wise, APAC, growth

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Since its launch in 2016, the headcount in the Singapore office — Wise’s APAC hub — has grown and will now account for 10% of its global workforce.

Global tech company Wise has announced its plans for growth in Asia, with the company on track to a headcount of more than 400 employees in Singapore by the end of 2022. This will double its headcount from the start of the year.

Announcing this today (Wednesday, 19 October 2022), Wise said the headcount in its Singapore office – also its APAC hub – has grown since its launch in 2016, and will now account for 10% of the company's global workforce. Over the last 18 months, Wise has also grown from 2,400 to over 4,000 people globally, it was added.

Following its entrance into Singapore, Wise also expanded into other markets in the region including Hong Kong, Indonesia, India, Japan, Malaysia, and New Zealand. The company also brought its Wise account and debit card to Australia, New Zealand, and Singapore in 2019, as well as to Japan and Malaysia in 2021.

In more recent times, Wise has, in, 2022 rolled out a series of new services and partnerships, including Wise Platform, the new International Receive service, its Linked Bank Account feature, and more.

Harsh Sinha, Chief Technology Officer, Wise shared: "It’s been a significant year for Wise in this region and globally, but there’s still a huge amount of work to do to achieve our mission of money without borders. Wise’s strong business fundamentals and product proposition coupled with continued demand for better cross-border payments give us a strong opportunity to continue doubling down on our growth."

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Lead image / Wise

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