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Radius Bank Announces Changes to Executive Leadership Team

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Radius Bank, a forward-thinking digital bank, announced today key organizational changes to its executive leadership team.

Stephen Hunt has been promoted to Executive Vice President, Equipment Finance where he oversees a team responsible for the credit underwriting, transaction structuring, pricing, and documentation of indirect and direct originations. Hunt joined Radius in 2016 when the Bank acquired the equipment leasing division of NewStar Financial, Inc. He brings over 35 years of experience in equipment financing and leasing, having previously held positions at Banc of America Leasing, Eastern Bank, Bank Boston Leasing, EUA Cogenex Corp, and The CIT Group.

Brenda Mackey joins Radius as the new Executive Vice President of Institutional Banking and Cash Management. Mackey will manage the Institutional Bankings national sales team and relationship support unit, and also be responsible for expanding the focus and verticals the division serves. The department currently provides Deposit and Cash Management services, API Banking, and Escrow services for Commercial & Technology companies, Union/Labor pension & benefit funds, and non-profits. Prior to joining Radius, Brenda spent the last 9 years building and leading the Cash Management group, from both a product and sales prospective supporting both Commercial and Union/Labor clients, at East Boston Savings Bank. She previously held roles at Danversbank and Marblehead Bank.

It is an exciting time for Radius, says President and CEO, Mike Butler. Radius strives to provide a culture of growth and we are thrilled to have been able to promote Stephen. He has exemplified all the traits of an excellent leader, is well respected by his peers, and will make a great addition to our leadership team. Additionally, we couldnt be more thrilled for Brenda to join the Radius team. Her deep understanding of the Union space and in-depth knowledge of Cash Management solutions make her the ideal candidate for the role.

Both Stephen and Brenda will report to Mike Butler, President & CEO, and be based in Boston, MA.

About Radius Bank

With assets of approximately $1.6 billion, Radius Bank is a forward-thinking digital bank committed to providing a full complement of accounts and services to meet the banking needs of consumers and businesses nationwide. Radius provides the product depth of a national brand, the technology of a fintech, and the personalized attention typically reserved for a local bank to consumers, small and middle market businesses, unions, government entities and non-profit organizations. Named Best Online Bank 2020 by Bankrate and one of Best Online Checking Accounts for 2020 by Nerdwallet, Ascent, and NextAdvisor, the Banks award-winning digital banking platform allows consumer clients to bank from anywhere with a computer or mobile device and provides convenient features such as check deposit, bill pay, card management, and a personal financial management dashboard. Business clients enjoy a wide array of award-winning deposit products, advanced treasury management services, and loan and payment solutions. In addition, Radius suite of open APIs deliver a robust banking-as-a-service (BaaS) platform for fintechs to quickly access core banking features and build best-in-class financial solutions. Radius specializes in partnering with forward-thinking fintechs to provide white-label deposit products, cards, digital onboarding, and account management. Radius Bank is a member of the Federal Deposit Insurance Corporation and is an Equal Housing/Equal Opportunity Lender. For further information, visit the Bank’s website at radiusbank.com, or follow the Bank on Twitter, LinkedIn, Facebook, and Instagram.

Kathleen Barrett

[email protected]

617.728.7318

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HKGSEO Provides Free Website SEO Analysis and Consulting Services

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HONG KONG SAR – Media OutReach – 5 January 2021 – The COVID-19 epidemic has lasted for nearly a year. The sharp fall in the street traffic has been affecting core shopping districts everywhere. In addition, under the “Anti-epidemic Fund”, the Innovation and Technology Commission (ITC) launched the ” Distance Business (D-Biz) Programme subsidy. Increasing number of large and medium-sized enterprises have turned to the online market, setting up websites and opening online shops, in an effort to open up online sales channels to recover some of their businesses during the epidemic.

 

As many companies are not familiar with website technology, website optimization and SEO promotion are often ignored. In fact, SEO is one of the highest ROI of many online marketing channels and it is worthy of a long-term investment.

 

HKGSEO has performed SEO for more than 500 enterprises, with the SEO process bringing considerable traffic and sales to the companies. Leveraging on their years of experience, they now provide free website analysis (worth HK$2,000) for all content types. Here are some website analysis projects HKGSEO has engaged in:

 

CMS Web Content Management System

 

We recommend using the most popular CMS in the market to build a website. Well-known CMS such as WordPress, Wix, Shopline, and Shopify will make it easier to manage web content and make the website easier to crawl and index by search engines.

 

HKGSEO hence cautions against web design companies that use their own CMS. Generally speaking, these websites are not SEO friendly. For example, they might have undesirable attributes such as duplicate page titles, dynamic URLs, or category pages that cannot update new content, etc. These attributes are disadvantageous to implementing SEO plans, which ultimately leads to the redesigning of the entire website, resulting in a much higher cost.

 

SSL Website Security Certificate

 

If your website does not have an SSL certificate (HTTPS) installed, it will be marked as an insecure website by the browser, which will adversely affect the credibility and conversion rate. SSL should be installed immediately to protect customer information, especially for e-commerce websites. There are some free SSLs available on the market, such as Let’s Encrypt, with paid premium certificates recommendation by online shops.

 

Mobile Version of The Website

 

The latest personal computer and Internet penetration survey published by the Census and Statistics Department shows that more than 5.97 million people in Hong Kong have mobile phones, and 99.7% of the users access the Internet on smartphones, higher than those connected to computers or other devices. Besides, Google has launched the Mobile-First Indexing mobile version of content priority indexing. If your website does not have a mobile version, the ranking will be poor and a lot of traffic will be lost.

 

Website Loading Speed

 

According to research, more than 68% of viewers will leave a website when it takes more than 3 seconds to open. The main reason for the slow loading is the use of shared hosting or non-local hosting. Switching to local hosting, SSD or CDN can effectively improve the loading speed.

 

Website Content

 

Is the website content of high quality? Does it answer the questions of potential consumers? To build up the content, some corporate websites have piled up keywords, and some have published blog articles regularly. However the content of the articles is sometimes plagiarized from news media. Plagiarism makes search engines recognize the overall website quality as low, which will in turn affect the ranking.

 

Websites and online shops are platforms that promote businesses. An optimized website will reward twice the results with half the effort of both online and offline marketing campaigns combined.

 

Please log onto www.hkgseo.com, fill in the website, email and contact number, and our network promotion experts will reply within one working day and arrange a free SEO analysis and consultation.

 

About HKGSEO

HKGSEO focuses on website SEO services. It is founded and operated by former Google employees. The company is based in Hong Kong and has branches in Shenzhen, Singapore and Australia. It is committed to providing affordable, one-stop digital marketing solutions for small and medium-sized enterprises. Digital marketing solutions include: SEO, SEM, social media promotion and web design, etc.

 

Website (Chinese):www.hkgseo.com

Website (English):www.hkgdigital.com

Email:[email protected]

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DIT Group grew rapidly in 2020 with 72% increase in sales volume

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Speeding Up Business Expansion Nationwide by Signing Several Strategic Cooperation Agreements and Collaborating with CCRE Group

 

HONG KONG SAR – Media OutReach – 6 January 2021 – DIT Group Limited (“DIT” or the “Company” which together with its subsidiaries is referred to as the “Group”, SEHK stock code: 726), an innovative high-tech company specializing in businesses in the whole value chain of prefabricated construction in the People’s Republic of China (“PRC”), grew rapidly in 2020 in terms of operating results: its full-year production volume increased by 66% and sales volume rose by 72%. The rapid growth in the Group’s business scale was mainly attributable to strong market demand driven by Chinese government’s policies on fostering the country’s prefabricated construction industry. The growth was also due to the Group’s successful establishment of five green construction industrial parks during the year, including those in Dengfeng City, Zhumadian City, Luoyang City and Tongxu County in Henan Province, and Ding’an County in Hainan Province, and the completion and the launch of six green construction industrial parks in Zhoukou City and Tongxu County in Henan Province, Jiaozhou City in Shandong Province, Huai’an City and Nantong City in Jiangsu Province and Yuxi City in Yunnan Province.

 

The Group signed strategic cooperation agreements with a number of renowned enterprises in 2020, including JD.com Group, Jinke Property Group, Sunriver Holdings Group and Jujiang Construction Group, etc. The collaborations with the well-established companies have resulted in synergies which allow DIT Group to further expand its business and build up its business presence nationwide. This has also enhanced the Group’s capabilities of running businesses across the whole value chain of prefabricated construction and provided a stable source of orders for this year.

 

In July 2020, Mr. Wu Po Sum, the controlling shareholder of the Group, increased his shareholding in the Company for a consideration of approximately HK$303 million; in December 2020, Mr. Liu Weixing, the chairman of the board of directors and executive director of the Group, and Mr. Guo Weiqiang, the chief executive officer and executive director of the Group, increased their shareholdings in the Company for a total consideration of over HK$1.6 million. These moves reflected the confidence of the major shareholder and senior management in the prospects of the Group’s future development and its enterprise value. In addition, the Group adopted a stock option scheme in July 2020, under which a total of approximately 202 million stock options were granted to senior executives. This arrangement will bind together the interests of the employees and those of the Company and its shareholders tightly as it motivates the grantees to be more proactive at work, and can effectively retain and motivate the key talents, thereby promoting the long-term, steady development of DIT Group.

DIT Group is committed to becoming a leading solution provider for smart buildings. In 2020, the Group announced its new “Intelligent Construction of Home” strategy, which aims at creating an innovative model of running businesses in the whole value chain of prefabricated industry with synergy. The Group devotes itself to technological innovation along the whole value chain in such businesses as construction of smart residential buildings and promoting the development of the prefabricated construction industry. Meanwhile, the Group plans to set up a new business model for the whole value chain of the industry by developing a “turnkey” business model that encompasses design, intelligent prefabricated construction, landscaping service and interior decoration in the entire life cycle of a prefabricated construction project.

 

DIT Group’s chief executive officer and executive director Guo Weiqiang said, “DIT Group has been forging ahead with its business development and growing rapidly since it joined the family of the CCRE Group. It has been producing encouraging results. The Group will draw on the technological advantage afforded by the operation of businesses that span the whole value chain of prefabricated construction and will continue to collaborate with the CCRE Group to build its footholds across China more quickly. It will also actively develop new projects to explore the blue ocean in the market for prefabricated construction. Now that the state has adopted a policy on fostering the prefabricated construction industry, the Group is confident about its prospect and plans to expand its share of China’s market rapidly in three to five years. It will also commit itself to enabling consumers to enjoy a safer, comfortable life at smart residential buildings and contributing to China’s new type of urbanization and the modernization of the country’s construction industry.”

About DIT Group Limited

Headquartered in Changsha and Zhengzhou China, DIT Group Limited is an innovative high-tech enterprise that specializes in businesses throughout the entire value chain of prefabricated construction (PC). The company is listed on the main board of the Stock Exchange of Hong Kong Limited (stock code: 726.HK), and is also the first listed company in China’s PC industry.

 

The Group promotes the modernization of construction industry, and its businesses cover the entire value chain of the PC industry, including R&D, PC components manufacturing, franchise and consultation of PC plants, and manufacturing of intelligent PC equipment. The Group has already set up several smart PC equipment plants nationwide. It runs fifteen self-operated PC plants and several plants owned and operated by franchisees. 

 

By adopting the world’s first business model of combining engineering, manufacture, procurement and construction (EMPC), which is created by Drawin Group, DIT Group has been widely recognized by its clients for its technology and products. DIT Group has green construction industrial parks in over 45 cities in 22 provinces nationwide, providing service for projects under construction with a total site area of 6 million square meters in China.

 

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Shopmatic Set to Turn Cash Positive in 2021

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Achieves revenues of over $7M in 9 months (Apr-Dec 2020) while being EBITDA positive in line with its aim to be a $100M business by 2024

 

The Singapore based e-commerce enabler is in advanced discussions to close a Series B fund raise to fuel its aggressive growth plans

 

SINGAPORE – Media OutReach – 12 January 2021 – Shopmatic, leading international e-commerce enabler has registered revenues of over S$7M in 9 months – Apr-Dec2020 exceeding its targets by 40%. Riding on an upward trajectory with its recently launched range of tech-enabled solutions for the countries’ SME and entrepreneur sectors, Shopmatic turned EBITDA positive – a year earlier than originally projected.

 

The Company witnessed great demand from customers in Singapore, India, Malaysia & Hong Kong a testament to the digital wave which has been accelerated due to the effects of COVID-19.

 

In April 2020, when the initial faltering of the economy was felt due to the pandemic, Shopmatic focused its efforts on providing managed solutions through one of its locally acquired companies- CombineSell Pte Ltd. This move was to help move Singapore’s SMEs offline to online by providing them an opportunity to outsource their digital team.

 

In May 2020, Shopmatic introduced a special solution for grocery/ ‘kirana’ stores to go online – and found great adoption from businesses across India and Singapore.

 

The company witnessed 80 percent growth over the July-September quarter in transactions and GMV compared to the previous quarter, another testament to the digital wave, that fuelled e-commerce adoption by SMEs.

 

In December 2020, Shopmatic launched a whole new range of eCommerce solutions allowing individual entrepreneurs and SMEs to choose from 4 different ways to eCommerce via Shopmatic Chat, Shopmatic Social, Shopmatic Webstore, and Shopmatic Marketplaces.

During the last 9 months, Shopmatic as a group has enabled over 5000 Singaporean businesses to digitise and generate significant customer revenues by helping businesses sell through marketplaces, social media commerce, and their webstores.

 

The Company is now planning to expand to other countries in South East Asia this year and is in advanced discussions with several investors, for a Series B Fund Raise.

Speaking on what 2021 holds for Shopmatic, Mr. Anurag Avula, CoFounder & CEO, Shopmatic, said, “We are very happy that we were able to close 2020 on a hugely positive note and are now able to step into 2021 with even more aggressive plans to digitise local businesses and entrepreneurs in Singapore, India, Malaysia & Hong Kong.

We continue to make significant investments behind key resources to be able to drive our organisation to the next level and expand footprint into new markets in South East Asia. At Shopmatic, our focus is to build a sustainable & profitable business and we are delighted that we’ve been able to reach this significant milestone a year ahead of plan.”

“Very few companies have the tenacity and drive that the Shopmatic team has displayed, ever since it started. We are very impressed with the way the Company has been shaping up and investing behind innovations to help entrepreneurs digitise their business. The opportunity for digitalizing SMEs is now greater than ever and August One is proud to continue our support for Shopmatic in their next round of funding and beyond.” said Sameer Narula, Managing Partner, August One.

 

As an e-commerce solutions provider, Shopmatic brings several elements of the e-commerce landscape onto a single platform to help SMEs and individual entrepreneurs take their businesses online. From creating a customized online store, selling through social & chat commerce, selling on multiple marketplaces with integrated global payment options and shipping solutions, creating & promoting digital advertising, Shopmatic makes it easy for anyone to sell online. 

What started as a 3 member founding team, has now grown to a 120 member global team operating in India, Singapore, Malaysia, Hong Kong and other markets. The Company continues to drive innovation in e-commerce and promises to announce more offerings on its platform in the near future.

About Shopmatic

Founded in December 2014, Shopmatic has been driving game-changing solutions in the eCommerce space and has engineered itself to stay focused on helping its customers succeed.

It is the only e-commerce enabler to offer 4 different ways for businesses to do e-commerce- Shopmatic Chat, Shopmatic Social, Shopmatic Marketplaces and Shopmatic Webstore.

 

Under its disruptive transaction model, Shopmatic charges an annual hosting fee of SGD1/INR 50 and 3% of each successful transaction, while giving merchants access to the full-spectrum of omnichannel features to help them grow their business.

 

With several acquisitions – CombineSell in October 2019 and Octopus Retail Management in March 2019 – and partnerships PayU, OnlineSales.ai, UOB, Singapore and CIMB Bank, Malaysia  Shopmatic aims to give a greater chance to SMEs to enhance their omnichannel presence and conduct seamless business transactions online and offline through cutting-edge retail technologies.

 

From domain names to easy integrations with domestic and international payment gateways and shipping partners to getting discovered via a unique, curated platform- Shopmatic World & multiple marketplaces, to POS, Inventory Management, and CRM solutions, Shopmatic helps business owners manage the full spectrum of what is required to grow their business.

 

Shopmatic is headquartered in Singapore with a presence in India, Hong Kong, & Malaysia. The company is expanding to the rest of South East Asia, this year. 

 

During the COVID-19 lockdown, Shopmatic introduced tailored solutions for India’s Kirana stores, enabling them to create an online presence with pre-developed catalogs to help them create web-stores easily without the need for technical know-how or design experience. The platform also offered easy inventory management, secure and instant online payments, contactless delivery, and self-pickup options.

For more information on the Shopmatic Group, please visit www.goshopmatic.com

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