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Azimut strengthens its support for the excellence of the Italian Alps blockchain with a new €105 million club deal

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The new capital will finance the international expansion of the company, which specialises in the production of computing power for blockchain technology and the digital mining process, thereby encouraging energy transition.

MILAN and TRENTO, Italy, July 29, 2024 /PRNewswire/ — Azimut, an independent, global group in asset management, wealth management, investment banking and fintech, has successfully completed a new club deal to invest in Alps Blockchain S.p.A., one of Europe’s leading companies and a leader in Italy in the production of computational power for blockchain and digital mining.

This new €105 million investment by Azimut in Alps Blockchain, whose commitment was reached in just two days, follows a previous round of €40 million in 2023, confirming the confidence and involvement of private investors in the growth of this innovative company.

Azimut’s investment was made through Azimut Direct Investment Alps Blockchain II SCSp, a dedicated Luxembourg vehicle that invested in a 5-year guaranteed bond with the option of early redemption by Alps Blockchain. This transaction allowed around 1,000 customers, served by the Group’s network of financial advisors and wealth managers in Italy, to gain exposure to the growth of the blockchain sector.

Alps Blockchain is an Italian company that builds and operates mining farms with the aim of contributing to the development of new technologies and supporting the evolution of the energy sector, combining innovation and efficiency. Thanks to a path of continuous development, in the last three years the company has quintupled the number of mining machines installed in its planned sites globally from 2,500 to over 15,000. This increase has enabled the company to reach a total energy capacity of 50 MW and more than 2 EH/s (exahash per second) of computing power produced by June 2024.

Alps Blockchain’s positive trend is also reflected in its financial results. Revenues increased from €697,000 in 2020 to €17.3 million in 2022. In 2023, thanks in part to Azimut’s first investment round, revenues reached €43.6 million, an increase of around 140% compared to the previous year, which, with a positive EBITDA, confirms the company’s solid development capacity.

The funds raised will be used to support Alps Blockchain’s growth and internationalisation path, with a focus on consolidating and implementing its existing operations and considering expansion into new markets to further strengthen its global position.

From Italy, the company has already established operations in countries such as Paraguay and Ecuador, where the completed mining farms use hydroelectric power. Alps Blockchain actively supports the energy sector not only by focusing on hydropower, but also by exploring new sources and projects to promote the energy transition. Among the key markets for future growth is Oman, where the company is already present with a state-of-the-art mining farm within the Green Data City technology hub. The strategic focus is also on North America, a major destination for the mining industry and attractive for new expansion opportunities.

Giorgio Medda, CEO and Global Head of Asset Management & Fintech of the Azimut Group, commented: “We are thrilled to strengthen our relationship with Alps Blockchain, whose objective is to make mining more sustainable, and to offer our customers the opportunity to participate in the growth of an all-Italian excellence that is rapidly establishing itself around the world. This new transaction is part of Azimut’s broader commitment to promoting a global and sustainable energy transition through innovative investment solutions in private markets. A commitment that from 2022 to date counts investments of over €350 million. Our vision is that asset management can increasingly play a crucial role in combining efficient capital allocation with building a more sustainable future’.

Francesco Buffa, CEO of Alps Blockchain, stated: ‘At Alps Blockchain we are committed to shaping projects that foster the synergy between new technologies and the world of energy, generating a positive impact in both sectors. This new investment is an extraordinary confirmation of the confidence in our work and an essential support for the near future. On the sixth anniversary of the company’s establishment, which was July 20th, we are enthusiastically inaugurating a new chapter in its history dedicated to the pursuit of ambitious growth targets.

Francesca Failoni, CFO of Alps Blockchain, added: “The increase in resources will allow us to contribute even more substantially to the blockchain ecosystem, fostering the development of solid and sustainable projects over time. Thanks to this financial transaction, we will not only be able to increase and make our existing sites more efficient, but also invest in the construction of new facilities, aiming to quadruple the production capacity of computing power in the service of this technology by the first quarter of 2025.”

Glossary 

Blockchain: a digital ledger based on a decentralised data structure consisting of a series of concatenated blocks containing transactions. The blockchain is designed to be secure, transparent and tamper-proof through the use of cryptography and the participation of a network of nodes that validate and store information in a distributed manner.

Mining: The process by which transactions are verified, grouped into blocks, validated and added to the blockchain. Critical to some types of blockchain, such as that of bitcoin, this process is carried out by miners, who use computing power to solve complex cryptographic functions in exchange for fees and the issuance of new cryptocurrency value.

Mining farm: A mining farm is a data centre designed to generate computing power to serve the blockchain. It is an industrial facility that houses a group of specialised devices designed to solve cryptographic functions, called ASICs (Application-Specific Integrated Circuit), which work in a coordinated manner to perform the mining process.

Azimut is an independent, global group in asset management, wealth management, investment banking and fintech, serving individuals and businesses. A public company listed on the Milan Stock Exchange (AZM.IM), it is a leader in Italy and present in 18 countries worldwide, with a focus on emerging markets. The shareholding structure sees around 2,000 managers, financial advisors and employees united in a syndicate that controls around 22% of the company. The remainder is free float. The Group includes several companies active in the promotion, management and distribution of financial and insurance products, mainly based in Italy, Australia, Brazil, Chile, China (Hong Kong and Shanghai), Egypt, United Arab Emirates, Ireland, Luxembourg, Mexico, Monaco, Portugal, Singapore, Switzerland, Taiwan, Turkey and the USA. In Italy, Azimut Capital Management Sgr is active in the promotion and management of mutual funds governed by Italian law, in alternative investment funds governed by Italian law, and in the individual management of investment portfolios on behalf of third parties. In addition, Azimut Capital Management handles the distribution of Group and third-party products through its network of financial advisors, while Azimut Libera Impresa Sgr handles alternative products. The main foreign companies are Azimut Investments SA (founded in Luxembourg in 1999), which manages the AZ FUND1 and AZ Multi Asset multi-fund funds, and the Irish company Azimut Life DAC, which offers life insurance products.

Alps Blockchain is an Italian tech company with a global vision, specialising in the production of computing power for digital mining. Through the design and operation of state-of-the-art mining farms, it aims to combine the potential of blockchain and mining with the needs of the energy sector, creating shared value and fostering mutual evolution. Founded in 2018, it introduced an innovative solution to support the Italian energy sector, breathing new life into historic hydroelectric power plants through the installation of mining farms integrated with the traditional production system. Today, Alps Blockchain has extended its reach from Europe to South America and the Middle East, focusing on projects that generate scalable growth and new opportunities through computational power generation.

Contacts – Azimut Holding S.p.A.
www.azimut-group.com

Contatti – Alps Blockchain
www.alpsblockchain.com 
Nicole Vuillermin
Tel. +39 335 69 72 986
Email: n.vuillermin@alpsblockchain.com

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MatchMove Receives Frost & Sullivan’s 2026 Asia-Pacific Cross-Border Payment and Remittance Solution Technology Innovation Leadership and 2026 Singapore Embedded Finance Company of the Year Recognitions for Advancing Embedded Finance and Cross-Border Payment Innovation

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The company is recognized for its leadership in embedded finance, cross-border payments, and programmable financial infrastructure, enabling enterprises to accelerate digital transformation across Asia-Pacific.

SAN ANTONIO, July 20, 2026 /CNW/ — Frost & Sullivan is pleased to announce that MatchMove has received the 2026 Asia-Pacific Cross-Border Payment and Remittance Solution Technology Innovation Leadership and 2026 Singapore Embedded Finance Company of the Year recognitions in the fintech and digital financial services industry for its outstanding achievements in technology innovation and customer impact. These recognitions highlight MatchMove’s leadership in transforming embedded finance and cross-border payments through a scalable banking-as-a-service (BaaS) platform that simplifies financial services while empowering enterprises to innovate with confidence.

Frost & Sullivan evaluates companies through a rigorous benchmarking process across two core dimensions: strategy effectiveness and strategy execution. MatchMove excelled in both, demonstrating its ability to anticipate market evolution, align innovation with customer needs, and deliver scalable financial infrastructure across diverse markets. “MatchMove empowers enterprises with a unified platform for digital wallets, card issuance, remittance, multi-currency settlement, and Web 3.0, enabling seamless and compliant global money movement,” said Dewi Rengganis, Senior Industry Analyst, ICT at Frost & Sullivan.

Guided by a long-term growth strategy centered on digital innovation, ecosystem partnerships, and platform expansion, MatchMove continues to redefine how enterprises embed financial capabilities into their products and services across Asia-Pacific.

The company’s strategic agility and sustained investment in API-first infrastructure, programmable finance, and compliance-by-design have helped it scale efficiently across multiple markets. Its unified BaaS platform combines cross-border payments, card issuance, virtual accounts, fund collection, and payout capabilities into a single ecosystem, allowing businesses to reduce operational complexity, accelerate deployment, and launch scalable financial solutions through one integration.

“Earning both recognitions in the same year reflects what we care about most — that our platform works at the speed our customers need. Every day, enterprises across Asia-Pacific use MatchMove to issue cards, move money across borders, and embed financial services into their products without becoming a bank themselves. That’s a hard problem to solve at scale across multiple regulatory regimes and currencies, and we’ve spent years engineering it to feel simple. This recognition from Frost & Sullivan tells the market that MatchMove is the partner of choice for enterprises serious about accelerating digital transformation through embedded finance,” said Amar Abrol, President and Co-founder, MatchMove.

By simplifying financial services through a single integration point, embedding compliance directly into platform architecture, and allowing intelligent payment orchestration across global corridors, MatchMove continues to address the evolving needs of enterprises, financial institutions, and digital platforms. Its modular architecture, broad application capabilities, and focus on operational efficiency have enabled customers to deploy innovative financial products significantly faster while supporting expansion across more than 200 countries and territories.

Frost & Sullivan commends MatchMove for setting a high standard in competitive strategy, execution, and market responsiveness. The company’s vision, technology leadership, and customer-first approach are shaping the future of embedded finance and cross-border payment infrastructure while enabling businesses to deliver seamless digital financial experiences at scale.

Each year, Frost & Sullivan presents the Technology Innovation Leadership recognition to a company that demonstrates exceptional technological advancement and commercialization, resulting in meaningful market impact and competitive differentiation. The Company of the Year recognition honors organizations that consistently excel in vision, innovation, customer value, and growth strategy while setting new benchmarks within their industries.

Frost & Sullivan Best Practices Recognition
Frost & Sullivan’s Best Practices Recognitions honor companies across regional and global markets that exhibit exceptional achievement and consistent excellence in areas such as leadership, technological innovation, customer experience, and strategic product development. Each recognition is the result of a rigorous analytical process in which Frost & Sullivan industry experts benchmark performance through comprehensive interviews, deep-dive analysis, and extensive secondary research. The goal is to identify true best-in-class organizations that are driving transformative growth and setting new industry standards.
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About MatchMove
MatchMove is a Singapore-headquartered Banking-as-a-Service (BaaS) company and one of Asia’s leading embedded finance providers. Through its proprietary, MAS-regulated Banking Wallet OS™, MatchMove lets businesses issue accounts and cards, move payments, and offer lending — embedded directly inside their own apps, without building banking infrastructure or holding their own licences. In 2025, the platform processed over US$5 billion, issued more than 4 million cards, and reaches 200+ payout countries through 100+ partners. Recognised with the Frost & Sullivan 2026 Singapore Enabling Technology Leadership Recognition for Embedded Finance, MatchMove partners with leading banks across the region to bring compliant financial products to market in weeks, not months.

Contact:
Tarini Singh
E: Tarini.Singh@frost.com

View original content:https://www.prnewswire.com/news-releases/matchmove-receives-frost–sullivans-2026-asia-pacific-cross-border-payment-and-remittance-solution-technology-innovation-leadership-and-2026-singapore-embedded-finance-company-of-the-year-recognitions-for-advancing-embedded-fina-302828509.html

SOURCE Frost & Sullivan

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Saber Astronautics releases new spacecraft constellation control and automation software SABER COMMANDER

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SYDNEY, July 20, 2026 /PRNewswire/ — Saber Astronautics today announced the release of Saber Commander, its new spacecraft and constellation operations software.

Saber Commander builds on the operational heritage of the Predictive Ground station Interface (PIGI), recognised in the space industry for pioneering techniques in digital twin and machine learning to manage individual satellites. Saber Commander preserves that foundational heritage while supporting increasingly complex satellites, constellations, and mission requirements in the modern space age.

Originally developed in 2010 and released in 2012, PIGI pioneered new capabilities as Saber’s flagship operations software. Listed as a NASA Spinout, it was the first product globally to successfully solve spacecraft diagnostics using machine learning, allowing operators to learn the root cause of health problems on a spacecraft. 

PIGI represented a new generation of software leading efforts to visualise satellite constellations and was the first Unity game engine digital twin to receive fielding authority by the US Space Force.  This eventually led to the production of Saber’s Space Battle Management System (SBMS) which now serves as the protect-and-defend tool accepted across US Space Force Combat Command Deltas.

“PIGI was about reducing the barrier to entry to satellites, making it easier and safer to fly” said Dr. Jason Held, CEO of Saber Astronautics. “Saber Commander carries that heritage forward, with new automation, visualization, and operational scale that modern satellite constellations require.”

Developed in close collaboration with Saber’s own satellite operators, Saber Commander reflects the company’s direct operational experience through its Responsive Space Operations Centres (RSOC), in Australia and the United States. Saber currently controls 36 tonnes of spacecraft in orbit, giving the company daily exposure to the real pressures faced by mission teams.

That experience shaped Saber Commander around practical needs: faster situational awareness, clearer decision support, reduced manual workload, and automation.

 “Saber Commander takes everything we learned from our first generation of products and turned it into a platform built for the realities of modern space operations,” says Chris Schuck, Head of Product Engineering. “Larger fleets and congested orbits demand a smarter approach. We designed Commander hand-in-hand with operators to bring automation, commanding, monitoring, and situational awareness together into a single platform to reduce operator workload while giving greater confidence and control. I’m incredibly proud of what our team has built, and excited to see what our customers achieve with it.”

Please direct enquiries to: media@saberastro.com

About Saber Astronautics

Saber Astronautics’ mission is the democratization of space, reducing barriers to space flight, and making space as easy as driving a car. Founded in 2008, Saber Astronautics provides operations, mission design services, and related software. Saber has R&D laboratories and mission control centres in the USA and Australia, being a trusted supplier to traditional space and government customers worldwide.

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SOURCE Saber Astronautics

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How Curb Flow Is Driving Growth for Ride Demand and Technology Partners Across the US, UK and Canada

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New data from GoRide partnership shows drivers on Curb Flow spend 26% more time on trips and complete 16% more hired miles

LONDON, July 20, 2026 /PRNewswire/ — Curb, a leading mobility technology provider specialising in metered taxi payment systems, dispatch platforms and demand aggregation solutions, is opening its Curb Flow network to new demand and technology partners across the US, UK and Canada following the full public launch of Curb Flow in London. With the North American network already at scale and London now live, Curb is releasing new data from its GoRide partnership in Washington DC that demonstrates the impact of connecting supply partners to aggregated demand through a single platform.

Curb Flow enables taxi fleets and technology providers, including those operating their own meter and dispatch systems, to integrate with the platform and gain access to demand from sources including Uber, Curb’s consumer app, Taxi Butler, HQ and Gridd. The open integration model means drivers and fleets using existing technology systems can join the network without switching platforms.

GoRide is a taxi technology system provider operating in Washington DC that integrated into Curb Flow as a supply partner, giving its drivers access to Curb Flow’s ride demand. The partnership demonstrates how taxi technology providers with their own systems can connect to the Curb Flow network to unlock additional trip volume for their drivers. In Washington DC, Curb Flow now accounts for nearly half of all trips completed by participating drivers, with some GoRide drivers completing more than 650 trips per month.

These results reflect broader performance across the Curb Flow network. Drivers using the platform spend 26% more time on trips and complete 16% more hired miles, while Curb’s nationwide booking volume has quadrupled since 2023.

Dorel Tamam, Vice President of the Mobile Business Unit at Curb, says: “With Curb Flow now live in London, we are opening the network to additional partners, regardless if they run their own system or not. The results show what happens when you remove the barriers to consistent, aggregated demand and supply.”

The GoRide partnership has become one of the strongest proof points for the Curb Flow model in North America, with consistent month-over-month growth in trip volume and driver participation since launch. That track record is now informing how Curb approaches new supply partnerships in the UK market.

Ermias Wosenu, CEO and Founder GoRide, says: “Integrating with Curb Flow gave our drivers access to a significant new source of demand without requiring them to change how they work. The volume of trips through the platform has grown consistently since we launched, and it has been a straightforward way for us to expand what we can offer our drivers.”

Curb Flow launched in London in March and is currently operating with an initial network of supply and demand partners, bringing additional trip opportunities to black cab drivers through a single platform.

Operators and technology providers ready to join the next phase of Curb Flow in London can find out more and register their interest at https://www.gocurb.co.uk/curb-flow.

Notes to Editors

Curb analysed the data from operating cabs during March 2026 in the Washington DC district.

About Curb 

Curb reimagines urban mobility with a driver-first approach, offering transparency and seamless access to rides. Connected to over 100,000 drivers in 65+ cities across the US, UK, and Canada, Curb powers millions of rides and billions of dollars in payment transactions annually. Its innovative platform unifies taxis and for-hire vehicles, serving passengers, drivers, and fleet management. Curb’s B2B services support transit agencies, healthcare providers, and businesses, helping cities and organizations move efficiently.

Media Contact:
8020 Communications
curb@8020comms.com 

View original content:https://www.prnewswire.com/news-releases/how-curb-flow-is-driving-growth-for-ride-demand-and-technology-partners-across-the-us-uk-and-canada-302828612.html

SOURCE Curb

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