Thai Fintech Omise just bagged undisclosed funding led by Japan’s Global Brain
The funding was led by Japan’s private venture capital Global Brain with the mission to create a more inclusive financial system for everyone Southeast Asia’s fintech service provider Omise Holdings has just announced an undisclosed amount of funding received. The investment was led by Japan’s private venture capital, Global Brain with the participation of 31VENTURES, the CVC arm of Mitsui Fudosan, one of the largest real-estate developers in the country, along with returning Indonesian venture capital SMDV. Besides bringing in additional financial support, the funding will also be used to strengthen the reach of the financial infrastructure currently in the development phase by entities under Omise Holdings, like Omise payments, OmiseGO and GO.Exchange. For the company that was established in 2013, the goal is to create a borderless open financial system for everyone. Realizing that global expansion is a key growth driver for businesses around the world but without the readiness of the infrastructure of the financial transactions process, Omise champions to conduct payments anytime and anywhere without borders as a necessity. With an open platform for everyone, the company believes it will allow global buyers and sellers to meet directly, and conduct global settlements, making payments able to happen anywhere in the world. The companies will leverage on the OMG Network, eWallet Suite, and OMG DEX, which are all currently under development as tools for businesses to provide opportunity for anyone with a mobile device to easily access fast, fair, and secure instant global payments. “Today’s announcement with industry leaders like Global Brain, 31VENTURES, and SMDV is another solid step further on our path of developing a new payments infrastructure. We look forward to engaging in broader partnerships and opportunities to tap into Japan’s rapidly evolving market,” said Jun Hasegawa, CEO & Founder of Omise. Prior to the investment, Omise and Global Brain have shared the similar vision in building the blockchain ecosystem, resulted in partnership on several ongoing foundational projects including the Ethereum Community Fund (ECF) and blockchain focused co-working space, Neutrino. Global Brain, Mitsui Fudosan and SMDV will leverage its resources to support the businesses under Omise Holdings by assisting its penetration into Japan, Southeast Asia and other key, high-growth markets, including building partnership and alliances with its potential clients.
https://sg.news.yahoo.com/se-asian-fintech-omise-just-bagged-undisclosed-funding-220016391.html