OxPay, previously known as MC Payment, became a listed entity following the reverse takeover of video content analysis firm Artivision Technologies in February 2021. After a boardroom tussle, control eventually settled with non-independent chairman Ching Chiat Kwong, who holds a 27.4% stake, and his son Shawn Ching, who also sits on the board as a non-independent chairman.
In his more than 24 years with AXS, Chin Mun Chung has undergone several ownership changes. Through it all, AXS has adapted to shifting industry norms to become Singapore’s leading payments company. As the CEO of AXS, he could have stayed on and retired in the role.
Yet, in June 2025, Chin joined the relatively new OxPay Financial, where, as CEO, he is continuing his journey building another payments company in an industry seeing far more growth opportunities as change gathers pace.
