FOMO Group Partners Whyze Solutions to Boost Organizational Efficiency

Press Releases
December 4, 2024

FOMO Group, a leading financial holding company headquartered in Singapore, has announced its partnership with Whyze Solutions, an innovative HR and Payroll solutions provider based in Singapore. This strategic initiative underscores FOMO Group’s commitment to optimizing organizational efficiency, supporting its expanding workforce, and fostering a more supportive and connected work environment.

Founded in 2008, Whyze Solutions empowers more than 3,000 companies across various industries with its one-stop service for HR and payroll matters. The partnership comes at a time when FOMO Group has grown significantly in scale, continuously absorbing great talents to join the team as it enters its 10th year. This expansion prompts the integration of an all-in-one HR system, harnessing FOMO’s human resources capabilities and providing a more seamless employee experience.

By automating and optimizing HR processes, the newly integrated HR management system significantly simplifies the workflow of the HR department, enabling them to easily process large amounts of data and requests from employees. The advanced analytics and data-driven insights offered by Whyze Solutions facilitate enhanced decision-making, ensuring that FOMO Group remains at the forefront of HR excellence. This efficiency empowers the HR department to allocate more resources to strategic initiatives that foster organizational growth and enhance employee development.

Furthermore, Whyze Solutions is compliant with statutory requirements, offering peace of mind to both employees and management. The system’s robust compliance features mitigate risks associated with regulatory breaches, fostering a secure and compliant work environment.

“Whyze Solutions is dedicated to helping our clients confidently navigate local employment and payroll compliance,” said Compliance Manager Tony Cheung. “As HR trends evolve, we continue to enhance our system to drive broader and more meaningful employee engagement in today’s digital-first world.”

“Through our partnership with Whyze Solutions, we are able to deliver more convenience and support to our employees.” said Zack Yang, Co-founder of FOMO Group. “Our employees can now easily use a suite of services from leave applications, payroll management, expense reimbursement and more, through a single online portal or mobile app. This will streamline workflows and enable a stronger focus on high-value tasks.”

The partnership between FOMO Group and Whyze Solutions reflects FOMO Group’s dedication to enhancing organizational efficiency and empowering its cross-regional teams to provide value-added digital payment, digital banking, and digital asset services to clients worldwide.

About FOMO Group

Founded in 2015, FOMO Group is a financial holding group based in Singapore, offering one-stop digital payment, digital banking, and digital asset solutions, bridging Web 2.0 and Web 3.0 ecosystems. FOMO Group owns three financial institutions which operate independently from each other:

  • FOMO Pay – a major payment institution licensed in Singapore and Hong Kong. The firm has become a leading one-stop digital payment, digital banking, and digital asset solution provider. It is currently building Asia’s fully licensed financial platform, helping institutions and businesses connect between fiat and digital currency.
  • CapBridge – A Capital Markets Services licensee licensed to deal in capital markets products, including securities and collective investment schemes, and provide custodial services. It is also an exempt financial adviser permitted to advise on investment products and to issue or promulgate analyses and reports on such investment products.
  • 1exchange – A licensed and regulated private securities exchange with a Recognized Market Operator License, allowing companies and investors to list and trade regulated financial products and equity assets.

For media inquiries, please contact marketing@fomopay.com.

About Whyze HR

Founded in 2008, Whyze Solutions is an HR and Payroll solution provider based in Singapore, supporting over 3,000 companies across sectors including startups, SMEs, non-profits, and MNCs.

With numerous awards and high customer satisfaction ratings, we specialize in local HR administration and enterprise IT system implementation, offering a suite of cloud-based services, including:

  • Integrated HR Management System – Automating HR processes from recruitment to payroll.
  • Biometric Devices with HR Scheduling – Streamlining attendance and scheduling.
  • Mobile App for Employee Tracking and Project Costing – Enhancing project management.
  • Employee Engagement Platform – Facilitating onboarding tasks, reminders, document submissions, and HR requests.

Our dedicated team empowers SMEs to enhance organizational efficiency and provides tailored solutions to meet evolving HR needs. We also collaborate with government agencies to help clients access funding on productivity initiatives.

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