Hong Kong, 13 September 2012: “Red Herring announced Tranglo as award winner for Top 100 Asia year 2012. The award is in recognition of the leading private companies from Asia, celebrating their innovations and technologies across their respective industries. Red Herring's Top 100 Asia list has become a mark of distinction for identifying promising new companies and entrepreneurs. Red Herring editors were among the first to recognise that companies such as Facebook, Twitter, Google, Yahoo, Skype, Salesforce.com, YouTube, and eBay would change the way we live and work.
"We are delighted to be selected as Red Herring award winner. The award is a resounding recognition to Tranglo vision and capability. We truly appreciate our partners' contribution to Tranglo growth and achievements," said HY Sia, CEO of Tranglo.
"Choosing the companies with the strongest potential was by no means a small feat, said Alex Vieux, publisher and CEO of Red Herring. "After rigorous contemplation and discussion, we narrowed our list down from hundreds of candidates from across Asia to the Top 100 Winners. We believe Tranglo embodies the vision, drive and innovation that define a successful entrepreneurial venture. Tranglo should be proud of its accomplishment, as the competition was the strongest it has ever been."
Red Herring's editorial staff evaluated the companies on both quantitative and qualitative criteria, such as financial performance, technology innovation, management quality, strategy, and market penetration. For more information, please refer to Red Herring website.
Tranglo is a cross-border payment hub with a proven track record in business payment, foreign remittance and mobile payment solutions. Founded in 2008, we have offices in Kuala Lumpur, Singapore, Jakarta, Dubai and London. Our global network spans more than 100 countries, 2,500 mobile operators, 1,300 banks/wallets and 130,000 cash pickup points. To find out more, visit www.tranglo.com, LinkedIn, Facebook or Twitter.