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Hugosave Continues Aggressive Growth With Cloud Processing Pioneers CLOWD9
Singapore-based Wealthcare® and savings app Hugosave is pleased to announce its partnership with CLOWD9 as their issuer processing partner. This strategic collaboration aims to enhance Hugosave’s financial offerings and foster innovation in the fintech landscape.
Hugosave is dedicated to enhancing lives by helping consumers to spend smarter, save more, and invest diligently.
The company provides a digital companion app that allows clients to open an account and start setting goals and automating saving with schedules. It also allows them to start putting their savings into investments such as precious metals and ETF Portfolios with as little as S$0.01.
The collaboration between Hugosave and CLOWD9 is poised to unlock new opportunities for fintech innovation, providing clients with cutting-edge financial solutions.
David Fergusson, CEO at Hugosave, commented, “Our mission at Hugosave is to help everyone develop healthy financial habits where they spend smarter, save more and grow their wealth faster. We wanted to work with an issuer processor who would enable us to build financially healthy & thriving communities globally. We are thrilled to be working with CLOWD9 as our issuer processor. For us, it was important to choose a provider that was fully cloud-native including the cloud connectivity to VISA, so they can support us with our global expansion plans without the limitations that physical data centers can bring.”
Suresh Vaghjiani, CEO at CLOWD9, shared his excitement, stating, “We are delighted that Hugosave has chosen to process with CLOWD9! We have, over the past months, developed a strong relationship as we support their ambitious expansion plans, and we are all excited about the opportunities this partnership presents for collaboration, growth, and innovation in Asia Pacific and beyond “
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What Are Some Emerging Trends in APAC? | FF News at Money20/20 Asia 2025
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EXCLUSIVE: “Private Banking for All” – Hylton Kallner, Discovery Bank in ‘The Fintech Magazine’
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
Temenos Strengthens Product Leadership With Key Appointments
Temenos (SIX: TEMN), a global leader in banking technology, today announced it has strengthened its product leadership team with two strategic appointments. Rohit Chauhan joins as Chief Technology Officer (CTO), and Eugene Khmelevsky joins as Global Head of Architecture and Data. The two executives, based out of the U.S., report to Barb Morgan, Temenos’ Chief Product and Technology Officer, highlighting the company’s strategic investment in talent to accelerate growth and innovation.
ACI Worldwide Recognized as Leading Provider of Fraud Orchestration Solutions by Datos Insights
ACI Worldwide (NASDAQ: ACIW), an original innovator in global payments technology, has been recognized among leading solutions providers in Datos Insights’ latest report on the fraud orchestration solutions market, Beyond Point Solutions: Orchestrating the Future of Fraud Prevention.
Four in Ten British Businesses Would Adopt Open Banking for Increased Security Benefits, but Are Held Back by Lack of Understanding
42% of British businesses are keen to integrate open banking into their operations citing the potential benefits of increased security and fraud prevention. This comes as a study by Payit, NatWest’s open banking payment solution, found that one in five (22%) businesses spend more than 6 hours per month managing and storing sensitive customer information, such as card details. And with open banking solutions, they could use this time to build and grow their business.
AAA Life Insurance Company Selects One Inc’s PremiumPay® to Support Digital Payment Processing
One Inc, the leading digital payments network for the insurance industry, today announced that AAA Life Insurance Company (AAA Life) has selected its PremiumPay® solution to support the company’s digital payment processing capabilities. AAA Life will use PremiumPay as its primary platform for digital payment processing, offering policyholders a wider range of flexible, secure payment options while streamlining internal processing.
More People Have Bank Accounts but One in Ten Have No Cash Savings, FCA Survey Reveals
The Financial Conduct Authority (FCA) has found that one in ten people have no cash savings at all, and another 21% have less than £1,000 to draw on in an emergency. The regulator’s research also shows that one in four people in the UK have low financial resilience, meaning that they have missed payments, are struggling to keep up with commitments, or don’t have savings to help them through difficulties.