Richard Koh
Founder & Chairman
M-DAQ Global
Richard Koh has nearly 4 decades of industry experience in Infocomm (ICT), Treasury (Foreign
Exchange) and eCommerce across Asia Pacific.
He is the Founder/Chairman of M-DAQ Global, a Singapore home-grown financial technology startup
founded in Jan 2010, where he served as the Group CEO until May 2025. Today, the group serves global
e-commerce marketplaces, securities exchanges, fintech companies, and corporates across 45
markets, processing over S$25 billion worth of cross-border transactions annually.
M-DAQ is supported by Economic Development Board, Enterprise Singapore and licensed by Monetary
Authority of Singapore.
Headquartered in Singapore, it has presence in Indonesia, China, Hong Kong, Japan and Malaysia.
M-DAQ won the top prize in the inaugural SG:Digital Techblazers award organised by Infocomm and
Media Development Authority (IMDA) and SGTech in 2018. It also won the coveted Best Technology
Company To Work For biennial award by Singapore Computer Society (SCS) in 2019. It is also the winner
in the E50 Special 25th Anniversary inaugural Digital Economy Award in 2019. M-DAQ was selected as
an Enterprise Singapore Scale-Up company in 2023.
Richard has been a Fellow Chartered Accountant (FCA) since 2010 and holds an Executive MBA in
International Business (First in Class/Valedictorian), Graduate Diploma in Techno-entrepreneurship,
Graduate Diploma in eCommerce, Bachelor of Accountancy (Honours) with specialization in Banking
and Finance, Group Diploma in Accounting (1st Singapore Gold Medalist) and Diploma in Computer
Studies. He is currently pursuing a full-time PhD in Business (General Management).
Richard holds four patents P-No. 177236 [WO/2012/008915] and [WO/2012/008926] on “Method and
System of Trading a Security in a Foreign Currency” dated 13 Jul 2010. [SG10201610577Y] on “System
and Method For Administering A Financial Account” dated 16 Dec 2016. [30201805087V] dated 16 Mar
2018 and P-No. [10201803569S] dated 16 Sep 2020 on “The Fish Bone”.
In 2018, he was named Entrepreneur of the Year by Singapore Computer Society.
In 2020, he was named Entrepreneur of The Year - Financial Technology by EY.
In 2024, he was bestowed the Nanyang Alumni Achievement Award by NTU Singapore.