The tech hub will focus on enhancing its AI, Machine Learning capabilities, and accelerating its product development and micro service capabilities

CXA Group, a Singapore-based AI platform for health, wealth, and wellness choices, announced today it will set up the CXA Tech Hub in Ho Chi Minh City, Vietnam.

The initiative is a part of CXA’s expansion of its technical capabilities to support its products and health ecosystem.

The company said that the tech hub will focus on enhancing its AI, Machine Learning capabilities, and accelerating its product development and micro service capabilities. The firm claims its services are serving more than 400,000 employees, Fortune 500 companies, and partners across 20 markets.

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Rosaline Chow Koo, Founder, and CEO of CXA Group said: “Setting up a tech hub in Vietnam provides us access to a large talent pool so we can focus on building the technology.”

CXA offers a self-service platform that allows employers to give their employees access to a wide range of health, wealth, and wellness offerings, personalised based on the individual’s health and life-stage data. This allows employees to draw down on duplicate insurance policies provided by their employers or spouse’s employers and use funds that are then released into the platform’s e-wallet to increase the balance in their e-wallets, and to purchase these offerings with cashless transactions.

As part of its health ecosystem, CXA has integrated directly with clinics, giving clients and partners a savings of up to 25 per cent on outpatient costs.

To lead the tech expansion, CXA brings Thorsten Maus as Head of Information Technology. Maus has track records in building tech teams and platforms for e-commerce, payment, and financial companies and will oversee CXA’s Tech and Development teams both in Singapore and China, as well as the various CXA tech hubs across the region.

In the past, CXA Group was known to raise funding from Eduardo Saverin of Facebook in 2017 and EDBI in 2017, and the recent one in March 2019.

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