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NEW YORK, March 3, 2025 /PRNewswire/ -- SunCar Technology Group Inc. ("SunCar" or the "Company") (NASDAQ: SDA), an innovative leader in auto e-insurance and cloud-based B2B auto services in China, today announced its selection as the exclusive provider for the Visa Concierge Car Service Project, establishing a pivotal partnership with global payments leader Visa. This strategic alliance positions SunCar to deliver premium airport and high-speed rail transfer services to Industrial and Commercial Bank of China's (ICBC) high-net-worth cardholders nationwide, opening significant new revenue channels in China's lucrative premium services market. This partnership represents a substantial expansion of SunCar's addressable market, providing direct access to ICBC's coveted Platinum and Black Gold cardholders—an elite customer segment with individual assets exceeding $1.1 million and credit card spending limits above $275,000. "Securing this partnership with Visa, following their rigorous vendor evaluation process, validates our technology platform's superiority and service excellence," said Ye Zaichang, CEO of SunCar. "This high-profile collaboration enhances our market position with minimal additional capital expenditure, accelerating our path to increased shareholder value." The exclusive partnership leverages SunCar's established nationwide service network and proprietary cloud-based technology platform, allowing for rapid scaling with limited incremental costs. The company's advanced AI-powered dispatch system ensures optimal resource allocation, maintaining premium service levels while maximizing operational efficiency across China's first-tier and emerging city markets. China's premium services market continues to expand alongside the country's growing high-net-worth population, presenting substantial growth opportunities for well-positioned service providers. About SunCar Technology Group Inc. Founded in 2007, SunCar is transforming the customer journey for auto services and auto insurance in China, the largest passenger vehicle market in the world. SunCar develops and operates cloud-based platforms that seamlessly connect drivers with a wide range of auto services and insurance coverage options through a nationwide network of sales partners. As a result, SunCar has established itself as the leader in China in the B2B auto services market and the auto eInsurance market for electric vehicles. The Company's intelligent cloud platform empowers its enterprise clients to access and manage their customer database and offerings optimally, and drivers gain access to hundreds of services from tens of thousands of independent providers in a single application. For more information, please visit: https://suncartech.com. Forward-Looking Statements This press release contains information about the Company's view of its future expectations, plans and prospects that constitute forward-looking statements. Actual results may differ materially from historical results or those indicated by these forward-looking statements as a result of a variety of factors including, but not limited to, risks and uncertainties associated with its ability to raise additional funding, its ability to maintain and grow its business, variability of operating results, its ability to maintain and enhance its brand, its development and introduction of new products and services, the successful integration of acquired companies, technologies and assets into its portfolio of products and services, marketing and other business development initiatives, competition in the industry, general government regulation, economic conditions, dependence on key personnel, the ability to attract, hire and retain personnel who possess the technical skills and experience necessary to meet the requirements of its clients, and its ability to protect its intellectual property. The Company encourages you to review other factors that may affect its future results in the Company's annual reports and in its other filings with the Securities and Exchange Commission. Contact Information: SunCar:Investor Relations: Ms. Hui JiangEmail: IR@suncartech.comLegal: Ms. Li ChenEmail: chenli@suncartech.com U.S. Investor RelationsMatthew Abenante, IRCPresidentStrategic Investor Relations, LLCTel: 347-947-2093Email: matthew@strategic-ir.com
Dedicated website https://indonesiavoa.vfsevisa.id/ to complete application Group booking facility for travel agents and tour operators TOKYO, Feb. 28, 2025 /PRNewswire/ -- VFS Global's new Indonesia Electronic Visa on Arrival (e-VoA) platform, is now available for nationals of all the 97 countries eligible for e-VoA, including Japan. Travellers can now enjoy a quicker and smoother visa application journey through VFS Global and completing the entire process online and receiving a pre-approved e-VoA before departure. Saffar Muhammad Godam, Acting Director General of Immigration of the Republic of Indonesia, said, "We are committed to continuously improving immigration services, both in terms of quality and integrity. This partnership with VFS Global will help in ensuring that applicants receive seamless, reliable, and efficient service." Tato Juliadin Hidayawan, Director of Visa and Travel Documents, said, "The implementation of e-VoA, which is integrated with autogates, not only facilitates tourists but also reduces queues at airports, increasing the comfort and efficiency of immigration clearance. Additionally, this digital system reduces direct interaction between immigration officers and passengers, minimising the potential for abuse of authority." Jiten Vyas, Chief Commercial Officer and Head of Business Development, VFS Global, said, "The launch of this innovative, secure, and user-friendly digital e-Visa on Arrival platform for Indonesia will undoubtedly streamline the visa application process, making it faster, easier, and more convenient." 5 reasons to opt for an Indonesia e-VoA: 1) Easy to access and process: Foreign tourists can apply for an e-VoA through smartphones and complete the process in only 10 minutes if all required documents are uploaded correctly and completely. 2) User-friendly website interface: The website has a user-friendly interface that makes it easy for applicants to navigate. Applicants should make sure they have scanned copies of required documents such as passport biodata page, a 3x4 photo, and a round-trip flight ticket. 3) Convenient payment using credit cards: The e-VoA application system is designed to be easy to pay, allowing for online payment using credit cards, making it more practical and secure. 4) Easy immigration clearance at the airport: Foreign tourists who have obtained an e-VoA can proceed directly to immigration clearance via autogates without having to queue at the manual passport check counter. 5) Easy and flexible e-VoA extension: Foreign tourists who want to spend more time in Indonesia can easily extend their visa through the same system. The e-VoA extension can be done once and grants a stay period of 30 days. Media Contact PRecious Communicationsvfsglobal@preciouscomms.com
Dedicated website https://indonesiavoa.vfsevisa.id/ to complete application Group booking facility for travel agents and tour operators SEOUL, South Korea, Feb. 28, 2025 /PRNewswire/ -- VFS Global's new Indonesia Electronic Visa on Arrival (e-VoA) platform, is now available for nationals of all the 97 countries eligible for e-VoA, including South Korea. Travellers can now enjoy a quicker and smoother visa application journey through VFS Global and completing the entire process online and receiving a pre-approved e-VoA before departure. Saffar Muhammad Godam, Acting Director General of Immigration of the Republic of Indonesia, said, "We are committed to continuously improving immigration services, both in terms of quality and integrity. This partnership with VFS Global will help in ensuring that applicants receive seamless, reliable, and efficient service." Tato Juliadin Hidayawan, Director of Visa and Travel Documents, said, "The implementation of e-VoA, which is integrated with autogates, not only facilitates tourists but also reduces queues at airports, increasing the comfort and efficiency of immigration clearance. Additionally, this digital system reduces direct interaction between immigration officers and passengers, minimising the potential for abuse of authority." Jiten Vyas, Chief Commercial Officer and Head of Business Development, VFS Global, said, "The launch of this innovative, secure, and user-friendly digital e-Visa on Arrival platform for Indonesia will undoubtedly streamline the visa application process, making it faster, easier, and more convenient." 5 reasons to opt for an Indonesia e-VoA: Easy to access and process: Foreign tourists can apply for an e-VoA through smartphones and complete the process in only 10 minutes if all required documents are uploaded correctly and completely. User-friendly website interface: The website has a user-friendly interface that makes it easy for applicants to navigate. Applicants should make sure they have scanned copies of required documents such as passport biodata page, a 3x4 photo, and a round-trip flight ticket. Convenient payment using credit cards: The e-VoA application system is designed to be easy to pay, allowing for online payment using credit cards, making it more practical and secure. Easy immigration clearance at the airport: Foreign tourists who have obtained an e-VoA can proceed directly to immigration clearance via autogates without having to queue at the manual passport check counter. Easy and flexible e-VoA extension: Foreign tourists who want to spend more time in Indonesia can easily extend their visa through the same system. The e-VoA extension can be done once and grants a stay period of 30 days. Media Contact PRecious Communicationsvfsglobal@preciouscomms.com
Dedicated website https://indonesiavoa.vfsevisa.id/ to complete application Group booking facility for travel agents and tour operators SYDNEY, Feb. 28, 2025 /PRNewswire/ -- VFS Global's new Indonesia Electronic Visa on Arrival (e-VoA) platform, is now available for nationals of all the 97 countries eligible for e-VoA, including Australia. Travellers can now enjoy a quicker and smoother visa application journey through VFS Global and completing the entire process online and receiving a pre-approved e-VoA before departure. Saffar Muhammad Godam, Acting Director General of Immigration of the Republic of Indonesia, said, "We are committed to continuously improving immigration services, both in terms of quality and integrity. This partnership with VFS Global will help in ensuring that applicants receive seamless, reliable, and efficient service." Tato Juliadin Hidayawan, Director of Visa and Travel Documents, said, "The implementation of e-VoA, which is integrated with autogates, not only facilitates tourists but also reduces queues at airports, increasing the comfort and efficiency of immigration clearance. Additionally, this digital system reduces direct interaction between immigration officers and passengers, minimising the potential for abuse of authority." Jiten Vyas, Chief Commercial Officer and Head of Business Development, VFS Global, said, "The launch of this innovative, secure, and user-friendly digital e-Visa on Arrival platform for Indonesia will undoubtedly streamline the visa application process, making it faster, easier, and more convenient." 5 reasons to opt for an Indonesia e-VoA: 1) Easy to access and process: Foreign tourists can apply for an e-VoA through smartphones and complete the process in only 10 minutes if all required documents are uploaded correctly and completely. 2) User-friendly website interface: The website has a user-friendly interface that makes it easy for applicants to navigate. Applicants should make sure they have scanned copies of required documents such as passport biodata page, a 3x4 photo, and a round-trip flight ticket. 3) Convenient payment using credit cards: The e-VoA application system is designed to be easy to pay, allowing for online payment using credit cards, making it more practical and secure. 4) Easy immigration clearance at the airport: Foreign tourists who have obtained an e-VoA can proceed directly to immigration clearance via autogates without having to queue at the manual passport check counter. 5) Easy and flexible e-VoA extension: Foreign tourists who want to spend more time in Indonesia can easily extend their visa through the same system. The e-VoA extension can be done once and grants a stay period of 30 days. Media Contact PRecious Communicationsvfsglobal@preciouscomms.com
Aspire 聯同 Visa，為香港 36萬間中小企提供更便捷的商業金融方案。 香港 - Media OutReach Newswire - 2025年2月17日 - 總部位於新加坡的金融科技先驅 Aspire 正式發佈全新 Visa 公司卡，專為香港中小企業量身定制。透過提供高效且便捷的金融工具，Aspire 聯同 Visa 為香港企業打造更高效的經營環境，以迎接快速增長新時代。 中小企作為香港經濟的中流砥柱，但由於信用額度低、手續費高以及支出管理不透明，許多企業難以獲得公司卡等金融工具，導致很多企業主仍依賴個人帳戶處理業務資金。Aspire 全新推出的 Visa 公司卡，提供更簡單、更具成本效益的解決方案。 業務增長始終是中小企的首要目標，其中近 79% 計劃透過跨境交易擴展市場。Aspire Visa 公司卡支援多種貨幣，助企業實現無縫的跨境支付，以提升全球市場的蓬勃發展。透過 Aspire 的創新金融科技與 Visa 的全球支付網絡，企業可統一管理資金，確保交易安全迅速，輕鬆銜接全球市場。 Aspire 的聯合創辦人兼行政總裁 Andrea Baronchelli 表示：「與 Visa 攜手合作，標誌著 Aspire 在賦能全球創業者及中小企業方面邁出重要一步。本次合作將幫助企業發展，輕鬆簡化跨境的資金流動，並助其充滿信心地拓展業務版圖。」 Visa 香港及澳門區董事總經理梁普寧女士表示：「透過結合 Visa 的全球網絡和 Aspire 的一站式金融平台，Aspire Visa 公司卡將為中小企業提供全面的金融解決方案，讓他們在現今瞬息萬變且互聯互通的商業環境中蓬勃發展。此合作強化我們致力於為中小企業提供世界級支付方法的承諾，推動香港數碼經濟向前邁進。」 為慶祝全新 Visa 公司卡推出，凡於 2 月 28 日前透過https://aspireapp.com/zh-HK/lp/cashback-promo 註冊的新客戶，首筆 HKD 18,888 消費可享 8% 現金回贈。 借定唔借？還得到先好借！適用條款及細則：https://hs.aspireapp.com/hk-jan-2025-card-cashbackHashtag: #Aspirehttps://aspireapp.com/hkhttps://www.linkedin.com/company/aspireapp-global/發佈者對本公告的內容承擔全部責任
Aspire collaborates with Visa to streamline business finance for 360,000 small businesses in Hong Kong. HONG KONG SAR - Media OutReach Newswire – 17 February 2025 - Aspire, a leading fintech headquartered in Singapore, has announced the launch of its Visa corporate card tailored specifically for small and medium-sized businesses in Hong Kong. By providing access to powerful, user-friendly financial tools, Aspire and Visa are setting the stage for a new era of growth and efficiency in Hong Kong's business landscape. Aspire Launches Visa Corporate Card for Hong Kong Small Businesses Hong Kong’s SMBs, the backbone of its economy, often struggle with limited access to financial tools like corporate cards. Many Hong Kong business owners rely on personal accounts due to low limits, high fees, and poor expense visibility. Aspire’s new Visa card solves this by providing a user-friendly, cost-effective solution. As growth remains the top priority for SMBs, nearly 79% are focused on expanding through cross-border transactions. Aspire’s Visa card empowers Hong Kong SMBs to thrive in the modern global economy by offering access to multi-currency and seamless cross-border payments. By combining Aspire’s innovative technology with Visa’s global network, businesses can manage their funds with one account, ensuring reliable, secure, and fast transactions that are widely accepted worldwide. "Our partnership with Visa represents a significant leap forward in our mission to empower entrepreneurs and SMBs across the world,” said Andrea Baronchelli, Co-founder and CEO of Aspire. “This collaboration with Visa will enable businesses to grow, move money effortlessly across borders, and expand with confidence." “By bringing Visa's global network together with Aspire's all-in-one financial platform, the Aspire Visa corporate card offers a comprehensive financial solution for SMBs to thrive in today's dynamic and interconnected business environment,” said Paulina Leong, General Manager of Visa Hong Kong and Macau. “This collaboration reinforces our commitment to equipping SMBs with world-class payment methods that will help drive Hong Kong's digital economy forward.” To celebrate the launch, all new clients who sign up at https://aspireapp.com/hk/lp/cashback-promo before February 28th will get 8% cash-back on the first HKD18,888 spend. To borrow or not to borrow? Borrow only if you can repay! Terms and conditions apply: https://hs.aspireapp.com/hk-jan-2025-card-cashback. Hashtag: #Aspirehttps://aspireapp.com/hkhttps://www.linkedin.com/company/aspireapp-global/The issuer is solely responsible for the content of this announcement.AspireAspire is the all-in-one finance platform for modern businesses globally, helping over 50,000 companies save time and money with international payments, treasury, expense, payable, and receivable management solutions - accessible via a single, user-friendly account. Headquartered in Singapore, Aspire has 600+ employees across nine countries, clients in 30+ markets and is backed by global top tier VCs, including Sequoia, Lightspeed, Y-Combinator, Tencent and Paypal. In 2023, Aspire closed an oversubscribed US$100M Series C round and announced that it has achieved profitability.
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