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Kamet Capital Accelerates Growth with Transformative Investments Uniquely Sourced and Accessed Through Founders Network

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SINGAPORE, Sept. 10, 2024 /PRNewswire/ — Kamet Capital (“Kamet”), a leading multi-single-family office headquartered in Singapore, has revolutionised its private investments selection by leveraging deeply on its extensive Founders Network, roots as a family office, large GP network, and access to individuals with deep industry expertise.

Since 2018, Kamet has meticulously curated a selective portfolio of over 20 hard-to-access private deals. Despite a harsh private investment winter over the last two years that affected valuations and proved challenging for fund-raising and exits, Kamet’s investments yielded returns of up to 8x, with an impressive 70% exit rate within just six years.

The Kamet Edge: The Founders Network

Kamet’s investment formula for private investment is “Deep Insights, Access to Deals, Ability to Invest”. At the heart of Kamet’s success lies the Founders Network, an exclusive alliance of industry titans that do not just open doors – they create them. By melding deep sector knowledge, expertise, and extensive business connections, the Founders Network has greatly enhanced Kamet’s ability to source unique deals and secure preferential access to high-impact investments. Beyond capital, the Founders Network provides mentorship and strategic guidance to promising start-ups, positioning them for growth and market leadership.

In addition to this unique access via the Founders Network, Kamet’s investment philosophy centres on a deep understanding of business models, securing preferential access to company information via board seats and leadership on the cap table and closing transactions quickly and precisely.

Global Impact, Local Expertise

Focused on high-growth sectors across North America, China, and Southeast Asia (SEA), Kamet looks to invest in disruptors who can be future global champions in the tech, healthcare, and consumer sectors. By leveraging deep local knowledge and international trends, Kamet seeks to identify disruptive technologies and opportunities others overlook, with a proven track record of backing future market leaders. With a preference for investing in tech-enabled businesses established by founders and platforms or with major investors from technology backgrounds, Kamet looks to invest in companies and shape tomorrow’s industries. From their investments into China’s largest online recruitment platform to SEA’s digital health pioneers and North America’s cloud revolution, Kamet’s investments are redrawing the innovation map across continents.

Technology:

China’s Online Recruitment Star: Kanzhun Limited (BOSS Zhipin) [Deal exited via IPO]

Kamet invested in Kanzhun Limited, creator of the BOSS Zhipin platform, China’s largest online recruitment platform. Focused on simplifying the online job search with its proprietary software and its AI (Artificial Intelligence) enabled insights, Kanzhun’s services would be critical in the reflation and recovery of China’s economy.   

US Disruptor: Pax8’s Meteoric Rise

Revolutionising the Managed Service Provider (MSP) space through AI capabilities and SaaS, Pax8 facilitates a seamless outreach for small- and medium-sized businesses to catch up with new technology trends while strengthening vendor relationships with enterprise software giants.

Healthcare:

SEA Healthcare Champion: Doctor Anywhere

One of Kamet’s standout investments in the region, Doctor Anywhere (DA), capitalised on the growing demand for healthcare solutions in a rapidly evolving region. Kamet was the earliest investor in DA and provided significant mentorship via its Founders Network to DA’s board and founder. Over the last six years, Kamet witnessed the financial growth of the company and followed through on six more follow-on investment funding rounds, with many other institutional partners now brought onto the cap table.  

India’s Trophy Dialysis Provider: Nephroplus [Deal exited via primary and secondary sale]

Kamet invested in Nephroplus after thorough due diligence and assessment of India’s local macroeconomic environment, significant demand for dialysis treatment in the region, an already established footprint from the company, and strong financial support from a GP that Kamet partners with. Despite a significant correction in India’s PE space (with 2023 deal counts way below 2020 levels, smaller cheque sizes for individual deals, and deal values falling by 35% from 2022 to 2023), Kamet was able to exit with a strong multiple on its only investment in India. It underscores Kamet’s capabilities in deal selection and gaining deal access.

 Consumer:

A Hidden Gem Unveiled: J&T Express’ Remarkable Journey [Deal exited via IPO]

Kamet invested in this global logistics service provider business at an opportune time when e-commerce businesses were taking off in SEA. While most investors then were negative about a China-gene logistic start-up in Indonesia, Kamet was identified this unique opportunity through their deep local knowledge in both China and SEA. Their early investment in J&T Express paid off when the firm went public on the Hong Kong Stock Exchange in October 2023 (the second-largest IPO on HKSE since 2022).

Next Generation’s Jewel: KKV

A popular lifestyle store from China that has successfully expanded into the shores of SEA (Indonesia, Malaysia) in an explosive wave, KKV has redefined the retail platform bridging next-generation new consumers with new speciality brands. Through experiential shopping experiences facilitated through tech-driven operations and inventory management, KKV has proven its ability to scale further through new store expansions within China and overseas.

Charting the Future of Investments

As Kamet continues to push the boundaries of strategic investment, the firm remains committed to identifying the next wave of transformative technologies and business models. With its finger on the pulse of innovation across three dynamic regions, Kamet has set its sights on shaping the future of industries ranging from healthcare and logistics to cloud computing and beyond.

“At Kamet, we don’t just invest in companies – we invest in the future,” declares Kerry Goh, Kamet Capital’s Founder, CEO and CIO. “Our global perspective, coupled with our deep local insights, allows us to spot and nurture the disruptors of tomorrow. We’re not content with following trends; we aim to create them.”

To learn more about how Kamet Capital is reshaping the investment landscape and to explore potential partnerships, visit https://kametcapital.com/

About Kamet Capital

Kamet Capital is a leading wealth management firm headquartered in Singapore, pioneering the multi-single-family office model in Asia. Founded in 2017, Kamet Capital is dedicated to serving ultra-high-net-worth families and individuals with a comprehensive suite of services that include investment management, wealth planning, international mobility solutions, household management, administrative support, and philanthropy. Our innovative approach combines the personalised attention of a single-family office with the robust capabilities and efficiencies of a multi-family office to cater to the dynamic needs of affluent families and founders across Asia. With a commitment to excellence and innovation, Kamet Capital continues to shape the future of the family office sector, providing unparalleled support and strategic solutions to ensure the prosperity and growth of our clients’ legacies.

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SOURCE Kamet Capital

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Safetyfirst Systems, LLC Provides Notice of Data Security Event

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PARSIPPANY, N.J., July 23, 2026 /PRNewswire/ — Safetyfirst Systems, LLC (“SFS”) is providing notice of a data security event that may involve information relating to certain individuals. While SFS is not aware of any misuse of information associated with this event, it is providing notice to potentially affected individuals out of an abundance of caution.

On January 19, 2026, SFS identified suspicious activity involving a limited portion of its server environment. Upon discovering the activity, SFS quickly took steps to secure its systems, notified federal law enforcement, engaged leading third-party forensic specialists, and performed a detailed investigation into the nature, scope, and impact of the activity. The investigation determined that an unauthorized actor accessed and/or acquired certain files from limited SFS systems between January 16, 2026, and January 19, 2026. SFS then conducted a comprehensive review of the affected files to determine what information may have been involved and identify the individuals to whom the information relates. The review has recently concluded, and SFS is providing this notification to potentially impacted individuals out of an abundance of caution. Although the types of information vary by individual, the affected information may include names, Social Security numbers, and driver’s license numbers.

Protecting the privacy and security of the information entrusted to SFS is a responsibility the company takes very seriously. In response to this event, SFS promptly strengthened security measures, continues to enhance its technical safeguards and monitoring capabilities, and is reviewing existing policies and procedures to further protect against similar incidents in the future. SFS is also providing notice to potentially affected individuals and, where required, appropriate regulatory authorities.

Although SFS is unaware of any misuse of personal information impacted by this event, individuals are encouraged to remain vigilant against events of identity theft by reviewing account statements, explanation of benefits, and monitoring free credit reports for suspicious activity and to detect errors. Any suspicious activity should be reported to the appropriate insurance company, health care provider, or financial institution.

Individuals seeking additional information regarding this event can contact SFS’s dedicated assistance line at 1-833-289-5523 between the hours of 7:00 a.m. to 7:00 p.m. Eastern time, Monday through Friday, excluding holidays. Individuals may also write to SFS at PO Box 101, 3299 US Highway 46, Parsippany, NJ 07054-9998.

 

View original content:https://www.prnewswire.com/news-releases/safetyfirst-systems-llc-provides-notice-of-data-security-event-302831894.html

SOURCE Safetyfirst Systems, LLC

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Sunrate and Mastercard Release White Paper on Agentic AI and the Future of B2B Global Payments

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SHANGHAI, July 24, 2026 /PRNewswire/ — Sunrate, the global payment and treasury management platform, and Mastercard, a global technology company in the payments industry, unveiled a joint white paper, Beyond Automation: Defining Agentic Global Payments, at the 2026 World Artificial Intelligence Conference (WAIC).

Among the first reports in the payments industry to examine the impact of Agentic AI on B2B cross-border payments, the white paper provides a comprehensive framework for understanding how AI agents are reshaping enterprise payment operations. It proposes that cross-border payments are evolving beyond digitisation and automation into a new stage: Autonomy—where AI agents with reasoning, planning, and execution capabilities can independently orchestrate and optimise end-to-end payment and treasury workflows within defined governance frameworks.

As businesses expand across borders, B2B cross-border payments continue to be constrained by fragmented workflows, disconnected systems, foreign exchange inefficiencies, rising compliance requirements, and complex reconciliation processes. While traditional automation improves individual tasks, the white paper demonstrates that Agentic AI represents a fundamental shift by enabling intelligent agents to coordinate entire payment journeys across systems, counterparties, and approval workflows.

Drawing on Sunrate’s global payment infrastructure and AI-native product capabilities, together with Mastercard’s expertise in secure payment networks and data intelligence, the white paper defines Agentic Global Payments — a new category of AI-native global payment infrastructure built to automate and manage complex enterprise workflows.

The report identifies 16 major pain points across the B2B payment lifecycle and outlines 13 high-value AI use cases spanning supplier onboarding, accounts payable and receivable, virtual commercial cards, payment routing, foreign exchange management, compliance screening, fraud detection, reconciliation, and conversational operational support. It also demonstrates how AI agents can automate complex workflows—from extracting information across multiple document formats and conducting compliance checks to initiating payments, optimising FX execution, and completing reconciliation—while operating within enterprise governance and control frameworks.

The white paper further highlights that trusted adoption of agentic payments depends on more than technological capability. It identifies governance, transparency, security, and ecosystem collaboration as essential foundations for enterprise deployment, supported by frameworks such as Know Your Agent (KYA), payment tokenisation, auditability, and cross-industry interoperability.

Sunrate.AI portfolio currently includes the Payment Agent, FX Agent, Compliance Agent, Onboarding Agent, and Chat Agent, designed to help enterprises automate and optimise critical payment and treasury processes while maintaining compliance and operational control.

Mastercard has also been actively building the foundations for trusted agentic commerce – combining AI capabilities with verifiable authorisation, clear accountability and proven payments security. Its work in this area, including Agent Pay (alongside Agent Pay for Machines) and Verifiable Intent, are proof points in how Mastercard is enabling AI to participate in commerce safely and transparently. 

“Our mission is to make global payments seamless, compliant, and intelligent,” said Paul Meng, Co-founder and CEO of Sunrate. “As businesses continue expanding internationally, AI agents will fundamentally reshape how enterprises manage global payments—enabling smoother capital flows, reducing operational friction, and embedding real-time intelligence into every payment decision. This white paper represents an important step in helping the industry understand how Agentic AI can be deployed responsibly at enterprise scale.”

“Agentic commerce is changing how businesses make and execute payment decisions, but speed without accountability creates new categories of risk,” said Anouska Ladds, Executive Vice President, Commercial & New Payment Flows, Asia Pacific, Mastercard. “As AI starts to act on behalf of businesses, autonomous payment decisions need a clear, auditable chain of identity, intent and action. That’s what allows organisations to delegate with genuine confidence — and what will determine whether agentic commerce scales past pilots.”

Released under WAIC 2026’s theme, “Intelligent Partners, Co-creating the Future,” the white paper provides business leaders with practical guidance on adopting AI-driven payment capabilities, covering implementation approaches, governance considerations, and real-world enterprise applications.

By combining Sunrate’s expertise in global payments and treasury management with Mastercard’s trusted payment infrastructure and network capabilities, the collaboration reflects a shared commitment to accelerating the next generation of intelligent, secure, and autonomous B2B global payments.

Click here to check the white paper.

About Sunrate

Sunrate is a leading global payment and treasury management platform for businesses worldwide. Founded in 2016, Sunrate has enabled companies to operate and scale both locally and globally in 190+ countries and regions with its cutting-edge infrastructure, global network, and unified solutions.

Sunrate operates through offices across key markets, including Singapore, Kuala Lumpur, Jakarta, Hong Kong, Shanghai, and London. The company partners with the top global financial institutions, such as Citibank, Standard Chartered, Barclays, J.P. Morgan. Sunrate is also the principal member of Mastercard and Visa. To learn more about Sunrate, visit https://www.sunrate.com/.

About Mastercard

Mastercard powers economies and empowers people in 200+ countries and territories worldwide. Together with our customers, we’re building a resilient economy where everyone can prosper. We support a wide range of digital payments choices, making transactions secure, simple, smart and accessible. Our technology and innovation, partnerships and networks combine to deliver a unique set of products and services that help people, businesses and governments realize their greatest potential. 

www.mastercard.com

SOURCE Sunrate

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JAMS Launches AI for Enterprise Job Scheduling: JAX and JAMS MCP

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A new AI agent and an open-standard connector let IT teams query, diagnose, and manage automation in plain language, on the model they choose, with operational data able to stay onshore inside their own network

SYDNEY, July 24, 2026 /PRNewswire/ — JAMS Software, an orchestration solution for scheduled and event-driven automation, today announced the general availability of two AI capabilities for enterprise job scheduling: JAX, an AI agent built into the JAMS Web Client, and JAMS MCP, a connector built on the open Model Context Protocol standard that brings JAMS into external AI coding tools. Both capabilities ship at no additional cost as part of JAMS Web.

Automation environments grow faster than the teams that run them. Jobs multiply across SQL Server, Azure Data Factory, Airflow, SAP, JDE, and Banner, and when one fails, finding the root cause often means searching several consoles at once, frequently outside business hours. At the same time, IT leaders carry pressure to adopt AI while staying accountable for where operational data goes. JAX and JAMS MCP close both gaps together.

Full details on how JAX and JAMS MCP work, including the control model behind every action, are available at jamsscheduler.com/product/ai.

JAX is an AI agent that runs inside the JAMS Web Client. It finds jobs, troubleshoots failures, and answers how-to questions in plain language, with each response grounded in the JAMS user guide and checked against a built-in glossary. JAX acts only when a user asks it to. Reads flow freely, and every write action pauses for the user’s explicit approval before it runs. JAX does not learn between sessions, and conversations are not retained on the server.

JAMS MCP is a connector, built on the open Model Context Protocol standard, that brings JAMS into the AI tools engineering teams already use, including Cursor, VS Code with Copilot, Claude Code, Claude Desktop, and Codex. Users query jobs, investigate failures, and manage runs in plain language without leaving their tool.

Both capabilities run inside the customer’s own network and act as the signed-in user, with that user’s exact JAMS permissions. There is no elevated AI account: whatever a user cannot do in the JAMS interface, JAX and JAMS MCP cannot do on that user’s behalf. Every JAX and MCP operation is recorded in its own dedicated log, and changes made through the JAMS API land in the JAMS audit trail like any other change. Customers choose their own AI model, whether a commercial provider such as OpenAI or Anthropic or a model running entirely on their own hardware, and JAMS never trains on customer data. In the current release, neither feature edits or deletes a job, folder, schedule, or agent definition. For teams that need operational data to stay onshore, JAX runs on a local model entirely inside the customer’s own network, so nothing leaves at all.

“Adopting AI usually means giving something up, most often visibility into where your data goes,” said Pete Hegland, Chief Executive Officer of JAMS Software. “We built JAX and JAMS MCP so that trade does not have to happen. Every action runs as the signed-in user, every change waits for approval, and the model can run on the customer’s own hardware, keeping operational data onshore.”

“For teams across Australia, New Zealand, and Singapore, two things matter: keeping data onshore, and getting answers when a job fails after hours,” said Shayne Cooper, Account Executive for APAC at JAMS Software. “JAX and JAMS MCP address both. The model can run on the customer’s own hardware, and the answer arrives in plain language at the moment it is needed.”

JAX and JAMS MCP are available now to all JAMS Web customers across Australia, New Zealand, and Singapore, with no separate licence, SKU, or additional cost. AI-assisted creation of new jobs and workflows from a plain-language description is on the roadmap for a future release, gated by the same approvals and permissions as every other action.

Learn how JAX and JAMS MCP work at https://jamsscheduler.com/product/ai.

Fast facts

JAX is an AI agent built into the JAMS Web Client for job scheduling and workflow automation.JAMS MCP is a connector built on the open Model Context Protocol standard, for Cursor, VS Code with Copilot, Claude Code, Claude Desktop, and Codex.Both act as the signed-in user, with that user’s exact JAMS permissions, and there is no elevated AI account.Customers choose the AI model, including a local model that runs entirely inside their own network.JAMS never trains on customer data.Both are available now at no additional cost as part of JAMS Web.

About JAMS Software
Founded in 1987, JAMS Software is an orchestration solution that helps IT teams centralize, automate, and manage scheduled and event-driven jobs across complex, hybrid environments. Over 850 customers rely on JAMS to run their automated workloads. JAMS Software, LLC is headquartered at 108 Patriot Drive, Suite A, Middletown, DE 19709.

Media Contact
Bobby Schmidt, Vice President of Marketing
press@jamssoftware.com
800.261.4267

 

 

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View original content:https://www.prnewswire.com/apac/news-releases/jams-launches-ai-for-enterprise-job-scheduling-jax-and-jams-mcp-302833800.html

SOURCE JAMS Software

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