SINGAPORE
15 July 2019
Singapore HQ Expands Team to Execute on Enterprise Projects
4xLabs has hired a number of key employees across its product and tech teams in Singapore to manage an ever increasing number of enterprise projects that have been won across Asia Pacific.
Joseph Loh, 4xLabs’ latest hire joined in May this year as Head of Product, and will be building out the remittance capabilities of the Biz4x platform in the coming months. Joseph was previously from Matchmove and was the lead architect of the remittance system and app used by fintechs such as InstaReM to power their remittance capabilities.
“I'm excited to join the 4xLabs team. The fintech industry regionally and globally is consistently innovating and poised for continued high growth especially in areas of digital banking, FX and remittance. 4xLabs' focus as a platform and solution provider will help spur financial businesses and banks towards digital transformation, automation and growth,” said Joseph.
As the Biz4x platform is continually being upgraded, the company has recruited Teh Kok How as the VP of Engineering, to ensure that the system can continue to scale and provide innovative new features for the money services industry. Kok How is a highly experienced software engineer with prior experience in Taiger, Economic Development Board of Singapore and Infineon Technologies.
“4xLabs provides an opportunity to revolutionize the money services industry with cutting-edge technology, making it more efficient and effective for our customers to scale. Through state-of-the-art software design, architecture and testing, automation of processes with continuous integration, and a deployment system by leveraging the cloud, the workflow of the team that develops and maintains applications and systems can be simplified,” said Kok How.
The company’s industry digitalization initiatives have seen a lot of interest among currency exchanges, remittance providers, fintechs and banks, with many new customers lined up for the launch of the currency exchange kiosks and multi-currency card. In May this year, 4xLabs launched a rates comparison site for money transfer providers, known as Send4x.
To prepare for the launch of Send4x, Bavithra Rajendran was hired as the Product Manager of 4xLabs’ B2C platforms. She will oversee the continued expansion of new capabilities, onboarding of new providers and growth of both Send4x and Get4x communities.
“4xLabs’ holistic position in the fintech sector is what drew me to the company. The solutions that the company provides, when put together, creates an ecosystem of its own which makes it a very exciting space to be in. As the product manager of our B2C platforms, I am looking forward to the integration of new features in Get4x and Send4x to provide greater price transparency and value to end-users,” said Bavithra.
“The growing number of enterprise deals that has been sealed in recent months speak to the high market demand in the currency exchange and remittance industry for more innovation in this space. It also indicates the strong trust that the money services industry has in 4xLabs. We are confident that the company can help to revitalise the money services industry with the launch of new products and delivery on enterprise projects in the months to come. We are pleased to welcome Joseph, Kok How and Bavithra to our teams and look forward to celebrating their achievements in the months ahead,” said Chris Vanden Berghe, CEO of 4xLabs.
4xLabs will continue to expand their teams across various regions and departments in the months ahead.
About 4xLabs
4xLabs is a Singapore fintech that develops technology solutions for financial and professional services. In 2012, the company launched an online app for comparing money changing rates known as Get4x, which has a growing community of 260,000 users, and is available in 22 cities. In 2016, it launched an online integrated platform for money services business to manage all aspects of their business, known as Biz4x. Biz4x is used in more than 35 countries today. The latest innovation from 4xLabs is Send4x, a platform that compares and breaks down the cost of remittance.
Press Contact
Angela Cheong
Chief Marketing Officer
4xLabs