AntChain’s Alliance Partner

Verofax Asia, a subsidiary of Verofax Limited, officially appears on AntChain’s Alliance Partner page as of July 23rd 2020. Privity is a pre-seed investor in Verofax Limited and is delighted to share this wonderful news with everyone. Please click details on Ant and their partners.

Verofax focuses on traceability as a service(TaaS) and is the first UAE based company backed by Privity since our inception back in 2004.

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Webinar: Future of Fintech Post Covid-19

Privity Participates in Verofax Pre-seed Investment Round

DUBAI, UAE, July 5, 2020 – (ACN Newswire) – Verofax Limited, a start-up building innovative Traceability services with the application of blockchain, closed its recent pre-seed investment round with participation from Privity FZ LLE, based in the UAE, acquiring an equity stake. Privity is an independent venture-focused advisory firm, founded in Dubai in 2004, that has backed and invested in more than a dozen portfolio companies since its inception. Wassim Merheby, Verofax CEO, commented, “We are truly thrilled to welcome Privity as a shareholder in Verofax. Traceability plays a key role in upgrading brand owners’ business through authenticity validation, advanced product marketing and access to financing and global markets. Traceability is a key enabler of digital transformation to automated and resilient supply chain services. In the markets where Traceability has been deployed such as China, sales increased by over 30% while consumer complaints dropped by 42%. It is just a matter of time for Traceability to become a must for ShopSafe compliance regulations, currently under review in the US.”

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Ralph Heimans visits Ministry of Culture & Knowledge Development

Ralph Heimans visits the Ministry of Culture & Knowledge Development and meets H.E. Noura Al Kaabi, Minister of Culture & Knowledge Development UAE.

Today was just magical…it ended with a dinner hosted by Sultan Sooud Al-Qassemi at the Versace Hotel. The afternoon was spent in Al Ain attending Mohammed bin Zayed Al Nahyan’s majlis where we were presented to his Highness and then met His Highness Mohammed bin Rashid Al Maktoum followed by Sheikh Nahyan bin Mubarak Al Nahyan. A rare treat for Ralph Heimans and I. We were humbled and overwhelmed by their combined warmth, kindness and attention.

Dr Amina Sambo-Magaji attended a 2-day workshop by Privity

Dubai, 30th January 2018

Dr Amina Sambo-Magaji, National Coordinator OIIE(Office for ICT Innovation and Entrepreneurship), NITDA attended a 2-day workshop conducted by Sleem Hasan, Founder & CEO Privity FZ LLE, on Jan 28th & 30th.
You can download the Workshop presentation here.

Privity’s Session at the MENA-ECA-APAC Network Meetings 2017

Dubai, UAE 15th November 2017

Privity Founder & CEO, Sleem Hasan, presented Session #8 at the MENA-ECA-APAC Network Meetings 2017 of the IFC (International Finance Corporation, World Bank Group) which took place earlier today in Amman, Jordan.

Please click onto the image to view or right-click to download the Presentation (PDF, 3.5 MB).