Fintech PR
Telecom Industry Veteran Sam Saba Joins Mavenir to Lead Expansion in Asia Pacific
Reading Time: 3 minutes
Mavenir, a leader in accelerating software network transformation and transforming mobile network economics for communications service providers (CSPs), has appointed Sam Saba as Senior Vice President and Head of Asia Pacific region based out of the Sydney offices of the privately held US headquartered company. Mavenir offers a complete mobile network portfolio that is 100% software based, which paves the way for the affordable adoption of 5G services across the region. Having been a senior management figure for over two decades in the mobile telecommunications infrastructure business, Saba was enticed to join Mavenir as the industry’s only 100% end to end cloud based portfolio of solutions changes the mobile network operators economics through innovation.
Mavenir has virtualised core network and Access/RAN functions on open-interfaces and standard hardware platforms to bring solutions to the market that meet the 5G standard and provide feasible options for operators. By delivering end-to-end virtualised solutions from the core to the edge, Mavenir is redefining mobile network economics and is poised to disrupt the traditional equipment providers as a result, while helping operators succeed and deliver value inherent in the opportunities represented by 5G. A recent customer in Asia includes Rakuten Inc., Japan’s newest and most innovative mobile network, that will include Mavenir’s 5G ready platform which monetizes voice and messaging in a single application for least-cost roaming.
Saba has over 23 years of experience in telecommunications in Asia, and will be responsible for sales and customer engagement with the teams spanning five Mavenir offices across the region. The remit will be to re-define the mobile network economics by providing strategies and solutions for cost reduction, revenue generation and revenue protection.
Commenting on the appointment of Sam Saba to run the Asia Pacific business of Mavenir, President and Chief Executive Pardeep Kohli said, “Sam Saba brings considerable experience, his personal network and a tremendous track record in the telecommunications industry to Mavenir. We are delighted that he agrees that Mavenir represents the future in which virtualised solutions offer communication service providers new ways to add value to their subscribers in cost effective and rapid deployments.”
Saba established his industry credentials whilst working at Ericsson, a Swedish multinational networking and telecommunications company. Throughout his 23-year career, he held multiple senior Sales & Operations roles across SE Asia, Oceania & the Middle East regions and was in his last role the President of Ericsson Region Southeast Asia & Oceania between 2014 & 2017 based in Singapore.
Saba, said, “I want to play a role in the exciting Mavenir growth story. I believe that virtualisation of network architecture will herald a new era in telecommunications, ushering in the rapid and cost effective adoption of 5G in Asia Pacific. Mavenir is a disruptor and will be a key player in the transformation of the industry from deployment of expensive hardware to rapid activation of cost effective software solutions.”
Mavenir technology has received accolades around the world. The virtualized RAN solution won the 2019 5G MENA award and the 2018 TechXLR8 5G Asia Award for “Best RAN Product“ award for its innovative, flexible Cloud RAN solution as it can save operators 37% in total cost of ownership (TCO) over a five-year period due to a 49% reduction in capital expenditure and a 31% annual reduction in operating expenditure. The advanced 5G Core won the Leading Innovation award at 2019 NFV Europe event for its innovative architecture that makes multiple evolution options from 4G to 5G possible, providing a flexible solution regardless of where operators are in their transition process.
Slowing subscriber growth, regulatory intervention and intense competition place significant pressure on operators’ traditional mobile revenues demanding a new way to adopt new standards like 5G. With many ASEAN markets having youth as the largest segment of the population, strong desire for everything digital, and in many of these markets, the lack of legacy 4G infrastructure make them fertile ground for Mavenir’s virtualized Radio Access Network (vRAN) and cloud based portfolio. In other more mature markets like Japan and S. Korea, incumbent operators are being challenged by innovative companies like Rakuten, which is deploying technologies including virtualization, automation, machine-learning, and artificial intelligence as the new way to define and deliver unique services for mobile consumers, governments and enterprises.
SOURCE Mavenir
Fintech PR
Introducing Best Wallet – Where Users Can Access Bitcoin And Other Cryptocurrencies Easily and Securely
NEW YORK, Nov. 19, 2024 /PRNewswire/ — Best Web3 Inc. introduces Best Wallet, an easy-to-use crypto wallet that allows users to seamlessly buy, swap, receive, and sell cryptocurrencies like Bitcoin, Ethereum, Solana, and USDT.
Best Wallet supports thousands of cryptocurrencies on 50+ major blockchains, making it the best place for crypto users to access and manage their assets.
By pairing a simple, easy-to-use interface with enhanced features and the latest cutting-edge security measures, Best Wallet is the perfect place to start or elevate the crypto journey.
Benefit from simplified sign-up and wallet creation, powerful multi-wallet management, a curated crypto project directory, and many more sleek features.
Best Wallet is also a fully non-custodial crypto wallet, meaning users are in complete control of all their crypto assets. This means no one can freeze the funds, halt withdrawals, or access the account holder’s crypto without explicit permission.
Having already acquired more than 1,000,000 trusting customers, Best Wallet has completed its soft launch in style. Best Wallet aims to revolutionize the Web3 portfolio experience with exclusive offers and advanced tools.
The platform is powered by the $BEST token, which is currently in its ICO phase, exclusively through the ‘Upcoming Tokens’ feature in the Best Wallet app.
Best Wallet Features
Buy and sell Bitcoin and other cryptocurrencies:
Best Wallet has partnered with trusted third-party payment providers, to provide secure and easy access to Bitcoin and other cryptocurrencies within the Best Bitcoin Wallet.
Use it as a multi-chain crypto wallet:
Best Wallet offers multi-chain interoperability, meaning app users can transfer tokens between blockchains. Want to swap ETH for SOL? No problem – do so quickly and cheaply with Best Wallet.
Secure and easy to use:
Fully non-custodial, multi-chain wallet. No KYC is needed to create an account or use Best Wallet. Secured by Web3Auth.
Browse and buy new tokens with the Upcoming Tokens tab:
Explore and buy the newest and hottest tokens. Best Wallet provides our users with the most up-to-date information on the hottest upcoming tokens, allowing users to buy early and securely in-app.
Import existing wallets and create new wallets:
Import existing wallets and create new wallets, including a Best Bitcoin Wallet. Seamlessly manage all wallets within the decentralized Best Wallet app.
Best DEX:
Best DEX is the native decentralized exchange of the Best Wallet ecosystem that allows users to swap their crypto within the Best Wallet app and on the official website.
Best Wallet Roadmap
Portfolio Management (coming soon):
Best Wallet provides market-leading crypto portfolio management, allowing app users to track real-time profit or loss with quick views of purchase prices and current values. Label, order, and search for easy management of funds.
Market Insights (coming soon):
Best Wallet monitors market movements, providing real-time updates and data on price movements, token sentiment, industry news, and key crypto events.
Best Card (coming soon):
Best Card is a crypto debit card that will allow app users to seamlessly spend their cryptocurrency holdings in Best Wallet on real-world transactions, similar to a traditional debit card.
Best Wallet can be downloaded today: Google Play or Apple App Store.
About Best Wallet
Best Wallet is a user-friendly, feature-rich crypto wallet designed to meet basic wallet needs while offering advanced integrated features.
Catering to both crypto veterans and newcomers, Best Wallet breaks down barriers to Web3 adoption. It offers a range of knowledge resources – from simple guides to in-depth technical support.
Best Wallet streamlines the process by enabling users to conduct most of their transactions in a single, secure, decentralized space, combining features that facilitate smarter trading.
Become an early adopter and enjoy exclusive access to premium features and reduced fees. To stay updated on the latest Best Wallet developments, join the community on X and Discord.
Contact: Gary McFarlane, [email protected]
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View original content:https://www.prnewswire.co.uk/news-releases/introducing-best-wallet–where-users-can-access-bitcoin-and-other-cryptocurrencies-easily-and-securely-302310506.html
The fintech sector continues its relentless drive toward innovation and market dominance. Today’s highlights include a record-breaking customer milestone for Revolut, groundbreaking fintech solutions for women in the EU, open entries for the PayTech Awards 2025, implications of political shifts on funding, and notable recognition at the US FinTech Awards.
Revolut Hits 50 Million Customers: A Global Fintech Giant’s Milestone
Source: Revolut
Revolut, the UK-based financial super app, has achieved a monumental feat: surpassing 50 million customers worldwide. This milestone underscores its position as a leader in the global fintech landscape, furthering its ambition to create the world’s first truly global bank.
Key to this success has been Revolut’s strategy of expanding its offerings, from banking to travel and crypto services, all within a seamless user experience. The company’s recent ventures into emerging markets such as Latin America and Asia demonstrate its intent to bridge financial services gaps while retaining competitive differentiation through technology.
This milestone is not just a triumph for Revolut but a signal of fintech’s capacity to redefine traditional banking. It reinforces the narrative that digital-first strategies, customer-centric innovation, and international scalability can challenge long-standing financial institutions.
PayTech Awards 2025: Celebrating Excellence in Innovation
Source: FinTech Futures
The PayTech Awards 2025 are officially open for entries, promising to spotlight the brightest minds and most innovative projects in the payment technology sector. These awards are a testament to the industry’s commitment to advancing secure, seamless, and scalable payment systems.
This year, the focus is on emerging technologies that redefine how businesses and consumers interact financially. Categories will recognize achievements across multiple domains, including sustainability in payments, AI-driven solutions, and partnerships that push boundaries.
As fintech companies prepare their entries, the awards provide a timely reminder of the sector’s ongoing evolution and the collaborative efforts required to achieve meaningful breakthroughs.
U.S. Politics and the Fintech Sector: A New Era of Funding?
Source: American Banker
The U.S. fintech sector might witness an infusion of optimism as speculation about a second Trump presidency gains momentum. The Trump-era policies of deregulation and venture capital encouragement are remembered as catalysts for unprecedented fintech growth during his first term.
While it remains uncertain how regulatory landscapes will shift, the possibility of a more relaxed approach toward fintech compliance could rejuvenate funding inflows. Investors and startups alike are watching closely, weighing the potential benefits against long-term risks tied to reduced oversight.
A politically charged backdrop often spells volatility, but for fintech, it may also spell opportunity. Preparing to adapt quickly will be crucial for startups and established players in the face of any regulatory pivot.
Klara AI and Unlimit: Addressing the €1.3 Trillion Female Economy
Source: FF News
Klara AI has teamed up with Unlimit to launch a fintech solution aimed at empowering women across the EU. This collaboration targets the €1.3 trillion female economy by addressing the unique financial needs of women entrepreneurs and consumers.
The solution promises to integrate AI-powered tools with streamlined financial management services, enabling users to access credit, manage investments, and scale businesses effectively. By tailoring services to the underserved female demographic, the partnership hopes to drive financial inclusion and support economic growth.
This initiative stands as a blueprint for fintechs exploring niche markets, proving that innovation tailored to specific segments can yield transformative results.
Autire: Accounting Tech of the Year at US FinTech Awards
Source: Business Wire
Autire, a rising star in financial technology, has been crowned ‘Accounting Tech of the Year’ at the US FinTech Awards 2024. The award recognizes Autire’s ability to blend cutting-edge AI with intuitive user interfaces, delivering unparalleled accounting solutions for businesses of all sizes.
Autire’s platform has gained traction for automating complex accounting tasks, ensuring compliance, and delivering actionable insights through real-time analytics. Its emphasis on reducing administrative burdens for SMEs has been particularly impactful, enabling entrepreneurs to focus on growth rather than bookkeeping.
The recognition not only cements Autire’s reputation but also highlights the role of AI-driven accounting solutions in reshaping business operations globally.
Final Thoughts: A Fintech Revolution in Full Swing
From customer milestones to policy-driven opportunities, the fintech ecosystem is in constant evolution. Revolut’s ascent to 50 million users signals growing consumer trust in digital platforms. The PayTech Awards continue to inspire innovation, while political shifts could redefine the regulatory landscape. Initiatives like Klara AI and Unlimit emphasize the power of targeted solutions, and companies like Autire show how niche technologies can achieve broad impact.
The next phase of fintech growth will likely hinge on inclusivity, adaptability, and innovation—pillars that today’s news stories exemplify.
The post Fintech Pulse: Milestones, Partnerships, and Transformations in Fintech appeared first on .
Fintech PR
DIGITAL NEWS PLATFORM MONIIFY TO DELIVER BUSINESS AND FINANCE CONTENT FOR MILLENNIALS AND GEN-Z IN EMERGING MARKETS
Founded by serial entrepreneur Naguib Sawiris, MONIIFY aims to empower the next generation of entrepreneurs and investors to make smarter money moves by providing insights and analysis on high-potential regions and sectors, including tech, AI, cryptocurrency, and energy.
DUBAI, UAE, Nov. 19, 2024 /PRNewswire/ — MONIIFY (moniify.com), a digital news platform for Zillennials, founded by businessman and entrepreneur Naguib Sawiris, will launch on November 26, 2024.
Set to become the go-to platform for entrepreneurs, investors and professionals hungry for knowledge, wealth, and financial freedom in the world’s fastest-growing economies, MONIIFY will provide fresh, bold and insightful business and finance news content.
Based in the UAE and with a global outlook, MONIIFY will spotlight emerging markets with a focus on the industries driving the future – from tech and AI to crypto and energy. Covering everything from the GCC’s tech-driven initiatives to the rapid growth in Southeast Asia and India’s dynamic economy, MONIIFY is designed to keep the next generation of leaders ahead of the game.
“Young people today need more than traditional business and finance news. MONIIFY speaks directly to the next generation of entrepreneurs, in their language, on the platforms they want,” says Chairman and renowned businessman, Naguib Sawiris. “Young people always ask me ‘what is the secret to success?’ – that is my motivation for MONIIFY, to be the formula for them to achieve their dreams.”
Dr Yaser Bishr, Advisor to the Chairman, leading the launch of MONIIFY echoes this, “Western media giants view emerging markets through a Western lens. Emerging markets, home to over 4.3 billion people with a median age of 34, have their own unique stories to tell. These markets accounted for 50.1% of global GDP in 2023 and a staggering 66.7% of global GDP growth over the past decade. MONIIFY is here to change the narrative – a platform by Zillennials, for Zillennials..”
Uncover the next big thing from emerging markets first
From daily essential updates on the latest in crypto and tech markets to breaking down investment trends and business opportunities and in-depth conversations with some of the most successful and influential entrepreneurs, MONIIFY will provide exclusive access to the strategies behind success. The platform will feature Zillennial-friendly formats, including short videos, explainers, and deep-dive interviews. A masterclass series will unlock access to the biggest names in business sharing their blueprint for success.. MONIIFY’s newsroom will exclusively cover crypto, markets, tech and wealth in emerging markets, led by an accomplished team of international business journalists.
“We have brought together the best media talent from international markets as well as emerging markets who believe strongly in the MONIIFY movement, and who represent our brand,” says CEO, Michael Peters, former CEO of Euronews.
MONIIFY Creators, brings together trusted voices in financial content, including Eisa AlHabib (UAE), Uptin Saiidi (USA), Anushka Rathod (India), Felicia Putri Tjiasaka (Indonesia), Osamah Essam El-Din (Saudi Arabia), and Sara & Aaron Wee aka The Weeblings (Singapore).
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CONTACT: Burson (PR Agency); [email protected]
View original content:https://www.prnewswire.co.uk/news-releases/digital-news-platform-moniify-to-deliver-business-and-finance-content-for-millennials-and-gen-z-in-emerging-markets-302310199.html
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