SINGAPORE, Aug. 14, 2024 /PRNewswire/ -- FOMO Group, a Singapore-headquartered financial holding group, has marked its 10 year anniversary, and announced the establishment of an additional floor in Singapore's 140 Robinson Road, Tahir Building. The expanded headquarters span two floors in the heart of the Central Business District, and will function as an innovation centre dedicated to driving research and development (R&D). This serves to also accommodate specialised teams to support FOMO Group's expanding business operations. This expansion move follows the Group's acquisition of two other financial firms - CapBridge Pte Ltd and 1exchange Pte Ltd in August 2023, marking FOMO Group's move into capital markets and treasury products.
The expansion of FOMO Group's headquarters coincides with its 10th anniversary, marking a significant milestone since its inception in 2015. Initially focusing on providing digital payment solutions to merchants and corporates, the Group's first division FOMO Pay was selected to be one of the founding members of the SGQR task force, playing an instrumental role in the establishment of Singapore's QR payment framework. This sets the foundation of FOMO Group's subsequent growth and expansion into adjacent industry verticals.
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