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The Silicon Review Asia

Pismo Announces New Singapore Office, Partnership with OneConnect

Pismo Announces New Singapore Office, Partnership with OneConnect

Pismo's partnership with OneConnect will enable it to expand in Southeast Asia and the Middle East

Pismo has announced that it is opening a new office in Singapore and pursuing a partnership with OneConnect Financial Technology Co. This partnership will help the company expand its presence in the Southeast Asia and the Middle East.

Pismo's partnership with OneConnect will allow the companies to tap into the rapidly growing core banking software market in the region. "Southeast Asia region and the Middle East are key markets for Pismo, as one of the highest growing economies in the world," says Vishal Dalal, CEO (North America, Europe and Asia) at Pismo. "Our vision is to help banks and fintechs in their journey into BaaS and cloud for core processing. Our presence in Singapore and our partnership with a highly-accomplished institution like OneConnect underlines our deep commitment to this region."

The partnership will see OneConnect's suite of solutions complemented with Pismo's scalable, nimble, and multi-tenant SaaS platform in order to better serve a broader range of financial institutions.

The opening of the Singapore office follows the company's other office launches in the US and Europe in 2021. This is part of Pismo's globalization strategy.

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