Payments solution Omise raises new funding led by Global Brain

Thailand-based payment solution provider Omise has raised an undisclosed funding round led by Global Brain.

Other contributions to the round came from 31VENTURES, and previous backer SMDV.

The main focus for the company following this investment is global expansion as well as bolster the infrastructure of its offerings.

Through the new partnerships and funding, the company hopes to move into the Japan market and other SouthEast Asian countries, as well as other high-growth markets. Omise will look to build partnerships and alliances with potential clients.

Omise is a payment gateway which helps businesses with gain access to online payments, by giving them a suite of tools to create a personalised platform. The system is easy to integrate across websites, mobiles and apps, giving a simple checkout experience for customers.

Features offered by the company include one-click payments, scheduled billings, instalment payments, links to other service providers and the ability to accept payments from people without cards.

By working with Global Brain, the FinTech hopes to further promote and develop a blockchain ecosystem and support foundational projects such as the Ethereum Community Fund.

The company’s goal is to build an open platform which will enables global buyers and sellers to interact directly and conduct global settlements.

Omise CEO and founder Jun Hasegawa said, “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.”

Last year, the company raised an undisclosed round of funding from Thai-bank Krugsri’s venture division Krungsri Finnovate. The company also closed a $25m ICO just a few months beforehand.

Copyright 2018 FinTech Global

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