JAPANESE FINANCIAL COMPANY NOMURA HOLDINGS INVESTS IN THAI’S STARTUP OMISE

Omise ‘s CEO & CO-Founder Ezra Don Harinsut (Left) and CEO & Founder Jun Hasegawa (right) (Image credit: techinasia)

A Thailand-headquartered digital payment startup Omise announced its fresh investment from Japanese financial holding firm Nomura Holdings. 

However, the startup doesn’t disclose the sum of the Nomura’s funds. 

Omise Holdings’ Group CEO Jun Hasegawa said the investment from Nomura Holdings is a good sign for Omise to develop its financial services, disruptive innovation, and open infrastructure. 

As one of the leading online payment service providers in Thailand, Omise will use the latest funds to expands its subsidiaries’ operations in the country and abroad – Indonesia, Singapore, and Japan. In expanding Omise’s operations, the company is looking for governments who support innovation and development alongside stable jurisdictions and regulatory transparency, Hasegawa said.

The expansion will go along with improvement on the startup’s services in e-payments, digital assets exchange, and blockchain technology sectors. 

Established in 2013, Omise has three branch companies, the main company Omise – a payment gateway, OmiseGo – a decentralized exchange and Go. Exchange – a platform for cryptocurrency exchange. 

Nomura Holdings is not the first Japanese company that invests in the Thai’s startup. Previously in 2018, Japanese venture capital firm company, Global Brain with an undisclosed amount of investment has joined the Omise’s round funding circle. 

Amid its expansion in the region and Japan, Omise in March denied a rumor about Thai conglomerate CP Group reportedly to acquire the company for US$ 150 million.

Source: https://www.dealstreetasia.com/stories/omise-nomura-funding-146400/

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