Fintech PR
FinVolution Group Announces Strategic Investment and Partnership with Fujian Haixia Bank

FinVolution Group (formerly known as “PPDAI,” or the “Company”) (NYSE: FINV), a leading fintech platform in China, today announced the completion of an equity investment in Fujian Haixia Bank (“FHB”).
Pursuant to the share purchase agreement, FinVolution Group has subscribed for 281 million of newly issued shares of FHB which accounted for approximately 4.99% of FHB’s total issued shares at the closing of this transaction.
Concurrent with the equity investment agreement, FinVolution Group and FHB entered into a strategic partnership, such that both parties will cooperate with a focus on consumer finance to amplify efforts to enhance operating efficiencies, expand markets, improve credit risk management capabilities and enhance operation capabilities in addition to other activities.
Founded in 1996 and headquartered in Fuzhou, China, FHB has a network of 73 branches and sub-branches across Fujian province and four branch outlets in Zhejiang province. FHB offers a wide spectrum of financial services to individuals, SMEs, corporates and institutions across these regions. As of December 31, 2018, FHB had total assets of approximately RMB153.1 billion, total customer deposits of RMB76.9 billion, and outstanding customer loans of RMB65.7 billion.
“We are excited about the synergies created through our strategic investment and partnership with FHB,” said Mr. Feng Zhang Co-Chief Executive Officer of FinVolution Group. “Our businesses are highly complementary, and we look forward to the launch of new growth engines while strengthening our ability to service financial institutions. Additionally, this investment and partnership present the opportunity for us to explore broad areas of cooperation that will help both FinVolution and FHB in business expansion, enhancing operating efficiencies, and improving risk management. Through leveraging our technologies-as-a-service, we believe this long-term partnership with FHB will solidify FinVolution’s leading position in the industry and accelerate our cooperation with commercial banks and other financial institutions.”
SOURCE FinVolution Group
Fintech PR
Vantage Russia to Make a Strong Presence at the Upcoming Blockchain Forum in Moscow

MOSCOW, April 15, 2025 /PRNewswire/ — Vantage Markets, multi-award winning CFD broker, is set to make a powerful impact at the upcoming Blockchain Forum in Moscow. As a Platinum Sponsor, Vantage Russia will be at the forefront of industry discussions, showcasing its expertise and commitment to the future of blockchain and digital assets.
The Blockchain Forum in Moscow is a premier gathering of thought leaders, innovators, and professionals shaping the future of blockchain technology. As a Platinum Sponsor, Vantage Russia will have a dedicated booth, PS3, offering an immersive experience where attendees can engage with our expert team, explore cutting-edge solutions, and discuss the evolving blockchain landscape.
Representing Vantage at the event is our highly experienced Russian team of C-level executives, marketing and business development managers. Their expertise and deep market knowledge will ensure that Vantage continues to lead conversations on blockchain innovation, digital finance, and investment strategies. Our team will share insights on the intersection of blockchain, digital trading, and financial technologies, offering valuable perspectives to industry professionals and enthusiasts alike.
Why Engage with Vantage at the Blockchain Forum?
- Industry Expertise: Learn from Vantage Russia’s leadership team about market trends and the future of blockchain applications in finance.
- Networking Opportunities: Connect with key decision-makers, traders, and blockchain pioneers.
- Exclusive Insights: Gain first-hand knowledge on how Vantage Russia is integrating blockchain technologies into its ecosystem.
We invite all attendees to visit Booth PS3, where our team will be available for discussions, product demonstrations, and networking opportunities. Whether you’re a blockchain enthusiast, an institutional trader, or an industry stakeholder, Vantage Russia welcomes you to engage with us and explore exciting opportunities in the digital finance landscape.
For more updates on our participation at the Blockchain Forum, follow Vantage Russia on our official channels. We look forward to connecting with you in Moscow!
About Vantage
Vantage Markets (or Vantage) is a multi-asset CFD broker offering clients access to a nimble and powerful service for trading Contracts for Difference (CFDs) products, including Forex, Commodities, Indices, Shares, ETFs, and Bonds.
With over 15 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
RISK WARNING : CFDs are complex instruments and carry a high risk of losing money rapidly due to leverage. Ensure you understand the risks before trading.
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Disclaimer: This article is provided for informational purposes only and does not constitute financial advice, an offer, or solicitation of any financial products or services. The content is not intended for residents of any jurisdiction where such distribution or use would be contrary to local law or regulation. Readers are advised to seek independent professional advice before making any investment or financial decisions. Any reliance you place on the information presented is strictly at your own risk. |

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View original content:https://www.prnewswire.co.uk/news-releases/vantage-russia-to-make-a-strong-presence-at-the-upcoming-blockchain-forum-in-moscow-302428419.html
Fintech PR
Crowell & Moring’s London Office Adds Leading AI and Emerging Tech Partner Emma Wright

Wright co-founded the Interparliamentary Forum on Emerging Technologies and is a UNESCO AI Expert Without Borders. She brings deep experience in technology transactions and regulatory matters.
LONDON, April 15, 2025 /PRNewswire/ — Emma Wright, a market leading lawyer representing prominent technology companies and governments on artificial intelligence and emerging technologies, has joined Crowell & Moring U.K. LLP as a partner in its Privacy and Cybersecurity Group in London. Wright will advise clients on regulatory matters and complex technology procurements with a regulatory or government interface.
Wright is co-founder and director of the Interparliamentary Forum on Emerging Technologies and an executive committee member of the global UNESCO Women4EthicalAI.
Wright works with clients from all parts of the tech ecosystem in areas such as emerging AI and data regulation, cybersecurity and resilience, telecom and online safety regulation, and the rules governing technology procurement and foreign investment. Her practice encompasses complex commercial transactions and investments in the tech sector, and her experience includes advising on technology related to critical national infrastructure and procurement of multimillion-pound digital transformation projects.
“It is a real pleasure to welcome Emma to our growing London office. Emma’s practice encompasses both regulatory and transactional elements, and she is highly skilled at translating regulatory frameworks into commercial and practical advice. Her appointment is a strategic move which bolsters our global capabilities in emerging tech and enhances our London legal offering,” said Robert Weekes, managing partner of the firm’s London office and member of the firm’s management board.
Wright joins Crowell from Harbottle & Lewis, where she established and led the Technology, Data, and Digital Group. Prior to that role, she led the Government and Public Sector team for Deloitte Legal. Wright previously served as a policy advisor in the U.K. Government.
“Emma is a proven leader in her field, and her move to Crowell enhances the global reach of our Privacy and Cybersecurity Group at a time when data protection and cyber issues are growing increasingly complex. We are delighted to welcome Emma to our team,” said Jeffrey Poston, co-chair of Crowell & Moring’s Privacy and Cybersecurity Group.
Wright’s move to Crowell is the third senior addition to its London Privacy and Cybersecurity Group in just over a year. In January, Clare Sellars joined as counsel, bringing more than 20 years of experience in data protection, privacy, IP, IT and commercial matters. Last year, the team added partner Rafi Azim-Khan, a leading advisor on data, digital, and e-commerce laws. The firm’s Privacy and Cybersecurity Group has also made recent additions in the U.S., with the arrival of senior counsel Rita Heimes, former general counsel for the International Association of Privacy Professionals, and Justin B. Weiss, former associate general counsel for global technology investor Naspers.
Wright commented: “Crowell’s Privacy and Cybersecurity Group is among the most respected within the market. I look forward to working with my colleagues in London and across the firm to deliver a comprehensive offering to clients operating at the forefront of technological innovation.”
Wright is ranked as a leading partner in The Legal 500 and ranked in Chambers UK. She is listed by Computer Weekly as one of the Top 20 Most Influential Women in Tech.
About Crowell & Moring
Crowell & Moring is an international law firm with operations in the United States, Europe, MENA, and Asia. Drawing on significant government, business, industry, and legal experience, the firm helps clients capitalize on opportunities and provides creative solutions to complex regulatory and policy, litigation, transactional, and intellectual property issues. The firm is consistently recognized for its commitment to pro bono service, as well as its comprehensive programs and initiatives to advance the professional and personal development of all members of the Crowell community.
Media Contact:
Email: prteam@crowell.com

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View original content:https://www.prnewswire.co.uk/news-releases/crowell–morings-london-office-adds-leading-ai-and-emerging-tech-partner-emma-wright-302427034.html
Fintech PR
utu Boosts Tourist Spending Power with New Tourist Refund Vouchers in Dubai’s Gold Souk

- utu launches a new program allowing tourists to gain up to 25% more value from their tourist refunds with vouchers valid for additional purchases in the same store
- The program kicks off with key partnerships with renowned merchants in Dubai’s Gold Souk, which accounts for 30-35% of tourist refund volume in the UAE
- Anchor partner Thangals Jewellery is debuting the voucher program in eight stores across the UAE, with integration already planned for an additional 15 stores
- The initiative aligns with Dubai’s long-term strategy to boost overall tourist spending and retail sales
DUBAI, UAE, April 15, 2025 /PRNewswire/ — Travel fintech utu today launched the region’s first downtown tourist refund voucher program in Dubai’s iconic Gold Souk. Alongside the existing method of receiving tax refunds in cash or to a credit card at the airport, tourists can now choose to convert their refunds into vouchers worth up to 25% more than the original refund amount. These vouchers are instantly accessible through utu’s web app and redeemable in-store.
Operating seamlessly alongside the UAE’s mandated tourist refund process, utu’s solution offers travelers an optional, immediate benefit without altering any official procedures. When making an initial purchase at participating Gold Souk stores, tourists can choose to purchase a higher-value voucher based on their tourist refund amount via a quick process on utu’s web app, with guidance from store staff.
While the program launches in the Gold Souk, it represents the first step in utu’s broader vision to enhance tourist spending across the UAE’s full retail ecosystem – both downtown and at the airport. Building on its partnership with global travel retailer Avolta in Milan, utu is working to extend its solution to serve more travelers across key retail touchpoints throughout the city.
Once a purchase is made, a digital voucher is generated within seconds, allowing shoppers to increase their purchase value on the spot at that specific store. Tourists complete the standard tax refund validation process at the airport before departure as usual.
The program is launching with select merchants in the historic Gold Souk market in Deira, a major international hub for gold and jewellery trading. Thangals Jewellery, a respected name in the Souk since 1974, is the anchor partner, debuting the utu system in eight stores in the initial launch phase with plans to roll out to an additional 15 stores including Dorrado by Thangals, its exclusive diamond section.
Fazil Thangals, Chief Executive Officer of Thangals Jewellery, said: “utu’s innovative voucher program gives tourists extra spending power immediately, encouraging larger basket sizes or entirely additional purchases while shopping in our stores. We expect this will significantly boost sales and contribute to Dubai’s goal of higher tourist spending, while also enhancing the shopper experience and vibrancy of the Gold Souk, with Thangals leading the way.”
Asad Jumabhoy, Co-Founder and CEO of utu said: “This launch gives tourists more spending power while they are still enjoying Dubai, and in one of the world’s most significant gold markets. By providing instant, in-store vouchers, we’re creating a seamless way for shoppers to maximize their refunds on the spot while driving incremental sales for merchants. This approach not only enhances the shopping experience for travelers but also delivers clear benefits for our retail partners, and directly supports Dubai’s aim of maximizing tourist spending, all while staying fully aligned with regulatory frameworks.”
With over 380 traders, the Gold Souk is a prime location for this initiative. Gold and jewellery purchases represent a substantial portion (30-35%) of the UAE’s tourist refund volume, driven by the market’s international appeal and high transaction values. Dubai welcomed almost 19 million overnight visitors in 2024, making it one of the world’s most-visited destinations.
utu is pioneering a new approach in tourist retail by capturing the value typically lost when tourist refunds leave the country. By enabling shoppers to instantly access and spend this enhanced value with partner merchants before departure, utu is helping to create a more vibrant local retail community and is driving higher tourist spending within Dubai, enhancing its reputation as a world-class shopping destination.
Media contacts
Global Press office – Black Unicorn PR
Alice Lam – alice@blackunicornpr.com
utu (pronounced “you-too”) is creating a new category in global travel retail. By unlocking the value of tourist refunds worldwide, enabling immediate in-country spending, utu empowers travelers with more value while driving significant incremental sales for retailers, and contributing to a more dynamic retail ecosystem. With over 25 years of expertise in VAT and GST refunds worldwide, the utu management team is bridging the worlds of refunds and rewards, unlocking new value for travelers and retailers alike. Founded in 2016, the company is headquartered in Singapore.
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View original content:https://www.prnewswire.co.uk/news-releases/utu-boosts-tourist-spending-power-with-new-tourist-refund-vouchers-in-dubais-gold-souk-302428705.html
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