Client
onboarding platform provider Muinmos is expanding into the Middle East market
with the appointment of Nadeem Sa’adeh as Regional Business Development
Director, marking the company’s first strategic hire in the region.
RegTech Firm Muinmos Taps
Middle East Growth with Key Regional Hire
Sa’adeh
will spearhead the RegTech firm’s growth initiatives in the MENA region,
focusing on expanding Muinmos’
client portfolio among regulated brokers, banks, digital wallet providers, and
crypto firms. His role encompasses sales, strategic partnership development,
and regulatory relationship management.
“With
the rapid pace of growth in the region, having a comprehensive solution that
delivers both exceptional KYC capabilities and automated client onboarding
decisions is invaluable,” Sa’adeh said, highlighting the platform’s unique
position in the market.
Sa’adeh
brings over a decade of technology and business development experience in the
FinTech and RegTech sectors. His previous roles include positions at PLUGIT,
ADSTRA, and IDWise, where he developed expertise in eKYC solutions and regional
regulatory requirements.
Earlier
this year, Muinmos appointed another C-level executive and governance expert,
Anders Kirketerp-Møller, to its board. Prior to joining Muinmos,
Kirketerp-Møller spent nearly seven years at LEGO, where he led board and chair
activities across the construction toy company’s ecosystem and advised the
owner family on governance matters.
“No other
solution exists with the capabilities of Muinmos’ client onboarding platform. I
am really looking forward to helping financial institutions to transform and
fully automate their onboarding processes so that they can onboard clients
quicker and more effectively, whilst also meeting all their regulatory
requirements.”
Strategic Expansion
The
appointment represents a calculated move into a high-growth market for Muinmos,
whose automated platform streamlines know-your-customer (KYC) processes,
regulatory classification, and client risk assessment into a single workflow.
“This
is a significant and strategic hire for Muinmos,” said Remonda
Kirketerp-Møller, Founder & CEO. “Nadeem brings a wealth of expertise,
including experience in selling compliance and eKYC products, local knowledge
and an excellent network of contacts.”
Recently, the
Danish RegTech company partnered with cryptocurrency firm XBO.com to enhance
user onboarding for crypto exchanges. This collaboration aims to increase
speed, efficiency, and compliance with regulatory standards. By integrating
Muinmos’ SaaS platform, XBO.com seeks to improve user experience and strengthen
its risk management capabilities.
In May,
Muinmos collaborated with Blade Labs to integrate its client onboarding
platform into Blade Labs’ digital asset platform. This partnership aims to
streamline the client onboarding process and address challenges faced by
compliance officers in the digital assets sector.
This article was written by Damian Chmiel at www.financemagnates.com.
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