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Singapore based Remittance Firm TranSwap to Move into UK Markets with Plans to Establish R&D Centre in Edinburgh

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Singapore based Remittance Firm TranSwap to Move into UK Markets with Plans to Establish R&D Centre in Edinburgh
Singapore-based remittance firm
TranSwap has reportedly decided to make a move into the United Kingdom with plans to establish an Edinburgh research and development (R&D) center that will employ over 50 professionals.
Currently operating in Hong Kong, Indonesia and Malaysia, TranSwap’s management noted that the UK will now serve as the base from which it will be further expanding operations outside of the Asia-Pacific (APAC) region.
Benjamin Wong, CEO at TranSwap, stated:
“Besides serving as a strategic gateway into Europe, the UK is also a highly sought-after investment destination for businesses. It has a vibrant, entrepreneurial Fintech sector and businesses play a vital role in the country’s economic growth and sustainability.” ....

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TranSwap Recognised as Outstanding SME Cross-Border FX Platform at Fintech Awards 2020

Source: Media Outreach
SINGAPORE – Media OutReach – 26 January 2021 – TranSwap, a home-grown cross-border payments platform, has been awarded Outstanding SME Cross-Border FX Platform at FinTech Awards 2020, organised by ET Net Hong Kong.
Held on 11 January 2021, FinTech Awards recognises firms for their business innovation and excellence in the financial services industry. TranSwap is one of three awardees in the FX and Payment Solutions category the second time that TranSwap had won an award for Outstanding SME Cross-Border FX Platform following its achievement in 2020.
This marks a momentous milestone for TranSwap, as the firm whose efforts to drive convenience, efficiency and transparency throughout the cross-border payments experience, have been recognised at numerous FinTech awards over the years. TranSwap’s recognition comes amidst an evolving landscape where a streamlined payments process is set to be a game-changer to help SMEs scale internationally ....

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