Latest news with #CSSF
Malaysian Reserve
5 days ago
- Business
- Malaysian Reserve
PingPong launches InvestXB In Luxembourg, Bringing Next- Generation Infrastructure To Alternative Investments
LUXEMBOURG, June 16, 2025 /PRNewswire/ — PingPong, a pioneer of cross-border embedded payment solutions with an established presence in Luxembourg since 2017, today launches InvestXB, a next-generation infrastructure solution for alternative investment managers, administrators and corporate solutions providers in Luxembourg. InvestXB delivers fast and compliant financial solutions designed for investment professionals launching and operating investment vehicles in Luxembourg, with the capability to support investors and assets globally. A Trusted And Robustly Regulated Partner, Designed For Global Investment Professionals In 2020, PingPong received approval from Luxembourg's financial regulator (CSSF) to upgrade from a Payment Institution (PI) licence to an Electronic Money Institution (EMI) licence. This EMI licence includes passporting rights, allowing PingPong to operate across all European Economic Area countries under CSSF supervision and regulation. Our ability to accelerate multi-currency account opening and onboard investment vehicles with global investors and assets, without compromising compliance, allows our team to navigate this complex landscape with tangible results. InvestXB can onboard investment vehicles with global investors and assets, including international Ultimate Beneficial Owners (UBOs), setting us apart from legacy providers. What's more, InvestXB is one of the few non-banks that enables global investment vehicles to open a multi-currency Luxembourg-based IBAN, which will accept incoming funds in 23 currencies, hold multiple currencies to match fund obligations and offer disbursements in over 200 countries and regions. 'InvestXB's global capabilities truly set us apart in the Luxembourg market. We enable investment vehicles to seamlessly match their fund obligations with access to 23 currencies for receiving, exchanging and sending funds, while facilitating disbursements and managing FX across over 200 countries and regions. Our ability to onboard investment vehicles with global investors and assets, including international UBOs based anywhere in the world, gives investment professionals the flexibility they need in today's interconnected investment landscape,' said Pawel Stosik, General Manager at PingPong Europe SA. Rapid Operational Efficiency, With 24-Hour Account Opening For fund managers, a key aspect of fundraising is speed. Yet traditional banks and legacy providers often take weeks, if not months, to approve and open accounts, causing critical delays for fund incorporation and operation. InvestXB offers a better solution, opening accounts within 24 hours, facilitating blocking certificates in minutes and providing the ability to deploy capital faster. What's more, InvestXB will allow global investment vehicles to open additional accounts on the same day. Where others see complexity, we see value, positioning InvestXB to lead innovation while adhering to the highest regulatory standards. Global Capabilities Backed By Local Expertise And Knowledge Speed matters at every touchpoint, from opening an account to day-to-day operations. Customer service is outdated and inefficient due to a lack of investment from legacy providers, meaning fund managers and administrators are waiting weeks for responses from account managers. Investment managers, fund administrators and corporate service providers deserve better support and infrastructure. InvestXB provides access to a dedicated team based in our central Luxembourg office. Our account managers are experts in Luxembourg fund compliance, regulation, structures, and management, ensuring seamless cross-jurisdictional support throughout the entire fund lifecycle. 'Missing the window to collect capital can mean losing investors altogether. With InvestXB, investment professionals can open accounts in hours, not weeks, while accessing dedicated support from our Luxembourg-based team of experts in fund compliance, regulation, and structures. Having reliable local knowledge and support throughout the fund lifecycle is critical for fund managers. It's like having a concierge service for all your fund administration needs, a next-generation solution designed specifically for sophisticated investors,' added Pawel Stosik. Explore how InvestXB can streamline your fund setup and operations here: About PingPong PingPong established a presence in Luxembourg in 2017 and, in 2020, received an EMI licence in Luxembourg with passporting rights across the EEA, all to solve the immense challenge of scaling enterprise businesses globally. Fast forward to today, and PingPong has become one of the world's leading global cross-border payments platforms, processing more than $250 billion USD. InvestXB by PingPong is a next-generation infrastructure solution for alternative investment managers, delivering fast, compliant, and scalable financial solutions designed for fund managers setting up and operating investment vehicles in Luxembourg. PingPong currently has 32 offices in 15 countries and 1,500 employees. Our international presence helps businesses solve complex payment needs in every major economy across all time zones. Logo – –
Finextra
5 days ago
- Business
- Finextra
PingPong launches InvestXB in Luxembourg
PingPong, a pioneer of cross-border embedded payment solutions with an established presence in Luxembourg since 2017, today launches InvestXB, a next-generation infrastructure solution for alternative investment managers, administrators and corporate solutions providers in Luxembourg. 0 InvestXB delivers fast and compliant financial solutions designed for investment professionals launching and operating investment vehicles in Luxembourg, with the capability to support investors and assets globally. A Trusted And Robustly Regulated Partner, Designed For Global Investment Professionals In 2020, PingPong received approval from Luxembourg's financial regulator (CSSF) to upgrade from a Payment Institution (PI) licence to an Electronic Money Institution (EMI) licence. This EMI licence includes passporting rights, allowing PingPong to operate across all European Economic Area countries under CSSF supervision and regulation. Our ability to accelerate multi-currency account opening and onboard investment vehicles with global investors and assets, without compromising compliance, allows our team to navigate this complex landscape with tangible results. InvestXB can onboard investment vehicles with global investors and assets, including international Ultimate Beneficial Owners (UBOs), setting us apart from legacy providers. What's more, InvestXB is one of the few non-banks that enables global investment vehicles to open a multi-currency Luxembourg-based IBAN, which will accept incoming funds in 23 currencies, hold multiple currencies to match fund obligations and offer disbursements in over 200 countries and regions. "InvestXB's global capabilities truly set us apart in the Luxembourg market. We enable investment vehicles to seamlessly match their fund obligations with access to 23 currencies for receiving, exchanging and sending funds, while facilitating disbursements and managing FX across over 200 countries and regions. Our ability to onboard investment vehicles with global investors and assets, including international UBOs based anywhere in the world, gives investment professionals the flexibility they need in today's interconnected investment landscape," said Pawel Stosik, General Manager at PingPong Europe SA. Rapid Operational Efficiency, With 24-Hour Account Opening For fund managers, a key aspect of fundraising is speed. Yet traditional banks and legacy providers often take weeks, if not months, to approve and open accounts, causing critical delays for fund incorporation and operation. InvestXB offers a better solution, opening accounts within 24 hours, facilitating blocking certificates in minutes and providing the ability to deploy capital faster. What's more, InvestXB will allow global investment vehicles to open additional accounts on the same day. Where others see complexity, we see value, positioning InvestXB to lead innovation while adhering to the highest regulatory standards. Global Capabilities Backed By Local Expertise And Knowledge Speed matters at every touchpoint, from opening an account to day-to-day operations. Customer service is outdated and inefficient due to a lack of investment from legacy providers, meaning fund managers and administrators are waiting weeks for responses from account managers. Investment managers, fund administrators and corporate service providers deserve better support and infrastructure. InvestXB provides access to a dedicated team based in our central Luxembourg office. Our account managers are experts in Luxembourg fund compliance, regulation, structures, and management, ensuring seamless cross-jurisdictional support throughout the entire fund lifecycle. 'Missing the window to collect capital can mean losing investors altogether. With InvestXB, investment professionals can open accounts in hours, not weeks, while accessing dedicated support from our Luxembourg-based team of experts in fund compliance, regulation, and structures. Having reliable local knowledge and support throughout the fund lifecycle is critical for fund managers. It's like having a concierge service for all your fund administration needs, a next-generation solution designed specifically for sophisticated investors," added Pawel Stosik.
Yahoo
5 days ago
- Business
- Yahoo
PingPong launches InvestXB In Luxembourg, Bringing Next- Generation Infrastructure To Alternative Investments
LUXEMBOURG, June 16, 2025 /PRNewswire/ -- PingPong, a pioneer of cross-border embedded payment solutions with an established presence in Luxembourg since 2017, today launches InvestXB, a next-generation infrastructure solution for alternative investment managers, administrators and corporate solutions providers in Luxembourg. InvestXB delivers fast and compliant financial solutions designed for investment professionals launching and operating investment vehicles in Luxembourg, with the capability to support investors and assets globally. A Trusted And Robustly Regulated Partner, Designed For Global Investment Professionals In 2020, PingPong received approval from Luxembourg's financial regulator (CSSF) to upgrade from a Payment Institution (PI) licence to an Electronic Money Institution (EMI) licence. This EMI licence includes passporting rights, allowing PingPong to operate across all European Economic Area countries under CSSF supervision and regulation. Our ability to accelerate multi-currency account opening and onboard investment vehicles with global investors and assets, without compromising compliance, allows our team to navigate this complex landscape with tangible results. InvestXB can onboard investment vehicles with global investors and assets, including international Ultimate Beneficial Owners (UBOs), setting us apart from legacy providers. What's more, InvestXB is one of the few non-banks that enables global investment vehicles to open a multi-currency Luxembourg-based IBAN, which will accept incoming funds in 23 currencies, hold multiple currencies to match fund obligations and offer disbursements in over 200 countries and regions. "InvestXB's global capabilities truly set us apart in the Luxembourg market. We enable investment vehicles to seamlessly match their fund obligations with access to 23 currencies for receiving, exchanging and sending funds, while facilitating disbursements and managing FX across over 200 countries and regions. Our ability to onboard investment vehicles with global investors and assets, including international UBOs based anywhere in the world, gives investment professionals the flexibility they need in today's interconnected investment landscape," said Pawel Stosik, General Manager at PingPong Europe SA. Rapid Operational Efficiency, With 24-Hour Account Opening For fund managers, a key aspect of fundraising is speed. Yet traditional banks and legacy providers often take weeks, if not months, to approve and open accounts, causing critical delays for fund incorporation and operation. InvestXB offers a better solution, opening accounts within 24 hours, facilitating blocking certificates in minutes and providing the ability to deploy capital faster. What's more, InvestXB will allow global investment vehicles to open additional accounts on the same day. Where others see complexity, we see value, positioning InvestXB to lead innovation while adhering to the highest regulatory standards. Global Capabilities Backed By Local Expertise And Knowledge Speed matters at every touchpoint, from opening an account to day-to-day operations. Customer service is outdated and inefficient due to a lack of investment from legacy providers, meaning fund managers and administrators are waiting weeks for responses from account managers. Investment managers, fund administrators and corporate service providers deserve better support and infrastructure. InvestXB provides access to a dedicated team based in our central Luxembourg office. Our account managers are experts in Luxembourg fund compliance, regulation, structures, and management, ensuring seamless cross-jurisdictional support throughout the entire fund lifecycle. "Missing the window to collect capital can mean losing investors altogether. With InvestXB, investment professionals can open accounts in hours, not weeks, while accessing dedicated support from our Luxembourg-based team of experts in fund compliance, regulation, and structures. Having reliable local knowledge and support throughout the fund lifecycle is critical for fund managers. It's like having a concierge service for all your fund administration needs, a next-generation solution designed specifically for sophisticated investors," added Pawel Stosik. Explore how InvestXB can streamline your fund setup and operations here: About PingPong PingPong established a presence in Luxembourg in 2017 and, in 2020, received an EMI licence in Luxembourg with passporting rights across the EEA, all to solve the immense challenge of scaling enterprise businesses globally. Fast forward to today, and PingPong has become one of the world's leading global cross-border payments platforms, processing more than $250 billion USD. InvestXB by PingPong is a next-generation infrastructure solution for alternative investment managers, delivering fast, compliant, and scalable financial solutions designed for fund managers setting up and operating investment vehicles in Luxembourg. PingPong currently has 32 offices in 15 countries and 1,500 employees. Our international presence helps businesses solve complex payment needs in every major economy across all time zones. Logo - - View original content to download multimedia: Erreur lors de la récupération des données Connectez-vous pour accéder à votre portefeuille Erreur lors de la récupération des données Erreur lors de la récupération des données Erreur lors de la récupération des données Erreur lors de la récupération des données
Yahoo
04-06-2025
- Business
- Yahoo
Eurofins Scientific SE: Disclosure of Total Number of Voting Rights and Number of Shares in the Capital at 31 May 2025
LUXEMBOURG, June 04, 2025--(BUSINESS WIRE)--Regulatory News: Eurofins (Paris:ERF): ANNEXE B Form to be used for the disclosure of the total number of voting rights and capital, in accordance with the law and grand-ducal regulation of 11 January 2008 on transparency requirements for issuers of securities 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedi (including the issuer ID allocated by the CSSF)EUROFINS SCIENTIFIC SE – E1013 2. Identity of the notifier (if another person makes the notification on behalf of the issuer) N/A 3. Total number of shares composing the share capital of the notifying issuer182,163,000 4. Total number of voting rights attached to the shares composing the share capital of the notifying issuer, including the suspended voting rightsii367,789,649 5. Origin of the changeiii Cancellation of some class A beneficiary units Purchase of treasury shares 6. Date when the change occurred31 May 2025 i Either the full name of the legal entity or another method for identifying the issuer or underlying issuer, provided it is reliable and For further details on the total number of voting rights, please refer to point 1(b) of circular CSSF 08/ As, for example, a capital increase or reduction. View source version on Contacts Eurofins Scientific SE
Yahoo
28-03-2025
- Business
- Yahoo
Sword Group: Availability of the 2024 Financial Report
According to the current regulations, Sword Group announces that its 2024 Financial Report has been made available to the public. It was sent to the Commission de Surveillance du Secteur Financier (CSSF) and was also filed with the Luxembourg Stock Exchange. It can be viewed and downloaded on the website of the company: 2024 FINANCIAL REPORT Dividend€2.0 gross per shreEx-date: April 30, 2025Payment: May 2, 2025Pending approval at the Annual General Meeting on April 28. Calendar24/04/25 | 2025 First Quarter Revenue24/07/25 | 2025 Second Quarter Revenue About Sword GroupSword has 3,200+ IT/Digital specialists active in 50+ countries to accompany you in the growth of your organisation in the digital a leader in technological and digital transformation, Sword has a solid reputation in complex IT & business project optimises your processes and enhances your SwordGroup_Availability of the 2024 Financial Report_V28032025Sign in to access your portfolio
