Insurer-backed Omise raises $80 million
Bangkok-based digital payments company Omise has raised $80 million in a Series C round from several investors including Sumitomo Mitsui Banking Corporation, Toyota Financial Services, and Aioi Nissay Dowa Insurance . The company has raised $100.4 million in total since its inception in 2013.
“I’m very excited to announce this funding round and new partnerships. Despite these challenging times, I see a lot of opportunities in accelerating digital payments and digital transformation for enterprises. This funding will accelerate the development of quality products and services by our subsidiaries to better connect people, businesses and society. I strongly believe technologies and innovation are crucial to building a more accessible financial infrastructure,” said Jun Hasegawa, founder and CEO of SYNQA, formerly Omise Holdings.
Omise is a payment gateway that offers a suite of payment features such as an acceptance interface, e-wallet, and cross-border remittances. It also operates blockchain-powered money transfers and payments tool OMG Network, previously known as OmiseGo.