Market Newsdesk

NEW YORK, Dec. 14, 2020 /PRNewswire/ — Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm headquartered at the Empire State Building in New York City, is investigating InterPrivate Acquisition Corp. (“InterPrivate” or the “Company”) (IPV) relating to its proposed merger with Aeva, Inc. Under the terms of the acquisition agreement, InterPrivate will acquire Aeva through a reverse merger that will result in Aeva emerging as a public company.

The investigation focuses on whether InterPrivate Acquisition Corp. and its Board of Directors violated securities laws and/or breached their fiduciary duties to the Company by 1) failing to conduct a fair process, and 2) whether and by how much this proposed transaction undervalues the Company.

Click here for more information:
 

https://www.monteverdelaw.com/case/interprivate-acquisition-corp

.
It is free and there is no cost or obligation to you. 

About Monteverde & Associates PC

We are a national class action securities litigation law firm that has recovered millions of dollars and iscommitted to protecting shareholders from corporate wrongdoing.   We were listed in the Top 50 in the 2018 and 2019 ISS Securities Class Action Services Report. Our lawyers have significant experience litigating Mergers & Acquisitions and Securities Class Actions.  Mr. Monteverde is recognized by Super Lawyers as a Rising Star in Securities Litigation in 2013, 2017-2019, an award given to less than 2.5% of attorneys in a particular field.  He has also been selected by Martindale-Hubbell as a 2017-2019 Top Rated Lawyer.  Our firm’s recent successes include changing the law in a significant victory that lowered the standard of liability under Section 14(e) of the Exchange Act in the Ninth Circuit. Thereafter, our firm successfully preserved this victory by obtaining dismissal of a writ of certiorari as improvidently granted at the United States Supreme Court. Emulex Corp. v. Varjabedian, 139 S. Ct. 1407 (2019).  Also, in 2019 we recovered or secured six cash common funds for shareholders in mergers & acquisitions class action cases.

If you own common stock in InterPrivate Acquisition Corp. and wish to obtain additional information and protect your investments free of charge, please visit our website or contact Juan E. Monteverde, Esq. either via e-mail at [email protected] or by telephone at (212) 971-1341.

Contact:
Juan E. Monteverde, Esq.
MONTEVERDE & ASSOCIATES PC
The Empire State Building
350 Fifth Ave. Suite 4405
New York, NY 10118
United States of America
[email protected]
Tel: (212) 971-1341

Attorney Advertising. (C) 2020 Monteverde & Associates PC. The law firm responsible for this advertisement is Monteverde & Associates PC (www.monteverdelaw.com).  Prior results do not guarantee a similar outcome with respect to any future matter.

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SOURCE Monteverde & Associates PC

NEW YORK, Dec. 14, 2020 /PRNewswire/ — Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm headquartered at the Empire State Building in New York City, is investigating Fauquier Bankshares, Inc. (“Fauquier” or the “Company”) (FBSS) relating to its proposed merger with Virginia National Bankshares Corp. Under the terms of the agreement, Fauquier’s shareholders will receive 0.6750 shares of Virginia National common stock per share.

The investigation focuses on whether Fauquier Bankshares, Inc. and its Board of Directors violated securities laws and/or breached their fiduciary duties to the Company by 1) failing to conduct a fair process, and 2) whether and by how much this proposed transaction undervalues the Company.

Click here for more information:
 

https://www.monteverdelaw.com/case/fauquier-bankshares-inc

.
It is free and there is no cost or obligation to you.

About Monteverde & Associates PC
We are a national class action securities litigation law firm that has recovered millions of dollars and iscommitted to protecting shareholders from corporate wrongdoing.   We were listed in the Top 50 in the 2018 and 2019 ISS Securities Class Action Services Report. Our lawyers have significant experience litigating Mergers & Acquisitions and Securities Class Actions.  Mr. Monteverde is recognized by Super Lawyers as a Rising Star in Securities Litigation in 2013, 2017-2019, an award given to less than 2.5% of attorneys in a particular field.  He has also been selected by Martindale-Hubbell as a 2017-2019 Top Rated Lawyer.  Our firm’s recent successes include changing the law in a significant victory that lowered the standard of liability under Section 14(e) of the Exchange Act in the Ninth Circuit. Thereafter, our firm successfully preserved this victory by obtaining dismissal of a writ of certiorari as improvidently granted at the United States Supreme Court. Emulex Corp. v. Varjabedian, 139 S. Ct. 1407 (2019).  Also, in 2019 we recovered or secured six cash common funds for shareholders in mergers & acquisitions class action cases.

If you own common stock in Fauquier Bankshares, Inc. and wish to obtain additional information and protect your investments free of charge, please visit our website or contact Juan E. Monteverde, Esq. either via e-mail at [email protected] or by telephone at (212) 971-1341.

Contact:
Juan E. Monteverde, Esq.
MONTEVERDE & ASSOCIATES PC
The Empire State Building
350 Fifth Ave. Suite 4405
New York, NY 10118
United States of America
[email protected]
Tel: (212) 971-1341

Attorney Advertising. (C) 2020 Monteverde & Associates PC. The law firm responsible for this advertisement is Monteverde & Associates PC (www.monteverdelaw.com).  Prior results do not guarantee a similar outcome with respect to any future matter.

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SOURCE Monteverde & Associates PC

NEW YORK, Dec. 14, 2020 /PRNewswire/ — Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm headquartered at the Empire State Building in New York City, is investigating Vesper Healthcare Acquisition Corp. (“Vesper” or the “Company”) (VSPR) relating to its proposed merger with The HydraFacial Company. Under the terms of the merger agreement, Vesper will acquire HydraFacial through a reverse merger that will result in HydraFacial becoming a public company.

The investigation focuses on whether Vesper Healthcare Acquisition Corp. and its Board of Directors violated securities laws and/or breached their fiduciary duties to the Company by 1) failing to conduct a fair process, and 2) whether and by how much this proposed transaction undervalues the Company.

Click here for more information:
 

https://www.monteverdelaw.com/case/vesper-healthcare-acquisition-corp

.
It is free and there is no cost or obligation to you.

About Monteverde & Associates PC

We are a national class action securities litigation law firm that has recovered millions of dollars and iscommitted to protecting shareholders from corporate wrongdoing.   We were listed in the Top 50 in the 2018 and 2019 ISS Securities Class Action Services Report. Our lawyers have significant experience litigating Mergers & Acquisitions and Securities Class Actions.  Mr. Monteverde is recognized by Super Lawyers as a Rising Star in Securities Litigation in 2013, 2017-2019, an award given to less than 2.5% of attorneys in a particular field.  He has also been selected by Martindale-Hubbell as a 2017-2019 Top Rated Lawyer.  Our firm’s recent successes include changing the law in a significant victory that lowered the standard of liability under Section 14(e) of the Exchange Act in the Ninth Circuit. Thereafter, our firm successfully preserved this victory by obtaining dismissal of a writ of certiorari as improvidently granted at the United States Supreme Court. Emulex Corp. v. Varjabedian, 139 S. Ct. 1407 (2019).  Also, in 2019 we recovered or secured six cash common funds for shareholders in mergers & acquisitions class action cases.

If you own common stock in Vesper Healthcare Acquisition Corp. and wish to obtain additional information and protect your investments free of charge, please visit our website or contact Juan E. Monteverde, Esq. either via e-mail at [email protected] or by telephone at (212) 971-1341.

Contact:
Juan E. Monteverde, Esq.
MONTEVERDE & ASSOCIATES PC
The Empire State Building
350 Fifth Ave. Suite 4405
New York, NY 10118
United States of America
[email protected]
Tel: (212) 971-1341

Attorney Advertising. (C) 2020 Monteverde & Associates PC. The law firm responsible for this advertisement is Monteverde & Associates PC (www.monteverdelaw.com).  Prior results do not guarantee a similar outcome with respect to any future matter.

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SOURCE Monteverde & Associates PC

Highly Accomplished Business Leader and Philanthropist has been a Long-Time Board Member and Supporter of Mercy Ships and its Work to Bring Hope and Healing to the World’s Most Disadvantaged Peoples

GARDEN VALLEY, Texas, Dec. 14, 2020 /PRNewswire/ — Mercy Ships, the global healthcare charity that through a fleet of first-class hospital ships provides free medical and healthcare services to the world’s most disadvantaged peoples, today announced that Ruben S. Martin, III, has been elected Chairman of the Board of Directors of Mercy Ships International (“MSI”) effective January 1, 2021. A highly accomplished business leader for more than four decades, Mr. Martin has been a long-time supporter of Mercy Ships and a Director of MSI for the past decade and, since 2018, has also served as Chairman of the Board of Mercy Ships Operations, the global operations subsidiary of MSI. As Chairman, he succeeds Myron E. (“Mike”) Ullman, who has held the role for nearly 20 years and his retirement from MSI was announced separately today.

Most recently, Mr. Martin, 69, has played a key role in the work to launch the Global Mercy™, the world’s largest civilian hospital ship, which will more than double the capacity of Mercy Ships to deliver safe surgical care to people in need and provide medical training in the countries served by the organization.

Mr. Ullman said, “Since Ruben Martin joined our Board a decade ago, he has made invaluable contributions drawing from his deep knowledge of global business operations, including importantly in the marine sector, his personal faith and his commitment to philanthropy, and we are delighted that he will become Chairman.” He continued, “Today, Mercy Ships is a very strong organization, with an outstanding leadership team and Board, and it is well positioned for ongoing success in delivering on its mission.”

Tom Stogner, CEO of Mercy Ships, said, “Ruben Martin’s dedication to Mercy Ships is evident in all that he does to further our ability to bring hope and healing to those who need it most around the world. As we embark on this exciting period with the launch Global Mercy™ in 2021, I look forward to working with Ruben and our Board and benefitting from the invaluable counsel, insights and support they bring that enables us to continue to expand our impact.”

Mr. Martin said, “It is an honor to have the opportunity to Chair the Board of Mercy Ships, an organization that offers free, world-class healthcare and medical services provided by volunteers from 60 countries to the world’s most disadvantaged peoples. The passion, faith, and dedication of all at Mercy Ships is an inspiration and I look forward to expanding my work for this unique and exceptional organization.”

Mr. Martin serves as Chief Executive Officer of both Martin Midstream GP LLC, the General Partner of Martin Midstream Partners (NASDAQ: MMLP) and Martin Resource Management Corporation. Martin Midstream owns and operates a number of companies engaged in tank truck transportation, fertilizer production, and marine inland and offshore vessel transportation, with 1,600 employees around the world and combined annual revenue of approximately $1.5 billion. Mr. Martin has served in various capacities within the Martin Companies, which was founded by his parents, since he was sixteen. In addition to the Martin companies, Mr. Martin is involved in various other business activities including a Mack truck dealership business as well as a start-up drone manufacturing business, which he has developed into a multimillion-dollar business, Martin UAV, LLC. 

Mr. Martin is also an active philanthropist. In addition to his work at Mercy Ships, he serves as President of Paula Martin Jones Charities, Inc., a charitable organization formed in honor of his late sister, focused on youth opportunity programs built upon four pillars: intellectual, social, physical, and spiritual. He is also deeply involved in his community, serving on many civic boards throughout the State of Texas, and has been honored widely for his work.

Mr. Martin holds a Bachelor of Science degree in industrial management from the University of Arkansas. He and his wife Sue have been married for 47 years and have two daughters and four grandchildren.

ABOUT MERCY SHIPS:

Mercy Ships uses hospital ships to deliver free, world-class healthcare services, capacity building, and sustainable development to those with little access in the developing world. Founded in 1978 by Don and Deyon Stephens, Mercy Ships has worked in more than 55 developing countries, providing services valued at more than $1.7 billion and directly benefitting more than 2.8 million people. Our ships are crewed by volunteers from over 60 nations, with an average of over 1200 volunteers each year. Professionals including surgeons, dentists, nurses, healthcare trainers, teachers, cooks, seamen, engineers, and agriculturalists donate their time and skills. With 16 national offices and an Africa Bureau, Mercy Ships seeks to transform individuals and serve nations. For more information click on www.mercyships.org

For More Information or Images of Ruben Martin and Myron Ullman, please contact:

Laura Rebouché
U.S. National Media Relations Director Mercy Ships
Office: +1 903.939.7000
Direct: +1 903.939.7137 
Email: [email protected] 
www.mercyships.org

For Int’l: Diane Rickard
International Media Relations Manager
Mercy Ships
[email protected] 
www.mercyships.org/press

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SOURCE Mercy Ships

CHARLESTON, S.C., Dec. 14, 2020 /PRNewswire/ — Blackbaud (NASDAQ: BLKB), the world’s leading cloud software company powering social good, continues to power colleges and universities around the country with its comprehensive Cloud Solution for Higher Education Institutions. Blackbaud has been the trusted technology partner for higher education institutions for decades as colleges and universities continue to rely on Blackbaud cloud solutions to drive efficiency, increase revenue and deepen engagement.

Throughout the COVID-19 pandemic, customers have been able to accomplish more with the Cloud Solution for Higher Education Institutions, trusting Blackbaud to power experiences across campus digitally, enabling colleges and universities to maintain business continuity remotely and garner critical donor engagement in this unprecedented year.

­”Change has been a defining constant this year, which has pushed us all to rethink how we transform challenges into opportunity and impact,” said Chris Krackeler, president and general manager, Blackbaud Higher Education Solutions. “We are proud to partner with our higher education customers not just to help them raise more money, but to also help them make an even greater impact across their campuses as they respond to the evolving environment.”

Blackbaud customers, including those using Blackbaud CRM™ and Raiser’s Edge NXT ^®, are expanding their core solutions with additional cloud capabilities. Examples include:

• Blackbaud Fundraiser Performance Management™ is helping institutions including University of North Georgia and University of Delaware improve the effectiveness of their fundraising programs with the use of predictive models, tools and benchmarking to guide strategy, navigate change and drive outcomes.
• Blackbaud Award Management™ is being used by institutions such as Cape Fear Community College, University of Wisconsin-Madison and University of South Carolina to improve student access to awards, create impactful stewardship practices and enhance cross-functional visibility throughout the scholarship process.
• Blackbaud Guided Fundraising™ is helping annual giving teams at institutions including South Dakota State University, Western Carolina University and Winthrop University strengthen alumni relationships, restore outreach momentum amid COVID-19 with agile, virtual engagement programs, and drive annual giving results.
• Blackbaud Financial Edge NXT^® is empowering institutions like UGA Athletic Association, UGA Research Foundation, University of Colorado Foundation, and University of South Florida Foundation, to streamline financial processes, efficiently manage scholarships and restricted funds, and eliminate manual tasks, saving time and resources.

“Blackbaud’s integrated cloud solutions allow us to work smarter and do our jobs more efficiently,” said Liz Shafer, accounting and database coordinator at Cape Fear Community College Foundation. “We’ve been able to eliminate many unnecessary additional steps and manual tasks.”

For more information about Blackbaud’s Cloud Solution for Higher Education Institutions, visit www.blackbaud.com/highered.  

About Blackbaud
Blackbaud (NASDAQ: BLKB) is the world’s leading cloud software company powering social good. Serving the entire social good community—nonprofits, higher education institutions, K–12 schools, healthcare organizations, faith communities, arts and cultural organizations, foundations, companies and individual change agents—Blackbaud connects and empowers organizations to increase their impact through cloud software, services, expertise and data intelligence. The Blackbaud portfolio is tailored to the unique needs of vertical markets, with solutions for fundraising and CRM, marketing, advocacy, peer-to-peer fundraising, corporate social responsibility, school management, ticketing, grantmaking, financial management, payment processing and analytics. Serving the industry for more than three decades, Blackbaud is headquartered in Charleston, South Carolina, and has operations in the United States, Australia, Canada, Costa Rica and the United Kingdom. For more information, visit  www.blackbaud.com or follow us on Twitter, LinkedIn, Instagram and Facebook.

Media Inquiries
[email protected]

Forward-looking Statements
Except for historical information, all of the statements, expectations, and assumptions contained in this news release are forward-looking statements that involve a number of risks and uncertainties, including statements regarding expected benefits of products and product features. Although Blackbaud attempts to be accurate in making these forward-looking statements, it is possible that future circumstances might differ from the assumptions on which such statements are based. In addition, other important factors that could cause results to differ materially include the following: general economic risks; uncertainty regarding increased business and renewals from existing customers; continued success in sales growth; management of integration of acquired companies and other risks associated with acquisitions; risks associated with successful implementation of multiple integrated software products; the ability to attract and retain key personnel; risks associated with management of growth; lengthy sales and implementation cycles, particularly in larger organization; technological changes that make our products and services less competitive; and the other risk factors set forth from time to time in the SEC filings for Blackbaud, copies of which are available free of charge at the SEC’s website at www.sec.gov or upon request from Blackbaud’s investor relations department. All Blackbaud product names appearing herein are trademarks or registered trademarks of Blackbaud, Inc.

 

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SOURCE Blackbaud, Inc.

SEATTLE, Dec. 14, 2020 /PRNewswire/ — Seabourn, the ultra-luxury resort at sea, has announced updated itineraries and schedule changes to its 2021 Alaska and British Columbia season between May and September 2021 on Seabourn Odyssey. The entire season will now consist of 18 seven-day voyages between Vancouver, Canada, and Juneau, Alaska, taking guests to the region’s most popular destinations, as well as hidden gems along the Inside Passage rarely visited by most cruise lines.

Seabourn revised the itineraries to operate on a seven-day basis to meet the requirements of the Framework for Resuming Cruise Ship Operations order issued by the U.S. Centers for Disease Control and Prevention (CDC) for sailings with U.S. port calls. To accomplish this, the line has changed its deployment to rotating seven-day north and southbound itineraries operating from Vancouver, British Columbia and Juneau, AK. A number of these voyages will feature the incredible Glacier Bay experience as Seabourn is one of the only ultra-luxury brands with permits to explore Glacier Bay.

“We’re dedicated to delivering an authentic ultra-luxury experience in one of the most spectacular regions in the world, including remote, pristine ports that are difficult to access if you’re not coming by Seabourn-sized ships,” said Josh Leibowitz, president of Seabourn. “At the same time, we are committed to meeting the CDC’s requirements to return to service and bring guests back to our ships in a safe and healthy model.”

Seabourn’s newly revised itineraries for its 2021 Alaska and British Columbia season will feature voyages carefully curated to provide guests with an in-depth and enriching experience in “The Great Land.” Each week-long cruise will include spectacular glacier experiences in places like Glacier Bay, Hubbard Glacier or Tracy/Endicott Arm. Voyages also include the popular Ventures by Seabourn program of expedition-style experiences led by the onboard expedition team. More information on the line’s Alaska season is available on Seabourn’s website.

The updated Alaska and British Columbia season will re-open for booking on the following dates:

Open for sale now:

• Seven-day “Glaciers & Alaska Inside Passage” – Vancouver to Juneau. Departure dates: May 28, August 6 and 20, 2021
• Seven-day “Alaska Fjords & Canadian Inside Passage” – Juneau to Vancouver. Departure dates: July 30, August 13, 2021

New Voyages open for sale on January 2, 2021:

• Seven-day “Alaska Fjords & Canadian Inside Passage” – Juneau to Vancouver. Departure dates: June 4 and 18; July 16; August 27; and September 10, 2021
• Seven-day “Glaciers & Alaska Inside Passage” – Vancouver to Juneau. Departure dates: June 11; July 9 and 23, and September 3, 2021
• Seven-day “Glacier Bay & Canadian Inside Passage” – Juneau to Vancouver. Departure date: September 10, 2021

As a result of the deployment changes, Seabourn’s revised 2021 Alaska and British Columbia season will begin on May 28, 2021, and therefore, the line has canceled two voyages: the Pacific Coastal sailing scheduled for May 15, 2021 and the Alaska voyage that was set to depart May 21, 2021.

Seabourn will be communicating changes and specific details to guests and their travel advisors on the affected voyages.

Seabourn is currently enhancing health and safety protocols with input from global health experts in response to COVID-19 and assessing how they may impact future itineraries. Actual offerings may vary from what is displayed in marketing materials or on our website. Click on the following links to stay updated on current Cruise Updates, Health & Safety protocols, and CDC Travel Advisories.

For reservations or more information about Seabourn, please contact Seabourn at 1-800-929-9391 or visit www.seabourn.com.

About Seabourn:
Ultra-luxury Seabourn currently operates a fleet of five modern ships with two under construction and is a proud member of World’s Leading Cruise Lines. The exclusive alliance also includes Carnival Cruise Lines, Holland America Line, Princess Cruises, Cunard Line, Costa Cruises, AIDA, P&O Cruises UK, and P&O Cruises Australia. Seabourn is a brand of Carnival Corporation and plc (NYSE/LSE: CCL and NYSE: CUK). Seabourn is the official cruise partner of UNESCO World Heritage under a multi-year agreement to help promote sustainable tourism at World Heritage sites around the world. Our highest responsibility and top priorities are compliance, environmental protection and the health, safety and well-being of our guests, crew, shoreside employees, and the people and communities our ships visit. 

Find Seabourn on Twitter, Facebook, Instagram, YouTube and Pinterest.

Notes to Editors:
Seabourn is consistently ranked among the world’s top travel choices by professional critics and the discerning readers of prestigious travel publications such as Departures, Travel + Leisure and Condé Nast Traveler.  Its stylish, distinctive cruising vacations are renowned for:

• Intimate ships with a private club atmosphere
• Intuitive, personalized service provided by staff passionate about exceeding guests expectations
• Curated voyages to all seven continents delivering award-winning experiences
• All ocean-front suites, luxuriously appointed
• Complimentary premium spirits and fine wines available on board at all times
• Welcome Champagne and complimentary in-suite bar stocked with your preferences
• Tipping is neither required, nor expected
• Finest resort at sea that is masterfully designed
• World-class dining, further enhanced through a culinary partnership with Chef Thomas Keller
• All dining venues are complimentary, dine where, when and with whom you wish
• Seabourn Conversations, connecting with visionary experts
• Ventures by Seabourn™, optional shore excursions, enhance and extend your experience in select destinations*^
• Select purposeful and sustainable travel experiences as the Official Cruise Partner of UNESCO*
• Spa & Wellness with Dr. Andrew Weil, featuring an exclusive mindful living program*
• An evening entertainment experience in collaboration with Sir Tim Rice†
• Committed to environmental stewardship and sustainability

*Optional programs, for additional charge
^Available on Seabourn Odyssey, Seabourn Sojourn, Seabourn Quest, Seabourn Encore, Seabourn Ovation
†Not available on board Seabourn Venture

Click-to-Tweet

: .@SeabournCruise announces updated itineraries and schedule changes to its 2021 Alaska and British Columbia season on #SeabournOdyssey, offering carefully curated 7-day voyages to deliver an experience of ‘The Great Land’ unlike any other: bit.ly/SBN-Alaska #SeabournsAlaska

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SOURCE Seabourn

SAN FRANCISCO and TORONTO, Dec. 14, 2020 /PRNewswire/ — DoorDash (NYSE: DASH) and Payfare are pleased to announce the launch of the DasherDirect platform, a banking solution for DoorDash delivery drivers (Dashers) offering a Business Prepaid Visa Card and mobile banking app. This marks DoorDash’s first-ever financial platform for Dashers, providing them with exclusive new rewards and more flexibility and control over their earnings.

DasherDirect, issued by Stride Bank and powered by Payfare, offers Dashers no-fee daily deposits of their DoorDash earnings, convenient digital banking functionality and cash-back rewards. 

DasherDirect is a card designed specifically for Dashers. With the DasherDirect Business Prepaid Visa Card, every day is payday, with earnings automatically added to the DasherDirect Visa Card daily at no cost to the Dasher. Dashers can check their balance, pay bills, transfer money, set savings goals and find no fee ATMs on the go— without worrying about overdraft fees or minimum account balance requirements. Dashers also earn 2% cash back on fuel at any station, any time.

“We are committed to providing innovative solutions for gig workers that drive financial inclusion, which is why we are thrilled to partner with DoorDash and announce this major initiative,” said Marco Margiotta, CEO of Payfare. “Since the inception of Payfare, we have quickly become a name synonymous with digital banking and instant payout solutions for the on-demand gig economy.”

With the launch of DasherDirect, Payfare and DoorDash are providing Dashers with greater economic freedom, security and financial opportunity by putting money directly into Dashers’ hands every day, free of charge. DasherDirect is now available to Dashers in select regions across the East Coast, with a full nationwide rollout planned for early 2021.

“Over seven million households in the U.S. are without a checking or savings account*, and with the support of our partners we’re proud to provide financial resources to more Americans looking for flexible earnings opportunities,” said Tony Xu, CEO and Cofounder of DoorDash. “This is a major step forward in introducing new tools to empower Dashers who count on DoorDash for reliable, independent and flexible work.”

This launch is part of DoorDash’s Main Street Strong Pledge to empower local communities, which includes enabling Dashers to achieve greater financial empowerment and meet their professional goals. Flexible work opportunities with low barriers to entry are more crucial than ever, which is why DoorDash launched a multi-year partnership with the National Urban League to create a first-of-its-kind program designed for underserved communities to help them attain new job skills and entrepreneurial success through financial literacy training, educational funding, job programs, and more. As part of the Pledge, DoorDash also announced a $12 million Dasher rewards program that will run through May 2021, and which will highlight and recognize the commitment of many dedicated Dashers across the globe.

“This is one of the best ideas DoorDash has had,” said Dasher Roland Pelletier. “The biggest thing I like is that there’s no fee for daily direct deposits, and with the DasherDirect program I have total control of the app and my experience with it so I know what’s in the bank. As a Dasher the gas savings are huge, and I plan to use the card for my daily expenses. At the end of the year, it’s going to be a lot easier to itemize my spending as a Dasher.”

“Economic empowerment requires a thorough understanding of financial transactions, credit building and savings,” National Urban League President and CEO Marc Morial said. “There is a critical need within the African-American community for pre-paid debit cards like Dasher Direct Prepaid Visa that eliminates onerous access fees for users to view their balance and access convenient ATMs. It’s a breath of fresh air when companies like DoorDash make a sincere effort to provide equal access to technology and financial empowerment.”

The DasherDirect app is available for iOS and Android mobile users on the Apple App Store and Google Play Store. The DasherDirect Business Prepaid Visa Card is issued by Stride Bank, N.A., member FDIC, pursuant to a license from Visa U.S.A. Inc. DoorDash, together with Payfare and Visa, will continue to add exclusive rewards to the DasherDirect program over the coming months.

For more information, please visit https://get.doordash.com/dasherdirect

* FDIC Survey of Household Use of Banking and Financial Services, 2019

About Payfare

Payfare is a global financial technology company powering digital banking and instant payout solutions for today’s workforce. Payfare partners with major platforms in the on-demand gig economy to drive financial inclusion and empowerment for next-generation workers. For further information please visit www.payfare.com or contact Payfare Media Relations at [email protected].

Payfare media contact:
Lindsey Abshire
(337) 772-8357
[email protected]

About DoorDash

DoorDash (NYSE: DASH) is a technology company that connects customers with their favorite local and national businesses in more than 4,000 cities and all 50 states across the United States, Canada, and Australia. Founded in 2013, DoorDash empowers merchants to grow their businesses by helping to solve mission-critical challenges, such as customer acquisition, on-demand delivery, insights and analytics, merchandising, payment processing, and customer support. By building the last-mile delivery logistics platform for local cities, DoorDash is bringing communities closer, one doorstep at a time. Read more on the DoorDash blog or at www.doordash.com.

DoorDash media contact:
[email protected]

 

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SOURCE Payfare