A corporate university created by the payments giant has opened in Asia, moving beyond the US for the first time.

Global payments technology firm Visa has opened its first non-US campus of Visa University, choosing its Asia-Pacific headquarters in Singapore as the venue. 

The facility features flexible classroom space, breakout rooms for small-group learning and lounge space for informal networking, as well as video conferencing technology so that the organisation can reach across Southeast Asia.

In April, Visa launched the Singapore Innovation Centre, a 7,000 square-foot facility designed as a destination for clients, partners and developers across the region to work alongside Visa experts and jointly create the next generation of commerce applications. That move was part of a trend of financial firms creating “innovation labs” to keep abreast of technologies roiling financial services worldwide. (For more on that issue, see this feature article on WealthBriefingAsia.)