About Us

Walletory is Making Money Easy

Most companies are only interested in making easy money. We’re interested in making money easy.

Most eMoney businesses aren't addressing complex problems that have emerged as many industries have taken their business online. Most eWallets just challenge banks by competing on price. That’s easy money. Walletory is addressing the problems that other eMoney businesses neglect due to the brevity of different niches. At Walletory, we care about making payments painless, accessible and easy.

Mission

At Walletory, our mission is to make payments painless and trouble-free for everyone participating in the sharing economy.

As more people take their businesses online, niches emerge, and the demand for digital payments grows. If you're operating a website for freelancers, a marketplace, a community, renting short-stay properties, selling second-hand cars, or using any of these services, Walletory is for you.

People

Walletory is supported by a team of industry experts. We have backgrounds in banking, payments, ecommerce and digital services.

Lukas Bilek

Jasmine Pay

Mason Chou

Viknesh Savagan

Marek Bocanek

David Kasper

Lukas Bilek

As Legal Counsel at Walletory, Lukas ensures that our financial services and digital payments innovations meet the strict regulatory standards set by the Monetary Authority of Singapore. With broad experience in legal matters involving payment institutions across the EU and ASEAN region, he brings to Walletory not only expertise but also a commitment to transparency and security for our clients.

Jasmine Pay

As a Senior Accounting and Finance Associate at Walletory, Jasmine oversees a range of essential financial functions, including Accounts Payable, Accounts Receivable, General Ledger, Payroll, and Financial and MAS reporting. Her role also involves ensuring compliance with regulatory standards, supporting financial audits, and maintaining accurate and transparent financial records. She is committed to contributing to the company's mission of providing reliable digital payment solutions by upholding high standards in financial operations and accountability.

Mason Chou

Mason is a Certified Anti-Money Laundering Specialist (CAMS) and is experienced in AML/KYC/CFT with multiple years of experience in banking and financial industries. With his diverse background, Mason currently serves as Head of Compliance in Walletory. He oversees all matters related to compliance including, but not limited to, AML, corporate compliance, regulatory compliance. He works hand in hand with cross-functional teams to create policies and framework to ensure Walletory complies with all regulations, and makes sure all policies are up to date in the fast-changing landscape of the payments industry. Additionally, with a background in IT, he also serves as Walletory’s Data protection officer.

Viknesh Savagan

As a seasoned compliance professional with extensive experience in AML and KYC, Viknesh successfully led and enhanced compliance and client lifecycle management in regulated environments across the payments and financial services sectors. Currently, as Head of AML at Walletory, he oversees the AML Compliance Department, where he drives the strategic development and implementation of policies and controls that ensure robust compliance with MAS regulations and PSA standards in Singapore. His focus has been on fortifying client onboarding procedures, advising on regulatory trends, and collaborating with cross-functional teams to close control gaps and optimize risk management frameworks.

Marek Bocanek

Marek has collected a comprehensive range of practical experiences throughout his career, which shapes the payment operations and procedures at Walletory. His know-how in payment acquisition, collateral management, compliance, transaction monitoring and product management make him a strong leader. Besides being a payments industry specialist, Marek is a Doctor of Law and a Doctor of Business Administration.

David Kasper

David is the co-founder of Purple Holding. The Group has launched and invested in almost a dozen firms in the financial services industry. Besides boasting a high success rate in business ventures, Purple Holding runs a Foundation that allows the companies to give back in the regions they operate. David is a visionary who loves to activate new projects and businesses. David supports the Walletory team with great ideas and inspiration.

Walletory's History

David Kasper

Shareholder of Walletory Pte. Ltd.

There is a saying that goes 'Overnight success takes about 10 years' and I believe that's true. We have worked hard for the last 15 years to establish a solid foundation in terms of finances, personnel, and knowledge, in order to create a payment institution that is easy to use, has a strong vision, and makes your life easier.

2024

Walletory has launched key products, including Walletory Bridge, which aims to provide an alternative to card and cryptocurrency payments through local collection methods. Additionally, Walletory has partnered with DBS Bank in Singapore to offer dedicated multi-purpose business accounts for enterprises.

2023

Walletory began by offering services to a small group of individuals and companies, optimising its processes to eventually extend its services to a wider range of customers. At the same time, it expanded its payout methods to numerous countries, enabling the provision of various payout options in over 20 countries worldwide.

2022

Walletory received approval from MAS to complete the transition to a full Major Payment Institution and began planning to launch new services that are possible to offer under this new type of license.

2020

New legislation has been introduced in Singapore to regulate e-money businesses under the new MAS act. Walletory began working on the transition from a Stored Value Facility company to a full Major Payment Institution business. The Walletory team expanded, and the Singapore office grew.

2019

In an effort to build more than just a one-man show business, David, in cooperation with his colleagues, co-founded Purple Next. This company is dedicated to developing fintech and e-money systems, covering project management, product design, and final delivery.

2017

David established Walletory Pte. Ltd. with a vision to enhance the financial services provided by his other ventures, while simultaneously making it easier for people around the world to pay, accept payments, and more. The first regulated activity of Walletory was Stored Value Facility services.

2016

The company transitioned from merely offering brokerage services to becoming a full-scale fintech software company with in-house development teams capable of creating fintech apps and turning David’s vision into reality.

2011

The previous business activity was converted into our own brokerage company, which allowed global customers to trade forex, indices, and commodities.

2007

David, the founder of Walletory, along with his business partners, started their first international company in the fintech space, aiming at the financial brokerage industry. At that time, they focused on copy trading and social trading systems for end-users and brokerages.