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

Saudi Arabia prepares for the annual Muslim hajj pilgrimage

Aug 19, 2018

MECCA, Saudi Arabia — Saudi Arabia is preparing to host the annual hajj pilgrimage beginning Sunday, as over 2 million Muslim faithful are ready to take part in the ultraconservative kingdom. The pilgrimage represents one of the five pillars of Islam and is required of all able-bodied Muslims once in their life. In recent weeks, the faithful have arrived in Mecca from across the world, all chanting "Labayk Allahuma Labayk," or "Here I am, God, answering your call. Here I am." The hajj offers pilgrims an opportunity to feel closer to God amid the Muslim world's many challenges, including the...

The Latest: Trump tweets support for pastor jailed in Turkey

Aug 19, 2018

ANKARA, Turkey — The latest on Turkey's currency crisis (all times local): 2:55 a.m. President Donald Trump is calling on jailed pastor Andrew Brunson to serve as a "great patriot hostage" while he's being held in Turkey. Tweeting on Thursday, Trump says: "Turkey has taken advantage of the United States for many years" and is criticizing the country for "holding our wonderful Christian Pastor." Trump adds, "We will pay nothing for the release of an innocent man, but we are cutting back on Turkey!" Brunson has been detained on espionage and terrorism-related charges. The Trump administration has said Turkey could...

Egypt razes historical Cairo district, angering residents

Aug 19, 2018

CAIRO — Egyptian authorities are demolishing a historical 19th century neighborhood in Cairo to make way for high-end housing and business development a stone's throw from the Nile, angering residents who say they have not been properly compensated. The Maspero neighborhood is named for French Egyptologist Gaston Maspero who helped found the Egyptian Museum. Developers have long eyed the central district, which is already home to the Foreign Ministry and the state television and radio building. The neighborhood is part of the modern city built by Khedive Ismail in the 19th century, which was envisioned as a Paris on the...

Abbot's murder in desert monastery shocks Egypt's Christians

Aug 19, 2018

CAIRO — It reads like a murder mystery set in an exotic locale: an abbot found dead in a desert monastery; a monk defrocked and arrested; another held by police and hospitalized after trying to kill himself — or did his fellow monks stage a revenge attack? The killing of Bishop Epiphanius, who was found dead on July 29, has opened a window into the cloistered world of Egypt's Coptic Orthodox Church, one of the oldest Christian communities in the world and the one that introduced monasticism to the faith. Authorities investigating the killing at the 4th century St. Macarious...

Tehran cafe run by disabled raises spirits, combats stigma

Aug 19, 2018

TEHRAN, Iran — Melika Aghaei's fingers move slowly across the keys of the digital piano as she softly sings a children's song to the delight of the cafe's customers, while Mehdi Khakian takes orders for espressos and lattes. Located near the bustling Vanak Square in north Tehran, the "Downtism Cafe" stands out from other coffee shops in the affluent neighborhood for its unique staff. All have either Down syndrome, like Aghaei, or autism, like Khakian, and run the entire operation themselves. Opened only three months ago, the cafe — whose name combines "Down" with "autism" — is bustling. "All of...

About Us

Originally founded in 2015, Voyage Times publishes articles on travel and lifestyle for travelers, leisure seekers, and culture hunters from around the world.

Contact us: sales[at]voyagetimes.com

Subscribe Now!

Quick Links

HomePress