KMMRCE Holdings has selected HSBC, one of the
world’s largest banking and financial services organisations, to
facilitate its global banking needs. Licensed by the Dubai International
Financial Centre (DIFC), KMMRCE Holdings is a digital specialist that combines
flexible cloud management solutions with comprehensive finance capabilities.
Its portfolio companies, KMMRCE Technologies and KMMRCE Pay work with clients across the globe to deliver
flexible platforms, which create a seamless online retail and payment
experience.
KMMRCE Holdings has built its centre of
excellence in the UAE, where it develops innovative solutions shaping the
future of platforms and payments.
Ron Coakley, Chief Operating Officer of KMMRCE
Holdings, commented: “the UAE is a dynamic environment, which offers excellent opportunities
to expand internationally. Having already established a number of client and
stakeholder relationships worldwide, partnering with HSBC was a strategic decision
based on its local knowledge and extensive global network.
“It is welcoming to see HSBC’s support for a
homegrown technology company achieving widespread success in the SaaS and PaaS
sphere. With a geographically diverse mix of contracts and operating systems to
navigate, HSBC’s user-friendly system gives us the freedom to continue on our
trajectory. We’re very grateful to the HSBC corporate
banking team and we look forward to building a global
business from the UAE, boosted by the support of a strong banking partner.”
