November 5, 2020

Markaaz Joins WEF Global Innovators Forum – Press Release

Markaaz Joins the World Economic Forum's Global Innovators Community

Markaaz, a leader in digital infrastructure, has proudly joined the World Economic Forum's Global Innovators Community, an exclusive group of the world’s most promising start-ups and scale-ups at the forefront of technological and business model innovation. Markaaz will actively contribute to the community's initiatives, committed to improving the state of the world by supporting small and medium-sized businesses (SMBs) with better resources and access to opportunities.

Global Innovators are selected by the Forum based on specific criteria, focusing on their potential to make a substantial, long-term positive impact on business and society. These companies represent innovation in technology and business models, aligning with the Forum's mission to drive meaningful change.

“The World Economic Forum is happy to have Markaaz join our Global Innovators Community,” said Derek O’Halloran, Head of the Future of Digital Economy and Value Creation Platform and Member of the Executive Committee at the World Economic Forum. “Including new, innovative voices is essential in the work we do at the Forum. We look forward to what Markaaz's insights and expertise will add to our projects, dialogues, and platforms.”

The Global Innovators Community was established as an invitation-only network to ensure that the voices of leading companies contribute future-focused perspectives to the Forum's work. It provides a platform for innovative companies to engage in projects that shape global, regional, and industry agendas.

“By transforming spare capacity into net new equity, we are creating entirely new value chains across sectors,” said Hany Fam, CEO of Markaaz. “Being invited to join the World Economic Forum’s Global Innovators Community signifies our dedication to helping SMBs thrive on a global scale and our commitment to bringing a transformational platform to SMBs worldwide. We look forward to contributing to the community and delivering practical, scalable solutions that positively impact businesses, the economy, and society at large.”

Markaaz is well-established, well-backed, and experienced in bringing global infrastructure to market to support the global economy. Committed to serving the community as an independent company, Markaaz is building significant digital infrastructure that enables communities to thrive, starting with the SMB sector.

Having researched and engaged with SMBs for years, Markaaz is uniquely positioned to address the challenges SMBs face globally, especially those heightened by recent global events. Its infrastructure and products tackle long-ignored structural issues, bringing new vitality to a sector that has been underserved for too long. Guided by its motto, "Built by and for SMBs," Markaaz creates SMB-first technology and products that help businesses succeed and thrive.

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