Deskera announced its partnership with Visa, the world’s largest digital payments network, to provide Software as a Service (‘SaaS’) to Small and Medium Businesses (‘SMBs’) through the Visa Business Hub (‘VHB’) in Singapore.
The VHB, launched earlier this year, is a one-stop portal that delivers tangible value to business customers in Asia. The Deskera and Visa collaboration is part of Visa’s commitment to empower businesses to leverage on innovative technologies through cost effective SaaS platforms. The VHB portal also houses a Business Academy that will assist SMBs to stay competitive through expert insights and advice. The SaaS platform will be accessed by around 12-15 million SMBs commercial Visa cardholders in Asia, followed by Europe.
Mr Vikram Kshettry, Head of Small Business Products, Asia Pacific, Visa said: “We are happy to have Deskera on board. Modern businesses face increased demands from their stakeholders to be digitally enabled and this is often daunting. We look forward to serving the SMB sector with the Deskera business suite.”
The partnership with Visa comes at a very strategic time as Deskera has experienced explosive growth with revenue increase of over 100% year-on-year since 2013 and plans to maintain the same pace in the years ahead. Moreover, SMB is a key segment for Singapore and SMBs contribute to almost 50 per cent of the country’s Gross Domestic Product (‘GDP’) and 70 per cent of the workforce.
Shashank Dixit, Founder and Chief Executive Officer of Deskera, believes in the motto of ‘Small is Powerful’, which strengthens his belief in the SMB sector. He further adds, “I am encouraged that international brands like Visa are providing a platform to serve SMBs better and we look forward to working with them in Singapore and other countries in the region.”
