LULU FINANCIAL BAGS BEST NETWORK ACCELERATOR AT ANNUAL BLOCKCHAIN INNOVATION AWARDS

KUALA LUMPUR, Nov 21 (Bernama) -- LuLu Financial Holdings, an Abu Dhabi-based holding company with several investments in financial services in the Asia-Pacific (APAC) region, has been adjudged winner in the Network Accelerator category of the annual Blockchain Innovation Awards.

The Blockchain Innovation Awards recognises game changers in the financial services, crypto and digital payments sector and is conducted as part of Ripple’s annual Swell Conference, which was held in London this year.

“It is a proud moment for all of us at LuLu Financial Holdings to be recognised with the coveted Network Accelerator award.

“The award reflects our efforts to adopt digital technologies towards advancing the cross-border payments ecosystem,” LuLu Financial Holdings managing director Adeeb Ahamed said in a statement.

Additionally, Ahamed was invited to speak in a panel discussion held as part of the two-day event.

With primary services including cross-border payments, currency exchange and wholesale banknotes, the company’s investments in the APAC region span the Philippines, Malaysia, Hong Kong and Singapore.

-- BERNAMA