• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Upcoming Events
    • Blockchain Week Rome (May 9-10, 2025)
    • Canada Crypto Week, Toronto (May 11-17, 2025)
    • Blockchain Futurist Conference, Toronto (May 13, 2025)
    • ETHWomen, Toronto (May 13, 2025)
    • HODL, Dubai (May 14-15, 2025)
    • Money20/20, Amsterdam (June 3-5, 2025)
    • TWS, Singapore (July 28-29, 2025)
    • European Blockchain Convention, Barcelona (October 15-17, 2025)
  • Past Events
    • Blockchain Life
    • BlockShow Europe
    • Event Horizon

Crypto Reporter

Online magazine about cryptocurrencies, NFTs, DeFi, GameFi and other blockchain technologies

Join us on Telegram: https://t.me/crypto_reporter
Use €200 discount code CRYP200 to buy tickets to Money20/20 (Amsterdam, June 3-5, 2025)
  • News
    • News Feed
    • Cryptocurrencies
      • Bitcoin
      • Altcoins
    • Payment solutions
    • Exchanges
      • Binance
      • bitFlyer
      • Bitfinex
      • CBOE
      • CME
      • Coinbase
      • Coincheck
      • Coinfloor
      • Nasdaq
      • Poloniex
    • Regulations
      • Australia
      • Belarus
      • China
      • Europe
      • India
      • Iran
      • Israel
      • Japan
      • North Korea
      • Philippines
      • Portugal
      • Russia
      • South Korea
      • Thailand
      • Turkey
      • Venezuela
      • Vietnam
      • United States
    • Blockchain platforms
    • Crypto news in brief
    • Stats & trends
    • Reviews
      • Ambrosus
      • ATN
      • Dash
      • Green Power Exchange
      • Power Ledger
      • ShapeShift
      • Waltonchain
      • Cryptocurrency market capitalization can top 4 trillion USD, under conservative estimates
    • Opinion
    • Sponsored
  • Press Releases

LuLuFin Wins Best Network Accelerator at Ripple’s Annual Blockchain Innovation Awards

November 21, 2022 By Business Wire

The financial services company has been a major adopter of Ripple’s XRP for cross-border payments in the Asia Pacific region

LONDON--(BUSINESS WIRE)--LuLu Financial Holdings – an Abu Dhabi based holding company with several investments in financial services in the APAC region, has been adjudged winner in the Network Accelerator category of the annual Blockchain Innovation Awards.


The Blockchain Innovation Awards recognizes gamechangers in the financial services, crypto and digital payments sector, and is conducted as part of Ripple’s annual Swell Conference.

This year, the event was held in London, with attendance of several industry stalwarts.

Accepting the award on behalf of his organization, Mr. Adeeb Ahamed, Managing Director of LuLu Financial Holdings, said, “It is a proud moment for all of us at LuLu Financial Holdings to be recognized with the coveted Network Accelerator award. The award reflects our efforts to adopt digital technologies towards advancing the cross-border payments ecosystem. As early adopters of Ripple’s XRP for B2B applications, the On-Demand Liquidity (ODL) facility has helped us optimize fund management in our APAC corridor within permissible regulatory frameworks. We remain committed to our digital transformation efforts to make cross-border payments convenient & seamless for our consumers and strategic technology partners.”

Mr. Ahamed, who was invited to speak in a panel discussion held as part of the two-day event, said that the role of every stakeholder in this ecosystem is to build trust. He added that the world is seeing real use cases of blockchain led technologies, with further potential lying untapped in the area of AML/CFT.

He also spoke about how the introduction of regulated digital currencies by some of the major global economies will eventually contribute to their widespread acceptance in other jurisdictions.

LuLu Financial Holding’s investments in the APAC region span Philippines, Malaysia, Hong Kong and Singapore, with a network of over 25 LuLu Money branches and a proprietary digital payments app. The company’s primary services include cross-border payments, currency exchange and wholesale banknotes.

To know more, visit www.luluexchange.com

*Source : AETOSWire


Contacts

Ajit Johnson
ajit.johnson@lulufin.com

Filed Under: News Feed

Primary Sidebar

Follow Us

Press Releases

Crypto Mining Hosting Explained: Benefits, Trends, and Best Practices

May 13, 2025

fxsi Review: What’s New and Why Traders Are Paying Attention

May 13, 2025

Dogecoin Breaks Out: Golden Cross and Whale Buys Point to a 109% Rally as This New Coin Nears a 10648% Jump

May 13, 2025

3 Reasons This New Altcoin Feels Like Solana (SOL) Before It Ripped 10,000% in 2021

May 12, 2025

STAU Foundation Announces Official Listing of Digital Gold Coin ‘STAU’ on MEXC Global Exchange

May 12, 2025

Blockchain Week Rome 2025

Blockchain Futurist Conference

TWS Conference

Money20/20

Footer

Crypto Reporter is an online magazine about cryptocurrencies, NFTs, DeFi, GameFi and other blockchain technologies
About us
Contact us
Submit press-release

Search

2017-2025 Crypto Reporter