FOMO Pay acquires Singapore fintech companies CapBridge and 1exchange, obtaining a service license for the Singapore market
ChainCatcher news, according to Tech in Asia, digital payment solution provider FOMO Pay has acquired Singapore fintech companies CapBridge and 1exchange, obtaining the Singapore market operator and capital market services licenses. CapBridge offers capital market products such as securities and collective investment schemes, while 1exchange is a private securities exchange that provides listing opportunities for SMEs, corporations, and institutions.
Data from the crypto platform RootData shows that FOMO Pay announced the completion of a $13 million Series A funding round last August, led by Jump Crypto with participation from HashKey and others.
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