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

Argentina: cocaine seized in World Cup trophy replicas

Jun 24, 2018

BUENOS AIRES, Argentina — Some Argentines are taking advantage of World Cup fervor. The security minister of Buenos Aires province said Friday that police have broken up an organization that trafficked marijuana and cocaine in fake World Cup trophies. The so-called "Narcos de la Copa" took advantage of the global merchandising boom generated by the soccer tournament to move the drug without raising suspicions. "These merchants of death have endless ingenuity, but don't be fooled. They shouldn't be admired. On the contrary... they are now in jail," said minister Cristian Ritondo, according to a statement. Officials said 20 kilos of...

Brazilians heave sigh of relief with World Cup win

Jun 24, 2018

RIO DE JANEIRO — Brazilians breathed a sigh of relief Friday after the national team scored two stoppage time goals to beat Costa Rica 2-0 at the World Cup, bringing it closer to a berth in the round of 16. With yellow-and-green T-shirts and Brazilian flags draped over their shoulders, thousands of people across Latin America's biggest country gathered in bars, restaurants, coffee shops and public squares to watch the game on large TV screens. They went wild when Philippe Coutinho and Neymar scored Brazil's two goals with only a few minutes left in the game. The narrow streets, homes...

Hoffenheim coach Julian Nagelsmann to join Leipzig next year

Jun 24, 2018

LEIPZIG, Germany — Hoffenheim coach Julian Nagelsmann will stay one more season with the club before taking over Bundesliga rival Leipzig. Leipzig says the 30-year-old Nagelsmann has agreed on a deal effective from mid-2019 to 2023. Hoffenheim says Nagelsmann is making use of a release clause in his contract, which was due to run to 2021, to join its rival. "It was important for me to achieve clarity early," Nagelsmann is quoted as saying on Hoffenheim's website. "Everyone knows that I will give my all for Hoffenheim to the last second to achieve our ambitious goals." Leipzig did not say...

Fans at World Cup criticized for videos disrespecting women

Jun 24, 2018

SAO PAULO — Some Latin American fans at the World Cup are receiving strong criticism for sexist behavior and could even face workplace consequences for posting videos in which they encourage foreign women to say offensive things in languages they don't appear to understand. In one of a handful of videos, a group of Brazilian men surround a woman and encourage her to chant with them in Portuguese an offensive word for female anatomy. In another, Colombian fans encourage a woman to repeat offensive things about herself in Spanish. In yet another, fans from Mexico hold a woman up in...

Griezmann signs contract extension with Atletico Madrid

Jun 24, 2018

MADRID — Atletico Madrid says France forward Antoine Griezmann has signed a one-year contract extension that will keep him at the Spanish club through 2023. "I am convinced that together we will do great things," Griezmann said on Tuesday. "Last season, I won my first European title with the club, something that I had been pursuing. I love the project that we are building with such great players." The 27-year-old Griezmann announced last Thursday he had turned down an offer to join Barcelona and would remain at Atletico. He has at least 25 goals a season in his four campaigns...

About Us

The Score Daily brings to you the up-to-date record of your favorite sports team. Whether it is soccer, football, basketball, tennis, or rugby - you can get all the latest news update right here as we’ve got you covered.

Contact us: sales[at]thescoredaily.com

Subscribe Now!