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Web 3.0 Expert Kevin O’Leary To Speak At Blockchain Awards

The chairman of O’Leary Ventures and star of ABC’s Shark Tank will deliver a keynote speech at the Middle East Blockchain Awards.

Published

2 years ago

November 16, 2022

Nour Nasir

web 3.0 expert kevin o'leary to speak at blockchain awards

Crypto and future technology enthusiasts worldwide are gearing up for Abu Dhabi’s Middle East Blockchain Awards, which will take place on November 18th. To mark the occasion, web 3.0, blockchain, and cryptocurrency expert Kevin O’Leary will deliver an important keynote speech.

O’Leary will travel to Abu Dhabi as an ambassador of the business expansion initiative known as Access Abu Dhabi. The program is supported by the Abu Dhabi Investment Office and acts as a conduit for businesses entering the city’s thriving startup and innovation ecosystem. O’Leary has traveled to Abu Dhabi three times over the last two years and has considerable experience as a Web 3.0 investor.

“It’s a massive honor to have Kevin O’Leary deliver a keynote speech at the first edition of the Middle East Blockchain Awards. He’s a well-respected and renowned personality on an international level, especially for his work with blockchain and crypto. This is a phenomenal start to what we’re sure will become a long-lived series of Awards ceremonies recognizing some of the region’s finest Web 3.0 achievements,” says Bally Singh, Chairman, and Co-Founder of Hoko Group.

Also Read: Abu Dhabi Airports Exploring Options For Air Taxis

The Middle East Blockchain Awards will be supported by GEM Digital Limited, the headline sponsor, with support from the Abu Dhabi Residents Office, Inery Blockchain, and Everdome, the first hyper-realistic metaverse.

As to the ceremony itself, this year’s MEBA will be held in the beautiful Palm Garden of the five-star W Abu Dhabi – Yas Island, on the same weekend as the Formula One races. The black-tie event promises to be a spectacular evening and will be attended by high-profile individuals and a large panel of expert judges.

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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

2 days 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.