NEW YORK, Dec. 9, 2015 /PRNewswire/ -- Earthport, the largest global Payment Network, today announced that it was added to NASDAQ's International Designation program, a new visibility offering made available to non-U.S. listed companies that offer Level 1 ADRs or shares that trade on the over-the-counter market.
Based in London, with offices in Dubai, Singapore, Miami and New York, Earthport is a cross-border Payment Network that brings its clients, some of the largest and most sophisticated financial brands globally, a competitive advantage by providing fast, cost efficient and transparent global payment services. The NASDAQ International Designation membership will provide Earthport with exposure to a wide array of NASDAQ's unique visibility assets for reaching clients, and resources to help the company target more U.S. investors.
"We are pleased to be included in NASDAQ's International Designation program," said Hank Uberoi, chief executive officer of Earthport. "We look forward to be working with Nasdaq to strengthen our U.S. footprint and allow U.S.-based investors easier access to investment in Earthport."
Member companies are not listed or traded on The NASDAQ Stock Market and are not subject to the same listing or qualification standards applicable to securities listed or traded on the exchange.
For more information, please visit: www.earthport.com.
Earthport is a regulated Payments Institution under the auspices of the UK Financial Conduct Authority (FCA), specialist in the provision of compliant payment services. A UK headquarter company at the vanguard of the digital economy, Earthport is revolutionising a decades old payments system to provide a faster, safer, lower cost way of making payments internationally. Earthport provides its client, some of the largest and most sophisticated financial brands globally, with access to a global Payment Network, maintaining local banking partnerships, through which client business is settled directly via local clearing to banked beneficiaries in over 60 countries. Its key investors include World Bank IFC, Oppenheimer, Henderson, Schroders and Blackrock.
Nasdaq (Nasdaq: NDAQ) is a leading provider of trading, clearing, exchange technology, listing, information and public company services across six continents. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 70 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to more than 3,600 listed companies with a market value of approximately $8.8 trillion and more than 10,000 corporate clients. To learn more, visit: nasdaq.com/ambition or business.nasdaq.com.