The expansion marks the first time the payments and fleet services provider has increased its international presence beyond Europe, with a new Singapore office opened and an additional site to open in Kuala Lumpur, Malaysia.

The business added that it has targeted the rapidly developing economies of Singapore and Malaysia to boost business overseas and to grow the group’s reputation as a leading provider of multinational fleet services.

Business in Asia will be focused on SMEs mainly across the construction, retail, wholesale and transportation sectors and will focus on the firm’s integrated Shell fuel card and Kinesis Telematics service.

Radius founder and chief executive Bill Holmes said: “Our ambitious plans to grow business activity across Southeast Asia shows our intent to not only operate as a market-leading European fleet services provider, but also to expand our global brand and client portfolio.

“Singapore and Malaysia are the first significant steps of our expansion outside of Europe. By launching with a globally recognised brand through Shell, we expect to achieve rapid uptake of Radius’ products and reach a established position within the Asian market.”

Stuart Alsford, sales manager in Asia, continued: “We know that the markets in Singapore and Asia are predominantly made up of SMEs. The cost and time-savings these local businesses will see from using our products will only enable the Radius brand to grow further.”