Fintech PR
Albert Gahfi, CEO of NewCo Capital Group and Co-CEO of Bizcap, Has Been Appointed to the Forbes Finance Council, Recognizing Him as a Leader in Global FinTech and Specialty Financing
NEW YORK, Aug. 27, 2024 /PRNewswire/ — Albert Gahfi, a proven enterprise-building Founder and CEO in the global FinTech and specialty financing sector, has been appointed to the prestigious Forbes Finance Council. This prestigious recognition highlights Gahfi’s remarkable contributions to the industry and his exceptional leadership in shaping the innovative financial solutions that empower small and mid-sized businesses worldwide.
As the Co-Founder and Managing Partner of Kings Cash Group, Gahfi oversaw its merger with an SEC-registered FinTech firm, fortifying its position as a market leader. His ventures extend further as the Co-Founder and CEO of NewCo Capital Group, Capytal.com, and NewCo Canada, where his strategic foresight has driven the successful expansion into international markets, including Australia, New Zealand and the United Kingdom through his involvement with Melbourne-based Bizcap.
Gahfi’s induction into the Forbes Finance Council highlights his exceptional skill in identifying, retaining, and empowering top talent within the multinational companies that he leads. Having a keen insight into human capital and partnership dynamics, Gahfi has fostered a culture of high-performing teams which have been instrumental in driving the success of the organization across five countries on three continents.
Reflecting on his induction into the Forbes Finance Council, Gahfi remarked, “Being recognized by Forbes is an extraordinary honor that underscores the impact we’ve made in the financial sector. NewCo and Bizcap’s achievements are a testament to our unwavering commitment to supporting small businesses while continuing to build innovative financial products and technologies. I am proud to be part of a community that is dedicated to excellence while supporting the growth of businesses across the globe.”
Under Gahfi’s leadership, NewCo Capital Group has established itself as a preferred provider in the specialty financing space. His unique approach to risk assessment—integrating advanced technology with deep industry expertise—has enabled NewCo to deliver rapid funding decisions and deploy capital efficiently, even in challenging economic environments. Formed during the height of the global pandemic, NewCo (and companies) have not only sustained their profitability but also exceeded expectations, with a collective deployment of $1.5 billion globally and service to over 35,000 clients, the companies maintain a robust financial position and are uniquely positioned for continued growth.
For more information on NewCo Capital Group and Albert Gahfi’s ongoing work in the FinTech and financing space, visit www.NewCoCapitalGroup.com.
Contact:
NewCo Capital Group
Email: [email protected]
Website: www.NewCoCapitalGroup.com
About Albert Gahfi:
Albert Gahfi is a renowned entrepreneur and leader in the FinTech and specialty financing industries. With a proven track record of building successful enterprises, Gahfi has co-founded and led multiple companies, including NewCo Capital Group and Capytal.com. His innovative approach to financing has revolutionized the way small and mid-sized businesses access capital, driving growth and success across the globe.
About Forbes Finance Council:
Forbes Finance Council is an invitation-only organization for senior-level executives in the finance industry. Members are recognized leaders and innovators in their fields, contributing insights and expertise to the broader financial community.
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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
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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View original content:https://www.prnewswire.co.uk/news-releases/wahed-appoints-khalid-al-jassim-as-executive-chairman-of-wahed-mena-to-help-guide-the-strategic-growth-of-wahed-in-the-region-302314779.html
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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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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View original content:https://www.prnewswire.co.uk/news-releases/chinas-aima-brand-electric-motorbike-is-now-in-bangladesh-302314773.html
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