Specialist provider of digital treasury services management, SH Capital has been officially granted its Category 3A Dubai International Financial Centre (DIFC) license, allowing them to start trading very soon.
SH Capital, which launched at the start of this year, will empower small and medium-sized enterprises (SME) by offering access to world-class global asset investment products, asset management, FX hedging solutions and investment products.
The company’s one-of-its-kind offerings allow clients to benefit from the expert consultancy of its team. SH Capital has also 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. The firm is a subsidiary of the parent company SH Financial Group, which launched last year with $3.5 million funding.
“We are delighted to have been formally granted our operating license 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 optimize yield on excess cash and make their resources sweat harder.”
The company aims to provide a complete asset under management (AuM) service for ambitious companies in the UAE and GCC region. By providing the insights and resources for SMEs that need to survive, these businesses can thrive in current global economic conditions where central banks are unlikely to raise interest rates any time soon.
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.”
Related: India’s Malabar Gold & Diamonds redomiciles to DIFC; Joins Nasdaq Dubai’s CSD