News

Montblanc Combines Luxury With A Twist In Latest Wearable

Montblanc’s new Summit 3 Smartwatch is an exercise in classic watchmaking, but comes loaded with the latest wearable technology.

Published

2 years ago

September 6, 2022

Nour Nasir

Montblanc

As a purveyor of fine timepieces, luxury pens and luggage, Montblanc is no stranger to high-end design. The German brand created its first smartwatch back in 2017 and has just released its latest timepiece, the Summit 3, a high-end wearable aimed at a well-heeled “business lifestyle” audience.

Featuring a hand-crafted titanium case with optional calf leather straps, the watch sits at the high end of the wearable genre and manages to make an Apple Watch look positively ordinary by comparison. Here’s what Montblanc’s CEO had to say about the latest release:

“The Montblanc Summit 3 smartwatch takes luxury smart watchmaking to new heights, pairing premium materials with all the functionalities our clients need as they navigate their day more seamlessly and effectively. The personalization options are also extensive to reflect different style identities,” says Nicolas Baretzki, CEO of Montblanc.

montblanc summit 3 smartwatch

The smartwatch runs Google’s Wear OS and includes three different versions under the same Summit 3 line:

Titanium Gray with black calf and blue rubber straps.
Titanium Black with black calf and black rubber straps.
Titanium Bicolor with Montblanc Extreme 3.0 British green calf strap and black rubber straps.

Personalization options are enormous and include variations in the watch face, such as the 1858, Geosphere or Bohème — though all Summit 3 variants feature a raft of modern tech, generating daily progress, health insights and workout goals for the wearer.

Also Read: Fitbit Unveils 3 New Fitness Trackers — Without Wear OS 3

As well as looking and feeling beautiful, the Montblanc Summit 3 features a personal health suite that includes step tracking, sleep monitoring, and blood oxygen measurement. Of course, with OS Wear, it’s also possible to add apps such as Google Maps and Google Pay, whilst Montblanc’s improvements mean that the battery life of the Summit 3 easily beats the outgoing model.

So what will all of this high-tech titanium-wrapped goodness set you back? Expect to pay $1,290 for the base models before adding any extras.

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.