2C2P is an online payment solution provider for e-commerce merchants. It is a payment company certified by the American Express SafeKey protocol in Thailand. It provides comprehensive payment processing solutions for financial institutions such as Asian and international banks and e-commerce and mobile e-commerce companies operating in the Asia-Pacific region. It can process 78,000 transactions per day. Nature Payment method Founded in 2003 Founder Aung Kyaw Moe Website https://www.2c2p.com/2C2P Company Introduction2C2P was founded in 2003 by Myanmar entrepreneur Aung Kyaw Moe and is headquartered in Singapore and Thailand. 2C2P Customer Group2C2P clients include leading merchants and banks across Asia, including Nok Air, Lao Airlines, Deal.com.sg, as well as UOB, Kasikornbank, Thanachart Bank and TMB Bank. 2C2P in ThailandThey have launched POS systems and electronic payment systems in Thailand and Myanmar. In Myanmar, they brought a prepaid card product called "Citizen Card" and a corresponding mobile app. They are also working with international financial institutions such as American Express, China UnionPay, MasterCard and Visa. Financing The company has received angel investment from Expara IDM Ventures and a $1 million Series A investment from Digital Media Partners. In 2014, 2C2P announced that it had received $2 million in Series B funding, with $1.5 million led by an undisclosed investor and the remaining $500,000 invested by Japan-based GMO Payment Gateway. The deal was completed six months ago, but there was no media coverage. In 2015, 2C2P completed a $7 million Series C round of financing from investors including Amun Capital AG and GMO Venture Partners. After this round of financing, the total financing amount of this Singaporean startup has exceeded $10 million. In 2016, it completed an $8 million Series D financing. 2C2P Development HistoryIn 2013, 2C2P processed more than $500 million in online payments and had annual revenue of more than $2 million. |
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