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

In South Africa, plans for a refuge for pangolins in peril

Jun 22, 2018

JOHANNESBURG — Monitored by a conservationist, a young pangolin slurped ants with a long tongue near a veterinary hospital that became a temporary home after the animal was found near the body of its mother, killed by a jolt from an electric fence. The six-month-old scaly anteater foraged on a hillside, building up strength in a tiny step for a campaign to save one of the world's most heavily trafficked mammals. Traffickers often sell the pangolin meat locally and ship the scales for use in traditional medicine in Asia, mainly China. The growing illegal industry has prompted plans in South...

2 patients who fled Ebola ward among the dead in Congo

Jun 22, 2018

DAKAR, Senegal — Two infected patients who fled from an Ebola treatment center in a Congo city of 1.2 million people later died, an aid group said Wednesday while asserting that "forced hospitalization is not the solution to this epidemic." As the number of suspected Ebola cases continued to rise, experts emphasized that more community engagement is needed to prevent the spread of the deadly virus. Three patients left of their own accord from the isolation zone of the Wangata hospital in Mbandaka city between Sunday and Tuesday, said Henry Gray, emergency coordinator for Medecins Sans Frontieres. One patient had...

Archaeologists discover Greco-Roman era building in Egypt

Jun 22, 2018

CAIRO — Egyptian archaeologists say they have discovered parts of a huge red brick building dating back to the Greco-Roman period north of Cairo. The Antiquities Ministry says Wednesday the building was found in the Sa El-Hagar archaeological site in Gharbia province. It says archaeologists found a gold coin depicting King Ptolemy III, who ruled Egypt in the 3rd century B.C. and was an ancestor of the famed Cleopatra. It says the coin was made during the reign of King Ptolemy IV in memory of his father. The ministry says archaeologists have unearthed other artifacts in the area, including pottery...

In Salah's Nile delta village, the Egyptian is a super hero

Jun 22, 2018

NAGRIG, Egypt — The cafe began to fill up more than two hours before kickoff. By the time the match began, some 200 men and boys — some as young as five — huddled around two large TV screens at a cafe Mohamed Salah frequents when he's back visiting his village deep in Egypt's Nile Delta. Salah didn't score, but almost everyone at the cafe let out a joyous scream and clapped enthusiastically at the final whistle: Liverpool, the English club for which Salah has scored more than 40 goals since he joined this season, has reached the final of...

AP Explains: Ebola reaches an urban area in Congo. What now?

Jun 22, 2018

JOHANNESBURG — The global health community gulped Thursday with the announcement that a case of Ebola had been confirmed in a city of more than 1 million in Congo, bringing the latest outbreak of the often deadly hemorrhagic fever out of remote rural areas. "Confirmation of urban #Ebola in #DRC is a game changer in this outbreak - the challenge just got much much tougher," the World Health Organization's emergencies chief, Dr. Peter Salama, said on Twitter. Here's a look at the outbreak. ___ WHAT IS EBOLA? Ebola is a virus that without preventive measures can spread quickly between people...

About Us

Delivering news from all over the globe, StarJournal keeps you abreast with the greatest minds in science, be it researchers, theorists or even popularizers.

Contact us: sales[at]starjournals.com

Subscribe Now!