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Home / News / Fintech

OxPay Financial appoints co-founder of AXS as COO for subsidiary OxPay SG

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OxPay Financial appoints co-founder of AXS as COO for subsidiary OxPay SG

The Edge Singapore Published on Tue, May 13, 2025 / 5:57 PM GMT+8

OxPay Finanial appoints co-founder of AXS as COO for subsidiary OxPay SG - THE EDGE SINGAPORE

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OxPay Financial has announced the appointment Chin Mun Chung as COO of OxPay SG Pte Ltd, and as an Executive Officer of OxPay Financial. The latter is listed on Catalist. Chin has over 28 years of experience in Singapore’s technology and payments industry. He most recently served as CEO of AXS Services, of which he was a co-founder. During his tenure at AXS, he played an important role in driving the organisation’s growth and operations. Chin’s past experience also includes roles at National Computer Systems and Standard Chartered Bank.

The appointment as Director and CEO of OxPay SG is pending the approval of the Monetary Authority of Singapore (MAS). Upon approval, Chin will continue to be responsible for the overall strategic direction, development, and operations of OxPay SG. He will also lead efforts to strengthen OxPay’s business fundamentals, enhance operational execution and set a clear path toward long-term sustainable growth.

Shawn Ching Wei Hung, Non-Executive Non-Independent Deputy Chairman of OxPay Financial, remarked, “We are pleased to welcome Mr Chin Mun Chung onboard. We believe his expertise and leadership will support the Group’s ongoing efforts to improve operational performance and reposition OxPay for future growth. As the digital payments landscape continues to evolve across regional markets, the Group remains confident in its ability to capture emerging market opportunities and navigate recent business difficulties with agility. We are proactively working to diversify our service portfolio to meet evolving customer demand and capitalise on niche markets to mitigate direct competition with larger players. These efforts aim to drive sustainable growth, delivering long-term value to our shareholders.”

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OxPay Financial appoints co-founder of AXS as COO for subsidiary OxPay SG

Fintech

OxPay Financial appoints co-founder of AXS as COO for subsidiary OxPay SG

Primary tabs

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OxPay Financial appoints co-founder of AXS as COO for subsidiary OxPay SG

Fintech

OxPay Financial appoints co-founder of AXS as COO for subsidiary OxPay SG

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