Dream Payments, a leading financial technology (fintech) company that provides a cloud-based mobile payment platform for merchants and financial institutions, today announced it won first place at VentureClash, a global investment challenge for fintech and digital health companies held on Thursday, October 20, at Yale University in New Haven, Connecticut. This distinction among top early-stage …
Dream Payments, a leading financial technology (fintech) company that provides a cloud-based mobile payment platform for merchants and financial institutions, today announced it won first place at VentureClash, a global investment challenge for fintech and digital health companies held on Thursday, October 20, at Yale University in New Haven, Connecticut. This distinction among top early-stage fintech companies from around the world has venture capital (VC) firms taking notice.
One of almost 200 contenders to enter the challenge, Dream Payments presented to a broad judging panel of venture capitalists and innovation experts from leading firms — including Canaan Partners, Kepha Partners, OAK HC/FT and Point72 Ventures. These experts picked Dream Payments over 10 other finalists from the U.S., Belgium, England, France, Hong Kong, Ireland and Israel.
The US$1.5 million award for finishing first will help to further fuel the growth of Dream’s market share and accelerate the company’s entry into the United States, one of the largest financial services markets in the world.
“VentureClash 2016 began with a pool of close to 200 very promising companies and ended up selecting the 11 best as finalists,” said Matt McCooe, CEO of Connecticut Innovations. “Dream Payments had a clear business model, an excellent growth plan and a fantastic team, which garnered them first place in our global challenge. We look forward to helping Dream Payments establish their presence in the U.S. and facilitating a soft landing for them in Connecticut.”
VentureClash helps transform top early-stage companies into the next generation of world-class leaders. It was developed by Connecticut Innovations (CI), which provides venture financing and ongoing support for innovative companies in Connecticut. In addition to an investment, awardees benefit from introductions to a network of potential customers, investors, mentors and talent.
“It is an honour to be the winner of VentureClash as the caliber of finalists was incredibly strong. This is a significant milestone for Dream Payments as it further validates Dream’s market approach and position as an emerging global fintech leader,” said Brent Ho-Young, CEO of Dream Payments. “CI is a tremendous platform to help accelerate our move to becoming a world-class leader in our industry. Their work is also really bolstering Connecticut as a global innovation hub.”
To arrange a meeting with Dream Payments at Money 20/20, which takes place in Las Vegas from Monday, October 24 to Wednesday, October 26, please email info@dreampayments.com.
About Dream Payments
Dream Payments is a financial technology company that enables financial institutions to quickly create and deliver mobile financial services to business customers. Dream connects financial institutions, merchant acquirers, retailers and value-added apps to deliver services that meet the demands of today’s businesses. Dream’s turnkey solution includes mobile point-of-sale (POS) applications, payment terminals, remote device management, customer onboarding and secure payment processing. Dream is the world’s only mobile platform that enables Interac® debit and chip & PIN credit card payment terminals to be sold off-the-shelf. Dream is headquartered in Toronto, Ontario. For more information about Dream Payments, please visit dreampayments.com.
One of almost 200 contenders to enter the challenge, Dream Payments presented to a broad judging panel of venture capitalists and innovation experts from leading firms — including Canaan Partners, Kepha Partners, OAK HC/FT and Point72 Ventures. These experts picked Dream Payments over 10 other finalists from the U.S., Belgium, England, France, Hong Kong, Ireland and Israel.
The US$1.5 million award for finishing first will help to further fuel the growth of Dream’s market share and accelerate the company’s entry into the United States, one of the largest financial services markets in the world.
“VentureClash 2016 began with a pool of close to 200 very promising companies and ended up selecting the 11 best as finalists,” said Matt McCooe, CEO of Connecticut Innovations. “Dream Payments had a clear business model, an excellent growth plan and a fantastic team, which garnered them first place in our global challenge. We look forward to helping Dream Payments establish their presence in the U.S. and facilitating a soft landing for them in Connecticut.”
VentureClash helps transform top early-stage companies into the next generation of world-class leaders. It was developed by Connecticut Innovations (CI), which provides venture financing and ongoing support for innovative companies in Connecticut. In addition to an investment, awardees benefit from introductions to a network of potential customers, investors, mentors and talent.
“It is an honour to be the winner of VentureClash as the caliber of finalists was incredibly strong. This is a significant milestone for Dream Payments as it further validates Dream’s market approach and position as an emerging global fintech leader,” said Brent Ho-Young, CEO of Dream Payments. “CI is a tremendous platform to help accelerate our move to becoming a world-class leader in our industry. Their work is also really bolstering Connecticut as a global innovation hub.”
To arrange a meeting with Dream Payments at Money 20/20, which takes place in Las Vegas from Monday, October 24 to Wednesday, October 26, please email info@dreampayments.com.
About Dream Payments
Dream Payments is a financial technology company that enables financial institutions to quickly create and deliver mobile financial services to business customers. Dream connects financial institutions, merchant acquirers, retailers and value-added apps to deliver services that meet the demands of today’s businesses. Dream’s turnkey solution includes mobile point-of-sale (POS) applications, payment terminals, remote device management, customer onboarding and secure payment processing. Dream is the world’s only mobile platform that enables Interac® debit and chip & PIN credit card payment terminals to be sold off-the-shelf. Dream is headquartered in Toronto, Ontario. For more information about Dream Payments, please visit dreampayments.com.
Featured
MARKETS
COMMODITIES
Commodities | |||
---|---|---|---|
Gold | 1825.32 | +4.83 | |
Silver | 20.82 | +0.01 | |
Copper | 4.11 | +0.01 | |
Palladium | 1953.00 | +20.00 | |
Platinum | 957.50 | +10.50 | |
Oil | 107.74 | +1.61 | |
Heating Oil | 3.77 | +0.04 | |
Natural Gas | 7.72 | -0.02 |
DOWNLOAD FREE REPORTS
BROWSE COMPANIES BY SECTOR
- Agriculture Investing
- Phosphate Investing
- Potash Investing
- Base Metals Investing
- Copper Investing
- Iron Investing
- Lead Investing
- Nickel Investing
- Zinc Investing
- Battery Metals Investing
- Cobalt Investing
- Graphite Investing
- Lithium Investing
- Manganese Investing
- Vanadium Investing
- Critical Metals Investing
- Magnesium Investing
- Rare Earth Investing
- Scandium Investing
- Tantalum Investing
- Tellurium Investing
- Tungsten Investing
- Energy Investing
- Oil and Gas Investing
- Uranium Investing
- Gem Investing
- Diamond Investing
- Industrial Metals Investing
- Aluminum Investing
- Chromium Investing
- Coal Investing
- Molybdenum Investing
- Tin Investing
- Precious Metals Investing
- Gold Investing
- Palladium Investing
- Platinum Investing
- Silver Investing
- 3D Printing Investing
- Bitcoin Investing
- Blockchain Investing
- Cleantech Investing
- Cloud Investing
- Cryptocurrencies
- Data Investing
- Emerging Tech Investing
- Artificial Intelligence Investing
- Mobile Investing
- Robotics Investing
- Fintech Investing
- Gaming Investing
- Esports Investing
- Nanoscience Investing
- Graphene Investing
- Nanotech Investing
- Security Investing
Featured stocks
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.