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Posted By Gbaf News

Posted on July 25, 2018

Jabbar Announces the Launch of New Fintech Company Kambio Ventures

Kambio’s blockchain-enabled, fully-regulated platform will be a next-generation exchange dedicated to start-ups.

Jabbar, the renowned investor and prolific innovator is set to disrupt the financial services sector with the launch of Kambio Ventures, announced today.

Kambio Ventures is building a next-generation, blockchain-enabled and fully regulated marketplace for tokenised asset-backed securities. The launch follows the recent and successful sale of Jabbar’s portfolio company Souq.com to Amazon in late 2017 for more than USD 600 million.

Kambio Ventures will make the whole start-up investment journey simple, secure and instant. It will provide an attractive, friendly environment for investors, entrepreneurs and institutions. Members will be able to leverage expertise, access local know-how and have the ability to dial up or down risk by region, sector and even venture capital firm. It will be an ecosystem that advances exchange members forward through active participation, knowledge-sharing and access to dedicated local research and resources.

Ambitious goals

London-based Kambio Ventures, supported by an elite advisory team, plans to become one of the first blockchain-enabled and fully-regulated financial exchanges for digital assets. It will build a marketplace to support start-up liquidity that will empower investors and start-ups equally. Key platform features will include:

• Tokenized start-up investments with a proprietary Proof-of-Asset token
• Dedicated primary market for start-ups with multiple finance rounds
• Dedicated secondary market for start-ups providing liquidity
• Access to exceptional start-ups with rigorous due diligence and full lifecycle curation
• Transparent, immutable and fair transactions with instant execution
• Secure personal accounts with segregated custody

A unique capital markets platform will be created, delivering primary capital funding and secondary exchange liquidity for investors, entrepreneurs and institutions. Each start-up will be listed on a private regulated exchange with built-in liquidity management. The platform will deliver exclusive co-investment opportunities, with end-to-end institutional-led curation and a dedicated community ecosystem.

Samih Toukan, Jabbar partner and Kambio Ventures founder, comments: “The current venture capital operating model is complicated and appears outdated – arguably underwhelming both entrepreneurs and investors alike. Both are facing a continuous struggle to secure liquidity, with very long exit cycles. Kambio will be an intuitive, secure, fast, efficient and a regulated ecosystem which will transform the way start-ups operate.”

Hussam Khoury, Jabbar partner and Kambio Ventures founder, comments: “Application of blockchain technologies will help redefine many industries as we know them today, in particular financial services. Kambio will look to lead and collaborate in developing distributed ledger solutions that facilitate investments, trades and custody effortlessly – we see this as gamechanger, that will benefit all stakeholders.”

LouayAldoory, Jabbar partner and Kambio Ventures founder, comments: “The current security token space is nascent, with fundamental jigsaw pieces still missing, including liquidity management; custody; legal framework; and ownership structure. Kambio plans to fill those gaps and remove unnecessary middle men, all within a secure and regulated environment – revolutionising both venture capital and capital markets.”

The Kambio platform will launch following regulatory approvals, which is targeted for the summer 2019.

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