Fintech PR

J&T Express named Saudi Arabia’s Best New Last Mile Delivery Company of 2023

Published

1 year ago

September 17, 2023

The Global Logistics Provider receives Dual Wins at the International Finance Awards.
J&T Express recognized as ‘Most Innovative Service Provider in Saudi Arabia‘.
Strides made in Saudi Arabia earn coveted industry titles.

RIYADH, Saudi Arabia, Sept. 17, 2023 /PRNewswire/ — J&T Express emerged as a double award winner at the International Finance Awards 2023. The global logistics provider secured the titles of ‘Best New Last Mile Delivery Company’ and ‘Most Innovative Express Delivery Service Provider’ in Saudi Arabia.

The program recognizes outstanding industry players who have achieved success internationally and in the Middle East region. With the support of industry-qualified research teams, nominations and submissions are evaluated based on international business excellence standards. Previous year winners include the likes of Saudi Telecom Company (STC), Emirates NBD, Kuwait Aviation Services (KAS), Saudi Ground Services Company, Sahl Gulf Logistics Services Company, J&T Express – Philippines, Hitachi Transport System (M) Sdn Bhd (Malaysia) and more.

“We are honored to receive these awards that emphasize the fundamental role of innovation and technology in the logistics sector’s growth, especially in a rapidly growing market like Saudi Arabia, where it is projected to contribute 10% of GDP by 2030,” said Sean Xiao, the CEO of J&T Express, “Such industry recognition affirms our visible dedication to delivering exceptional services. Furthermore, this win underscores our relentless efforts to continuously push the boundaries of innovation.”

Commenting on the win, a spokesperson from International Finance Publications said, “We are delighted to acknowledge J&T Express as a pioneering force within the logistics sector, spanning air, land, sea, and road. In this category, J&T Express has been commended for its significant contributions to the regional economy, particularly its outstanding last-mile delivery services in Saudi Arabia. Noteworthy elements attributing to the company’s accomplishments encompass their dedication to inventive solutions, prioritization of customer satisfaction, and their leadership in promoting sustainability throughout the industry.”

J&T officially expanded its regional presence to establish hubs in the Kingdom of Saudi Arabia and the United Arab Emirates in January 2022. Since then, it has achieved full coverage of all local provinces and regions in both countries.

In the Kingdom, the last mile-delivery service covers 100% of the kingdom. Supported by seven sorting centers, one of which is the largest the region has ever seen, 40 self-owned stations nationwide, and 3,000 personnel, all working in synergy to offer unparalleled services for its customers.

Globally and in the Middle East region, J&T invests in state-of-the-art technology and infrastructure. With swift operations, it ensures that its customers can experience reliable and secure deliveries.

J&T Express’s victory at the Finance Awards 2023 reflects its commitment to redefining last-mile delivery. The company’s innovative spirit has played a major role in propelling it to the forefront of the delivery industry in Saudi Arabia and around the region.

“While the e-commerce sector still faces challenges like last-mile delivery and customer service, the Saudi government’s focus on diversification and infrastructure development creates a promising environment for industry growth. As such, the industry, which is currently valued at USD 23.85 billion in 2023, is expected to grow to USD 32.97 billion by 2029. Enabling our clients and partners to be part of this growth is our priority. Through our passion for leveraging best in class industry practices, we will continue to deliver outstanding services to our customers. In reality, the success of our partners and clients is a direct reflection of our own success.” Added Xiao.

About J&T Express
Established in 2015, J&T Express operates globally, including Indonesia, the Philippines, Malaysia, Cambodia, Singapore, Thailand, Vietnam, and China. Specializing in technology-driven logistics, services span express delivery, freight forwarding, warehousing, and supply chain management. The company expanded to KSA and the UAE in 2022, establishing efficient distribution networks and local warehousing.

About International Finance Awards
The International Finance Annual Awards are dedicated to celebrating excellence in the corporate and professional sectors. The event honors those who continuously strive for innovation, performance improvement, and positive contributions to the global business community. Winning an International Finance Award signifies an individual or organization’s persistent dedication and commitment to enhancing business performance.

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Fintech PR

Markel appoints April Tam as Senior Underwriter, PFR & Cyber and Head of Financial Institutions, Asia

Published

5 mins ago

September 19, 2024

CISION (PR Newswire)

markel-appoints-april-tam-as-senior-underwriter,-pfr-&-cyber-and-head-of-financial-institutions,-asia

SINGAPORE, Sept. 19, 2024 /PRNewswire/ — Markel, the insurance operations within Markel Group Inc. (NYSE: MKL), is pleased to announce the appointment of April Tam as Senior Underwriter, Professional Financial Risk (PFR) & Cyber and Head of Financial Institutions in Asia. This strategic hire is integral to advancing Markel’s profile and reinforcing its leadership position in the PFR sector.

In her new role, Tam will be instrumental in strengthening Markel’s Financial Institutions proposition in Asia. Working in collaboration with the regional underwriting team across Asia, Tam will focus on driving continued profitable growth of the company’s PFR book and ensuring its scalability and diversification. She will also be responsible for forging strong relationships with insurance brokers, clients and partners in the region.

Tam joins Markel from Allianz Commercial, where she was most recently employed as Financial Institutions Practice Leader, Asia. Prior to joining Allianz Commercial in 2018, Tam gained expertise at Zurich Insurance Group. With more than 12 years’ experience in Financial Lines underwriting, Tam brings a wealth of expertise, broker relationships and a proven track record to Markel.

Based in Hong Kong, Tam will report to Kevin Leung, Chief Underwriting Officer, Asia Pacific.

Leung commented: “I’m excited to welcome April to our team in Hong Kong. Her extensive experience and deep understanding of Financial Lines underwriting will be of huge importance as we continue to expand and enhance our PFR offerings. I’m confident that April’s expertise and strong networks will significantly help to contribute to our strategic objectives and strengthen our position in the Asia market.”

About Markel
We are Markel, a leading global specialty insurer with a truly people-first approach. As the insurance operations within Markel Group Inc. (NYSE: MKL), we operate the Markel Specialty, Markel International, and Markel Global Reinsurance divisions, as well as State National, our portfolio protection and program services operations, and Nephila, our insurance-linked securities operations. Our broad array of capabilities and expertise allow us to create intelligent solutions for the most complex risk management needs. However, it is our people – and the deep, valued relationships they develop with colleagues, brokers and clients – that differentiates us worldwide.

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Fintech PR

Apt.Residential Selects Yardi’s Technology to Support BTR Projects

Published

6 hours ago

September 18, 2024

CISION (PR Newswire)

apt.residential-selects-yardi’s-technology-to-support-btr-projects

Australian property developer and operator to utilise innovative cloud platform for construction and investment accounting

SYDNEY, Sept. 18, 2024 /PRNewswire/ — Apt.Residential, an owner, developer and operator of residential properties in Australia, has chosen Yardi’s single connected platform to support growth, connect teams and manage capex projects and build.

With Yardi®, Apt.Residential can manage its funds and simplify complex financial processes, mitigate risk and deliver real-time insights into projects. The platform provides more visibility from investor to asset and delivers enhanced and accurate reporting. The company can access live data for costing, expenses, and revenue on all projects, from ground-up development to single-unit improvements and will allow Apt.Residential to grow the volume of units within BTR once they have operational units.

“We wanted to find the best platform for BTR that would support growth, streamline management of capex projects and handle our complex accounting,” said Michael Hogg, co-founder & head of operations for Apt.Residential. “Yardi’s single integrated platform was the best solution as it ensures our team can connect on one system and not worry about integrations or using multiple platforms.”

“We’re excited to work with Apt.Residential and support its growth as the company expands its BTR projects,” said Neal Gemassmer, vice president and general manager for Yardi. “Our connected platform will help Apt.Residential enhance communication and set them up so they’re ready to operate once development has completed.”

See how Yardi’s end-to-end technology can help drive your digitalisation strategies.

About Apt.Residential
Apt.Residential is a leading vertically integrated owner, developer, and operator of residential properties in Australia backed by global institutional capital. The company develops residential communities where wellbeing and connectedness come first. Its human-centric approach allows Apt.Residential to shape places for people who crave comfort, community, and elevated living. For more information, please visit aptresidential.au.

About Yardi

Celebrating its 40-year anniversary in 2024, Yardi® develops industry-leading software for all types and sizes of real estate companies across the world. With over 9,500 employees, Yardi is working with our clients to drive significant innovation in the real estate industry. For more information on how Yardi is Energised for Tomorrow, visit yardi.com.au.

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Fintech PR

NewCo Capital Group Continues Global Expansion as 2024 Milestones Set The Stage for an Ambitious Q4

Published

6 hours ago

September 18, 2024

CISION (PR Newswire)

newco-capital-group-continues-global-expansion-as-2024-milestones-set-the-stage-for-an-ambitious-q4

NEW YORK, Sept. 18, 2024 /PRNewswire/ — As Q4 fast approaches, NewCo Capital Group (“NewCo”) and Australia-based Bizcap are finalizing year-end initiatives to strategically position both companies for an ambitious expansion in 2025.

Both companies have celebrated a highly successful 2024, marked by remarkable and accelerated growth. This momentum has been driven by Bizcap’s unique Line of Credit product, NewCo’s introduction of their “Line of Capital” product and the launch of NewCo’s new mobile app. CEO Albert Gahfi emphasized the importance of closing 2024 on a high note to set the stage for future growth. “We’ve had an exceptional year so far, but our focus is on what comes next. We’re building the foundation for 2025 and beyond, ensuring that NewCo and Bizcap are positioned for continued global expansion.”

The plan for Q4 includes deepening their presence in existing markets while making calculated moves into new territories, including Singapore, Germany, and Luxembourg. “There are new opportunities in emerging markets that are currently underserved, where we believe we can make a significant impact. As a result, 2025 promises to be an exciting year for SMB financing globally.”

By reinforcing their operational and technological infrastructure, the companies are preparing to meet the demands of a rapidly evolving global financing landscape. “2024 has been a year of strong growth, but we’re not stopping here,” Gahfi said. “We are focused on delivering innovative financing solutions that not only meet the needs of today but also anticipate the demands of tomorrow. As we head into 2025, we’re ready to expand our reach and provide even more businesses with the capital they need.”

Part of a multinational collaboration, NewCo and Bizcap have successfully deployed over $1.5 billion to over 35,000 businesses worldwide. Gahfi commented, “We’re moving capital faster and more effectively than any other sector and our clients are benefiting from that growth.”

NewCo’s strength lies in its ability to adapt quickly, using a unique mix of proprietary technology, nuanced underwriting, and an experienced risk management team. The companies’ hybrid approach is challenging outdated financing models, making NewCo a preferred partner for SMBs looking for custom capital solutions that truly fit their needs.

“We’re not just growing; we’re leading,” Gahfi added. “As we expand globally, our goal remains the same—helping small businesses scale, create jobs, and thrive.”

With a clear strategy and a relentless focus on delivering value, NewCo Capital Group is primed to deepen its market influence and capitalize on emerging opportunities. As the company prepares for its next wave of market entries, Q4 will serve as a pivotal launchpad for an even more ambitious 2025, setting the stage for continued growth and global leadership.

For more information, visit www.NewCoCapitalGroup.com.

Contact:

NewCo Capital Group
Email: [email protected]
Website: www.NewCoCapitalGroup.com

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