A payment experience solution developer called Opn has rebranded from SYNQA in honor of the closing of a $120m Series C+ funding round, which coincides with its rebranding.
Mars Growth Capital, MUFG Bank, and JIC Venture Growth Investments all made contributions to the project.
Taking advantage of the funds will enable Opn to expand into new geographies and scale its business.
Opn has been enabling commerce through embedded payment experiences since its founding in 2013. Providing companies with tools and technology to build the kind of customer experiences they are looking for and to increase revenue, is what it does.
By using its technology, businesses are able to secure payments across all channels of sales, whether they are online, in-app or in-person, and to manage transactions easily using cards, QR codes, and other methods of payment.
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OPN is a Thai-based company that operates in Southeast Asia and Japan, and it is based in Bangkok.
According to Jun Hasegawa, CEO and founder of Opn, “We are extremely excited and proud to receive this high-quality investment, which will allow us to accelerate the development of our core payment solutions in addition to expanding our presence in new markets within our core markets like Southeast Asia and Japan.
As we come to the end of our ten year journey since we started as a payment gateway company, and now provide customised FinTech solutions to help business grow, we remain obsessed with finding new and innovative ways to make payments as seamless as possible for both businesses and the people they serve. As a result of the fintech solutions we provide, we are realizing our vision of making the digital economy accessible to all.”
With the close of the round, the total amount of funding raised by the company has reached $22 million.
This means that Opn has rebranded from Synqva.
Contributions were made by JIC Venture Growth Investments, MUFG Bank and Mars Growth Capital.
The company’s expansion plans will be helped by the investment, which comes as it expands into new geographies.
Founded in 2013, Opn enables commerce through embedded payment experiences.
Companies provide customers with tools and technology to build unique customer experiences and grow revenue.
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The platform also allows companies to create and sell their own collectibles such as non-fungible tokens.
Optic, which is based in Thailand, operates across Southeast Asia and Japan.
“This investment will allow us to expand our core payment solutions, while also helping to increase adoption of these services, particularly in Southeast Asia and Japan, where we see immense growth potential,” added Jun Hasegawa, CEO and Founder of Opn. “We have also identified key verticals like utilities, education, insurance, healthcare, travel, ecommerce and more where we see huge growth in their adoption of payments.
“We have realised our vision of enabling access to the digital economy for everyone.” Through our fintech solutions, we are realising our vision of enabling access to the digital economy for everyone.