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What Does It Cost to Launch a Fund? Fundway’s Free Fund Cost Aggregator, Using Verified Providers

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Fundway (fundwayplatform.com) is live, being the first platform where fund managers see fund costs across global jurisdictions and connect with leading service providers.

BRATISLAVA, Slovakia, Aug. 3, 2026 /PRNewswire/ — Fundway (fundwayplatform.com) went live today as the first platform where fund managers can see what it costs to set up and run a fund across global jurisdictions and connect directly with leading service providers to make it happen.

For years, the fund industry remained and operated as closed circuit, unavailable to approach by emerging fund managers, looking to launch a fund. Everyone who tried to, also knows the problem – the prices remain hidden and unknown for a while. A manager planning their first fund has to request quotes one by one, from administrators, lawyers and auditors, and the answers arrive slowly, in different formats, with wide ranges, variables and plenty of “it depends.” It can take weeks to arrive at a number solid enough for a business plan, and even then the search for the right firms is still ahead.

Fundway completely flips the script and changed this industry wide problem. Simply answer a few questions about the fund you have in mind: strategy, size, expected numbers of investors and transactions, valuation frequency, launch timeline and distribution regions. Within seconds, you receive a cost breakdown, and alongside it, quotes from verified providers matched to your fund who are ready to take it from plan to launch.

“We kept hearing the same story from people trying to start their first fund. They spent more time finding out what things cost, and who to even call, than deciding whether the fund made sense,” said Cyril Oresansky, Fundway’s founder. “Fundway answers both questions at once. Here is what it costs, and here are the firms who can do it.”

Bolder Group and Funds Avenue / Trustmoore have already joined as major verified partners, with more industry leaders already being in advanced discussions. Verified partners give Fundway their actual fee schedules, so the numbers on the platform come from the providers themselves. When a manager is ready, they connect with their chosen provider in one click, and the provider responds with a tailored proposal.

“Emerging managers bring a great deal of energy and fresh thinking to the funds industry, but they often need practical support early on, before the fund is even launched. As a boutique administrator, we have always tried to be close to that part of the market, to offer accessible guidance and flexibility to newer managers. Such partnership with Fundway is another way for us to stay connected to managers at the point where good advice can make a real difference,” said Jeroen van Zanten, Global Head of Growth, Bolder Group.

Fundway is free for both seasoned and emerging fund managers and earns its revenue from provider partnerships. It covers hedge funds, private equity, venture capital, real estate, private credit, digital assets and family office structures, across the Cayman Islands, Delaware, Luxembourg, Ireland, Singapore, the UK, Switzerland and dozens of other domiciles.

Fundway is the first platform to compare fund setup and management costs across global jurisdictions and connect managers with verified service providers. It was founded by Cyril Oresansky and is based in Bratislava.

Media contact:

Cyril Oresansky, Founder and CEO
cyril@fundwayplatform.com

Press Contact:

Cyril Oresansky
fundwayplatform.com/

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SOURCE Fundway

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HONGQI EHS4 Set for Global Debut in Venice: Eastern Elegance Arrives in Europe

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VENICE, Italy, Nov. 15, 2026 /PRNewswire/ — HONGQI, one of China’s leading automotive marques, will introduce its all-new all-electric SUV, HONGQI EHS4, to the European market. Making its global debut in Venice, Italy, on 16 November 2026, the EHS4 marks another milestone in the brand’s international expansion.

68 Years of Heritage: A Distinctive Expression of Modern Luxury
Founded in 1958, HONGQI has spent 68 years building its automotive heritage through independent innovation, engineering excellence, and craftsmanship. Guided by a longstanding commitment to quality and safety, the brand continues to bring its distinctive heritage to a global audience.

With its Munich Advanced Design Centre, HONGQI combines global design perspectives with its rich Eastern heritage. Guided by a European Neoclassical Design Philosophy, the EHS4 brings together Eastern design influences and global aesthetics. Developed around European consumer needs, it represents HONGQI’s first model tailored specifically for Europe.

HONGQI EHS4: A New Choice for All-Electric Mobility
Bringing together Eastern and Western design aesthetics, HONGQI EHS4 balances distinctive styling, driving comfort and everyday practicality. Its Celadon Paint draws inspiration from the refined beauty of traditional Longquan celadon, while the Eyes of Infinite Allure lighting design creates a distinctive visual identity. Inside, the Crystal Control Knob adds an elegant touch to the cabin.

With a driving range of up to 470 kilometres and fast-charging capability of approximately 20 minutes, the EHS4 is designed for convenient everyday electric mobility. Its 87.4% space utilization makes intelligent use of interior space, enhancing passenger comfort and practicality.

Safety and quality remain central to its development. Equipped with seven airbags and intelligent driver-assistance technologies, the EHS4 draws on FAW’s more than 70 years of automotive manufacturing expertise to deliver advanced technology, refined driving quality, and dependable vehicle performance.

Venice: A New Chapter in Europe
On 16 November 2026, HONGQI EHS4 will make its global debut at the Scuola Grande di Santa Maria della Misericordia in Venice. The event will bring together European dealers, media representatives, and industry guests to witness an important milestone in HONGQI’s European journey.

A distinctive expression of Eastern elegance, now coming to Europe.

SOURCE HONGQI

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EFICYENT to Join Banks and Fintech Companies at Singapore FinTech Festival 2026

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DUBAI, UAE, Nov. 14, 2026 /CNW/ — EFICYENT, a cross-border payment platform, is going to attend the Singapore FinTech Festival (SFF) 2026, which is going to be one of the world’s largest gatherings of the global financial and technology ecosystem.  It will take place between November 18 – 20, 2026, at Singapore. This event will converge policymakers, financial institutions, fintech companies, and investors to discuss the developments that are going to shape the future of fintech.

As financial institutions are desperately discovering new technologies, evolving payment infrastructure, and better ways to move money across borders, SFF 2026 is going to be an ideal platform for industry collaboration and knowledge exchange. The event will explore key forces transforming the financial system, including technology, geoeconomics, capital, talent, and policy, developing opportunities for businesses to engage with global industry leaders and explore emerging possibilities.

By participating in this event, EFICYENT is looking forward to connecting with other fintech companies, banks, financial institutions, and peer industry stakeholders to share their ideas, discover potential collaborations, and hold a conversation on the growing demand for efficient global payment infrastructure. Also, the company’s presence will provide an opportunity to demonstrate how its capabilities can assist businesses navigating increasingly interconnected financial markets.

Ahead of the participation, Aravinth Ramesh, CTO at EFICYENT, said:

“As financial services entered a chapter where businesses expect something beyond the ability to transfer money. They need payment platforms that offer speed, transparency, flexibility, and access to global markets. So I think events like SFF create a better opportunity to know in which direction the industry is moving, to share our perspectives with industry leaders, and explore partnerships that drive meaningful progress.”

Balasubramanyam K, CEO at EFICYENT, added:

“The future of fintech will be shaped by how effectively technology, financial institutions and payment networks work together. And this SFF event is going to remain an excellent opportunity to connect with industry leaders, better understand emerging requirements, and discover new approaches to making cross-border payments more accessible and efficient.”

About EFICYENT

EFICYENT is a global cross-border payments and financial infrastructure platform that concentrates on enabling seamless international money transfers.

They focus on simplifying international transactions and advancing digital finance. EFICYENT is committed to supporting a seamless and interconnected global payments ecosystem.

Media Contact: 
EFICYENT
Dubai, UAE
Website: https://eficyent.com/ 
Email: support@eficyent.com
LinkedIn: https://www.linkedin.com/company/eficyent/

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SOURCE EFICYENT

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SmallRig Joins Art World Figures to Discuss Creativity and Authenticity in the AI Era–and How Art and Technology Can Drive Innovation

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SHENZHEN, China, Nov. 14, 2026 /PRNewswire/ — As generative AI changes how images are made, one question grows more urgent: what still belongs to the human behind the lens? On November 11, Shenzhen International Art Museum and SmallRig, the imaging-gear brand built for creators, took up that question together by hosting an international exchange on how art and technology ecosystems are being reshaped in the AI era.

The conversation brought together leaders of Chinese art museums, Anett Holzheid, senior curator at Germany’s ZKM Center for Art and Media Karlsruhe, artists and SmallRig co-founder Gao Haiyan.

Zhang Zikang, director of Shenzhen International Art Museum and professor at the Central Academy of Fine Arts, said art and technology are a key direction for the museum, rooted in Shenzhen’s tech environment. Wang Shaoqiang, director of the Guangdong Museum of Art, described using AI to produce short films about classic works, which cut cost and production time, yet stressed that art must return to personal growth, understanding of the world and the expression of Eastern aesthetics. Holzheid views exhibitions as shared ground for artists, audiences and curators, and sees AI widening perception and enabling collaboration across disciplines.

Zadok Ben-David used AI to explore bird forms for an installation, repeatedly refined the images and selected some for the work, determined that it retain an artist’s character, emotion and humanity. A photographer set an AI-generated lightning strike against a desert he had photographed himself, gaining new ideas but noting that generated imagery tends toward sameness, while real presence at a scene cannot be substituted. Spatial artist Feng Yu championed honesty of material, where imperfection and unplanned outcomes can carry sincerity.

Speaking for SmallRig, Gao noted that technology has opened imaging to everyone, but “AI cannot replace real-life experiences or the act of capturing them.” AI can be an efficient, enabling creative tool, he said, but it cannot meet the human need for real images.

In SmallRig’s view, technology helps more people express what is real, while art and creator’s real needs give innovation its direction. The company will therefore move closer to creative scenes and the creators themselves, developing solutions faster for people who make real images.

After the forum, guests visited SmallRig’s headquarters to unveil Ode to the Orchid, an installation co-created with Feng Yu and the first of his works placed in a corporate workplace. Instead of sponsoring an exhibition or releasing a co-branded product, SmallRig placed art in everyday spaces, so people meet it in passing rather than behind museum walls.

Gao said companies often move from manufacturing to technology, while SmallRig also wants to merge with art and creativity. The space is only the surface. The real aim is an open, diverse, inclusive and creative culture, and a lasting bond with creators built on shared taste. SmallRig will keep working with artists, exploring art IP and cultural products, and linking products, content and services into one ecosystem. More activities to support creators are also on the way, bringing the meeting of technology and art into everyday creative practice. Real images remain where SmallRig starts, and where it hopes to innovate alongside creators.

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/smallrig-joins-art-world-figures-to-discuss-creativity-and-authenticity-in-the-ai-eraand-how-art-and-technology-can-drive-innovation-302938911.html

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