Luup announced that it will open a regional office in Dubai, United Arab Emirates.
The office, headed by Morten Hofstad as Head of Business Development, will support partners and customers throughout the Middle East and North Africa (MENA). The office is in Commercial Tower, Crowne Plaza, Sheikh Zayed Road, Dubai and opens today, 27 July 2009. Luup also expects to recruit more employees in the region in the near future.
Thomas Bostrøm Jørgensen, Chief Executive of Luup said “The Middle East has been a great market for us and we are delighted that we can establish an office here. The mobile payment solutions and services we provide for banks and financial institutions are cutting-edge. We’ve found banks and corporations in the Middle East are quick to see the potential of mobile payments for their business and ready to lead the way in bringing the future of payments to their customers today.”
Morten Hofstad, Head of Business Development for the MENA region at Luup, said: “Luup’s had a presence in the UAE for several years - it’s a great market with huge potential for mobile payments and a business community that’s innovative and perceptive. Mobile payments is a new channel and we want to offer clients complete support as they move into this sector. We are already working with a number of organizations here and having an office in the region means we’ll be able to work even more closely with clients.”