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Deepti Sri · · 1 min readTransferWise to hire over 70 new employees in Singapore after rebrand
“UK-based digital payments firm TransferWise on Monday announced its rebranding to Wise and the expansion of its Singapore office to grow its regional footprint,” reported The Business Times.
Details:
- Apart from the name change, the company will also recruit more than 70 employees for roles in expansion, engineering, product, and operations as it moves into a bigger office space.
- Wise has also appointed Lim Paik Wan as country manager for the Malaysia as it expands its presence in the country.
Context:
- The fintech firm claims to process 4.5 billion pounds (US$6.3 billion) in cross-border transactions every month.
- The company aims to address the cross-border payments problem in Southeast Asia, where innovation has not happened at domestic levels.
Editing by Collin Furtado and Eileen C. Ang
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