WadzPay Worldwide Pte. Ltd. secured a SGD 50M investment commitment from GEM Global Yield LLC SCS to accelerate its growth strategy in financial services and blockchain technology.
WadzPay Worldwide Pte. Ltd. secured a SGD 50M investment commitment from GEM Global Yield LLC SCS to accelerate its growth strategy in financial services and blockchain technology.
12/02/24, 12:44 AM
Location
singaporeMoney raised
$50 million
Industry
cryptocurrency
blockchain
Investors
Gem Global Yield Llc Scs
WadzPay has announced a capital commitment of SGD 50 million from GEM Global Yield LLC SCS through a Share Subscription Facility. This investment will enable WadzPay to pursue acquisitions, partnerships, and organic initiatives to enhance its position in the financial services landscape.
Company Info
Location
singapore, southeast asia, singapore
Additional Info
WadzPay was founded in 2018 in Singapore with a commitment to drive financial inclusion and revolutionise the virtual asset landscape. It is a leading global blockchain-based payments technology provider. The company's innovative platform available as a SaaS offering provides secure, efficient, and transparent payment solutions, catering to businesses (B2B) and consumers (B2B2C). WadzPay works with large international payment companies, banks, and fintech’s to enable virtual asset-based transaction processing, custody, and settlement. It operates across geographies spanning Asia Pacific, the Middle East, Africa, Europe, and the Americas.