WadzPay and FinFan Announce Strategic Partnership to Transform Virtual Asset-based Payments Landscape in SEA
[Vietnam, 6th December 2023] - WadzPay, a global leader in innovative blockchain based payments technology for virtual assets, is proud to announce its strategic partnership with FinFan, a trailblazer in the Vietnamese financial sector and experts in cross-border money transfers platforms. This collaboration that was cemented in the signing of a Memorandum of Understanding (MOU) between the two parties marks a significant step towards revolutionising the payment ecosystem for virtual assets in SEA, resulting in FinFan now being able to offer advanced solutions for both consumers and businesses.
The scope of the MoU includes integration of WadzPay's state-of-the-art technical solutions into FinFan's payment ecosystem. This integration will allow consumers and businesses to leverage on all of WadzPay solutions across the various product categories for seamless blockchain-based payments and remittances using virtual assets.
Amit Malik President WadzPay – Japan Asia Pacific Australia region, expressed his optimism about the partnership, stating, "WadzPay is excited to collaborate with FinFan to bring innovative blockchain payment solutions to Vietnam and SEA. Vietnam is a key emerging market in the region and our technical expertise combined with FinFan's extensive reach will enhance the overall payment experience for users."
Under the Memorandum of Understanding (MOU), both parties will explore opportunities to distribute WadzPay's products across various domains, including Issuance, Acceptance, Remittances and Tokenization, based on opportunities originating from either entity.
Dr. Tuyen Nguyen - Founder for FinFan, commented on the collaboration, stating, "This partnership with WadzPay aligns with our commitment to providing cutting-edge financial solutions in Vietnam and SEA. We believe this collaboration will significantly contribute to the evolution of the payment landscape around virtual assets in our regions."
WadzPay's strategic advancement to carve a niche within the virtual asset payment domain in SEA will be bolstered by FinFan's strong presence in the market.
WadzPay was founded in 2018 in Singapore with a commitment to drive financial inclusion and revolutionise the virtual asset landscape. It is a leading global blockchain-based payments technology provider for virtual assets. The company's innovative platform available as a SaaS offering provides secure, efficient, and transparent payment solutions, catering to businesses (B2B) and consumers (B2B2C). WadzPay works with large international payment companies, banks, and fintechs to enable virtual asset-based transaction processing, custody, and settlement. It operates across geographies spanning Asia Pacific, the Middle East, Africa, Europe, and the Americas.
For more information, visit www.wadzpay.com
FinFan is a cross border embedded financial services company that focuses on mass disbursement, fund collection, card processing, IBAN, digital APMs solutions, can provide valuable input and integration on and for the same. FinFan already integrated with almost the world's well-known MTOs, PSPs, switch and core fintech platforms as Money Gram, Thunes, Qiwi, Remitly, World Remit, Bancore, PaySend, Terrapay, Ria Financial (Euronet), Dlocal, Ripple, TripleA, FoMo Pay, Wings, ... or MoMo, Zalo, VNPay, VNPT, ...etc.
For more information, visit: finfan.io
PR and Communications
*WadzPay is a B2B technology provider. All regulated activities featured in WadzPay 2.0 are conducted by licensed entities in applicable jurisdictions.