Global fintech group Equiti has announced its
sponsorship of Abu Dhabi’s Al Wahda Football Club. According to a statement by
the company today (Thursday), Equiti will become the club’s sleeve sponsor in a
deal that features on-ground events.

Sponsorship Beyond the Pitch

Commenting about the partnership, Mohammed AlAhmad Ketmawi,
Equiti Group’s Co-founder and Chief Managing Director, said: “Al Wahda Football
Club has been at the heart of Abu Dhabi’s community for decades, bringing
people together through their love for the sport.”

“We are honored to partner with a club that shares
our commitment to excellence. This partnership will allow us to connect with
fans in a meaningful way, support local events, and share triumphs that extend
beyond the game.” On the social media platform X, Equiti has more than 3,000 followers, while Al Wahda has more than 60,000.

⚽️ Equiti proudly becomes a sponsor of Abu Dhabi’s @AlWahdaFCC! From the trading floor to the football field, excellence is our goal. Read more: https://t.co/kEL0nj5437#Equiti #AlWahda #FintechMeetsFootball pic.twitter.com/PiesRbQN6O

— Equiti (@Equiti_en) August 15, 2024

Besides the sponsorship deal, Equiti aims to actively
engage with the Abu Dhabi community through a series of on-ground events and
exclusive VIP experiences. The company mentioned that through such initiatives, it will support the team by fostering connections within the local community.

This sponsorship comes as part of Equiti Group’s
broader marketing efforts, which have intensified over the past year. The
fintech company is focused on expanding its reach by offering a variety of
services, including online trading, physical commodities, payment services, and
digital asset solutions.

Supporting Local Talent

Al Wahda Football Club is Abu Dhabi’s notable brand in the sports scene. Founded in 2013
under the directives of H.H. Sheikh Theyab Bin Zayed Al Nahyan, the club competes at local, continental, and international levels. With Equiti’s
support, Al Wahda expects to continue its journey towards excellence, both on
and off the field.

Last month, Equiti Capital UK Limited, the
FCA-regulated arm of Equiti Group, released its financial report for 2023. The
company highlighted an increase in trading revenue and operating profit. However, the firm’s total income was more than 30% lower than the preceding year.

Trading revenue surpassed $31 million in
the period, jumping several percentage points from the $30.5 million registered
in the previous year. Additionally, operational profit was $1.9 million, a
marginal increase compared to the previous year.

This article was written by Jared Kirui at www.financemagnates.com.

—

— CONTENT NOT MODERATED BY G6

— Please be careful with this content. If you don’t think it should be here, please get in touch with us at [email protected]