Fintech PR
Bitget Targets Middle East as Next Region for Business Expansion
VICTORIA, Seychelles, July 20, 2023 /PRNewswire/ — Bitget, top crypto derivatives and copy trading platform, has unveiled its expansion plans into the Middle East region. This will involve hiring 60 new staff members as part of the exchange’s overall global scaling strategy, which entails the advancement of crypto penetration and adoption across new audiences.
Bitget is preparing to launch representative initiatives in the Middle East, considering the region’s attractiveness as a prime hotbed of crypto activity. Among the countries the exchange is intending to explore are Bahrain and the UAE, including such as the crypto-friendly emirates of Dubai, Abu Dhabi, and Ras Al Khaimah. The expansion foresees the setting up regional headquarter, as well as the recruitment of new team members who will be assigned various mid-office and back-office functions.
Recent statistical data on MENA region crypto adoption indicates that it is home to the fastest-growing cryptocurrency industry, taking up a 9.2% share of global transactions in the period from 2021 to 2022. The UAE alone experienced 400% growth in the number of registered crypto businesses between 2020 and 2022, leading to a surge in global digital asset trading, accounting for 10% of global volume. In addition, the region saw a 300% increase in blockchain-related educational programs and accounts for as much as 8% of all mining hash rates.
“We hope to scale our Middle East team rapidly to support business growth, with between 30 to 60 hires over the next 2 years or more across the Middle East region. New team members will include various mid-office and back-office functions. We may consider selecting Dubai as an operational hub for the Middle East market. This move is not just about business, it is about our core values, which rest on advancing blockchain and crypto adoption worldwide,” as Gracy Chen, Managing Director of Bitget, commented on the announcement.
Bitget has already begun exploring license applications in order to operate in target Middle East markets. Gaining proper licenses and regulatory approval is a top priority to support expansion and allow the company to open regional offices.
Bitget has been scaling its operational reach globally in recent months, including the registration as VASP (Virtual Asset Service Provider) in Poland and similar crypto registration in Lithuania. The new expansion plan in the Middle East region comes on the heels of Bitget’s launch in Turkey earlier this year, which now boasts a full localization including its Turkish website, Bitget TR, to provide localized services for users in Turkey.
About Bitget
Established in 2018, Bitget is the world’s leading cryptocurrency exchange that offers Copy Trading services as one of its key features. Serving over 8 million users in more than 100 countries and regions, the exchange is committed to helping users trade smarter by providing a secure, one-stop trading solution. Bitget inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel Messi and official eSports events organizer PGL.
For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord
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WARSAW, Poland, Sept. 23, 2024 /PRNewswire/ — Flipster, a leading crypto derivatives trading platform, is excited to announce its Hamster Kombat Launch Airdrop Campaign, offering participants the chance to win a share of a 20,000 USDT prize pool. This exclusive event, set to take place from September 23 to September 25, 2024, provides users with the opportunity to collect daily reward chips, each contributing to guaranteed earnings.
Participants who gather all available chips throughout the campaign can unlock even greater rewards, including grand prizes of up to 1,000 USDT. The more actively engaged a user is during the event, the better their chances of securing larger payouts. With registration capped at 2,000 users, early participation is key to securing a place in this limited-time opportunity.
In addition, Flipster will also be listing the HMSTR token on September 26, allowing users to trade the official token of the popular Telegram-based tap-to-earn game, Hamster Kombat. This listing marks a significant milestone in expanding the ecosystem of the game, allowing traders and gamers alike to engage with this digital asset on the Flipster platform.
About Flipster
Flipster is among the fastest-growing crypto derivatives trading platforms, offering lightning-fast perpetual futures listings on the latest cryptocurrencies. The easy-to-use platform provides users with an all-in-one trading experience with leverage of up to 100x on over 250 tokens with high liquidity and zero trading fees. For media enquiries or interview requests with the team, please reach out to [email protected].
View original content:https://www.prnewswire.co.uk/news-releases/flipster-announces-hamster-kombat-launch-airdrop-campaign-with-20-000-usdt-prize-pool-302255415.html
DURHAM, N.C., Sept. 23, 2024 /PRNewswire/ — Avalara, Inc., a leading provider of tax compliance automation software for businesses of all sizes, today announced that after a thorough evaluation of Avalara’s strategies and capabilities, the company has been positioned in the Leaders Category in the IDC MarketScape: European Compliant e-Invoicing Solutions 2024 Vendor Assessment (doc #EUR151806424, September 2024).
“Avalara has an unwavering commitment to help organizations with their e-invoicing compliance needs today and into the future,” said Jayme Fishman, Chief Strategy and Product Officer at Avalara. “As the e-invoicing market grows, we’re continuously innovating and investing in solutions that scale with businesses every step of the way, meeting their regulatory needs with different modes of e-invoicing, from simple e-invoice transmission via an open network such as Peppol, to complex workflows and models, including pre-clearance and real-time reporting to tax authorities.”
Avalara E-Invoicing and Live Reporting (ELR) enables businesses to leverage a single API to exchange e-invoices and report data in real-time across various platforms and exchange networks and comply with country-specific mandates. Avalara ELR integrates into ERP and accounting software, ecommerce platforms, and other business systems via a single open API. This allows businesses to stay in compliance while exchanging invoices electronically on a regional or global basis.
“The complexity and volatility of e-invoicing regulations worldwide demand a single, comprehensive solution that can handle compliance across multiple countries,” said Edyta Kosowska, Program Manager at IDC. “By adopting a solution that has wide coverage and integrates seamlessly with finance and ERP systems, businesses can not only stay compliant but also unlock opportunities to automate processes and improve efficiency. Avalara ELR offers a way for organizations to reduce the burden of e-invoicing compliance while streamlining their operations through one unified platform.”
This recognition comes after Avalara was named a Leader in three previous IDC MarketScape reports:
- IDC MarketScape: Worldwide SaaS and Cloud-Enabled Sales and Use Tax Automation Software for Small and Midsize Businesses 2021 Vendor Assessment (doc #US47987521, October 2021).
- IDC MarketScape: Worldwide SaaS and Cloud-Enabled Sales and Use Tax Automation Software for Enterprise 2021 Vendor Assessment (doc #US47987421, October 2021).
- IDC MarketScape: Worldwide SaaS and Cloud Value-Added Tax Software 2021 Vendor Assessment (doc #US47987321, October 2021).
About Avalara
Avalara makes tax compliance faster, easier, more accurate, reliable, and valuable for 41,000+ business and government customers in over 75 countries. Tax compliance automation software solutions from Avalara leverage 1,200+ signed partner integrations across leading ecommerce, ERP, and other billing systems to power tax calculations, document management, tax return filing, and tax content access. Visit avalara.com to improve your compliance journey.
About IDC MarketScape
IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of technology and service suppliers in a given market. The research utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each supplier’s position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of technology suppliers can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective suppliers.
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Fintech PR
VeriPark Receives Microsoft Business Applications 2024/2025 Inner Circle Award and Joins Partner Advisory Council
LONDON, Sept. 23, 2024 /PRNewswire/ — VeriPark, a Microsoft Solutions Partner in the Financial Services Industry, has been selected for the Business Applications 2024-2025 Microsoft Inner Circle and the Microsoft Financial Services Partner Advisory Council.
Participation within Inner Circle is based on sales achievements that rank VeriPark in the top echelon of Microsoft’s Business Applications global network of partners. Inner Circle members are known for performing at a high-level by delivering innovative solutions that help organizations excel.
Ozkan Erener, CEO VeriPark: “We are honored to once again be recognized by Microsoft for our commitment to driving digital transformation for our clients. Partnering closely with Microsoft allows us to harness the latest technologies to revolutionize the Financial Services Industry. This recognition highlights the success of our collaborative strategy and execution.“
VeriPark first joined Microsoft’s Inner Circle in 2011 and has since provided innovative solutions that help financial institutions achieve a competitive advantage. By leveraging Microsoft’s platform, VeriPark continues to offer unparalleled services and solutions to its clients.
“Partners achieving the Inner Circle demonstrate an exceptional impact helping customers accelerate their AI and digital transformation with Dynamics 365 and Power Platform,” said Peter Jensen, Microsoft Business Application Partner Strategy Lead. “Microsoft AI Cloud Partner Program partners who achieve the Business Application Inner Circle distinction stand out for their deep AI, Cloud and Industry knowledge.”
Additionally, VeriPark’s selection for the Financial Services Partner Advisory Council highlights its role in shaping Microsoft’s financial services strategies and product roadmaps. As a PAC member, VeriPark will provide feedback on Microsoft’s financial services solutions and gain early insights into future roadmaps.
VeriPark is a global solutions provider enabling financial institutions to become digital leaders by placing Customer Experience at the core of digital transformation. VeriPark’s Intelligent Customer Experience suite delivers world class customer journeys on digital and assisted channels.
With its main offices located in the United Kingdom, Europe, North America, Asia, Africa and the Middle East, VeriPark helps financial institutions to enhance customer acquisition, retention and cross-sell capabilities. Their proven, secure, and scalable solutions cover Customer Engagement, Omni-Channel Delivery, Branch Automation, and Loan Origination. VeriPark collaborates with clients, crafting innovative technology strategies and solutions, that impact millions of people daily, bringing the promise of digital transformation to life.
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