Omise lands $17.5M Series B to expand its Stripe-like service in Southeast Asia

Gareth Jones

July 21, 2016

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Gareth Jones

Omise, a Bangkok-based payment enabler much like Stripe, has raised a $17.5 million Series B round from Japan-based SBI Investment to expand its reach across Southeast Asia.

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This new round, which is one of the largest for a fintech company in Southeast Asia to date, was led by Japan-based SBI Investment, with participation from Sinar Mas Digital Ventures (SMDV) in Indonesia, Thailand’s Ascend Money (affiliated with mobile operator True), and existing backer Golden Gate Ventures. Omise has now raised over $25 million, including a $2.6 million Series A in May 2015 and undisclosed round from Golden Gate Ventures last October, right after the Singapore-based VC firm announced a new $50 million fund.

https://techcrunch.com/2016/07/20/omise-lands-17-5m-series-b-to-expand-its-stripe-like-service-in-southeast-asia/?ncid=rss&utm_source=dlvr.it&utm_medium=twitter