Onpassive

Onpassive
IndustrySoftware as a service
Founded2018; 6 years ago (2018)
FoundersAshraf Mufareh
Headquarters
Dubai, United Arab Emirates
Key people
  • Ashraf Mufareh
    (CEO)
  • Mohamed Kamal
    (COO)
  • Mohammad Nazzal
    (CMO)
  • Michael Curran
    (CFO)
  • Mohamed Mourad
    (CIO)

Onpassive is a technology company based in Dubai that develops AI-powered marketing, CRM, international business and similar software.[1][2] The company maintains headquarters in Burj Khalifa, in Dubai, as well as offices in the United States, India, Singapore, Bangladesh and Egypt.[3]

In 2023, Onpassive purchased naming rights to a metro station in Dubai, through an arrangement with the Dubai Roads and Transport Authority.[4][5][6] It was named after the company for 10 years in January 2022.

The U.S. Securities and Exchange Commission filed a claim against Onpassive, Ashraf Mufareh, and his wife Asmahan Mufareh, accusing the company of being a pyramid scheme, presenting itself as a multi-level marketing organization but having no commercial products.[7][8] The Mufarehs were charged individually as co-founders and co-owners of the company, the SEC alleged that Ashraf had sole and final control of company operations, while Asmahan was charged as a relief defendant and recipient of illegitimate funds.[9]

  1. ^ "ONPASSIVE Dubai Metro Station: Al Safa, one of Dubai's busiest metro stations, named ONPASSIVE". TimesNow. 10 January 2023. Retrieved 3 June 2023.
  2. ^ Zeyad (17 January 2023). "Onpassive acquires naming right of Dubai's busiest metro station Infrastructure". The Plunge Daily. Retrieved 3 June 2023.
  3. ^ "About Onpassive". Onpassive. 10 May 2023. Archived from the original on 7 September 2023. Retrieved 7 September 2023.
  4. ^ Cite error: The named reference :1 was invoked but never defined (see the help page).
  5. ^ Salian, Neesha (12 January 2023). "Dubai's Al Safa Metro Station has a new name". Retrieved 3 June 2023.
  6. ^ Cite error: The named reference :2 was invoked but never defined (see the help page).
  7. ^ U.S. Securities and Exchange Commission (11 August 2023). "SEC Sues Alleged Perpetrators of Fraudulent Multi-Level Marketing Scheme and Unregistered Offering" (Press release). U.S. Securities and Exchange Commission. Retrieved 21 August 2023.
  8. ^ Jude Karabus (15 August 2023). "Can you raise $100M+ from AI investors with no product? SEC says yes". The Register. Retrieved 7 September 2023.
  9. ^ U.S. Securities and Exchange Commission (11 August 2023). "SECURITIES EXCHANGE COMMISSION vs. ASHRAF MUFAREH AND ONPASSIVE LLC" (PDF). www.sec.gov. Retrieved 21 August 2023.