Mondevo Group introduces ITTIKAR: The world’s first AI-native merchant bank for family offices

Mondevo Group introduces ITTIKAR: The world’s first AI-native merchant bank for family offices

By PR Newswire
Publication Date: 2025-11-20 10:00:00

Launching in the first quarter of 2026, the platform will introduce dedicated AI agents for each family office, redefining access to the $6 trillion family office market.

ABU DHABI, United Arab Emirates, November 20, 2025 /PRNewswire/ — Mondevo Group today announces ITTIKAR, the world’s first AI-native merchant bank built exclusively for family offices, headquartered in the Abu Dhabi Global Market (ADGM).

ITTIKAR logo

After 12 months of intensive development by MonTech’s team of 40+ AI engineers in Singapore, ITTIKAR will be officially launched in the first quarter of 2026, fundamentally transforming the way family offices access private markets and deploy capital.

A paradigm shift: From product-driven to segment-driven AI

ITTIKAR’s competitive differentiation lies in its fundamental architectural philosophy. Traditional AI-powered platforms in financial services employ product-centric models with AI algorithms designed to customize products to customers at scale. ITTIKAR completely reverses this paradigm by…