Japanese Venture Capital Invests into Omise to Expand OmiseGO and GO.Exchange
Japanese Venture Capital Firm Global Brains Invests into Omise Holdings to Support Financial Infrastructure
Global Brains, a Japanese venture capital company, has invested undisclosed amount into a Thailand-based FinTech service provider, Omise Holdings, according to a press release.
The investment is aimed at financing the expansion plans of Omise in Japan, supporting its initiative to develop a financial infrastructure that includes a PayPal-like payment system and remittance service, as well as an Ethereum-driven decentralized exchange
Improving Traditional Financial Infrastructure
The main agenda of Omise is to improve its traditional financial infrastructure using innovative tools in a bid to expand its services to new territories. In the press release, the company noted that:
“Global expansion is a key growth driver for businesses around the world, yet financial transactions are being processed by legacy platforms built on infrastructures that are not geared to support global commerce needs,” the Omise statement read. “As global commerce and population movement grow, the ability to conduct payments anytime and anywhere becomes a necessity.”
As part of its ongoing strategy, Omise eyes enterprise adoption is Asia, starting with Japan. In order to achieve it expansion goals, the firm will leverage on its OMG DEX financial tools, eWallet Suite, and OMG Network, enabling individuals and businesses to conduct financial operations from their mobile devices.
Omise’s spokesperson acknowledged the enthusiasm of Japan when it comes to blockchain-powered startups in a statement, noting that:
“We have many services under Omise Holdings which our investors’ portfolio companies could choose to implement according to the requirements of their business needs.”
Omise and Global Vision Partnerships
This partnership isn’t the first between Omise and Global Visions. The two companies have previously come together on several blockchain projects, including Neutrino, a co-working space powered by blockchain and Ethereum Community Fund (ECF).
This time, Global Visions will help Omise build a good relationship with its clientele as well as other business partners. Speaking about the collaborations, the Founder and CEO of Omise, Jun Hasegawa, said that:
“We are excited our investors have affirmed their continued support for Omise with their contribution to this latest funding…. We look forward to engaging in broader partnerships and opportunities to tap into Japan’s rapidly evolving market.”