Privé Technologies is proud to announce that we have won the ‘Innovation Paradigm Award’ in competition against more than 60 startups in the 2022 China TAIHU Innovation & Entrepreneurship Competition (CTIEC).This competition is one of China's premier programs designed to bring foreign startups into China and facilitate investment in foreign companies to enter and gain traction in the China market. The competition took place in Jiangsu Province and is one of the leading investment provinces for global companies including LG, Hyundai Group and Samsung.

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After submitting our business proposal, Privé Technologies competed against 60+ startups from across the region as we presented our business model to local Chinese companies, investors and public decision makers. In particular, Privé Technologies focused heavily on how our innovative modular and cloud-based software can help bridge the financial divide and make wealth management accessible to everyone.

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Privé Technologies would like to extend our thanks to the judging panel, Vice Director Alice Zhang and her team, as well as to Seoul Fintech Lab for their coordination and assistance in applying for the competition.

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‍About Privé Technologies:

‍Founded in 2011, Privé Technologies is a leading Software as a Service (SaaS) provider digitizing wealth management services of Banks, Asset Managers or Insurers. Our suite of products spans from client acquisition, digital onboarding and robo-advisory solutions, to portfolio construction, AI optimization, portfolio management (PMS), portfolio monitoring and reporting, to account aggregation, and more. Our lego block approach allows clients to choose and assemble unique journeys using Privé modules to suit their individual needs, such as fully digital Advisor-led wealth management journeys or end-to-end robo-advisory solutions. Privé Technologies services over 70 blue-chip clients across 16 markets globally and currently has offices in Hong Kong, Singapore, Taiwan, South Korea, Thailand, Germany and Austria.

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‍DISCLAIMER: This press release is for information purposes only. Some of the statements in this press release may be forward-looking statements or statements of future expectations based on currently available information. Such statements are naturally subject to risks and uncertainties. Factors such as the development of general economic conditions, future market conditions, unusual catastrophic loss events, changes in the capital markets and other circumstances may cause the actual events or results to be materially different from those anticipated by such statements. Privé does not make any representation or warranty, express or implied, as to the accuracy, completeness or updated status of such statements. Therefore, in no case whatsoever will Privé and its affiliate companies be liable to anyone for any decision made or action taken in conjunction with the information and/or statements in this press release or for any related damages. Privé assumes no obligation to update any information contained herein.