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QANDA Opens First U.S. Office to Support Expansion of Their US Product, Cramify

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2 years ago

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BERKELEY, Calif., Sept. 9, 2024 /PRNewswire/ — Mathpresso, the operator of Asia’s leading learning app QANDA, announced today the opening of its first U.S. office in Berkeley, California. This strategic move coincides with the burgeoning presence of their new U.S.-targeted product, Cramify, as the company aims to accelerate its growth in the North American market.

Launched in March, Cramify is a generative AI-powered study tool designed to enhance exam and coursework preparation. Leveraging QANDA’s core engine, Cramify allows students to upload their study materials and receive a comprehensive preparation package tailored to their exam needs. The platform offers two key features: the Study Summarizer, which condenses key content, and the Question Solver, which provides instant solutions based on the students’ own course materials. Cramify, available through a monthly subscription, has its strongest user base among university students in the United States and is currently used in over 30 countries. Since its launch, the platform has achieved 360% growth in signups within two months.

“The establishment of our new U.S. office underscores our commitment to fostering personalized education and innovation in North America’s tech and academic epicenter,” said Jake Yongjae Lee, CEO and co-founder of Mathpresso.

Cramify is Mathpresso’s first U.S.-targeted product, created by the powerhouse behind Asia’s top learning app, QANDA. Leveraging state-of-the-art optical character recognition (OCR) and large language model (LLM) technologies, QANDA recognizes text and mathematical equations from photos, providing detailed solutions and customized content. This approach has created a self-enforcing data flywheel, driving significant global traffic, particularly in Asia. Since its launch, QANDA has amassed over 95 million registered users across more than 50 countries, with 90% of its user base located outside Korea, with predominant clusters in Japan, Vietnam, Indonesia, and Thailand. Every day, approximately 4 million photos are uploaded on QANDA worldwide.

In January, Mathpresso leveraged its exclusive datasets to develop MathGPT, a math-specific large language model that set world records in various mathematical benchmarks last December.

To date, the company has raised $130 million from investors, including Google, ByteDance, Samsung Ventures, SBVA, Goodwater, and GGV Capital. Mathpresso has also been recognized twice as ‘Top 100 Gen AI Consumer Apps of a16z (Andreessen Horowitz),’ becoming the first Korean edtech service to be listed. The company now operates five overseas offices in Korea, Japan, Vietnam, Indonesia, and the U.S.

About QANDA(Mathpresso)
Seoul-based edtech startup Mathpresso(QANDA) operates the AI-powered learning platform, QANDA. The app has gained 10 million monthly active users globally including South Korea, Japan, Thailand, Indonesia and Vietnam. Leveraging QANDA’s vast database and traffic, Mathpresso plans to integrate its LLM-based AI tutor into its vertical services, including QANDA Tutor for tablet-based individual tutoring, and QANDA B2B & B2G SaaS, ensuring a deeply personalized educational experience for all students. Since 2015, Mathpresso has secured investments from Google, ByteDance, Samsung Venture Investment, and SBVA.

About Cramify
At Cramify, we believe in redefining how students approach studying. As a web-based platform, we transform the college experience by providing personalized study materials tailored specifically for exams. Our goal is to create a clear, focused path that allows students to concentrate on their academics without feeling overwhelmed by other commitments. We believe studying should be both meaningful and efficient, ensuring that students not only excel in their exams but also enhance their overall learning experience with Cramify, making the most of their time and effort.

View original content:https://www.prnewswire.com/news-releases/qanda-opens-first-us-office-to-support-expansion-of-their-us-product-cramify-302240476.html

SOURCE Mathpresso

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STEPHEN A. SMITH ADDRESSES WHITE HOUSE DINNER ATTENDANCE, REAFFIRMS COMMITMENT TO HBCUs AND PROTECTING CORPORATE INVESTMENT IN BLACK EDUCATION

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27 minutes ago

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October 24, 2026

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NEW YORK, Oct. 23, 2026 /PRNewswire/ — Stephen A. Smith, media mogul, New York Times bestselling author, and proud 1991 graduate of Winston-Salem State University, is addressing the public discussion surrounding his decision to attend a White House dinner with President Donald Trump, emphasizing his commitment to the long-term financial stability of Historically Black Colleges and Universities (HBCUs).

For Smith, the decision was rooted in a commitment to institutions that have educated generations of Black leaders, professionals, entrepreneurs, and public servants.

“I will always advocate for HBCUs and the students whose futures depend on them,” Smith said. “My reason for attending the White House dinner was to discuss the challenges these institutions face in securing long-term funding and to make the case that corporate America must continue to invest in them.”

Smith acknowledged federal support through the FUTURE Act while expressing concern that political tensions surrounding diversity, equity, and inclusion (DEI) could discourage private companies from supporting HBCUs. He maintains that these institutions deserve sustained corporate partnerships, philanthropic contributions, and public investment.

“If we truly believe in free-market capitalism, businesses should be able to support educational institutions and charitable causes without fear of criticism or repercussions,” Smith said. “HBCUs have made extraordinary contributions to this country. They deserve sustained public and private investment.”

Ashley Christopher, Esq., Founder and CEO of the HBCU Week Foundation, recognized Smith’s advocacy and decision to engage with the administration.

“Stephen A. Smith has been a powerful advocate for HBCUs, using his platform and influence to shine a national spotlight on our institutions,” expressed Christopher, “His continued support of HBCU Week helps advance our mission of connecting students with life-changing educational opportunities, and we are proud to have him as our ambassador.”

Since Smith became an HBCU Week Ambassador in 2019, the initiative has facilitated more than 15,000 on-the-spot college acceptances and raised and awarded more than $150 million in scholarships, according to the HBCU Week Foundation.

As public discussion continues, Smith is emphasizing the importance of ensuring HBCUs have the resources and partnerships needed to educate future generations and expand opportunities for students.

CLICK HERE to watch Smith’s full response to his White House visit.

MEDIA CONTACT:

media@mrsasinc.com

View original content:https://www.prnewswire.com/news-releases/stephen-a-smith-addresses-white-house-dinner-attendance-reaffirms-commitment-to-hbcus-and-protecting-corporate-investment-in-black-education-302918547.html

SOURCE Straight Shooter Media

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Advantex Announces Completion of Financing and Extension of Maturity Date of Previously Issued Debentures

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27 minutes ago

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October 24, 2026

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TORONTO, Oct. 23, 2026 /CNW/ — Advantex Marketing International Inc. (CSE: ADX) (“Advantex”), a leader in the merchant cash advance and loyalty marketing products for merchants, today announced the completion of a $250,000 secured debt financing. Advantex issued a $250,000 non-convertible debenture which bears an interest rate at 12% per annum and matures December 15, 2027. The proceeds raised from this issuance of the Debenture will be used for working capital purposes.

Advantex has also extended the maturity of its existing $700,000 in 12% secured debentures from October 10, 2026 to December 15, 2027.

About Advantex Marketing International Inc.

Advantex provides working capital to merchants. Advantex also provides specialized marketing programs that enable members of Aeroplan to earn Aeroplan points at participating merchants.

Advantex shares trade on the Canadian Securities Exchange under the symbol ADX. For more information go to Advantex’s profile on www.sedar.com

Forward-Looking Information

This news release contains “forward-looking statements” within the meaning of applicable securities laws relating to the future business and operations of Advantex. Actual results and developments may differ materially from those contemplated by these statements. The business and operations of Advantex described herein is dependent on a number of factors and is subject to a number of risks and uncertainties. Factors that could cause actual results to differ material include, but are not limited to, changes in Advantex’s economic and competitive conditions including but not limited to the industry sectors in which Advantex operates.

The statements in this news release are made of the date of this release. Forward-looking statements are made based on management’s beliefs, estimates and opinions on the date the statements are made and Advantex undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change, except as required by applicable law.

SOURCE Advantex Marketing International Inc.

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Club Offers for Travel Enthusiasts in Canada

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1 hour ago

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October 23, 2026

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TORONTO, Oct 23, 2026 /PRNewswire/ — Travelzoo® (NASDAQ: TZOO), the club for travel enthusiasts, announces three of many new Club Offers for Club Members in Canada.

Rigorously vetted and negotiated for us travel enthusiasts:

$799—COSTA RICA WEEK WITH FLIGHTS & CAR
We think fall is an ideal time to visit Costa Rica; the scenery is lush and the crowds are gone. Drive between volcanic Arenal and the idyllic beaches of Tamarindo on this seven-night trip. Since it’s not as busy, we were able to negotiate a price that saves members up to $648 on departures through mid-December.

$899—BARCELONA: 5 NIGHTS WITH FLIGHTS
Explore Barcelona’s world-class museums and architectural masterpieces in the quieter winter months to pack more into your trip. You won’t waste hours in lines and can access top restaurants that are fully booked in summer. We save $300 on travel this January and February, when temperatures are still spring-like. Roundtrip flights from Toronto, hotel and daily breakfast are included.

$999—ST. KITTS GETAWAY FOR 2, REG. $2083
Most visitors to St. Kitts book months in advance, but when we pointed out that travel enthusiasts are more spontaneous, this resort gave us a terrific rate for stays this November and December. Spend four nights in Frigate Bay and get an upgraded Oceanview room, too.

Are you a travel enthusiast? Join the club today: https://travelzoo.com

Who are we?
We, Travelzoo®, are the club for travel enthusiasts. We reach 30 million travellers. Club Members receive Club Offers negotiated and rigorously vetted by our deal experts around the globe. Our relationships with thousands of top travel companies give us access to irresistible deals. Our club and its benefits are built around the lifestyle of a modern travel enthusiast.

Media Contact: 
Amanda Ieraci – Toronto
+1 437 866 8540
aieraci@travelzoo.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/club-offers-for-travel-enthusiasts-in-canada-302918543.html

SOURCE Travelzoo

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