SaaS Company Mambu Expands to Singapore

SaaS Company Mambu Expands to Singapore

by December 10, 2016
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Mambu, the SaaS banking platform provider, announced the company has opened its first office in the APAC region. The new office in Singapore will headed up by Chiou Hao who recently joined the company as their new regional head. The office reflects Mambu’s expansion and commitment to existing clients in the region whilst supporting ongoing plans for growth.

Mambu’s APAC clients are spread across China and South East Asia as well as Australia and New Zealand, accounting for nearly a third of the company’s total business to date. With Singapore becoming a key fintech hub this new office was a natural progression for the company and will allow Mambu to improve its service coverage and support for its rapidly growing customer base in the region which include lending, telco and other and financial institutions.

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“We chose Singapore as the location for our APAC office as the region is seeing tremendous growth in fintech, banking innovation and MSME financing,” said Eugene Danilkis, CEO of Mambu. “Chiou’s appointment strengthens our presence in the area as he understands the challenges clients in the region face and the opportunities afforded by the next wave of digital banking.”

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“I am very pleased to be joining Mambu at such an exciting time when the company is experiencing rapid growth globally,” said Chiou Hao, head of APAC, Mambu. “I am looking forward to working closely with our existing and prospective customers and partners in the region to ensure they are benefiting from the latest in SaaS banking technology.”

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Chiou Hao has over 17 years of sales and marketing experience having worked with companies including Salesforce.com, Opentext, QlikTech and SumTotal Systems. He has also founded two venture capital backed Internet companies which were eventually acquired. Chiou Hao graduated with a BBA from National University of Singapore and completed his MBA at the Marshall School of Business at the University of Southern California, Los Angeles.

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  1. #1 FinTech Daily Updates - 12th December, 2016 | Tracxn Blog 12 December, 2016, 17:00

    […] Mambu, a Stuttgart-based SaaS banking platform provider, announced that the company has opened its first office in the APAC region in Singapore. Read More […]

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