Singapore, 08 May, 2025 – Sea Limited (NYSE: SE) today announced the opening of its new global headquarters for its digital financial services business in Singapore, alongside its rebranding from SeaMoney to Monee.
Minister for Manpower and Second Minister for Trade and Industry, Dr Tan See Leng, officiated the opening ceremony, where he highlighted the significance of Monee’s expansion and Singapore’s role in the future of digital financial services.
"While Monee is already one of the largest digital financial services businesses in our region, I believe we are only seeing the start of its potential. As Southeast Asia's digital economy continues to grow, we remain committed to bettering the lives of consumers and small businesses through technology. Monee will continue to build a future where financial inclusion is a reality for all,” said Mr Forrest Li, Chairman and Chief Executive Officer, Sea.
“The key economic and digital development agencies, such as Digital Industry Singapore (DISG), the Economic Development Board (EDB), and Enterprise Singapore (ESG) have created a thriving ecosystem for tech innovation here. The Monetary Authority of Singapore (MAS) saw digitalization as an opportunity to make our financial services sector more vibrant. Our story of homegrown success and subsequent globalization would not have been possible without the strong support and positive environment provided by our home country,” Mr Li added.
A Home for Innovation, Growth, and Collaboration
Located at Rochester Commons, the new headquarters for Monee spans 10 floors and over 200,000 square feet. It will initially accommodate over 1,000 digital finance professionals, with a capacity for up to 1,500. The facility will house Monee’s Centres of Excellence in product management, artificial intelligence, and anti-money laundering—developing deep capabilities in areas critical to the financial sector’s future.
The headquarters also features:
- 100+ collaborative meeting rooms and product innovation spaces
- A multi-purpose function hall and training areas for talent development
- The café and gym feature dedicated floors thoughtfully designed to promote employee well-being and foster a sense of community
Advancing Everyday Finance and Expanding Financial Access
The rebrand from SeaMoney to Monee marks the next step in the evolution of Sea’s digital financial services business. The name Monee was chosen for its simplicity and ease of use across the markets it serves while immediately connecting to the company’s purpose: to better the lives of consumers and small businesses through technology in every area related to money. Its naming also echoes Shopee, reflecting the seamless, synergetic connection between the two ecosystems.
Since its launch in 2014, Monee has grown to become one of Southeast Asia’s largest digital financial platforms, offering products and services, including mobile wallets, payment processing, credit, banking, and insurtech. Today, Monee serves users across Indonesia, Malaysia, the Philippines, Singapore, Thailand, Taiwan, Vietnam, and Brazil, focused on delivering simple, accessible, and inclusive financial solutions that meet real-world needs.
Further strengthening its regional footprint, Monee has also established a digital banking group under MariBank, building on its foundation as a licensed digital bank in Singapore. This structure supports Monee’s ambition to broaden financial access and deliver trusted banking services across Southeast Asia.
