Kiwi fintech opens international office
Chief executive Alin Ungureanu said it was an important step in the company’s growth and will give more people the opportunity to create and accumulate wealth.
“Our business has gone from strength to strength and put us in an exciting position to grow our business and share our technology with the world” he said. “With a similar technology profile and infrastructure to New Zealand, the Philippines’ financial markets and growing economy offered a prime opportunity to expand into Asia.”
Chelmer offers trading and custody software to financial services firms.
In 2017, Chelmer partnered with Kris Finsoftware – a partner to suppliers of digital, wealth and risk management solutions in Asia, and the two had been working together to give Philippine banks access to Chelmer’s technology.
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