News and Insight - Velexa & Ajyad Capital Partner for GCC Investment

Source: Velexa

Velexa and Ajyad Capital Partner to Revolutionise Digital Investing for GCC Residents

Discover how Velexa, a leading WealthTech innovator, and Ajyad Capital, a renowned Bahrain-based investment management firm, are joining forces to reshape the investing landscape across the GCC region.

This strategic partnership aims to support economic diversification and financial empowerment by introducing cutting-edge digital investing services tailored to the unique needs of private and institutional investors.

Transforming GCC Wealth Management with Innovative Solutions

A Vision for Economic Diversification Velexa and Ajyad Capital have signed a Memorandum of Understanding (MoU) to establish a strategic alliance that aligns with the GCC region’s economic goals. By combining Velexa’s advanced WealthTech solutions with Ajyad Capital’s deep regional expertise, this collaboration seeks to launch a modern Shari’ah-compliant investing and trading application.

Empowering Investors Across the GCC The partnership will serve investors in Kingdom of Bahrain, UAE, the Kingdom of Saudi Arabia, Kuwait, Sultanate of Oman and Qatar. With AI-driven, customisable wealth management platforms, the alliance will enable seamless access to global and local market venues. These tools are designed to empower individuals and institutions to achieve their financial objectives while adhering to Shari’ah principles.

Key Features of the Digital Brokerage Platform

• Comprehensive Market Access: Provides entry to both global and regional stock exchanges.
• Shari’ah Compliance: Ensures all investment products adhere to Islamic financial principles.
• Cutting-Edge Technology: Utilises AI to offer tailored wealth management experiences.

Strategic Importance and Leadership Perspectives

Velexa’s Vision for Regional Empowerment Velexa is uniquely positioned to leverage a world-class ecosystem of innovation to drive growth in the GCC. Tamara Kostova, CEO of Velexa, emphasises the importance of retaining wealth within the GCC:

“A significant portion of the region’s wealth is managed abroad. Our collaboration with Ajyad Capital aims to reverse this trend by creating a transformative ecosystem that empowers local investors and fosters sustainable economic growth.”

Ajyad Capital’s Commitment to Growth H.E. Mr. Saeed A J Al Faheem, Chairman of Ajyad Capital, highlights the alliance’s transformative potential:

“By aligning with Velexa, we are enhancing our services and positioning Ajyad Capital at the forefront of financial innovation in the GCC. This partnership reflects our dedication to driving sustainable growth and creating lasting value for our stakeholders.”

Mutual Benefits for Both Companies Through Ajyad Capital’s extensive regional network, Velexa’s institutional customers will gain unparalleled access to GCC markets. This cross-border collaboration underscores both companies’ commitment to fostering innovation, inclusivity, and growth.

Unlocking Opportunities for Cross-Border Investments

Seamless Access to GCC Markets Ajyad Capital’s connectivity to regional stock exchanges will open new opportunities for Velexa’s global clients. This initiative not only bridges financial ecosystems but also supports the GCC’s evolving financial landscape.

Modernising Wealth Management Practices The alliance is set to redefine investment products and services by integrating cutting-edge technology with personalised strategies. Ajyad Capital’s strong foothold in the region ensures a robust foundation for achieving this vision.

About Velexa

Velexa is a leading WealthTech company that empowers financial institutions of all sizes to seamlessly integrate investment products and services into their offerings, enhancing customer experiences and engagement. By offering customizable investing platforms, Velexa aims to democratize access to wealth management, enhance financial literacy, and unlock opportunities for investors globally. Operating across diverse international markets, the company boasts a robust presence in Europe, the GCC, and Southeast Asia, while continuing its global expansion with a recent entry into Brazil, solidifying its position as a key player in the global WealthTech ecosystem.

Velexa has been a member of Level39 since 2024.