SINGAPORE, April 24,
2024 /PRNewswire/ -- iPeakoin, a leading
enterprise-level cash management platform at the forefront of
technology, was this week pleased to celebrate the opening of its
new office in Singapore, further
extending its international reach.
iPeakoin Chief Executive Officer Michael Wu and other senior company executives
hosted a reception on April 23rd in
the City of Singapore to welcome
guests from across the Asia
financial and business community. The move comes as part of
the fintech firm's strategy to tap into new revenue streams
worldwide and to foster a long-term partnership with local
businesses, finance institutions and government.
Since its establishment in 2019, iPeakoin has consistently
achieved profitability, marking a significant milestone in 2022.
Additionally, this year witnessed a remarkable 350% increase in
total transaction volume for iPeakoin, complemented by substantial
growth in its customer base and profit margin.
As an emerging fintech, iPeakoin has focused on building a
seamless infrastructure to bridge the traditional finance and
cryptocurrencies. With its wallets, cards and
accounts, iPeakoin has helped startups and traditional financial
institutions move forward by removing the barriers that prevent
them from realizing the benefits of
cryptocurrencies.
Singapore, renowned for its
robust regulatory framework, technological infrastructure, and
thriving fintech ecosystem, presents an ideal location for iPeakoin
to further enhance its innovative offerings. By establishing a
local presence, iPeakoin aims to leverage its expertise and
experience to address the unique needs and challenges of the Asian
market.
"We are thrilled to locate our Singapore headquarters to this prestigious
location," said Michael Wu,
the CEO of iPeakoin. "The new office space will not only
accommodate our growing team but also provide an ideal setting for
fostering creativity and driving forward our mission to
revolutionize the financial technology industry. We look forward to
cementing our presence in Asia to
support the needs and business growth of our customers and
partners."
The expansion into Singapore
builds upon iPeakoin's continued growth and success in
revolutionizing the financial services landscape worldwide. With
its proven track record of success and dedication to innovation,
iPeakoin is poised to play a pivotal role in driving forward the
future of finance in the region and beyond.
About iPeakoin
iPeakoin is a licensed FinTech platform that drives the
innovation of crypto payments. It has now expanded its
business to over 180 countries/regions, serving more than 15,000
companies.
Aiming to build a unified financial infrastructure of both fiat
and cryptocurrency, iPeakoin creates a scalable
Card-as-a-Service to bring crypto further into
mainstream financial services and helps crypto
businesses build stronger connections with end users.
iPeakoin also completed a series A funding round in 2023 for its
global expansion plans and products and solutions development. The
funding round was led by Zhenfund.
In addition to its headquarters in Singapore, iPeakoin has offices in the US,
Hong Kong, and Luxembourg, as well as partnerships with
top-tier banks & financial institutions worldwide.
For more details visit: https://www.ipeakoin.com
Contact:
support@ipeakoin.com
View original content to download
multimedia:https://www.prnewswire.com/news-releases/ipeakoin-expands-global-presence-with-new-office-in-singapore-302125678.html
SOURCE iPeakoin