Travelex, a Finablr company and a market leading independent foreign exchange specialist, has announced that it has established a new Asia-Pacific headquarters in Shanghai.
As part of the move, Travelex is one of four companies to participate in the prestigious Certificating Ceremony for Multinational Corporation’s Regional Headquarters and Research & Development (R&D) Centers.
Travelex’s new Asia-Pacific headquarters is situated in the Pudong District in Shanghai, and will manage all company operations throughout Hong Kong S.A.R, Malaysia, Singapore, Thailand, Japan and other Asia-Pacific markets.
“As one of the first three non-banking financial institutions to be awarded a National SAFE license, we’re extremely proud to be celebrating our 15th year of operating in China,” said Cameron Hume, Managing Director Asia-Pacific at Travelex. “Our expansion in China has been inextricably driven by China’s own development and continued innovation. And Shanghai’s position as a global financial center has been crucial in our decision to establish our Asia-Pacific headquarters in the Pudong District.”
“The innovative and pragmatic approach adopted by Shanghai’s government bodies provided us with even more impetus to select Shanghai as our base for our expansion across Asia-Pacific markets,” concluded Cameron.
“At Travelex we’re honored to be one of the four Asia-Pacific headquarters recognized by the Shanghai Municipal Government,” said Calvin Shi, Trading Director North Asia at Travelex, stated. “Over the past 15 years, we’ve prioritised legal compliance and focused on providing the best service possible. The innovative open financial policy of the Pilot Free Trade Zone teamed with its unique geographical location has made Shanghai the only option for our Asia-Pacific headquarters. We’re optimistic about the potential of the Chinese market, along with China’s economic development and global integration.”
Travelex operates 171 stores in China, Hong Kong S.A.R, Singapore, Malaysia, Thailand and Japan. Travelex operates more than 44 currencies exchange services in China for travelers who are exploring the world.