FOMO Pay is a Singapore-based FinTech startup founded in 2015, which has gained significant attention in the digital payment, banking, and asset solutions sector. The company holds a major payment institution license regulated under the Payment Services Act by the Monetary Authority of Singapore (MAS). This enables FOMO Pay to offer a comprehensive range of services including cross-border and domestic money transfer, digital payment token, and merchant acquisition. Its recent Series A investment of $13.00M on 18 August 2022, led by prominent investors HashKey Capital, Jump Crypto, Republic capital, Antalpha, and AB Initio Capital Management, reflects the market's confidence in the company's financial potential and prowess. The firm's offerings, namely FOMO Payment, FOMO iBank, and FOMO Capital Markets, have positioned FOMO Pay as a prominent player with a vision to bridge the gap between traditional and digital financial platforms in Asia. With a focus on creating a fully licensed financial platform, the company is well-poised to facilitate seamless connectivity between fiat and digital currency for businesses and institutions.
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Singapore Market
Financial Services
About FOMO Pay
Taxonomy: Digital Payment, Digital Banking, Payment Gateway, Digital Asset, Blockchain Technology, Cross-border Payment, Remittance, Merchant Acquisition, Cryptocurrencies, Financial Platform, Web 3.0, Payment Services, Monetary Authority of Singapore, Asia
Funding Rounds & Investors (2)
View All| Funding Stage | Amount | Investors | Lead Investors | Date |
|---|---|---|---|---|
| Series A | •••••• | 5 |
|
18 Aug 2022 |
| Non Equity Assistance | •••••• | 2 |
|
07 Sep 2020 |
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