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Treez Introduces Wallet Loyalty Platform to Boost Customer Retention

Treez, a leading enterprise commerce platform processing over $5 billion in annual transactions, has launched Treez Loyalty, a digital wallet loyalty platform. Developed with StickyCards, this platform eliminates SMS delivery challenges and mobile app adoption hurdles. Now, cannabis retailers can use this innovative tool to boost customer retention through cost-effective, direct engagement.

Customer Loyalty Takes Priority

Retailers face intense pressure to retain their customers. Due to high acquisition costs and limited advertising options, loyalty becomes a core strategy. Moreover, strict cannabis marketing regulations push retailers to seek direct and affordable methods for customer engagement.

“Cannabis retailers struggle with outdated engagement tools,” said John Yang, CEO and Co-Founder of Treez. “Treez Loyalty offers enterprise-grade marketing through a simple digital wallet experience. It helps retailers grow and compete more effectively.”

Next-Gen Loyalty with Smart Features

Treez Loyalty integrates seamlessly with Apple Wallet, Google Wallet, and a Progressive Web App. The platform includes:

Strong ROI for Retailers

Pilot results already show significant benefits:

Expanding the Treez Ecosystem

This new launch strengthens Treez’s position as the go-to enterprise solution for cannabis retailers. 

Treez continues to enhance its product suite:

Together, these tools deliver an end-to-end solution for high-volume cannabis operations.

Product Rollout

Treez Loyalty will roll out to select enterprise retailers this quarter. It will be available both independently and as part of the broader Treez retail suite.

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News Source: Businesswire.com

Mumtalakat Invests in Global Platform to Strengthen BlueFive Capital

BlueFive Capital announced that Mumtalakat, Bahrain’s sovereign wealth fund, has taken a stake in its global investment platform. This move highlights Mumtalakat’s continued focus on empowering emerging financial leaders.

The investment follows BlueFive Capital’s recent completion of its Founding Shareholders Circle. As a result, Mumtalakat joins over 25 leading investors from the GCC and international markets. This partnership gives BlueFive Capital the institutional support needed to scale further across global markets.

Since its founding in 2024, BlueFive Capital has expanded rapidly. The firm now manages over $2.6 billion in assets. Headquartered in Manama, the company also maintains strategic offices in London, Abu Dhabi, and Beijing.

Private equity expert Hazem Ben-Gacem founded the firm. BlueFive is chaired by Sheikh Mohamed Isa Al Khalifa, the former CEO of Bahrain’s national pension fund.

In his remarks, Sheikh Mohamed Isa Al Khalifa stated, “Bringing Mumtalakat on board as a key shareholder marks a significant milestone for us. It reinforces the strength of our platform and our vision. This partnership adds stability as we pursue aggressive global growth, while staying grounded in Bahrain’s robust financial environment.”

With Mumtalakat’s stake in BlueFive Capital’s global investment platform, the firm stands well-positioned to shape the future of institutional finance. The strategic move supports both long-term scalability and sustainable financial development.

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News Source: Businesswire.com

General American Investors Company has appointed Sarah M. Ward to its Board of Directors. The firm made the announcement through a recent Board resolution.

Chairman Spencer Davidson welcomed Ward, citing her decades of legal expertise and strategic boardroom experience. She served as senior partner at Skadden, Arps, Slate, Meagher & Flom LLP before retiring in December 2021.

Currently, Ward holds board positions at CI Financial, Corient, Loblolly Inc., and the Settlement Housing Fund. She graduated from Princeton University and earned her Doctor of Law from Fordham University School of Law.

Strategic Leadership Boost for Growth

Established in 1927, General American Investors aims for long-term capital appreciation. The firm targets companies with strong growth potential. It has been listed on the NYSE since 1930.

Today, the company manages net assets of $1.5 billion and has 23.3 million common shares outstanding. Additionally, its preferred stock carries an aggregate liquidation value of $190 million under the NYSE symbol GAM Pr B.

With the addition of Sarah M. Ward to its Board of Directors, the firm strengthens governance and aligns with its investment strategy. Her expertise is expected to enhance board oversight and long-term planning.

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News Source: Businesswire.com

Japan Post Insurance has announced a $2 billion investment in a new Global Atlantic vehicle aimed at expanding global insurance investment strategies. This major commitment more than 50% of the total vehicle is backed by KKR and its subsidiary Global Atlantic, a leader in retirement and investment solutions.

The vehicle, expected to launch in early 2026 pending regulatory approvals, will engage in insurance, reinsurance, and other strategic initiatives. This deal follows the strategic alliance Japan Post Insurance, KKR, and Global Atlantic initiated in June 2023 to pursue diversified global insurance investment opportunities.

Deepening a Global Insurance Investment Strategy

Japan Post Insurance’s latest move supports its broader strategy to diversify revenue and strengthen its position in international markets. The investment highlights Global Atlantic and KKR’s proven ability to deliver tailored asset management and reinsurance solutions across global markets. “This agreement is a key phase in our strategic partnership with KKR and Global Atlantic,” said Kunio Tanigaki, President and CEO of Japan Post Insurance.

Tanigaki added that the alliance has matured over two years, building mutual trust and shared interest in the U.S. annuity and global reinsurance markets. He noted the vehicle would allow Japan Post Insurance to capture revenue from robust sectors while maintaining minimal short-term financial impact. Japan Post Insurance will disclose any changes to its performance outlook if this investment impacts its fiscal 2025–26 earnings.

Global Growth Outlook for KKR and Global Atlantic

KKR Co-CEOs Joe Bae and Scott Nuttall expressed pride in strengthening their relationship with Japan Post Insurance through this expanded partnership. They said the investment reflects the scale and credibility of their global insurance investment platform and shared growth commitment.

Global Atlantic Co-Heads Billy Butcher and Manu Sareen echoed that sentiment, noting this partnership accelerates growth in the U.S., Japan, and beyond. They emphasized how this collaboration will serve the evolving needs of policyholders, partners, and institutional investors worldwide.

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News Source: Businesswire.com

Tide, the UK’s leading business management platform, has now crossed 1.5 million members globally. Since September 2024, the company added over 500,000 new users, with 750,000 each in the UK and India. Tide’s share of the UK SME market has climbed to 13%. Meanwhile, expansion continues in Germany.

Oliver Prill, CEO of Tide, commented, “Reaching 1.5 million members and lending over £1 billion to UK SMEs are major milestones. We’re helping small businesses save time and money by providing them tools they truly need from finance and admin to commercial services. Our global product expansion reflects this mission.”

Powering SMEs with New Products and Services

Tide continues to launch tools that solve real-world business problems for SMEs. Their latest offerings focus on accessibility, automation, and flexibility.

Growth in India and Germany Signals Global Momentum

India now hosts more Tide members than the UK. With over 66 million MSMEs and 140 million unofficial enterprises, India presents a high-growth opportunity. Tide is also ramping up its German operations, with a Berlin office and a local leadership team headed by Country Managing Director Anna-Fromme Schoen.

AI Innovation and Global Team Growth

Tide continues investing in AI. Its agentic AI solutions automate multi-step processes. Generative AI is already improving product connectivity, risk analysis, and customer support. Predictive AI supports tasks like invoicing and fraud detection.

Tide’s global team now includes 2,500 employees across the UK, India, Germany, Bulgaria, Lithuania, and Serbia. In India, the company earned Great Place to Work recognition for three consecutive years, with 88% of employees expressing pride in working at Tide.

Supporting Women Entrepreneurs and Climate Action

Tide has pledged to onboard 700,000 women entrepreneurs by 2027 – 200,000 in the UK and 500,000 in India. It also sponsors the 2025 everywoman Entrepreneur Awards and launched a £20,000 grant initiative to empower women-led businesses.

The company stays committed to net-zero operations. Since 2022, it offsets emissions through durable carbon removals. Tide aims to reduce its carbon footprint per employee by 90% by 2030. It’s also creating tools to help SMEs on their net-zero journey.

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News Source: Businesswire.com

Quinbrook Infrastructure Partners, a global investment manager focused on energy transition infrastructure, has made its first Irish investment with the acquisition of the Wexford Synchronous Condenser Project. This marks a strategic step for Quinbrook into the Irish market, reinforcing its commitment to grid stability and renewable integration.

The Wexford facility, originally developed by Green Frog Power, is a proposed 963 MVA.s. synchronous condenser located in Co. Wexford. It secured a long-term revenue contract under Ireland’s Low Carbon Inertia Services (LCIS) tender in June 2024.

Configured to provide essential grid stability services including inertia, reactive power, and short-circuit level the Wexford project will play a critical role in maintaining the resilience of Ireland’s electricity network as the country transitions to clean energy.

“Wexford represents a key milestone for us,” said Keith Gains, Managing Director and UK Regional Leader at Quinbrook. “It is not only our first Irish investment but also a continuation of our commitment to developing infrastructure that strengthens grid reliability and enables Ireland’s energy transition goals.”

Ireland aims to source 80% of its electricity from renewables by 2030. However, integrating high levels of wind and solar energy requires technologies like synchronous condensers to maintain grid security and avoid blackouts.

Quinbrook already leads in grid stability infrastructure across the UK, where it owns the largest private portfolio of synchronous condensers. The firm has committed over £430 million to these assets, with three projects operational and four under construction.

Synchronous condensers, unlike renewable generators, provide system inertia by mimicking the stabilising effects of traditional thermal plants without emissions. As wind and solar lack natural inertia, these condensers enable more clean energy use while keeping the grid secure.

Welsh Power, Quinbrook’s long-standing delivery partner, will oversee procurement and construction. Welsh Power previously delivered Quinbrook’s operational condenser projects in the UK and brings proven experience in complex grid infrastructure.

Construction will be fully funded by Quinbrook, with the Wexford plant expected to be operational by 2027. The investment demonstrates Quinbrook’s long-term commitment to building the foundational infrastructure that supports a decarbonised, resilient energy system.

Looking for more updates on financial innovation and revenue-driven technology? Visit RevTech News for expert insights and the latest trends.

News Source: Businesswire.com

Ametros, a recognized leader in post-settlement care and professional administration, has appointed two seasoned executives to strengthen its leadership team. Allison Kelly joins as Chief Revenue Officer, while Patrick Conklin steps in as Vice President of Strategic Partnerships.

With over 20 years in the insurance industry, Allison Kelly brings expertise in claims, underwriting, and brokerage. As CRO, she will lead sales, marketing, and business development efforts. Her primary focus will be expanding access to Ametros’ post-settlement care services for injured individuals nationwide.

“Andrea Mills**, President of Ametros and Executive Managing Director at Webster Bank (NYSE: WBS), noted, “Allison’s industry experience and client-first mindset make her a perfect fit for our mission-driven growth.”

Patrick Conklin also brings significant industry experience. He has spent over ten years in workers’ compensation, focusing on strategic partnerships and client development. At Ametros, he will work closely with employers and carriers to scale professional administration programs that support injured workers effectively.

“Patrick’s strong grasp of payer needs and passion for relationship-building will enhance our ability to deliver exceptional post-settlement care,” added Mills.

These leadership changes align with Ametros’ continued push for innovation and improved service delivery. The company remains focused on helping injured individuals get the support they need after settlement.

By investing in experienced leadership, Ametros strengthens its role as a trusted partner in the post-settlement care ecosystem. The new appointments also reinforce the company’s long-term vision to expand services and build stronger collaborations across the insurance and healthcare industries.

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News Source: Businesswire.com

Vaudit, previously known as BlokID, has raised $7.3 million to launch an AI-powered auditing platform for digital ad spend. Mucker Capital led the seed round, joined by AVV, AppWorks, Plug and Play, and Kyber Knight. Notable investors include Omar Hamoui, founder of AdMob, and Binh Tran, co-founder of Klout.

With this funding, Vaudit has secured a total of $8.5 million, including a previous $1.25 million pre-seed round. The AI-powered auditing platform for digital ad spend enables real-time campaign monitoring. It flags discrepancies and provides legally backed audit documentation for billing recovery.

The platform meets growing demand for ad budget accountability. Advertisers can now detect waste, challenge overcharges, and request refunds from platforms. VPN Ranks estimated U.S. advertisers lost $28.6 billion to fraud last year proving the need for reliable AI-powered auditing platforms for digital ad spend.

From Fraud Detection to Full Audit Intelligence

Vaudit already serves 1,000+ global users and has audited over 558 million ad events. It currently audits over $150 million in annualized ad spend. Some clients report monthly overcharges as high as 30%, highlighting the critical need for auditing solutions.

Enterprise clients such as HP, Huawei, SAP, Panasonic, RE/MAX, and Accenture now use Vaudit to verify spend accuracy. These audits provide confidence in ongoing digital campaigns.

“Working with veterans like Omar and Binh allows us to promote fairness in adtech,” said CEO Michael Hahn. “Click errors and overspending are rampant we’re fixing that.”

Originally launched as BlokID, the platform saw a lack of transparency in digital media budgets. The rebrand to Vaudit short for “Virtual Audit” represents its broader goal of audit intelligence across all ad spend.

“Vaudit fixes an overlooked flaw in the system,” said Mucker Capital’s Omar Hamoui. “Advertisers don’t have visibility. Vaudit changes that with clear, actionable insights.”

The platform operates as an audit layer across digital investments. It matches reported spend against real invoices from ad platforms like Google and Meta. With audit-grade reports, clients recover misspent funds and improve budget controls.

Vaudit Appoints New Chief Operating Officer

To accelerate growth, Vaudit named Piotr Korzeniowski as its new COO. He previously scaled Clearcode and Piwik PRO to exits, bringing strong martech experience.

“Ad fraud tools are everywhere, but spend verification isn’t,” said Korzeniowski. “Vaudit closes that gap. I’m excited to drive expansion.”

The team plans to build agentic workflows that reduce ad waste and detect anomalies faster. They’ll also expand AI models to improve spend pattern detection and fraud resolution.

“Advertisers deserve full visibility,” said AVV’s Binh Tran. “Vaudit offers more than audit tools it provides financial control and trust.”

Currently focused on Google and Meta, the platform will soon support audits for Amazon, TikTok, X (Twitter), and mobile in-app campaigns. This expansion aligns with the rising complexity of global digital ad spending.

Looking for more updates on financial innovation and revenue-driven technology? Visit RevTech News for expert insights and the latest trends.

News Source: Businesswire.com

TSG Consumer has announced its acquisition of fragrance brand PHLUR, marking a significant fragrance brand acquisition in the beauty sector. Known for its emotion-driven scents, PHLUR quickly built a loyal customer base across major retail channels. This acquisition will help scale the brand’s reach, aligning with TSG’s focus on consumer-driven growth.

Chriselle Lim will remain as Creative Director and continue holding equity alongside Ben Bennett’s The Center, which partnered with PHLUR in 2021. As part of this fragrance brand acquisition, Prelude Growth Partners will exit its investment.

PHLUR gained popularity for its emotional storytelling and high-quality fragrances like Missing Person, Heavy Cream, and Vanilla Skin. The brand distributes through its own platform and retail partners including Sephora, Amazon, and Space NK.

Chriselle Lim emphasized the importance of transparency and emotional connection in PHLUR’s success. She noted that TSG Consumer shares those values, making this fragrance brand acquisition a natural step forward.

CEO Elizabeth Ashmun praised TSG’s brand expertise and their strategic role in PHLUR’s future. She thanked The Center and Prelude Growth for their early support, highlighting that this new partnership sets the stage for expansion.

TSG’s Hadley Mullin pointed out that modern consumers seek emotional resonance in fragrance, and PHLUR delivers exactly that. TSG plans to expand PHLUR’s product categories and geographic footprint while preserving its unique brand story.

Colin Welch from TSG added that today’s fragrance buyers seek identity and meaning, not just scent. He believes this fragrance brand acquisition enables PHLUR to build even deeper consumer loyalty.

Ben Bennett, Founder of The Center, said the brand’s journey has been exceptional, and he looks forward to continued success with TSG’s involvement.

Neda Daneshzadeh of Prelude Growth Partners expressed pride in PHLUR’s achievements and confidence in the brand’s future under new ownership.

Raymond James served as PHLUR’s exclusive financial advisor. Legal counsel included Mintz, Levin, Cohn, Ferris, Glovsky & Popeo P.C., and Polsinelli P.C. for PHLUR, while TSG was advised by Ropes & Gray LLP.

The financial terms remain undisclosed. The fragrance brand acquisition is expected to close following regulatory approval and standard conditions.

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News Source: Businesswire.com

SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) has announced its plan to acquire Calastone, a global leader in fund technology and wealth management solutions. The agreement, valued at approximately £766 million (US $1.03 billion), is subject to regulatory approval.

Based in London, Calastone runs the world’s largest funds network, connecting over 4,500 financial institutions across 57 global markets. This acquisition will support SS&C’s ongoing expansion in investment operations and is expected to close by Q4 2025.

SS&C intends to finance the acquisition using a mix of debt and available cash. Once the deal finalizes, over 250 Calastone employees from cities including London, New York, Hong Kong, Singapore, and Sydney will integrate into SS&C Global Investor & Distribution Solutions under Nick Wright’s leadership.

“We look forward to welcoming Julien, the Calastone team, and their clients to SS&C,” said SS&C Chairman and CEO Bill Stone. “This partnership will enhance our fund technology offerings and create a smarter, more connected global fund ecosystem.”

The acquisition reinforces SS&C’s goal of transforming investment operations. Calastone’s automated platform aligns well with SS&C’s leadership in fund administration, AI-driven solutions, and digital transformation.

Together, both firms aim to simplify wealth management solutions, reduce risk, and drive scalable investor servicing. Their unified technology will support real-time fund distribution and investment operations across geographies.

Julien Hammerson, CEO of Calastone, expressed confidence in the move: “SS&C’s scale and expertise will accelerate our innovation in fund technology. We’re excited to collaborate and deliver transformative services to global asset managers.”

Fernando Chueca of Carlyle’s Europe Technology Partners added, “We’re proud to have guided Calastone’s growth. Its platform stands out in automated wealth management solutions, and SS&C is the ideal partner for its next stage.”

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News Source: Businesswire.com

Sdui Group has received a strategic investment to enhance its digital education platform for K-12 schools across Europe. Led by Bain Capital’s Tech Opportunities fund, the investment also includes continued backing from HV Capital and High-Tech Gründerfonds (HTGF).

This funding will help Sdui boost its digital education platform by expanding features, supporting more schools, and deepening its EdTech footprint across Europe. Founded in 2018, Sdui offers a secure, cloud-based suite that covers communication, attendance, scheduling, and grading for schools.

Already serving thousands of institutions in Germany, Austria, Switzerland, and Spain, Sdui’s digital education platform simplifies operations for teachers, students, administrators, and parents. Its modular architecture and compliance with education standards make it ideal for scalable school management.

“As schools shift toward smarter digital systems, Sdui stands out,” said James Stevens, Partner at Bain Capital. “Their platform directly solves everyday school administration challenges.”

Sdui has scaled through both acquisitions and product growth. The company has merged with regional EdTech players and invested heavily in user experience, innovation, and system reliability.

CEO Daniel Zacharias shared, “With Bain’s support and continued trust from HV and HTGF, we’re accelerating efforts to build Europe’s leading digital education platform.”

Felix Klühr, Partner at HV Capital, added, “We’ve supported Sdui from the start and are excited about this next phase with Bain on board.”

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News Source: Businesswire.com

Forsee Power, a leading name in battery systems for electric commercial and industrial vehicles, reported €80.8 million in H1 2025 revenue. The company continued to expand across high-value markets, staying focused on diversification despite global headwinds.

CEO Christophe Gurtner acknowledged market challenges like limited visibility and tough competition from Asia. Still, he praised the team’s dedication and shareholder backing. The successful capital raise in June 2025 also boosted confidence as the company entered a demanding second half.

Revenue dipped 4% from H1 2024, mostly due to slower demand from industrial clients. However, Q2 showed a 38% year-over-year increase, reaching €43.7 million. This growth came from expanded activities, especially in railway and stationary storage, now part of the heavy vehicle division.

Though small in volume, these new verticals signal success in Forsee Power’s diversification strategy. The light vehicle segment also delivered an 11% growth compared to H1 2024.

Key Milestones in H1 2025:

Strategy and Outlook:

Looking forward, Forsee Power remains committed to high-value sectors, including buses, off-highway machinery, mining vehicles, and rail. The company continues converting its growing order book into revenue while adapting to the ongoing economic uncertainty.

Through innovation and strategic partnerships, Forsee Power solidifies its leadership in the global electric mobility and battery systems market.

Looking for more updates on financial innovation and revenue-driven technology? Visit RevTech News for expert insights and the latest trends.

News Source: Businesswire.com