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?
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:
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.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Unicorn founder backs Multipolitan's pre-seed round
Unicorn founder backs Multipolitan's pre-seed round
Unicorn founder backs Multipolitan's pre-seed round
NTUC Club continues to make the sport accessible and affordable for all through partnerships and its estate-less golf club, My Golf Kaki, amid plans for a new, integrated golf development.
SINGAPORE, June 30, 2024 /PRNewswire/ -- This Sunday on June 30, Marina Bay Golf Course (MBGC) – Singapore's first and only 18-hole public golf course owned and managed by NTUC Club – will shutter as its land lease expires. Since its inception in 2006, MBGC has had an illustrious 18-year history, welcoming members of the public to experience its world-class facilities. It made its mark by earning numerous accolades including Best Public Golf Course in Asia Pacific and ranking among the Best Top 3 Best Golf Course in Singapore.
Fun fact: In the past 18 years, the well-loved MBGC has seen more than 1.3 million people on the greens and dispensed over 419 million driving range golf balls.
Despite the closure of MGBC, NTUC Club will continue to make the sport accessible and affordable through its estate-less golf club My Golf Kaki (MGK). This has been done by providing more slots to MGK members during weekdays as well as increasing the number of days night-golf is available at the Orchid Country Club (OCC). Together with the recent expansion of MGK's portfolio of local and overseas courses including in Indonesia and Malaysia, MGK members can not only enjoy an easier planning and booking process, but have a wider variety of golf courses to choose from as well.
Mr Lim Eng Lee, NTUC Club's Chief Executive Officer, said: "Despite the closure of MBGC, we hope to continue to make golf an affordable and accessible sport. In anticipation of MBGC's closure, we have stepped up efforts since last year to promote the affordable MGK membership to golfers. We are encouraged by the response with the community growing from 7,000, to over 9,000 members in the last 12 months. I am pleased that NTUC Club has been working closely with the SGA in our shared vision that golf can be an inclusive sport to be enjoyed by all."
Mr Tan Chong Huat, President of the Singapore Golf Association (SGA), remarked: "The closure of the hugely popular Marina Bay Golf Course will significantly impact Singapore's golfing community without access to a private golf club. We acknowledge the impact of land scarcity on the entry barrier and accessibility to playing golf in Singapore. As the national custodian of the sport, SGA will continue to play its leadership role in developing a robust golf ecosystem that strives to promote and develop the game of golf for all Singaporeans from all walks of life."
He added that SGA will uphold its commitment to making golf an inclusive sport that contributes to the physical and mental well-being of Singaporeans. It remains dedicated to this mission and looks forward to working with stakeholders, including NTUC Club, to achieve pragmatic and beneficial outcomes aligned with urban growth needs and the development of golf in Singapore.
Similarly, NTUC Club is deeply committed to grow Singapore's golfing community, and has been in discussion with the authorities for potential sites that can be developed under the Labour Movement (LM). NTUC Club plans for future LM golf courses to be inclusive with a new, integrated golf concept – one that is enhanced by additional recreational spaces for family-friendly activities such as cycling tracks, nature trails, and common spaces for picnics and performances. Future LM golf courses will welcome not just golfers, but the public and people from all walks of life.
Visuals of MBGC are available here.
About Marina Bay Golf Course
Opened in November 2006, Marina Bay Golf Course is Singapore's only 18-hole public golf course. From a humble reclaimed land to the transformation into an award-winning golf course, this landmark is best known for the only par 6 in Singapore and signature island green overlooking the cityscape. Marina Bay Golf Course is operated by NCI Golf Pte Ltd, a wholly-owned subsidiary of NTUC Club.
About My Golf Kaki
Golf for all, Golf for Good.
Teeing up a vision to be the trusted and leading golf community where everyone can experience and immerse themselves in the game of golf, regardless of status and abilities, My Golf Kaki (MGK) is an energetic community powered by UPlay. As avid golfers ourselves, we're driven by a deep passion for making golf accessible and growing our community of Golf Kakis. Established in 2002, in 2023, we embarked on an exhilarating transformation, complete with a refreshed look and exciting new experiences for our kakis. We're now even more committed to provide members with affordable and amazing golf experiences, complemented by unparalleled service. Join our vibrant golf community in making a positive difference through golf, where we create social impact and foster a strong sense of community! For more details on MGK, visit www.mygolfkaki.com.
About NTUC Club
Established in 1986, NTUC Club is the leisure and entertainment arm of the National Trades Union Congress (NTUC) in Singapore. As part of the Labour Movement (LM), we are committed to providing diverse recreational options guided by values of care, passion, trust, and service. NTUC Club manages clubhouses across the island, Downtown East, D'Resort, Wild Wild Wet, Aranda Country Club, Orchid Country Club, and UPlay. Launched in 2023, UPlay offers 'phygital' recreational experiences, partnering with unions and companies to enhance social well-being and community engagement. NTUC Club also oversees community initiatives like nEbO, U Live and My Golf Kaki - promoting engagement and enrichment for workers. For more details on NTUC Club, visit www.ntucclub.com.sg.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Final Tee-Off At Marina Bay Golf Course: The Sunset That Promises A New Dawn
