Identitii Preps APAC Expansion to Grow Payments Data Blockchain

The vendor will use the A$11 million raised from its recent IPO to further develop its platform and experiment with additional use cases for its technology.

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Identitii addresses the costly issue of the lack of data that can hold up cross-border payments.

Sydney, Australia-based blockchain technology provider Identitii plans to ramp up staff numbers in its Singapore and Hong Kong offices over the next six months to help the vendor exploit growth opportunities across Asia-Pacific markets.

Identitii CEO Nick Armstrong says the vendor plans to hire 30 more staff—to be mostly based across its Singapore and Hong Kong offices, which together currently house three staff—more than doubling its current total headcount of 25.

Armstrong says he sees

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