Blockchain
Hong Kong fintech startup Mojodomo launches new brand “On-us” to build a seamless, customized and scalable incentives ecosystem
Mojodomo Holdings Limited (“Mojodomo” or the “Company”), Asia’s first performance-based voucher solution provider, today announced the launch of “On-us”, a new brand aiming to provide customers with a trusted, seamless, personal and social brand experience through incentives solutions that integrate financial, payment and marketing technologies.
Since its inception in 2018, Mojodomo has captured significant market share in the incentives industry and established business partnerships with around 50 major enterprises. On top of that, the Company has collaborated with organizations such as Hong Kong Cyberport and the Hong Kong Institute of Human Resource Management, supporting various exhibitions and conferences as their digital voucher solution partner to deliver value for participants and drive deeper engagement. Leveraging the launch of On-us, Mojodomo plans to extend its solution beyond banks and insurers to small and medium sized enterprises (SMEs), providing them with a robust voucher solution via its SAAS (Software As A Service) platform.
Through its own zero-waste incentives ecosystem, the Company has also integrated ESG (Environmental, Social and Governance) values into its business and marketing solutions. As Mojodomo continues to deepen its implementation of ESG principles, it will further embed these elements into its development strategy to push forward the sustainable development of its business and the industry. To this end, the Company has established partnerships with ESG merchants such as Green Common, Eco-Grey, Redress and the HKFYG Organic Farm, and will introduce more ESG-focused local and overseas merchants in the future.
The new brand “On-us” is derived from the English idiom “it’s on us”, indicating when someone else will pay on an individual’s behalf, reinforcing that this brand experience is intended to make consumers feel rewarded with a special treat. It highlights Mojodomo’s aspiration to help companies improve marketing efficiency and more effectively use valuable marketing spend while offering their clients the rewards they truly need and appreciate, thereby creating meaningful social value. This vision reflects Mojodomo’s overarching commitment to becoming a consumer-minded B2B brand.
As a fintech startup, Mojodomo enables virtual card payments for instant voucher redemption and settlement between businesses and merchants through its omni-tech platform, which can also monitor the redemption of vouchers and collect consumer behavior data in real time. This performance-based and pay-as-you-go voucher solution not only reduces the administrative costs and resource waste of traditional incentive reward programs, but also boosts return on investment (ROI). Additionally, it enables marketers and merchants to better understand customer habits and enhance brand experiences and interactions. Going forward, Mojodomo will operate this platform under the name “On-us”, supporting its own brand at the group level and using it as a base on which to build a trusted, seamless, personal and social incentives ecosystem that creates lifetime value for partner brands, merchants and consumers.
Dennis Shi, Co-Founder and CEO of Mojodomo Holdings Limited said, “The new ‘On-us’ brand will help showcase Mojodomo’s core values and enrich our corporate identity. In line with our mission to create greater value for brands, merchants, and consumers, On-us and the company as a whole share a vision of generating and delivering impact while driving industry innovation through cross-disciplinary marketing solutions.”
To date, the Hong Kong-based company has opened offices in Taiwan and Singapore, where Keith Lim was appointed as its SEA General Manager in June 2022. Lim is responsible for building and leading Mojodomo’s Singapore team to accelerate the expansion of its local business. As a seasoned and successful startup entrepreneur with deep expertise in the fintech industry, Lim has previously created mobile payment, artificial intelligence and blockchain platforms for major insurers and banks. To build up its business in the region, especially in the SEA market, Mojodomo is also targeting to raise another round of funding next year. This follows the completion of its Series A funding in 2021, with the proceeds used to support product development.
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Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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