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Press Releases

Finocracy Leverages Leadership Development and AI to Scale Higher Education Financing for Underserved Young Women

  • Finocracy to provide innovative higher education financing solutions to underserved communities, through Human Capital Mudarabah linked with Artificial Intelligence.
  • Wedu, an award winning leadership development organisation, partners with Finocracy to launch Winnisa platform, to serve higher education financing needs of female students in Asia.
  • Winnisa intends to deliver income sharing agreement solutions in Bangladesh, Pakistan and Indonesia, in an initial phase over 5 years, targeting to serve thousands of students.

Singapore’s Alpha FinTech teams up with Finocracy to boost GCC’s growing e-commerce market

  • Singapore’s Alpha Fintech to enter GCC market; eyes predicted $20bn e-commerce sector by 2020.
  • Alpha’s pioneering multi-vendor enablement platform, valued at $250 million, enables banks to collaborate with Fintech’s by making integration and standardization simple and economical.
  • Finocracy and Alpha partnership opens up opportunities for GCC retailers to capitalise on 20% year on year e-commerce market growth. board of directors to build telco-banking sector alignment

“Bahrain and Denmark to create FinTech bridge to accelerate bank transformation in GCC”

  • Bahrain based Finocracy, and Denmark’s Copenhagen FinTech Hub sign cooperation agreement to fast track FinTech solutions in GCC
  • Finocracy to open up opportunities for Islamic banks to target 10 million consumers through collaboration with FinTech challenger platforms  
  • Talent Bridge and Business Bridge to enable 150 challenger FinTech companies in the Copenhagen FinTech ecosystem to explore entry into GCC market  
  • Telecoms veteran, former CFO of Batelco Sameer Altaf, joins Finocracy board of directors to build telco-banking sector alignment

“Finocracy adds Ernst & Young heavyweight, Ashar Nazim, to accelerate FinTech agenda for banks in the region”

  • Finocracy to open up opportunities for Islamic banks to target 10 million consumers through collaboration with FinTech challenger platforms
  • Ashar Nazim was previously Senior Partner and Global Head of Islamic Banking Practice for Ernst and Young
  • MENASEA region alone holds a population of more than 1 billion unbanked customers

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Mr Shahbaz Mirza
MENA Public Relations
+973 39227370
shahbaz@finocracy.com

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