Katipult Enters UAE Market, Adds Leading Investment Firms As Clients
VANCOUVER, April 16th, 2018 /CNW/ - Katipult Technology Corp. (TSXV:FUND and FRA: K10 ), an industry leading and award-winning fintech company, is pleased to announce it has started coverage of the United Arab Emirates (UAE) after adding two leading investment firms in the country as clients.
Katipult has added two regulated firms from UAE to its client list including a subsidiary of a publicly listed entity on the Abu Dhabi Securities Exchange. One firm is a licensed investment company regulated by the Central Bank of the UAE, while the other is a financial services provider regulated by the Dubai Financial Services Authority (DFSA) providing Private Wealth Advisory and Corporate Finance.
Dubai and Abu Dhabi are both robust financial centers with a high quantity of prospective clients and an increasing friendly climate for financial technology (fintech) initiatives.
"We are continuing to explore the global opportunities in major financial centers and we are very excited with the addition of these firms as Katipult clients," said Brock Murray CEO of Katipult Technology Corp. "Our ability to attract great companies from international markets underscores Katipult's position as a market leader."
Murray added, "We're going to see investment firms look to leverage technology at a much faster rate as the industry transforms and that is great for Katipult. We plan to focus on key growth markets as we further build our sales and marketing team in 2018, and develop strong client lists in financial hubs such as Toronto, New York, London, Singapore, and UAE.