Fintech payments and currency expert, World First, has exceeded its expected growth rate, expanded market share and nearly doubled the number of employees in its Singapore unit. How did they do it?
World First’s Singapore operation was the second Asian office to launch in 2015 after Hong Kong and was the first operation of its kind in Singapore.
A specialist alternative to traditional banks’ generalist approach, World First has successfully exchanged more than £40bn for over 100,000 individuals and businesses since 2004. The firm combines specialist knowledge of foreign exchange markets with technological innovation for individuals and businesses to manage cross-border currency payments.
Changing The Way People Move Money
In Singapore the company said in a statement, that it has exceeded the expected growth rate of 60 percent, expanded market share and nearly doubled the number of employees. Their competitive exchange rates allowed them to capitalise on the pent-up demand for safe and secure international payments.
«We support Government initiatives to nurture a dynamic Fintech sector in Singapore as we know firsthand the difference that this kind of innovation and competition can make to individuals and businesses. Our mission is to change the way that businesses and people move money internationally,» said Rebecca Snape, (pictured below) Head of Dealing, World First Singapore.
Online mortgage consultant FindAHomeLoan is the first mortgage partner in Singapore to leverage World First’s global network and currency expertise to market and advise on mortgage solutions from Australia.