Fintech PR
interop.io Announces Free Partner Edition, Paving the Way for Universal Application Interoperability
LONDON, Nov. 14, 2024 /PRNewswire/ — interop.io, the global leader in desktop interoperability, today announced a no-cost edition of its desktop interoperability software suite, io.Connect. The new Partner Edition of io.Connect allows fintechs, both large and small, to adopt interoperability patterns into their software without fees, exclusivity commitments, or operational hurdles.
“Market adoption of interoperability is growing exponentially,” says Dan Schleifer, President and Co-Founder of interop.io. “Clients are demanding that the vendors they rely on participate, but it’s not always clear to vendors how to engage or what the barriers to entry are. We are providing that clarity today.”
The io.Connect Partner Edition will not only allow technology providers to build and test their software for connectivity to interop-committed market participants, it will also allow interop.io partners to kickstart their own interoperability strategy – a move that large capital markets vendors are not only embracing, but directly monetizing.
“Genesis Global is thrilled to partner with interop.io, as it facilitates building rich, reactive, interoperable applications for our clients across a broad range of financial market use cases,” said Ben Jefferys, VP of Sales Engineering at Genesis Global. “We can provide clients the flexibility to break free from legacy constraints, reduce vendor dependency, and achieve the innovation they need – all powered by interoperability.”
Benefits of the Partner Edition for vendors include:
- Comprehensive API Access: Access essential FDC3 and advanced APIs to achieve robust interoperability and seamless connections across platforms.
- Effortless Client Deployment: Deploy easily to interop.io clients without complex customizations, enabling swift integration.
- Low-Barrier Entry: With a free license, the Partner Edition supports early-stage integration, making it ideal for emerging fintechs.
The Partner Edition is the next logical step in the evolution of interoperability. By making a free instance of interoperability software available for all, it’s possible for anyone to make their applications interoperable and integrate seamlessly with leading financial institutions.
“This new edition levels the playing field,” added Schleifer. “As a committed maintainer of FDC3 and a FINOS Gold member, interop.io has always supported an open, connected ecosystem. By removing cost barriers, we’re enabling fintechs to focus on what matters most: client-driven innovation and value creation.”
The Partner Edition also includes co-marketing opportunities, access to extensive documentation, an FDC3 Developer Sandbox for testing, and regular updates to keep partners at the forefront of industry advancements. Vendors interested in learning more can contact [email protected].
As the demand for interoperability grows, interop.io remains committed to pushing the boundaries of what’s possible in capital markets technology. This new offering underscores the company’s mission to “connect anything to everything.”
“This change to our partner model creates distribution potential for fintechs, better workflows for clients, and a better experience for everyone who works in or serves capital markets, all for free,” said Viktoriya Shopova, Partner Success Manager at interop.io.
For additional details on the free Partner Edition, along with more advanced partnership options, visit https://interop.io/partner-tiers/.
About interop.io
interop.io was formed in June 2023 through the merger of Finsemble and Glue42 to create the global powerhouse driving application interoperability in capital markets and beyond. Leveraging FDC3 and workflow automation, interop.io allows clients to create Straight-Through Workflow and benefit from unparalleled levels of business agility, a more productive workforce and better operational control.
Media contact:
Anna Shearer
[email protected]
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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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Fintech PR
Qatar Development Bank announces strategic investment in global Islamic FinTech, Wahed
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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Fintech PR
China’s AIMA brand electric motorbike is now in Bangladesh
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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