Specialist provider of digital treasury services management SH Capital has been formally granted its Category 3A Dubai International Financial Centre (DIFC) licence, allowing them to begin trading imminently.

The company, which launched at the start of this year, will empower small and medium sized enterprises (SMEs & MMEs) by providing access to world class global asset investment products, asset management, FX hedging solutions and investment products.

SH Capital’s unique service offering allows clients to benefit from the expert consultancy of its team, which has several decades of Tier 1 banking experience. The company has selected FinIQ, a leading capital markets technology provider for its fintech platform.

SH Capital acts as a digital prime broker for ambitious businesses, helping them to access leading and global tier one cash investment products. SH Capital is a subsidiary of parent company SH Financial Group, which launched with $3.5m funding in November last year.

Speaking to Global Banking and Finance, Kevin von Neuschatz, Group CEO, SH Financial Group said, “Achieving formal certification to operate in this region is a major step for our business and we’re excited about the potential for growth across the UAE and GCC region as a whole.

“In the coming weeks we will accelerate our mission to provide investment solutions access to companies that need it most, with new senior hires, and acquisitions in the pipeline.”

Khalid Talukder, SEO, SH Capital Ltd, said, “We are delighted to have been formally granted our operating licence by the DFSA, allowing us to begin trading with immediate effect with the DIFC here in Dubai. The DIFC is positioning itself on the global stage to be a key financial west linking east to west.

“After years of globally low interest conditions, SME and MME businesses are crying out for access tier one grade investment products to optimise yield on excess cash and make their resources sweat harder. Our mission is to provide a complete assets under management (AuM) service for ambitious companies in the UAE &GCC region. By providing the insights and resources they need to survive so they can thrive in current global economic conditions where central banks are unlikely to raise interest rates any time soon.