Sam Altman Reportedly Explored Funding for Rocket Venture in Potential Challenge to SpaceX 
YouTube Agrees to Follow Australia’s New Under-16 Social Media Ban 
Amazon Italy Pays €180M in Compensation as Delivery Staff Probe Ends 
Microchip Technology Boosts Q3 Outlook on Strong Bookings Momentum 
Netflix Nearing Major Deal to Acquire Warner Bros Discovery Assets 
Michael Dell Pledges $6.25 Billion to Boost Children’s Investment Accounts Under Trump Initiative 
EU Prepares Antitrust Probe Into Meta’s AI Integration on WhatsApp 
USPS Expands Electric Vehicle Fleet as Nationwide Transition Accelerates 
Momenta Quietly Moves Toward Hong Kong IPO Amid Rising China-U.S. Tensions 
Australia Moves Forward With Teen Social Media Ban as Platforms Begin Lockouts 
Bristol Myers Faces $6.7 Billion Lawsuit After Judge Allows Key Shareholder Claims to Proceed 
Rio Tinto Raises 2025 Copper Output Outlook as Oyu Tolgoi Expansion Accelerates 
Tesla Faces 19% Drop in UK Registrations as Competition Intensifies 
Anthropic Reportedly Taps Wilson Sonsini as It Prepares for a Potential 2026 IPO 
Hikvision Challenges FCC Rule Tightening Restrictions on Chinese Telecom Equipment 
Airbus Faces Pressure After November Deliveries Dip Amid Industrial Setback 
Magnum Audit Flags Governance Issues at Ben & Jerry’s Foundation Ahead of Spin-Off 
SANTA CLARA, Calif., June 19, 2017 -- Sequent, one of the world’s leading providers of tokenization services, today announced that it has completed a $16 million Series C round of financing. The round of funding was led by TIS, part of TIS INTEC Group based in Japan, and supported by Sequent’s existing institutional investors including Opus Capital Partners, SBT Ventures and Jado Investments.
“The market for tokenization technology and services will only continue to grow in the coming years. Sequent’s comprehensive platform addresses the increasing need to provide trusted systems underlying the most threatened mobile environments and transactions,” said Fred Thiel, Sequent’s Chairman of the board. “This recent investment will help fund enhancements to the core products and continued growth in support of our growing global network of partners.”
About TIS
In addition to being a leading payments solution provider, TIS of TIS INTEC Group provides a number of IT solution services, including Data Center and Cloud solutions. Simultaneously, we are also arranging a global support system focused in the China and ASEAN regions, contributing to the development of our valued customers as a business partner of more than 3,000 companies in various industries such as finance, manufacturing, distribution in service, public, communication. For more details, please refer to http://www.tis.co.jp/.
About Sequent
Sequent Platform brings cards to mobile and makes them useful for consumers. Sequent enables banks, transit agencies, access control providers and any other issuer to securely digitize their credit, debit, transit, loyalty, or ID cards, distributing them to their own application or any others using the Sequent Platform. Sequent’s simple APIs empower the app developer community to bring cards to all apps on mobile, wearable, and other connected devices enabling consumers to make payments, redeem offers, open doors, and ride transit systems. Sequent Platform includes: Token Service Platform (TSP), Card and Wallet Management Platform, and Trust Authority. For more information, visit www.sequent.com, and follow us on Twitter @sequentsw.
Media Contact: Carol Felton InsightCirclePR for Sequent 408-807-3780, [email protected]
