Ottu, a global fintech leader, has announced the opening of its new regional headquarters in Singapore, marking its entry into the Asia-Pacific (APAC) market. This strategic move is part of Ottu’s global growth plan to introduce its digital payments platform to the dynamic financial ecosystems of Singapore, Malaysia, Thailand, and Cambodia. The company, known for its direct bank integration model, aims to provide enhanced transparency and scalability to banks and merchants in the region.
Following its success in the Middle East, where it supports over 1,000 merchants, Ottu plans to further expand its operations to Indonesia, the Philippines, and Australia. This expansion underscores Ottu’s commitment to facilitating seamless digital commerce across key APAC markets. The company has appointed S.N. Prasad as Chief Operating Officer for Ottu APAC, leveraging his extensive experience in global payment schemes and financial institutions to drive local partnerships and solutions.
The launch of the Singapore headquarters was highlighted by a visit from Munaf Bukhari, Deputy CEO of Ottu, emphasising the company’s focus on building strong regional relationships. Talal AlAwadhi, CEO of Ottu, stated, “Ottu’s expansion into APAC represents a bold step forward in our global mission to redefine digital payments. Our presence in Asia-Pacific reinforces our vision to foster innovation, strengthen digital commerce ecosystems, and deliver long-term value across the fintech landscape.”
Ottu’s platform offers businesses the ability to manage multiple payment gateways across regions, focusing on innovation, security, and operational efficiency to support business expansion.
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