Volt, a leading FinTech company, has recently secured $60 million in funding to drive its expansion in the Asia Pacific region through an open payments gateway. The funding round was led by EQT Ventures, a global venture capital firm, and included participation from existing investors, such as Northzone and Hanwha Investment & Securities.
The open payments gateway is a platform that allows businesses to easily integrate with multiple payment providers, enabling them to offer a wider range of payment options to their customers. This is particularly important in the Asia Pacific region, where there are many different payment methods and systems in use.
Volt’s open payments gateway is designed to be flexible and scalable, allowing businesses of all sizes to easily integrate with it. It also offers advanced fraud detection and prevention capabilities, helping to protect businesses and their customers from fraudulent transactions.
The funding will be used to further develop and expand Volt’s open payments gateway, as well as to support its growth in the Asia Pacific region. This includes hiring additional staff, expanding its partnerships with payment providers, and increasing its marketing and sales efforts.
Volt’s CEO, Jordan Lawrence, commented on the funding round, saying: “We’re thrilled to have the support of EQT Ventures and our existing investors as we continue to build out our open payments gateway. This funding will allow us to accelerate our growth in the Asia Pacific region and help more businesses offer a wider range of payment options to their customers.”
The Asia Pacific region is a key market for FinTech companies, with a rapidly growing middle class and increasing adoption of digital payments. According to a report by McKinsey & Company, the region’s digital payments market is expected to reach $1.8 trillion by 2025.
Volt is well-positioned to capitalize on this growth, with its open payments gateway offering a unique solution to businesses looking to expand their payment options. With the support of its investors and its focus on innovation and customer service, Volt is poised for continued success in the Asia Pacific region and beyond.
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FinTech Company Volt Secures $60 Million Funding to Drive Expansion in Asia Pacific through Open Payments Gateway
Volt, a leading FinTech company, has recently secured $60 million in funding to drive its expansion in the Asia Pacific region through an open payments gateway. The funding round was led by EQT Ventures, a global venture capital firm, and included participation from existing investors, such as Northzone and Hanwha Investment & Securities.
The open payments gateway is a platform that allows businesses to easily integrate with multiple payment providers, enabling them to offer a wider range of payment options to their customers. This is particularly important in the Asia Pacific region, where there are many different payment methods and systems in use.
Volt’s open payments gateway is designed to be flexible and scalable, allowing businesses of all sizes to easily integrate with it. It also offers advanced fraud detection and prevention capabilities, helping to protect businesses and their customers from fraudulent transactions.
The funding will be used to further develop and expand Volt’s open payments gateway, as well as to support its growth in the Asia Pacific region. This includes hiring additional staff, expanding its partnerships with payment providers, and increasing its marketing and sales efforts.
Volt’s CEO, Jordan Lawrence, commented on the funding round, saying: “We’re thrilled to have the support of EQT Ventures and our existing investors as we continue to build out our open payments gateway. This funding will allow us to accelerate our growth in the Asia Pacific region and help more businesses offer a wider range of payment options to their customers.”
The Asia Pacific region is a key market for FinTech companies, with a rapidly growing middle class and increasing adoption of digital payments. According to a report by McKinsey & Company, the region’s digital payments market is expected to reach $1.8 trillion by 2025.
Volt is well-positioned to capitalize on this growth, with its open payments gateway offering a unique solution to businesses looking to expand their payment options. With the support of its investors and its focus on innovation and customer service, Volt is poised for continued success in the Asia Pacific region and beyond.