SaaScada expands into Singapore to Meet Rising APAC Demand for Core Banking Modernisation

CEO and Co-Founder Nelson Wootton will be based in Singapore, underlining the company’s long-term commitment to the region

SINGAPORE / LONDON – SaaScada, the cloud-native, data-driven core banking platform, today announced it will be establishing a regional hub in Singapore for its expansion across Asia-Pacific (APAC) in response to growing demand for core banking modernisation. 

The move follows growing demand across the region for faster, more flexible and lower-risk approaches to core banking modernisation. In a clear signal of the company’s commitment to the market, CEO and Co-Founder Nelson Wootton will relocate to Singapore to lead the expansion.

APAC is home to some of the world’s most dynamic and digitally engaged financial services markets. Yet many institutions remain constrained by legacy core systems that make change slow, expensive and operationally risky. According to IDC, there is a growing demand for digitally native core banking models – such as cohabitation, multiple-core and flexible-core approaches – to help banks modernise, improve agility and launch more customised products without the disruption of wholesale replacement. 

SaaScada’s Singapore base positions the company to support the region’s fast-growing community of banks, fintechs and financial institutions as they look to launch and scale modern banking propositions, and will serve as a hub for sales, partnerships and customer support across APAC, with plans to grow the team regionally as demand develops.

SaaScada’s platform enables financial institutions to launch new features and products in minutes rather than months, giving them the flexibility to adapt as fast as their markets. By capturing and storing every transaction as raw, real-time data, the platform gives institutions a single source of truth for regulatory reporting, management information and customer insight, and lays the flexible data foundation that AI depends on. As financial institutions move to embed AI across their operations, SaaScada enables AI innovation rather than holding it back.

Rather than delivering a rigid, bank-in-a-box solution, SaaScada sits at the heart of a best-of-breed ecosystem through API-led integrations. This cohabitation model gives institutions the flexibility to choose the technologies, AI tools and partners that suit them, and to adapt their architecture as needs change. As such, banks and fintechs can build differentiated propositions at speed and scale, while reducing the risk and complexity traditionally associated with core transformation.

“Opening our Singapore office, and relocating to lead it myself, reflects just how serious we are about the opportunity across APAC,” said Nelson Wootton, CEO and Co-Founder of SaaScada. “This is a region defined by ambition, pace, and digital adoption, but many institutions are being held back by core systems that make change slow, expensive and risky. The market is ready for a more flexible model of modernisation that allows banks to launch, iterate and scale without being locked into a rigid architecture.

Ultimately, we give institutions the flexibility to adapt on their own terms, supported by a real-time data foundation that makes them ready for AI rather than locked out of it. I’m excited to be on the ground in Singapore, working alongside the businesses shaping the future of banking across the region.”

SaaScada is joining the 2026 Grow London Global mission to Singapore, having also been part of a 2025 Grow London trade mission to Singapore, which provided first-hand insights into the opportunities in APAC and reinforced the decision to start doing business in the region with a base in Singapore.

Howard Dawber, Deputy Mayor of London for Business & Growth said: “I am delighted to welcome SaaScada on the Mayor’s trade mission to Singapore, and thrilled that they have successfully established a presence in the Singaporean market with their new office opening. 

“Our trade mission brings together some of London’s most exciting fintech companies to build partnerships, exchange ideas, and unlock new opportunities for growth. Together, London and Singapore combine global capital, talent and ambition, and we want to continue building partnerships that accelerate innovation and drive long-term growth across both ecosystems.”