Singapore – Global fintech platform Pomela is expanding its payment platform as a service (PPaaS) through a brand uplift as well as expanding its regional presence in Europe and Asia-Pacific. The move will enable Pomelo to continue to capitalise on growing demand for digital payments which has accelerated rapidly following the COVID-19 pandemic.
Headquartered in London, UK, with a regional headquarter in Singapore, and offices in Vietnam, Thailand and Hong Kong, Pomelo continues to expand its footprint by working with banks, non-bank financial institutions (NBFIs), fintech and enterprises across Asia and Europe. The brand uplift, which includes a refreshed logo and new website, helps support this ambition.
Pomelo provides financial institutions and enterprises with a unified B2B payment platform solution to boost revenue and lower costs by increasing payment efficiencies across the financial ecosystem. It offers ready-to-use payment rails, intuitive merchant acquiring infrastructure and access to the latest technology, designed with configurable modular features and microservices.
Vincent Choi, CEO and co-founder of Pomelo said, “This represents an exciting new chapter and look for Pomelo and reflects our mission to help businesses propel forward with smart, accessible financial technology solutions. We want to help financial institutions and enterprises address complex or legacy challenges through a unified platform that’s scalable and constantly updated with the latest payment rails and technology the world has to offer.”
He added, “The expansion of our platform business will enable us to capitalise on rapidly growing demand for digital payments that we’ve seen worldwide, particularly in Asia and Europe. We are proud that our technology has helped businesses navigate uncertainty and build resilience by lowering costs and attracting new customers. With more challenging economic headwinds on the horizon, this type of support is going to become increasingly important.”