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Uniken welcomes Fiona Konchellah to drive expansion in Africa to capitalise on regional digital revolution

Vlad Poptamas

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Uniken, a pioneer in mobile-first security, announced today the appointment of Fiona Konchellah as Vice President Sales Africa. In this role, Fiona will lead Uniken’s go-to-market efforts in the region, working with partners to drive the adoption of the company’s REL-ID omni-channel platform to secure identity, transactions and digital connections for consumers and financial institutions.

“We are honoured that a sales leader of Fiona’s calibre is joining our go-to-market team,” said Bimal Gandhi, CEO of Uniken. “Her knowledge and experience in creating and executing on a strategic sales plan for Africa will strengthen Uniken’s position as a mobile-first security industry leader. With a proven track record of successfully building relationships and growing revenue across Africa in the identity space, Fiona’s leadership skills are well suited to lead Uniken’s regional sales efforts as we continue our mission to deliver safe, simple and scalable security to hundreds of millions of individuals throughout the world for our financial industry customers.”

Fiona is a technology specialist with over 8 years’ experience in the Fintech and Payments sector across Africa. An advocate in leveraging emerging technologies to create secure, convenient and seamless infrastructures for financial institutions and mobile money ecosystems through enhanced security of the user’s data. She holds a Master of Business Administration from Brunel University London and a Bachelor of Commerce from the University of Nairobi. Prior to joining Uniken, Fiona held the Chief Commercial Officer position at Mtech Limited, a Pan African entity with operations in 17 African countries supported by 150 employees.

“I am excited to join the Uniken team to drives sales of REL-ID in Africa,” said Fiona Konchellah. “The adoption of mobile commerce in Africa has exploded and commercial organisations are investing in solutions that couple identity verification, strong authentication and security with a phenomenal user experience. The unique technology that Uniken has developed provides a strong platform to address those needs, and more. I love its potential to change the game in mobile-first security, providing a secure network connection, authentication and transaction capabilities across the omni-channel. I look forward to working with our partners, customers and the talented team at Uniken in making their vision of a securely connected world a reality.”

 

SOURCE Uniken Inc

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Fintech

Peter Stewart Named Executive Vice President of North America for Ingenico Group

Vlad Poptamas

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Ingenico Group (Euronext: FR0000125346 – ING), the global leader in seamless payments, today announced that Peter Stewart has been named the executive vice president of North America. Peter reports to Matthieu Destot, executive vice president, B&A business unit and is a member of the company’s B&A Management Committee. Peter brings over 25 years of experience working with technology companies, including the last four years at Ingenico Group. His experience spans across different disciplines, including strategy, sales contract management, manufacturing, supply chain and human resources, among other areas.

“Peter brings a wealth of global leadership experience working with technology companies, both in fintech and the larger industry, that Ingenico benefits from greatly. I, along with the Executive Committee, am excited as he begins this new role leading the region,” Destot said. “His technology background and track record, coupled with his understanding of how Ingenico helps elevate the customer experience, will drive success as we continue to expand our presence in the region.”

Peter previously held the role of chief financial officer of the B&A business unit for Ingenico and formerly served as chief financial officer for the North America Region for nearly two years. Before that, he spent eight years at ADVA Optical Networking, most recently as vice president of finance, corporate development, treasury & risk management. Other previous companies include Lydian Data Services and ADP, among others.

“I am honored and humbled to be appointed the next leader of the North America Region, and I’m very excited by the opportunity that we have in front of us,” Stewart said. “We will continue to build upon our position of thought leadership, our market strength and, most importantly, our ability to execute our strategy across both our Retail and B&A business unit activities.”

 

SOURCE Ingenico Group

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Fintech

Global Blockchain Market Outlook and Forecasts 2020-2025 – Overview of Service Type, Applications, Solutions and Industry Verticals

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Dublin, Feb. 17, 2020 (GLOBE NEWSWIRE) — The “Blockchain Technology Market by Service Type, Applications, Solutions, Industry Verticals 2020 – 2025” report has been added to ResearchAndMarkets.com’s offering.
This report evaluates the technology, leading companies and solutions in the evolving blockchain ecosystem. The report evaluates current and anticipated use cases for blockchain and assesses the market potential globally, regionally, and segmented by deployment type and industry vertical for the period 2020 to 2025.Blockchain as a Service (BaaS) represents a key service offering for many market segments as a mean of solution introduction and scalability via a cloud services model. BaaS service providers will include different types of services such as customize blockchain applications for cloud services, specific industries, custom consulting, and integration with existing systems.
Key Topics Covered:
1 Executive Summary
6 Conclusions and Recommendations
Companies Mentioned
21, Inc.Abra, Inc.AccentureAlphaphoint CorporationAmazonBaiduBitfury GroupBlockchain Global LimitedBlockCypher, Inc.BloqBTL Group (Blockchain Tech Ltd.)Chain, Inc.Circle Internet Financial LimitedCoinbaseCoinfirm Ltd.ConsenSys Systems (ConsenSys)CreditsDell TechnologiesDeloitte Touche TohmatsuDigital Asset HoldingsDigitalx Ltd. (Digital Cc Ltd.)DMG Blockchain SolutionsEarthportFactom Inc.Fidelity InvestmentsGlobal Arena Holding, Inc. (GAHC)HoloHPHyperLedgerIBM CorporationIntelygenzIOTALibra Services, Inc.Linux FoundationMicrosoft CorporationMonaxNASDAQOverstockR3RippleShoCardTecentFor more information about this report visit https://www.researchandmarkets.com/r/ypsgh7About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
CONTACT: ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

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Fintech

UP Fintech Underwrites 12 Chinese ADR IPOs in 2019

Vlad Poptamas

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Photo source: financialtechnologyafrica.com

 

More than 30 Chinese companies listed on U.S. exchanges in 2019 and 12 of them had Tiger Brokers (NZ) Limited (“TBNZ”), a wholly owned subsidiary of UP Fintech Holding Limited (NASDAQ: TIGR) (together with TBNZ and other affiliates, “UP Fintech”), act as one of the underwriters for their offerings.

In 2015, UP Fintech introduced its proprietary trading platform, Tiger Trade, which provides global Chinese investors with seamless access to U.S. equities and other global securities. In the past few years, UP Fintech’s focus on innovation and superior user experience has enabled it to grow rapidly; according to iResearch, the firm has become the largest online broker for global Chinese to invest in U.S. equities.

UP Fintech is also expanding its institutional business, particularly investment banking and equity underwriting in the TMT space through its wholly owned subsidiary, TBNZ. Since 2017, UP Fintech has participated in many high profile Chinese Tech IPOs, including those of Chinese search engine Sogou Inc. (SOGO), ecommerce giant Pinduoduo (PDD), video streaming platform iQIYI (IQ), and online education company Youdao (DAO).

UP Fintech’s growing investment banking business has given the firm the opportunity to closely cooperate with a diverse range of corporate clients, giving it a better understanding of the challenges faced by Chinese companies that have held a U.S. IPO. UP Fintech is expanding its existing portfolio of corporate services to meet the needs of its growing client base.

“Chinese companies from different industries face a variety of difficulties through the IPO process in the U.S. On one hand, many Wall Street institutions are unfamiliar with relatively lesser-known Chinese companies, which may result in less allocation of resources to these companies. On the other hand, Chinese companies may not possess the requisite expertise to efficiently manage a new issue in the U.S. market. This is where our unique business model and market understanding distinguish our firm: we are ourselves a young technology company, so compared to traditional banks, we are naturally more connected to these emerging companies and understand their needs better. In addition we may leverage our growing customer base of institutional and retail investors to provide a huge demand for the new issuance,” said Mr. Wu Tianhua, CEO of UP Fintech.

Expanding its portfolio of corporate services is a key strategy of UP Fintech’s development, so the firm has acquired new licenses to support its expansion. In October 2019, UP Fintech’s wholly-owned subsidiary, US Tiger Securities, Inc., received approval for conducting new businesses, including underwriting, private placements, mergers and acquisitions, mutual fund retailing, as well as selling group participant services from the Financial Industry Regulatory Authority (“FINRA”). Within two months of receiving these licenses, UP Fintech and its subsidiaries had participated in seven more Chinese ADR IPOs in the U.S.

With a staff that draws from its rich range of experiences in investment banking and financial services, UP Fintech is able to assist potential issuers on every step of their IPO planning. UP Fintech’s Corporate Services team advises issuers on capital structure, equity story, and the ECM/Sales team is able to connect issuers with over 200 institutional investors to build demand for the IPO.

In order to develop a comprehensive suite of corporate services for client firms, UP Fintech also provides ESOP management services to corporate clients, enabling them and their employees to conveniently manage their equity incentive schemes. After the IPO, UP Fintech assists issuers’ ESOP participants open brokerage accounts on its platform, which creates a new channel for client acquisition. Furthermore, after a successful listing, UP Fintech may offer other financial services to corporate clients to support secondary offerings or investor relations efforts.

In 2019, UP Fintech and its subsidiaries participated in 18 U.S. IPOs, and UP Fintech served as an underwriter in 12 of these IPOs. According to Bloomberg and SEC Edgar Data, UP Fintech and its subsidiaries led U.S. IPO underwriting of Chinese companies by deal count among brokerages in 2019.

In conclusion, UP Fintech’s growing corporate services are key to its strategy to create a comprehensive financial services platform that fulfills the needs of client companies at every step of their development and that also provides individual investors unparalleled access to global securities markets. Expect more news from UP Fintech as it helps a generation of Chinese companies go global.

 

SOURCE UP Fintech

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