Issue link: https://maltatoday.uberflip.com/i/1499169
maltatoday | SUNDAY • 14 MAY 2023 8 COMMERCIAL Moneybase wins Tech.mt Best App Award MONEYBASE has won Best App in the Tech.mt e-Business Awards on the eve of it's first year anniversary, this is the second award it has won in the first year of since its inception, Moneybase also won the Best Financial Institution Award at the Malta Business Awards held last October. Alan Cuschieri, CEO and founder of Moneybase, said: "Since launching less than a year ago, we have been dedicated to offer the highest standards pos- sible, and we continue to see encouraging results with a cli- ent base now reaching 35,000. I would like to thank our custom- ers for their continuous support as well as the passionate team behind such a successful product that has received such a warm welcome in the community at large. We humbly continue our journey to make money simple." The awards ceremony took place at the Westin Dragonara Resort, on Wednesday 26th March, where local businesses received the most distinguish- ing awards from the local Tech scene. Commenting on what comes next for Moneybase, Mr. Cuschieri said, "Following our initial launch we added Google pay and joint accounts, which allow Moneybase customers to switch from their personal ac- count to their joint account and to have a separate card for each, and we have more exciting an- nouncements coming later this year." The eBusiness Awards is an annual event that aims to ac- knowledge unique and innova- tive ideas and initiatives in the use of web-based technologies and eBusiness for businesses and society at large. Established in 2011, these awards Back in 2011, CCTrader which is now known as "Moneybase Invest" also won best ecommerce plat- form when it launched Maltas first online trading platform. The eBusiness Awards are organized by Tech.mt, a Pub- lic-Private Partnership by the Government of Malta and the Malta Chamber of Commerce, Enterprise and Industry, to pro- mote Malta as a tech centre for innovative technologies. As a next-generation financial plat- form, Moneybase provides in- vestments and payments in a single ecosystem backed by local ISO certified customer support seven days a week. Custom- ers can send and receive per- son-to-person payments, as well as make both domestic and in- ternational transfers. Users may also opt to receive their salary, pension or stipend directly onto their Moneybase IBAN. Mon- eybase customers save when travelling or making interna- tional payments thanks to the platform's competitive currency rates and the Moneybase card's multicurrency capabilities. Moneybase may be download- ed from the App Store or Play Store and the Moneybase Mas- tercard may be ordered for free from the app itself. With Moneybase Invest, users can invest locally on the Malta Stock Exchange including new bond issues and IPO'S or tap in- to over 40 international markets with over 20,000 stocks, ETFs, bonds and funds through the award-winning platform. The platform also offers fraction- al shares and extended hours trading, which provide an ad- ditional 9.5 hours of US market access. Moneybase is part of the Calamatta Cuschieri Finance Group. More information is availa- ble on the Moneybase website: https://moneybase.com/ Alan Cuschieri, CEO and Ian Farrugia CTO Finacial aid by Environment Ministry for the generation of electricity from renewable energy installations THE Regulator for Energy and Water Services (REWS) will, once again, be receiving bids pursuant to the invitation to BID (ITB) scheme for the award of financial support for electricity generated and exported to the grid from new renewable ener- gy installations with capacities equal to or larger than one Meg- awatt (1MW). This scheme is the latest in a series of incentives offered by the Ministry for the Environment, Energy and Enter- prise as part of the Government's commitment to achieve several UN and EU Sustainable Devel- opment Goals, whilst contribut- ing towards the creation of more green jobs. This green investment oppor- tunity for grid-connected renew- able energy systems is aimed at the private sector and involves a competitive process whereby investors submit their bids and compete in providing the most at- tractive tariff rate for the genera- tion and export to the grid of elec- tricity produced from renewable sources such as solar farms and wind turbines. Abandoned land- fills, roofs, disused stone quarries and car park roof coverings can all be considered for this purpose. The private sector will make the initial capital investment in these renewable energy installations, but the feed-in tariffs rates would allow them to make a profit. The total capacity available for the award of this support is nine- teen Megawatts (19MW). If this capacity is all taken up, the clean energy produced will supply close to seven thousand households with electricity annually, whilst reducing carbon dioxide emis- sions. Prospective bidders can sub- mit their offers between Monday 22nd May, at noon, and Tuesday 30th May, 2023, at noon. The details and conditions of this invitation to bid (ITB) scheme are available on the REWS web- site at: https://www.rews.org. mt/?ts=1683795058866#/en/ a/512-call-for-bids. For more information, pro- spective bidders can contact RE- WS on enquiry@rews.org.mt or 22955000.