Dubai: SH Capital, a leading provider of digital treasury services management, has been formally granted its Category 3A Dubai International Financial Centre (DIFC) licence, allowing them to begin trading imminently.
The company, which launched at the start of this year, will empower small and medium sized enterprises (SMEs & MMEs) by providing access to world class global asset investment products, asset management, FX hedging solutions and investment products.
SH Capital’s unique service offering allows clients to benefit from the expert consultancy of its team, which has several decades of Tier 1 banking experience. The company has selected FinIQ, a leading capital markets technology provider for its fintech platform.
SH Capital acts as a digital prime broker for ambitious businesses, helping them to access leading and global tier one cash investment products. SH Capital is a subsidiary of parent company SH Financial Group, which launched with $3.5m funding in November last year.
Kevin von Neuschatz, Group CEO, SH Financial Group said: “Achieving formal certification to operate in this region is a major step for our business and we’re excited about the potential for growth across the UAE and GCC region as a whole.
“In the coming weeks we will accelerate our mission to provide investment solutions access to companies that need it most, with new senior hires, and acquisitions in the pipeline.”
Khalid Talukder, SEO, SH Capital Ltd, said, “We are delighted to have been formally granted our operating licence by the DFSA, allowing us to begin trading with immediate effect with the DIFC here in Dubai.
“The DIFC is positioning itself on the global stage to be a key financial aid linking east to west.
“After years of globally low interest conditions, SME and MME businesses are crying out for access to tier one grade investment products to optimise yield on excess cash and make their resources sweat harder. Our mission is to provide a complete assets under management (AuM) service for ambitious companies in the UAE &GCC region. By providing the insights and resources they need to survive, these businesses can thrive in current global economic conditions where central banks are unlikely to raise interest rates any time soon.
© Press Release 2021
Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.
The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.
To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.
