Fintech PR
FII GLOBAL SUMMIT GATHERS INNOVATORS AND INVESTORS AMIDST ECONOMIC TURBULENCE
Heads of state, CEOs, financiers, and policy experts, to convene in light of rising global economic and geopolitical unrest
RIYADH, Saudi Arabia, Oct. 23, 2023 /PRNewswire/ — The Future Investment Initiative, Riyadh 24-26 October will unite leaders in finance, technology, and climate to address global challenges. The summit will tackle issues including economic implications of current world conflicts, the role of climate change and governmental actions prior to COP28, strategies for leveraging AI, technology, education, and health for a better global society.
His Excellency Yasir Al Rumayyan, Chairman of the Future Investment Initiative and Governor of the Public Investment Fund, will discuss the role of investment in combating climate change, ensuring technology benefits all, and equitable access to resources.
Day one will feature an Energy Summit, investigating the extent to which the Paris Agreement goals can align with economic growth, technology’s part in eliminating greenhouse gases, and the pace of global decarbonization.
A line-up of technology experts at FII will examine AI’s potential benefits, the need for global regulatory measures for user data privacy, and AI’s potential in improving global nutrition.
An ‘Innovation Hub’ will focus on the future of GPT, Web3 adoption, advancements in autonomous robots, and unlocking quantum computing’s potential.
Significantly, FII7 takes place amidst a series of global events, including the UNGA in New York, G20 in New Delhi, and UNFCCC MENA Climate Week in Riyadh. Its timing before COP28 highlights FII’s crucial role in the ongoing global discourse.
Richard Attias, CEO of the Future Investment Initiative Institute says, “Global collaboration, in person dialogues and debates have never been more important than in these turbulent times. I urge leaders, innovators and investors around the world to adopt a shared ethical approach to challenges.”
About FII Institute
The Future Investment Initiative (FII) Institute is a global non-profit foundation driven by data with an investment arm and one agenda: Impact on Humanity. Global and inclusive, we foster great minds from around the world and turn ideas into real-world solutions in four critical areas: Artificial Intelligence (AI) & Robotics, Education, Healthcare and Sustainability.
Photo: https://mma.prnewswire.com/media/2252037/Future_Investment_Initiative_Institute.jpg
Logo: https://mma.prnewswire.com/media/1811613/FII_Institute_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/fii-global-summit-gathers-innovators-and-investors-amidst-economic-turbulence-301964537.html
Fintech PR
Amrop, a Leading Global Executive Search and Leadership Consulting Firm, Announces New Office in Japan
BRUSSELS, Jan. 10, 2025 /PRNewswire/ — Amrop, a leading global executive search and leadership consulting firm, appoints JOMON Associates as its new team in Tokyo, marking the group’s re-entry in the Japanese market and adding significant coverage in the Asia Pacific region.
Led by Naohiro Furuta, CEO, JOMON Associates is Japan’s premier leadership advisory firm, offering services in senior Executive Search, Board & Corporate Governance Consulting, Leadership Assessment and Executive Coaching.
With 13 consultants and a team of 30 employees, the firm serves more than 200 companies, constituting about one-third of Japan’s major companies and representing Japan’s key industry sectors, including Industrial & Automotive, Chemicals & Materials, Consumer & Retail, Pharmaceuticals & Healthcare, Finance & Insurance, IT and Telecommunications.
The firm’s deep connection to the local Japanese market is matched by its unsurpassed reputation for quality and its innovative approach to executive search. By offering personalized leadership advisory and board services in addition to its acclaimed recruitment solutions, JOMON Associates is well-positioned to support companies in their quest for transformative leaders.
“Japan is a significant market for executive search and leadership consulting, and we are delighted welcome JOMON Associates to our global team,” says Annika Farin, Chair of the global Amrop Partnership. “We are now able to directly serve multinational companies operating in Japan as well as Japanese companies that are redefining boundaries as they follow their global or regional expansion strategies. Together with JOMON’s uncompromised quality approach and top market positioning, we can be instrumental in assisting these companies with the recruitment of their executive teams and attracting the best talent in new markets. “
“JOMON Associates shares our values and our ambition to continuing serving clients in the premium segment of the market. We feel naturally close to our new partners in Japan and are also proud to announce that Naohiro Furuta will immediately join our Board to help us drive the future of Amrop’s global partnership,” Farin added.
Naohiro Furuta, CEO JOMON Associates, added, “We are very pleased to announce that we have joined the global Amrop Partnership. As the global business environment becomes increasingly complex, the demand for strong and visionary leadership is higher than ever. Japanese companies are also strongly seeking talent to drive innovation and international competitiveness. Through our partnership with Amrop, we will provide our clients with valuable services that combine global insights and local expertise, making a significant impact on the domestic market and contributing to the international success of our clients.”
Amrop’s new Tokyo office is located at Tokyo Toranomon Global Square, 13th Floor, 1-3-1 Toranomon, Minato-ku, Tokyo. The addition of Japan office reinforces the group’s presence in the region, with teams in China, South Korea, India and Australia.
About Amrop
Amrop is a global leadership consulting firm, offering retained executive search, Board and leadership advisory services. We advise the world’s most dynamic, agile organizations on identifying and positioning Leaders For What’s Next – adept at working across borders, in markets around the world. Established in 1977, Amrop operates in Asia, EMEA and the Americas across 69 offices in 57 countries.
Media Contact:
The Amrop Partnership SC
Rue Abbé Cuypers 3
1040 Brussels, Belgium
T. +32 471 733 825
E. [email protected]
Brigitte Arhold, COO
Logo – https://mma.prnewswire.com/media/1755576/Amrop_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/amrop-a-leading-global-executive-search-and-leadership-consulting-firm-announces-new-office-in-japan-302347193.html
Fintech PR
Ultima Markets Wins “Best APAC CFD Broker 2024” Award, Setting New Standards in the Trading Industry
HONG KONG, Jan. 10, 2025 /PRNewswire/ — Ultima Markets celebrated a landmark evening for the financial trading industry as the Traders Fair concluded in grand style. This globally recognised event brought traders, investors, and experts to celebrate excellence together. Ultima Markets has been honoured with the “Best APAC CFD Broker 2024” award, a testament to its leadership in delivering innovative trading solutions, exceptional customer service, and diverse product offering.
Ultima Markets captivated the crowd at its interactive booth, spotlighting its state-of-the-art trading platform and extensive portfolio of financial products. Visitors were drawn by the engaging exhibits and the buzz of the Bitcoin Valuation Challenge—a unique opportunity for attendees to showcase their market expertise in a lively and competitive setting. Winners celebrated with exclusive Ultima Markets merchandise, leaving a lasting impression of the company’s innovative and client-focused spirit.
Reflecting on the recognition, Jack Li, Regional Business Director at Ultima Markets, stated: “This award is more than an accolade; it reflects our dedication to empowering traders through cutting-edge solutions and exceptional service. Engaging directly with our clients, creating enjoyable experiences, and building lasting connections are the driving forces behind our pursuit of excellence.”
In a rapidly evolving financial landscape, Ultima Markets remains steadfast in its mission to lead the industry. The company continues to redefine trading excellence by delivering personalised strategies and introducing innovative tools that open new frontiers in trading, ensuring clients achieve their financial aspirations with confidence.
About Ultima Markets
Ultima Markets is a fully licensed broker and a multi-asset trading platform offering access to 250+ CFD financial instruments, including Forex, Commodities, Indices and Shares. We guarantee tight spreads and fast execution. We have now served clients from 172 countries and regions with our trustworthy services and well-built trading systems.
Ultima Markets has achieved remarkable recognition in 2024, winning prestigious awards such as the Best Affiliates Brokerage, Best Fund Safety in Global Forex Awards, and the Best APAC CFD broker in Traders Fair 2024 Hong Kong. As the first CFD broker to join the United Nations Global Compact, Ultima Markets underscores its commitment to sustainability and the missions to advance ethical financial services and contribute to a sustainable future.
To learn more about Ultima Markets, please visit our website, Facebook, X, Instagram, LinkedIn and YouTube.
Photo – https://mma.prnewswire.com/media/2593698/20250108_101422_TOUCHEDUP.jpg
Logo – https://mma.prnewswire.com/media/2509939/Ultima_Markets_LOGO.jpg
View original content:https://www.prnewswire.co.uk/news-releases/ultima-markets-wins-best-apac-cfd-broker-2024-award-setting-new-standards-in-the-trading-industry-302347790.html
Fintech PR
Bank Alfalah Acquires Strategic Stake in UAE Fintech Jingle Pay
DUBAI, UAE, Jan. 10, 2025 /PRNewswire/ — Bank Alfalah, a leading commercial bank in Pakistan with a network of over 1,000 branches, has announced its acquisition of a 9.9% equity stake in Jingle Pay, one of the fastest growing fintechs in the MENAP region. The Bank’s fintech investment underscores its commitment to driving digital transformation and fostering financial inclusion across key markets.
Jingle Pay has redefined the fintech space with its proprietary AI-powered tech stack already processing over 2 million transactions and facilitating over $1 billion in international money transfers in 2024, saving customers over $6 million in fees. Jingle Pay was recently awarded the top global fintech for remittances into Pakistan.
Jingle Pay has solidified its position as a high-growth fintech leader in the MENAP region, supported by prestigious investors, including MoneyGram, G42-backed Applied AI, and prominent U.S. venture capital firms known for backing global fintech giants like N26 and PayPal, Jingle Pay continues to disrupt the industry. Bank Alfalah’s equity investment and appointment to Jingle Pay’s Board signal a robust partnership aimed at driving growth and innovation. This collaboration leverages Bank Alfalah’s extensive infrastructure to amplify Jingle Pay’s impact on cross-border payments and digital banking, advancing its ambitious vision for the MENAP region.
Jingle Pay provides innovative services, including multi-currency accounts, instant money transfers via the world’s first remittance marketplace, card payments, and last-mile payouts across 150+ corridors in 99+ currencies. Additionally, its Remittance-as-a-Service solution enables banks, FinTech’s, and non-financial institutions to facilitate seamless international money transfers.
Jingle Pay plans to launch its digital banking services in Pakistan in Q1 2025 as a branchless banking mobile app targeting to bring seamless and inclusive financial services to the country’s largely unbanked population. Jingle Pay will leverage Bank Alfalah’s infrastructure to bring seamless banking solutions to millions of customers. The partnership will create synergies in cross-border payments strengthened by shareholder MoneyGram.
As Pakistan’s 5th largest remittance partner, Jingle Pay plays a crucial role in driving global financial flows that contribute significantly to the country’s GDP. Establishing local presence in Pakistan will strengthen its partnership and cross-border capabilities, further cementing Jingle Pay’s position as a leader in the remittance ecosystem.
Leadership Remarks
Farooq A. Khan, Group Head – Corporate, Investment Banking and International Business of Bank Alfalah, emphasized: “This acquisition is a milestone in our journey to lead the digital banking revolution. By combining Jingle Pay’s innovative platform with Bank Alfalah’s resources, we aim to redefine cross-border financial services and deliver exceptional value to millions of users.”
Amir Fardghassemi, Founder and CEO of Jingle Pay, said: “Partnering with Bank Alfalah empowers us to scale our vision of inclusive finance. Together, we aim to enrich the digital economy and create transformative cross-border financial solutions.”
The collaboration also enhances Bank Alfalah’s role in the global Payments ecosystem, strengthening its position as a leader in cross-border financial flows and delivering unparalleled value to customers in the MENAP and beyond.
About Bank Alfalah
Bank Alfalah is a leading commercial bank in Pakistan, with over 1,000 branches across 200 cities and an international presence in the UAE, Bahrain, and Afghanistan. Its heritage and prominence extend over 25 successful years, highlighted by achievements that reflect exponential growth in the country’s financial sector.
The Bank offers various products and services to private-sector institutions and governments, including corporate and investment banking, consumer banking, securities brokerage, commercial, small and medium enterprises, agricultural, Islamic, and asset financing.
The Bank has established itself as a premier digital bank by introducing various features on its banking app, such as Alfamall, Buy Now Pay Later, and Term Deposit Receipts. It has also launched Pakistan’s first digital lifestyle branch.
About Jingle Pay
Jingle Pay, a UAE born fintech, is the MENAP region’s leading and fastest-growing fintech, specializing in cross-border money transfers licensed by Dubai Financial Services Authority (DFSA). Jingle Pay operates in the UAE, Bahrain, and Pakistan, offering cutting-edge financial services. Backed by global financial institutions like MoneyGram, Bank Alfalah, top-tier U.S. and international venture capital firms that have backed PayPal and N26, as well as G42 backed, Applied AI.
The company provides a wide array of solutions, including Remittance-as-a-Service for financial institutions, enabling seamless global payouts across 150+ corridors and 99+ currencies. Additionally, Jingle Pay operates a B2C app for retail customers, facilitating card payments and international money transfers focused on driving financial inclusion and leveraging AI to redefine cross border payments.
CONTACT: Jingle Pay, [email protected], +971 4 547 7778
Photo – https://mma.prnewswire.com/media/2594862/Jingle_Pay.jpg
View original content:https://www.prnewswire.co.uk/news-releases/bank-alfalah-acquires-strategic-stake-in-uae-fintech-jingle-pay-302347236.html
-
Fintech PR7 days ago
Bybit x Block Scholes Report: BTC Options Steady with Call-Put Parity, ETH Braces for Short-Term Volatility
-
Fintech PR7 days ago
Artificial Intelligence (AI) in Trading Market to Reach USD 35 Billion by 2030, Growing at a 10% CAGR | Valuates Reports
-
Fintech3 days ago
Asian Financial Forum held next week as the region’s first major international financial assembly of 2025
-
Fintech PR7 days ago
Year-opening Triumph: Arctech Lands a 1.5GW Solar Project Order in the UAE
-
Fintech PR3 days ago
OWIT Global Provides Alternative Delivery Models that Adapt to the Continuously Evolving Data Security Demands of the Industry
-
Fintech PR4 days ago
Hyundai Motor Group Executive Chair Euisun Chung Outlines 2025 Vision Driven by Commitment to Innovation, Overcoming Challenges, and Creating Opportunities in New Year’s Message
-
Fintech PR4 days ago
Zoomlion Accelerates Global Expansion with Localized Innovations in Saudi Arabia
-
Fintech PR5 days ago
Payroll Service Market Anticipates Strong Growth Amid Rising Automation Demand