PRESS RELEASE

Shoraka Suyula Platform secures license from Dubai International Financial Centre

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The handover was held in the Fintech Hive at the DIFC in Dubai

KUALA LUMPUR: Shoraka Suyula Platform (“SSP”), a subsidiary of Shoraka Digital Ventures (“Shoraka DV”) secures the Innovation License from the Dubai International Financial Centre (“DIFC”), the leading global financial centres in the Middle East, Africa and South East Asia (MEASA).

Securing this License is the first crucial step in the company’s journey in expanding into the region. Johar Amat, the Managing Director of Shoraka DV states that being present in one of most vibrant fintech hubs in the world would enable SSP, the fintech start-up operating a Re-Rahnu Platform, the opportunity to tap into the pool of global talents and the vast networking available at the DIFC Fintech Hive.

 “The license will be a step in the right direction for SSP to build on its journey beyond the SEA region and it marks a major milestone for SSP for its global expansion plan beyond its home-market” Johar added.

Shoraka DV is the digital technology arm under Shoraka Group. A Malaysian-based company with interest in high-growth technology serving the digital technology industry. It develops several of its own Fintech platforms which includes the Shoraka Suyula Platform.

DIFC is the leading financial hub for the MEASA region, it has the DIFC Innovation Hub, which is the region’s first ecosystem dedicated to bringing the Fintech and innovation community together to shape the future of finance and the economy. The innovation license is the initiative of Dubai Future District under the DIFC to support innovation, creativity, and entrepreneurship in the region.  

The official handover of the license was celebrated at the DIFC by both parties on 30 June.

About Shoraka Digital Ventures

Shoraka Digital Ventures (Shoraka DV), is a Malaysian-based digital technology arm under Shoraka Group. A grouping that houses high-growth technology companies in industries serving information technology, finance and digital automation led by experienced financial and technical specialists.

 

About Shoraka Suyula Platform

Shoraka Suyula Platform (SSP) is Shoraka DV’s hi-tech digital marketplace for Ar-Rahnu Operators (ARO) to raise short-term funding by Re-Rahnu on the Platform.

 

For more information on Shoraka Digital Ventures, please visit www.shorakadv.com.

 

Issued by Shoraka Digital Ventures

 

For media enquiries, please contact:

Azrina Azizi (+6017–399 3212)

Senior Executive, Corporate Communications and Strategy

azrina@shorakagroup.com