More money...and more competition.
Valuation Doubles as Philippines Long Distance Telephone Company (PLDT) invests $445M into the Samwer brothers machine and set their sights on emerging markets payments and commerce.
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What does Rocket Internet's $4.5B Valuation Mean for VMoney?
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“If you can imagine Paypal, Bancnet, Megalink, point of sale systems, VISA, MasterCard, Octopus, mobile payments, SMS, two-factor authentication, ForEx, pre-paid services, bills payment, banking, rewards and loyalty system and fund disbursement, all rolled into one system, that’s VMoney,” Santos says.
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