VEMANTI GROUP INC - VMNT STOCK NEWS

Vemanti Group's subsidiary, VinHMS, has expanded its regional presence in Southeast Asia, adding new customer deployments in Thailand, Cambodia, and the Philippines. This expansion brings VinHMS's operations to five countries, including Singapore and Vietnam. The company's CiHMS platform has been implemented in various hotels, including Hotel Zing in Thailand, an undisclosed client in Manila, and the Elite Hospitality and Management group in Cambodia.

VinHMS's technology enables hotels to unlock new revenue streams through additional products and improved guest experiences. The platform's flexibility allows it to adapt to both large 5-star hotels and smaller budget accommodations. This expansion aligns with Vemanti's vision of delivering cutting-edge hospitality solutions across Southeast Asia and is expected to drive strong sales growth in the second half of the year.

Vemanti Group signed a three-year, automatically renewable revenue-sharing agreement with Vinpearl to deploy its CiHMS platform for Vinpearl’s new homestay brand, StaynFun. This collaboration aims to enhance revenue growth and establish Vemanti as a leader in hospitality innovation.

VinHMS, a Vemanti subsidiary, will introduce AI-driven digital concierge services to boost guest satisfaction and create new revenue streams. The platform will manage short-term rental operations, leveraging AI features like facial recognition, virtual ID, real-time analytics, automated customer support, efficient housekeeping, and predictive maintenance.

StaynFun aims to offer high-quality, short-term rental solutions across Vietnam, with VinHMS expecting over $1M in annual recurring revenue. The partnership underscores Vinpearl's commitment to luxury and technological innovation.

Vemanti Group, Inc. announced a groundbreaking partnership between its subsidiary, VinHMS, and Swiss-Belhotel International to implement digital infrastructure for the Epic Tower Swiss-Belresidences in Hanoi, Vietnam. The collaboration aims to enhance guest experiences and operational efficiency, solidifying VinHMS's position in the hospitality technology sector.

Vemanti Group, Inc. announces the successful acquisition of VinHMS Pte. , a technology solutions provider specializing in digital transformation for the hospitality industry across Southeast Asia. The strategic move aims to position Vemanti as a leader in the hospitality technology sector, with a focus on operational capabilities, market expansion, and revenue growth. VinHMS's cloud-based platforms, powered by AI and ML, offer innovative solutions for hotel operators, showcasing a strong track record in the industry. The acquisition signifies a significant step towards market leadership and sustainable value creation.

Vemanti Group (OTCQB: VMNT) announced a significant milestone with the signing of a Stock Purchase Agreement to acquire Devblock Technologies, achieving 100% ownership. This strategic acquisition is aimed at enhancing Vemanti's capabilities in the differentiated digital banking sector in Southeast Asia, specifically targeting SMEs. Devblock, based in Seattle, specializes in AI, machine learning, and blockchain technologies, and has established a strong track record with major industry players like Microsoft and Amazon. The deal, set for completion in Q2 FY2023, aligns with Vemanti's vision of becoming a leading neobank in the region, leveraging Devblock's expertise to accelerate its neobanking strategy.

Vemanti Group, Inc. (OTCQB: VMNT) has announced a partnership with Finastra International Ltd. to create Southeast Asia's first SME-focused neobank, beginning in Vietnam. Utilizing Finastra's core banking solution, Fusion Essence, Vemanti aims to enhance financial inclusion for SMEs by offering innovative finance products. Traditional finance often fails to meet SME needs, leaving many unable to access necessary funds. The partnership also incorporates Lendscape's technology for invoice and supply chain finance, facilitating small loans and improving credit decision-making. This strategy seeks to position Vemanti as a key player in the region’s emerging financial services sector.

Vemanti Group (OTCQB: VMNT) has partnered with PVcomBank to launch a pilot digital lending program aimed at supporting Small and Medium-sized Enterprises (SMEs) in Vietnam. This initiative targets the significant gap in short-term working capital loans for SMEs, which currently lack viable financing options. The program will kick off with a unique financing product for US-bound exporters, providing loans based on trade receivables. The initiative aims to streamline the loan approval process, making it quicker and more accessible for SMEs.

Vemanti Group (OTCQB: VMNT) announced an equity investment agreement with Alpha Sigma Capital Fund for up to $2 million. This investment aims to accelerate Vemanti's business initiatives, reinforcing its strategy to expand digital financial products in emerging markets, starting in Southeast Asia. The partnership seeks to bridge the gap between traditional and decentralized finance, facilitating growth for underserved SMEs. Alpha Sigma's expertise and network are set to enhance Vemanti's mission of improving financial inclusion.

Vemanti Group (OTCQB: VMNT) has entered a 10-year partnership with Vietnam Public Joint-stock Commercial Bank (PVcomBank) to launch a neobanking solution tailored for SMEs in Vietnam. This digital-first platform will leverage cloud computing, AI, and blockchain technologies, allowing businesses to access banking services online while also offering physical branch support. The collaboration aims to address the financial needs of the rapidly growing SME sector in Vietnam, which contributes over 41% of the country's GDP.