HPS, a provider of electronic payment solutions for financial institutions, has expanded its presence in Asia by setting up a new office in Singapore.

The firm intends to use the new office to accommodate rapid growth and leverage the diverse Asia Pacific market.

“Over the last few years, HPS has continued to grow rapidly within Asia, and now has several clients within the region. After considering several business centres across Asia, Singapore was identified as a key office location to help support this growth and forge new business relationships in the region,” the company said in its press statement.

“The decision to expand HPS presence into Singapore is a logical step in its business growth strategy as the area represents rich and diverse growth opportunities and HPS will increase its ability to service current and future markets,” the statement added.

The company already has offices in Casablanca, Paris, Aix-en- Provence, and Dubai.

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