{"id":11894,"date":"2021-02-03T09:00:00","date_gmt":"2021-02-03T09:00:00","guid":{"rendered":"https:\/\/eodishasamachar.com\/en\/2021\/02\/03\/singapore-based-fintech-firm-transwap-expands-into-the-uk-with-plans-to-open-new-rd-centre\/"},"modified":"2021-02-03T09:00:00","modified_gmt":"2021-02-03T09:00:00","slug":"singapore-based-fintech-firm-transwap-expands-into-the-uk-with-plans-to-open-new-rd-centre","status":"publish","type":"post","link":"https:\/\/eodishasamachar.com\/en\/2021\/02\/03\/singapore-based-fintech-firm-transwap-expands-into-the-uk-with-plans-to-open-new-rd-centre\/","title":{"rendered":"Singapore-Based FinTech Firm TranSwap Expands into The UK With Plans to Open New R&#038;D Centre"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"\">\n                            <!--<a class=\"format-txt\" href=\"{baseURL}\/View\/{release.id}?_download=1\">View this article in .txt format<\/a>--><\/p>\n<p>SINGAPORE &#8211;\u00a0<a href=\"https:\/\/www.media-outreach.com\/\">Media OutReach<\/a>\u00a0&#8211; 3 February 2021 &#8211;\u00a0<b><a href=\"https:\/\/transwap.com\/\">TranSwap<\/a><\/b>, a home-grown cross-border payment platform, has&#13;<br \/>\nofficially launched in the United Kingdom. This expansion further strengthens&#13;<br \/>\nTranSwap&#8217;s position as one of the leading fintech firms in Asia Pacific and&#13;<br \/>\nbeyond, as part of its efforts to empower global business growth with a secure,&#13;<br \/>\ncost-effective and convenient cross-border payment solution. <\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>\u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>Since TranSwap launched in 2017, they have&#13;<br \/>\nestablished a strong presence in Asia Pacific with offices in Singapore, Hong&#13;<br \/>\nKong, Indonesia and Malaysia. The UK is a pivotal market to accelerate&#13;<br \/>\nTranSwap&#8217;s next phase of expansion. <\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>\u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p><b>Benjamin Wong, co-founder and CEO of TranSwap, said<\/b>, &#8220;UK has been on the cards for years as it is one&#13;<br \/>\nof the world&#8217;s leading financial centres and a source of global economic&#13;<br \/>\ndevelopment. Not only is it a gateway into Europe, but it is also a&#13;<br \/>\nsought-after investment destination for businesses who are instrumental in the&#13;<br \/>\ncountry&#8217;s economic growth. Now with fintech as a game-changer in streamlining&#13;<br \/>\ncross-border payments, businesses can gain access to international markets&#13;<br \/>\nthrough improved payment options and TranSwap seeks to simplify the traditional&#13;<br \/>\ncross-border payment process for them. It is more crucial than ever to support&#13;<br \/>\nglobal trade and help combat the economic consequences of the Covid-19 pandemic.&#8221;&#13;\n<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>\u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p><b>Grant McKenzie, who will spearhead the firm&#8217;s&#13;<br \/>\noperations in the UK as Director &amp; UK Country Head, said<\/b>, &#8220;TranSwap is well-poised for continued growth and&#13;<br \/>\nI am excited to lead their UK operations. \u00a0Much like with other countries, businesses in&#13;<br \/>\nthe UK are the backbone of the economy and there is a pressing need to make&#13;<br \/>\noverseas payments more efficient and cost-effective for them to internationalise.&#13;<br \/>\nCovid-19 has created unprecedented challenges for economies and the knock-on&#13;<br \/>\neffects of the pandemic have urged businesses to evaluate alternatives to&#13;<br \/>\nunlock cash flow and ensure business continuity. By providing them with a&#13;<br \/>\ncost-effective cross-border payment solution, we hope to help them through&#13;<br \/>\nimproved access to financial services.&#8221;<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>\u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>Based in Edinburgh, TranSwap aims to open a global&#13;<br \/>\nR&amp;D centre at the University of Edinburgh&#8217;s Bayes Centre to create a talent&#13;<br \/>\npipeline for local graduates and post-graduates to enter the FinTech market. TranSwap&#13;<br \/>\nwill create 54 jobs over the next three years, including Machine Learning&#13;<br \/>\nEngineers and Full-Stack Developers roles to support their market expansion and&#13;<br \/>\nR&amp;D plans.<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>\u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>For more information, please visit: <\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p><a href=\"https:\/\/www.dropbox.com\/sh\/eolj4akpmeyz0il\/AACsb8CWOKZOwRqw58_A-FuYa?dl=0\"><img style=\"margin-right: 7px;vertical-align: middle;display: inline-block !important;width: 24px;\" src=\"https:\/\/www.media-outreach.com\/Release\/templates\/images\/socialMedia\/iconfinder_19_social_2609551.png\"\/>https:\/\/www.dropbox.com\/sh\/eolj4akpmeyz0il\/AACsb8CWOKZOwRqw58_A-FuYa?dl=0<\/a> <\/p>\n<\/p><\/div>\n\n<br \/><a href=\"https:\/\/www.media-outreach.com\/release.php\/View\/63743#Contact\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SINGAPORE &#8211;\u00a0Media OutReach\u00a0&#8211; 3 February 2021 &#8211;\u00a0TranSwap, a home-grown cross-border payment platform, has&#13; officially launched in the United Kingdom. This expansion further strengthens&#13; TranSwap&#8217;s position as one of the leading fintech firms in Asia Pacific and&#13; beyond, as part of its efforts to empower global business growth with a secure,&#13; cost-effective and convenient cross-border payment &hellip;<\/p>\n","protected":false},"author":1,"featured_media":10072,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[60],"tags":[],"_links":{"self":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/11894"}],"collection":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/comments?post=11894"}],"version-history":[{"count":0,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/11894\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media\/10072"}],"wp:attachment":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media?parent=11894"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/categories?post=11894"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/tags?post=11894"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}