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GEMXX CORPORATION GIVES UPDATE AND ANNOUNCES FULL QUALIFICATION OF TIER 1 - FORM 1A REGISTRATION STATEMENT

GEMXX CORP.

McapMediaWire -- GEMXX CORPORATION (OTC: GEMZ ) $GEMZ (“the Company”), a leader in the Ammolite Gemstone Mine to Market Segment, gives an update and announces full qualification of Tier 1- Form 1A Registration Statement. The Company is highlighting recent significant achievements. First, as of January 31, 2023, the Company’s, Form 1-A to raise up to $6,000,000 USD at $0.40 per share pursuant to the Offering Statement is fully qualified https://www.otcmarkets.com/stock/GEMZ/disclosure Shareholders, investors, institutions and financiers interested in participating in the Reg A Financing are encouraged to visit http://www.gemxx.com/invest or contact company officials for more information. “We are very pleased to announce GEMXX’s fully Qualified Form 1-A Offering Statement! The Company’s management team is excited to welcome new shareholders into the GEMXX family” stated Jay Maull, CEO of GEMXX Corporation. Second, the Company is engaging with several interested parties that wish to participate in the Regulation-A financing to fund the company’s growth plan, which includes Ammolite mining expansion, increased production to meet global demand, as well as diversification of its operations. “ By executing on our overall business plan, and investing in complimentary precious metal mining operations, the Company will be one step closer to being fully integrated from mine-to-market ” added Mr. Maull. Third, the Company’s mergers and acquisitions team, headed by Richard Clowater, are working to further stabilize the business through strategic partnerships and acquisitions. “ GEMXX is in discussions with several companies that support our philosophy - that through product and market diversification, the company will be resilient in any economic condition. The Company looks forward to announcing significant new relationships and acquisitions in the very near future” stated Mr. Clowater, VP Mergers, Acquisition and Business Development. ABOUT GEMXX CORPORATION GEMXX Corporation is a publicly traded, mine-to-market gemstone, gold and jewelry producer with global reach that owns mining resources, production facilities, and operating assets. GEMXX controls each stage of its production including gold mining, gemstone production, jewelry manufacturing and global distribution. GEMXX is a producer of top quality finished Ammolite and Ammolite jewelry. The company’s world class gemstone cutters and jewelry designers are continuously leading the Ammolite industry in new and exciting directions. Our management team is made up of the industry's leading experts with a combined total of 160 years of Ammolite gemstone and jewelry business experience SAFE HARBOR STATEMENT This press release contains forward-looking statements that can be identified by terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Many forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results implied by such statements. These factors include, but are not limited to, our ability to continue to enhance our products and systems to address industry changes, our ability to expand our customer base and retain existing customers, our ability to effectively compete in our market segment, the lack of public information on our company, our ability to raise sufficient capital to fund our business, operations, our ability to continue as a going concern, and a limited public market for our common stock, among other risks. Many factors are difficult to predict accurately and are generally beyond the company's control. Forward-looking statements speak only as to the date they are made, and we do not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made. For more information, press only: GEMXX Corporation PR CONTACT: Jay Maull ir@gemxx.com www.gemxx.com Contact Details GEMXX CORPORATION Jay Maull ir@gemxx.com Company Website http://www.gemxx.com/

February 01, 2023 09:30 AM Eastern Standard Time

The Lip Bar Introduces First Ever Skincare Collection for All Skin Types

The Lip Bar

Developed with gentle skin in mind, vegan beauty brand The Lip Bar announces its groundbreaking expansion with TLB Skincare ($16 – $18). This collection is formulated with nourishing ingredients that cleanse, hydrate, and soothe to reveal naturally balanced, dewy skin. After two years of intentional and strategic development of the formulas, TLB Skincare is The Lip Bar’s first launch in the skin care category. Taking a trip to better skin, this collection is power packed with superfood ingredients such as Hyaluronic Acid, Reishi Mushroom, Blueberry Extract, which aids in improving hyperpigmentation and dark spots, moisture retention, and gently nourishes the skin. The collection includes four essential products that offer beauty lovers a gentle, simple, and effective routine, perfect for makeup prep and removal. With self-care at the forefront, TLB Skincare boasts skin nourishing ingredients that provide a natural defense against blue light exposure, improved skin elasticity, collagen stimulation, anti-inflammatory and antioxidant properties to hydrate and brighten skin - all at an affordable price point. “TLB is about celebrating, encouraging, and providing effortless solutions to women to bring ease to their routines, without compromise. The same is true for our skincare innovation. Every element of TLB Skincare was thoughtfully designed and developed to give women balanced skin easily through efficacious ingredients and gentle formulas. We want to take women on a skin trip through self-indulgent and gentle skin prep that doesn’t break the bank,” said The Lip Bar Founder and CEO Melissa Butler. TLB Skincare provides a simple yet effective routine that prepares your skin for an even better makeup routine. The Clean Up Gel Facial Cleanser reveals a fresh base, the Snap Back Skin Serum plumps the skin and improves pores and texture for a radiant glow, and the Dew Me Daily Moisturizer has a lightweight consistency, allowing for buildable makeup application to achieve an effortless look. In the evening, remove makeup using the Total Meltdown Makeup Remover Balm. TLB Skincare Collection includes: Total Meltdown Makeup Remover Balm, ($16.99; 1.4oz.): A cleansing balm that quickly dissolves into a silky oil to remove makeup and other impurities. Infused with Hyaluronic Acid, Mushroom Extracts, and Rosehip Oil, the balm deeply cleanses while leaving the skin feeling nourished. Clean Up Gel Facial Cleanser, ($16.99; 3.0oz.): A soothing gel cleanser that turns into a soft lather when mixed with water, and gently removes dirt without stripping the skin. Infused with Cranberry Extract, Upcycled Blueberry Oil, and Reishi Mushroom Extract to replenish cell moisture and improve skin elasticity. Snap Back Skin Serum, ($17.99; 1.0oz.): The gently formulated and fast absorbing serum is infused with nourishing Mushroom Extract and Hyaluronic Acid, reducing the appearance of wrinkles, and brightening the skin with antioxidants. Dew Me Moisturizer, ($16.99; 1.5oz): A Lightweight daily moisturizer that absorbs quickly into the skin, reducing dullness and without clogging pores. The hydration boosting formula is made with Upcycled Blueberry Oil, Hyaluronic Acid, and Reishi Mushroom Extract to help preserve collagen and improve hyperpigmentation to reveal healthy skin. About The Lip Bar TLB is a beauty brand started in the kitchen of Founder and CEO, Melissa Butler while working on Wall Street. Since her early days of developing formulations, The Lip Bar has become a pioneer on clean beauty and inclusion, proudly founded and owned by a self-made Woman of Color. Since its launch in 2012, Butler has been on a mission to change the way people think about beauty. Believing that all beauty brands have the capacity to represent all beauty lovers, while creating clean and exciting products. Contact Details The Lip Bar First and Last PR: Hellen Ongaro and Camille Gordon thelipbar@firstandlastpr.com Company Website https://thelipbar.com/

January 27, 2023 09:00 AM Eastern Standard Time

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America Is Behind In The Electric Vehicle Race - Here’s A Company Hoping To Change That

Eli Electric Vehicles

By Faith Ashmore, Benzinga Interested in investing in Eli Electric’s campaign? Click here to get started. While the global electric vehicle (EV) market is flourishing, the U.S. is trailing behind. In 2021, EVs made up approximately 14% of all new vehicles sold in Europe, and in China, EVs made up 9% of all sales. In some European countries, like Norway, EV sales make up well over 50% of cars sold. Comparatively, EVs only accounted for 4% of cars sold in the U.S. in 2021. There are a lot of contributing factors to why U.S. consumers are slower to adopt EV technology. Historically, relaxed U.S. regulation has led to lower gas prices in the states compared to countries across the Atlantic; in Europe, EVs can be looked at as an economically and environmentally-friendly purchase, an opinion that is relatively less common in the U.S. The U.S. is more dependent on vehicles than other western countries because of the relative lack of accessible and ample public transportation, even in some of the country's largest metropolitan areas. Then, there is the cultural attachment and loyalty to bigger vehicles. In the U.S., where preference is sometimes not based on purpose, 75% of truck owners in the U.S. use their truck for towing one time a year or less and 35% of truck owners use the bed of their trucks once a year or never. However, despite the U.S. showing less interest in the EV market than its European and Asian counterparts, the market is still growing. Even more interesting are projections for the micro-electric vehicle market. A micro vehicle is the smallest size of car available with three or four wheels and a smaller engine. Many micro vehicles are electric. Nearly 70% of the global population is projected to live in cities by 2050. While pickup trucks can be great for rural areas, there is a need for smaller cars and cars designed specifically for cities. In the U.S., 50% of daily trips are under 3 miles and 75% of all car trips are under 10 miles. Cities are where micro vehicles are taking off. The micro electric vehicle market is projected to reach $22.11 billion in 2029 with a compound annual growth rate of 12.7% between 2022-2029. In 2021, the industry was worth $8.32 billion. There is a growing demand for cars that fit one or two people and are designed for trips under 10 miles. The U.S. government is also making a more concerted effort to encourage EV expansion. President Joe Biden’s administration’s goal is to have 50% of all vehicles be electric by 2050 and is taking action to increase the amount of charging stations to 500,000 by 2030. The EV market in the U.S. likely needs innovators in the industry to shift public opinion toward EV enthusiasm. A Unique EV Model Specifically Designed For Cities Los Angeles-based company Eli Electric Vehicles has created a unique EV model designed specifically for cities, Eli ZERO. Eli ZERO is a neighborhood electric vehicle (NEV) and can be driven on any street in the U.S. with a speed limit of 35mph and lower. In cities like New York City, the Eli ZERO can be driven on 90% of the streets. The Eli ZERO model is less than half the size and 3 to 10x more energy efficient than a conventional car, according to the company. Their car starts at $11,999 and has a battery with a range of 45 to 90 miles. It is designed with cities and consumer needs in mind. The Eli ZERO reimagines micro vehicles by focusing on creating a vehicle that drastically reduces emissions while decongesting cities and communities. Eli Electric says it is already having success in European markets with more than 20 dealers and 3 distributors. The company has been certified street legal in the U.S. and is excited to expand its vision to a growing market. Eli Electric has the capacity to grow and currently has a partnership with OEM manufacturers allowing it to potentially produce over 15,000 units per year. The company is currently hosting another round of crowdfund raising to help meet the surging market and to expand sales in the U.S. It has a history of successful grassroots campaigning – the company has nearly 3,000 investors on board and during its first fundraising push, it raised $11 million and used the funds to produce Eli ZERO and launch sales in Europe. With the investment it is looking for, Eli Electric could be positioned to be a leader in the European and North American markets it operates in. Click here to read more about Eli Electric’s raise and how to invest. This article was originally published on Benzinga here. Eli Electric Vehicles is reimagining personal vehicles by creating advanced, efficient and affordable micro-EVs for daily short trips. Headquartered in California and Beijing, Eli aims to be the leader in electric transportation for short-range and high frequency trips. It’s flagship micro-EV, Eli ZERO, is a next generation personal vehicle that empowers riders to reconnect with their neighborhood and cities and ultimately reduce the congestion, inefficiency and pollution caused by oversized highway cars. This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. Contact Details Tim Zheng tim@eli.world Company Website https://www.eli.world/

January 26, 2023 08:30 AM Eastern Standard Time

AAPI-owned Skincare Brand Three Ships Beauty Receives B Corporation™ Certification

Three Ships Beauty

Three Ships Beauty – a Canadian-based effective, transparent, and natural skincare brand – today announces that it is B Corp™ Certified. Three Ships Beauty is joining the ranks as a business achieving the highest standards of social and environmental performance, accountability, and transparency and has now made a legal commitment to stakeholder governance by disclosing this record of performance. The B Impact assessment examines a company’s impact on its workers, community, environment, and customers. 50.9 is the median score for an ordinary business and a score of 80 qualifies for B Corp Certification. Three Ships Beauty scored an overall 98.8 impact score, furthering its commitment to sustainability. Three Ships Beauty is only 1 of 102 skincare brands and 301 beauty brands to achieve this certification globally. “Achieving a status of this rank is such an honor and a true testament to the commitment that Three Ships Beauty makes,” said Connie Lo, co-founder of Three Ships Beauty. “From ingredient sourcing, product development, and distribution, to recycling and waste management, we are always striving to remain the natural, effective, and transparent skincare solution for our consumers.” Three Ships Beauty’s sourcing transparency feature on its website allows consumers to track every ingredient in their product down to its source. In addition, the brand is committed to shifting to 100% plastic packaging designed to be reusable, recyclable, or compostable by 2025. “This certification not only represents a commitment for the brand but a commitment for us as founders as well,” said Laura Burget, co-founder of Three Ships Beauty. “Our products are an extension of our vision and goals here at Three Ships Beauty. In order to possess this rank, we must continue to put our planet, our employees, and our consumers first in everything we do. We are thrilled to be joining the ranks of this global recognition and we know that this is only the beginning of the ways in which we can strive to do better for our people and the planet.” With this certification, Three Ships Beauty looks forward to continuing its devotion to transparency, accountability, and sustainability. To learn more, please visit https://www.bcorporation.net/ThreeShips. For more about Three Ships Beauty’s sustainability efforts, please visit https://www.threeshipsbeauty.com/pages/sustainability. ABOUT THREE SHIPS BEAUTY Founded by Connie Lo and Laura Burget, Three Ships Beauty has become an effective and natural skincare brand focused on transparency, that is transforming the clean beauty space with accessible products. From farm to shelf, each product includes science-backed plant-derived ingredients, no fillers or chemicals, and is housed in 100% recyclable packaging. Better for the planet and better for the skin, Three Ships promises to deliver uncomplicated skincare backed by natural ingredients and real science. Their impressive products and successful launches have led them to continuous product sell-outs, including their 6x sell-out hero product, Dream Cream, and 8x sell-out best-seller, the Dew Drops Serum. Three Ships has also been recognized for numerous awards and accolades including a Cosmopolitan Holy Grail Beauty Award, Glossy Beauty Award, and a HOLA! Beauty Award. Continuously choosing upcycled ingredients, innovative packaging, and a commitment to fulfill a circular economy, Three Ships has met the standard of sustainable and eco-friendly skincare every step of the way, and is EWG Verified, Vegan.org certified, Leaping Bunny certified cruelty-free, and certified Women Owned. Connie and Laura are in the Forbes 30 Under 30 Class of 2022, winners of the EY Entrepreneur of the Year® in Ontario (2022), RBC Canadian Women Entrepreneurs of the Year (2021), and appeared on CBC’s hit show Dragons’ Den (Canada’s Shark Tank). ### Contact Details Six One Agency Camryn Carlson camryn@six-one.com Company Website https://www.threeshipsbeauty.com/

January 26, 2023 08:03 AM Eastern Standard Time

Signeasy hits 100 million contract milestone

Signeasy

Businesses worldwide seek operational efficiency and improved team productivity. Getting contracts signed, tracked, and managed efficiently can save time and effort for any team in the organization. Helping businesses achieve this goal, leading eSignature and contract workflow platform Signeasy is today announcing its milestone of processing 100 million business contracts. Signeasy’s easy-to-use, modern, and secure platform has helped businesses like Icelandair, Rappi, Sono Motors, Carta, Angellist, Truepill, Accor Hotels, and Airmeet streamline and automate their contract workflows. It offers intuitive and advanced signing workflows, centralized dashboards for provisioning and visibility across teams, robust integrations, easy-to-integrate APIs, and world-class mobile apps. Sunil Patro, Founder and CEO at Signeasy, commented: “Over the last few years, our platform has matured significantly to help businesses beyond their eSignature requirements. Signeasy automates and streamlines contract workflows across various functions like HR, sales, operations, and finance. The journey from an eSignature tool to becoming an eSignature and Contract Workflow platform has been phenomenal.” According to IDC, the worldwide eSignature software market is expected to grow from $2.3 billion in 2020 to $6.4 billion in 2025 at a compound annual growth rate (CAGR) of 22.6%. Many business document workflows include reviewing, approving, and signing contracts. This is especially true in HR, sales, finance, and operations departments, where contracts and other agreements are frequently used. Signeasy helps businesses achieve end-to-end digitally transformed business processes by replacing traditional paper-based workflows. This results in greater operational efficiencies, improved customer experience, and reduced transaction times. “Every contract has a story. It is either the beginning of a new relationship or an important milestone for a business to make progress in its chosen direction. The fact that Signeasy is now 100 million contracts strong makes us incredibly proud of the millions of customer stories we have been part of. We thank all our customers, partners, investors, and employees who have helped us achieve this milestone. We have just begun and are more excited than ever on the rewarding journey to 1 billion contracts, hopefully, sooner.” concluded Sunil Patro. Company highlights (last 12 months) Signeasy made it to Google Workspace’s 2022 ‘recommended apps ’ list. This puts them in the top 1% of 5000+ third-party apps in the global marketplace. Signeasy was positioned as a “leader” for two years consecutively alongside DocuSign, Dropbox Sign, and Adobe and was featured in the Aragon Globe for four years in a row. Postman featured Signeasy’s eSignature APIs in their ‘ New and Noteworthy ’ list as an easy-to-use, modern, and secure platform for developers to integrate eSignatures into their applications. IDC, the premier global market intelligence firm, collaborated with them to understand their vision and published a vendor profile titled “ eSignature and Document Transaction Management with Signeasy.” About Signeasy Signeasy is a leading eSignature and contract workflow platform to sign, send, and manage critical business documents. 48,000 companies in over 100 countries use Signeasy to simplify paperwork and increase efficiency across departments like Sales, HR, Finance, Operations, etc. Signeasy is a recommended 2022 Google Workspace App and integrates seamlessly with Office 365, Salesforce, Dropbox, and Box. Signeasy is highly rated on customer satisfaction and product innovation by independent software review sites and industry analysts, and its mobile apps consistently rank among the top 100 business apps on App Stores. Contact Details Signeasy Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://signeasy.com/

January 25, 2023 10:00 AM Eastern Standard Time

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New Research from Lotis Blue Consulting Ranks Top Drivers in Retail Employees’ Decision to Leave or Stay - Finds 65% of Retail Employees Plan to Stay

Lotis Blue Consulting

Lotis Blue Consulting (formerly Axiom Consulting Partners), a corporate advisory and business transformation firm, has released a comprehensive new report, Lotis Blue Future of Retail Workforce Study, analyzing the current state of the retail workforce. The study investigates ways the current macroeconomic environment has influenced retention trends for the retail workforce; factors that are becoming important to employee retention and loyalty; changing motivations for leaving a job; and primary attractors of unionization in retail. Research for the Lotis Blue Future of Workforce Study was conducted in Fall 2022 and surveyed more than 1,000 employees at 300 retailers including in apparel, big box, grocery, fast casual dining, specialty, convenience store, home goods, luxury apparel, and electronics sectors. The report evaluates how strongly various aspects of the Employee Value Proposition (EVP), which are employer offerings, and employee experience are influencing retail employees’ decision to stay, consider leaving or leave an employer. “Our most recent study doubled the size of our survey panel, giving us the opportunity to examine the findings alongside the Spring 2022 results to get to more nuanced findings across a larger pool of retail employees,” noted Lotis Blue Consulting partner and study author Aaron Sorensen. “From this, we found several key factors of the employee experience that were most compelling in the decision to stay or leave, including fairness in pay practices and promotions. We were then able to take that data and use it to predict an employee’s decision to stay or leave an employer with some 90 percent accuracy.” The study contains insights related to: - A ranking of the top 10 drivers in employees’ decision to stay, consider leaving, or leave - What proportion of employees intend to stay 5 years or more - By how much and why the cohort considering leaving is trending upward - Unionization and job satisfaction in retail - Education benefits as an important turnover driver - How work-from-home has affected retail employment and employees “While we found that between the April 2022 and late November 2022 surveys, most of the top 10 decision drivers to stay, consider leaving, or leave remained the same, there were some important changes in what is more and less important to employees,” noted Garrett Sheridan, CEO of Lotis Blue Consulting. “The future of retail employment looks bright, but employers will need to make changes to retain their talent and keep them healthy, safe and motivated.” For more information or to see the Lotis Blue Future of Retail Workforce Study, please visit: https://www.lotisblueconsulting.com/insights/future-of-retail-workforce-study/ At the intersection of growth and transformation, you’ll find Lotis Blue Consulting. We dig deep with personal attention and analytical rigor to uncover, define, and implement the smartest path forward for our clients. In doing so, we transform their most ambitious visions into a clear and sustainable reality. Contact Details Meir Kahtan +1 917-864-0800 mkahtan@rcn.com Company Website https://www.lotisblueconsulting.com

January 25, 2023 10:00 AM Eastern Standard Time

Innersense Organic Beauty Donates $210,000 for Annual Season of Giving

Innersense Organic Beauty

Award-winning clean hair care brand Innersense Organic Beauty raised over $210,000 for five nonprofits during November and December of 2022. Innersense Organic Beauty first started its annual Season of Giving campaign in 2019, benefiting organizations dedicated to a range of passions, from hunger to safe cosmetics advocacy, equality, and cancer support. In 2022, this seasonal effort raised $210,000 during the holidays, breaking the former record from previous years. The five-week Season of Giving campaign, kicked off the week of Thanksgiving, starting November 21, 2022, introduced a new nonprofit each Monday and encouraged Innersense Organic Beauty clean hair care consumers to shop with their hearts. The brand, in turn, donated 20% of all web sales each week to the designated nonprofit. Innersense Organic Beauty’s in-house team chose nonprofits that focused on issues near and dear to its heart, such as the women advocacy, female cancer support and Williams Syndrome, a genetic condition that affects the adult daughter of founders Greg and Joanne Starkman. Organizations benefiting from the fourth annual campaign included Feeding America, Breast Cancer Prevention Partners, Women’s Voices for the Earth, Lipstick Angels and Williams Syndrome Association. “Innersense Organic Beauty was created to help support our stylists by caring for these valued caregivers. As a leader in the clean beauty space, we also see ourselves as caregivers for our salon professionals, consumers and the community at large,” shares Greg Starkman, CEO and Founder, Innersense Organic Beauty. “We are grateful to be able to give back to organizations we are passionate about, and incredibly thankful to our dedicated community that continues to support our brand and this campaign each year, as they put their hearts behind holiday shopping.” The brand also updated its e-commerce website during the third quarter in 2022 to introduce Beam Impact, a new plug-in that allows consumers to donate a percent of their online purchase to the charity or cause of their choice. Innersense rotates the partner options seasonally to provide visibility and opportunity to the many philanthropic causes they support, including California Coastkeepers Alliance, The Loveland Foundation and many more. “This is absolutely amazing, we are incredibly grateful for this generous gift. The community you have built and inspired is so beautiful. Thank you for being thought leaders in business, family and philanthropy. It is people like you that change the world,” says Renata Helfman, Founder & Executive Director, Lipstick Angels. “We feel truly blessed to be partners with all of you.” The brand plans to continue its philanthropic efforts in 2023 with goals to surpass 2022 giving. About Innersense Organic Beauty Beauty professionals Greg and Joanne Starkman founded Innersense Organic Beauty to bring clean, pure and toxin free hair care to salons, stylists and consumers. The clean hair care brand’s products include shampoos, conditioners, scalp scrub, styling and treatment products for all hair types. For more information, visit innersensebeauty.com. Contact Details BPCM Archita Patel +1 281-725-2121 archita@bpcm.com Company Website https://innersensebeauty.com/

January 24, 2023 12:00 PM Eastern Standard Time

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Twinco Capital raises $12 million led by Quona Capital to expand its next-gen supply chain finance platform

Twinco Capital

Twinco Capital, the first global supply chain finance solution that covers the production cycle from purchase order to final invoice payment, announced today it has closed a $12 million equity and debt round. The investment was led by Quona Capital, and included participation from Working Capital Innovation Fund, as well as existing investors Mundi Ventures and Finch Capital. Zubi Capital provided the venture debt portion. The funds will be used to accelerate the company’s expansion within the major sourcing countries and strengthen its technology and data capabilities, in particular in relation to ESG. Twinco Capital is on a mission to reduce the world’s estimated $1.7 trillion trade finance gap, which disproportionately affects small and medium-sized companies in emerging countries and hinders their ability to access business opportunities and grow. Through its solution, the company engages with large corporations—mostly in the retail and apparel sectors—and offers funding to their suppliers worldwide, advancing up to 60% of the purchase order value upfront and paying the remainder upon delivery. The process is designed to be a fully transparent, no-hassle experience that provides the suppliers with funding for its purchase orders within 48 hours. The Amsterdam and Madrid-based fintech was founded in 2019 by Sandra Nolasco (CEO), an experienced banker and specialist in trade finance with an international career spanning over 20 years in major European commercial banks, and Carmen Marín (COO), who has over 16 years of management experience in both equity investing and project finance at Banco Santander. Since its inception, Twinco has grown rapidly, and today has programs in place which serve engaged European and LatAm retailers who buy more than $10 billion per year of manufactured products, mostly from SMEs in emerging markets. With Twinco, SMEs all over the world can access affordable liquidity, when they most need it—when they receive an order and need to start production. On the back of its financing programs, Twinco continuously collects data that stems from the intersection of commercial, financial and ESG performance of the thousands of manufacturers involved in these supply chains. As a result, Twinco is well positioned to provide its customers not only with funding but also with the benefit of unique business intelligence that can enable SMEs to produce products competitively and responsibly. “Twinco is focused on a significant pain point in the massive and underpenetrated market that is supply chain finance,” said Monica Brand Engel, co-founder and Managing Partner at Quona. “At Quona, we’ve been incredibly impressed by the strength of this founding team and its business model, and we’re excited to be part of their journey to provide much-needed and affordable supply chain finance to help responsibly fuel the economic gains of emerging market suppliers.” The key to Twinco’s success is its unique risk model, which complements the traditional view on financial risk with commercial performance and ESG data. In other words, it uses machine learning to evaluate the quality and strength of the commercial relationships between buyers and their suppliers. “Suppliers that value human capital and treat their workers well are better businesses, presenting a lower risk to their banks and lenders. We’re thrilled to invest in Twinco because they will assess ‘ESG’ risk and incorporate it into their investment decision-making — we think this will open up new areas of impact and commercial success for them" said Paarul Dudeja, Managing Director at Working Capital Innovation Fund. The technology enabled user experience was designed to accommodate the complexities of ever-changing trade transactions. Purchase orders can be canceled, replaced or changed, and the Twinco financing flow accompanies these changes without a glitch. “If we are to have competitive and socially responsible supply chains on a global scale, suppliers need access to affordable financing from the very beginning of production, starting with the purchase order,” said Twinco Capital CEO Sandra Nolasco. “Extraordinary events, such as those experienced these past years, have revealed the fragility of supply chains, which are historically unable to adapt to the complexity of global production networks. At Twinco, we propose a radical change in how to use finance as a tool to proactively transform global supply chains, to foster the participation of SMEs, improve efficiency and ensure responsible sourcing practices.” “Twinco’s ambitious mission can only be achieved by bringing together all the relevant parties: Buyers, Suppliers and Investors,” said Twinco Capital COO Carmen Marin. “In this way, Twinco is a catalyst for change. With our new funding, we will be extending our geographic scope and data capabilities. We are also very excited to launch the very first sustainable-native supply chain finance program—the Twinco ESG Tilt, where business intelligence is directly linked to beneficial purchasing and funding conditions.” The company is growing fast. It has onboarded more than 100 suppliers, located in 12 different countries including Bangladesh, China, Pakistan, South Korea, Turkey, Thailand, Vietnam, Indonesia and Spain. Since its launch in December 2019, the company has been growing by multiples of 5, supporting trade through the pandemic and funding millions of purchase orders. About Twinco Capital Twinco Capital, cofounded by Sandra Nolasco (CEO) and Carmen Marín (COO), is one of the few European high-growth fintechs led by women.Twinco engages with large corporate partners to reduce financing costs and improve supply chain reliability by offering their suppliers access to affordable funding. Through its data analytics-powered platform, Twinco is able to provide suppliers across the globe with competitive liquidity from purchase order to final invoice. Twinco’s unique model benefits both suppliers and buyers, contributing to the construction of competitive and socially responsible supply chains. Learn more: www.twincocapital.com About Quona Quona Capital is a venture firm focused on fintech that can expand access for underserved customers and small businesses in emerging markets including Latin America, Africa and the Middle East (MENA), and India and Southeast Asia. Quona’s global partners are experienced investors and operators in both emerging and developed markets, and invest in entrepreneurs whose companies have the potential to provide outstanding financial returns and promote breakthrough innovation in financial inclusion for both consumers and SMEs. More at quona.com About Working Capital Innovation Fund Working Capital Innovation Fund is an early-stage equity venture fund that invests in scalable innovations to meet the growing demand for more transparent and ethical supply chains – addressing the urgent need to protect vulnerable workers and source responsibly. It was initially incubated by The Omidyar Group, a diverse collection of independent organizations and initiatives. For more information, visit: https://workingcapitalfund.com/ Contact Details Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://www.twincocapital.com/

January 24, 2023 09:00 AM Eastern Standard Time

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News Release

79% Of Americans Drink 2+ Cups Of Coffee Per Day, Survey Finds

Finance News

America runs on coffee with the average US adult consuming more than one cup per day, a number which is increasing with more people working from home. After crunching numbers sourced from Statista, the data analysts at Safe Betting Sites have found that 79 percent of coffee drinkers in the US are drinking two or more cups per day when they are at home on a weekday. Meanwhile, 62 percent of coffee drinkers are consuming a to-go coffee at least once per week with 20 percent drinking a to-go coffee every day. Drip coffee remains America’s preferred way to enjoy a cup of joe with 36 percent of respondents saying it was their favorite. More than half of US adults (51 percent) also agreed with the statement that “coffee is a pure pleasure to me”. 79% Of American Coffee Drinkers Are Consuming 2+ Cups Of Coffee Per Day Since the start of the COVID-19 pandemic, more Americans have been working from home, and for some, that means drinking more coffee. According to a recent survey by Statista, 79 percent of American coffee drinkers are consuming at least two cups per day when at home on a weekday. Only 21 percent of respondents said that they drank just one cup of coffee or fewer when at home. The survey, which was sourced from Statista, analyzed the habits of 831 daily coffee drinkers in the US aged 18-74. By comparison, 31 percent of respondents drank 4-6 cups of coffee per day while 20 percent consumed 3 cups and 27 percent consumed 2 cups of coffee per day. 62% Of Coffee Drinkers Buy A To-Go Coffee At Least 1x Per Week Coffee lovers aren’t just drinking coffee when they are at home either. In fact, 44 percent of Americans are drinking a to-go coffee more than once per week. That compares to 21 percent that said they drank one to-go coffee per week and 38 percent that said they drank a to-go coffee less often or even never. Overall, 20 percent of coffee drinkers said that they drank at least one to-go coffee every day. Drip Coffee (36%) Is America’s Favorite Way To Drink Coffee The survey also asked Americans to rate their favorite way to brew their coffee. Good old-fashioned drip coffee remains America’s preferred way to drink coffee with 36 percent of respondents saying it was their favorite. Cappuccino (11 percent), Iced Coffee (10 percent), and Instant Coffee (nine percent) were among the next on the list of America’s favorite way to drink coffee. Drip Coffee — 36% Cappuccino — 11% Iced Coffee — 10% Instant Coffee — 9% 74% Of Americans Drink Coffee Every Day Of course, this isn’t the first time that Statista polled Americans on their coffee drinking habits. The findings confirm another Statista study from the summer. Back in June 2022, Statista asked 1,592 Americans how often they drank coffee. A whopping 73.9 percent of respondents answered “every day” compared to 17.5 percent that responded “most days”. Meanwhile, only 8.5 percent of respondents were occasional coffee drinkers who responded “sometimes”. Coffee Is 2nd-Most Popular Drink After Bottled Water Coffee is still America’s drink of choice, according to a Statista poll that surveyed over 7,500 US adults from October 2021 to September 2022. In fact, only bottled water is consumed by more Americans as their drink of choice (63 percent). Trailing coffee, soft drinks (56 percent), juice (50 percent) and tea (48 percent) were also among the most common beverages consumed by US adults. When it comes to alcohol, beer (25 percent) edged out wine (24 percent) for the most popular alcoholic beverage in the US. Here are the full results from the poll below. Bottled Water — 63% Coffee — 57% Soft Drinks — 56% Juice — 50% Tea — 48% Energy Drinks — 27% Beer — 25% Wine — 24% For full survey data, visit: https://www.safebettingsites.com/2023/01/19/79-of-americans-drink-2-cups-of-coffee-per-day-survey-finds/ Contact Details Finance News Alex Brown alex@financenews.com

January 23, 2023 05:40 PM Eastern Standard Time

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