Technology

Kapwork Debuts to Automate and Accelerate Invoice Factoring

Published

2 years ago

February 10, 2025

Agents-enabled platform verifies invoices through direct integration with leading vendor systems

LOS ALTOS, Calif., Feb. 10, 2025 /PRNewswire/ — Kapwork, the company increasing access to working capital, announced Kapwork Verify to help Factors deploy capital faster, minimize risk, and reduce operational costs. Verify’s Portal Agents automate invoice verification across thousands of vendor portals, saving valuable time and cutting operational costs by as much as 20%. With Kapwork, Factors can improve operating margins while unlocking more funding for millions of small businesses.

Factoring is the centuries-old practice of selling unpaid invoices to a third party that has remained largely unchanged and is hampered by back-office overhead and substantial risk. Invoice verification is a crucial aspect of factoring that has until now required tedious manual effort, risking costly errors and potential fraud. Kapwork combines automation, data-enrichment, and security to automate verification and deliver a new level of integrity and operational efficiency in the invoice-to-cash industry serving over $150B in assets under management according to Grandview Research.

Kapwork Verify makes it easy for Factors to scale their operations and speed up transactions. Portal Agents can be configured to retrieve all types of data from invoice to remittance details across 1000+ systems of record including Ariba and ISupplier. Records can run on demand or a specific schedule to ensure information is timely and accurate. Verify maintains secure access and control over vendor portals, authentication, and data visibility to safeguard sensitive information and meet compliance standards.

“Factors have helped businesses thrive by providing essential working capital, but today they’re held back by manual processes and unnecessary risks. We built Kapwork to give factors the technological edge they deserve – not disrupt their relationships with small businesses, but to strengthen them,” said Mauricio Vergara, CEO at Kapwork. “Our technology automates the most tedious parts of the process so factors can focus on what they do best: getting capital to businesses when they need it most.”

“Kapwork has transformed our daily work routine,” says Dean Rosenthal, CEO at TowerCap. “The invoice verification saves hours spent on manual checks, allowing us to focus on more important tasks.”

Kapwork was cofounded by Mauricio Vergara and Chief Technology Officer Pete Thomas, who both understand firsthand how long payment terms and slow cash flow threaten small businesses. Vergara brings deep expertise in both entrepreneurship and technical leadership – from founding and operating a successful small business to driving developer ecosystem growth at industry giants Google and Unity Technologies. Over years spent scaling global developer programs and supporting app developers, he saw how payment friction impacts businesses at every stage of growth. Thomas has spent decades pioneering the application of new technologies to the business world. As co-founder of financial services C2FO, a unicorn that has accelerated over $100 billion in payments for business, he developed a new digital path to delivering on-demand working capital and championed a more inclusive financial system.

Kapwork also announced the appointment of Zachary Kuney as Strategic Advisor. As a Managing Director at Google, Kuney brings decades of experience scaling multi-billion dollar business and building high-performing global teams across the ad tech and retail sectors.

“There’s a clear opportunity to radically improve how working capital flows to businesses,’ says Kuney. “Traditional processes in this space are manual, opaque, and expensive, and transformation is long overdue. Kapwork’s platform reduces backend costs for partners while adding much needed transparency to the ecosystem. I’m excited to help this talented team scale their operations and bring this solution to more customers.”

Kapwork Verify is available today, with a free tier offering Factors up to 600 free credits per month to verify invoices. Qualified factors can integrate with portals and automatically verify records after completing a simple registration process.

Visit www.Kapwork.com to learn more.

About Kapwork

Kapwork is building a more equitable future where every business can access working capital to grow. Their first product, Kapwork Verify, uses an automated, data-enriched platform to accelerate the invoice to cash process and help Factors more easily deploy capital to small businesses. Kapwork was founded in 2024 and is based in Los Altos, California. Learn more at Kapwork.com.

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SOURCE Kapwork

Technology

MiniTool ShadowMaker 5.0 Introduces Cloud Sync for Google Drive and OneDrive

Published

33 minutes ago

October 23, 2026

VANCOUVER, BC, Oct. 22, 2026 /PRNewswire/ — MiniTool® Software Limited has announced the release of MiniTool ShadowMaker 5.0, the latest version of its Windows backup and file sync software. The update introduces a new Cloud Sync feature for Google Drive and OneDrive, along with enhancements to the registration and purchase experience, interface refinements, and compatibility fixes.

New Features and Improvements in MiniTool ShadowMaker 5.0

1. Cloud Sync to Google Drive and OneDrive

MiniTool ShadowMaker 5.0 introduces Cloud Sync, allowing users to synchronize files and folders from a Windows computer to Google Drive or OneDrive. Users can choose the files and folders they want to sync and select their preferred cloud storage service as the destination.

The new feature supports one-way synchronization from a local Windows PC to cloud storage, providing an additional way to save copies of important files outside of your computer. Together with MiniTool ShadowMaker’s existing local file sync function, Cloud Sync expands the available destinations for file sync.

2. Streamlined License & Plan Management

The latest update introduces an enhanced register interface that remains easily accessible even after activation. Registered users can now effortlessly review their current plan, explore upgrade options, or update their license key anytime for a smoother user experience.

These refinements are intended to improve usability when users manage their software registration and licensing.

3. Interface Refinements and Compatibility Fixes

MiniTool ShadowMaker 5.0 includes interface improvements and fixes for certain display issues. One notable fix addresses a blurry display issue that could occur on some systems equipped with AMD GPUs.

These changes focus on resolving specific issues and improving the user experience on affected systems.

4. Additional Improvements

Beyond Cloud Sync and the changes outlined above, MiniTool ShadowMaker 5.0 includes additional interface and functionality refinements. Together, these updates further improve the software’s usability while expanding its file synchronization options.

With support for Google Drive and OneDrive, MiniTool ShadowMaker 5.0 provides Windows users with another approach to manage file copies across local and cloud storage. Users who want to synchronize files to cloud storage can download the Free Edition and explore the new capabilities.

About MiniTool ShadowMaker

MiniTool ShadowMaker is a Windows backup and file sync solution designed to help users protect their operating systems and important data. It supports backing up Windows systems, disks, partitions, files, and folders to local drives, external hard drives, shared folders, and other supported locations. Users can select specific items to back up according to their needs.

For users who need to migrate data to another drive, MiniTool ShadowMaker offers a disk cloning feature. The software also supports restoring backed-up data and creating bootable media for system recovery.

By combining backup, file synchronization, disk cloning, and restore capabilities, MiniTool ShadowMaker offers Windows users a set of tools for data protection and system recovery.

About MiniTool® Software Limited

MiniTool Software Limited is a professional software company that develops computer applications. It provides software for partition management, data recovery, data backup and sync, video editing, multimedia conversion, and screen recording for home and business users. The company is committed to developing innovative, reliable, and easy-to-use software that simplifies everyday digital tasks.

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SOURCE MiniTool® Software Limited

Technology

Rocket Companies to Announce Third Quarter 2026 Results on October 29, 2026

Published

2 hours ago

October 22, 2026

DETROIT, Oct. 22, 2026 /PRNewswire/ — Rocket Companies, Inc. (NYSE: RKT) (“Rocket Companies” or “the Company”), the Detroit-based homeownership platform, today announced that the Company will issue its third quarter 2026 earnings on October 29, 2026. Leadership will host a conference call to discuss results at 4:30 p.m. ET on that date. A press release detailing the Company’s results will be issued prior to the call.

A live webcast of the event will be available on the “Events & Presentations” section of the Company’s Investor Relations website at ir.rocketcompanies.com. A replay of the webcast will be available on the Investor Relations website following the event.

About Rocket Companies

Founded in 1985, Rocket Companies (NYSE: RKT) is a Detroit-based homeownership platform including mortgage, real estate and personal finance businesses: Rocket Mortgage, Redfin, Rocket Close, Rocket Money and Rocket Loans.

With insights from more than 160 million calls with clients each year, more than 30 petabytes of data and a mission to Help Everyone Home, Rocket Companies is well positioned to be the destination for AI-fueled homeownership.

For more information, please visit the Company’s Corporate website or Investor Relations website.

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SOURCE Rocket Companies, Inc.

Technology

Lunai Bioworks Announces Receipt of Nasdaq Determination and Intention to Voluntarily Delist and Deregister

Published

2 hours ago

October 22, 2026

SACRAMENTO, Calif., Oct. 22, 2026 /PRNewswire/ — Lunai Bioworks Inc. (Nasdaq: LNAI) (the “Company”) announced that on October 21, 2026, it received a letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) stating that the Company no longer complies with Nasdaq Listing Rule 5550(b)(1), which requires minimum stockholders’ equity of $2,500,000. The Company reported a stockholders’ deficit of $(9,024,946) in its Annual Report on Form 10-K for the fiscal year ended June 30, 2026, and does not meet the alternative market value of listed securities or net income standards. Because the Company is subject to a mandatory Hearings Panel Monitor under Nasdaq Listing Rule 5815(d)(4)(B), Nasdaq staff determined to delist the Company’s securities. Trading in the Company’s common stock on Nasdaq is expected to be suspended at the opening of business on October 30, 2026.

The Company will not request a hearing. Rather than contest the staff determination, the Company’s Board of Directors approved on October 22, 2026 the voluntary withdrawal of the Company’s common stock from listing on Nasdaq under Rule 12d2-2(c) under the Securities Exchange Act of 1934, as amended. The Board took this action because of the staff determination and the Company’s financial condition, and concluded that the cost of continued listing and SEC reporting is not justified.

The Company notified Nasdaq of its intention on October 22, 2026. The Company intends to file a Form 25 with the Securities and Exchange Commission (the “SEC”) on or about November 2, 2026, and expects the delisting to become effective on or about November 12, 2026. The Company then intends to file a Form 15 to suspend its SEC reporting obligations, to the extent it is eligible to do so. The Company’s SEC reporting obligations will continue unless and until they are terminated or suspended in accordance with the SEC’s rules.

The Company does not intend to arrange for quotation of its common stock on any over-the-counter market and cannot assure that any trading market for its common stock will exist after trading on Nasdaq is suspended.

Forward-Looking Statements
This press release contains forward-looking statements, including statements regarding the expected suspension of trading, the expected timing of the Form 25 and Form 15 filings, and the expected timing of delisting and deregistration. Actual results may differ materially due to risks and uncertainties, including Nasdaq and SEC procedures and the Company’s financial condition. The Company undertakes no obligation to update these statements, except as required by law.

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SOURCE Lunai Bioworks Inc.