Bangkok based payment gateway Omise has raised $25m in an Initial Coin Offering. Omise is an online payment gateway offering a wide range of processing solutions for any business need.
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Omise raises $25m ICO
An ICO is a initial coin offering in which the company trades future cryptocoins for cryptocurrencies that can be liquid immediately. Omise had previously raised more than $20 million from venture capitalists and held the token sale to raise money to create a payment platform dubbed Omise Go. With Omise Go, the company will enable users to share funds via a network without the need for a bank account and without getting hit with fees or cross-border costs. The company also wants to sign on retail partners to extend the platform into purchases and to make it available to other payment companies as well, TechCrunch reported.
