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Vantage unveils significant impact of donation on UNHCR’s ongoing refugee support in Australia
SYDNEY, April 26, 2024 /PRNewswire/ — Leading multi-asset broker, Vantage Markets (or Vantage), is pleased to announce the ongoing impact of its contribution to support the protection and resettlement of refugees and stateless people in Australia. This follows its US$100,000 donation to UNHCR, the UN Refugee Agency in May 2023.
Australia’s refugee landscape presents complex challenges, with thousands seeking asylum and protection. UNHCR’s efforts, bolstered by Vantage’s support, have been instrumental in navigating these challenges and providing critical assistance to these individuals, by advocating for improved refugee and stateless protection, offering direct counselling support, and facilitating durable solutions for eligible refugees.
The impact of this partnership has been profound, touching the lives of approximately 788 refugees, internally displaced persons (IDPs), and returnees in 2023 alone. Of these, 119 individuals were successfully resettled from Australia to New Zealand, 39 found new homes in Canada and 19 individuals departed to the United States.
“Our collaboration with UNHCR underscores our commitment to creating a more inclusive and compassionate world,” said Jack Kelly, Head of Sales, Vantage Australia. “We are humbled to see how our partnership has enabled UNHCR to delicately navigate the complexities of refugee support, ensuring that every step taken is a step towards a better future.”
These efforts have resulted in meaningful changes in the lives of those in need. For instance, one woman from Iran, who had endured violence and social isolation due to severe post-traumatic stress disorder (PTSD), found solace through UNHCR’s support. With the funding support from Vantage, UNHCR had sufficient resources to support her mental health and complete the necessary interviews for resettlement to New Zealand. Today, she awaits the outcome of her application, hopeful for a brighter future.
Similarly, another Kurdish man, grappling with chronic PTSD and a life-threatening health condition, demonstrated remarkable resilience. Through UNHCR’s holistic support, he stabilised his mental health and was able to complete the extensive and detailed interviews to start his resettlement process. Today, he remains stable and hopeful for a new beginning.
“The completion of these activities has had a significant impact on the well-being and quality of life of refugees and asylum-seekers under UNHCR’s protection,” said a report compiled by UNHCR Australia. “By empowering them and fostering a sense of self-agency, these activities have offered a pathway for refugees and asylum seekers to regain some control over their lives. More importantly, this engagement has kept their options open for eventual resettlement, offering hope and a tangible pathway towards a brighter future.”
“We’re honoured to be supporting UNHCR’s efforts — the team is doing incredibly important work and we’re proud to be part of their journey,” said Kelly. “We hope that our initiative encourages more individuals and organisations to support UNHCR’s ongoing efforts and join in the mission of creating a more inclusive and compassionate world.”
About Vantage
Vantage (or Vantage Markets) is a multi-asset broker offering clients access to a nimble and powerful service for trading Contracts for Difference (CFDs) on Forex, Commodities, Indices, Shares, ETFs, and Bonds.
With over 13 years of market experience, Vantage transcends the role of broker, providing a trusted trading ecosystem, an award-winning mobile trading app, and a user-friendly trading platform that empowers clients to seize trading opportunities. Download the Vantage App on App Store or Google Play.
trade smarter @vantage
https://www.vantagemarkets.com/en-au/
Vantage Global Prime Pty Ltd (ACN 157 768 566) (“Vantage”), located at 12/15 Castlereagh Street, Sydney, NSW, Australia, 2000, and is authorised and regulated by the Australian Securities & Investments Commission (ASIC) AFSL no. 428901.
Trading derivatives carries significant risks. It is not suitable for all investors and if you are a professional client, you could lose substantially more than your initial investment. When acquiring our derivative products, you have no entitlement, right or obligation to the underlying financial assets. Past performance is no indication of future performance and tax laws are subject to change. The information on this website is general in nature and doesn’t take into account your personal objectives, financial circumstances, or needs. Accordingly, before acting on the advice, you should consider whether the advice is suitable for you having regard to your objectives, financial situation and needs. We encourage you to seek independent advice if necessary.
You should consider whether you’re part of our target market by reviewing our Target Market Determination (TMD), reading our Product Disclosure Statement (PDS), and other legal documents to ensure you fully understand the risks before you make any trading decisions. We encourage you to seek independent advice if necessary.
About UNHCR
UNHCR, the UN Refugee Agency, leads international action to protect people forced to flee because of conflict and persecution. The organization delivers life-saving assistance including shelter, food and water, helps to safeguard fundamental human rights and develops solutions that ensure people have a safe place to call home where they can build a better future. UNHCR also works to ensure that stateless people are granted nationality.
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French fintech Lydia launches digital banking app Sumeria
Lydia, a prominent French fintech company known for its innovative financial solutions, has taken a significant leap forward with the launch of its new digital banking app, Sumeria. This development marks a strategic expansion for Lydia as it continues to redefine the financial landscape in Europe and beyond.
About Lydia
Since its inception, Lydia has been at the forefront of fintech innovation in France, providing users with seamless and user-friendly payment solutions. The company has built a strong reputation for its mobile payment app, which allows users to send and receive money, pay for goods and services, and manage their finances with ease. With millions of users and a robust platform, Lydia is well-positioned to venture into the digital banking space.
Introducing Sumeria
Sumeria is Lydia’s latest offering, designed to cater to the growing demand for comprehensive digital banking solutions. The app aims to provide users with a full suite of banking services, all accessible from their smartphones. Key features of Sumeria include:
- Personal and Business Accounts: Sumeria offers both personal and business accounts, enabling users to manage their finances efficiently. The app supports a range of functionalities tailored to meet the needs of individual users and small to medium-sized enterprises (SMEs).
- Intuitive Interface: True to Lydia’s commitment to user experience, Sumeria boasts an intuitive and easy-to-navigate interface. Users can quickly access account information, transaction history, and various banking services with just a few taps.
- Comprehensive Financial Tools: Sumeria provides a range of financial tools designed to help users better manage their money. Features such as budgeting, expense tracking, and personalized financial insights empower users to make informed financial decisions.
- Security and Privacy: Lydia places a high priority on security, and Sumeria is no exception. The app incorporates advanced security measures, including biometric authentication and end-to-end encryption, to ensure that users’ financial data is protected.
- Integrated Payments: Leveraging Lydia’s expertise in payments, Sumeria integrates seamless payment solutions, allowing users to send and receive money instantly, pay bills, and make purchases directly from the app.
Strategic Implications
The launch of Sumeria represents a strategic move for Lydia, positioning the company as a formidable player in the digital banking arena. By expanding its product offering, Lydia aims to capture a larger share of the market and meet the evolving needs of its users. This initiative also reflects a broader trend in the fintech industry, where traditional payment service providers are evolving into comprehensive financial service platforms.
Market Impact
Sumeria’s entry into the market is poised to have a significant impact. With its user-centric design and robust feature set, the app is likely to attract a diverse user base, from tech-savvy millennials to SMEs seeking efficient banking solutions. Moreover, Sumeria’s integration with Lydia’s existing payment infrastructure provides a seamless transition for current Lydia users, further boosting its adoption.
Future Prospects
Looking ahead, Lydia plans to continually enhance Sumeria by adding new features and expanding its services. The company’s focus on innovation and customer satisfaction will be key drivers of Sumeria’s growth. Additionally, Lydia’s potential to scale Sumeria across other European markets presents a substantial opportunity for further expansion.
Source: fintechfutures.com
The post French fintech Lydia launches digital banking app Sumeria appeared first on HIPTHER Alerts.
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