- Omise has announced a partnership with Global Brain, 31 VENTURES and SMDV
- The partnership brings in an undisclosed amount of money
- The partnership aims to aid Omise enter Japan and South East Asia
Omise Holdings, a South East Asian fintech company, recently announced that it has received new funding. The funding in question was given through a collaboration between Global Brain, a Japanese Capital venture firm, 31VENTURES, which is an arm of Mitsui Fudosan, a real estate development firm, and SMDV, an Indonesian venture capital firm.
The exact amount of money received through these partnerships was not disclosed, but the new venture is highly beneficial in that Omise gets more funding and its current offshoot projects like Omise payments, OmiseGO and GO. Exchange will receive a wider reach.
Omise was founded in 2013 and has a primary objective which is to create borderless transactions. The financial world today offers a number of payment processing options.
However, Omise strives to make sure that these transitions can be carried out at any place or time with as few restrictions as possible.
This is done through an open platform that allows buyers and sellers to trade seamlessly.
The companies that have invested will have access to Omise’s platforms such as OMG Network, eWallet Suite, and OMG DEX which ensure secure and quick payments.
Omise, on their own part, have praised the new venture, with their CEO and Founder, Jun Hasegawa saying that they look forward to engaging in border partnerships and also to tap into the ever-changing Japanese market.
“Today’s announcement with industry leaders like Global Brain, 31VENTURES, and SMDV is another solid step further on our path of developing a new payments infrastructure.,” said Hasegawa.
While this new arrangement brings several other entities into the mix, there was a previous partnership between Omise and Global Brain.
They have previously worked together on the Ethereum Community Fund (ECF), which seeks to create more efficient blockchain-based platforms and also on Neutrino, a co-working space.
On their own part, Global Brain, Mitsui Fudosan and SMDV will assist Omise’s various arms in their entrance into the markets in South East Asia, Japan, and other key business markets.
More alliances with other firms are expected to emerge from this new venture over time.