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Singapore’s first AI store becomes Mondevo Group’s in-house technology powerhouse; Cristiano Motto is appointed head of AI and technology for all pillars of the group.
ABU DHABI, UAE and SINGAPORE, November 19, 2025 /PRNewswire/ — Mondevo Group today announced the completion of its strategic acquisition of Meight, the Singapore-based artificial intelligence development company. Following the acquisition, Meight was renamed MonTech, Singapore, serving as Mondevo Group’s dedicated internal technology division with over 40 AI developers.
This acquisition strengthens Mondevo Group’s position as the only AI-native integrated wealth and innovation ecosystem serving family offices worldwide.
Leadership and integration
Led by Cristiano Motto, founder of Meight and recognized pioneer in fintech and artificial intelligence, MonTech will power Mondevo Group’s three strategic pillars: Mondevo Wealth, Mondevo Ventures and MondeVita. Motto has been appointed head of AI and technology for Mondevo Group.
Hussam Otaibi, co-founder of Mondevo Group, commented:
“We could not be happier to welcome Cristiano to the heart of the Mondevo group. Not only is he the ideal leader to shape our AI and technology agenda, but he brings with him an exceptionally capable team that has already delivered solutions at scale across multiple industries. Together, Cristiano and the MonTech team give us the depth and speed to realize our ambitions.
Fabio Brambilla, co-founder of Mondevo Group, said:
“This acquisition transforms our competitive position from strong to insurmountable. With MonTech fully integrated and Cristiano leading our technology vision, we now own the only truly native AI infrastructure in our industry. Our competitors are hiring consultants to add AI capabilities. We own the AI company that is building our future. This difference is getting worse every day.”
Building a sustainable technology gap
The creation of MonTech constitutes a major step in the Mondevo Group’s strategy to integrate AI at the heart of its operations rather than as an external add-on. The group’s proprietary algorithms, large custom language models and a unified data architecture form a technology gap that competitors cannot easily replicate.
The integration also improves profitability and accelerates product innovation, reducing time to market for new AI capabilities from quarters to weeks and eliminating more than $8 million in annual external development costs.
About MonTech
Formerly known as Meight, MonTech has delivered over 20 major AI projects across the financial services, aerospace, and enterprise technology industries across EMEA and APAC. The company’s journey includes:
- Create and scale 7+ AI-based startups, including FAIRTILE, an agentic AI decision platform
- Completed 15+ enterprise AI transformations for large financial institutions and enterprises
- Today, we have more than 40 AI professionals, including full-stack developers, data scientists, and distributed ledger specialists.
- Development of four main practices: innovation consulting, product development, product operations and business creation.
Cristiano’s Motto: A Visionary Technologist Leading Mondevo’s AI Future
Cristiano Motto brings over 20 years of experience in banking innovation, entrepreneurship and deep tech leadership. His experience includes serving as Chief Innovation Officer at Barclays, founding several fintech companies, and being recognized among the Top 30 Fintech Influencers in Italy for his contributions to AI and financial services transformation. He commented:
“Joining Mondevo Group as Head of AI and Technology represents the convergence of everything I have built throughout my career – combining expertise in institutional financial services with cutting-edge AI development and entrepreneurial execution. Mondevo’s vision to create the first truly AI-native wealth and innovation ecosystem for family offices is not only ambitious, it is the inevitable future of our sector. I am honored to lead the technology strategy that will make this vision a reality across all three pillars.
About Mondevo Group
Mondevo Group is an AI-native wealth and innovation ecosystem serving global family offices. The group operates through its three distinct pillars: Mondevo Wealth, Mondevo Ventures and MondeVita, while being supported by MonTech, its in-house technology team in Singapore.
Mondevo Group media contact:
E-mail: ir@mondevogroup.com
Website: www.mondevogroup.com
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SOURCE Mondevo Group
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Source: PR Newswire
