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BestGrowthStocks.Com Issues Comprehensive Analysis of Rumble’s Catalysts, Short Interest, and Market Sentiment

Rumble Inc

NEW YORK, NY / NewsDirect / October 24th, 2024 / Best Growth Stocks, a leading independent equity research and corporate access firm focused on finding and reporting on the best growth stocks utilizing exclusive ai-assisted research recently issued an in-depth analysis of Rumble Inc. a video-sharing platform and cloud services provider. Rumble Inc. (NASDAQ: RUM) has garnered significant investor attention following recent milestones such as Sticker Mule, a major online retailer, moved its AI processing to Rumble’s cloud services, boosting confidence in Rumble’s cloud platform capabilities. Earlier, Rumble shattered records during the Republican Debate in September 2024, which drove a spike in user engagement and platform activity. In the sports arena, Rumble partnered with the Miami Dolphins to provide cloud services for Hard Rock Stadium, showing its focus on scaling its infrastructure services and entering high-visibility partnerships. Best Growth Stock's full report offers an in-depth analysis of Rumble’s operations, short interest, current share structure according to dilution tracker, cash position and runway, potential catalysts, growth drivers, financials and more. Access this full analysis free here: https://bestgrowthstocks.com/access-rum-analysis/ ABOUT Rumble Rumble is a high-growth video platform and cloud services provider that is creating an independent infrastructure. Rumble’s mission is to restore the internet to its roots by making it free and open once again. For more information, visit: corp.rumble.com. About Best Growth Stocks Best Growth Stocks is a leading independent equity research and corporate access firm focused on finding and reporting the best growth stocks utilizing our exclusive ai-assisted research. BGS is also a financial news provider, focused on giving investors direct access to CEOs of promising, publicly-traded companies, and market experts. Our CEO interviews aim to answer the questions that rest on the minds of current and future shareholders. This is not to be construed as financial advice. Please consult with a licensed financial advisor before making any investment decisions. Media Contact Best Growth Stocks Senior Editor: Steve Macalbry Editor@BestGrowthStocks.Com SOURCE: BestGrowthStocks.Com Contact Details Best Growth Stocks Steve Macalbry editor@bestgrowthstocks.com

October 24, 2024 07:30 AM Eastern Daylight Time

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BestGrowthStocks.Com Issues Extensive Comprehensive Analysis of Phunware Inc

PHUNWARE

NEW YORK, NY / NewsDirect / October 24th, 2024 / Best Growth Stocks, a leading independent equity research and corporate access firm focused on finding and reporting on the best growth stocks utilizing exclusive ai-assisted research recently issued an in-depth analysis of Phunware Inc. a leader in enterprise cloud solutions for mobile applications. Phunware Inc. (NASDAQ: PHUN) has garnered significant investor attention following their entry into generative AI. Best Growth Stock's full report offers an in-depth analysis of Phunware’s recent announcement, short interest, current share structure according to dilution tracker, cash position and runway, potential catalysts, growth drivers, financials and more. Access this full analysis free here: https://bestgrowthstocks.com/access-phunware-analysis-phun/ About Phunware, Inc. Phunware, Inc. (NASDAQ: PHUN) is an enterprise software company specializing in mobile app solutions. We provide businesses with the tools to create, implement, and manage custom mobile applications and analytics, digital advertising, and location-based services. Phunware is transforming mobile engagement by delivering scalable and personalized mobile app experiences.  Phunware’s mission is to achieve unparalleled connectivity and monetization through widespread adoption of Phunware mobile technologies by leveraging brands, consumers, partners, and digital asset holders and market participants. Phunware is poised to expand its software products and services audience and industry verticals through its new platform, utilize and monetize its patents and other intellectual property rights and interests, and update and reintroduce its digital asset ecosystem for existing holders and new market participants.  For more information, please visit www.ai.phunware.com About Best Growth Stocks Best Growth Stocks is a leading independent equity research and corporate access firm focused on finding and reporting the best growth stocks utilizing our exclusive ai-assisted research. BGS is also a financial news provider, focused on giving investors direct access to CEOs of promising, publicly-traded companies, and market experts. Our CEO interviews aim to answer the questions that rest on the minds of current and future shareholders. This is not to be construed as financial advice. Please consult with a licensed financial advisor before making any investment decisions. Media Contact Best Growth Stocks Senior Editor: Steve Macalbry Editor@BestGrowthStocks.Com SOURCE: BestGrowthStocks.Com Contact Details Best Growth Stocks Steve Macalbry Editor@bestgrowthstocks.com Company Website https://bestgrowthstocks.com/

October 24, 2024 07:00 AM Eastern Daylight Time

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ASTRO America’s AM Forward Initiative Receives Final Approval for Private Equity Fund

ASTRO America

Applied Science & Technology Research Organization ( ASTRO ) of America executives will join senior officials from the U.S. Department of Defense (DOD) and Small Business Administration (SBA) at the Pentagon today to mark a major milestone in its “ AM Forward ” initiative. This effort, launched by ASTRO President Neal Orringer and U.S. President Joseph R. Biden in May 2022, accelerates small businesses’ adoption of additive manufacturing (“AM”, or 3D printing) technology to advance key aerospace and defense supply chains across the country. Today’s announcement of final federal approval for the Fund (formally known as the ‘Stifel North Atlantic AM-Forward Fund’) marks a historic moment in the nation’s effort to build, scale and accelerate public-private investments in critical technologies, a key component of AM Forward. This Fund, earning a Small Business Investment Company (SBIC) license in partnership with the DOD under the SBIC Critical Technology (SBICCT) initiative, aims to use a range of financing structures targeted to the specific needs of small businesses, with a focus on increasing additive and advanced manufacturing capabilities in the domestic supply chain. The initial investors of the Fund include significant capital commitments from industry-leading companies Lockheed Martin, GE Aerospace, and ASTM International, among others. “Two years ago, we launched AM Forward to build up resilience in America’s key supply chains,” said Neal Orringer, President of ASTRO America. “Our partners– most notably, Lockheed Martin and GE Aerospace– have demonstrated what it means to be strong stewards of America’s Defense Industrial Base. Today, we are grateful to have them and two other critical organizations, Stifel North Atlantic and ASTM International, contributing important resources, expertise, and mentorship to support the backbone of America’s economy– small and medium sized manufacturers.” ASTRO leads AM Forward’s implementation– a compact of seven leading companies as well as key federal agencies– focused on helping small businesses expand their adoption of metal 3D printing technology through: access to capital, machine validation processes called “qualification,” and workforce development. ASTRO selected Stifel North Atlantic (NYSE: SF) as the financial partner to support AM Forward’s access-to-capital efforts by managing the Fund, based on its rich history of support for small and middle market companies and extensive experience managing SBIC Funds. ASTRO leadership will remain involved with the Fund as advisors to the Fund’s Technical Advisory Board. “We are pleased to receive this license from the SBA,” said Victor Nesi, Stifel Co-President. “In collaboration with our strategic partners, we are proud to give America’s emerging small businesses the capital and strategic support they need to advance innovation that supports our supply chain, creates domestic jobs, amplifies manufacturing capacity and importantly, increases national security.” Earlier this year, ASTRO America and Stifel North America announced the Fund became the first recipient to receive an initial ‘green light’ to raise private capital under the SBIC Critical Technologies (“SBICCT”) program. The Applied Science and Technology Research Organization of America (ASTRO America) is a 501(c)(3) not-for-profit, non-partisan Research Institute and Think Tank. It was established in 2018 to advance the public interest through manufacturing technology and policy. Led by manufacturing professionals with broad public and private sector experience, ASTRO America supports collaborations by government agencies and companies to address supply chain challenges in highly regulated industries, including aerospace and defense. Established in 1890, with headquarters in St. Louis, Missouri, Stifel is a full-service financial services firm with a distinguished history of providing securities brokerage, investment banking, trading, investment advisory, and related financial services to individual investors, institutions, corporations, and municipalities. Contact Details Raynor Ave. Bradley Sinkaus +1 570-446-7585 bradley@raynoravenue.com Company Website https://astroa.org/

October 23, 2024 04:00 PM Eastern Daylight Time

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The Reservoir Unveils the First On-Farm Robotics Incubators

Hawk Tower / The Reservoir

Today at FIRA USA 2024, the Reservoir announced the first-ever on-farm robotics incubators, Reservoir Farms, set to open in the Central and Salinas Valleys in early 2025. This pioneering initiative significantly shifts how agricultural technology innovates through real-world testing environments, world-class resources, and critical industry partnerships. California agriculture faces critical challenges, including labor availability and cost, import competition, increased regulation, water scarcity, and climate-related challenges, including extreme weather. These challenges have spurred significant advancements in agricultural precision, automation, mechanization, and robotics in recent years. Despite advancements, early-stage agtech projects lack critical ecosystem support, like connecting directly with growers, testing and validating their solutions, and accessing dedicated shop space and farmland. These gaps hinder capital efficiency and the development of critical solutions that meet the agricultural sector's needs. Initial projects at the incubators will focus on early-stage agricultural innovations in automation and robotics, including rovers and drones, that accelerate the development of breakthrough solutions to the opportunities and imperatives faced by California farms producing high-value specialty crops, such as labor shortages, profitability, and adopting climate-smart technologies. Western Growers Association, a key advocate for advancing agricultural innovation, will provide financial and operational support as an anchor partner. Anchor educational partners like UC ANR, Hartnell College, and Merced College will play a crucial role in innovation and workforce development, preparing the next generation of agricultural researchers, professionals, and innovators to drive the future of farming in California. HawkTower, a venture capital firm investing in early-stage startups developing breakthrough innovations for California’s environmental and industrial imperatives, is also an anchor partner. “The launch of Reservoir Farms is a critical step forward in ensuring the future resilience of California’s agriculture and across the Central Coast and Central Valley,” said Danny Bernstein, CEO of the Reservoir and Managing Partner of HawkTower. “By placing incubators directly on the farm, we enable innovators to test, iterate, and scale solutions in real-world conditions as a more immediate path to advance farming communities.” A New Model to Incubate AgTech Innovation The idea for Reservoir Farms emerged from extensive industry research and consultations with over 50 organizations in the specialty crop sector. Key insights uncovered critical gaps in startups' access to real-world testing environments, shop space, and direct relationships with growers—factors severely hindered capital efficiency and posed a formidable barrier to innovation. “Our goal is to eliminate the friction points that have historically slowed down the development of new agtech solutions,” said Walt Duflock, Senior Vice President of Innovation at Western Growers Association. “Reservoir Farms offers a new model, where startups can work side-by-side with growers to test their technologies, iterate in a low-stakes environment, and build scalable solutions to improve agriculture's operations.” Supports Thriving Agtech Ecosystem and Job Creation The Reservoir Farms initiative also reflects a broad-based collaboration between key educational institutions, industry players, and local communities to ensure the next generation of agricultural professionals is equipped with the skills needed to support the region’s growing agtech sector. Supporting partners include Central Coast Small Business Development Center (SBDC), Communities Organized for Relational Power in Action (COPA), Digital NEST, Farmhand Ventures, Merced County Farm Bureau, Milano Technical Group, Monterey Bay DART (Drone Automation & Robotics Technology), Monterey Bay Economic Partnership, Monterey County Farm Bureau, Tesserakt Ventures, and The Vine. “As robotics and automation become more integral to California agriculture, it’s essential to have facilities like Reservoir Farms embedded within the farming community,” said Gabriel Youtsey, Chief Innovation Officer at UC ANR. “By bridging the gap between lab-based research and real-world application and accelerating tech transfer, Reservoir Farms can help build the workforce and technology needed to address the critical challenges on the farm, from labor shortages to climate change.” A Focus on Specialized Services and Real-World Testing in California's Agricultural Heartland Reservoir Farms will open its first two locations in Salinas Valley and Merced in the first quarter of 2025. Participants can lease testing fields and shop space without the burden of multi-year leases, giving them the flexibility needed to scale. The incubators will offer fully equipped R&D workshops, secure storage for expensive equipment, and customized, pre-planted specialty crop fields for testing. These facilities will be complemented by Reservoir Farms’ co-working spaces, meeting rooms, and a robust demo day schedule designed to connect startups with growers, investors, and other key stakeholders. In addition, the Western Growers Association’s validation process will provide startups with a quantitative “scorecard” that offers crucial metrics on scalability, efficacy, and financial viability. This validation, combined with UC ANR’s field testing, will help startups refine their products and receive a critical stamp of approval that builds trust with growers and ensures a smoother path to commercialization. About the Reservoir: The Reservoir is a 501(c)(3) nonprofit building tech incubators for California’s future. Founded in 2024, the Reservoir creates spaces where startups, researchers, organizations, and corporations can develop and test innovations beyond Silicon Valley, focusing on rural areas like the Central and Salinas Valleys. The Reservoir drives economic growth, workforce development, and environmental resilience across California’s agricultural heartlands. Learn more at www.thersvr.org. Contact Details AgTech PR for The Reservoir Jennifer Goldston jennifer@agtechpr.com Company Website https://www.thersvr.org/

October 23, 2024 09:00 AM Pacific Daylight Time

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Canter Power Systems Continues Its National Expansion with Acquisition of Grasten Power Technologies

Rotunda Capital Partners LLC

Canter Power Systems (“Canter”), a Generac Power Pro Premier dealer, and one of the largest independent installers and service providers of residential backup power generators in the U.S., is pleased to announce the acquisition of Grasten Power Technologies (“Grasten”), a premier installer and service provider of home standby generators throughout Houston and the broader Texas market. This marks Canter’s third add-on acquisition since partnering with Rotunda Capital Partners in September 2022. Based in Houston, Texas, Grasten is recognized for its comprehensive generator installation, inspection, maintenance, and repair services, establishing itself as the trusted partner for thousands of homeowners. Known for its exceptional customer service, quality, and responsiveness, Grasten has steadily expanded its geographic reach and maintains thousands of annual service and maintenance contracts. Partnering with Grasten enhances Canter’s ability to meet the growing demand for reliable backup power solutions across the Texas market, particularly in light of growing grid instability and frequency of severe weather events and related power outages. “We are excited to welcome Grasten to the Canter family,” said Brian Lopatka, CEO of Canter Power Systems. “This partnership marks an important step in expanding our reach into a critical geographic market. Grasten’s excellent reputation and highly knowledgeable employee base, combined with Canter’s national scale and resources, will allow us to deliver even greater value and reliability to our collective customers throughout Texas and surrounding markets.” Josh Keller, President and owner of Grasten, expressed excitement about the partnership, stating “Partnering with Canter allows us to continue providing exceptional service, while also benefiting from the resources and infrastructure of a larger organization. We look forward to working with the Canter team to grow our business into new markets, while upholding our commitment to providing top-tier customer service and support.” “The acquisition of Grasten represents another important milestone as Canter continues to grow its leadership position in the home standby power market,” added Ryan Aprill, Managing Director at Rotunda. “Rotunda looks forward to continuing its support of Canter’s acquisition strategy as the company looks to pursue additional M&A in both new and existing markets.” About Canter Power Systems Canter Power Systems is a Generac Power Premier Pro dealer and one of the largest independent installers of home standby generators in the U.S. Canter Power Systems’ solution capabilities include residential backup generator systems, battery storage technology and preventative maintenance and residential field services. Canter Power Systems has a long list of accomplishments, including being Home Depot’s largest national residential generator installer since 2007, being named Home Depot Service Provider of the Year in 2022, and receiving the Generac Industry Excellence Award in 2021 and 2022, all while maintaining Generac’s Power Premier Pro Status since 2016. For more information, visit www.canterpowersystems.com. About Rotunda Capital Partners Rotunda Capital Partners is an operationally oriented private equity firm focused on transforming family-founder owned companies into dynamic, data-driven platforms able to achieve and manage significant growth. Since its founding in 2009, Rotunda has partnered with management teams to build great businesses within three primary sectors: value-added distribution, asset-light logistics and industrial, residential & business services. Rotunda strives to achieve replicable results by implementing its Rotunda Performance System to create strategic alignment, develop lean processes and create robust, data-driven infrastructures. For more information, visit www.rotundacapital.com. Contact Details Rotunda Capital Partners Margaux Valle +1 240-962-1707 PR@rotundacapital.com Company Website https://www.rotundacapital.com

October 23, 2024 10:52 AM Eastern Daylight Time

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PathAI Unveils New Features on AISight Image Management System: Introducing Guided Algorithm Review and Z-Stack Image Support

PathAI

PathAI, a global leader in AI-powered digital pathology, today announced the launch of two new features on its AISight® 1 Image Management System (IMS): Guided Algorithm Review and Z-Stack Image Support. These enhancements reflect PathAI’s ongoing commitment to empowering pathologists with innovative tools that enhance pathology interpretation, optimize laboratory operations, and lay the foundation for broader adoption of AI tools in the field of pathology. The Guided Algorithm Review feature is designed to help pathologists streamline and enhance case evaluations by highlighting potential Fields of Interest (FOIs) identified by algorithms. TumorDetect 2, PathAI’s AI product, will be the first to incorporate this functionality, highlighting key areas of interest. By automatically pinpointing these critical areas, the feature allows pathologists to focus their initial review on the regions that require the most attention. Key Features of the Guided Algorithm Review: Gallery of FOIs: A visual gallery of algorithm-detected fields of interest provides an intuitive way for pathologists to navigate to key tissue areas requiring further analysis. Click-Through Review: Enables systematic, step-by-step navigation through regions highlighted by the AI’s predictions, such as areas with high tumor concentration or biomarker quantification, potentially streamlining the review process and enhancing thoroughness. Enhanced Interpretability: Overlays and side-by-side comparisons improve the clarity of AI predictions, allowing pathologists to better interpret and verify the results. Third-Party AI Integration: Allows for seamless integration with third-party AI algorithms, enabling pathologists to work with various AI solutions in a unified platform, enhancing flexibility and adaptability across different AI tools and workflows. In addition to the Guided Algorithm Review, PathAI’s Z-Stack Image Support introduces a multi-layer imaging capability that enables pathologists to examine all layers of a multi-layered Whole Slide Image (WSI), producing a 3D-like representation of slides. This feature is particularly beneficial in cytology, where three-dimensional cell clusters often require a more nuanced, layered analysis. Key Benefits of the Z-Stack Image Support: Multi-Layer Viewing: Pathologists can view all layers of a multi-layered Whole Slide Image (WSI), providing an experience similar to a microscope fine focus, particularly useful for cytology cases. Efficient Navigation: Features such as Focus Control and keyboard shortcuts allow for smooth transitions between image layers. Customizable Workflow: Pathologists can personalize their review process with adjustable zoom, pan, and annotation features, and track their progress through visual indicators. PathAI has also upgraded its ArtifactDetect 3 algorithm, broadening its support for additional file types, such as.mrxs format files and stains, including Masson’s Trichrome and other special stains. These improvements allow laboratories to apply quality control measures across a wider range of specimens and staining protocols, further optimizing laboratory efficiency. Additional AISight Enhancements: Refreshed User Interface: Includes categorized tables for clearer quantitative results, such as tissue areas and cell counts, facilitating easier interpretation. Custom Slide Panning: Enhanced control features like Snap to Zoom and adjustable animation durations for more precise slide navigation. Automatic Specimen Orientation: Automatically rotates skin specimens based on metadata, ensuring consistency and accuracy in evaluations. “We are thrilled to introduce these new capabilities to the AISight IMS platform,” said Eric Walk, M.D., FCAP, chief medical officer at PathAI. “The Guided Algorithm Review and Z-Stack Image Support are significant advancements that help pathologists conduct high-quality assessments with efficiency and precision. These tools help enhance and streamline case management supporting the needs of modern pathology labs.” Footnotes AISight is for research use only in the US and is not for use in diagnostic procedures. TumorDetect is a workflow optimization algorithm available on AISight for research use only. ArtifactDetect is a quality control algorithm available on AISight for research use only. About PathAI PathAI is a global leader in AI-powered digital pathology solutions, dedicated to advancing diagnostic accuracy and operational efficiency in pathology laboratories worldwide. Through the integration of cutting-edge technology and strategic partnerships, PathAI empowers pathologists to be leaders in precision pathology and shape the future of medical diagnostics. Contact Details SVM Public Relations and Marketing Communications Maggie Naples +1 401-490-9700 pathai@svmpr.com Company Website https://www.pathai.com/

October 23, 2024 10:00 AM Eastern Daylight Time

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Nonprofit Photo Contest: Nonprofits Can Win $5000 in Cash Donations

Nonprofits Insurance Alliance

A photo contest specifically for nonprofit organizations offers nonprofits a chance to win a total of $5000 in cash donations for the 25 winning photos. The grand prize is a $1000 donation. The first, the largest, and the most popular photo contest exclusively for 501(c)(3) nonprofits (as far as we know) is back! Sponsored by Nonprofits Insurance Alliance (NIA), the 2024 NIA Nonprofit Photo Contest is calling for nonprofits to share their best photo for this year’s theme: Community in Focus. 25 total winners will be selected: $1000 Best of Show (1 winner) $500 Standing Ovation (4 winners) $100 Spotlight (20 winners) The contest is open to both NIA member nonprofits and any U.S. 501(c)(3) nonprofit that subscribes to Blue Avocado, a free online magazine for nonprofits. Entries will be accepted online through Nov. 10, 2024. Winning entries will be determined by a combination of popular voting and a review by an internal panel of NIA judges. Participating organizations are permitted to conduct independent outreach to encourage voting support among their constituents. The public voting period will run online at NIA from Nov. 11 to 22, 2024. Winners will be announced on Dec. 10, 2024. One entry per eligible nonprofit. Photos that are blatantly promotional and depict a brand or products of commercial value will be disqualified, as will AI-generated images or photos that have been altered or combined with other images or text. Photos must be appropriate for all audiences. When applicable, a signed photo release form is required. Visit insurancefornonprofits.org/photo-contest for a complete list of contest rules and conditions. About Nonprofits Insurance Alliance Nonprofits Insurance Alliance (NIA) is the nation’s leading property and casualty insurer exclusively serving nonprofit organizations. Founded in 1989 in Santa Cruz, CA, NIA is a social enterprise developing the long-term sustainability of the nonprofit sector. NIA has one of the best customer retention rates in the industry. NIA members enjoy fair and equitable insurance prices, specialized coverage, and innovative risk management and member services. The NIA brand is comprised of Alliance Member Services (AMS) and three AM Best A (Excellent) rated insurers: Nonprofits Insurance Alliance of California (NIAC) Alliance of Nonprofits for Insurance, RRG (ANI) National Alliance of Nonprofits for Insurance (NANI) All organizations under the NIA brand are 501(c)(3) nonprofits. Learn more about Nonprofits Insurance Alliance at insurancefornonprofits.org. Contact Details NIA Marketing & Communications editor@insurancefornonprofits.org Company Website https://insurancefornonprofits.org

October 22, 2024 10:28 AM Pacific Daylight Time

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Comcast Provides $45,000 to Create Journalism Scholarship at Cabrillo College in Santa Cruz

Comcast California

Comcast announced today it will contribute $45,000 to Cabrillo College in Santa Cruz to establish the Comcast Journalism Scholarship. The Comcast Journalism Scholarship is being established to support Cabrillo College Journalism students, who participate in local internships, with the goal of enhancing their educational opportunities, future job prospects and overall career development. Students who intern for a news organization or for an organization or business where their role involves marketing, public relations or creating content are eligible. Scholarship awards range from $600 to $2,400. “These scholarships are an invaluable part of our students' development, allowing them to apply what they learn in the classroom to practical situations, develop their professional skills, and gain critical insights into the world of journalism,” said Matt Wetstein, Cabrillo College President. “Comcast will not only open doors for them but also contribute to shaping the future of responsible and effective journalism in Santa Cruz County and beyond.” To qualify for this scholarship, students must meet the following criteria: Must be a Cabrillo Journalism student, enrolled in any of Cabrillo's Journalism courses Students should be enrolled or have completed the advanced writing class, Journalism 23, or be on the staff of the Voice student newspaper Must participate in a local media, non-profit or marketing internship Must complete application and include portfolio of published works The application deadline for the Winter semester is Monday, December 9, 2024 at 5:00pm. Recipients will be notified of their awards by December 16, 2024. The application form can be found here. About Comcast Corporation Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company. From the connectivity and platforms we provide, to the content and experiences we create, our businesses reach hundreds of millions of customers, viewers, and guests worldwide. We deliver world-class broadband, wireless, and video through Xfinity, Comcast Business, and Sky; produce, distribute, and stream leading entertainment, sports, and news through brands including NBC, Telemundo, Universal, Peacock, and Sky; and bring incredible theme parks and attractions to life through Universal Destinations & Experiences. Visit www.comcastcorporation.com for more information. Contact Details Comcast Joan Hammel +1 925-519-4874 joan_hammel@comcast.com Company Website https://california.comcast.com/

October 22, 2024 09:00 AM Pacific Daylight Time

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Adro Teams Up with Shorelight to Improve Access to Banking Services for International Students in the US

Adro

Adro, a technology company offering no-fee checking and savings accounts, along with the Adro World Mastercard, is excited to announce its newest collaboration with Shorelight, the world’s largest platform supporting international student success in the United States. The two companies are teaming up to provide international students and workers moving to the US with seamless access to essential financial services prior to their arrival. Shorelight, renowned for its comprehensive support services—including academic and admissions support, visa assistance, and career development—boasts a market presence in over 200 countries, a network of 9,000+ distribution points across agencies, schools, and counselors, and has the largest portfolio of US university collaborations in the world. This collaboration marks a significant milestone for Adro, which recently announced it had already welcomed customers from 110+ countries after launching earlier this year. "We are thrilled to collaborate with Shorelight. They are a world leader in providing admissions support and services to ensure the success of international students arriving in the US. Adro's ability to support international students in opening their first US account before arrival, through a fast and efficient sign-up experience, naturally complements Shorelight's existing services," said Amarildo Gjondrekaj, Founder and CEO of Adro. Gautam Bazaz, Head of Corporate Development at Shorelight, added, "Shorelight believes that every student deserves a chance at success in their academic journey. And, they are more likely to achieve their aspirations when they have confidence about what their US experience will be, before they move to the US. By working with Adro, our students can access reliable, affordable, and secure banking services, including access to funds in the US at a critical point in their lives." Adro's checking, savings and credit card for internationals offer a range of benefits, including: No SSN, ITIN, or credit check required for sign-up $0 fees on all incoming wire transfers $0 foreign exchange fees No monthly fees and no minimum balance requirements This collaboration underscores the commitment of both Adro and Shorelight to empower international students with the tools and support they need to succeed academically and financially in the United States. -- About Adro Adro is a technology company helping internationals unblock access to financial services so they can live like a local. Based in New York, Adro has raised a $1.5M pre-seed and is backed by investors who deeply believe in equal access and opportunity for newcomers arriving in the US. Adro was selected to join the 2024 Hudson Valley Venture Hub Accelerator at SUNY New Paltz. Adro is a graduate of Westchester County’s Element 46 Tech Accelerator and a member of CELA Innovation. To learn more, visit www.joinadro.com. About Shorelight Shorelight is a leading international student platform focused on international student support in the United States. The company connects international students, universities, and service providers to drive student enrollment and performance at scale. They do this so that a more globally diverse population can educate themselves and prosper for generations to come. Together, we help Educate the World. For more information, visit www.shorelight.com. Contact Details Adro Katherine Wong Too Yen marketing@joinadro.com

October 22, 2024 09:06 AM Eastern Daylight Time

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