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Unicorn founder backs Multipolitan’s pre-seed round

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Multipolitan’s pioneering platform transforms global mobility, empowering individuals to explore, live, work and thrive anywhere in the world.

SINGAPORE, June 28, 2024 /PRNewswire/ — Multipolitan, the world’s first product-driven global migration platform, has secured pre-seed funding from Lee Smith, the visionary entrepreneur behind Paidy, which was acquired for $2.7 billion by PayPal.

This strategic investment supports Multipolitan’s mission to empower a new generation of Multipolitans – ambitious individuals seeking freedom, opportunity and belonging through seamless global mobility solution.

Headquartered in Singapore, Multipolitan aims to revolutionize immigration by transforming it into a streamlined product-driven experience. Initially focusing on investment-based migration strategies for high-net-worth individuals (HNWIs), the company plans to scale its services to include visa and consular services, skilled migration, nomad visas, and business incorporation.

“We are building a brand that resonates with both the established and the aspiring. Multipolitans defy traditional notions of residency, understanding that true security lies in the ability to adapt and thrive amidst change,” said Nirbhay Handa, CEO and Co-Founder of Multipolitan.

 

Are you a Multipolitan? (youtube.com)

High-net-worth individuals (HNWIs) are increasingly transnational and mobile, seeking superior business and lifestyle opportunities. According to the Knight Frank Wealth Report 2024, the global population of HNWIs is projected to increase by 28.1% by 2028. This growth trajectory suggests that the number of HNWIs will exceed 100 million within the next five years, marking a 56.9% increase. This data indicates that the market for international mobility solutions is currently only beginning to realize its potential.

Highlighting the limitations and opportunities in the global immigration landscape, Sandeep Jain, COO and Co-Founder of Multipolitan, stated, “The traditional immigration landscape is ripe for disruption. Today, individuals and businesses seek to diversify investments and expand global mobility options but are consistently frustrated by archaic practices. Multipolitan’s product-driven approach places the customer at the center, delivering a seamless and frictionless user experience.”

Co-Founder Lee Smith expressed his enthusiasm for supporting Multipolitan’s vision, saying, “Multipolitan is building a better future by connecting people and their skills to opportunities ripe for growth. Their innovative approach to global mobility is something I truly believe in and am excited to be a part of.”

Multipolitan recognizes the evolving nature of sovereignty. As corporations rival nations in GDP and virtual realms disrupt traditional state dynamics, the company envisions a future where individuals maintain dual allegiances. Leveraging its expertise in Foreign Direct Investment (FDI) and the blockchain capabilities of its parent firm EmergentX (www.emergentx.org), Multipolitan aids governments in building trust and engagement through advanced digital systems and e-governance policies. The company also assists governments in establishing Special Economic Zones (SEZs) grounded in principles of neutrality, sustainability, and legality.

Multipolitan’s services include:

Investment-based migration strategiesVisa and consular servicesSkilled migrationNomad visasEducation ServicesBusiness incorporationGovernment Advisory

Multipolitan’s mission statement, “Liberty, Security, and Mobility,” reflects its core values and embodies a more state-than-corporate approach. The company strives to provide accessible and transparent immigration solutions, fostering individual freedom and security in a world of increasing mobility.

About Multipolitan:

Multipolitan is the world’s first and only product-driven global migration platform that streamlines the process of traveling, relocating, setting up businesses, and managing assets for the borderless enthusiast. With offices in Dubai and Singapore, Multipolitan enables families to navigate geopolitical risks, capitalize on global opportunities, and establish financial resilience.
www.multipolitan.com

About the Founders:

Nirbhay Handa, CEO and Co-Founder
Nirbhay has been an advisor to presidents, ministries, and public sector heads on FDI strategies. Formerly at Henley & Partners, Nirbhay was the Group Head of Business Development and Asia Head of Private Clients. He played a crucial role in reengineering Henley & Partners’ global business development strategy, overseeing a significant portion of the company’s fee-earning headcount across regions from South Africa to Israel and the USA to Hong Kong. Nirbhay graduated from the University of Nottingham on an academic scholarship.

Lee Smith, Co-Founder
Lee is a serial entrepreneur and a renowned investor. Before Multipolitan, Lee co-founded Paidy. This Japanese payment network achieved unicorn status with notable shareholders like Goldman Sachs, Amazon, Visa, and Fidelity. PayPal paid $2.7 billion to acquire the company in 2021.

Sandeep Jain, COO and Co-Founder
Sandeep’s impressive career journey includes working as a management consultant for Accenture and Infosys across the UK and India. He has built, managed, and recently exited a climate tech business where he raised capital from the Asian Development Bank. Sandeep graduated with honors on the Dean’s list from Bangalore University and became a Fulbright scholar, earning his Master’s degree at the University of Lancaster. 

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SOURCE Multipolitan

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Yalla Group Releases 2025 ESG Report

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DUBAI, UAE, April 22, 2026 /PRNewswire/ — Yalla Group Limited (“Yalla” or the “Company”) (NYSE: YALA), the largest Middle East and North Africa (MENA)-based online social networking and gaming company, today published its 2025 Environmental, Social and Governance (ESG) Report. The report outlines the Company’s 2025 ESG performance and future strategy across five key pillars: responsible governance, environmental stewardship, trust, people, and community engagement, underscoring its enduring commitment to sustainable development.

Tao Yang, Founder, Chairman, and CEO of Yalla, stated, “In 2025, we made tangible progress across our ESG priorities. We expanded our use of renewable energy, integrated energy-efficient technologies and deepened AI applications across daily operations, advancing toward our carbon neutrality goal while strengthening business performance. We also invested in building a more diverse and inclusive workplace where our people can thrive and deliver their best, supporting our sustainable growth. True to our mission of connecting our users and enriching lives across the MENA region through our social and gaming ecosystem, we will continue to innovate with purpose, leading responsibly to create positive, enduring impact and lasting value for all stakeholders.”

Mr. Saifi Ismail, President of Yalla, added, “Our fifth annual ESG report highlights our dedication to promoting sustainability, innovation, and responsible growth. Cultural respect and community engagement remain central to how we operate, enabling us to foster a sense of belonging in our digital entertainment community across the MENA region. This year, we also strengthened our cybersecurity infrastructure, building greater user trust in our platforms. Looking ahead, we will continue to invest in ESG initiatives and leverage advanced technologies to cultivate a safe, engaging and innovative digital ecosystem, driving progress toward a more sustainable future.”

For more information on the Company’s ESG initiatives and to access the complete ESG report in English and Arabic, please visit the ESG section of the Company’s investor relations website at https://ir.yalla.com/esg. 

About Yalla Group Limited

Yalla Group Limited is the largest MENA-based online social networking and gaming company, in terms of revenues in 2022. The Company operates two flagship mobile applications, Yalla, a voice-centric group chat platform, and Yalla Ludo, a casual gaming application featuring online versions of board games, popular in MENA, with in-game voice chat and localized Majlis functionality. Building on the success of Yalla and Yalla Ludo, the Company continues to add engaging new content, creating a regionally-focused, integrated ecosystem dedicated to fulfilling MENA users’ evolving online social networking and gaming needs. Through its holding subsidiary, Yalla Game Limited, the Company has expanded its capabilities in mid-core and hard-core games in the MENA region, leveraging its local expertise to bring innovative gaming content to its users. In addition, the growing Yalla ecosystem includes YallaChat, an IM product tailored for Arabic users, WeMuslim, a product that supports Arabic users in observing their customs, and casual games such as Yalla Baloot and 101 Okey Yalla, developed to sustain vibrant local gaming communities in MENA. Yalla is also actively exploring outside of MENA with Yalla Parchis, a Ludo game designed for the South American markets. Yalla’s mobile applications deliver a seamless experience that fosters a sense of loyalty and belonging, establishing highly devoted and engaged user communities through close attention to detail and localized appeal that profoundly resonates with users.

For more information, please visit: https://ir.yalla.com.

Safe Harbor Statement

This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to” and similar statements. Statements that are not historical facts, including statements about Yalla Group Limited’s beliefs, plans and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in Yalla Group Limited’s filings with the SEC. All information provided in this press release is as of the date of this press release, and Yalla Group Limited does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

For investor and media inquiries, please contact:

Yalla Group Limited
Investor Relations
Kerry Gao – IR Director
Tel: +86-571-8980-7962
Email: ir@yalla.com    

Piacente Financial Communications
Jenny Cai
Tel: +86-10-6508-0677
Email: yalla@tpg-ir.com  

In the United States:

Piacente Financial Communications
Brandi Piacente
Tel: +1-212-481-2050
Email: yalla@tpg-ir.com  

View original content:https://www.prnewswire.com/news-releases/yalla-group-releases-2025-esg-report-302750991.html

SOURCE Yalla Group Limited

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Citizens Bank Data Breach: Edelson Lechtzin LLP Launches Investigation Into Exposure of Personal Information

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National class action firm offering free case evaluations to individuals impacted by the Citizens Bank cybersecurity incident

NEWTOWN, Pa., April 22, 2026 /PRNewswire/ — Edelson Lechtzin LLP, a national class action law firm, is investigating data privacy claims arising from the Citizens Bank, N.A. data breach. Citizens Bank appeared on the Everest gang’s dark web ransomware leak site on or about April 20, 2026.  

Edelson Lechtzin LLP is investigating data privacy claims arising from the Citizens Bank, N.A. data breach.

What Happened

On or about April 20, 2026, samples of sensitive financial data from Texas-based Frost Bank and Citizens Financial Group showed up on Everest’s dark web site. The Everest gang has reportedly given the banks six days before it publicly releases the stolen data. This is a common tactic used by hackers to extort large payments. The Everest gang claims to have approximately 3.4 million records belonging to Citizens Bank

Information Exposed

Affected personal data includes names, home addresses, and account numbers.

Who May Be Impacted

Individuals who received a data breach notification from Citizens Bank may face an increased risk of identity theft and fraud.

Your Legal Options

Edelson Lechtzin LLP is investigating a potential class action to pursue legal remedies on behalf of individuals whose sensitive personal data may have been compromised in the Citizens Bank breach. The firm will evaluate your rights and potential claims at no cost.

Recommended Protective Steps

Review account statements and credit reports regularly and remain vigilant for suspicious activity. Confirm whether your information was involved in the Citizens Bank incident and preserve any letters or emails you received about the breach. Consider placing fraud alerts and credit monitoring.

Contact Us for a Free Case Evaluation

Speak confidentially with a data privacy attorney today: Marc Edelson, Esq., Edelson Lechtzin LLP, 411 S. State Street, Suite N-300, Newtown, PA 18940; Phone: 844-696-7492 ext. 2; Email: medelson@edelson-law.com; Web: www.edelson-law.com. Or click HERE to request a free consultation.

About Citizens Bank

Citizens Financial Group, Inc. is an American bank holding company headquartered in Providence, Rhode Island. The company owns the bank Citizens Bank, N.A., which operates in Connecticut, Delaware, Florida, Maryland, Massachusetts, Michigan, New Hampshire, New Jersey, New York, Ohio, Pennsylvania, Rhode Island, Vermont, and Virginia, as well as Washington, DC.

About Edelson Lechtzin LLP

Edelson Lechtzin LLP is a national class action law firm with offices in Pennsylvania and California. In addition to data breach litigation, the firm handles class and collective actions involving securities and investment fraud, federal antitrust violations, ERISA employee benefit plans, wage theft, and consumer fraud

Media and Partnership Inquiries: Use the contact information above to connect with our team regarding interviews, co-counsel opportunities, and referral partnerships.

Legal Notice: This press release may be considered Attorney Advertising in some jurisdictions.

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SOURCE Edelson Lechtzin LLP

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Registration for the 2026 National Summit in San Diego, CA is Officially Open!

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Leading independent technology distributor Sandler Partners opens registration for their 3-day National Summit, an event dedicated to helping empower Partners to grow their business.

REDONDO BEACH, Calif., April 22, 2026 /PRNewswire/ — Sandler Partners announces that registration is now open for the 2026 Sandler Partners National Summit, taking place October 26–29 at the Hilton San Diego Bayfront in San Diego, CA.

The National Summit is the largest event of the year for the Sandler Partners community—bringing together 600+ Partners, Sandler leadership, and 75+ Providers for three days of insight, collaboration, and opportunity. The event is designed to equip attendees with the knowledge, connections, and strategies needed to navigate a rapidly evolving technology landscape and drive business growth.

Partners, potential Partners, and sponsoring technology Providers can register today by clicking HERE.

“I had the opportunity to connect with the Sandler team, delve into the latest technologies and Partner programs, and build relationships that will help expand the services we deliver to our clients,” states a West Coast Partner and 2025 attendee. “I’m coming back inspired and ready to put some of these new partnerships and ideas into action.”

Shaped by Partner feedback, the Summit focuses on what matters most—delivering practical insights, relevant education, and meaningful connections. Attendees will engage in Growth, Sales, and Technology sessions, explore emerging solutions, and collaborate with peers to exchange ideas, discover new approaches, and strengthen relationships across the community.

TECHNOLOGY PROVIDERS, PLEASE NOTE: Only sponsoring Providers are allowed to attend this event. Those interested in participating as a sponsor can learn more by contacting Tina S. Dyksterhouse, Vice President of Marketing at Tina@SandlerPartners.com.

About Sandler Partners and Their Community Approach
Sandler Partners helps empower their network of leading independent Sales Partners to bring organizations around the world a comprehensive range of technology solutions, including Cybersecurity, Artificial Intelligence (AI), Connectivity, Cloud, Colocation, Mobility, Internet of Things, and Continuity. Their community focus helps support Partners to identify solutions swiftly and unbiasedly from a diverse Provider portfolio of 250+ suppliers. Partner sales agents, VARs, and MSPs gain access to a robust support network, Sales Engineering expertise, marketing resources, and powerful sales tools like SCOUTSolutions FinderScout for Solutions, and the Marketing Center within the Sandler Portal. This helps give their Partners what they need to do what they do best – deliver quality, value, performance, features, unparalleled expertise, and service to their clients. Members of the Sandler Partner community can rely on the industry’s strongest negotiated agreements and a team dedicated to ensuring all their commissions are found, tracked, and paid.

View original content to download multimedia:https://www.prnewswire.com/news-releases/registration-for-the-2026-national-summit-in-san-diego-ca-is-officially-open-302749840.html

SOURCE Sandler Partners

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