Wise, the global technology company building the best way to move and manage money around the world, today announced that it is further deepening its presence in Singapore with plans to hire 150 roles over the year in the country.
The Singapore office - which relocated to a larger space last year as well - is the company’s APAC hub and will be hiring across a number of functions including roles in engineering, product development, design, analytics, compliance, payments and other operations to drive product development and expansion in APAC and around the world.
This news comes at the end of a milestone year for the company. In February last year, the company rebranded to Wise to reflect its decade of growth and evolution from a money transfer service into a global cross-border payments network that today serves more than 12 million people and businesses through its suite of products including Wise Transfer, the Wise Account and debit card, Wise Business and Wise Platform. This was followed by a direct listing on the London Stock Exchange in July.
The company marked significant progress in its mission in the region as well. In Singapore, Wise became one of the first non-bank financial institutions to integrate directly in the FAST (Singapore’s real time payments system) and the first fintech in Australia to gain approval to join the NPP (New Payments Platform) as a Direct Participant.
It also expanded its offering more broadly in the region, most recently launching its low-cost and fast transfers from India, and the Wise Account and debit card in Malaysia. In total, today Wise customers can send money from 8 markets in APAC: Singapore, Malaysia, Indonesia, India, Hong Kong, Japan, Australia and New Zealand.