Fintech Revolution Summit 2023 to be Held in Morocco

Casablanca, Morocco, Dec 28, 2022 – (ACN Newswire) – TraiCon Events will be hosting Morocco's premier fintech event titled as "Fintech Revolution Summit" supported by Union of Arab Banks scheduled on the 27-28 February 2023 at the Hotel Sofitel, Casablanca, Morocco. This forum will be attended by over top 300+ participants includes BFSI experts, fintech leaders, ministry & central bank authorities, investors & corporates across the Morocco.


This summit aims to bring together fintech leaders & BFSI experts to discuss and deliberate the trends around financial technology and investment opportunities for finance sector. This dedicated event is the best opportunity to discover why the Morocco is and will remain the africa's leading financial services hub. FinTech founders, central bank officials, FSI experts, regulators, policy-makers, technologists, entrepreneurs, investors, academics and media from around the world will come together to learn, discuss, debate and network.

Featured Speakers:
1. Brahim Bourquia – Head Of Payment and Mobile, Bank Of Africa- BMCE GROUP
2. Dr. Wissam H. Fattouh – Secretary General, Union of Arab Banks
3. Mohamed Amine Harifi – Chief Financial Officer, Bisfor Logistic
4. Amina Driouch, – Chief Financial Officer , Essilor Group
5. Meriem Zairi – Managing Partner, EmergingTech Ventures
6. Dr. Abderrahim Hansali – President, Moroc
7. Segun Aina – President, Africa Fintech Network Nigeria
8. Amine Metni – Chief Financial Officer, Saint-Gobain Maroc

Attendees Profile: Chief Financial Officer, Head of Digital Payment, Head of IT, Head of Fintech, Chief Information Officer, Head of Retail Banking, Heads of Customer Experience, Angel Investor, Head of AML, Head of Financial Regulatory.

Many fintech and banking technology solution providers, cybersecurity companies, E-Payment & wallet companies, threat management, forex software and payment gateway companies would be participating in the Fintech Revolution Summit as Sponsors and Exhibitors who will be showcasing their host of solutions.

For more information please contact:
Eng. Prasanna, Event Producer at TraiCon Events
Email: prasanna@traiconevents.com
Mob: +0091-7708523918

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

HKTDC welcomes plans for border re-opening between Mainland China and Hong Kong

HONG KONG, Dec 28, 2022 – (ACN Newswire) – The Hong Kong Trade Development Council (HKTDC) welcomes the upcoming plans to re-open borders between Mainland China and Hong Kong. Resumption of travel will rejuvenate the convention and exhibition sector, boosting economic activity and helping to accelerate Hong Kong's economic recovery.

A spokesperson from the HKTDC said: "Given the importance of economic and social connectivity between the Mainland and Hong Kong, the resumption of quarantine-free travel between Mainland China and Hong Kong will certainly be welcomed by many international and Mainland business people who have been waiting for this good news. The unimpeded flow of international and Mainland travellers will also benefit the convention and exhibition sector."

"In the past three years, the HKTDC has been organising physical and online fairs and conferences as well as support programmes to help companies continue doing business during the pandemic. With the lifting of international travel restrictions in Hong Kong in recent months, we have also seen a gradual return of overseas participants to our events. We believe more international and Mainland companies will come to Hong Kong to do business when quarantine-free travel resumes between the Mainland-Hong Kong borders. To help companies capture even more opportunities, we have lined up a full programme of business events from January onwards."

Flagship conferences and fairs in January to kick off the new year

The HKTDC will kick off 2023 with the Asian Financial Forum (AFF) and Hong Kong Toys & Games Fair, Hong Kong International Stationery and School Products Fair, Hong Kong Baby Products Fair, and Hong Kong International Wine & Spirits Fair (Special Exhibition) in January, with missions to overseas cities in February, and the Jewellery show and Filmart in March. The Spring trade show season will see several large-scale events including the inaugural InnoEX, Electronics Fair (Spring Edition) , Lighting Fair (Spring Edition), Houseware Fair, Gifts & Premium Fair in April and International Healthcare Week in May.

About HKTDC

The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Follow us on Twitter @hktdc and LinkedIn

Media enquiries
Please contact the HKTDC's Communications and Public Affairs Department:
Sunny Ng, Tel: +852 2584 4357, Email: sunny.sl.ng@hktdc.org
Sam Ho, Tel: +852 2584 4569, Email: sam.sy.ho@hktdc.org

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

TD VC is Launching a $100M Web3 ‘Special Situation’ Fund with $10M in GP Commitments

DUBAI, UAE, Dec 27, 2022 – (ACN Newswire) – TradeDog Group, the parent company of TD VC, announced the launch of their $100 Million Web3 "special situation" fund. The fund announcement comes with a GP commitment of $10 Million. The fund will re-structure and invest in projects with good products and businesses but struggling token markets.

This strategic move is a reflection of the commitment of TradeDog Group to web3 technology and blockchain-based applications. It paves a path for funding web3 initiatives that aim to make web-based services powered by blockchain better and more accessible.

TradeDog will leverage its following of more than 3 million Traders and Investors to build an active trading community for the portfolio of TD VC Fund 2, while TradeDog Market Management (TDMM) will be useful to execute sophisticated strategies in live markets (exchanges & DEXs) if required.

TD VC is a Multi-Strategy fund with a portion allocated to a flagship strategy "special situations investment." Through this, TD VC will provide crypto businesses with tailored injections of capital based on the requirements of the token. The thematic fund will primarily invest in companies with strong fundamental businesses but whose token markets are underperforming. TD VC's goal is to support the long-term growth of the digital ecosystem while maximizing risk-adjusted returns for investors, all underpinned by an emphasis on value, downside protection, and upside optionality.

As the fund's strategic partner, TDeFi will leverage its successful track record as a blockchain startup incubator and support TD VC with a range of deal flow and advisory services.

Rupesh Pednekar will be leading the operations for the fund. He is a partner and a seasoned strategic business leader who will bring his experience in building and growing startups on board as well as extensive technology and institutional financial experience. Rupesh has advised multiple entrepreneurs, startups, and mid-size firms in their growth strategy and venture capital raise as part of a boutique advisory firm. Previously, he spent more than eight years at Moody's Investors Service in New York City, where he led several critical initiatives around regulatory compliance, process and methodology upgrades, and technology transformation. Prior to Moodys, Rupesh successfully led high-impact projects at Verizon Wireless, including the 4G launch, billing systems upgrades, and technology integration for the company's many acquisitions.

Speaking about TD VC's vision for the fund, Pednekar said: "There has been a massive influx of talent from WEB2 to WEB3 and at TD VC we are looking to leverage that and bring about more adoption. There are a plethora of use cases for Web3 technologies and it is changing how value and equity is distributed. We aim to be a catalyst for innovation and believe our funding models will empower creators and disruptors in the web3 space to revolutionize the existing multi-layered blockchain ecosystem."

TD VC's fund will invest in promising young companies and support the limitless possibilities of Web3 tech, allowing entrepreneurs to bring forth innovative projects offering actual value in building the internet on blockchain. TD VC believes the crypto industry must keep volatile markets from getting in the way of innovation driving mass adoption.

About TradeDog Group

TradeDog is a Group of Crypto companies that helps projects in their token life cycle. In addition to TD VC, the companies in the ecosystem consist of TDeFi (https://tde.fi), a Web3 incubator. TDx, a Token launchpad with more than 30,000 whitelisted retail investors. TDMM (https://tdmm.io) enables Liquidity and Markets Management, helping tokens with Price and Volume management. TD Research is a Market Intelligence and on-chain analytics provider.

Website: https://td.vc/

Name: Rishabh Gupta
Designation: Director
Mobile: +91 9045622473
Email: pr@td.vc

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

‘Winnie-the-Pooh’ Prequel Feature in the Works by Winvest Subsidiary’s IQI Media with Baboon Animation

New York, NY, Dec 27, 2022 – (ACN Newswire) – That cuddly bear and his motley pals are headed for the big screen, thanks to Baboon Animation and IQI Media, Inc., in a prequel to the A.A Milne’s classic book ‘Winnie -the-Pooh’.

Baboon Animation's Mike de Seve & John Reynolds (top) with IQI's Charlene Kelly & Khiow Hui Lim (bottom) are creating a new story for Winnie-the-Pooh. (Illustration by E.H. Shepard.)
Baboon Animation’s Mike de Seve & John Reynolds (top) with IQI’s Charlene Kelly & Khiow Hui Lim (bottom) are creating a new story for Winnie-the-Pooh. (Illustration by E.H. Shepard.)

“We’re tell the surprising origin story of the ‘silly young bear’ and his friends, when they were still kids, in a way designed to connect with 21st-century kids,” say Reynolds.

DreamWorks alumnus Mike de Seve (Madagascar, Monsters vs. Aliens) will direct, and co-write with fellow DreamWorks alum John Reynolds (The Mr. Peabody & Sherman Show).

Multi-Emmy-winning animation writing stars Baboon (Angry Birds, Gigantosaurus) have teamed up with IQI, a content incubator lab and subsidiary of WINVEST GROUP (OTCMKT:WNLV), to produce the prequel feature. DreamWorks alum Charlene Kelly (Next Gen), now CIO at Winvest, and Khiow Hui Lim, the founder of IQI and CSO of Winvest, will executive-produce.

“A.A. Milne’s bear has aged gracefully in the last hundred years,” said Kelly. “But what happened, back-when, that made him and his pals who they are in the book? A heck of a big adventure, that’s what – one that needs a big screen. Audiences will be transported to somewhere they never expected.”

“I think this unsinkable young cub is totally relatable for today’s kids, with his hell-bent craving for honey and his ludicrous schemes to get it,” adds de Seve, who directed on the original Beavis and Butt-Head series and feature and story-consulted on Shrek 2. He now helms Baboon, :The whole gang is hilarious, and are even more hilarious as kids, we’re finding out.”

Noting the success of the reboots of Peter Rabbit and Paddington, the Baboon team is applying its knowledge of entertainment for today’s kids to create characters they hope will resonate with all generations.

Baboon and IQI have set a planned release date of 2024 for the feature, followed immediately by the series. What will the young bear and his friends look like? ” You’ll see,” laughed Kelly. “Brace yourself for a surprise.”

With 31 Emmys Collectively, Baboon Animation’s team members provide world-class showrunning, writing, development and voices on some of the most successful brands globally. Mediare inquiries: news@baboonanimation.com .

Charlene Kelly, Executive Producer at IQI Media and CIO at Winvest, and Khiow Hui Lim, the founder of IQI and CSO of Winvest, will executive-produce the project. Interested financial partners can contact them at charlene_k@iqimedia.com and khiowhui@iqimedia.com

Media Contact
Agnes Tham, Investor Relations, Winvest Group Ltd.
Telephone: +1 (775) 996-0288
Email: info@winvestgroup.co
Website: https://www.winvestgroup.co/

SOURCE: Winvest Group Ltd.



Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

SMI Vantage Appoints F&B Innovator Jocelyn Chng to the Advisory Board Committee

SINGAPORE, Dec 27, 2022 – (ACN Newswire) – SMI Vantage Limited, an investment and management company listed on the mainboard of the SGX, today announced it has appointed Ms. Jocelyn Chng as a member of the Advisory Board Committee, effective 1 January 2023.

Ms Chng is the Group CEO of JR Group Holdings, a one-stop solutions provider for the F&B industry with capabilities in food manufacturing, automated cafes, and corporate F&B management. Over the years, Ms Chng has won numerous awards, including ASME's Women Entrepreneur of the Year 2001, the Montblanc Businesswoman Award in 2003 and was selected by EY to participate in its 2018 Entrepreneurial Winning Women Asia-Pacific Program. Under Chng's leadership, JR Group opened the world's first Vendcafe serving hot meals in Singapore. Chef-in- Box Vendcafe is an unmanned and automated all-vending machine cafe.

Having been personally involved with developing multiple companies and platforms particularly in the F&B space, Ms Chng has a deep understanding of what it takes to scale businesses to the next level. "I am delighted to welcome Jocelyn to our Advisory Board. She brings a wealth of experience in the F&B space, having launched many highly successful ventures and growing JR Group Holdings to where it is today. As our Company enters the Robochef business, her expertise and experience will be highly relevant and extremely helpful in helping us grow this business and helping the company look at other related opportunities." said Mark Bedingham, President and Chief Executive Officer.

In reply, Ms Chng said, "I am honoured to be appointed to the Advisory Board of SMI Vantage and am excited to learn more about SMI Vantage's exciting projects. F&B is in the midst of transformation from being a labour-intensive industry, to one that leverages on technology and automation for higher productivity and return on investment. SMI Vantage's use of Artificial Intelligence and Robotics in the Robochef concept is a good example of this trend in the F&B industry. I look forward to working closely with Mark, the Board, and the rest of the leadership team to capitalise on the many opportunities ahead and usher in SMI Vantage's next chapter of growth and success."

SMI would also like to thank Kevin Shao for his valuable contributions and advice to the Company during his time with us at SMI.

About SMI Vantage

SMI Vantage Limited is an investment and management company focused on capitalising on strong trends in the new economy including technology-based SaaS services and other high- tech platforms. Listed on the Main Board of the Singapore Stock Exchange, SMI Vantage Limited has a highly capable and experienced management team with a proven track record in building strong business partnerships and alliances. https://www.smivantage.com/

For media queries, please reach out to:
Waterbrooks Consultants Pte Ltd
Wayne Koo – wayne.koo@waterbrooks.com.sg +65 9338-8166
Derek Yeo – derek@waterbrooks.com.sg +65 9791-4707

Proud Investor Relations partner:
https://www.waterbrooks.com.sg/ and https://www.shareinvestorholdings.com/

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

SMI Vantage Appoints Well-Known Business Personality: CSR, ESG and Organisational Development Expert Leong Lai Yee to the Board

SINGAPORE, Dec 27, 2022 – (ACN Newswire) – SMI Vantage Limited, an investment and management company listed on the mainboard of the SGX, today announced it has appointed Ms. Leong Lai Yee, Edna as an Independent and Non-Executive Director to the Board, effective 1 January 2023. She replaces Wee Sung Leng who is stepping down having served over nine years on the SMI Board, as part of the Board renewal process.

Ms Leong is currently the Deputy Director and Head, Communications, Partnerships & Fund Development of RSVP Singapore The Organisation of Senior Volunteers. RSVP is an Institution of Public Character and the National Centre of Excellence for Senior Volunteerism under the patronage of Mdm Halimah Yacob, President of the Republic of Singapore.

Ms Leong's extensive experience in marketing, investment, banking and consulting includes stints in some of the world's largest financial institutions. Following her passion for a more equitable and caring society, she has in recent years, been more involved in heading non-for-profit NGOs (non-governmental organisations) and social enterprises.

Commenting on Ms Leong's appointment, Mark Bedingham, President and Chief Executive Office said, "I am delighted to welcome Edna to our Board at the start of this new year. Besides her proven entrepreneurial talent, she brings with her valuable and deep experience in the areas of corporate social responsibility, corporate governance and organisational development. She has worked tirelessly over the years towards the goal of a more equitable and caring society and will help SMI develop a pathway to a more inclusive approach to its corporate responsibilities and a fresh approach to ESG related matters."

Ms Leong replied, "I am excited to be appointed to the Board of SMI Vantage and look forward to assisting SMI Vantage with its many new projects and businesses and being part of the company's next chapter in its business journey I would like to see the Company be a responsible and strong corporate citizen that is able to give back to society. Being personally involved with various social enterprises over the years, I am passionate about bringing more "heart" to all we do. I will work closely with Mark, the Board, and the rest of the leadership team to capitalise on the many opportunities ahead and usher in SMI Vantage's next chapter of growth and success."

The Company would also like to take this opportunity to thank Wee Sung Leng for his valuable contribution and advice to the Board during his extensive service with SMI.

About SMI Vantage

SMI Vantage Limited is an investment and management company focused on capitalising on strong trends in the new economy including technology-based SaaS services and other high-tech platforms. Listed on the Main Board of the Singapore Stock Exchange, SMI Vantage Limited has a highly capable and experienced management team with a proven track record in building strong business partnerships and alliances. https://www.smivantage.com/

For media queries, please reach out to:
Waterbrooks Consultants Pte Ltd
Wayne Koo – wayne.koo@waterbrooks.com.sg +65 9338-8166
Derek Yeo – derek@waterbrooks.com.sg +65 9791-4707

Proud Investor Relations partner:
https://www.waterbrooks.com.sg/ and https://www.shareinvestorholdings.com/

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Shares of Major Global Medical Device Manufacturer OrbusNeich Medical Group Commence Trading on the Main Board of The Stock Exchange of Hong Kong

HONG KONG, Dec 23, 2022 – (ACN Newswire) – Shares of OrbusNeich Medical Group Holdings Limited ("OrbusNeich" or the "Group"), a major global medical device manufacturer specialized in interventional instruments for percutaneous coronary intervention (PCI) and percutaneous transluminal angioplasty (PTA) procedures, today commenced trading on the Main Board of The Stock Exchange of Hong Kong Limited ("HKEX"), under the stock code 6929.


Mr. Teddy Chien, Chairman Emeritus and Founder (right) and Mr. David Chien, Chairman, Executive Director, Chief Executive Officer (left), together strike the ceremonial gong, marking the Group's listing on the Main Board of HKEX

Mr. David Chien, Chairman, Executive Director, Chief Executive Officer (right) presents a souvenir to HKEX

OrbusNeich makes a generous donation of HK$3,000,000 to HKEX Foundation to secure the auspicious stock code number "6929". Mr. David Chien, Chairman, Executive Director, Chief Executive Officer (right) presents the cheque to HKEX

(From left to right): John Chow,Executive Director and Head of Business Development; Jason Chen, Executive Director, Chief Financial Officer and Company Secretary; Gloria Tam, Independent Non-executive Director; Denise Lau, Executive Director and Chief Operating Officer; Teddy Chien, Chairman Emeritus and Founder; David Chien, Chairman, Executive Director and Chief Executive Officer; George Lau, Independent Non-executive Director; Angus Chan, Independent Non-executive Director


About OrbusNeich Medical Group Holdings Limited
OrbusNeich is a major global medical device manufacturer specialized in interventional instruments for percutaneous coronary intervention (PCI) and percutaneous transluminal angioplasty (PTA) procedures. Headquartered in Hong Kong, China, OrbusNeich sells products to over 70 countries and regions worldwide, and it is also the only PCI balloon manufacturer headquartered in China that ranked among the top 6 players in all major overseas PCI balloon markets including Japan (Ranked No. 2), Europe (Ranked No. 4), and the U.S. (Ranked No. 6) in terms of sales volume of PCI balloons in 2021 in accordance with the CIC Report. In addition, in terms of sales volume of PTA balloons in 2021, it ranked No. 3 in Japan and No. 4 in the U.S., respectively. It also specializes in coronary stent products and is actively expanding into neuro vascular intervention and structural heart disease areas. OrbusNeich owns more than 180 granted patents globally. Its in-house R&D team has over twenty years of product development experience and has developed proprietary, world leading technologies.

For more details, please visit the Group's official website: https://orbusneich.com/


Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

‘Switching On the SUN’ – Samaiden Officially Turns on First Power Generation Facility at Sunway Nexis

PETALING JAYA, Malaysia, Dec 23, 2022 – (ACN Newswire) – Samaiden Group Berhad (Bursa: SAMAIDEN, 0223), a clean energy solution specialist principally involved in engineering, procurement, construction, and commissioning (EPCC) of solar photovoltaic (PV) systems and power, is pleased to announce that the Group's wholly-owned subsidiary, Samaiden Capital Management Sdn. Bhd.'s first solar investment project at Sunway Nexis has commenced operation on 23 December 2022.
Sunway Nexis Management Corporation Chairman, Mr. Teo Poh Heng[L]; Group Managing Director of Samaiden, Ir. Chow Pui Hee


Samaiden will operate and maintain the rooftop solar PV system with an installed capacity of 531 kilowatt-peak (kWp) for a duration of 20 years. Based on the generation of 12.5 million kilowatt hour (kWh) over the 20-year period, this can reduce approximately 8,400 tonnes of carbon emissions.

Group Managing Director of Samaiden, Ir. Chow Pui Hee said, "As part of the diversification plan for our Group, we are delighted to see the completion of this first investment project, in which the Power Purchase Agreement (PPA) was signed with Perbadanan Pengurusan Sunway Nexis (Sunway Nexis Management Corporation) back in December 2021."

"This is a remarkable milestone for us as this facility will contribute positively to our revenue and cash flow on a recurring basis for 20 years."

Sunway Nexis Management Corporation Chairman, Mr. Teo Poh Heng said, "We must focus on the future of our planet and emphasize sustainability of renewable energy (RE) and Sunway Nexis is happy to partner with Samaiden as the solar PV investor as this will certainly help to raise awareness of RE and its benefits to the owners and tenants of the building. I must thank Samaiden for taking this bold initiative to invest in Solar PV for Sunway Nexis as this is in line with our nation's initiative on implementing Environmental, Social and Governance (ESG) principles in the workplace. It starts with wise and timely corporate decisions that has long-term repercussions for all concerned."

"With the recent announcement made by the Minister of Natural Resources, Environment and Climate Change YB Nik Nazmi Nik Ahmad on the surcharge of 20 sen/kWh to be imposed for industry medium voltage and high-voltage users including multinational corporations, we foresee that the solar PV system will be the best alternative for them to deploy in order to reduce their electricity bills," Ir. Chow noted.

Samaiden Group Berhad: 0223 [BURSA: SAMAIDEN], https://samaiden.com.my/

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

World Fintech Show features dynamic collaborations set to influence the direction of fintech in Saudi Arabia.

After two thrillingly eventful days, World Fintech Show, Powered by Revival Lab, Fintactics, and Arbah Capitalconcludes after leaving the Saudi fintech industry with a lot to look forward to. This event is widely considered a pivotal turning point for the Saudi Arabian fintech market.

Riyadh, Saudi Arabia, Dec 22, 2022 – (ACN Newswire) – Some of the biggest names and most brilliant minds in the fintech and financial services attended Trescon’s World Fintech Show held on the 5th and 6th of December at the InterContinental, Riyadh. The event heavily focused on unleashing the potential of Saudi Arabia’s fintech sector. World Fintech Show aided in establishing strategic alliances aimed at transforming the financial services industry for the foreseeable future.

The event began with a special speech by Eng. Mansour Alobaid, Chairman Information & Communication Tech Committee, Riyadh Chamber, was then followed by a talk by Mr. Issam Abousleiman, Country Director, World Bank, on fintech in Saudi Arabia.

World Fintech Show, which is renowned for its insightful panel discussions, featured discussions on topics like “Open Banking today to Open Finance tomorrow,” “Moving towards a cashless society,” “Regulatory compliance with FinTech legislation,” “Leveraging Big data, AI & Machine Learning across Fintech” and “Tackle real-world industry challenges to build a Fintech start-up with a viable business model.” The panel talks were all focused on industry challenges, the financial industry’s future, and the influx of innovative financial concepts.

World Fintech Show served as a platform for Revival Labs, and Arbah Capital to formalize their alliance and announce the launch of their joint venture, Fintactics Studio.

Fintactics will focus on assisting internal businesses and investing in cutting-edge, high-growth fintech ventures throughout the Kingdom, MENA, and the rest of the world. Fintactics is supported by a 150Mn SAR CMA-sanctioned VC fund.

The papers were signed between:

  • Saad Almoammar, Chairman, Revival Lab
  • Anas Aldowayan, Board Member, Revival Lab
  • Mohammed Al Maghlouth, Co-founder and CEO, Revival Lab
  • Haitham Alsahfy, Co-founder and CEO, Fintactics
  • Mahmoud Koohaji, CEO, Arbah Capital
  • Hisham Al Rashed, Board Member, Arbah Capital
  • Fahad Alrajhi, Board Member, Arbah Capital

Mahmoud Koohaji, CEO of Arbah Capital, mentioned: “We are now witnessing a notable flow of opportunities with unique quality, and through this cooperation, we are committed to creating a suitable business environment to enhance excellence and growth in the financial sector.”

According to Mohammed Al Maghlouth, CEO of Revival Lab: “We have worked to provide innovative initiatives for the financial sector in the Kingdom of Saudi Arabia, and we aim to enable the fund to support other regions globally.”

Partnership Agreement of Fintactics & Aion Digital

Aion Digital, a digital banking platform that strives to revitalize banking through customer-centric digital transformations is working with Fintactics to shape the financial landscape of the future. Both companies will jointly develop and expand important digital products in the GCC and MENA thanks to this collaboration.

The papers were signed between:

  • Haitham Alsahfy, Co-founder and CEO, Fintactics
  • Mohammed Al Maghlouth, Managing Partner, Fintactics
  • Abdulatif Al Rajhi, Chairman, Aion Digital
  • Ashar Nazim, Founder and CEO, Aion Digital

Haitham Alsahfy, CEO of Fintactics Ventures, said: “As a venture builder specialized in fintech, we seek to make Fintactics Ventures the initiator and supporter of rapid growth in the sector on solid foundations creating an attractive environment for competition and entrepreneurship by providing resources and capabilities through cooperation to accelerate the development process in startups, and be among the recent organizations to strengthen the national ecosystem in the field.”

The signing of Reg-Tech (Lezaam) JV agreement

A new joint venture between Fintactics and Aion Digital- Lezaam will offer RegTech-as-a-Service with all features and capabilities required for digital onboarding and eKYC from journey orchestration, compliance, AML screening, and digital forensics.

The papers were signed between:

  • Haitham Alsahfy, Co-founder and CEO, Fintactics
  • Mohammed Al Maghlouth, Managing Partner Fintactics
  • Abdulatif Al Rajhi, Chairman, Aion Digital
  • Ashar Nazim, Founder and CEO, Aion Digital

Partnership Agreement of Fintactics & Bitfy HoldingsFintactics has invested in Bitfy Holdings, a Brazilian-based venture pioneering “Blockchain as a Service” to offer tokenization of illiquid assets. Fintactics will be able to localize blockchain tokenization and securitization technologies of physical and illiquid assets. This investment was followed by a partnership at World Fintech Show in Saudi Arabia. The papers were signed between:

  • Haitham Alsahfy, Co-founder and CEO, Fintactics
  • Mohammed Al Maghlouth, Managing Partner Fintactics
  • Lucas Schoch, Founder and CEO, Bitfy Holdings

Launch of Holoul

Utilizing the opportunity of being present at World Fintech Show, the launch of the most recent Fintactics Venture, Holoul was also announced. Holoul is a digital mortgage platform that focuses on facilitating and enhancing homeownership. The numerous market dynamics and political encouragement from ministries were the driving forces behind this. In addition, it’s a marketplace where customers can find a variety of luxury home products that suit their demands.

The papers were signed between:

  • Haitham Alsahfy, Co-founder and CEO, Fintactics
  • Meshari Albashiri, CTO, Fintactics
  • Basil Al Shamlan, Founder and CEO, Holoul Venture

Apart from these momentous MoU signings, the event also witnessed an excellent mix of back-to-back panel discussions, keynote speeches, use cases, and exclusive networking opportunities.

The second day of the World Fintech Show featured some compelling topics. Mr. Wasif Hasan, Sr. Director Global Trade & Supply Chain, Al Rahji Bank, gave a noteworthy keynote speech that focused on the digitalization of financial services and the expanding Saudi fintech sector. In his presentation, “Banking as a service – A boon for Fintech providers,” Mr. Mohammad Nasrullah, Head of Transactional Banking, Arab National Bank, spoke extensively on the $7 trillion opportunity in the financial sector.

Speaking on Mapping the fintech landscape in Saudi, Mr. Kholoud Alharbi, Entrepreneur Selection, & Growth and Research Insight Associate, Endeavor talked about how Saudi can achieve the international market benchmark soon.

Panel discussions on topics like “Anti-Money Laundering (AML) – Safeguard financial systems & customers,” and “Stimulating venture investments with the goal of minimizing financial gaps for startups” offered insightful information on compliance issues that organizations face and how to easily overcome them as well as financial systems that are reshaping the financial market.

Startup Grand Slam Pitch Competition

Startup Grand Slam is a dedicated pitch competition for startups in the fintech space that are either preparing to launch their business, or the ones who are planning expansion. It brought together leading early-stage startups for a live on-stage battle where they get to pitch their ideas to some of the most influential people in the emerging tech space.

The winner of the Grand Slam Pitch Competition was Mr. Oleg Kryukovskiy, Co-Founder of Kilde Financial Technologies. Kilde arranges unique private credit deals with consumer finance companies, offering investors a fixed yield of 10-12% per annum.

“The event opened business opportunities for companies in the fintech space, offering them the opportunity to network with potential customers and partners, as well as to showcase their products and services. It also provided a platform for educational and knowledge sharing sessions, featuring industry experts and thought leaders, as well as a showcase of innovative technologies, products and services. Attendees had the chance to learn about the latest trends and developments in the fintech industry, as well as gain insights on how to successfully launch and scale their businesses,” said Mr. Mithun Shetty, CEO, Trescon.

Leading global corporations from 10 different countries supported World Fintech Show, and a list of distinguished sponsors, each one backed by a history of excellence collaborated to establish a platform for the future. These include:

About Trescon

Trescon is a global business events and consulting firm that provides a wide range of business services to a diversified client base that includes corporations, governments, and individuals. Trescon specializes in producing highly focused B2B events that connect businesses with opportunities through conferences, roadshows, expos, demand generation, investor connect, and consulting services.

For further details about the announcement, please contact:

Nupur Aswani
Head – Media, PR and Corporate Communications, Trescon
+91 9555915156 | media@tresconglobal.com



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Moshi Moshi Retail (SET: MOSHI) debuts on SET as it pursues aggressive growth to reign supreme in lifestyle product retailing

BANGKOK, Dec 22, 2022 – (ACN Newswire) – Moshi Moshi Retail Corporation (SET: MOSHI) is set to make a debut on the Stock Exchange of Thailand (SET) on 22 December, marking a new chapter of the flourishing business of Thailand's leading lifestyle product retailer.


It follows an enthusiastic initial public offering (IPO) launch that saw its 75 million shares snapped up in a show of investors' confidence in the potential of MOSHI. By going public, the company is ready to embark on a major expansion that will see its chain stores rising to 165 by 2025, thus maintaining its leadership in Thailand's lifestyle product market.

Mr. Sanga Boonsongkor, Chief Executive Officer of MOSHI, said the entry to the Thai bourse represents a major new milestone in the company's successful history. With the potential, competitive edge, and fundamentals as the major player in lifestyle goods retailing, MOSHI shares would gain the strength that attracts investors' attention, he stated. Currently, the company is involved with up to 12 product categories that meet the needs of customers. They are home furnishing, bags, stationery, plush dolls, fashion accessories, beauty products, apparel, cosmetics, IT equipment, toys, food and drink, and other categories such as fabric masks and COVID-19 Antigen Test Kit. Altogether, there are more than 22,000 stock keeping units (SKUs) in MOSHI's system.

The products come in collection forms with new offerings being laid out in stores every month to make it appealing to buyers with colors and patterns designed by the company's in-house team and licensed cartoon characters such as Mickey Mouse, We Bare Bears, Winnie the Pooh, Snoopy, and Hello Kitty. The firm will use the proceeds from the fundraising for store expansion and investment in future projects. That includes the development of the original branches and improving the efficiency of the company's operations such as the development of supply chain systems and point of sale systems. In addition, MOSHI is pondering the establishment of stand-alone stores outside department stores in areas close to target customers such as community areas and schools, as well as opening franchised outlets.

The target is for ramping up Moshi Moshi and GIANT outlets to 165 stores by 2025 from 101 operating as of 30 September 2022. Most of the outlets are located in leading department stores, hypermarkets, and local department stores nationwide.

Mr. Sanga noted that the company would open two trial stand-alone branches in secondary provinces outside department stores at locations in communities, schools, and government centers. "We will study customer and shopping behaviors in secondary provinces to determine the product mix that is suitable for outlets in those localities, taking sale figures, and profit margins to analyze and determine the appropriate format of a franchise as MOSHI has set its sights on expanding its franchised operations in 2024."

Mr. Pongsak Phrukpaisal, Managing Director of Kasikorn Securities PCL which serves as a financial adviser and underwriter for MOSHI allotment, said the company is ending 2022 with a high note, thanks to its listing on the SET. He said: "MOSHI is in the lifestyle product industry which is growing faster than the retail industry in general. "That is because lifestyle products are an indication of identity and therefore it has expanded according to the growth of the middle class.

Moreover, MOSHI has advantages over competitors such as the management team with a long retail business experience and a good relationship with manufacturers and distributors both at home and abroad. Yet, MOSHI has many products that are only available at its stores. By being a Thai company with its own procurement and product development department, it has a good understanding of the market and the needs of the Thai people. As a result, the company has been able to constantly launch new products to respond to the demand trends of customers that change quickly. Meanwhile, MOSHI has an outstanding store design that makes it different from other operators' shops," he concluded.

Visit https://www.moshimoshi.co.th/, [SET: MOSHI][SET: MOSHI/F][SET: MOSHI-R].

Released for Moshi Moshi Retail Corporation for MT Multimedia Co Ltd
Onanong Pattaravejkul (Fah), T: +66 (0) 86-801-8888, E: ornanong.p@mtmultimedia.com

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