Opn rebrands from SYNQA after $120m Series C+

Opn, a payment experience solution developer, has rebranded from SYNQA alongside the close of its $120m Series C+ funding round.

Contributions came from JIC Venture Growth Investments, MUFG Bank and Mars Growth Capital.

The funds will help Opn scale its business and expand into new geographies.

Founded in 2013, Opn enables commerce through embedded payment experiences. It supplies companies with tools and technology to build unique customer experiences and grow revenue.

Its technology helps secure payments across all sales channels, online, in-app and in-person, and enables easy management of transactions, including cards, QR codes and other methods.

The platform also helps companies create and sell their own NFTs.

Opn, which is based in Thailand, operates across Southeast Asia and Japan.

Opn CEO and founder Jun Hasegawa said, “We are extremely excited and proud to bring on board this high-quality investment, allowing us to accelerate the development of our core payment solutions, while also expanding into new territories within our core markets of Southeast Asia and Japan and beyond.

“As we approach ten years since we started as a payment gateway company, and now customised FinTech solutions to help businesses grow, we have continued to obsess over how to make payment ever more seamless for both businesses and the people they serve. Through our fintech solutions, we are realising our vision of enabling access to the digital economy for everyone.”

With the close of the round, the company has raised a total of $22m in funding.

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