Robert Ronning Shares Excitement over Letter of Intent from Victory Square Technologies

The LOI comes as PayVida is preparing to become a publicly traded entity

Vancouver, British Columbia - June 13, 2018 /MarketersMedia/ —

Co-founder of the blockchain-based payment processor PayVida Robert Ronning is sharing the news that Victory Square Technologies (“Victory Square”) plans on acquiring 33% of the company within the year. “We had multiple offers, a lot of people who wanted to lead the private placement. We are certainly honored to enter into an agreement with such a great company as Victory Square, and this partnership will definitely shape our future,” Robert Ronning commented.

The LOI comes as PayVida is preparing to become a publicly traded entity, with expectations of this happening in the early part of 2018. The support of Victory Square will allow the Vancouver-based enterprise to advance its mission of revolutionizing the Canadian payment processing industry. Starting with the premise that simplicity, affordability, and transparency are the key attributes of this service, PayVida has quickly progressed to the point where its technology and the expertise of its team have empowered the creation of an innovative, highly differentiated offering. With a keen sense of ethics and a focus on the morality side of payment processing, the company takes pride in being the first Canadian provider to eliminate the onus of contracts and discard cancellation fees while offering the benefits of next-day funding and a price lock guarantee. “The entire blueprint and DNA of what we built from day one rests on the notion of no contracts and no cancellation fees. We have the industry’s most transparent pricing, and we do not charge a monthly minimum,” as noted by Ronning.

Established in 2012 and headquartered in Vancouver, British Columbia, Victory Square is the ideal partner for PayVida given its focus on entrepreneurs with game-changing ideas. Businesses supported by the blockchain-focused venture builder obtain access to educational programs, global mentorship networks, distribution partners, creative workspaces, resources, and operational support in various other fields. Victory Square selects ventures with a potential for greatness and helps them build scale internationally. To date, it has changed the fortunes of more than 1,000 entrepreneurs and supported over 500 startups, assisting them in raising more than $100 million in combined funding. Its network partners include leading accelerators such as Y Combinator, 500 Startups, Techstars, and Launch Academy. The portfolio built by Victory Squareis a testament to the forward-thinking approach of the leadership team led by CEO Shafin Diamond Tejani. The company is investing in all the technologies that are disrupting economic sectors: artificial intelligence, virtual/augmented/mixed reality, and blockchain. In 2017, Victory Square became a member of the Blockchain Investors Consortium (BIC) – an organization dedicated to identifying global investment opportunities in the digital assets category.

Robert Ronning co-founded Dominion Card Services in 2012 and led it for ten months, using this time to refine the vision for his next venture. The financial services technology provider he launched early in 2013, PayVida Solutions is on a mission “to rebuild the payment industry from the ground up” and radically change the way businesses get paid. PayVida aims to spearhead the creation of a healthier marketplace by offering ethical and affordable payment processing solutions to business owners and entrepreneurs.

Robert Ronning - Co-founder of PayVida Solutions: http://robertronningnews.com

Robert Ronning - Crunchbase: https://www.crunchbase.com/person/robert-ronning

Robert Ronning - Facebook: https://www.facebook.com/robertronning1

Contact Info:
Name: RRN
Email: contact@robertronningnews.com
Organization: RobertRonningNews.com

Source URL: https://marketersmedia.com/robert-ronning-shares-excitement-over-letter-of-intent-from-victory-square-technologies/359884

For more information, please visit http://www.robertronningnews.com

Source: MarketersMedia

Release ID: 359884

Latest News

Toxic tanneries forced to move pollute new Bangladesh site

Jul 16, 2018

SAVAR, Bangladesh — Bangladesh tanneries prepping leather for shoes, belts, wallets and purses are dumping toxic chemicals into a river at a new industrial complex more than a year after the government shut them down for poisoning a different river and using child labor. "It's killing the river. The color of the water has changed," Abdus Shakur, a local resident who works as a day laborer, told The Associated Press last week. "I have been living here for decades and the condition of the river has changed dramatically over the last year." Turning cow hides into soft, hair-free leather can...

Out of the shadows: Rohingya rape survivors' babies arrive

Jul 16, 2018

UKHIYA, Bangladesh — Tucked away in the shadows of her family's bamboo shelter, the girl hid from the world. She was 13, and she was petrified. Two months earlier, soldiers had broken into her home back in Myanmar and raped her, an attack that drove her and her terrified family over the border to Bangladesh. Ever since, she had waited for her period to arrive. Gradually, she came to realize that it would not. For the girl, a Rohingya Muslim who agreed to be identified by her first initial, A, the pregnancy was a prison she was desperate to escape....

India asks WhatsApp to prevent misuse after mob killings

Jul 16, 2018

NEW DELHI — India's government says it has asked WhatsApp to take "immediate action" to prevent the social media platform from being misused to spread rumors and irresponsible statements like those blamed for recent deadly mob attacks in the country. At least 20 people have been killed in mostly rural villages in several Indian states in attacks by mobs that had been inflamed by social media. Victims were accused in the viral messages of belonging to gangs trying to abduct children. The brutal attacks, which began in early May, have also left dozens of people injured. Although Indian authorities have...

Overcrowded bus plunges into gorge in India, killing 48

Jul 16, 2018

LUCKNOW, India — At least 48 people were killed on Sunday when an overcrowded bus plunged off a mountain road into a gorge in northern India, officials said. Chief Minister of Uttarakhand state Trivendra Rawat said the bus fell into a 213-meter- (700-foot-) deep gorge in the Himalayan foothills. He said about a dozen other people were injured and hospitalized. Police official Manoj Kumar said rescuers recovered 48 bodies from the accident site. "People were packed like sardines," said another police officer, Jagat Ram Joshi. He said at least seven of the injured were in critical condition. Earlier, rescue and...

Austrian mountaineer dies in avalanche on Pakistan mountain

Jul 16, 2018

ISLAMABAD — One member of a three-man mountaineering expedition has died in an avalanche on a more than 7,000-meter (7,658-yard) high peak in northern Pakistan, officials said Saturday. Karrar Haidri, secretary of Alpine Club of Pakistan, said Austrian mountaineer Christian Huber was killed when an avalanche hit the climbers' tent Friday night during a strong storm at a height of 5,900 meters (6,455 yards) on Ultar Sar Peak in the Hunza Valley. Officials said the other two mountaineers in the group, Britons Bruce Normand and Timothy Miller, suffered injuries but were safe and helicopters were being sent to rescue them....

Search
Broaden News

Sign up now!

Recent Discovery will take you to the captivating developments in science, technology, and the universe around us. We deliver to you the latest news, theories, and developments in the world of science.

Contact us: sales[at]recentdiscovery.com