Singapore’s multi-currency travel wallet YouTrip announced that it will be establishing an innovation lab in the country to fast-track its technology capabilities and product development.
YouTrip’s expanded workforce in the innovation lab will be crucial in driving the development of a new suite of multi-currency products and features which includes YouTrip Business, a new multi-currency corporate credit card.
Additionally, the company will also be undergoing a brand refresh. Both of this are in its development stage and scheduled to be launched in early 2022.
In this next phase of its business growth, YouTrip will be doubling its local workforce with over 50 new hires in Singapore across engineering and product development by 2022.
The new positions will add on to YouTrip’s current headcount of close to 100 across all its locations.
Aligned with Singapore’s efforts to nurture future cohorts of fintech talents, YouTrip is also launching a Software Engineering Graduate Programme.
This two-year training initiative will provide entry-level engineers with the core knowledge, mentorship and job rotations to master domain and technical expertise valuable for today’s fintech landscape.
Caecilia Chu, Co-founder and CEO of YouTrip said,
“Singapore is a special place to us, being the first market where we introduced YouTrip to the world. More importantly, it is also home to a thriving fintech ecosystem and a critical gateway to Southeast Asia’s extremely exciting digital economy.
Located at the heart of it enables us to better serve our local customers, and to expand and scale our operations to the rest of the region. We look forward to driving the next generation of cross-border payment innovations, and to help build a stronger pipeline of talents that will fortify Singapore’s position as a global fintech hub.”
Featured image: YouTrip Team