METZ, LORRAINE, FRANCE, March 22, 2023 – SESAMm, a rising fintech company, announced today the opening of a new business location in Singapore. The expansion into Singapore marks a significant milestone for the company as it seeks to extend its reach and tap into the thriving Southeast Asian market.
The new location will be the company’s first business residency in Southeast Asia, where private equity, public equity, and asset management are ripe for solutions focused on alternative data sources, particularly those sourced with NLP solutions. Singapore will serve as a hub for the company’s regional operations, driving growth through new business development.
“We are thrilled to expand into Singapore, a move that represents a significant milestone in our growth strategy,” said Sylvain Forté, SESAMm CEO. “Singapore is a key financial center in the region, and our presence here will allow us to serve our existing clients better and tap into new business opportunities.”
Recently, SESAMm closed its Series B2 round with €35 million from France and U.S. investors along with Singapore-based venture capital firm AFG Partners, a firm that recognizes the significant growth and potential in the region.
“As a fund backed by investors from the financial services sector, AFG’s specialization and our unique network of investors and ecosystem partners provide a platform for global fintechs to scale regionally across Asia,” said Ivan Ong, Principal at AFG Partners. “SESAMm’s proven traction in international markets positions it well to enter Asia, and we see clear strong appetite from financial institutions and corporates to adopt their solution. We look forward to scaling the business across Asia with them,” said Ong.
The new location will support employee growth, with plans to expand the team in the coming months. Singapore business will be led by Thibaut Gunsey, Head of Sales—Asia, who brings nine years of financial-industry experience to the company.
“I am excited to broaden my role within SESAMm at such a pivotal moment in its growth,” said Gunsey. “Our Singapore office will allow us to better serve our local clients and regional growth, and tap into new business opportunities. I look forward to leading the local team and working with new clients to achieve their business goals.”
SESAMm’s expansion into Singapore comes as the company continues to experience strong growth. The company’s focus on innovation and customer service has earned it a reputation as a leading player in the fintech industry.
SESAMm is a leading NLP technology company serving global investment firms, corporations, and investors, such as private equity firms, hedge funds, and other asset management companies. SESAMm provides datasets and NLP capabilities to generate alternative data for use cases, such as ESG and SDG, sentiment, private equity due diligence, corporate studies, and more. With access to SESAMm’s massive data lake, comprised of 20 billion articles and messages and growing, its clients can make better investment decisions. With offices in Metz, Paris, Tunis, London, Tokyo, New York, and soon, Singapore, the company is well-positioned to serve clients across the globe.
For more information about SESAMm and its products and services, please visit sesamm.com.
Jorge Alvarez
Chief Marketing Officer
press@sesamm.com