Business Development Intern

About FOMO Pay!

Founded in 2015, FOMO Pay is a payment institution licensed in Singapore, Hong Kong and the Middle East. The firm has become a leading one-stop digital payment, digital banking, and digital asset solution provider. It is currently building Asia's fully licensed financial platform, helping institutions and businesses connect between traditional and next-generation financial services. The firm offers its three flagship products:

. FOMO Payment - One-stop digital payment solution for merchants, corporates and financial institutions

. FOMO iBiz - Facilitate businesses everyday requirements for transactional banking needs

. FOMO Treasury - One-stop digital asset services provider bridging Web 2.0 & Web 3.0

For more information, please visit www.fomopay.com.
For recruitment inquiries, contact [Confidential Information].

Join and Grow with us!

At FOMO Group, we are dedicated to redefining what is possible in digital payments, global banking, investment solutions, and tokenized assets. We seek forward-thinking individuals who share our passion for innovation and are eager to lead industry disruption. As part of our transformation journey, you will work alongside visionary leaders with a proven track record of shaping the future of finance.

We believe in unlocking the potential of every individual. We offer an inclusive, supportive, and continuous learning culture where everyone can grow to their full potential and achieve their personal and professional goals. Join our team and be part of an exciting evolution in the industry.

Visit www.fomogroup.com for more information.

About the Role!

As a BD Intern on the iBiz team, you will work directly with the BD Director and senior relationship managers to build and qualify a pipeline of potential clients. You will research target segments, identify decision-makers, support outreach campaigns, and help convert referral and direct leads into onboarding opportunities. This is a high-exposure, execution-focused role with real client interaction.

Key Responsibilities:

1. Lead Sourcing & Pipeline Building

. Research and identify prospective clients across target segments: family offices, fund managers, licensed financial intermediaries (LFIs), corporate treasuries, advertising agencies, trading/import/export, ecommerce, and crypto/Web3 firms

. Map referral networks including accountants, corporate secretaries, lawyers, MAS-licensed fund administrators, and introducers

. Maintain and update the BD CRM with accurate lead data, contact details, and engagement status

. Source leads through LinkedIn, industry databases (e.g. MAS FSP Register, ACRA), events, and partner referrals

. Going to events, networking sessions, approach potential leads or referral opportunities.

2. Outreach & Client Engagement

. Draft and send personalised outreach messages (email, LinkedIn) under BD guidance

. Under the guidance of BD director, support scheduling of introductory calls and follow-up meetings between potential leads and the assigned BD. Update the assigned BD the status of the leads, so BD can provide with potential solutions.

. Assist in responding to initial client enquiries and FAQs about FOMO Pay's iBiz services

. Follow up with warm leads proactively to maintain engagement and momentum in the pipeline - including sending updates, sharing relevant content, and checking in at key touchpoints

3. Market Intelligence

. Track competitor offerings, new market entrants, and regulatory developments (MAS, PSA, MSO, MSB, VARA, VASP etc.)

. Data compilation: Compile weekly lead reports and BD activity summaries for the Director based on the CRM table

. Support analysis of conversion rates, segment performance, and referral channel effectiveness

Requirements:

1. Essential

. Currently pursuing or recently completed a degree in Business, Finance, Economics, or related field

. Strong research and analytical skills - able to quickly qualify leads and identify the right contacts

. Excellent written English business-level Chinese (Mandarin) is a strong advantage for regional outreach

. Comfortable with LinkedIn outreach, email communication, and Microsoft Office / Google Workspace

. Self-starter with high attention to detail and the ability to manage multiple tasks independently

2. Bonus Points

. Prior exposure to financial services, fintech, payments, or regulated industries

. Familiarity with MAS licensing, Singapore's payment ecosystem, or crypto/digital asset firms

. Understand and able to proactively using AI tools during work

. Active LinkedIn presence and comfort with professional social selling

. Networking and leads generation past experiences

What You Will Gain:

. Front-row exposure to a fast-moving MAS-licensed payments business and its real client deal flow

. Hands-on mentorship from the BD Director and senior team members

. Direct experience engaging with financial intermediaries, family offices, and institutional clients

. Understanding of Singapore's regulatory environment (PSA, MAS, Travel Rule, KYC/AML)

. A tangible track record of pipeline contribution you can speak to in future job applications

. Opportunity to convert to a full-time BD role based on performance