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KuCoin Türkiye Appoints New Deputy General Manager, Announces Grand Sponsorship of Istanbul Blockchain Week

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ISTANBUL, Aug. 14, 2024 /PRNewswire/ — KuCoin is pleased to announce that its Turkish collaborative partner, Kuturk Bilişim ve Teknoloji Anonim Şirketi, has achieved significant milestones in its operations and community engagement.

Key developments include:

  1.  Appointment of a new Deputy General Manager
  2. Grand sponsorship of Istanbul Blockchain Week

For comprehensive details regarding these exciting developments, please refer to the full announcement available below.

Kuturk Bilişim ve Teknoloji Anonim Şirketi (“KuCoin Türkiye“) is proud to announce the appointment of Rıdvan Bahadır as its new Deputy General Manager. This strategic appointment is part of KuCoin Türkiye’s ongoing commitment to providing secure, trusted, and locally tailored crypto services to the Turkish market.

Rıdvan Bahadır brings a wealth of experience to his new role, particularly in Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT). Prior to joining KuCoin Türkiye, Bahadır served as a public official at MASAK, the Financial Crimes Investigation Board under the Turkish Ministry of Finance and Treasury. His expertise in financial crime prevention and regulatory compliance will be instrumental in ensuring that KuCoin Türkiye adheres to the highest standards of security and compliance, further solidifying its position as a leading cryptocurrency platform in Türkiye.

“Joining KuCoin Türkiye as the Deputy General Manager, I am deeply committed to strengthening our role in upholding the highest standards of compliance and security. In today’s rapidly evolving crypto landscape, maintaining robust compliance is crucial not only for building trust but also for ensuring the long-term sustainability of our platform. I look forward to contributing to KuCoin Türkiye’s mission of providing secure, reliable, and innovative crypto services to the Turkish community.” – Rıdvan Bahadır, Deputy General Manager at KuCoin Türkiye.

In addition to this significant appointment, KuCoin Türkiye is also proud to announce its sponsorship of Istanbul Blockchain Week, one of the premier blockchain events in the region. This annual event, held in the vibrant city of Istanbul, brings together thought leaders, innovators, and enthusiasts from across the globe to discuss the future of cryptocurrency and Web3 technologies. As a sponsor, KuCoin Türkiye will provide a Networking Lounge where participants can rest, connect, and exchange insights. Attendees will also have the opportunity to meet with the KuCoin Türkiye team, engage in lively discussions, and participate in various activities.

For completeness, KuCoin Türkiye employs advanced technology licensed from KuCoin Global, a globally recognized leader in the cryptocurrency exchange space. This licensing arrangement allows KuCoin Türkiye to utilize the sophisticated technical solutions developed by KuCoin Global while maintaining its operational independence. The focus is on addressing the unique needs of Turkish users, positioning KuCoin Türkiye as the preferred platform for discovering emerging cryptocurrencies and navigating the dynamic digital asset landscape in Türkiye.

Footnote: Kuturk Bilişim ve Teknoloji Anonim Şirketi (“KuCoin Türkiye“) is not affiliated with KuCoin. KuCoin provides licensed technology support to Kuturk Bilişim ve Teknoloji Anonim Şirketi.

About KuCoin Türkiye

KuCoin Türkiye is designed to deliver trusted and secure cryptocurrency services tailored to the Turkish market. With a focus on compliance, security, and user engagement, KuCoin Türkiye is committed to helping Turkish users discover and invest in promising crypto projects.

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Fintech PR

Wahed appoints Khalid Al Jassim as Executive Chairman of Wahed MENA to help guide the strategic growth of Wahed in the region

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DOHA, Qatar, Nov. 24, 2024 /PRNewswire/ — Wahed, a global Shariah-compliant fintech, has appointed Khalid Al Jassim as Chairman of Wahed MENA.

On this appointment, Khalid commented, ”I am excited to guide Wahed’s growth in the region. Wahed’s mission of furthering Islamic Finance is one I resonate with deeply and I look forward to supporting its growth ambitions.”

Khalid has over twenty five years of investment banking and corporate advisory experience gained with some of the most innovative and groundbreaking institutions in the world.

His career spans leading firms including SABIC, Arthur Anderson and Arcapita Bank in Bahrain, where he was instrumental in making it into one of the PE powerhouses in the region. His responsibilities started in the earlier years with establishing the Investment Placement Team and transforming it into one of the most robust teams in the industry. At the time that Khalid left Arcapita to build his personal business, he was an Executive Director. Today he is Chairman of Afkar Vision, a private advisory house specialized in mergers and acquisitions with offices in Manama, Dubai and Riyadh.

As well as being one of the earliest investors in Wahed, he is currently Chairman of the Audit Committee and Board Member at Bahrain Islamic Bank, the 4th oldest Islamic Bank in the World and Board Member at SICO Bank and SICO Capital in Saudi, an $8bn asset manager in the region.

Mohsin Siddiqui, Wahed CEO said, “We are delighted to announce Khalid’s appointment. His unique understanding of the financial landscape in the MENA region is unparalleled and we are excited to bring this expertise in continuing to grow our presence in the region.”

About Wahed

Founded in 2015, Wahed is a financial technology company that is advancing financial inclusion through accessible, affordable, and values-based investing. The company has made significant inroads in the world Shariah compliant investing by creating an easy-to-use digital platform that provides a suite of Shariah compliant investing products including managed portfolios and venture and real estate investments. Wahed caters to over 400,000 customers globally and manages over $ 1 billion in assets.

For more information, visit: www.wahed.com

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Qatar Development Bank announces strategic investment in global Islamic FinTech, Wahed

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DOHA, Qatar, Nov. 24, 2024 /PRNewswire/ — Qatar Development Bank (QDB) announces a strategic investment in Wahed, a global Shariah-compliant fintech.

Wahed currently manages over $1 billion in assets and has attracted over 400,000 clients worldwide. The company is built on the principles of democratizing access to financial services and offers clients access to Shariah-compliant investments in its mobile app. Wahed removes the barriers to sophisticated investment management services that have been traditionally reserved for high-net-worth investors.

Khalid Al Jassim, Executive Chairman of Wahed MENA said: ‘We are delighted to welcome our new shareholders, QDB. We believe Qatar is fully aligned with our mission in creating a technology-first Islamic finance leader that unlocks a financial ecosystem free from Riba. We look forward to supporting the Qatar National Vision 2030 of becoming a leading knowledge-based economy.

Ali Rahimtula, Partner at Cue Ball Capital said: “Qatar Development Bank’s strategic investment is a clear signal of the faith the industry has in Wahed and its ability to create the future of Islamic Finance.”

About Wahed

Founded in 2015, Wahed is a financial technology company that is advancing financial inclusion through accessible, affordable, and values-based investing. The company has made significant inroads in the world Shariah compliant investing by creating an easy-to-use digital platform that provides a suite of Shariah compliant investing products including managed portfolios and venture and real estate investments. Wahed caters to over 400,000 customers globally and manages over $ 1 billion in assets.

For more information, visit: www.wahed.com

About Qatar Development Bank

Qatar Development Bank’s mission is to advance the economic and innovation development cycle of Qatar, supporting and contributing to the nation’s economic diversification. As well as a focus on the development of Qatar’s private sector, QDB is a powerful catalyst for socio-economic development in the country, empowering the local economy and bettering living standards.

For more information, visit: https://www.qdb.qa/

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China’s AIMA brand electric motorbike is now in Bangladesh

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DHAKA, Bangladesh, Nov. 23, 2024 /PRNewswire/ — With the popularity of electric vehicles in Bangladesh, the globally renowned AIMA brand has also arrived in Bangladesh. The esteemed DX Group has brought the AIMA F-626 to customers. This environmentally friendly battery-operated electric motorbike has already been approved by the Bangladesh Road Transport Authority (BRTA) now. 

In light of the increasing popularity of electric motorcycles in the country, the internationally-leading brand AIMA has entered the market. By the end of 2023, AIMA electric two-wheelers had established a presence in over 50 countries worldwide, with 11 global production bases, including overseas factories in Indonesia and Vietnam. In 2022, AIMA collaborated with Rob Janoff, the designer of the Apple logo, to refresh the brand’s VI system with a youthful and fashionable image. In 2023, AIMA teamed up with PANTONE, the global authority in color expertise, to create the trending color of the year. As an industry leader, AIMA spearheads the electric two-wheeler sector and showcases the prowess of a leading electric two-wheeler brand on a global scale. As of March 31, 2024, AIMA’s total electric two-wheeler sales had reached 80 million units, earning certification from Frost & Sullivan, a globally recognized business growth consulting firm, as the “Global Leading Electric Two-wheeler Brand”.

Over the years, AIMA has always been a product trendsetter in the electric two-wheeler sector. As of March 31, 2024, the total sales volume of AIMA electric two-wheelers reached 80 million, and Frost & Sullivan, a world-renowned market consulting company, awarded AIMA with the market status certification of the “Global Leading Electric Two-wheeler Brand (by Sales)”.

AIMA adhere to the customer-centered product philosophy and technologies that support long-term innovation and breakthroughs. We believe that the efficiency and modern technology of the AIMA F-626 will present an excellent alternative means of communication for our customers.

 

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