Company News
Online Sources
01 Jan 2026
views (
)
Mondevo Group Completes Strategic Acquisition of Meight, Rebrands as MonTech (Singapore)
Mondevo Group today announced the successful completion of its strategic acquisition of Meight, a Singapore-based artificial intelligence development company. Following the acquisition, Meight has been rebranded as MonTech (Singapore) and now serves as Mondevo Group’s dedicated in-house technology arm, comprising a team of over 40 AI developers.
This move solidifies Mondevo Group’s position as the world’s only AI-native, integrated wealth and innovation ecosystem exclusively serving family offices.
Leadership and Business Integration
Under the leadership of Cristiano Motto—renowned pioneer in fintech and AI and founder of Meight—MonTech will provide technological backbone for Mondevo Group’s three strategic pillars: Mondevo Wealth, Mondevo Ventures, and MondeVita. Motto has been appointed Chief AI & Technology Officer across all Mondevo Group divisions.
Hussam Otaibi, Co-Founder of Mondevo Group, commented:
“We warmly welcome Cristiano to the core leadership team at Mondevo Group. He is the ideal leader to shape our AI and technology roadmap and brings an exceptional team that has already delivered large-scale solutions across multiple domains. Cristiano and the MonTech team give us the depth and speed required to realize our ambitions together.”
Fabio Brambilla, Co-Founder of Mondevo Group, added:
“This acquisition elevates our competitive advantage from strong to unassailable. With MonTech fully integrated and Cristiano driving our technology vision, we now possess the industry’s only truly native AI infrastructure. While competitors are still hiring consultants to bolt on AI features, we own an AI company—and are building the future with our own hands. This distinction will only grow clearer over time.”
Building a Sustainable Technology Moat
The establishment of MonTech marks a pivotal step in Mondevo Group’s strategy: embedding AI deeply into its operational DNA rather than treating it as an external add-on. The Group’s proprietary algorithms, custom large language models (LLMs), and unified data architecture collectively form a technology moat that is difficult for rivals to replicate.
Moreover, the integration has significantly improved cost efficiency and accelerated product innovation—reducing the time-to-market for new AI features from several quarters to just weeks, while saving over USD 8 million annually in external development costs.
About MonTech
Formerly Meight, MonTech has successfully delivered more than 20 major AI projects across Europe, the Middle East, Africa, and Asia-Pacific, spanning financial services, aerospace, and enterprise technology. Key achievements include:
- Creating and scaling more than 7 AI startups, including FAIRTILE—an autonomous decision-making AI platform;
- Enabling over 15 enterprise-grade AI transformations for major financial institutions and corporations;
- Building a team of 40+ AI professionals, including full-stack developers, data scientists, and distributed ledger specialists;
- Establishing four core business units: Innovation Advisory, Product Development, Product Operations, and Venture Incubation.
Source: Mondevo Group
