The company will be adding over 50 new hires in Singapore across engineering and product development by 2022.
YouTrip has announced plans to grow its technology capabilities and product development to capture the rise of the multi-currency payments landscape.
The Singapore-headquartered company will be establishing an innovation lab in the country to drive the development of a new suite of multi-currency products and features, according to an announcement on Wednesday.
Among them are a new suite of products including YouTrip Business, a new multi-currency corporate credit card and a refresh of its consumer app, which will include new features such as a virtual card, an interactive exchange rates dashboard, exclusive deals, and the ability to hold more popular currencies.
Spending Shift
YouTrip intended to tap on booming travel among people in Southeast Asia when it was launched in 2019. And despite the travel standstill, the company has seen «significant growth» in online overseas spending
«With this shift in spending, our advancement in innovation to offer a wider suite of multi-currency is timely, and drives our goal of elevating the cross-border payment experience for our users in Singapore and the region,» Caecilia Chu, YouTrip co-founder and CEO, said.
