Latest news with #Myne
Finextra
14-05-2025
- Business
- Finextra
Myne chooses Fintech Galaxy for open banking payments
Myne, a leading personal finance management (PFM) platform, has selected Fintech Galaxy, a regional leader in Open Banking and financial innovation, to power its Open Banking data and payments capabilities in the GCC region. 0 This strategic partnership aims to revolutionize how users manage their finances, offering them seamless Open Banking-enabled access to real-time financial data and streamlined payment solutions. Unlocking the Power of Open Banking By integrating Fintech Galaxy's Account Information and Payment Initiation services via FINX Connect, Myne is redefining Wealth Management. FINX Connect, an Open Banking platform, enables secure access to financial data and seamless payment initiation. Myne users will gain a real-time, consolidated view of their finances, empowering smarter decisions and greater control. Open Banking-powered Myne will help users better track, grow and protect their finances while streamlining payments with secure, frictionless transfers. Our partnership with Fintech Galaxy represents a significant leap forward in transforming personal finance management in the GCC starting with Bahrain,' said Karim Chouman, CEO of Myne. 'By integrating Open Banking capabilities into Myne, we're making it easier for users to gain full visibility over their financial lives, take control of their spending, and plan more intelligently for the future. This collaboration reflects our commitment to delivering intelligent, secure, and inclusive financial wellness tools across the region.' 'This partnership is a testament to the transformative power of Open Banking,' said Mirna Sleiman, Founder and CEO of Fintech Galaxy. 'By enabling seamless access to financial data and streamlining payments, we're empowering Myne to deliver smarter, more personalized financial solutions that truly resonate with users. Together, we're driving innovation, financial inclusion, and better money management across the GCC.' Myne, powered with data and payment Open Banking-powered tools, will offer customers real-time financial insights, budgeting support, and net worth analysis. Myne will offer seamless, secure, and instant payments, enabled by Fintech Galaxy's Open Banking Payments capabilities. The app will also enhance engagement, builds trust, and provides actionable insights for more personalized financial experiences.
Daily Mail
01-05-2025
- Business
- Daily Mail
EXCLUSIVE Start-up Myne wants you to buy a share of a holiday home with strangers
Roughly half of the European population dream of owning a holiday home. The problem, according to Nikolaus Thomale, co-founder of Myne, is that 'typically, less than two per cent can afford what it costs to buy such a place initially and then to operate it.' Thomale's Berlin-based startup, which launched in the UK last week, seeks to address this disconnect between people's dreams and the reality. It offers fractional ownership of holiday homes across nine countries in Europe, with properties available in 25 destinations. Inevitably this has drawn comparisons with timeshares, which in the past saw many part-owners locked in to long contracts with massive fees. Thomale insists this isn't the case, though - so we asked him more about the model and how it works. The idea for the business came during the pandemic. 'We saw how many people were looking jealously at their friends or families who had a holiday home somewhere outside of the cities,' says Thomale. Starting at £99,000, holiday homes can be shared by up to eight individuals, but as little as two. 'Imagine you and a couple of friends come together to buy and co-own a holiday home,' he continues. 'Except you don't have to know these people and we are taking care of the whole process from finding these properties, equipping them down to the teaspoons. 'We take care of the design and the whole servicing and maintenance of these properties.' Do I really own the property? We're all familiar with timeshares – property agreements where holidaymakers pay for the right to use a specific holiday home for a period of each year. Timeshare owners often find themselves paying high maintenance fees that keep increasing while locked into 'in perpetuity' contracts with little hope of resale. Thomale says Myne doesn't sell timeshares, and that its model 'is addressing the same need in a better way.' Thomale says: 'The major difference to traditional timeshare is that it would provide you access to the property, typically for fixed weeks every year, but it has nothing to do with real ownership of the property. It's essentially a prepaid vacation expense, and doesn't include any potential capital appreciation. It simply isn't an investment into the ownership of the property. According to Myne, property prices in the premium locations where it offers holiday homes have grown by an average of between three and six per cent per year. Thomale added: 'Our owners become equity stakeholders in this real estate with ownership rights, which also include the right to use the property.' 'Traditional timeshares are typically structured around lots of properties, like a big hotel - hundreds and thousands of properties combined in a in almost a fund like structure. We're really focusing on individual properties… giving the owners real control over the asset.' The holiday lets are fully serviced and maintained by Myne, which charges an annual management fee as well as the associated maintenance costs which Thomale says depend on the specific property. He said: 'If you have a big house with a large garden and a pool, it obviously costs more to maintain that property than a smaller apartment.' Each property has an annual budget, as well as a maintenance reserve fund so that major work can be carried out periodically without hitting the owners' wallets all in one go. How much time can I spend there? Each property is split into eight shares, entitling the owner to around six and a half weeks at the property per year. Owners don't need to own just a single share, they can purchase up to four – equivalent to a 50 per cent share in total. Thomale said: 'What typically happens is that people don't buy multiple shares in one property, but they buy a second share in a second property and a third share in a third property. 'Roughly 25 per cent of our owners own two or more shares.' Owners can book the time they want to stay in their property between two days and two years in advance, and Thomale says the firm does its best to 'make sure that "putting your towel on the sunbed" doesn't happen and everyone gets a fair right to use the property.' This is done in a number of ways. First, the firm pairs owners with those who will mostly use their property during different periods of the year. The main distinction, Thomale said, is between families with children bound to school holidays and people who don't have kids or have older children and would rather travel out of school holiday periods. 'I'm a good example,' Thomale added, 'My co-founder Fabian has kids and has to travel during school holidays. I don't have kids, so I don't want to travel then. Myne also only operates in destinations that allow usage throughout much of the year, so that owners have more options of when to stay. Thomale said: 'We are very active in Majorca, where they have eight to nine months of main holiday period, and if you equip the houses right with a fireplace and a sauna, for example, they can be used in the winter. 'What we don't do is go to Mykonos, which is an incredible island as well, but primarily for four months of the year and the rest of the time there is less infrastructure: fewer flights, restaurants aren't open and so on.' Finally, the firm uses what it calls its 'smart stay algorithm'. Essentially, Thomale says, Myne has a rolling system preventing the same owners from booking peak periods every year, to ensure that each owner has equal opportunity. He said: 'If I was there on Christmas this year, then other owners would have a first right to use Christmas next year. 'As a result, this allows us to confirm 80 per cent of these stay requests immediately, while the other 20 per cent get on the waiting list.' Myne holiday properties can be shared by between two and eight co-owners How easy is it to sell? Co-owners have the ability to sell their share of the property at any time, either with the help of Myne, or on the open market. Thomale told This is Money: 'You can sell it pretty much any time you want to anyone you want, you can do it through a real estate agent or put it on a listing site. Or you can ask us to support you with reselling the share.' 'When people sell through us it is generally way faster because we have built waiting lists on the properties. We've sold shares within 48 hours of the seller approaching us. 'Sales typically take between 48 hours and two to three months.' Thomale adds that shares have a swap right, meaning that owners can exchange their share for another if it doesn't meet their needs.
CairoScene
26-04-2025
- Entertainment
- CairoScene
The French New Wave Edit
Bienvenue to the French New Wave Edit. C'est chic, non? Before it was a Pinterest aesthetic, the French New Wave was a full-on cultural revolution. Born in the late 1950s, this cinematic movement rewrote the rules of storytelling - with jump cuts, cigarette smoke, existential monologues, and the kind of nonchalant cool that still makes people swoon in film school. However, beyond the cinema's silver screen, it subtly sparked a style legacy that never really left. Think Anna Karina in a striped turtleneck, Jean Seberg in a trench coat and pixie cut, Jeanne Moreau, all black eyeliner and barely-there smirk. The fashion of the French New Wave was all about mood over perfection; effortlessly tailored trousers, crisp button-downs, a beret thrown on like an afterthought, and lipstick that says nonchalant. This edit borrows from that same spirit: a monochromatic base with bold pops, strong silhouettes, and that signature balance between polished and undone. It's the kind of look that works just as well on the streets of Dubai or Riyadh as it does wandering through the 5th arrondissement - with a baguette in one hand and your opinions on Godard in the other. Ahmed Amer | Madina Suit in Zaytoun FW25'26 This deconstructed wool suit riffs on traditional tailoring with boxy proportions and tonal embroidery that plays with perception. The exaggerated lapels and sharp neckline nod to New Wave's gender-fluid energy. Myne | Trench Coat in Khaki A classic trench with a cinematic flair, this piece is all about movement. The oversized silhouette, dramatic storm flap, and belted waist evoke Parisian cool with a rebellious undertone. Farah Seif | The Sparkly Set This flirty two-piece leans into sharp contrasts - structured shoulders, and a soft, pleated mini skirt. The cropped jacket modernizes '60s gamine chic, but the all-black palette keeps it crisp. A Nouvelle Vague girl would wear it to cause trouble in the 16th arrondissement. The Front Row Studios | The Classic Oversized Pants A sleek noir moment - this oversized black suit speaks in slow, smoky tones. With relaxed tailoring and minimalist design, it evokes the mood and stripped-back silhouettes of late-night French cinema. Maison Labiche | Striped Cotton Jumper with Logo This Parisian brand is perfect for classic striped knits. Soft and collegiate, this knit channels Left Bank intellectual cool with its chunky navy-and-white stripes and sailor-ish scarf. Embroidered with 'Labiche' in cursive, it's giving poetry readings at cafés - unmistakably French. Hayden | Selene Earrings The oversized gold hoops taps into the seductive side of the French wave. It's for a going-out look that's sleek and sparkly– a little Bardot, a little club scene. Brunello Cucinelli | Wool Beret Red wool, classic shape, and absolutely French, this beret is more than a cliché. It's structured yet soft, topping off the edit with a wink to French girl tropes turned subversive. COS | Longline Linen Blazer & Trousers Clean lines, creamy tones, and a collarless cut that honours minimalist tailoring, COS's SS25 moment is sleek but approachable, like if Jean-Pierre Léaud grew up and worked in creative direction. Georges Hobeika | Look 25 in Ready-to-Wear Fall 2025 This leather mini with feathered hem is all about movement and allure. The high neckline balances sensuality with structure, creating a silhouette you could imagine dancing through an underground jazz bar. Mamzi | Arc Set Architectural and assertive, this two-piece with asymmetrical shoulder detail feels sculptural and cinematic. The checkered print nods to classic tailoring while the bold cuts belong on a woman who lives her life like a scene-stealer. Atelier Hekayat | Red Leather Gloves These high-gloss crimson leather gloves feel lifted from a 1960s film frame - moody, glamorous, and just a touch surreal. It channels the theatrical flair that's at the heart of the French New Wave. Nafsika Skourti | The Shiza Crafted in a soft stretch jersey, this body-hugging dress stuns from the back with its sculptural cut-outs and velvet crystal-studded bows. It's minimal from the front, maximal from behind - a duality that echoes the New Wave's play on surprise and subversion. Sézane | Max Shirt This oversized striped shirt nods to boyish tailoring but softens it with flowy movement and a French effortlessness. Worn undone or tucked into wide-leg denim, it channels the kind of ease Godard's heroines were known for. Guerlain | Aqua Allegoria Mandarine Basilic Forte This scent is summer bottled, like sun-warmed citrus groves laced with hints of basil and vanilla woods. It's light enough to feel effortless, yet deep enough to leave an impression - like a final line in a French film that lingers in the air. Bassam Fattouh Cosmetics | Dual Edge Eyeliner This graphic liner that does both: precision and smudge. One end delivers sharp noir lines, the other gives a smoky softness - perfect for building drama or dialing it down. It's the kind of liner Brigitte Bardot would swipe on in a dressing room mirror, cigarette in hand. Yasmin Mansour | Ivory Pleated Suit Set This tailored cream suit reimagined with pleated sleeves flares into sculptural volume. The exaggerated silhouette adds movement and eccentricity to a traditional cut, much like the architectural layers of a Truffaut heroine's personality. Huda Beauty | Power Bullet Matte in El Cinco de Mayo A fiery red with a creamy matte finish, this Huda Beauty lip stick feels like pure confidence. Bold but wearable, it can turn a simple outfit like a white tee and denim into a look. ASL Line | Sheer Crochet Tie-Neck Blouse This open-weave lace blouse is adorned with a dramatic statement bow and layered pearls - a textural feast that feels vintage, but not dated. The mix of softness and bold accessorizing speaks to the contradictions that defined New Wave fashion: flirty yet assertive, classic yet current. Velvety Couture | The Crepe Hand-Embroidered Pencil Dress This hand-embroidered crepe gown with a draped neckline and detachable taffeta shawl offers a refined silhouette with a hint of sensuality. Its clean lines, vintage feel and glamour fit perfectly into a cinematic moodboard, echoing the poised elegance of an Anna Karina close-up. BLSSD | Lexi Pocket Shirt Understated but intentional, this piece evokes a borrowed-from-the-boys attitude that made New Wave style so iconic. It's a modernist staple, with its white shade, oversized silhouette, cotton fabric, elbow-length sleeves and subtle side seam pockets. The Attico | La Passeggiata Small A striking red structured handbag with playful curves, it's both retro and exaggerated. The pop of colour and glossy texture would be perfect to disrupt a monochrome look à la New Wave iconography.
Web Release
11-02-2025
- Business
- Web Release
Qashio and Myne Partner to Transform Financial Wellness for Companies and Employees
By Editor_wr On Feb 11, 2025 Qashio , the UAE's leading spend management platform, has joined forces with Myne, an innovative wealth management app, to redefine financial wellness for businesses and employees. This groundbreaking partnership bridges the gap between business financial tools and personal wealth management, empowering employees with enhanced financial visibility and planning tools. With Digital Dubai's 'Dubai Cashless Strategy' aiming for 90% of all transactions to be cashless by 2026, the urgency for digital solutions has never been greater. This initiative is expected to boost economic growth by over AED 8 billion annually through fintech innovation, positioning collaborations like Qashio and Myne at the forefront of this transformative movement. Together, they are setting a new standard for financial well-being across the corporate ecosystem. Qashio employees and its clients will gain access to exclusive benefits, including preferential rates on Myne's cutting-edge financial tools. This collaboration fosters financial empowerment, providing employees and businesses alike with tools to enhance financial decision-making and drive growth. On this occasion, Armin Moradi, CEO and Co-Founder of Qashio, stated: 'Our vision has always been to revolutionize financial transactions and corporate spending by enabling control, scalability, and standardized processes, empowering businesses to make informed decisions. Partnering with Myne allows us to extend this empowerment to employees, ensuring they feel supported in their financial journeys.' For Qashio employees, this partnership offers unparalleled access to Myne's financial tools, which provide visibility into personal finances. Employees will gain control over their savings, spending, and investments, fostering a sense of financial security and empowerment. For Qashio clients, preferential rates on Myne's wealth management platform open up opportunities to incorporate Myne's solutions into employee rewards programs, promoting financial well-being and boosting team morale. Myne clients also benefit by gaining enhanced financial transparency, enabling better savings, spending, and planning decisions. This collaboration aligns with Qashio's broader mission to revolutionize financial management for both businesses and individuals. Karim Chouman, CEO of Myne, said: 'Partnering with Qashio enables us to deliver even greater value to businesses and their employees. Together, we're simplifying financial planning and making it more accessible, helping individuals and organizations achieve their financial goals.' To celebrate this partnership, Qashio is offering employees of its clients complimentary access to Myne for a limited time. Additionally, Myne users can enjoy preferential rates on Qashio's corporate card and spend management solutions, seamlessly integrating personal and business financial tools. For more information and to take advantage of this partnership, visit Qashio's Official Website Comments are closed.
Zawya
11-02-2025
- Business
- Zawya
Qashio and Myne partner to transform financial wellness for companies and employees
Dubai, UAE – Qashio, the UAE's leading spend management platform, has joined forces with Myne, an innovative wealth management app, to redefine financial wellness for businesses and employees. This groundbreaking partnership bridges the gap between business financial tools and personal wealth management, empowering employees with enhanced financial visibility and planning tools. With Digital Dubai's "Dubai Cashless Strategy" aiming for 90% of all transactions to be cashless by 2026, the urgency for digital solutions has never been greater. This initiative is expected to boost economic growth by over AED 8 billion annually through fintech innovation, positioning collaborations like Qashio and Myne at the forefront of this transformative movement. Together, they are setting a new standard for financial well-being across the corporate ecosystem. Qashio employees and its clients will gain access to exclusive benefits, including preferential rates on Myne's cutting-edge financial tools. This collaboration fosters financial empowerment, providing employees and businesses alike with tools to enhance financial decision-making and drive growth. On this occasion, Armin Moradi, CEO and Co-Founder of Qashio, stated: "Our vision has always been to revolutionize financial transactions and corporate spending by enabling control, scalability, and standardized processes, empowering businesses to make informed decisions. Partnering with Myne allows us to extend this empowerment to employees, ensuring they feel supported in their financial journeys." For Qashio employees, this partnership offers unparalleled access to Myne's financial tools, which provide visibility into personal finances. Employees will gain control over their savings, spending, and investments, fostering a sense of financial security and empowerment. For Qashio clients, preferential rates on Myne's wealth management platform open up opportunities to incorporate Myne's solutions into employee rewards programs, promoting financial well-being and boosting team morale. Myne clients also benefit by gaining enhanced financial transparency, enabling better savings, spending, and planning decisions. This collaboration aligns with Qashio's broader mission to revolutionize financial management for both businesses and individuals. Karim Chouman, CEO of Myne, said: "Partnering with Qashio enables us to deliver even greater value to businesses and their employees. Together, we're simplifying financial planning and making it more accessible, helping individuals and organizations achieve their financial goals." To celebrate this partnership, Qashio is offering employees of its clients complimentary access to Myne for a limited time. Additionally, Myne users can enjoy preferential rates on Qashio's corporate card and spend management solutions, seamlessly integrating personal and business financial tools. For more information and to take advantage of this partnership, visit Qashio's Official Website About Qashio Qashio is a top spend management platform dedicated to streamlining and optimizing expense management for businesses. Offering advanced features such as expense tracking, virtual cards, and seamless integrations, Qashio enables companies to maintain control, compliance, and visibility over their spending. About Myne Myne is an innovative wealthtech platform that helps users track their wealth in real time, improve their finances with live budgeting tools, and safeguard their family's future through digitized estate planning services. By simplifying financial management, Myne empowers users to make informed decisions, ensuring long-term financial health and security. To know more visit
