News

Dubai Is Set To Host The 10th Global Blockchain Congress

Agora’s 10th Global Blockchain Congress is happening in Dubai on November 23rd and 24th, and promises to be a must-attend event.

Published

2 years ago

October 24, 2022

Nour Nasir

dubai is set to host the 10th global blockchain congress

Crypto fans from the Middle East and further afield are gearing up for the 10th Global Blockchain Congress, taking place in Dubai on November 23rd and 24th.

The Global Blockchain Congress is a world-renowned flagship event that focuses on the massively scaling public blockchain ecosystem and its capabilities. The event organizers, Agora Group, will showcase how the Blockchain can change the world, bringing insightful dialogue, announcements and product launches to this big UAE event.

This year, the event’s main themes are Digital Asset Regulations in the GCC, Web3 Platforms, Metaverse, Gaming, and NFTs. The expo is an exclusive closed-door congress that can only be accessed through an invite-only scheme, and will feature over 60 speakers, 150 investors, 30 sponsors, 20 media partners and well over 300 delegates.

Some of the event’s key partners and sponsors include:

Strategic Partners: Bluemoon
Gold Sponsors: Animal Concerts, Bitsliced, CryptoPerformance, Ghost Ivy, GoArt Metaverse, Securrency Capital, & Wild vEarth
Silver Sponsors: Boba Network, Caesium Lab & EverdreamSoft
Bronze Sponsors: Funganomics, Kinetix & MOI
Partners: Crypto Oasis, DEX Ventures, Galaxy, Kommunitas, Listing.Help, NewTribe Capital, SwissBorg Ventures & V2B Labs

The event promises educational talks from several distinguished speakers, including Amit Mehra, Asim Ahmad, Christian Borel, Dr. Simon Hassannia, Feras Al Sadek, Gaurang Desai, H.E. Gabriel Abed, Omar Rahim, Ralf Glabischnig, Saqr Ereiqat, Tim Grant and Valerie Hawley.

Also Read: Everdome Announces First-Ever Metaverse Soundtrack

Previous Global Blockchain Congress events have been a runaway success, and have hosted over 1,000 investors and 250 blockchain startups, raising millions in funding for partner projects worldwide.

As the world becomes increasingly connected, and technologies such as NFTs, AI and the Metaverse become more commonplace, the event will provide a forum to discuss how legal frameworks for digital assets can be built, as well as how these new technologies will fit into the world of gaming.

Further announcements are expected as we get closer to the event, but for now, you’ll need to register your interest here, as spots are strictly limited.

News

Mamo Completes $3.4M Funding Round To Enhance Fintech Services

The startup will use the influx of cash to expand into Saudi Arabia and across the wider GCC while improving its product offering.

Published

1 day ago

July 25, 2024

Nour Nasir

Mamo

UAE-based fintech Mamo has announced the completion of a $3.4 million funding round that will help the startup extend its market presence and improve its product offering. Investors included 4DX Ventures, the Dubai Future District Fund and Cyfr Capital.

Mamo’s platform offers “payment collection, corporate cards and expense management” to help small and medium-sized businesses consolidate and streamline their operations. With the latest influx of capital, Mamo will further develop its comprehensive suite of services and begin testing its product lines in Saudi Arabia, further extending its footprint across the GCC.

Imad Gharazeddine, co-founder and CEO of Mamo, stated: “We’ve been in the market for a while now and are incredibly proud of what our team has achieved. The holistic and expansive nature of our product offering has helped us continue to grow sustainably. This additional funding will allow us to reach our medium-term goals even faster. The support from new and existing investors is a testament to our strong expertise and the ability to deliver on our customer promise”.

Daniel Marlo, General Partner of lead investor 4DX Ventures, added: “We have immense trust in Imad’s vision, leadership and Mamo’s innovative approach to provide a user-friendly and comprehensive financial solution for SMEs that makes financial management more accessible and efficient. We are proud to partner with them and support their mission”.

Also Read: A Guide To Digital Payment Methods In The Middle East

Amer Fatayer, Managing Director of Dubai Future District Fund’s investment team, also commented: “Mamo’s localized product lines serve as an infrastructure for SME payments and spend management in UAE, a segment that is underserved by the country’s current banking infrastructure. The team has taken a product-first approach to consolidating SMEs’ financial journeys and building a fintech solution deeply embedded in a business’s core operations”.

To date, Mamo has raised around $13 million in investment funding and now boasts a team of 30 people. The company’s intuitive financial services platform has allowed over 1,000 businesses to consolidate their financial operations and significantly reduce payment fees.