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Winklevoss twins and global decacorn invest in US$29M Series A of Singapore-based fintech Volopay as it prepares APAC and MENA expansion

– The enterprise FinOps platform has taken on a strategic investment from global blue-chip investors to drive continued expansion and technology innovation– The Series A funding round comprised participation from JAM Fund, Winklevoss Capital Management, Accial Capital, Rapyd Ventures, Jeffrey Cruttenden – CEO of Acorns along with Access Ventures, Antler Global, and VentureSouq– Volopay plans to strengthen its footprint in APAC and MENA with a multi-market expansion alongside further investment in product development SINGAPORE, Mar 1, 2022 – (ACN Newswire) – Volopay, a Y Combinator-backed Singapore-based corporate cards, and payable management startup has successfully raised US$29 million in its Series A round through a mix of equity and debt. The investment round included participation from JAM Fund, Winklevoss Capital Management, Rapyd Ventures, Accial Capital, fintech veteran and angel investor Jeffrey Cruttenden – CEO of Acorns along with Access Ventures, Antler Global, and VentureSouq. The strategic investment from leading blue-chip investors will fuel Volopay’s foray into the APAC and MENA markets to tackle two of the most pressing problems that SMEs and startups face – high F...

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The 29th Edition of the Trescon’s World AI & RPA Show Paved the Way for AI and RPA in the MENA Region

MENA, Sep 11, 2021 - (ACN Newswire via SEAPRWire.com) - A clear, unambiguous, and widely communicated AI strategy is critical to the successful transformation of any IT organization; especially in this new normal. Pandemic or no pandemic - MENA had already witnessed an unprecedented adoption of AI over the past few years, and it continues to be one of the most vital and fast-growing businesses across MENA.To discuss this in detail, Trescon hosted more than 20 thought leaders and early adopters of future-tech who presented their ideas, innovations and case studies to an audience of IT Decision Makers, alongside leading solution providers such as Darktrace, Incorta, yellow.ai, Happiest Minds, and Uniphore to discuss the MENA region's AI prospects. The event focused on key topics such as Defensive AI technologies uniquely positioned to fight back, overcoming challenges of legacy infrastructure, data protection policy, skilled labour, and of course the pandemic situation which made shifting to Work from Home situations, Implementation of AI and RPA making the Govt. Operations more efficient, and much more.Some of the top speakers who attended the event included: - Eng Isha Aljassmy, IT...

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TheCapitalNet appoints Privity FZ LLE to expand MENA footprint

DUBAI, UAE, Aug 2, 2021 - (ACN Newswire via SEAPRWire.com) - TheCapitalNet (TCN), a SaaS company driving digital transformation in the Private Investment, Innovation, and Startup ecosystem globally, today announced that it has appointed Privity FZ LLE, an independent venture-focused advisory firm in the UAE, to bring the TheCapitalNet ecosystem to stakeholders across MENA, powered by Privity's strong presence and understanding of the ecosystem and the region.The MENA region is well placed on the digital transformation curve, backed by a growing investment landscape (know more about the investment landscape of MENA on TheCapitalNet TV [https://tv.thecapitalnet.com/tv/559544556]). The partnership aims to bring efficiencies and intelligence to stakeholders in the ecosystem provided for by the suite of products offered by TheCapitalNet.Startups, Innovation, and InvestmentTheCapitalNet products are used globally by Venture Capital firms, Private Equity funds, Angel Investors and networks, and family offices (TheInvestorNet); Incubators and Accelerators (TheIncubatorPro); Startups and Aspiring Entrepreneurs (TheBizPlanner) in many countries across the world, helping users attain a high d...

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WARC launches Prize for MENA Strategy 2021

LONDON, Feb 1, 2021 - (ACN Newswire) - WARC, the global authority on marketing effectiveness, has today launched the 2021 WARC Prize for MENA Strategy, a search for the best strategic thinking from the region's marketing industry that has driven results.Jury Chair: Peter DeBenedictis, MicrosoftNow in its fifth year, this case study competition is free to enter and is open to agencies, brand owners and specialists in any marketing discipline.This year's competition will be chaired by Peter DeBenedictis, Chief Marketing Officer, Middle East and Africa, Microsoft. Having lived and worked in the Middle East for more than 30 years, Peter has deep experience of growing business in diverse Emerging Markets. Before Microsoft, he led the marketing function for several of the world's leading brands, where he managed multiple investment programmes to drive top-line growth. Commenting on the awards, Peter DeBenedictis, said: "The ability to combine the art and science of marketing is one of many new challenges facing marketers today, and strategic thinking plays a key role in it. The WARC Prize for MENA Strategy leaves 'marketing for marketing's sake' to the side to shine a spotlight on effect...