31 December 2019

Travelex establishes new APAC headquarters

Written By FinTech Alliance in Exchange

Leading forex business Travelex has opened up a new Asia-Pacific hub in Shanghai.

In Brief:

The HQ will look after operations in Hong Kong, Malaysia, Singapore, Thailand, Japan and other markets.
The company has been operating in China for 15 years.
Travelex’s new hub will be located in the Pudong District.

What does this mean?

Travelex has cited the Chinese economy’s growth as key to its own growth within the country and wider region. The forex business is participating in the Certificating Ceremony for Multinational Corporation’s Regional Headquarters and R&D Centres.

Up Next ...

17 December 2024

Nubank Leads $250 Million Investment in African Digital Bank Tyme, Valuing It at $1.5 Billion

The funding will support Tyme's expansion into Southeast Asia, including Vietnam and Indonesia, as it aims to become a top retail bank in South Africa within three years....

17 December 2024

FIS Reportedly Set to Acquire UK-Based Fintech Demica for Around $300 Million

The acquisition is expected to enhance FIS's portfolio, following its recent purchase of San Francisco-based Banking-as-a-Service fintech Bond.

17 December 2024

AHAM Capital, leading asset manager in Malaysia, selects Temenos Multifonds SaaS to modernize its fund accounting platform

AHAM Capital is replacing legacy, on-premises systems with Temenos Multifonds Global Accounting on SaaS to drive scalable automation and future growth in the Malaysian ma...