MatchMove Pay, a Singapore FinTech, has bought eCommerce startup Shopmatic, also from the same country, for $200 million, a report said. This shows how much the startup ecosystem in India and southeast Asia has been consolidating. The combined entity will be called the MatchMove Group...
FinTech firm MatchMove has struck a deal to acquire a “strategic stake” in eCommerce solutions company Shopmatic, according to reports. Financial details of the acquisition were not disclosed. Singapore-based ShopMatic said the new partnership aims to gain new customers and boost its growth. With the...
May 22, 2022
MatchMove Pay, a Singapore FinTech, has bought eCommerce startup Shopmatic, also from the same country, for $200 million, a report said. This shows how much the startup ecosystem in India and southeast Asia has been consolidating. The combined entity will be called the MatchMove Group and will target revenues of $400 million and four million […]
March 31, 2020
FinTech firm MatchMove has struck a deal to acquire a “strategic stake” in eCommerce solutions company Shopmatic, according to reports. Financial details of the acquisition were not disclosed. Singapore-based ShopMatic...