Richard Koh


Founder & Group CEO, M-DAQ Pte Ltd​

Richard Koh has over 35 years of industry experience in Infocomm (ICT), Treasury (FX) and eCommerce covering the Asia Pacific region. 

He is the Founder/CEO of M-DAQ, a Singapore home-grown capital markets financial technology startup founded in January 2010 which turned profitable since beginning of 2018 despite being a hyper growth startup, clearing USD10bn in transaction value annually.

In September 2015, it went live with a game-changer solution assisting Global eCommerce platforms to offer guaranteed FX rate at a fraction of existing price. This solution also won in the open category in the Inaugural Singapore MAS FinTech awards in 2016. 

M-DAQ won the top prize in the inaugural SG:Digital awards organised by Infocomm and Media Development Authority (IMDA) and SGTech in November 2018 and awarded the Best Technology Company to work for by Singapore Computer Society in July 2019. M-DAQ also won the inaugural 25th anniversary Digital Economy Award in the Enterprise 50 Awards in 2019. He was also named Entrepreneur of the Year (Fintech) by EY in 2020.

Richard has been a Fellow Chartered Accountant (FCA)1 since 2010 and holds an Executive MBA2 in International Business (First in Class/Valedictorian), Graduate Diploma in Technoentrepreneurship2, Graduate Diploma in eCommerce2, Bachelor of Accountancy (Honours)3 with specialization in Banking and Finance, Group Diploma in Accounting4 (1st Singapore Gold Medalist) and Diploma in Computer Studies5. 

In 2018, he was named Entrepreneur of the Year by Singapore Computer Society, the national ICT association founded in 1967.

  1. Institute of Singapore Chartered Accountants
  2. Helsinki School of Economics, Finland (now know as Aalto University)
  3. Nanyang Technological University, Singapore
  4. London Chambers of Commerce, United Kingdom
  5. National Computing Centre, United Kingdom