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WafaTech Unveils Comprehensive Suite of Cloud, Connectivity, and ICT Solutions for Saudi Arabia

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WafaTech, a leading IT services provider, announces the launch of its extensive cloud, connectivity, and ICT solutions tailored for businesses in Saudi Arabia. The new offerings include cloud services, virtual datacenter solutions, VPS, WordPress hosting, web application firewall, dedicated and GPU servers, backup services, web hosting, and disaster recovery solutions with object storage and file-sharing systems. Additionally, WafaTech’s state-of-the-art Tier 3 datacenter located at KAUST is certified with ISO 27001, ISO 9001, ISO 22301, and CSA Star Level 1 and Level 2, underscoring its commitment to security, quality, and business continuity. The company operates under the regulations of the Communications, Space & Technology Commission (CST) in Saudi Arabia, ensuring compliance and reliability.

RIYADH, Saudi Arabia, June 2, 2024 /PRNewswire-PRWeb/ — WafaTech, a leader in the Information Technology sector, is excited to announce the official launch of its extensive array of cloud, connectivity, and ICT solutions, strategically designed to cater to the diverse needs of businesses across Saudi Arabia. With a strong focus on innovation and customer-centric services, WafaTech is poised to redefine the IT landscape in the region.

WafaTech is dedicated to providing innovative and reliable IT solutions that empower businesses to thrive in the digital world. Our comprehensive services address the unique challenges of Saudi businesses, ensuring they have the tools to succeed. – Bader Khalid Bawakid, CEO of WafaTech

Cloud Services Portfolio:

WafaTech’s cloud services are built to offer unparalleled scalability, security, and efficiency, empowering businesses to seamlessly manage their operations and drive growth. Our offerings include:

1. Cloud Services: Our cutting-edge cloud infrastructure solutions cater to both private and public cloud needs, providing a hybrid approach for businesses seeking a flexible, secure, and scalable environment. Learn more about our Cloud Services

2. Virtual Datacenter Solutions: Elevate your IT infrastructure with our Virtual Datacenter services, which deliver high performance, agility, and cost-efficiency, ensuring optimal resource utilization and management. Explore Virtual Datacenter Solutions

3. Virtual Private Servers (VPS): Experience the power and control of dedicated resources with our VPS solutions, designed to keep your applications running smoothly and securely. Discover our VPS Solutions

4. WordPress Hosting: Our specialized hosting services for WordPress websites ensure top-tier performance, security, and reliability, making it easier for businesses to maintain a strong online presence. Find out more about WordPress Hosting

5. Web Application Firewall (WAF): Protect your digital assets with our robust Web Application Firewall, offering comprehensive protection against cyber threats and vulnerabilities. Learn about Web Application Firewall

6. Dedicated Servers: Designed for high-demand applications, our dedicated server solutions provide unmatched performance, security, and customization options to meet your specific business needs. Check out Dedicated Servers

7. Backup Services: Our comprehensive backup solutions ensure your critical data is safe, secure, and easily recoverable in case of any data loss incidents.

8. Web Hosting: With our reliable and scalable web hosting solutions, businesses can maintain a robust online presence, ensuring their websites are always up and running efficiently. Discover Web Hosting

9. Disaster Recovery Solutions: Mitigate the risks of unforeseen events with our robust disaster recovery solutions, designed to protect your business continuity and minimize downtime. Our disaster recovery services include object storage for efficient data management and a file-sharing system to facilitate seamless collaboration during recovery efforts

10. Object Storage: Efficiently manage and scale your unstructured data with our secure and highly durable object storage solutions. Learn more about Object Storage

11. Cloud Load Balancer: Enhance the performance and reliability of your applications with our cloud load balancer services, ensuring optimal distribution of traffic across your servers. Discover Cloud Load Balancer

12. SSL Certificates: Protect your online transactions and customer data with our SSL certificates providing encrypted communication and establishing trust with your users. Find out more about SSL Certificates

Innovative Connectivity Services:

In addition to our cloud services, WafaTech offers a range of connectivity solutions to ensure seamless internet access and superior network performance for businesses:

1. Direct Internet Access: Ensure uninterrupted, high-speed internet connectivity with our Direct Internet Access solutions, designed to meet the demands of modern businesses.

2. SD-WAN: Enhance your network’s flexibility and efficiency with our Software-Defined Wide Area Network (SD-WAN) services, which provide secure, reliable connectivity across multiple locations.

3. 5G Services: Embrace the future of connectivity with our 5G services, offering ultra-fast, low-latency internet access to support the next generation of business applications.

Learn about Connectivity Services

Datacenter Excellence and Certifications:

WafaTech’s datacenter, located within the prestigious King Abdullah University of Science and Technology (KAUST), is a state-of-the-art facility designed to meet the highest standards of reliability, security, and efficiency. Our datacenter boasts several key certifications and features that underscore our commitment to excellence:

CSA Star Level 1 and Level 2: Reflects our commitment to cloud security, ensuring transparency and adherence to best practices in cloud security and data protection.Tier 3 Datacenter: Guarantees high availability and redundancy, ensuring that our datacenter provides reliable and uninterrupted service.ISO 27001: Ensures rigorous standards for information security management, safeguarding our clients’ data with the highest levels of protection.ISO 9001: Demonstrates our dedication to quality management systems, ensuring that our services consistently meet customer and regulatory requirements.ISO 22301: Highlights our robust business continuity management, ensuring that our services remain operational during disruptions.

“WafaTech is dedicated to providing innovative and reliable IT solutions that empower businesses to thrive in an increasingly digital world,” said Bader Khalid Bawakid, CEO of WafaTech. “Our comprehensive range of services is tailored to address the unique challenges and opportunities faced by businesses in Saudi Arabia, ensuring they have the tools they need to succeed.”

About WafaTech

WafaTech is a premier Information Technology company based in Saudi Arabia, specializing in delivering a wide range of IT services, including cloud solutions, connectivity services, and ICT solutions. With a mission to drive business success through technological innovation and excellence, WafaTech is committed to providing top-tier services that cater to the diverse needs of its clients.

For more information about WafaTech and its innovative solutions, please visit WafaTech’s Official Website

Media Contact

Ismail Mohammed, Company AL-WAFA AL-DHAKIA For Information Technology, 966 115124245, adminp@wafatech.sa, wafatech.sa

View original content:https://www.prweb.com/releases/wafatech-unveils-comprehensive-suite-of-cloud-connectivity-and-ict-solutions-for-saudi-arabia-302160283.html

SOURCE WafaTech

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CCBank Launches Quill Bank to Deliver Banking Expertise to Fintechs

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Quill Bank delivers decades of banking expertise directly to fintechs seeking a credible, consistent, and experienced bank.

PLEASANT GROVE, Utah, June 2, 2026 /PRNewswire/ — CCBank is excited to announce the launch of Quill Bank, a distinctive, modern brand designed to serve the fintech banking vertical and bring innovative financial products to market with efficiency and broad appeal. Quill Bank is created specifically to meet the needs of tech-forward financial companies seeking a trusted brand backed by the bank’s regulatory, operational, and relationship-banking expertise.

Quill Bank is designed around the proposition that technology with a human touch ensures the best products and services are delivered to consumers in a safe and compliant manner. The name Quill, a reference to an antique writing instrument, reflects our intention to emphasize thoughtful, relationship-driven banking within a high-tech digital fintech space. The brand’s positioning, “Your fintech, our banking backbone,” also shows our commitment to providing fintech companies with a seasoned, dependable partner standing with them.

“The fintech space is driven by innovation, but innovation without a solid banking backbone can be a liability. Quill Bank exists because the fintechs we work with deserve a brand that reflects the institution standing behind them, one with tested experience, real relationships, and know-how. We’re delivering Quill to be the type of bank that makes fintech programs not just possible but credible,” said Andrew Cusick, CCBank’s Chief Development Officer.

“We’ve always believed that banking done right is built on relationships and reputation. Quill Bank is our way of bringing that philosophy to the fintech sector,” added Mike Watson, CCBank’s Chief Executive Officer. “As we grow and evolve, Quill gives our fintech programs a dedicated identity that speaks their language while drawing on everything we’ve built over the last few decades. We’re thrilled about the future the Quill brand makes possible for us.”

Quill Bank’s launch is effective on June 30, 2026, when the Quill.Bank website will go live. Fintechs interested in learning more about Quill Bank can contact Andrew Cusick at (801) 705-4383 or andrew.cusick@ccbank.com

About CCBank –

Founded in 1993, CCBank is a community-focused financial institution with branch offices located in Salem, Provo, Orem, Pleasant Grove, Sandy, Spanish Fork, and St. George to serve the banking needs of Utah residents and businesses. The bank prides itself on being a longstanding community bank headquartered in Pleasant Grove and focused on Utah communities’ financial and social health through its industry-leading rates, personalized service, financial technology, and quick decisions made at the local level. CCBank is an Equal Housing Lender | Member FDIC. Online: https://ccbank.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/ccbank-launches-quill-bank-to-deliver-banking-expertise-to-fintechs-302789423.html

SOURCE Capital Community Bank

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Spenn, Norwegian Reward and Strawberry Successfully Go Live on GRAVTY® to Power the Nordics’ Next-Generation Loyalty Ecosystem

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The launch establishes a new benchmark for loyalty ecosystems in the Nordics, connecting millions of members across leading travel, hospitality, and retail brands.

LONDON, June 3, 2026 /PRNewswire/ — Loyalty Juggernaut, creator of GRAVTY®, the world’s leading cloud-native, enterprise growth platform, today announced at the Loyalty Summit EMEA the successful go-live of Spenn, Norwegian Reward, and Strawberry on GRAVTY®, enabling one of the most ambitious loyalty ecosystem initiatives in the Nordics. The milestone underscores GRAVTY®’s position as a leading loyalty platform in Europe’s hospitality, travel, and retail sectors.

Spenn was launched with the ambition of creating a shared loyalty points system designed to make earning and using rewards simpler, more flexible, and more relevant across brands, beginning with Norwegian and Strawberry, and expanding to additional ecosystem partners over time. Together, the programs serve millions of members across the Nordic region and reflect a broader industry shift toward interconnected loyalty ecosystems that create value for both consumers and participating brands.

Built on GRAVTY®, the platform enables real-time loyalty transactions, ecosystem-wide engagement, partner-led innovation, personalized experiences, and scalable growth across multiple brands and industries. The implementation provides the technological foundation required to support the continued expansion of the Spenn ecosystem and its growing network of partners.

“Spenn was created to challenge traditional loyalty models and give customers greater flexibility, simplicity, and value across the brands they engage with every day,” said Christoffer Sundby, CEO of Spenn. “Launching on GRAVTY® gives us a highly scalable technology foundation that enables us to accelerate innovation, expand our ecosystem, and create richer experiences for participating brands’ customers.”

“Our vision has always been to make our loyalty programme as relevant and valuable as possible for our Norwegian Reward members. By modernising our technology platform, we are taking an important step towards providing an even better and more flexible offering. This strengthens the connection between travel and everyday rewards, and gives us the flexibility needed to continue developing the experience with new benefits for the years to come,” said Cecilie Nybø Carlsen, Vice President Products & Customer Experience, Norwegian. 

“Strawberry has consistently focused on creating exceptional guest experiences and building deeper relationships with our members,” said Håvard Hovdahl, VP Spenn & Partnerships, Strawberry. “With GRAVTY® powering our loyalty operations, we are well positioned to expand the possibilities of Spenn and deliver greater value, flexibility, and personalization to our guests across the Nordic region.”

“The launch of Spenn required a platform capable of supporting complex ecosystem dynamics, high transaction volumes, real-time interoperability, and rapid partner onboarding,” said Kristian Kolstad, Chief Product and Technology Officer at Spenn. “GRAVTY® provided the architectural flexibility, scalability, and modern capabilities necessary to bring our vision to life and support our future growth ambitions.”

“We are honored to partner with Spenn, Norwegian Reward, and Strawberry on one of the most innovative loyalty transformations in the industry today,” said Shyam Shah, CEO of Loyalty Juggernaut. “The future of loyalty lies in ecosystems, interoperability, intelligent engagement, and customer-centric value creation. The successful launch of these programs on GRAVTY® demonstrates the power of modern loyalty technology to enable entirely new business models and customer experiences.”

About Loyalty Juggernaut

Headquartered in Palo Alto, California, with subsidiaries in India, the UAE, China, and Canada, Loyalty Juggernaut serves leading brands across 110 countries. Its flagship platform, GRAVTY®, is an award-winning, AI-enabled, patented enterprise growth platform that powers over 80 loyalty programs across airlines, hospitality, retail, financial services, telecommunications, multi-brand business conglomerates, and other industries. Rated a Strong Performer in the Forrester Wave™ for Loyalty Technology Solutions, Q4 2025, GRAVTY® enables organizations to build, manage, scale, and monetize modern loyalty ecosystems while delivering highly personalized customer experiences.

About Spenn Group

Spenn Group is a technology company building and operating a loyalty platform with flexible points, jointly owned by Norwegian Air Shuttle, Strawberry Hotel Group and Reitan Retail. Spenn Group provides shared, flexible points that flow freely across a range of leading consumer brands, including Norwegian, Strawberry Hotels, Uno-X, 7-Eleven, Narvesen, and REMA 1000, enabling cross-brand earn and redemption while preserving each brand’s individual loyalty program. Spenn Group’s founding partners collectively represent over $20 billion in Nordic turnover.

About Norwegian Reward

Norwegian Reward is the loyalty program of Norwegian, a leading Nordic aviation company. The group includes two prominent airlines in the Nordics: Norwegian Air Shuttle (Norwegian) and Widerøe’s Flyveselskap (Widerøe). Members of Norwegian Reward earn benefits when flying with either Norwegian or Widerøe, and also from a growing ecosystem of lifestyle and travel partners. The Norwegian Group operates an extensive network of domestic routes across the Nordic countries, in addition to connecting the region with key destinations all over Europe.

About Strawberry

Strawberry is one of the largest hotel groups in the Nordic countries, operating more than 250 hotels across the Nordics under brands including Clarion, Quality, Comfort, Stopover and Home Hotels, in addition to a portfolio of independent brands. Strawberry’s loyalty program rewards members for stays, dining, and experiences across its portfolio, with a vision to build lasting relationships that extend far beyond the hotel stay.

Media Contact:

media@lji.io

www.lji.io

#FFP #TravelLoyalty #LoyaltyEcosystems #CustomerLoyalty #Spenn #LoyaltyJuggernaut #GRAVTY

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BlockBooster Digital Venture Fund I Invests $10 Million as Anchor Investor in SignalPlus’ $50 Million Series B1 Round

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ROAD TOWN, British Virgin Islands, June 3, 2026 /PRNewswire/ — BlockBooster, a full-stack alternative asset management firm, announced today that its Digital Venture Fund I invested $10 million in SignalPlus, an institutional-grade crypto derivatives infrastructure platform, anchoring the company’s $50 million Series B1 financing round, with Goldman Sachs serving as sole financial advisor.

SignalPlus operates the industry’s leading trading terminal for institutional digital asset options and derivatives, trusted by the largest market makers, exchanges, and trading institutions worldwide. The company is now extending its institutional-grade infrastructure into traditional finance and preparing to launch SignalPlus 2.0, a platform upgrade that brings agentic AI into the trading workflow.

“This investment reflects our conviction that institutional capital will flow into digital assets through credible, institutional-grade infrastructure,” said Samuel Gu, Founder and CEO of BlockBooster. “SignalPlus is one of the most established teams in digital asset derivatives, and we are excited to support their next stage of growth.”

The investment in SignalPlus is aligned with BlockBooster’s strategy of backing category-defining infrastructure at the intersection of AI and digital asset markets, with a focus on trading, asset management, and tokenization primitives that can scale across both crypto-native and traditional financial institutions.

“SignalPlus has built the leading institutional infrastructure for digital asset derivatives, and we are now expanding globally and into traditional finance. We’re pleased to welcome BlockBooster, a full-stack alternative asset manager with deep institutional reach and expertise across tokenization and on-chain finance, and we look forward to working closely as we enter our next phase,” said Chris Yu, Co-Founder and CEO of SignalPlus.

BlockBooster is investing from its first fund, a $50 million Digital Venture Fund I focused on four core verticals: AI infrastructure, on-chain trading ecosystems, on-chain asset management, and real-world asset (RWA) tokenization.

About BlockBooster

BlockBooster is a next-era alternative asset management firm for the digital age. The firm leverages blockchain technology to invest in, incubate, and manage the core assets of this new era, from Web3-native projects to real-world assets (RWA). As value co-creators, BlockBooster is dedicated to unlocking the long-term potential of these assets, capturing exceptional value for its partners and investors in the digital economy.

About SignalPlus

Headquartered in Hong Kong, SignalPlus builds institutional-grade derivatives trading infrastructure for the converging capital markets. Its platform provides professional options analytics, real-time risk management, and execution tools to hedge funds, market makers, proprietary trading desks, and asset managers across digital and traditional financial markets. The company partners with the industry’s leading exchanges and trading institutions, and is backed by HashKey Capital, AppWorks, Tencent, and other prominent technology and financial investors.

 

View original content:https://www.prnewswire.com/apac/news-releases/blockbooster-digital-venture-fund-i-invests-10-million-as-anchor-investor-in-signalplus-50-million-series-b1-round-302788716.html

SOURCE BlockBooster

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