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.

Dec 02, 2024•about 1 year ago

Amount Raised

$50 Million

SingaporeCryptocurrencyBlockchain

Investors

Gem Global Yield Llc Scs

Description

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 Information

Company

WadzPay

Location

Singapore, Southeast Asia, Singapore

About

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.  

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