The firm said it expects to triple its Singapore headcount by the end of 2020 and open new offices in the region over the next few years.
Cross-border payments specialist PPRO is bolstering its Asia Pacific leadership team with the appointment of Kelvin Phua as global head of payment networks, the U.K.-based firm announced on Wednesday.
Phua, who was previously the country manager for PayPal in Malaysia, will help PPRO accelerate the acquisition and management of local payment methods, and streamline the payments landscape in the region in his new role based in Singapore, the announcement said.
Strategic Importance of APAC
PPRO vice president Tristan Chiappini called the appointment «a crucial step forward» in the firm's Asia expansion plans, as it hopes to put more of the region's diverse local payment methods onto its unified platform, which already provides access to regional payment giants like AliPay, WeChat Pay, DragonPay and eNETS.
The firm recently entered into a partnership with Grab, which will allow online merchants to integrate GrabPay into e-commerce payment platforms. PPRO will also be supporting GrabPay’s tokenised payment option and extension of its market coverage.
Founded in 2006, PPRO is backed by the likes of PayPal, Citi Venture and HPE Growth Capital. The company currently has partnerships with 130 payment service providers globally, and about 100,000 merchants on its platform.
