OxPay Financial Limited has announced the appointment of Joey Chang Wei Nang as a Non-Executive Independent Director, effective 12 May 2026. Chang, the founder and former CEO of AXS, brings 25 years of experience in developing AXS into a leading digital payment platform in Singapore.
Chang’s expertise is expected to bolster OxPay’s efforts as it advances its phased recovery plan, which includes launching a B2C payment service in Singapore by the fourth quarter of 2026. His experience in building consumer-facing payment platforms aligns with OxPay’s strategic goals, particularly as the company seeks to expand its services across various markets.
OxPay’s recovery plan is focused on three key areas: introducing a crypto payment service in Bhutan, reactivating merchant acquisition in Thailand, and launching the B2C payment service in Singapore. The company is enhancing its board-level expertise to support these initiatives. Ching Chiat Kwong, Non-Executive Non-Independent Chairman of OxPay, highlighted the value of Chang’s industry insights, stating, “Mr. Chang’s experience building a digital payment platform gives the Board a perspective we are specifically looking to add at this stage.”
Chin Mun Chung, Executive Director and CEO of OxPay, added, “Having seen first-hand what Mr. Chang built at AXS, a payment platform trusted by millions of Singaporeans, I know the depth of experience he brings.”
OxPay provides merchant payment services and digital commerce solutions, operating in Singapore, Malaysia, Thailand, Bhutan, and Indonesia. The company aims to offer comprehensive solutions for merchants through its integrated platform, catering to both online and offline presences.
