back Back

Paysend opens new Singapore regional head quarters

By Leandra Monteiro

May 14, 2021

  • Paysend
  • Singapore
Share

Paysend, Singapore, head quarters, UK, FinTech UK-based FinTech Paysend will be expanding its Financial Services to APAC by setting up a new HQ in Singapore. With a huge growing population of nearly 4 billion people, Asia Pacific is one of the most attractive regions for digital money opportunities.

“Building from our existing partnership deals with Mastercard, Visa, China UnionPay, and Alipay, amongst many others, I see enormous opportunities to expand our industry-leading card-to-card direct transfer offerings further, providing additional benefits for the millions of un-banked individuals across Asia Pacific,” said Abdul Abdulkerimov, Paysend Founder and President, according to media reports.

To drive the expansion Paysend across the region, the company has appointed Steve Vickers as the new Managing Director for Paysend APAC. Based out of Singapore, Steve will be tasked with the responsibility of defining and implementing the regional business strategy, building a well skilled FinTech team, and securing additional regulatory approvals and creating partnership across Asia. All this with the aim of turbocharging growth for Paysend in the region.

“Paysend is establishing itself as a trusted cross-border payments partner, with millions of customers using the Global Transfers and Global Account services every month. We intend to offer our multi-currency account, virtual debit card, and global transfer capabilities to individuals and SMEs throughout Asia,” said Steve, according to media reports.

Vickers is an experienced global director, with a track record of success in several areas of the Internet Economy such as eCommerce, Media & Content, Digital Services, Payments and FinTech. He has negotiated deals and built operational teams in APAC, Europe, the Americas, and Africa. For the past decade he has been situated in Singapore and has been working towards driving the growth of several major international technology organisations across the region, including Xiaomi, Grab, and the payments FinTech Thunes.

 

Previous Article

May 14, 2021

Modern Treasury announces formal partnership with Silicon Valley Bank

Read More
Next Article

May 14, 2021

Central Bank of Bahrain announces digital currency pilot with JP Morgan

Read More






IBSi Daily News Analysis

May 28, 2024

Paysend

Latin America becomes a hotbed for FinTech unicorns and tech innovation

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

May 27, 2024

Stripe launches new payments and financing tools in the UK

Read More

May 27, 2024

WeMoney secures $3m and teams with Mastercard for Open Banking

Read More

May 24, 2024

Capital on Tap partners with Plaid in the UK

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q1 2024
Global Digital Banking Vendor & Landscape Report Q1 2024
Know More
Wealth Management & Private Banking Systems Report Q1 2024
Wealth Management & Private Banking Systems Report Q1 2024
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023