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Top related persons:
Kennedy - 2 Bob Lenhard - 2 Lenhard - 2 Tim Mellon - 2 Robert F - 1 Kennedy Jr - 1 Tony Lyons - 1 vilify - 1
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Trump - 2 RFK Jr - 2 Democratic National - 1 PAC - 1 MAGA Inc - 1 NBC - 1 WASHINGTON - 1 — - 1

Search resuls for: "Lenhard"


4 mentions found


☆ DNC files complaint over RFK Jr. super PAC's efforts to put him on state ballots
  + stars: | 2024-02-09 | by ( ) www.cnbc.com   time to read: +3 min
The Kennedy-aligned super PAC American Values 2024 announced late last year that it would be investing eight figures to assist the signature-gathering efforts of Kennedy's campaign. According to the DNC complaint, that amounts to an illegal contribution from American Values 2024 to Kennedy's campaign, "in violation of federal law." The Kennedy campaign did not immediately respond to a request for comment. The campaign has previously denied coordinating with the super PAC on ballot access efforts. FEC filings show Mellon also donated $10 million to MAGA Inc., the main pro-Trump super PAC, last year.
Persons: Robert F, Kennedy Jr, Kennedy, Bob Lenhard, Lenhard, Tony Lyons, vilify, Lyons, Tim Mellon, Mellon, Gavin De Becker Organizations: Democratic National, PAC, Trump, MAGA Inc, NBC, RFK Jr Locations: Utah
☆ DNC Files Federal Complaint Alleging RFK Jr.'s Super PAC Is Working Too Closely With His Campaign
  + stars: | 2024-02-09 | by ( Associated Press | Feb. | At P.M. | ) www.usnews.com   time to read: +3 min
That's because, the DNC argues, many states — including Arizona, Illinois and Michigan — have rules that candidates or their campaigns be the ones collecting ballot signatures, meaning Kennedy's campaign will have to violate federal rules to meet state requirements. “They simply cannot comply with federal law and state law at the same time,” DNC legal counsel Bob Lenhard said on a conference call with reporters. Tim Mellon, a major donor to Donald Trump, gave American Values $15 million last year, according to federal filings. In December, a campaign watchdog group filed a complaint alleging that Never Back Down, a super PAC supporting Republican Ron DeSantis, was coordinating too closely with the Florida governor's since-suspended presidential campaign. But Linhart said the DNC took the unusual step of filing a complaint against Kennedy itself because what was occurring was “striking” and “dramatic” given that some states mandate candidates or their campaigns collect ballot signatures.
Persons: Robert Kennedy Jr, Kennedy, Bob Lenhard, Tim Mellon, Donald Trump, Joe Biden, Trump, ” Tony Lyons, Biden, Ron DeSantis, Linhart, ” Linhart Organizations: WASHINGTON, —, Democratic National Committee, Federal Elections Commission, White, Super PAC, DNC, RFK Jr, Biden, Democratic, Trump, Florida Locations: Arizona , Illinois, Michigan
☆ $5 billion fintech Zepz looks to take on rivals like PayPal with digital wallet, M&A plans
  + stars: | 2023-06-15 | by ( Ryan Browne | ) www.cnbc.com   time to read: +4 min
With a $5 billion valuation, Zepz is one of the largest fintech companies in Europe, backed by leading investors including Accel, TCV and Leapfrog. The company enables users to send money from a smartphone or computer to people abroad, who can receive it in their bank account, mobile wallet, or as a mobile airtime top-up. Lenhard didn't identify which companies Zepz was looking to buy, but said the sharp slump in private fintech valuations made it an attractive time to kick off M&A exploration. A particular focus for Zepz product-wise in the near term is digital wallets, Lenhard said, with the company planning to launch its first digital wallet "imminently." He added that he hopes the company's upcoming digital wallet product will convince customers to rely more on Zepz, rather than using competing digital banks and other financial apps which have grown their services to offer a much wider range of products.
Persons: Mark Lenhard, Zepz, It's, Lenhard, Sendwave Organizations: Getty, CNBC, Accel, Bank of England, Sky News, PayPal Locations: Europe, Western Union
☆ Western Union rival Zepz lays off 26% of employees as fintech cuts continue
  + stars: | 2023-05-16 | by ( Ryan Browne | ) www.cnbc.com   time to read: +2 min
Zepz, which owns the WorldRemit and Sendwave brands, has a total headcount of around 1,600. Money transfer group Zepz is laying off 420 employees, the company told CNBC exclusively, as the fintech sector grapples with a tough macroeconomic environment. The London-headquartered company began informing employees of the redundancies on Monday, with individual staff being told by their managers before larger communications were issued. Zepz, which owns the WorldRemit and Sendwave brands, has a total headcount of around 1,600, meaning the cuts translate to about 26% of its workforce. In June 2022, Zepz implemented redundancies affecting around 5% of its workforce, according to Sky News.
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