Brankas Enlists Senior Industry Talent Arvin Razon and Simo Figuigui to Advance Open Finance Adoption in Southeast Asia


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Quick facts for the media:

  • Arvin razon will serve as Director of Legal, Compliance and Regulatory Affairs at Brankas. Prior to his appointment, he was Legal Counsel and Data Protection Officer of ING Philippines.
  • Simo Figuigui joins Brankas as Head of Business Development and Growth after a successful stint in several financial services in the region, namely Zai, Rapyd and Rocket Internet’s global savings group.
  • Brankas is the leading Open Finance technology company in South East Asia, with market coverage in The Philippines, Indonesia, Thailand, Singapore, Vietnam, and Bangladesh.
  • Arvin and Simo’s appointments come as Brankas begins to go all-out to expand his presence in the region, bringing financial inclusion to South East Asia unbanked population.

SINGAPORE, November 16, 2021 / PRNewswire / – Brankas, tleader in Open Finance technology company in South East Asia, announced that it recently strengthened its team with industry and data privacy experts as the company begins to go deep in promoting financial inclusion in the region. Founded in 2016, Brankas currently operates in six countries and has partnered with more than 30 financial institutions to provide underserved populations in the region with access to modern financial services.

Welcome to Arvin and Simo in Brankas

As the new Director of Legal, Compliance and Regulatory Affairs, an expert in data privacy law Arvin razon. Meanwhile, APAC Business Development Specialist Simo Figuigui will assume the role of responsible for the company’s business development and growth.

As a former Legal Advisor and Data Protection Officer for ING Philippines – the first fully digital bank in The Philippines – Arvin masters digital banking law and regulatory compliance. He has a strong background in data privacy, following his role as DPD for ING Philippines, where he was extensively involved in the development and implementation of data privacy policies and procedures. In his role, he was also instrumental in leading the Bank’s privacy impact assessments, risk mitigation checks and data privacy training among stakeholders.

At Brankas, Arvin’s expertise will strengthen the company’s data protection policies and controls, ensuring the secure handling of customer data across the region. Arvin’s extensive experience will also play an important role in directing Brankas’ engagements with various public sector stakeholders while ensuring compliance with global Open Finance and IT security standards. Brankas is currently ISO 27001 certified and on track to achieve PCI-DSS certification by the end of 2021.

“Brankas has a strong track record of commitment to legal compliance and risk management,” said Arvin, “I am delighted to be working with everyone to realize Brankas’ vision to be a pioneer in Open Finance. In the region. “

Meanwhile, in his new role, Simo will use his years of experience as an APAC Business Development Specialist to lead Brankas’ next phase of growth in transforming financial services into South East Asia.

Simo previously led sales in Asia for Zai, where he built the go-to-market strategy from scratch. Before that he was one of the first to join the unicorn fintech Rapyd’s APAC team, working on some of Rapyd’s most strategic expansion projects. Simo also had a successful stint at Rocket Internet’s Global Savings Group – Europe largest shopping rewards company – one of the founding members of the GSG Asia team.

“I am delighted with the opportunity to join Brankas as Head of Business Development and Growth,” said Simo. “I look forward to expanding our coverage, solving multiple industry challenges and accelerating financial inclusion in the region. “

South East Asia continues to grapple with the financial exclusion of millions of people, with more than 70 percent of the population remain unbanked or underbanked. However, the region continues to see a rapid transformation of its financial services landscapes, with Open Finance fintech firms like Brankas democratizing access to financial services through cutting-edge technologies.

Brankas is always looking for passionate and forward thinking people to join its growing team. Consult the available positions here.

About Brankas

Brankas is the leading Open Finance technology company in South East Asia. We provide API-based, data, and payment solutions for financial service providers (such as banks, lenders, and e-wallets) and online businesses. Brankas partners with banks to build and manage their Open Finance infrastructure, producing APIs for real-time payments, identity and data, opening new accounts, sending remittances, and more. With Brankas’ secure Open Banking technology, online businesses, fintech companies and digital banks can use Brankas APIs to create new digital experiences for their users.

SOURCE Brankas


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