding.” Minuteman Press in White Plains is located at 190 East Post Rd., White Plains, NY 10601. For more information, visit their website: https://minuteman.com/us/locations/ny/white-plains Learn more about #1 rated Minuteman Press franchise opportunities and read Minuteman Press franchise reviews at https://minutemanpressfranchise.com To learn about selling your printing business through Minuteman Press at no cost or broker fees to you, visit https://sellyourprintingbusiness.com Contact Details Minuteman Press International Chris Biscuiti +1 631-249-1370 cbiscuiti@mpihq.com Company Website https://minutemanpressfranchise.com

October 30, 2023 10:00 AM Eastern Daylight Time

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BBVA Spark backs Twinco Capital with new €50 million debt facility to serve growing demand for sustainable supply chain finance

Twinco Capital

There is a staggering $2.5 trillion global trade finance gap that mainly affects SMEs in emerging countries, limiting their ability to access new business opportunities. Helping businesses to bridge this finance gap, supply chain fintech Twinco Capital announced on Tuesday, in the sixth edition of the Valencia Digital Summit (VDS), it has secured an additional €50 million facility with BBVA Spark to accelerate growth. Twinco, one of the few European high-growth fintechs led by women, offers the first sustainable supply chain finance solution in the market that covers purchase order funding and has provided over $250 million in funding to suppliers in emerging markets. "We are very pleased to support Sandra and Carmen, two entrepreneurs who have reinvented, with Twinco, the way supply chains are financed on a global scale by incorporating innovative environmental and social criteria into their supplier financing model" explains Roberto Albaladejo, head of BBVA Spark, an initiative that has more than 800 clients and facilitated €250 million in financing in just one year of operation. Twinco is a venture-backed business, with investors such as Quona Capital, Working Capital Fund, Mundi Ventures, Finch Capital. On the debt side, BBVA Spark will become one of Twinco’s key financial partners and joins EBN Banco de Negocios who has been supporting the Company from its inception, and Zubi Capital. Sandra Nolasco, CEO of Twinco Capital commented: We are thrilled to partner with BBVA Spark to help customers build truly sustainable and competitive global supply chains. It is only by partnering with this caliber of like-minded, financial institutions, that we will be able to address large-scale challenges like the one Twinco has set out to solve: closing the trade finance gap. This facility will support the company’s portfolio growth, expanding both the number of customers and geographies.” Twinco Capital 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 key to its success is its unique risk model, which complements the traditional view of financial risk with business performance and ESG data. In other words, it uses machine learning to assess the quality and strength of the commercial relationships between these large buyers and their suppliers. The company is growing rapidly and has already incorporated more than 150 suppliers, located in 13 different countries. Since launching in December 2019, Twinco Capital has grown by multiples of 3, supporting global trade during the pandemic and funding millions of purchase orders. Carmen Marin, COO of Twinco Capital added: “The value added Twinco is providing to customers stems from the combination of its unique funding solution with business intelligence that provides a holistic overview of supply chain risk. Technology and machine learning provide invaluable data insights on commercial, financial and ESG suppliers’ performance, giving our customers a state-of-the-art supply chain risk management tool.” 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. 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 offers the first sustainable supply chain finance solution in the market that covers purchase order funding.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: www.twincocapital.com About BBVA Spark BBVA Spark was created in July 2022 with a banking offer aiming to meet the financial needs of startups. Its backing for innovative, high-growth companies includes short and long-term financing, with products ranging from credit cards to venture debt and access to a team of experts who understand their business model together with international support via its presence in Spain, Mexico, and Colombia. BBVA Spark has raised over €200 million in financing in Spain and Mexico and has just landed in Colombia. It offers its products and services to almost 500 customers. About BBVA BBVA is a customer-centric global financial services group founded in 1857. The Group has a strong leadership position in the Spanish market, is the largest financial institution in Mexico, it has leading franchises in South America and the Sunbelt Region of the United States. It is also the leading shareholder in Turkey's Garanti BBVA. Its purpose is to bring the age of opportunities to everyone, based on our customers' real needs: provide the best solutions, helping them make the best financial decisions, through an easy and convenient experience. The institution rests in solid values: Customer comes first, we think big and we are one team. Its responsible banking model aspires to achieve a more inclusive and sustainable society. Contact Details Twinco Capital Leticia Lopez-Perea communications@twincocapital.com Company Website https://www.twincocapital.com/

October 27, 2023 07:00 AM Eastern Daylight Time

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