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Venminder Named Leader in G2 Summer 2024 Grid Report for Third Party & Supplier Risk Management Software

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Venminder’s Exceptional Customer Satisfaction and User-Centric Reviews Drive Its Recognition as a Leader in the G2 Summer 2024 Grid Report for Third Party & Supplier Risk Management Software

ELIZABETHTOWN, Ky., July 2, 2024 /PRNewswire-PRWeb/ — Venminder, a pioneer in third-party risk management solutions, has once again been recognized as a Leader in the G2 Summer 2024 Grid® Report for Third Party & Supplier Risk Management Software. This marks another milestone in the company’s journey towards empowering businesses to achieve operational excellence through effective risk management.

Our commitment at Venminder is not just to provide a platform but to forge a pathway that transforms how organizations manage third-party risk.

The G2 report assesses companies based on customer satisfaction and the likelihood to recommend, with Venminder excelling in these categories due to outstanding user feedback from its diverse customer base.

“We are thrilled and honored to receive this distinction from G2, which reflects our dedication to our customers,” said James Hyde, CEO of Venminder. “Our focus remains on simplifying the complexities of third-party risk management, enabling our customers to operate more efficiently and with greater confidence.”

Notable for its comprehensive risk assessment capabilities, robust monitoring tools, and user-friendly interface, Venminder’s platform facilitates proactive risk management and provides actionable insights, as highlighted by our users. When asked what they like best about Venminder, one customer said:

“I’ve used Venminder at multiple financial institutions, and it has only improved over the years. The interface is easy to use, and implementation is a breeze. Each CSM I’ve had has been abundantly helpful and quick to help any time it’s needed. The Control Assessments are a great help for a lean TPRM function and take some of the load off.” – Verified User Review collected by and hosted on G2.com.

Venminder seamlessly manages third-party risks across the entire vendor lifecycle, from initial sourcing to vendor offboarding. The platform features configurable workspaces and advanced cross-functional communication tools for every lifecycle stage. Enhanced with best-in-class technology and real-time subject matter expertise, Venminder helps ensure strategies are tailored for effective compliance and operational reliability, while maintaining ease of use for all users.

“Our commitment at Venminder is not just to provide a platform but to forge a pathway that transforms how organizations manage third-party risk,” stated Hyde. “By integrating cutting-edge technology with deep domain expertise, we create solutions that not only meet current regulatory demands but also anticipate future challenges, helping ensure our customers are always one step ahead.”

As the complexity of third-party ecosystems grows, Venminder remains committed to innovation and to its customers’ success, continually enhancing solutions to meet market demands. As part of this commitment, Venminder is actively developing new features such as enhanced reporting and dashboards, and continuously optimizing our partnerships to ensure our customers get the most comprehensive support, further helping them navigate the evolving challenges of third-party risk management.

For more information about Venminder and its solutions, please visit http://www.venminder.com.

About Venminder
Venminder is the leading provider offering a unified SaaS platform for third-party risk management. The platform is used by more than 1,200 customers to manage the entire vendor lifecycle, from onboarding to offboarding, with ease and efficiency. Venminder combines technology and human expertise to enable customers to manage vendors, track contract data, perform due diligence and oversight, send and score questionnaires, conduct risk assessments, systemically monitor risks across domains, order due diligence assessments on vendor controls, and much more. Venminder also powers Third Party ThinkTank, the largest online community dedicated to the practice of third-party risk. For more information, visit http://www.venminder.com or follow Venminder on LinkedIn, X, Facebook, and YouTube.

About G2
G2, the world’s leading business solution review platform, leverages more than 1 million user reviews to drive better purchasing decisions. Business professionals, buyers, investors, and analysts use the site to compare and select the best software and services based on peer reviews and synthesized social data. Every month, millions of people visit G2’s site to gain unique insights.

Media Contact

Venminder Media Team, Venminder, +1 (888) 836-6463, media@venminder.com, www.venminder.com

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FancyTech Closes Series B+ to Power AI Personalized Content Solutions in Thailand and Southeast Asia

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BANGKOK, May 7, 2025 /PRNewswire/ — FancyTech, an AI startup specializing in commercial content generation and winner of the 2024 LVMH Innovation Award, has announced the successful close of its Series B+ funding round. The round was co-led by GSR Ventures and Zhilin Capital, with continued backing from existing investor DCM. This latest capital injection will power the company’s global expansion and further scale its AI-driven content generation platform.

FancyTech reported $15 million in annual recurring revenue (ARR) for 2024, doubling year-on-year. With more than 1,000 clients across over ten countries and a new global headquarters in Dubai, FancyTech is expanding its presence across Southeast Asia—with Thailand as a key growth market.

Localized Content Partnerships Drive Hyper-personalization

FancyTech has started by partnering with leading Thai retail conglomerates and banks to deliver hyper-personalized content experiences powered by AI. This strategic collaboration enables enterprise clients to boost marketing efficiency and campaign ROI. By leveraging FancyTech’s advanced content generation platform, local partners can scale content creation and deepen consumer engagement, key success factors in Thailand’s mobile-first digital ecosystem across e-commerce and CRM marketing.

Thailand is a market where visual impact, cultural nuance, and speed-to-market can make or break a brand,” said Bryan Lim, Channel Manager APAC at FancyTech. “By using AI to scale content personalization with local retail and banking leaders, we’re helping innovative Thai businesses to grow faster.”

AI Technology That Scales, Localizes, and Delivers

Thailand’s e-commerce revenue is expected to surpass 1.1 trillion baht in 2024, reflecting 14 per cent year-on-year growth,  and is projected to grow to 1.6 trillion baht in 2027. FancyTech’s proprietary AI models specialize in precise object reconstruction and content control, ensuring brand-aligned visuals at scale and in line with local sensibilities.

Each custom AI model is trained to the client’s unique visual identity, enabling marketers to create commercial content across various content types using the same prompt. This dramatically cuts production time while enhancing campaign relevance.

In 2023, the Creative Economy Agency (CEA) estimates Thailand’s creative economy generated revenue of 1.44 trillion baht, accounting for around 8 per cent of GDP. As part of its regional expansion, FancyTech is building a global AI content supply chain that leverages Thailand’s dynamic creative economy. “Our mission is to elevate how content is imagined, produced, and delivered as mobile internet access expands worldwide,” Bryan Lim added. “Innovative Thai creators and enterprises are central to this vision.”

About FancyTech

FancyTech is a global leader in AI-generated content, specializing in high-quality, brand-aligned visual content for businesses. FancyTech helps businesses looking to integrate AI across marketing, design, and digital experiences. In 2024, the company was named Grand Winner of the LVMH Innovation Award and featured on Forbes Asia’s “100 to Watch” list. With deep expertise in AI-powered creative and scalable commercial content, FancyTech is shaping how enterprises harness artificial intelligence to elevate their brands and accelerate innovation.

View original content:https://www.prnewswire.com/apac/news-releases/fancytech-closes-series-b-to-power-ai-personalized-content-solutions-in-thailand-and-southeast-asia-302447135.html

SOURCE FancyTech

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Blinq Raises $25M Series A to Reimagine the Start of Every Professional Relationship

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With over 2.5 million users across 500,000 companies in 189 countries, Blinq is scaling the platform that powers first impressions – and everything after. The new funding will support global expansion, particularly across North America and Europe, and accelerate Blinq’s roadmap to become the connective tissue modern relationships have been missing.

MELBOURNE, Australia, May 6, 2025 /PRNewswire/ — Blinq, the digital business card platform helping professionals connect instantly and stay top of mind, today announced a $25 million Series A funding round led by Touring Capital, with participation from existing investors Blackbird Ventures and Square Peg Capital, and new investor HubSpot Ventures. The funding will accelerate Blinq’s global growth and power the next generation of tools for professionals kickstarting meaningful relationships.

Blinq started as a digital business card. Today, it leads the way in how over 2.5 million professionals share who they are, save valuable connections, and follow through – whether they’re meeting a new potential client, investor, or collaborator. Blinq is on track to surpass 50 million card shares in 2025. This viral growth makes Blinq one of the fastest-growing platforms servicing the first moment of connection between two people and the market leading digital business card solution globally.

Blinq captures the moment most platforms ignore: when two people meet for the first time. Instead of focusing on managing relationships after they’ve formed, Blinq zeroes in on the first few seconds – when attention is highest, intent is clear, and trust is still being formed.

“Blinq is positioning itself at the very top of the professional relationship funnel,” said Priya Saiprasad, co-founder and general partner at Touring Capital. “It’s building the system of record for in-person networking and doing it with a product that’s delightfully simple, beautifully designed, and already proven to scale.”

Blinq users create personalized digital business cards and share them instantly via QR code, email signature, NFC tap, short link, or video call background. Users can create multiple cards tailored to different contexts – work, side hustle and personal use – so they always show up the right way, in the right moment. Each interaction leads to a sleek profile – no app from the other person required – where contacts can connect, capture details automatically (like where and when you met), and sync into CRMs like HubSpot or Salesforce.

“For 700 years, business cards have been paper, passive, and easily lost,” said Rick Baker, Partner at Blackbird Ventures. “It wasn’t until the pandemic normalized QR codes that this shift became possible. Blinq has seized the moment to bring this centuries-old ritual into the cloud, and in doing so, they’re transforming how professionals initiate relationships.”

This B2C virality has fueled serious B2B momentum: over 7,500 businesses now use Blinq to manage employee cards at scale, control how their brand shows up, onboard teams faster, and capture contact leads automatically. Blinq cards are already being used by employees at more than 90% of Fortune 500 companies.

“This round marks a pivotal step in Blinq’s journey to become the relationship layer for modern professionals,” said Jarrod Webb, CEO and Founder at Blinq. “We’re not just helping people connect – we’re helping them act on every relationship that starts. Blinq is becoming the infrastructure for how modern relationships begin and grow.”

Where CRMs and social platforms focus on existing contacts, Blinq is building the first system of record for real-world, first-time professional interactions – optimized for speed, context, and follow-through. In a world where your identity is fragmented across various platforms – and new connections are too easy to forget – Blinq gives you one place to show up well in that first interaction. It’s a dynamic identity layer that keeps contact details current and helps you manage every version of yourself in every first moment.

As the platform becomes increasingly embedded in business workflows, investors see an opportunity to expand how professionals initiate and manage relationships.

“We are excited about how Blinq transforms fleeting encounters into lasting and valuable professional relationships,” said Adam Coccari, Managing Director at HubSpot Ventures. “By capturing the context around a new connection and seamlessly integrating with existing tools like HubSpot, Blinq is building a relationship intelligence layer for millions of individuals and organizations around the world.”

About Blinq

Blinq helps professionals connect in a way that’s fast, memorable, and built for follow-through. Founded in Australia, Blinq is now the world’s top-rated and most popular digital business card platform, with over 2.5 million users across 500,000 companies and offices in Sydney, Melbourne, San Francisco and New York. From individuals to global teams, Blinq makes it effortless to start – and scale – better professional relationships. Learn more at https://blinq.me.

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Nomad eSIM Drives Global Connectivity and Makes Travel Seamless

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SANTA CLARA, Calif., May 7, 2025 /PRNewswire/ — Nomad eSIM, a business line of LotusFlare, continues to see strong growth by delivering high-speed global connectivity to international travelers. Since its launch in 2021, Nomad eSIM has rapidly become the go-to solution for travelers seeking reliable, affordable internet access in 200+ destinations worldwide.

Customers use Nomad to save up to 70% compared to traditional roaming charges, avoid bill shock, and activate eSIMs in seconds. The product has earned a 4.8-star rating on the Apple App Store and widespread word-of-mouth referrals. 

Building on this consumer momentum, Nomad proudly launched its Nomad Enterprise eSIM portal in 2024. This portal provides businesses with a centralized solution to efficiently manage, assign, and monitor connectivity for their employees. Adoption has been positive, with businesses from financial services and manufacturing, to travel and pharma all leveraging Nomad to optimize their employee travel and reduce employee roaming costs.

Equally transformative is Nomad’s eSIMfx service, which enables brands like OTAs, airlines, and fintech to integrate eSIMs into their offerings. Partners can offer seamless global connectivity with minimal development effort through robust APIs, SDKs, or no-code microsites. This unlocks new revenue streams, drives customer loyalty with travel benefits, and positions partner brands as all-in-one travel solutions. By partnering with eSIMfx, businesses can boost revenue and tap into the growing demand for global connectivity.

“Global eSIM connectivity is no longer a nice-to-have; it’s a necessity to modern businesses,” says Shern Ng, Head of Product at Nomad. “Nomad eSIM is at the forefront of this transformation, empowering companies and travelers to connect seamlessly wherever their journey takes them. Simultaneously, we enable businesses to offer true connectivity as part of their service.”

With more exciting features for consumers and businesses launching in 2025, Nomad eSIM remains committed to innovation and expansion. It is poised to continue its success in leading the global connectivity space across both consumer and enterprise markets.

About Nomad:
Nomad, a business unit of LotusFlare Inc., simplifies global travel by providing affordable, high-speed, mobile data services in over 200 destinations worldwide. With flexible data plans at local rates, Nomad eliminates expensive roaming charges. Travellers can browse data plans for their upcoming trip, install and activate eSIM in seconds, and connect to a 5G network upon arrival.

Contact
Magdalena Arnautovic
Integrated Marketing and Communications Manager Email Address: magdalena.marjanovic@lotusflare.com

SOURCE LotusFlare

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