About favepay

FavePay APP is an online payment platform created by a Malaysian company. This APP can provide users with discounts, offers, cashback and other activities while making payments. At the same time, the software supports various payment methods such as credit cards and debit cards. It is convenient and easy to use. This software can be used in thousands of Fave restaurants in Singapore, Malaysia and Indonesia .

use

FavePay aggregates multiple payment options from credit and debit cards such as Visa , MasterCard and American Express , and with mobile wallet providers coming online soon, merchants can benefit despite the fragmented payments landscape in the region.

Financing

In September 2018 , mobile O2O platform Fave received US$ 20 million in Series B funding from three existing strategic investors, including Sequoia India, SIG Asia Investment and Venturra Capital . With this financing, Fave plans to bring more benefits to offline retailers and consumers.

Development

In August 2017 , Southeast Asian O2O ( online to offline ) mobile platform Fave announced on Wednesday that it will cooperate with Ant Financial, a financial institution under Alibaba (BABA.N) , to provide Southeast Asian customers with a seamless cross-border payment experience through Alipay, and the Singapore market will be the first to launch the experience.

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