Tribe Payments, the digital payments and infrastructure orchestrator, has officially expanded into Singapore, after opening the doors to a new office in the region.
Tribe already serves several clients in the Asia Pacific (APAC) region, and this physical expansion follows a period of significant growth across Europe and Asia. It says its new office in Singapore will serve as a hub to support banks, fintechs, and financial institutions across the region who want to tap into the company’s payment platform.
The opening of the Singapore office represents a major milestone in Tribe’s global expansion strategy. Following a 73 per cent revenue growth from 2022 to 2023 and an increasing client base, Tribe’s payment solutions are set to make a strong impact on APAC’s fast-evolving digital landscape.
“The APAC market is thriving with innovation, and our enhanced presence here will allow us to better support the region’s banks, fintechs, and financial institutions as they navigate an increasingly digital and dynamic landscape,” said Andrew Hocking, CEO of Tribe Payments.
“Our Singapore office will serve as a hub of expertise, enabling us to form deeper partnerships and provide tailored services that meet the unique needs of the market. With our robust and scalable platform, we’re confident that Tribe will play a key role in shaping the future of payments across APAC.”
Tribe’s proprietary platform supports a wide array of financial services, including core banking, digital wallets, and fraud risk monitoring, ensuring that clients can meet the demands of today’s digital-first consumers.
Leading with experience
As it continues its strategic expansion into the APAC region, Tribe Payments has also appointed payments industry veteran Matt Weir as general manager for the region. Weir boasts extensive global payments experience, having lived and worked across Europe, the Middle East, and Asia for over two decades.
His career spans both the issuing and acquiring sides of the industry, with a successful track record of driving growth and developing payment strategies in corporate environments, such as at JCB, Visa, and Euronet, and at fintech companies, including EedenBull and Praemium.
Commenting on his new role, Weir explained: “The team has built and developed a truly unique cloud-based, API-driven proprietary payments platform, offering world-class digital solutions for issuers, acquirers, and merchant clients.
“No other digital payments player offers this breadth of solution design and implementation. It is therefore the perfect time to expand into Asia-Pacific – the fastest growing and most digitally savvy region in the world.”
Alex Reddish, head of market expansion and GTM strategy at Tribe Payments, also commented on the expansion into Singapore: “Expanding physically into APAC marks an exciting new chapter for Tribe. With Matt’s leadership and deep regional knowledge, we’re confident that our clients – both existing and future – will be able to seamlessly tap into this fast-growing market. Our cloud-based platform offers unparalleled scalability and flexibility, and we look forward to building long-lasting partnerships across the region.”.
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