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INTERNATIONAL BUSINESS MACHINES CORPORATION

(IBM)
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International Business Machines : Volve Chosen for IBM Hyper Protect Accelerator Program

09/21/2021 | 07:53am EDT

The program has a strong focus on data security, a major focus of Fintech and financial services providers.

Singapore-based Fintech firm, Volve, announced today that they have been selected for IBM's Hyper Protect Accelerator Program, a program that supports early-stage companies focusing on data security.

The IBM Hyper Protect Accelerator Program works with entrepreneurs handling sensitive information whose companies are less than five years old. Volve was selected for partnership with IBM out of 210 applicants spanning 49 countries around the world.

"We are extremely excited to be partnering with IBM to enhance and further develop the security protocol of our expense management solution," said a representative for Volve. "It's an honor to be selected for this competitive accelerator program."

Volve's embedded finance solution allows businesses to pay, manage, and track expenses anytime, from anywhere, with automated expense reporting, receipt tracking, and matching, all managed through user-friendly AI-powered apps.

Benefits of Joining the IBM Hyper Protect Accelerator Program

Participation in IBM's Accelerator Program is considered an exclusive opportunity that provides:*Exposure to leaders in data security who have helped scale enterprise-level business in over 20 sectors *Partnership with one of the world's most reliable providers of cloud-based security and AI-driven innovation *Networking opportunities with disruptors in the data-security space

"As we continue to develop our AI-driven expense reporting solution, our customer's data security is at the forefront of our roadmap." continued Volve's representative. "Partnering with IBM is an incredible opportunity to leverage insights from some of the greatest minds working in data security to help inform our application's security enhancements over time."

About Volve

Volve's spend management platform makes it easier than ever to track business spending in real-time using physical and virtual corporate prepaid cards and our expense management software. Volve's software streamlines your entire business expense cycle from payment to reconciliation, so you can save time and personnel resources in having to track down expense documents.

To learn more about Volve, visit www.volve.cc.

Media Contact

Company Name: Volve Solutions Pte Ltd

Contact Person: Media Relations

Email: hello@volve.cc

Country: Singapore

Website: https://volve.cc/

Source: www.abnewswire.com

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(C) 2021 M2 COMMUNICATIONS, source M2 PressWIRE

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Financials (USD)
Sales 2021 74 691 M - -
Net income 2021 5 526 M - -
Net Debt 2021 46 811 M - -
P/E ratio 2021 23,2x
Yield 2021 5,14%
Capitalization 115 B 115 B -
EV / Sales 2021 2,16x
EV / Sales 2022 2,09x
Nbr of Employees 345 900
Free-Float 39,8%
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Mean consensus OUTPERFORM
Number of Analysts 16
Last Close Price 127,88 $
Average target price 150,50 $
Spread / Average Target 17,7%
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Managers and Directors
Arvind Krishna Chairman & Chief Executive Officer
James J. Kavanaugh Chief Financial Officer & Senior VP-Operations
Juan Antonio Zufiria Senior VP-Global Technology Services
Kathryn W. Guarini Chief Information Officer
Michael L. Eskew Lead Independent Director
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