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Colendi’s Bold Play: Bridging AI, Banking, and Financial Accessibility

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In the rapid evolution of financial technology, few companies have made waves quite like Colendi. This Turkish fintech trailblazer has captured international attention, not only for its audacious ambition but for its ability to deliver results that challenge the status quo. With Türkiye’s first full digital banking license, a valuation of $700 million, $100 million raised in total, and more than 18 million active users, Colendi is carving out a place among the world’s financial technology elite.

A Banking Revolution in Türkiye
Colendi’s crowning achievement thus far has been the approval of ColendiBank, Türkiye’s first AI-driven digital universal bank, by the Banking Regulation and Supervision Agency (BDDK) in November 2024. The launch of ColendiBank signals a seismic shift in the banking sector. By combining the best of fintech and AI with the discipline of traditional banking, the bank offers a seamless experience for individuals and small businesses alike.

“Our vision for ColendiBank was to create a truly inclusive financial ecosystem,” says Bülent Tekmen, Co-Founder and CEO of Colendi, “By combining AI-powered innovation with the fundamentals of banking, we are addressing gaps overlooked by traditional financial institutions.”

Deniz Devrim Cengiz, Co-Founder and CEO of ColendiBank, summarises the transformation these seismic signals are set to bring to banking: “We are ready for an AI-driven, frictionless, and seamless banking experience.”

Highlighting that AI is employed not only in customer experience but also in operational processes, regulatory compliance, and decision-making mechanisms, Cengiz adds, “As a digital-first bank, ColendiBank designs its processes from scratch to fit the digital world. This gives us speed, agility, and a distinctive edge in customer experience.”

Bridging Finance and Technology
What sets Colendi apart from many other fintechs is its unique identity as a “fintech with a balance sheet.” This duality enables the company to function as both a licensed bank and a technology innovator. Unlike startups that rely on third-party banking infrastructure and licensing, Colendi has built an integrated ecosystem combining AI, personalized digital experiences, and traditional banking services.

“This balance sheet-driven model gives us a significant advantage, both in terms of flexibility and profitability” Tekmen explains, “It allows us to operate at the intersection of technology and finance, providing end-to-end solutions that are both scalable and sustainable.”

Driving Financial Inclusion
Colendi’s innovative financial products are a direct reflection of its mission to foster inclusion. Take their Instant Limit credit product, which uses real-time payment and loyalty data to create credit solutions tailored to individual behaviors. This technology is designed to bring sustainable access to credit for those underserved by conventional financial institutions—a bold step toward closing the global financial inclusion gap.

“Financial inclusion isn’t just a buzzword for us—it’s our purpose,” says Tekmen, “Products like Instant Limit are designed to empower people, especially those who have been excluded from the financial system, with the tools they need to thrive.”

A Blueprint for Global Expansion
Beyond its home market, Colendi has set its sights on high-growth regions such as the EMEA and Turkic Republics. The company’s approach combines technological innovation with strategic partnerships in sectors ranging from telecommunications to retail and energy. By employing a strategic partnership approach with sector leaders, Colendi leverages a unique distribution model that benefits all stakeholders, a model that is ready to be scaled into global markets.

“Our growth strategy is rooted in collaboration,” Tekmen notes, “By forming strategic partnerships across industries, we’re not just expanding our footprint; we’re building ecosystems that benefit all stakeholders involved.”

Colendi’s ambitions are further underscored by its preparation for a Series C funding round, with Citibank acting as its financial advisor. The funds are expected to fuel international expansion, improve infrastructure, and bring Colendi closer to its goal of becoming one of the top 10 fintech firms globally.

The Power of AI at Scale
At the core of Colendi’s innovation is ColendiAI, the company’s proprietary artificial intelligence division featuring its groundbreaking AI engine, ColendiMind. Launched in August 2024, ColendiMind leverages advanced machine learning and large language models (LLMs) to revolutionize financial and banking services. From ColendiBank’s sophisticated credit scoring to optimizing operational efficiency across the Group, ColendiAI seamlessly integrates with both internal and external data sources, delivering personalized, secure, and efficient financial tools.

Looking ahead, ColendiAI is developing a network of ‘metal-collar’ AI banking agents—intelligent virtual assistants designed to work alongside human staff. These agents will enhance service levels by providing reliable, round-the-clock support, ensuring that customers receive consistent and accessible assistance.

“AI is the backbone of everything we do at Colendi,” Tekmen emphasizes, “With ColendiMind, we are able to offer precise, inclusive, and innovative financial services, reshaping the future of finance both locally and globally.”

A New Era for Financial Services
Colendi’s story is one of bold vision paired with execution. By bridging the gap between finance and technology, the company is not just reshaping banking in Türkiye but setting a standard for the global industry.

“Colendi’s journey is just beginning,” says Tekmen, “Our mission is to redefine financial services for a smarter, more inclusive world. We’re not just building a company—we’re building a future.”

With AI and embedded financial solutions as its backbone, Colendi is creating an inclusive, efficient, and accessible financial ecosystem that transcends traditional boundaries. For those tracking the fintech space, Colendi isn’t just a company to watch—it’s a company to emulate.

Media contact details:

Email: [email protected]

Website: www.colendi.com

LinkedIn: https://www.linkedin.com/company/colendi/posts/?feedView=all

The post Colendi’s Bold Play: Bridging AI, Banking, and Financial Accessibility appeared first on Pinion Newswire.

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Dubai-Based Broker Kamil Magomedov Completes Record Sale of Three Entire Buildings in Under Seven Hours Amid Escalating Demand at Expo City

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Kamil Magomedov, a premier real estate investment brokerage and advisory firm headquartered in Dubai, has achieved an exceptional milestone by selling three complete residential buildings within a mere seven hours at Expo City, Dubai’s emerging real estate epicenter. This unprecedented transaction highlights Expo City’s rapid ascent as a globally recognized hotspot for strategic real estate investment.

Expo City is positioned to evolve into Dubai’s newest World Trade Center district by 2026, already capturing significant interest from international investors. Projected to attract an annual footfall exceeding 2.5 million visitors and host over 300 high-profile events per year, Expo City represents an extraordinary and timely investment opportunity. By 2032, planned expansions are expected to boost annual visitor numbers to over 6 million across more than 600 events annually.

“Expo City is experiencing remarkable growth, rapidly becoming one of the world’s most compelling destinations for property investors. The intersection of unprecedented demand with constrained supply conditions has fostered a highly attractive market environment, generating robust rental yields for investors,” remarked Kamil Magomedov, a distinguished real estate investment advisor specializing in premium investment opportunities and branded residential developments across Dubai.

Currently, Expo City’s residential offerings total approximately 1,100 units distributed across the Al-Waha Residences, Mangroove Residences, and the Rove Hotel. With Sky Residences and Sidr Residences expected to deliver an additional 1,000 units by 2028, the total stock will reach only around 2,100 units—significantly below the projected requirement. Beginning in 2026, Expo City will necessitate at least 4,000 residential units to adequately accommodate between 8,000 and 10,000 event attendees. This substantial gap between supply and demand presents investors with rental yields projected at an attractive 13-16%, markedly surpassing the market average.

The recently unveiled Al-Waha Residences, characterized by boutique-style, low-rise buildings (G+1, G+2) comprising between 10 to 50 units each, have rapidly become a preferred asset class among discerning investors. The strategic opportunity to acquire entire buildings for conversion into short-term rental properties near Dubai’s future central business district has accelerated sales velocity. Notably, entire buildings are being purchased faster than individual units, reflecting a robust investor appetite for flexible, high-yield assets.

Expo City’s advanced infrastructure, prime location, and the impending relocation of Dubai World Trade Center operations to this district have significantly enhanced its attractiveness as a global investment magnet. The compelling blend of limited housing supply, surging demand, and ongoing infrastructure improvements positions Expo City as an exceptional high-growth investment opportunity.

To further guide potential investors, Kamil Magomedov has launched an informative video series on his YouTube channel, offering expert insights and in-depth analyses on Dubai’s real estate market dynamics. His latest video thoroughly examines the strategic advantages and economic rationale behind investing in Expo City.

Kamil Magomedov is a renowned real estate investment specialist affiliated with Provident Real Estate, a distinguished Tier 1 brokerage firm in the Middle East. With an extensive professional background in investment strategy, urban development, and governmental advisory roles, Kamil consistently identifies emerging high-growth real estate investments ahead of market trends. His previous roles include serving as CEO of a prominent investment group, strategic advisor to the CEO of Forbes Russia, and Minister of Investment in a key Russian region. He also contributed significantly to developing the master plan and growth strategy for a new urban area in Russia’s Far East.

Investors interested in capitalizing on Expo City’s unparalleled growth trajectory are encouraged to act promptly. For immediate assistance in securing strategic real estate assets within Dubai’s most promising investment destination, contact Kamil Magomedov today.

Media Contact:

Kamil Magomedov

Provident Real Estate

Phone: +971501610143

YouTube: Kamil Magomedov Real Estate

Instagram: @kamilmagrealestate

Email: [email protected]

The post Dubai-Based Broker Kamil Magomedov Completes Record Sale of Three Entire Buildings in Under Seven Hours Amid Escalating Demand at Expo City appeared first on Pinion Newswire.

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Presearch Strengthens Sales Division, Appoints Dan Buckingham and Chris Huse as Global Vice Presidents

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Presearch.com, Inc., the community-driven decentralized search engine, is delighted to announce the strategic appointments of Dan Buckingham and Chris Huse as Global Vice Presidents of Sales. These pivotal hires underscore Presearch’s commitment to monetizing and scaling its operations to unprecedented levels.

Following the recent launch of a crowdfunding initiative on Wefunder, Presearch is poised to enhance the monetization of its core offerings, particularly its flagship advertising product, the Presearch Takeover Ad (PTA). PTAs are immersive, wallpaper-style advertisements displayed on the Presearch.com homepage and search result pages, offering geo-targeting capabilities by country or state.

Tim Enneking, CEO of Presearch, expressed enthusiasm about the new additions: “The entire team at Presearch is ecstatic about bringing on board two such consummate professionals to establish our inaugural dedicated sales team. This development not only significantly enhances our monetization prospects but also ensures that Dan and Chris will champion the interests of advertisers, helping them achieve their objectives in collaboration with Presearch. Both have already hit the ground running, and we anticipate remarkable contributions from each.”

Dan Buckingham brings over a decade of experience in digital and broadcast media sales, most recently with Audacy. Chris Huse offers more than 15 years of expertise in digital media sales, with a robust background in the cryptocurrency sector—a key vertical for Presearch.

Dan remarked, “I am thrilled to join the Presearch team at such an exciting juncture and am eager to contribute to this next phase of growth. I firmly believe in the Presearch mission, and witnessing the team’s daily accomplishments is both incredible and inspiring. As consumers increasingly prioritize their privacy and seek alternatives to Big Tech, privacy-focused search is a burgeoning market, and Presearch offers a fantastic product. Presearch Takeover Ads present a bold new avenue for advertisers to engage with our expanding user base, and they are evidently yielding excellent results for existing clients.”

Chris added, “It’s truly an honor to join such a talented team at Presearch as it continues to lead innovation in the privacy-focused, non-profiling search space. I’m incredibly excited to contribute to its mission and play a role in shaping the future of decentralized search.”

Currently, Presearch averages approximately 400,000 searches daily. The ongoing Wefunder crowdfunding campaign has garnered nearly $150,000 in just a few weeks.

For more information on Presearch Takeover Ads, visit: https://presearch.io/advertise

To learn more about the Wefunder crowdfunding campaign, visit: https://wefunder.com/presearch

Access Presearch online at: www.presearch.com

About Presearch

Established in 2017, Presearch.com is the world’s most widely used meta-search engine. Unlike conventional search engines, Presearch does not track users’ online activity or sell their personal data to advertisers, allowing users to search with peace of mind. Presearch’s robust ecosystem, powered in part by the community, includes its search API, AI search results, uncensored/unbiased AI chatbot PreGPT, keyword staking, node running, search staking, and an affordable advertising product suite.

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YourCrochet Introduces Free Crochet Patterns Database For Crafters Of All Skill Levels

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YourCrochet.com, a leading online platform for crochet enthusiasts, has built an extensive collection of free crochet patterns. Their database offers a diverse range of designs for both beginners and intermediates, created by designers from around the world. The website features a broad selection of patterns for granny square blankets, stylish crochet halter tops, and adorable amigurumi, making it a go-to resource for anyone passionate about crochet.

The searchable pattern database on YourCrochet provides easy-to-use filtering options that allow crocheters to browse free crochet patterns by skill level, project type, season, and more. This makes discovering new projects quick and simple. Among the various categories, free crochet top patterns are especially popular, offering a stylish and comfortable option for summer. 

The free pattern collection is regularly updated with new designs to provide a constant stream of fresh inspiration for crocheters visiting the site. Moreover, YourCrochet’s team carefully selects patterns with step-by-step instructions and high-quality photos, ensuring they are easy to follow.

We believe that creativity should be accessible to everyone, which is why we are committed to building this large library of free crochet patterns,” says YourCrochet’s team. “ We aim to foster a global community of crafters who can share their passion and bring their ideas to life.”

The website also offers beginner-friendly video tutorials, tips, and guides to help users improve their skills and explore new techniques. Whether you’re looking for a simple beginner-friendly project or a more advanced challenge, YourCrochet has something for everyone.

For more information and to explore the latest free crochet patterns, visit YourCrochet.com.

The post YourCrochet Introduces Free Crochet Patterns Database For Crafters Of All Skill Levels appeared first on Pinion Newswire.

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