NoBid

NoBid Recognized on the OAREX 2024 H1 Top Programmatic Payors List

With a consistent track record of paying on time, NoBid received the Top Payor award for H1 2024.

 

CLEVELAND (September 18, 2024)— Today, OAREX, the provider of fast and flexible funding for digital media buyers and sellers, announced that NoBid was named as a Top Payor during the first half-year of 2024. NoBid and 19 other programmatic demand partners are being recognized for consistently disbursing on-time payments.

 

“Since our inception, NoBid has been committed to timely payments, and we are proud to be recognized by Oarex for this. We know how crucial timely payments are for all businesses, including our own, and we have made this a core principle in how we operate.” – Marc Ropelato, CEO, NoBid

 

The companies on the OAREX H1 2024 Top Payors list were successful in submitting on-time payments and met the following criteria:

• The payor is a programmatic partner.
• OAREX processed at least six payments from the payor during Q1 and Q2 2024.
• Payments received during Q1 and Q2 2024 were made within three days of the due date, with the exception of one late payment (a mulligan), which was paid no later than one week past the due date.

 

See the full list of the 24 Top Payors. oarex.com/top-payors/here-are-the-24-oarex-top-payors-for-h1-2024

 

“These Top Payors exemplified their commitment to downstream partners by ensuring cash flow expectations were consistently met through timely payments,” commented OAREX EVP Nick Carrabbia. “Even amid uncertainty and an ever-changing landscape, they continue to deliver for their partners and, ultimately, the ad tech industry as a whole.”

 

“Although the industry has faced challenges in recent years, including payment delays and failures, we have taken the necessary measures to prioritize our partners and consistently meet their expectations.” – Michael Hannon, CRO, NoBid

 

The OAREX H1 2024 Top Payors were identified using OAREX’s first-party data from the OAREX H1 2024 Digital Media and Advertising Payments Report, which revealed data and trends in the digital ad payment space.

 

CONTACT:

Michael Hannon, CRO NoBid – mi**@no***.io

 

Methodology 

When assessing a demand partner’s eligibility as a Top Payor, OAREX strictly consults its first-party data. This data is obtained directly from industry demand partners during the collection of payments made to OAREX on behalf of their clients. 

 

Three factors determine whether a company qualifies as a Top Payor. First, the payor must be a programmatic partner (excluding agencies, brands, and other manual payors). Second, OAREX must process at least six payments from the payor during the half-year period. Lastly, payors are allotted one payment up to a week late following the stated terms. Aside from that exception, OAREX must receive all other payments within three days of the stated due date.

 

About OAREX Capital Markets, Inc.

OAREX, the Online Ad Revenue Exchange, operates a digital revenue exchange where digital media businesses can exchange future revenue payouts for capital now. Established in 2013, OAREX has become a worldwide leader in financing for digital media businesses. East West Bank’s investment in OAREX is a testament to its model and the digital media industry as a whole. Visit oarex.com for more information, or visit go.oarex.com to open an account.

 

About NoBid

NoBid is a programmatic software technology company dedicated to helping businesses thrive by offering effective solutions for both publisher and advertiser monetization. With over 25 years of experience, NoBid consistently develops cutting-edge technologies to advance the digital advertising industry.