ADGM-based Israeli fintech unicorn launches its new global initiative ‘Twenty Chairs’ in Abu Dhabi

(MENAFN- Edelman) Abu Dhabi, UAE – 02 March 2023: Liquidity Group, a pioneering financial technology firm and asset manager that uses patented machine learning and decision science to provide capital to high-growth technology companies, has announced the launch of its global 'Twenty Chairs' events series. The event series will bring together leading industry players to network and discuss the latest trends and challenges in the financial services ecosystem.

To launch the special edition of Twenty Chairs at Investopia X SALT 2023, an investment platform that brings together global leaders and change agents to engage in modern thinking about the global investment ecosystem, Liquidity Group, in partnership with SALT and iConnections, hosted a VIP welcome dinner. To mark the momentous launch, Lt. Col. Yariv Nornberg, 8200 Elite IDF Intelligence Unit, MD addressed the audience and shared his insights on the best practices of the Israeli tech ecosystem and how the same spirit can be integrated into Abu Dhabi.

The exclusive event was held on 1st March in Abu Dhabi and was attended by a group of prominent industry luminaries, including representatives from major companies such as ADIA, Mubadala and Apollo. Speakers shared insights on a wide range of topics, including venture capital, entrepreneurship, and technology transfer.

Commenting on the inaugural edition of Twenty Chairs in the Middle East, Ron Daniel, CEO of Liquidity Group said, "We are thrilled to host the first edition of the 'Twenty Chairs' event in Abu Dhabi, the fastest-growing hotspot for global entrepreneurs and business leaders. At Liquidity, supporting growing businesses in their crucial stages is at the core of what we do. Our goal is to provide seamless funding solutions to businesses, backed by a team of experienced entrepreneurs and professionals, along with data scientists, machine learning, legal and analytical experts who are paving the way for a new era of tech investment."

He added, "We are committed to providing entrepreneurs with access to fast and flexible capital so they can realise their growth ambitions and contribute to the thriving tech ecosystem and vibrant community of global entrepreneurs, VCs and accelerators in the UAE. Now that Liquidity Group has achieved unicorn status, this event further underscores our goal, and we hope the startups will benefit from the 'Twenty Chairs' initiative."

As a credit-focussed fintech company, Liquidity Group’s mission is to help businesses grow by providing growth capital and organising forums and thought leadership events to foster ideas and connections. The company's R&D centre at Abu Dhabi Global Market (ADGM) focuses on developing ML-enabled lending technology solutions for its underwriting platform.

Dhaher bin Dhaher Al Mheiri, CEO of ADGM Authority said, " The launch of the ‘Twenty Chairs’ event series is a testament to Liquidity’s contribution in fostering the growth and development of the fintech and startup ecosystem in ADGM and the UAE, as well as providing innovative tech financing solutions that help many of these businesses to grow and thrive. As the relationship between the UAE and Israel continues to evolve, particularly in the technology sector, we believe that Liquidity Group's expertise and experience will play a key role in facilitating innovation and growth in both countries. Liquidity’s achievement of ‘Unicorn’ status and plans to invest $500 million this year to support startups in the UAE and MENA region will further fuel the growth of this dynamic global marketplace. ".

Liquidity Group is the first Israeli company to partner with the Abu Dhabi Investment Office as part of its ‘Innovation Programme.’ In addition, ADGM led a ground-breaking delegation to Tel Aviv last year to strengthen cross-market investment ties and accelerate the growth and development of innovative companies.

These developments demonstrate Liquidity Group's commitment to fostering the growth of startups and the technology ecosystem in the MENA region, as well as its position as a leading player in the industry. The ‘Twenty Chairs’ global event series will also take place in other locations, including Singapore, London, New York, and Los Angeles.

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