Global payments software provider OpenWay has expanded its presence in Asia with the opening of a new hub in Ho Chi Minh City, Vietnam. This latest addition marks OpenWay’s second hub in Vietnam besides the one in Hanoi.

OpenWay has an extensive presence globally. It has Asian corporate hubs in Singapore, Thailand, the Philippines, Indonesia, and Malaysia. It’s extensive hub network also spans the Americas, MENA, and Europe, where its headquarters and four other hubs are located.

The company provides digital payment software and cloud payment systems solutions which is being used by large financial institutions like Nexi, LOTTE, Network International, Comdata and Banesco.

Rudy Gunawan, Managing Director of OpenWay Asia said,

“According to a McKinsey report, emerging markets in Asia will become one of three regions that will account for about 80% of the estimated $1.3 trillion in global banking revenue growth by 2025. So, we opened a new hub to address one of these markets.

Already after 17 years of experience in Asia, OpenWay has built long-term relationships with the largest banks and top fintechs in the region such as LOTTE Finance, TIMO Digital Bank, SmartPay, JACCS, Bank Rakyat Indonesia, Bank Muamalat, Maya Philippines, Mirae Asset, and AIS.”

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• Source: https://fintechnews.sg/74802/vietnam/openway-sets-up-its-second-hub-in-vietnam/